Leicester City may face a points deduction in the upcoming season due to Profit and Sustainability issues.
The Foxes are bracing themselves for a tough summer following their Championship win and subsequent promotion.
Under the leadership of Enzo Maresca, Leicester clinched the Championship title in impressive fashion, bouncing back from Premier League relegation just over a year ago.
The Telegraph suggests that the potential penalty could range from six to fifteen points.
While a 15-point deduction seems unlikely, SunSport claims that a 10-point deduction would still set a new Premier League record.
The club’s financial struggles were evident when they reported losses of nearly £90 million earlier this year, indicating difficulty in complying with the league’s financial regulations.
In March, Leicester were charged with breaching the Profit and Sustainability Rules for the 2022-2023 period.
Leicester is expected to tighten its purse strings this summer, with the looming possibility of needing to raise funds by the end of June to stay compliant with regulations.
Notably, Everton and Nottingham Forest faced similar deductions of eight and four points respectively last season for breaching Profit and Sustainability Rules.
Leicester City manager’s potential move to Chelsea
Compounding Leicester’s woes, manager Enzo Maresca, who steered them to promotion, is reportedly in line to take over as Chelsea’s new manager.
Sky Sports indicates that Leicester have granted Chelsea permission to engage with Maresca.
It appears that Maresca’s move to Chelsea as the new manager is imminent, based on the progress of discussions.
