Leicester key player sign new deal with Celtic worth $81 million…

will avoid a points deduction this season after successfully arguing that the Premier League had no jurisdiction over them when it charged the club with a breach of profit and sustainability regulations. An independent appeal board has ruled that the top flight did not have the power to refer the Foxes to an independent commission in the 2023-24 season, during which they were in the Championship.

In March, the Premier League, which says it is ‘surprised and disappointed’ by the ruling, referred Leicester to an independent commission for an alleged PSR breach. The club’s initial complaint that the commission could not rule over them while they were in the Championship was thrown out.

However, the Midlands club have now won a decision against that ruling and are unlikely to face a points deduction this season. An appeal board has reversed the commission’s findings.

Leicester said in a statement: “Leicester City welcomes the appeal board’s comprehensive decision, which supports our consistently stated position that any action against the club should be pursued in accordance with the applicable rules.

“In its decision, the Appeal Board (which was made up of a panel of three experienced, senior lawyers, two of whom are former Court of Appeal judges) identifies flaws in the drafting of the Premier League’s rules.

“In challenging the Premier League’s attempts to charge Leicester City, the Club has simply sought to ensure (in the interests of providing consistency and certainty for all clubs) that the rules are applied based on how they are actually written.”

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