September 29, 2024

Waving flag with Leicester City FC football club logo. Editorial 3D

The most recent information about Leicester City comes from reports that Nottingham Forest has learned how much they would be fined for violating the Premier League’s financial regulations in 2022–2023.

Nottingham Forest are reportedly set to be hit with a four-point deduction for breaching the Premier League’s Profitability and Sustainability Rules (PSRs) as Leicester City watch on with interest.

Forest were charged with a breach of the rules back in January with an announcement over any potential punishment expected on Monday, March 18. Ahead of that, the Guardian reports that the club have been deducted four points which would see them drop into the relegation zone, one point below Luton Town.

It’s a situation that City will be watching closely, given reports over them being close to potential breaches of financial rules. There have been claims that City are set to be charged by the Premier League themselves with the accounts for the 2022/23 season due to be published at the end of the month.

Should City be promoted back to the Premier League, they may lose points at the beginning of the next season if they are found to have violated the rules. The team’s relegation to the Championship reportedly complicated things and delayed the imposition of any penalties.

The club will be keeping a close eye on the situation with Forest to have an idea on any possible punishment. The four-point deduction for the Reds will be subject to appeal, Everton were originally handed a 10-point punishment for a breach the previous season but saw that reduced to six on appeal.

Although every situation is different, the latest update will give City a better idea of what punishment they could be given should they be found to be in breach of the rules. For fans it is still a waiting game to see if the reports come to fruition.

 

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