Leicester City deduction upheld after failed appeal

The Foxes were hit with the deduction in February as a punishment for breaching the EFL’s profit and sustainability rules by £20.8 million in a three year period to June 2024.

The club was also found guilty of breaching Premier League rules during their time in the top tier of English football for failing to provide their annual accounts to the league by the specified deadline.

Accepting of the decision, the club said in a statement: “With the matter now at an end and five games of the season remaining, everyone at the club is fully focused on the matches in front of us and on shaping the outcome of our season through our results on the pitch.

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Sam Long sweeps home the opener for Oxford United against Leicester City (Image: ©Jason Dawson)

“We know this has been a challenging period, and we thank our supporters for the backing they continue to give the team. The responsibility now is to ensure these remaining games are approached with the focus and intent our current situation demands.”

Leicester currently lie on place above Oxford United in 22nd, goal difference separating the two sides in the battle for Championship survival.

The U’s secured a draw and a win in their two matches against the Foxes this season, a 2-1 win in January coming just a few weeks before the points deduction which was Matt Bloomfield’s first victory as head coach after taking over from now-Leicester boss Gary Rowett.