Leicester City have been found to be in breach of Profit and Sustainability Rules (PSR) for their 23-24 finances and have been deducted six points by the EFL, pushing them deeper into the Championship relegation battle.

Here's everything you need to know about the verdict;

What's the background?

In May 2025, City were charged with an alleged breach of PSR for the three years up to the end of 23-24 season, in which they won the Championship.

In November, the hearing was held and on Thursday, the verdict of the independent commission was announced.

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What was the commission's decision?

It is deemed that City were in breach of PSR. They recommended a six-point deduction - which has been exacted immediately by the EFL.

How much did City breach the loss limit by?

An assessment of City's finances for the three-year period ending in June 2024 deemed they had exceeded the loss...