Relegated Leicester could face sanctions over financial situation

A TEAM likely to be one of Stoke City's toughest rivals in the Championship next season are facing a potential points deduction for alleged breaches of profit and sustainability rules.

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Leicester City have just been relegated to the second tier for the second time in three seasons, but their hopes of achieving a rapid return to the top-flight could be hit by the outcome of an independent probe into their finances for 2023/24.

After successfully dodging a potential punishment for alleged spending breaches covering their 2022/23 campaign, Leicester are now facing another covering the following season.

A commission is investigating an alleged breach of the Premier League financial loss threshold, the club's supposed failure to submit accounts by December 31, 2024, and claims it did not provide full, complete and prompt assistance over the issue.