News

Former Premier League chairman hopes Leicester City are relegated after avoiding PSR breach

Add as preferred source on Google

Leicester City fans can breathe a sigh of relief after their club avoided a PSR breach on Tuesday.

The Foxes faced a nervy wait to learn their fate regarding the accounts from the 2023/24 season.

It seemed likely that Leicester City would be handed a point deduction by the Premier League this month for breaching PSR.

The club narrowly escaped punishment for a similar issue earlier this year regarding their accounts from 2022/23.

And once again, the Premier League didn’t charge Leicester for breaching PSR on January 14th.

The Midlands outfit aren’t completely in the clear at present, however, with an ongoing legal battle relating to the 2022/23 campaign that saw the Foxes avoid a charge as they were plying their trade in the Championship last season.

Leicester City Press Conference
Photo by Plumb Images/Leicester City FC via Getty Images

Simon Jordan furious after Leicester City not charged by Premier League

Leicester fans were delighted by the PSR news emerging this week, though there are many who have been left furious.

Supporters of other Premier League clubs are angry at the Foxes for avoiding any sort of punishment, with one labeling it ‘a mockery’.

Now, former Crystal Palace chairman Simon Jordan, speaking live on talkSPORT alongside Jime White, has commented on the situation.

Jordan was clearly very annoyed and expressed hope that Leicester will be relegated.

He said: “They breached. I understand and appreciate the commercial value of what Leicester have done but by the governance of the game, they should be sanctioned.

“They’ve got away with it and I hope they get relegated.”

When asked if he wanted to take said comment back by White, Jordan simply replied: “No, I don’t.”

Leicester 2022/23 PSR charge explained

Premier League clubs are allowed to make losses of up to £105m over a rolling three-year period.

The previous charge brought against Leicester found them guilty of doing so but Nick De Marco was able to fight that case owing to the club dropping down to the Championship.

Now though, the Premier League have launched an appeal against that verdict, which was given in September 2024.

It’s not yet known when a decision will be made on the outcome of that appeal but it’s one more thing, on top of a potential relegation, the club must be worried about.