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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

Sports

Fluminense 0–2 Chelsea: Joao Pedro Fires Blues Into Club World Cup Final

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Chelsea advanced to the final of the 2025 FIFA Club World Cup with a composed 2–0 victory over South American champions Fluminense at MetLife Stadium. The standout of the night was Joao Pedro, who scored twice against his former club in a memorable full debut.

The 22-year-old forward opened the scoring in the 18th minute with a precise strike from outside the penalty area. In a show of respect, Pedro chose not to celebrate. His second goal came shortly after the restart, latching onto a pass from Enzo Fernández and finishing powerfully under the bar.

Despite spirited efforts from Fluminense, Chelsea remained organized and composed. Marc Cucurella made a crucial clearance off the line, and the Blues were spared a penalty scare when a VAR check overturned the referee’s original decision. Chelsea’s midfield, led by Moisés Caicedo and Fernández, dictated the tempo.

Played in sweltering heat exceeding 35°C, the match tested both teams physically. Chelsea’s tactical discipline and fitness ultimately gave them the edge, allowing them to see out the match without serious threat in the closing stages.

Chelsea will now face the winner of the other semi-final between Real Madrid and Paris Saint-Germain in Sunday’s final. With Joao Pedro already making an impact, head coach Enzo Maresca will feel confident heading into the decisive clash.

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Today in History: Germany Humiliates Brazil 7–1 in 2014 World Cup Semifinal

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On July 8, 2014, football fans around the world witnessed one of the most shocking matches in World Cup history. In what was expected to be a closely contested semifinal, Germany stunned host nation Brazil with a jaw-dropping 7–1 victory in front of a packed crowd in Belo Horizonte. For Brazilians, it was a night of heartbreak. For Germany, it was a masterclass in efficiency and control.

The match started with high energy and anticipation, but within just 30 minutes, Brazil had completely unraveled. Germany scored five times in that short span with goals from Müller, Klose, Kroos (twice), and Khedira, leaving Brazilian fans in disbelief. It wasn’t just the scoreline that shocked the world, but the ease with which Germany picked apart a team known for its rich football legacy.

Things didn’t get any better after the break. Germany added two more through André Schürrle, pushing the score to an unthinkable 7–0. Brazil finally got a consolation goal late in the game thanks to Oscar, but by then the damage had long been done. Cameras panned across the stands, capturing tears, silence, and stunned expressions from the home crowd. It was more than just a defeat; it felt like the soul of Brazilian football had been crushed.

The match sent Germany to the final, where they went on to beat Argentina and win the World Cup. But for many, it is this semifinal that stands out as the defining moment of the tournament. It was clinical, cold, and unforgettable. Miroslav Klose also etched his name in history that night by breaking the record for the most World Cup goals of all time.

More than a decade later, “Germany 7, Brazil 1” still echoes in conversations about football’s biggest upsets. It is a painful memory for Brazil but a timeless reminder of how quickly the beautiful game can turn and why the World Cup never fails to deliver drama.

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Football

Kotoko 2–1 Hearts of Oak: Porcupines Win 2025 President’s Cup in Super Clash Thriller

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Asante Kotoko staged a dramatic comeback to clinch the 2025 GHALCA President’s Cup, defeating Hearts of Oak 2–1 at the Accra Sports Stadium. The Porcupine Warriors claimed their ninth President’s Cup crown, leaving their rivals to rue missed opportunities in a fiercely contested clash.

Hearts took the lead in the 23rd minute when Hamza Issah capitalised on goalkeeper Mohammed Camara’s error, tapping in from close range after Camara spilled a cross  . Despite the early setback, Kotoko responded early in the second half. Shortly after kickoff, Peter Amidu Acquah delivered a dangerous ball into the box that deflected off defender Konadu Yiadom for an own goal, levelling the contest.

Moments later, Kwame Opoku seized on a defensive lapse and finished calmly from close range in the 53rd minute to give Kotoko the lead  . The match then swung into dramatic territory. Hearts had a last-gasp penalty, but goalkeeper Camara redeemed himself by saving Emmanuel Amankwah’s spot kick, preserving Kotoko’s advantage.

Tactical Insights & Standout Performers

Kotoko’s high-press approach, orchestrated by coach Prosper Narteh Ogum, disrupted Hearts’ rhythm and forced early errors from the away side. The midfield trio controlled the tempo, while defender Kwame Opoku contributed crucial interventions and Opoku’s goal delivered a decisive edge.

What This Means

The victory extends Kotoko’s unbeaten run over Hearts to six matches in high-stakes fixtures and bolsters their reputation in President’s Cup history  . The win also sets the tone for Kotoko as they look ahead to the upcoming Champion of Champions clash in August. For Hearts of Oak, late drama and wasted chances will trigger tactical introspection as they prepare for the league campaign.

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