Leicester face points deduction as they are charged with alleged breach of PSR with club now set for legal battle
LEICESTER CITY are facing a POINTS deduction next season after being charged with yet another alleged breach of PSR rules.
The Foxes escaped a Premier League points deduction earlier this season after they were charged with a £24.4million breach for the 2022/23 campaign.
1
Leicester City have been charged with an alleged breach of PSR rules
Credit: Alamy
The Premier League challenged the initial ruling, but their appeal was dismissed.
But the Foxes - who were relegated to the Championship this season - face the prospect of being deducted points next season for an alleged breach of Profit and Sustainability Rules for the 2023/24 season.
An excerpt of a club statement read: "Leicester City FC notes the Tribunal decision which has been published today.
"The Club is pleased that it successfully defended the Premier League's challenge to the Appeal Board decision in relation to the PSR assessment period ending FY23, which was the main focus of these proceedings.
"The Premier League's own rules provide a deliberately high threshold for any challenge to the decision of an Appeal Board.
"In this case, the Appeal Board's decision was only capable of being overturned if it could be shown to have resulted from a 'perverse interpretation of the law' or was a decision 'which could not reasonably have been reached'.
"The Appeal Board decision was reached by a highly experienced panel (including two former Court of Appeal judges) and, although the tribunal may have disagreed with the decision, it dismissed the Premier League's challenge, finding (consistent with the arguments made by the Club all along) that the Appeal Board decision 'could not sensibly be seen as resulting from a perverse interpretation of the law'.
"The tribunal also concluded that the Premier League was successful in establishing jurisdiction on one of the two grounds argued by the Premier League with respect to the assessment period ending FY24, and the Premier League has now referred this to an independent Commission.
Most read in Football
"Consistent with its previous commitments, the Club intends to engage cooperatively in this matter now that the Premier League's jurisdiction has been established for the period ending FY24.
"However, we will not be able to comment further on these proceedings until they are concluded, due to their confidential nature."
The margin of Leicester's alleged breach of PSR rules for the 2023/24 campaign is currently unknown.
THIS IS A DEVELOPING STORY..
The Sun is your go to destination for the best football, boxing and MMA news, real-life stories, jaw-dropping pictures and must-see video
.
Like us on Facebook at
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Irish Daily Mirror
3 hours ago
- Irish Daily Mirror
Nathan Collins tries to take positives from poor Luxembourg performance
Nathan Collins knows Ireland's performance in Luxembourg wasn't good enough but the skipper is still drawing on the Boys in Green laboured to a 0-0 draw and nearly won it at the death when Jack Taylor smashed a shot off the despite a frustrating night, Ireland are still unbeaten in their four games this year going into the World Cup campaign in ace Collins said: 'A lot of things weren't right. Before the game we didn't want it to be that last game, end of season friendly feel to it.'We didn't want to be that passive and wanted to get after them more but we weren't at that.'But considering we're nowhere near our best, we still dug out a clean sheet. But we all know that was nowhere near our best, and we have so much more to give.'Collins continued: 'We're lucky that the result still carries momentum. The way we played we could have lost that.'We didn't deserve to win but to sit in and defend the way we did, we didn't deserve to lose.'Credit to Max O'Leary, he's been in the camp a long time and not got his caps but made two great saves.'Doc (Matt Doherty) got a tackle in and Knighty was class in front of us. We weren't at our best but we defended well, dug in and had our chances'And when we come back in September we will build on that. We have great momentum and we haven't lost in a few games.'We know there are more things to work on and get better at. Going unbeaten in four into a qualifier, I've never experienced that before so it's good.'Collins played every minute of the Premier League season for Brentford and has been a mainstay for Ireland of the players are heading straight on their holidays from Luxembourg, so Collins feels there are reasons for the flat performance.'It's been a long season,' he said. 'I've been trying to push myself to the limit. I'm physically tired, but I'm more mentally tired. I doubt I'm the only one in that boat.'We've pushed ourselves to the max this season. Away to Luxembourg, it's not an easy game.'They played a really good game, they were very good, they pressed high and that probably hurt us as well.'I know the passiveness was there but we still made them force things, we still defended in a nice solid way and made them go around us.'And Collins also believes that some fringe players have put their hands up for selection against Hungary in September after capitalising on the absence of others.'I think that's the whole point of this, you want players to come in, you want players under pressure for the next person,' he added.'You want to have that feeling, that the people behind you are pushing for your spot, it's a great thing.'
