Wayne Veysey

Sat 30 March 2024 7:45, UK

Former Everton chief Keith Wyness has insisted Leicester City’s financial rule breach is the “biggest so far”.

Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – claimed a penalty of “six points” would be fair and called for leniency from the Premier League.

Leicester were charged with breaching the top-flight Profitability and Sustainability Rules (PSR) last week (22 March).

The Foxes accounts for the 2022-23 campaign have not yet been made public but are expected to show a loss of more than £105million for the last three full seasons.

Enzo Maresca’s side will not face a points deduction for the current season, however, as fast-track for the punishment process was brought in after the club were relegated last year (2023).

Leicester City PSR breach is ‘biggest so far’ – 2022-23 accounts ‘won’t be pretty’

Leicester sit second in the Championship and are level on points with leaders Leeds with a game in hand.

Wyness told Football Insider‘s Insider Track podcast: “As we’ve seen, every case is heard by a different independent panel who all seem to come to a different conclusion.

“I think with the furore that has been unleashed with some of the earlier cases, they may be more lenient in future.

“You’d hope something like six points would be the penalty, but the numbers behind Leicester’s breach are going to be pretty big.

“With £92million of losses for the 2021-22 season and then their next set of accounts, which aren’t going to be pretty, it’s the biggest breach so far.

“But who knows what mitigating factors the lawyers can spin up with this one?”

In other news, Leeds United face crippling transfer blow as jaw-dropping offer ready.

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