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'It should not come as a surprise'

Wout Faes
Wout Faes

Leicester City’s charge of an alleged breach of profitability and sustainability rules should not come as a surprise.

Warning signs regarding the club's financial situation have been flickering since the summer of 2022, when then-manager Brendan Rodgers complained of a lack of funds to further build a squad that had twice missed out on Champions League qualification.

That summer, Rodgers said he had spent weeks convincing players to sign for the club before being told funds were not available.

The club did spend a portion of the money they received from Wesley Fofana’s £75m move to Chelsea on Wout Faes that summer and then in January on Harry Souttar, Victor Kristiansen and to secure a loan deal for Tete.

There have been a number of problems: players leaving for free after refusing to sign new deals; players not leaving because of the over-inflated deals they have signed and, of course, relegation.

This year in January Leicester City emerged from the transfer window weaker than when they went in. Chelsea recalled Cesare Casadei and Leicester did not move any players out of the door. They also did not get the deal for Stefano Sensi over the line from Inter Milan because of financial issues, with it being left too late in the window to agree a creative solution with the Italian club.

Much to the frustration of manager, Enzo Maresca.

The club now find themselves in a difficult scenario. They have escaped EFL punishment for the moment, but now have the Premier League breathing down their neck.

They have vowed to defend themselves and the statement contains fighting talk. They see themselves as being punished for having ambition and for wanting to compete at the top end of English football. A question does need to be asked about how these current rules shift the power in the Premier League.

However, if found guilty, the Foxes could start next season on minus points.

Then, accountability will need to be taken.