Leicester could land second points deduction blow – Keith Wyness
Everton’s former chief Keith Wyness has insisted Leicester City could be close to the profit and sustainability (PSR) limit again this season.
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 – suggested Leicester could be at risk of another points deduction as they await to hear the outcome of their first spending breach.
Leicester were charged in March with a breach of the Premier League’s profit and sustainability rules (PSR) for 2022-23, but they argued they were no longer a top-flight club when they submitted their accounts on 30 June last year following their relegation.
It was confirmed in July an independent commission had dismissed those claims and ruled they can be charged by the Premier League – a decision the club have appealed against.
Leicester reported losses of £89.7million in 2022-23, with top-flight sides only permitted to lose £105million over a three-year period.
Despite their financial concerns, Steve Cooper’s side continued to spend throughout the summer transfer window, having spent more than £70million on nine new additions.
Leicester could face more PSR issues after summer spending spree
Wyness suggested that spending spree could ensure Leicester land themselves in PSR trouble again this season.
He told Football Insider‘s Inside Track podcast: “They are going to be sailing very close to that PSR line.
“Although they managed to get a few sales away, we need to be watching that closely and I’m sure they will be.
“Hopefully, they have got enough common sense to keep within it.
“But there is potential for them to land another points deduction, so let’s see where it ends up.”
In other news, Leeds fans rage at Leicester points deduction update.
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