Leicester City have been charged by the Premier League for breaching profit and sustainability rules.
The Foxes have been referred to an independent Commission for the alleged breach and failing to submit their audited financial accounts to the league.The alleged breach relates to the 2022/23 campaign when Leicester were competing in the Premier League and suffered relegation.were relegated to the EFL Championship prior to the introduction of the Premier League’s new Standard Directions, which prescribe a timeline within which PSR cases should be heard.
A club spokesperson said: "Leicester City is surprised at the actions the Premier League has taken today. The club is extremely disappointed that the Premier League has chosen to charge LCFC now, despite the club’s efforts to engage constructively with the Premier League in relation to the matters that are the subject of this charge, even though LCFC is not currently a Premier League club.
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