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Leicester City referred over alleged EFL financial breach

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Leicester City have been referred to an independent commission by the Premier League for an alleged breach of EFL financial rules during the 2023-24 Championship season.

The club could be punished with a possible points deduction and fine, although it is not clear at this stage when, what or how that will be applied.

At the centre of the tribunal decision were two contrasting decisions.

The tribunal upheld a decision that the Premier League could not punish the Foxes for breaching Premier League profit and sustainability (PSR) rules for the 2022-23 season as the club had been relegated from the top flight at the end of that campaign.

However, it also ruled that the Premier League does have jurisdiction to investigate the club for breaching EFL rules in 2023-24.

The independent commission will also assess two further alleged breaches by the Foxes; that they failed to provide accounts to the Premier League by 31 December, 2024, and that they did not “provide full, complete and prompt assistance to the Premier League in response to the league’s inquiries”.

Leicester, who this season have been relegated to the Championship for the second time in three years, said: “The club intends to engage co-operatively in this matter now that the Premier League’s jurisdiction has been established for the period ending FY24 (financial year 2024).”

News of the charge was revealed in a complex ruling that leaves many uncertainties over what it means and how it will be applied.

How can the Premier League do this?

Leicester won an appeal in September 2024 against an alleged breach of Premier League PSR rules for the 2022-23 season.

An independent panel found the Premier League did not have the jurisdiction to punish the Foxes as the club had been relegated to the Championship when their accounting period ended on 30 June 2023.

The Premier League said at the time it was “surprised and disappointed” by the panel’s decision, while Leicester said they had “simply sought to ensure that the rules are applied based on how they are actually written”.

The Premier League then tightened its rules, external in April so that clubs were still bound by its rules even if they were relegated.

“The alleged breach relates to the assessment period concluding at the end of the 2023-24 season, when the club was a member of the EFL Championship,” said a Premier League statement on Tuesday.

“The tribunal confirmed that the Premier League has the power to investigate an alleged breach of the P&S Rules [PSR] because the EFL validly transferred responsibility for its investigation to the Premier League in June 2024, when the club was promoted from the Championship.

“The Premier League continues to have jurisdiction even though Leicester City will be relegated to the Championship at the end of this season.”

What are the PSR rules?

Under the current rules the Foxes’ losses cannot exceed £83m for the three years up to 2023-24.

Premier League clubs cannot lose more than £105m over three years but the figure is reduced by £22m for every season a club spends outside the top flight.

Leicester’s latest accounts showed a loss of £19.4m for the period ending 30 June, 2024.

In their 2022-23 accounts Leicester confirmed an £89.7m loss while in the 12 months up to May 2022 they lost a club record £92.5m.

Those figures do not take into account ‘add backs’ – costs such as building infrastructure and investing in women’s football that the Premier League and EFL view as in the general interest of clubs.

Timeline of Leicester case

24 April 2023: Leicester change accounting period from 30 May 2023 to 30 June 2023

28 May 2023: Leicester relegated from Premier League

12 June 2023: Leicester formally cease to be Premier League club

30 June 2023: Accounting period for 2022-23 season ends

21 March 2024: Leicester charged by Premier League for breaching PSR rules for three-year period up to 2022-23

22 March 2024: Leicester appeal against the Premier League’s charge

26 April 2024: Leicester promoted back to Premier League

3 September 2024: Leicester win appeal against Premier League charge

20 May 2025: Premier League refers Leicester over alleged EFL financial breach

Source: bbc.com

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Football

Mo Magic: Mohamed Salah Named 2024/25 Premier League Player of the Season

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Mohamed Salah has been officially crowned the Premier League Player of the Season for 2024/25, after a sensational campaign that saw him lead Liverpool to the title with four games to spare.

The Egyptian forward delivered yet another world-class performance this season, racking up 28 goals and 18 assists, playing a pivotal role in what has been one of Liverpool’s most dominant title runs in recent history.

A Season to Remember

Salah’s attacking brilliance was on full display throughout the campaign—whether it was his trademark runs, clinical finishes, or inch-perfect assists, he proved yet again why he is one of the most feared players in world football.

His combination of consistency, creativity, and killer instinct not only set him apart from the competition but also inspired Liverpool to reclaim the Premier League crown in emphatic fashion.

Beating the Best

In a season filled with standout performers, Salah edged out competition from both teammates and top-flight rivals to secure the prestigious award. According to Liverpool FC, his leadership on and off the pitch, along with his match-defining contributions, made him the clear favorite for the honour.

This marks yet another accolade in the illustrious career of the 31-year-old, who continues to etch his name deeper into Premier League history.

Salah’s Legacy Grows

With this award, Mohamed Salah further cements his status as a modern-day great—not just at Liverpool, but across the Premier League. As the club celebrates another league title, Salah’s name will rightfully stand at the heart of it all, as the man who once again delivered when it mattered most.

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Ansu Fati Set for Monaco Switch as Deal Nears Completion

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AS Monaco are on the verge of completing a deal to sign Ansu Fati from FC Barcelona, with negotiations now in the final stages.

Sources close to the discussions reveal that the agreement would see Fati join Monaco on an initial loan, with a buy option clause included in the deal. A sell-on clause favoring Barcelona is also expected to be part of the terms, ensuring the Catalan club benefits from any future transfer.

The 21-year-old winger, once hailed as Lionel Messi’s heir at Camp Nou, is reportedly keen on the move, eager to reignite his career with regular first-team football in Ligue 1.

While talks are still ongoing between the two clubs, confidence is high that the transfer will be finalized soon. If completed, it could mark a fresh start for Fati and a major coup for Monaco heading into the 2025/26 season.

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Football

From Rejection to Revelation: Scott McTominay Crowned Serie A’s Most Valuable Player

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In one of the most remarkable football transformations in recent memory, Scott McTominay, once considered surplus to requirements at Manchester United, has been named Serie A’s Most Valuable Player for the 2024/25 season.

The Scottish midfielder has stunned critics and fans alike with his outstanding performances in Italy, proving that all he needed was the right stage to shine.

A Bold Move That Paid Off

McTominay made the move to Serie A under modest expectations, joining a club looking for steel and leadership in midfield. What followed was nothing short of a revelation. With his tireless work ethic, defensive grit, and surprising goal-scoring contributions, the 27-year-old quickly became a fan favorite and a key figure in his team’s title charge.

Across the 2024/25 campaign, McTominay registered 9 goals and 6 assists, consistently dominating the midfield and putting in man-of-the-match performances against Italy’s biggest clubs.

From Old Trafford to Italian Glory

At Manchester United, McTominay often found himself in and out of the squad, battling for minutes and struggling to establish a consistent role. Critics viewed him as a squad player at best. But in Italy, he’s proven that given the trust and responsibility, he can thrive at the highest level.

This MVP award is a testament to his resilience, professionalism, and growth—and a powerful reminder that football careers can be reborn in the most unexpected places.

A Message to the Doubters

McTominay’s success story sends a strong message to doubters and young players everywhere: career setbacks don’t define your future. In fact, they can be the very fuel for a spectacular comeback.

As the football world celebrates his rise, McTominay now stands tall not as a rejected Red Devil but as the most valuable player in one of Europe’s toughest leagues.

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