Leicester City points deduction to be fast-tracked after latest – Kieran Maguire
Leicester City’s points deduction case will be fast-tracked once the Premier League transfers shares from last season’s relegated sides to the promoted clubs.
That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that the Premier League will want to process Leicester’s case as quickly as possible to provide clarity before the start of the 2024-25 campaign.
The Foxes were charged with a breach of the Profit and Sustainability Rules in their 2022-23 accounts back in April.
The Championship winners posted losses of £89.7million in 2022-23 – their final year in the Premier League.
According to The Telegraph, Leicester could now face a record-breaking deduction of 15 points if they are found guilty of their breach.
Maguire believes progress will be made on the case once the Premier League has transferred shares to the promoted clubs.
Premier League to fast-track Leicester points deduction this summer
“First of all, Leicester used the rules well to avoid any sanctions during the season,” Maguire told Football Insider’s Sean Fisher.
“They argued they were not an EFL club or a Premier League club for the three years leading to the 30th of June 2023.
“But it was a case of kicking the can down the road as opposed to making the problem go away.
“It’s now up to the Premier League to sort this quickly.
“They will now go through the formal process of transferring the shares in the Premier League from Sheffield United, Luton and Burnley to Leicester, Southampton and Ipswich.
“Once that is done, I expect to see a rapid response from the Premier League, who will presumably want this sorted out as quickly as they can over the summer.“
In other news, Leicester City join race to sign Mohamed Konate
For more Leicester City and exclusive news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates to be sent straight to your phone.