Leicester has failed in its bid to overturn a six-point deduction imposed by the EFL for breaching financial rules. The club now sits in the Championship relegation zone with five games left in the season. The decision leaves Leicester facing a tough fight to avoid back-to-back relegations.
Leicester's appeal against the six-point penalty was rejected, upholding the sanction originally issued earlier this year by an independent commission. The punishment stems from breaches of Profit and Sustainability Rules (PSR) during the 2023-24 campaign, when the club was outside the Premier League. Although initially charged by the Premier League, the EFL took over following Leicester's relegation to the Championship. The commission determined that Leicester exceeded the permitted loss threshold by £20.8 million, rejecting the club's argument that its financial period should span 36 months rather than 37 due to delayed accounts submission. The deduction has already pulled Leicester into the relegation zone, compounded by poor recent form with only one win in their last 12 matches across all competitions. In a statement, Leicester said: “With the matter now at an end and five games of the season remaining, everyone at the club is fully focused on the matches in front of us and on shaping the outcome of our season through our results on the pitch. We know this has been a challenging period, and we thank our supporters for the backing they continue to give the team. The responsibility now is to ensure these remaining games are approached with the focus and intent our current situation demands.”