Irish Examiner
3 hours ago
- Irish Examiner
Three bright sparks from a frustrating Irish night in Luxembourg
Heimir Hallgrimsson shuffled his pack for the season-ending friendly, giving three less frequent campaigners a chance to impress from the start. This is how they fared. Max O'Leary Bristol City goalkeeper, 28, has spent six years hovering around the squad, waiting patiently for his first appearance, and he did himself no harm whatsoever here with a clean sheet - albeit against goal-shy opponents. It took almost half an hour for O'Leary to be called into meaningful action and his diving stop to turn Danel Sinani's shot around his left-hand post was a solid one. A selection of other straightforward stops came in the second half as Ireland incrementally improved from a limp opening 45. Usurping Caoimhin Kelleher for the games that matter in the autumn is quite unlikely and neither Gavin Bazunu nor Mark Travers should be forgotten about but it is both a blessing and a curse that a squad so lacking in depth elsewhere has four good players to choose from between the posts. Read More Much changed Ireland slump to dour draw with Luxembourg Killian Phillips It would be unfair to say Ireland's improvement and increase in control after he was substituted ten minutes into the second half was solely down to the full debutant St Mirren midfielder. But if fans have griped about a lack of midfield control for several years now, then Phillips is unlikely to prove the long-term answer. Jack Taylor, who was sprung on in a double change at the same time Phillips was removed, offered far more. That is not to say Phillips played badly. With his socks rolled down low in the style of a maverick, his handful of moments on the ball were quite safe. The issue was he simply did not get on it enough during a match begging for someone to offer something different. There was one nice bit of skill to purchase some space in the centre circle about 25 minutes in but it is hard to envisage a scenario where he is chosen ahead of more familiar names in September. Kasey McAteer The right winger followed up his goal in Friday's maiden start against Senegal with a quiet opening half last night but he showed more promise soon after the break when moving inside. His one clear sight of goal, in the 48th minute, was scuffed wide but when he was in possession Ireland looked marginally more likely to produce a bit of creativity. Unafraid to get stuck in, he reacted angrily to a naughty tackle by Sinani, who was booked, and McAteer was not short of defensive work either - with energetic tracking back halting Aiman Dardari from storming into the box with a counterattack that flirted with being dangerous. Replaced by Matt Doherty with 15 minutes remaining, if he can continue doing well for Leicester upon their return to the Championship in August expect him to feature in some guise for the qualifiers - most probably as an impact sub.
