This decision means that the foxes have joined Everton and Nottingham Forest to see their points deduction after exceeding the exceeding the expected losses in three years. Leicester have been referred to an independent commission for breaching profit and sustainability rules (PSR) and failing to submit audited finances.
The foxees released a statement on its official website just a few hours after the Premier League announced the points deduction. According to reports from the club, they have followed the rules of the Premier League’s financial fair play for the past couple of seasons.