Leicester's appeal against the Premier League's Profit and Sustainability charge is rejected by an independent commission.
Leicester's appeal against the Premier League's Profit and Sustainability charge has been rejected by an independent commission.
Leicester appealed against the charge as they were in the English Football League at the time it was issued and felt the Premier League had no jurisdiction, having been relegated in 2023, but the commission has ruled English football's top flight can continue pursuing them.A statement said: “LCFC notes the publication today of the decision of the Premier League Commission.
Their latest accounts for the year ending 30 June, 2023 confirmed an £89.7m loss taking their total losses for their previous three Premier League campaigns to more than £215m.
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