Three Premier League clubs are anxiously awaiting potential charges for breaching financial regulations, with Leicester City among those facing possible points deductions ahead of Tuesday’s decision.
The clubs have been under heavy scrutiny during a 14-day review period following the submission of their 2023-24 accounts to the Premier League.
Leicester City, who posted cumulative losses of £124m in the three seasons before their relegation, face particular uncertainty over potential Premier League sanctions, according to The Sun.
Top-flight clubs must comply with strict Profit and Sustainability Rules, which limit aggregate losses to £105m over three seasons.
Premier League: Three clubs ‘fear points deductions’ with bombshell verdict set for today
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All clubs were required to submit their 2023-24 accounts to the Premier League by December 31, with any breaches to be communicated within 14 days.
The regulations have led to several points deductions in the past year, as clubs face increasing pressure to maintain financial compliance.
Leicester narrowly avoided punishment in September after successfully appealing their PSR decision, arguing they were not under Premier League jurisdiction following relegation.
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Premier League: Leicester are among the clubs at risk of a points deductions
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However, the Foxes’ position remains precarious due to their £124m losses accumulated over three seasons prior to relegation.
The club now faces another anxious wait to learn if they will face Premier League charges, and a possible points deduction, having returned to the top flight this season.
Last January, Everton and Nottingham Forest were charged for breaching PSR regulations, with Forest receiving a four-point deduction.
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Everton faced multiple sanctions during the 2023-24 season, initially being docked 10 points in November 2023 for breaching regulations in their 2021-22 accounts.
The Toffees’ penalty was later reduced to six points on appeal, before they received an additional two-point deduction for further PSR breaches relating to their 2022-23 accounts.
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Chelsea have also faced close scrutiny, having spent over £1billion on transfers since Todd Boehly and Clearlake Capital’s 2022 takeover.
The club sold a hotel at Stamford Bridge to a sister company and transferred their women’s team to parent company BlueCo Midco to manage PSR compliance.
Premier League: Man Utd feel they’ve done enough to comply with PSR rules
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Manchester United remain confident of meeting financial regulations despite posting losses of £113.2m for the year ending June 2024.
Chelsea are also reportedly confident they have complied with PSR regulations ahead of Tuesday’s decision.
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