Leicester City relegated but PSR rule break sees Fox hunt continue
May 21 – Leicester City, relegated from the Premier League, face an uncertain future after being referred to an independent commission over alleged profit and sustainability rule (PSR) breaches for the 2023-24 season, when they competed in the Championship.
The charges come following a lengthy arbitration process to determine jurisdiction between the English Football League (EFL) and Premier League. The tribunal ultimately ruled that the Premier League has the authority to charge the Foxes.