According to the most recent Football Insider report, newly promoted Leicester City will face a seven-point deduction next season.
Last season, Leicester was found in violation of the Profit and Sustainability Rules (PSR), which are intended to ensure that teams operate within their financial means.
The club sought to argue that their relegation to the Championship absolved them from the fines since they were not in the Premier League when they filed their accounts.
However, an independent panel rejected their plea and upheld the allegations against them.
Potential Point Deduction
The commission’s ruling means Leicester might begin the Premier League season with a substantial disadvantage.
According to the article, they might face a six to seven-point penalty. This penalty would put them at a significant disadvantage as they work to maintain their top-tier status.
The PSR restrictions have already had an impact on numerous Premier League teams, prompting them to exercise caution in their transfer operations this summer.
Last season, Nottingham Forest and Everton received points deductions for similar violations, showing the strict implementation of these financial laws.
This setback comes at an important moment for Leicester, who recently hired Steve Cooper as their new manager.
Cooper succeeded Enzo Maresca, who led the Foxes to promotion in their first season back in the Championship.
Maresca’s performance drew interest from prominent teams, and he eventually joined Chelsea to succeed Mauricio Pochettino.
Cooper and his team will have a hard battle as they begin the season with a huge point deficit. The team will have to negotiate this difficult circumstance while staying competitive in the Premier League.
