Premier League club escapes points deduction after overturning financial breach ruling

Leicester City have successfully appealed against a decision that could have led to a 10-point deduction after being found in violation of the Premier League’s Profit and Sustainability Rules.

Last season, Leicester were charged with breaching PSR, which are designed to ensure that clubs operate within their financial means.

The club argued that their relegation to the Championship exempted them from penalties, since they were no longer in the Premier League when they submitted their accounts.