Leicester City in relegation danger after six-point deduction for financial rules breach

Leicester City's Premier League aspirations are all but over after the club was handed a six-point penalty by an independent disciplinary commission. The punishment, determined to be "disproportionate" by the club, leaves Leicester City outside the Championship relegation zone only on goal difference.

The 20th-placed team in the Championship has been found guilty of breaching the Premier League's financial rules (PSR) for the three-season period ending with 2023-24. The club's refusal to provide its annual accounts to the Premier League by the relevant deadline was also deemed a breach of rule.

Leicester City have been fined £20.8m, which is significantly less than the maximum permitted losses of £83m across the timeframe. However, the penalty has put significant pressure on the club's future prospects in the Championship.

The Premier League has stated that Leicester's "improving financial position" during the relevant period was used as a mitigating factor in the decision. The commission also found that the club had failed to cooperate and submit its financial accounts on time, further exacerbating the situation.

Leicester City are currently searching for a new head coach after sacking Martí Cifuentes last month. The team is close to appointing a technical director to work alongside the longstanding director of football, Jon Rudkin, and a new chief executive.

With their reputation in tatters, Leicester City face an uphill battle to avoid relegation to League One. The club's players and staff are set to face a tough test on Saturday as they travel to Birmingham to take on their former midfielder Andy King's team.

"Change is the law of life, and those who do not change will fall behind."

Leicester City's situation is really tough right now... it's like they're stuck in a rut, can't seem to climb out of this hole. A six-point penalty is huge for them, especially when you consider their goal difference keeps them just above the relegation zone. It's gonna be an uphill battle for them to avoid relegation to League One... I gotta feel for them, they've been through so much in recent years and it seems like all that success has come undone.

man this is a disaster for leicester city they were in the mix just a few weeks ago now it's all but over £20.8m fine might not seem like much but when you're struggling to stay up like they are, that kinda money makes all the difference what really gets me is the fact that they had 6 whole points deducted from them and now they're fighting for survival in the championship i mean, i feel bad for the fans, they must be gutted

I feel bad for the Leicester fans right now ... I mean, who doesn't love watching their team battle it out in the Premier League? But with this penalty, it's like a punch to the gut . £20.8m fine is massive, and it's gonna be tough for them to recover from this. They were on track to avoid relegation, but now they're fighting for survival again .

I hope they can get their finances back on track (no pun intended) and find a way to stay in the Championship . The new coaching staff might just bring the magic back to the team . And yeah, it's gonna be tough facing off against Birmingham - I feel for King's side too ... Let's keep our fingers crossed that LCFC can make a comeback and show everyone what they're made of !

this is so unfair man! £20.8m seems like a joke considering the losses they could've taken if they hadn't been guilty of something (or not) . i'm all for financial fair play, but this feels like a harsh punishment to me... they're already in a tough spot with their new head coach search and stuff . i mean, can't the Premier League just give 'em a break? we gotta think about the bigger picture here – what's the point of having a league if teams are gonna be crippled by these kinds of fines?

Omg, what's goin' on with Leicster City?! They're gettin' roasted in the Premier League and now they've got a 6-point penalty slapped on 'em? That's some harsh punishment! I mean, I feel for the club and all, but this is crazy talk. £20.8m fine might not seem like much, but it's still a lotta cash . And now they're facin' relegation to League One? That's a total meltdown! Can't believe they didn't provide their accounts on time... how do you even miss that deadline?! Guess this is the end of their Premier League dreams for now. They'll just have to bounce back from this and come back stronger, maybe with a new head coach and some fresh talent? Fingers crossed!

ugh i cant even believe this leicester city is literally in shambles now six point penalty is just ridiculous, what did they even do wrong? the fact that they were able to improve their finances during the three seasons and still get hit with a massive fine is just not fair and its not like it was intentional, breaching the rules because of some silly deadline thingy but now the club is in the championship and fighting for relegation, i mean, what even is the point anymore? martí cifuentes got sacked last month and theyre still trying to find a new head coach, hows that going to help them now? at least the premier league gave them a mitigating factor but it just doesnt feel like enough leicester city needs a miracle right now

ugh, this is soooo sad for leicester city fans! a 6-point penalty is huge and it's gonna be a real challenge for them to stay up in the championship . i feel bad for the players and staff who are already dealing with the drama of finding new coaches and a technical director . they're gonna need some serious magic from their squad if they wanna turn this around ️. it's just so frustrating when teams don't follow the rules, especially one that's supposed to set an example for others . i hope they can bounce back from this and become a competitive team again .

man this is so sad for leicester city they had such high hopes of staying in the premier league but now it looks like they're fighting for survival that six-point penalty is huge and i feel bad for the fans who've been supporting them through thick and thin at least they're working hard to find new people to help them turn things around, it's gonna be tough tho ️ wish them all the best

This is some harsh stuff for the Foxes... They've been doing alright for themselves, just scraping in above relegation zone. Don't know how they're gonna bounce back from this. £20.8m fine seems a bit steep considering they weren't fined to death or anything. Guess you gotta be careful with those finances when it comes to the Premier League. Still, that new head coach they got might be able to turn things around... Fingers crossed for them!

Ugh, 6-point penalty is really harsh . I mean, £20.8m fine is steep too... £83m max allowed losses, what's the difference? They should have just been warned next time . And why did they need to punish them so hard for not submitting their accounts on time? Not exactly a huge deal . It's like the Premier League is just trying to cover its own backside... or something .

Oh no, poor Leicester City! They're in big trouble now . I mean, £20.8m is a lot of money , but it's not even close to what they could've lost if they hadn't been so sloppy . They really need to step up their game and get their finances in check .

I feel bad for the players too , they're already having a tough time with the new head coach and all that drama . And now this penalty is just going to put more pressure on them . I hope they can pull it together and turn things around ... but it's gonna be a tough road ahead .

They really need some stability behind the scenes too ️, not just in terms of the finances, but also with the coaching staff and all that . A new head coach would be great , and maybe even someone who knows how to manage the team's emotions . Anyway, I wish them luck ... they're gonna need it !

Omg what just happened at Leicester City I mean, I feel bad for the fans but £20.8m is still a huge fine right? It's like, they're gonna struggle to break even let alone make a push for promotion They need to sort out their finances and get their act together ASAP

And now they're changing coaches and hiring new people... it's like they're starting from scratch I'm worried about the team's morale too, they gotta find some confidence again I hope they can bounce back from this, but it's not looking good right now