London, May 20 -- Leicester City have been referred to an independent commission by the Premier League for an alleged breach of EFL financial rules during the 2023-24 Championship season.
The club could be punished with a possible points deduction and fine, although it is not clear at this stage when, what or how that will be applied.
At the centre of the tribunal decision were two contrasting decisions.
The tribunal upheld a decision that the Premier League could not punish the Foxes for breaching Premier League profit and sustainability (PSR) rules for the 2022-23 season as the club had been relegated from the top flight at the end of that campaign.
However, it also ruled that the Premier League does have jurisdiction to investigate t...