Foxes in the Fire: Leicester City Faces Points Deduction Threat
The upcoming Premier League season might see another club starting with a significant points deficit. Just weeks after their promotion, Leicester City finds itself in the crosshairs of the league's financial fair play regulations.
According to The Telegraph, Leicester could face a deduction of anywhere between six and fifteen points for breaching Profit and Sustainability Rules (PSR) over the past three years. This news comes hot on the heels of Everton's similar struggles.
Double Trouble: Everton's Financial Woes Linger
The Toffees, who were docked eight points last season for exceeding allowed losses, are still battling financial woes. Their precarious situation is further complicated by the apparent collapse of the much-needed £500m takeover by 777 Partners.
With the deadline for the deal looming on Friday, Everton faces the very real possibility of entering administration if the partnership falls through. This scenario would automatically trigger a nine-point deduction for the upcoming season.
Selling Spree on the Cards?
To avoid administration and the subsequent points penalty, Everton desperately needs to balance its books before June 30th, the end of their financial year. This likely means a significant player sale, with names like Pickford, Branthwaite, Onana, and Calvert-Lewin potentially on the chopping block.
Financial Fair Play: A Looming Cloud
Leicester's and Everton's situations highlight the increasing importance of financial fair play regulations in the Premier League. These rules aim to ensure a level playing field and prevent clubs from spending beyond their means.
However, the potential for hefty points deductions can be a bitter pill to swallow, especially for clubs like Leicester who have just secured promotion.
The coming weeks will be crucial for both teams as they navigate their financial challenges and fight to avoid starting the new season at a significant disadvantage.