Leicester City and EFL agree FFP settlement over 2013-14 breach

21 February 2018 03:49
Leicester's FFP breach related to the 2013-14 season. Leicester City have agreed to pay a £3.1 million settlement to the English Football League (EFL) after they were found to have breached financial fair play (FFP) rules in 2013-14. The Foxes exceeded the permitted £8m loss in their Championship-winning campaign but said they would legally challenge the charge after claiming £13m of their £20.8m deficit was "allowable.'' In announcing the settlement, the EFL acknowledged that the club had not made a deliberate attempt to infringe. . read full article

Source: ESPN