Leicester City have lost their appeal against a six-point deduction for breaching financial rules, according to the English Football League (EFL). An independent commission previously imposed the sporting sanction after the club exceeded permitted loss thresholds. The EFL confirmed the appeal board dismissed the club's challenge on Wednesday.
The breach relates to EFL Profitability and Sustainability Rules during a three-season period ending in 2022-23. Leicester argued the league lacked the jurisdiction to punish them for these specific accounts. However, the panel upheld the initial decision, meaning the points deduction applies to the current Championship season with immediate effect.
The club expressed disappointment with the outcome in an official statement but acknowledged the finality of the ruling. This deduction alters the team's standing in the promotion race as the campaign enters its final weeks, per Sky Sports. Leicester must now manage the remainder of their fixtures with the reduced points total while continuing to monitor their ongoing financial compliance.
