Leicester have lodged an appeal after their challenge against the Premier League’s Profitability and Sustainability Rules (PSR) jurisdiction was dismissed.
The newly-promoted side say they are “disappointed” by the decision of an independent commission after challenging the league on the basis they were relegated to the Championship in 2022/23.
The Midlands club face a possible points deduction after the Premier League charged them with an alleged breach of PSR in March.
At the same time, the EFL placed the club under a transfer embargo, which was subsequently lifted after promotion.
Leicester were also among the clubs that needed to sell players before June 30 to avoid further breaches of PSR rules, which saw Kiernan Dewsbury-Hall sold to Chelsea.
“LCFC notes the publication today of the decision of the Premier League Commission,” a statement on Thursday said.
“The club is disappointed with the decision, which does not appear to reflect the wording of the Premier League’s Rules, and has lodged an appeal.”
