Leicester City's Descent into Relegation: A Six-Point Deduction for Breaching Profit and Sustainability Rules
In a move that has dealt another blow to beleaguered Foxes fans, Leicester City has been handed a six-point deduction by an independent commission for breaching the English Football League's (EFL) profit and sustainability rules. The sanction, which was ratified by the EFL board on Thursday, has left the club teetering on the edge of relegation from the Championship.
The decision comes after an investigation into Leicester's financial dealings over a three-year assessment period ending in 2023/24, during which time the club breached the relevant profit and sustainability (P&S) threshold by £20.8m. The commission also found that Leicester had failed to provide their annual accounts to the EFL when requested to do so, further exacerbating the situation.
The points deduction, which has taken the team from 17th place to 20th in the Championship, leaves Leicester City on the brink of relegation. With their current managerless squad lacking confidence and cohesion, a six-point penalty is likely to have a significant impact on their chances of avoiding the drop.
Leicester's parent club, King Power Stadium, has expressed disappointment at the decision, with the club stating that the points sanction "remains disproportionate" and "does not adequately reflect the mitigating factors presented." The Foxes had previously avoided a similar penalty in relation to allegations of profitability breaches during their 2022/23 season.
The latest development marks a low point for Leicester City, who won the Premier League title just over a decade ago. With their current situation showing no signs of improvement and the team struggling to find cohesion under interim manager Andy King, it remains to be seen whether the Foxes can avoid relegation this term.
In a move that has dealt another blow to beleaguered Foxes fans, Leicester City has been handed a six-point deduction by an independent commission for breaching the English Football League's (EFL) profit and sustainability rules. The sanction, which was ratified by the EFL board on Thursday, has left the club teetering on the edge of relegation from the Championship.
The decision comes after an investigation into Leicester's financial dealings over a three-year assessment period ending in 2023/24, during which time the club breached the relevant profit and sustainability (P&S) threshold by £20.8m. The commission also found that Leicester had failed to provide their annual accounts to the EFL when requested to do so, further exacerbating the situation.
The points deduction, which has taken the team from 17th place to 20th in the Championship, leaves Leicester City on the brink of relegation. With their current managerless squad lacking confidence and cohesion, a six-point penalty is likely to have a significant impact on their chances of avoiding the drop.
Leicester's parent club, King Power Stadium, has expressed disappointment at the decision, with the club stating that the points sanction "remains disproportionate" and "does not adequately reflect the mitigating factors presented." The Foxes had previously avoided a similar penalty in relation to allegations of profitability breaches during their 2022/23 season.
The latest development marks a low point for Leicester City, who won the Premier League title just over a decade ago. With their current situation showing no signs of improvement and the team struggling to find cohesion under interim manager Andy King, it remains to be seen whether the Foxes can avoid relegation this term.
I don't think 6 points is enough for them they should lose more points 
. I mean, £20.8m is a lot of money and if they broke that rule they should face the consequences 
. And yeah, their team is struggling right now and with no manager it's even harder to win games 
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ugh i dont get why they havent been more harsh on leicester city their financial troubles are no joke 
£20.8m is a huge amount and its not like they just slipped up once it was a pattern of behavior over 3 years 
the fact that they breached the rules multiple times shows they werent trying to be transparent or compliant with the rules at all 
now their season is pretty much ruined and fans are left wondering what happened to the foxes 
who's gonna feel sorry for them now that relegation is on the line?
. Six points is just not fair considering they've been in the red for years. They knew their profits exceeded the P&S threshold, so why didn't they address it sooner? And now they're paying the price 
. It's gonna be tough for them to turn things around with this many points behind and no manager in sight 
. Leicester fans are in for a long season, and I'm not surprised the Foxes are struggling 
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This six-point deduction is a harsh reality check for Leicester City, and I'm not surprised that fans are feeling the heat 
. The breaching of profit and sustainability rules has been known about for years, but it takes a commission to finally take action. The impact on the team's morale must be huge with their current squad looking lost 
. They've come so far since that historic title win in 2016, and now they're fighting for survival again 
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This is so unfair for Leicester City fans! I mean, they were in the Premier League just a few years ago and won everything, now their team is struggling and on the edge of relegation because of some financial rules? It's not fair to the players, coaches or the fans. The points deduction makes it almost impossible for them to avoid relegation. I feel bad for the supporters who have been through so much in recent years... 
, six-point deduction is massive for Leicester City right now! They're really in trouble 
they went from prem champs to almost gettin relegated cuz of some fin stuff 
. i feel bad 4 the fans, they must be devastated 
. They're already reeling from their poor form on the pitch, and now this huge penalty just adds to their woes. It's like the league is piling all this pressure on them - they can't even get their finances right? 
. Leicester's parent club is already throwing shade at the league, saying the penalty doesn't reflect the circumstances... yeah, I get it, King Power Stadium is all about fairness and justice 
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like they're trying to put out the fire with gasoline 
anyway, i feel bad for the fans, but the club's all over the place financially like what were they thinking? 
and now it's a matter of life and death (relegation) 
I feel so bad for the Leicester City fans, they've been through enough already with that crazy Premier League title win back in 2016. Now, to see their club facing this kind of trouble is just heartbreaking. Six points isn't a lot, but it's a huge hit to their chances of avoiding relegation. You can tell they're really struggling on and off the pitch right now... 
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. I think the EFL board was way too lenient. Maybe they should've given them a few more points off for good measure 
. Bring on the relegation! 
dont get me wrong ive loved watchin foxes play all these yrs but right now i'm just worried about their survival in the championship