It’s understood that if an independent committee determines that Leicester’s late submission of their records constituted a lack of cooperation, they could face harsher sanctions than the four points Nottingham Forest received.
Leicester has been placed under a transfer embargo by the Premier League, which has penalized the team for allegedly breaking the Profitability and Sustainability Rules (PSR).
If it is determined that Leicester violated the financial rules, the team might lose more points than Forest—which is presently second in the Sky Bet Championship on goal differential—but not this season. They still have a game left against leaders Leeds.
However, Leicester could argue that – as a Championship club – the Premier League doesn’t have any jurisdiction to require prior sight of those club accounts.
The team declared on Friday that it has filed “urgent” lawsuits against the EFL and Premier League.
According to a release, “LCFC will be requesting that a suitable and entirely impartial legal panel decide each of these procedures.
Courtsy sky sports
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