Leicester City have secured a significant victory in their appeal against potential points deductions related to alleged Premier League profit and sustainability rule (PSR) breaches.
An independent panel has ruled that the Premier League lacked jurisdiction to punish the club, citing their relegation to the EFL Championship at the end of the 2022-23 season.
The Premier League expressed disappointment with the decision, while Leicester maintained that they merely sought to ensure the rules were applied according to their intended meaning.
The Foxes had faced charges of breaching spending limits during the three-year period ending in June 2023.
The panel’s ruling highlights potential ambiguities in the PSR rules, stating that certain aspects are “far from well drafted.” This decision could have broader implications for other clubs facing similar accusations.
Leicester’s successful appeal prevents a points deduction that could have significantly impacted their chances of returning to the Premier League.
The ruling also raises questions about the clarity and enforceability of the PSR regulations.