Leicester avoids PSR penalty thanks to relegation loophole

Leicester City has successfully won its appeal after previously being charged with a penalty for breaching profit and sustainability rules (PSR). Premier League officials originally charged the Foxes for exceeding the three-year loss limit of about $137 million. Leicester recorded combined losses of nearly $170 million ending in the financial year of 2022/23. In the […]

Leicester City has successfully won its appeal after previously being charged with a penalty for breaching profit and sustainability rules (PSR).