The Premier League has referred Leicester City to an independent commission for alleged breaches of the EFL’s profitability and sustainability rules for the 2023-24 season.
Leicester are also accused of alleged breaches of their obligation to provide their annual accounts to the Premier League by 31 December 2024 and to provide “full, complete and prompt assistance” to the Premier League in response to the league’s inquiries.
Leicester say they will “engage cooperatively in this matter”. The Premier League said it had jurisdiction even though Leicester have been relegated to the Championship because the EFL had transferred responsibility for its investigation in June 2024 after the club’s promotion.