Follow the rules of Financial Fair Play This has become one of the great plagues for clubs around the world. Many have already paid the consequences of skipping them, such as Juventus Turin or the Everton this season, but now Leicester have managed to overtake them in an unprecedented move.
The Daily Mail reported that the English team, who made history in 2015/16 by winning the Premier League unexpectedly, was able to evade the regulations of the English top division and the EFL simultaneously.
Apparently, the Leicester failed to comply with the Premier League’s new fast-track system for potential spending breaches this season despite risking breaching their profit and sustainability rules for 2022/23 when they were relegated last season , but they also avoid being subject to an EFL spending plan (PSR). ) this year on the grounds that they were a top-flight club last year.
In an unprecedented event and where the stars almost aligned, Leicester told the EFL in November that it did not have to comply with its regulations because it was a Premier League club last season, but was not forced to comply with Premier League rules the following month when other clubs were at risk. of violation of The PSR has to rely.
This case has exposed a huge loophole in football’s spending rules, which Leicester have ingeniously exploited to give themselves a better chance of returning to the Premier League, something they have in mind as they lead the Championship with 81 points . .
It is true that Leicester could be accused of breaching the €122 million loss limit of the Premier League last season, but in any case the deduction of points will be applied next season, so they will not jeopardize the possibility of promotion .
The change in regulations
The turn of events came after the Premier League introduced new rules to deal with possible cases of PSR last summer, following a series of complaints that Everton avoided a points deduction that would have been seen of them who were relegated.
Under these new regulations, clubs at risk of breaking the rules must submit their accounts three months before their rivals (December 31), so that any disciplinary case can be concluded and any penalty will be applied at the end of the season. Regulations apply to Premier teams only.
Leicester’s accounts are due by the end of March and any punishment will be delayed until next season (unlike Nottingham and Everton), when they are likely to return to the Premier League.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
