Leicester City could be set for a difficult summer amid speculation over their financial situation
The Foxes are under scrutiny for their compliance with the Premier League’s profit and sustainability rules (PSR).
The Championship side has been charged with alleged breaches of PSR for the three-year period ending in the 2022-23 season, the year in which they were relegated to the second tier.
Clubs must avoid losses greater than £105 million over three years, or could face sanction that includes a points penalty deduction.
An independent commission is set to determine whether the Leicestershire outfit is guilty of their alleged breaches, but no date has been given for when proceedings may begin.
Keith Wyness warns Leicester ahead of the summer transfer window
Wyness believes that Leicester may be forced to cash in on star players this summer for below market value in order to raise funds.
He has warned that a failure to gain promotion to the Premier League could make their situation even worse.
“If they don’t go up, they won’t be able to get the money they want,” said Wyness, via Football Insider.
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