Iheanacho and Ndidi in trouble as Premier League charge Leicester City for breach of financial regulation

Kelechi Iheanacho and Wilfred Ndidi's former Leicester City teammate to miss Euro 2024 (Photo Credit: Imago)

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Euro 2024: Ndidi and Iheanacho’s former teammate cut from England squad

Iheanacho and Ndidi in trouble as Premier League charge Leicester City for breach of financial regulation

Ayoola Kelechi 23:17 - 21.03.2024

The Foxes could face a potential points deduction that could come into play this season or next season

Leicester risk facing consequences after being charged with breaching Premier League spending rules, with Nigerian stars Kelechi Iheanacho and Wilfred Ndidi likely to be affected by any consequences due to their affiliation with the Foxes.

The Charge and Background

Leicester City finds themselves in hot water as they have been referred to an independent commission for allegedly breaching Profitability and Sustainability Rules (PSRs) and failing to submit audited financial accounts.

The charge dates back to events that occurred during the 2022/23 Premier League season when the Foxes were eventually relegated.

Current Standings and Promotion Bid

Despite the recent fluctuations in form, Leicester currently sits in second place in the Championship, with a game in hand over league leaders Leeds United. Their strong position suggests they have a significant chance of securing automatic promotion this season.

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Considering the Premier League charge and Leicester's current status as an English Football League (EFL) club, along with the time required to deliberate and determine potential punishments, it seems improbable that any points deduction would affect Leicester's performance this term.

Potential Consequences for Leicester City

However, a points deduction, if imposed, could immediately jeopardize Leicester's survival hopes in the Championship. Recent instances of points deductions for PSR breaches, such as Everton's six-point deduction and Nottingham Forest's four-point deduction, underscore the severity of the situation.

Club's Response

A spokesperson for Leicester City expressed surprise and disappointment at the Premier League's actions. The club emphasized its commitment to complying with PSR regulations while pursuing its sporting ambitions. Leicester asserted its willingness to defend itself against any perceived unjust actions by football authorities.

As Leicester City navigates through this challenging period, the club remains steadfast in its pursuit of sporting success while adhering to financial regulations. Their stance reflects a commitment to fair play and integrity within the footballing world.

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