Chasing hard! After Leicester City is relegated, it may still be subject to deductions in the new season

Leicester City faces deductions for the new season, and financial violations are investigated

Premier League relegated team Leicester City may be deducted in the English Championship next season, for the violation of the Premier League's "profit and sustainable development rules".

suspected of serious financial violations, and the case has been handed over to the Independent Commission for trial

According to the news disclosed by the British media, the official Premier League spokesperson confirmed: "Leicester City has been handed over to an independent commission for review of its violation of profit and sustainable development rules in the 2023/24 season, failure to submit financial reports on time and failure to fully cooperate with the Premier League investigation."

At the same time, The EFL (English Football League), the British Champions League management agency, also responded: "After receiving the financial report submitted by Leicester City in March 2024, we will forward the case to the Premier League for processing in accordance with relevant regulations. We are currently waiting for the results of the investigation and will not make further comments."

This means that although Leicester City has been relegated from the Premier League to the Championship this season, their suspected financial issues during their promotion to the Premier League still need to be held accountable.

Violation content: Loss exceeds the standard + Refusal to cooperate with the investigation

The investigation shows that Leicester City's fiscal deficit in the 2023/24 season may exceed the £83 million limit stipulated by the Premier League, and the club failed to submit necessary financial statements on time and did not provide full cooperation with the Premier League investigation.

The cause of this incident can be traced back to a warning letter issued by the EFL legal department on March 1, 2024, pointing out that Leicester City has financial risks and the loss is expected to be far beyond the allowable range, so it is included in the formal investigation list.

At that time, Leicester City was still in the Premier League, but ultimately failed to relegate and returned to the Championship in just one season.

Once the investigation determines that Leicester City has indeed violated the PSR regulations, the team will face severe penalties for points deductions in the new season of the English Championship. This mechanism was once used in clubs such as Everton and was regarded as an important means to curb financial violations.

If points are deducted in advance, Leicester City's new season journey will be even more difficult and may even fall into a long-term struggle.

Leicester City's performance this season is a mess. The team ranked last in the Premier League, becoming one of the three relegated teams, saying goodbye to the top league just one year later. Off the market, problems such as management turmoil, tight funds, and chaotic transfer operations are constantly occurring.

Now faces investigation of financial violations and potential points deductions, this team that once wrote "Miracle Winning the Championship" is standing at a crossroads.

This "hard battle" between law and finance may determine the fate of the Blue Fox in the next few years. Fans can only pray that the "Leicester City Miracle" that once created history in 2016 will not come to an end.