An update on Leicester City’s PSR situation has emerged on Tuesday morning.
It’s been a tough season for the Midlands outfit so far, with the threat of relegation, a new manager and a potential points deduction looming.
Leicester City fans were no doubt fearing their club were set to be charged by the Premier League for a breach of PSR in 2024/25.
The Foxes were charged by the Premier League for a breach of their spending rules in the three-year period leading up the the 2022/23 season.
They won that PSR case in early September 2024 but recent reports have suggested the club may have been charged yet again this campaign.
With club’s accounts for 2023/24 being released this month, there was speculation Leicester were in danger of suffering a points deduction.
Leicester City PSR decision made
Nottingham Forest and Everton were both hit by points decutions last term after failing to comply with PSR.
Their punishments suggested Leicester would not receive more than a four-point deduction amid claims they had overspent by around £12m.
However, John Percy of the Telegraph has now provided an update on the situation via X/Twitter and it’s good news for fans.
He wrote: “New – #lcfc will NOT face any charges for breaching PSR. ‘No complaint has been brought against Leicester by the Premier League for any breach of the PSRs for the period ending season 23/24.’ Huge boost for Leicester and Ruud van Nistelrooy.”
Leicester City still in battle with Premier League
While Leicester, along with the other 19 Premier League clubs have been charged this month, the Foxes are still at risk
The Athletic report that the Foxes remain in a legal dispute with the Premier League over spending during 2022/23.
The Premier League has launched an appeal over the case mentioned above that Leicester won earlier this year.
But it’s added that no new charges can be brought against the Midlands outfit until that dispute is settled.