Why Leicester’s PSR escape has sparked fury among rival Premier League clubs
The IndependentSign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy There is fury within the top two divisions of English football after a legal technicality ensured that Leicester City will escape a points deduction, in another blow to the Premier League’s application of its Profit and Sustainability Rules. The club had previously been charged by the top flight for breaching the limit of £105m in losses over three seasons up to 2022-23, but Leicester’s change of financial year from 31 May to 30 June 2023 following the season they were relegated saw the appeal board rule that they fell out of the Premier League’s jurisdiction. Although the decision stated there was “nothing untoward” in the request to change financial dates, with the club having informed the Premier League as early as March 2023, it has brought strong emotion within the top two divisions. Leicester’s statement stressed the consideration of “the wording which is actually used in the Premier League rules ”.