Chelsea in the Clear from PSR 🙏 Leicester City Faces Ongoing PSR Legal Dispute
Leicester City remains embroiled in a legal battle over Profitability and Sustainability Rule (PSR) compliance for the 2022-23 season, while all other Premier League clubs have been declared compliant for 2023-24.
Original Source
The Times
Written by
Steve Worrell
The Premier League confirmed no charges for PSR breaches during the 2023-24 season after all clubs submitted accounts by the December 31 deadline. However, Leicester City is still under scrutiny due to unresolved arbitration over alleged breaches from the 2022-23 season. Leicester previously won a legal challenge asserting the Premier League lacked jurisdiction after their 2023 relegation. Meanwhile, clubs like Chelsea avoided PSR risks through strategic transfers and financial maneuvers before the fiscal year-end.
- Leicester's Legal Dispute: Leicester is in confidential arbitration with the Premier League over jurisdiction and potential PSR breaches in 2022-23.
- Premier League Compliance: All other clubs were declared compliant for the 2023-24 season.
- PSR Breach Risks: Clubs such as Everton and Nottingham Forest faced points deductions last season for breaches.
- Chelsea’s Strategy: Chelsea used transfers and the sale of their women's team to balance finances before the fiscal deadline.
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MARK LEECH/GETTY
Written by
Steve Worrell
Steve, Co-founder of The 1905 Club, created the platform to provide honest, clickbait-free Chelsea FC content. He worked at Stamford Bridge from 2013 to 2016 with a Champions League sponsor. His first Chelsea match was a 1-0 win at Leeds in 2000, and his favourite was the epic 2012 Champions League game against Napoli.
