Foxes declare war on Premier League and EFL as row deepens

Leicester City have hit back against allegations that the club has breached financial rules by issuing what they are caling two “urgent” legal proceedings against the Premier League and the EFL.

On Thursday evening, the Foxes were charged with breaching the Premier League’s Profitability and Sustainability Rules.

The Foxes have been accused of failing to submit audited accounts to the Premier League for the 2022/23 season.

Late on Friday afternoon, Leicester City issued a statement saying that they will be seeking that each of the legal proceedings they had issued is is determined by an “appropriate and fully independent” legal panel.

The statement added: “The Club is committed to ensure that any charges against it are properly and proportionately determined, in accordance with the applicable rules, by the right bodies, and at the right time.

“While LCFC would prefer the proceedings to be in public, so its supporters and the wider world can be informed about the important issues of football governance that will be considered, the relevant rules require that these proceedings are conducted confidentially, and LCFC will therefore not be able to comment further about them at this stage.

“We reaffirm the Club’s position that we will continue to fight for the right of Leicester City and all clubs to pursue their ambitions, particularly where these have been reasonably and fairly established through sustained sporting achievement.”

The EFL hit back, placing the club under a transfer embargo and saying: ““The EFL notes today’s statement by Leicester City, issued shortly after the Club’s registration embargo under Profitability and Sustainability Rule 2.10.1 was made public in accordance with EFL Regulations.

“The League will not be making any comment on the proceedings issued by the Club.”

Leicester City added: “The Club further notes that at 4pm today the EFL issued a public notification that LCFC has been placed under a registration embargo pursuant to its P&S rules. The EFL is aware that LCFC has disputed the EFL’s entitlement to impose this constraint, which is both restrictive and premature, with more than a quarter of the Club’s 2023/24 reporting period remaining.”

The Foxes currently sit second in the Championship, behind leaders Leeds United on goal difference only.