"Premier League Charges Leicester City for Alleged Financial Breaches"

Leicester City has been referred to an independent commission by the Premier League for an alleged breach of profit and sustainability rules (PSR) during the 2022-23 season, which saw them relegated from the Premier League. The club has expressed disappointment with the decision and is prepared to defend itself. This comes as the third PSR breach charge this season, with Everton and Nottingham Forest also facing similar allegations. Leicester's financial situation and compliance with PSR rules are under scrutiny, with potential implications for their future in the Championship.