Leicester City Initiates Legal Action Against Premier League and EFL

Facing potential sanctions for alleged financial breaches, Leicester City seeks independent legal review.

Leicester City has launched legal proceedings against the Premier League and the English Football League (EFL) over alleged breaches of financial regulations.
The club faces a potential points deduction and a transfer embargo for reportedly exceeding the upper loss threshold in their profitability and sustainability calculations.
Leicester disputes the EFL's right to impose the transfer embargo, calling it 'restrictive and premature' with part of the financial reporting period still remaining.
The legal action aims for the proceedings to be determined by an appropriate and fully independent legal panel, although Leicester prefers these to be public to inform supporters and the wider world.
Leicester's financial troubles follow their relegation from the Premier League last season, but they remain in contention for promotion from the Championship.