Leicester City has successfully won an appeal against a potential points deduction for an alleged breach of Premier League Profit and Sustainability (PSR) rules. According to BBC Sport, an independent panel ruled that the Premier League lacked the jurisdiction to penalize the club.

The Premier League expressed its "surprise and disappointment" at the panel’s decision.

Leicester City stated that their appeal was focused on ensuring that the rules are enforced as they are written. The club was initially charged by the Premier League for violating spending regulations. While Leicester appealed the charge, an independent commission initially ruled that the Premier League could take action.

Leicester then appealed this ruling, arguing that the charge was issued while they were still a part of the English Football League (EFL). The final outcome of this appeal was announced on Tuesday.

Under PSR rules, clubs are prohibited from losing more than £105 million over a three-season period. The charges against Leicester pertained to the three-year period ending with the 2022-23 season. However, the club was relegated to the Championship at the end of that season and only filed its accounts after it was no longer a Premier League member.

In contrast, Nottingham Forest and Everton both received point deductions last season after being found in violation of PSR rules.