Leicester City have been referred to an independent commission by the Premier League for an alleged breach of profit and sustainability rules (PSR). The Premier League has also referred Leicester “for failing to submit their audited financial accounts” to the league.
have been referred to an independent commission by the for an alleged breach of profit and sustainability rules . The Premier League has also referred Leicester “for failing to submit their audited financial accounts” to the league. The alleged breach comes in the three-year reporting period which ended in the 2022-23 season, which saw Leicester relegated from the Premier League after a nine-season stay. It has been anticipated that since earlier this month.
“The club thanks its supporters for their understanding in this matter and for their continued support for our team, whose success on the pitch during the final weeks of the season remains our primary focus.” How did Leicester get here? When Leicester were relegated nine and a half months ago, chief executive Susan Whelan sent all employees an email giving assurances that, for the club as a whole, it would be business as usual. There were no redundancies.
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