Leicester SUING Premier League and EFL as they launch damning statement after being charged with FFP rule breaches

LEICESTER have confirmed that they have launched legal proceedings against the Premier League and EFL.

The Championship promotion hopefuls were yesterday charged with breaching the Prem’s Financial Fair Play rules.

PALeicester are second in the Championship table[/caption]

The Foxes, who sit second in the Championship, could face a points deduction next season, should they return to the top flight.

Earlier this season Everton were deducted six points and Nottingham Forest four over FFP breaches.

Leicester are accused of breaching financial rules during their last three Premier League season.

Enzo Maresca’s side are also facing a separate investigation from the EFL.

Confirming their intention to take legal action, the Foxes wrote in a club statement: “LCFC has been compelled today to issue two urgent legal proceedings against the Premier League and the EFL.

“LCFC will be seeking that each of these proceedings is determined by an appropriate and fully independent legal panel.

“The Club is committed to ensure that any charges against it are properly and proportionately determined, in accordance with the applicable rules, by the right bodies, and at the right time.

“While LCFC would prefer the proceedings to be in public, so its supporters and the wider world can be informed about the important issues of football governance that will be considered, the relevant rules require that these proceedings are conducted confidentially, and LCFC will therefore not be able to comment further about them at this stage.

“We reaffirm the Club’s position that we will continue to fight for the right of Leicester City and all clubs to pursue their ambitions, particularly where these have been reasonably and fairly established through sustained sporting achievement.

“The Club further notes that at 4pm today the EFL issued a public notification that LCFC has been placed under a registration embargo pursuant to its P&S rules.

“The EFL is aware that LCFC has disputed the EFL’s entitlement to impose this constraint, which is both restrictive and premature, with more than a quarter of the Club’s 2023/24 reporting period remaining.”

THIS IS A DEVELOPING STORY..

The Sun is your go to destination for the best football, boxing and MMA news, real-life stories, jaw-dropping pictures and must-see video.Like us on Facebook at https://www.facebook.com/TheSunFootball and follow us from our main Twitter account at @TheSunFootball.