The Irish Sun
4 hours ago
- The Irish Sun
Babis Kostoulas, 18, is incoming Premier League star compared to Gabriel Batistuta and was eyed by Arsenal and Man Utd
GREEK wonderkid Charalampos Kostoulas is set to complete a record-breaking move to the Premier League after just one season at senior level. And absolutely no one in Greece is shocked by this development, which Advertisement 3 Olympiacos wonderkid Babis Kostoulas is joining Brighton 3 Kostoulas is moving to Brighton after a record-breaking deal 3 Brighton have signed a very promising prospect in Kostoulas SunSport understand The teenage sensation will undergo a medical before putting pen to paper on a lucrative deal that may run for four years, with the option to extend for a further one, worth £1.3m per season, plus bonuses. That makes Babis - which is short for his forename - the most expensive Greek signing of all time as he overtakes Kostas Manolas' £30m move from Roma to Napoli in 2019. The Greece Under-21 international started making noise in the country almost two years ago while rising through the ranks at Olympiacos. Advertisement Read More on Football The forward - who can cover both wings, play behind the striker and spearhead the attack himself - showed immense killer instinct, surprising speed and fantastic technique from the age of 16. Babis quickly earned comparisons to Argentina legend Gabriel Batistuta and was thus nicknamed "Babistuta" by everyone who got to witness his talent. The versatile striker lived up to the hype last season with Olympiacos' Under-19s as he led them to Uefa Youth League glory with five goals and two assists in nine matches. Kostoulas and co made history as they became the first ever Greek team to win a European trophy, shortly before Olympiacos' seniors Advertisement Most read in Football CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS The wonderkid's impressive introduction comes as no surprise as he was mentored from his father who knew everything about winning silverware and competing in the Champions League with the Greek giants. Thanassis Kostoulas joined the Piraeus outfit in 1999 and spent eight glittering years that saw him winning seven league titles and two Greek Cups. I can win the Ballon D'or says Brighton's Carlos Baleba The former centre-back amassed a total of 202 appearances, 15 of which were in the Champions League against the likes of Advertisement And Thanassis saw his son following his footsteps this season as he was quickly established as a key member of manager Jose Luis Mendilibar's first team. Babis broke his goalscoring duck in November during the derby against PAOK in the fiery and intimidating ground of Toumba Stadium. That night he became Olympiacos' youngest ever league goalscorer at the age of 17 years, five months and 11 days. A series of impressive performances in the Europa League soon followed and he played a critical role in Olympiacos' journey to the Last 16, which saw them finishing in the top eight of the league phase. Advertisement Many believe Mendilibar's side would have made it farther if their wonderkid was never injured. Attracting Premier League interest Kostoulas went on to cut a prolific figure in Greece and helped his team win the Double in their 100-year anniversary with seven goals and two assists in 35 appearances before picking up a muscle injury at the end of the season. The Prem giants faced competition from other elite outfits, such as Bayern Munich, Borussia Dortmund, Juventus and AC Milan. Advertisement But it was the Seagulls who won the race for a player who started the season with a release clause worth a mere £423,000 on Transfermarkt. Sources suggest Brighton boss Fabian Hurzeler made Kostoulas his top "personal choice" as the club continues to poach the world's brightest prospects following the likes of Yves Bissouma, Moises Caicedo and Kaoru Mitoma. This comes shortly after the Seasiders also landed Babis' 19-year-old compatriot Stefanos Tzimas from Nurnberg following a £20.8m deal. Olympiacos could have made more Olympiacos could have waited longer to sell their brightest wonderkid in eight years, but opted on going down the same route they took with their last gem. Advertisement Panos Retsos burst onto the scene in the 2016-17 campaign immediately after getting called up from the youth ranks, just like Kostoulas. Retsos impressed so much that he was handed the armband at the age of 18, making him the club's youngest ever captain. And Olympiacos decided to strike while the iron was hot to sell the centre-back to Bayer Leverkusen for a then record £14.8m. Evangelos Marinakis' club could have got an even higher price than the money they're receiving from Brighton. Advertisement Kostoulas would have played in the Champions League and probably even the World Cup with Greece, where he has yet to receive his first senior call-up, if he had stayed put. Hefty sell-on clause The Greek champions run the risk of jumping the gun but played it smart by adding a sell-on clause worth up to 12 per cent. And that could prove to be a genius move as the attacker has the qualifications to emulate other Brighton prospects that went from total anonymity to global superstardom and astronomical transfers. His football skills speak for themselves, but what many don't know about is his personality. Advertisement Kostoulas inspires tremendous confidence that he perfectly combines with humility. And it shows in his interviews with a posture and eloquence we rarely see from footballers, especially youngsters - nothing like Chelsea superstar Cole Palmer. Olympiacos never really got to enjoy Kostoulas, but even just one year proved enough for every single fan to understand his true impact - just like Yaya Toure who left a year after his arrival in 2005 and went on to make history. Brighton have hit the jackpot in terms of discovering another rare gem, but they will have to show their usual patience and support to get the most out of this kid. Advertisement Because this is a player that has been going from strength to strength without much sign of slowing down since his academy days that convinced everyone a move to an elite club was simply imminent.
