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English Football League side Leicester City FC have today released the following statement on the latest developments on the PSR case.
Leicester City FC notes the publication today of the decision of the League Arbitration Panel (LAP).
As the LAP decision records, the EFL wrote to the Premier League on 20 March 2024 (the day before the PL brought its PSR complaint against LCFC), stating that the EFL would ensure that any sanction imposed by a Premier League Disciplinary Commission against LCFC would take effect while LCFC was in the Championship, whilst also noting that any points deduction sought by the Premier League would need to be applied before 4 May 2024.
However, after the Club challenged the EFL’s intention to act outside of its rules, the EFL subsequently unconditionally accepted that it does not in fact have any power, from any source, to impose a points deduction in the EFL which has been ordered by a Premier League Disciplinary Commission in relation to PSR.
LCFC continues to try and co-operate constructively with both the Premier League and the EFL to reach a lawful resolution of any issues relating to PSR, in accordance with our consistent commitment that any charges against the Club should be properly and proportionately determined, in accordance with the applicable rules, by the right bodies, and at the right time.
