"EPL wins for the first time in 132 years → faces relegation from the third division." Miracle icons happen to be... Punishment of '184 Billion Loss' Impact Points Reduction

*This content was translated by AI.

The prestigious club, which achieved a fairytale victory in the English Premier League (EPL) in 132 years after its foundation, has already fallen into a disastrous situation where they have to worry about relegation to the third division. Leicester City have faced the worst crisis in the club's history, with a severe penalty of points cut due to a breach of financial regulations.

British media 'BBC' reported on the 6th (Korea Standard Time) that "the English Football League (EFL) has imposed a six-point cut on Leicester City for violating fiscal rules."

The disciplinary action was taken immediately. Leicester, who was 17th in the English Championship (part two), quickly plunged to 20th. Currently, Leicester is tied with the relegation zone and is barely out of the relegation zone due to only goal difference.

The move came as Leicester breached revenue and sustainability rules (PSR) during the three-year cycle from 2023 to 2024 season. According to the BBC, the Premier League initially indicted Leicester in May, but the case was transferred to the EFL and dealt with as the team was relegated to the second division.

According to the investigation, Leicester exceeded the loss limit of 83 million pounds (about 162.5 billion won) stipulated by the EFL by 20.8 million pounds (about 41 billion won). Leicester lost 89.7 million pounds (about 178.6 billion won) in the 2022-2023 season, followed by a record loss of 92.5 million pounds (about 184 billion won) by May 2022. The committee considered a maximum of 12 points cut, but made the final decision on a six-point cut in light of Leicester's improving financial condition.

Leicester immediately protested. "We are very disappointed with this decision," the club said in an official statement. The level of disciplinary action is unfair," he criticized.

Leicester then said, "The committee has drastically reduced the unprecedented level of sanctions originally demanded by the Premier League. However, considering the club's potential this season, the mitigation factors were not properly reflected, he claimed.

In addition, the club said, "We are fully reviewing this decision. We will consider all legal countermeasures," he added.

Leicester's situation is the worst on and off the pitch. Since the dismissal of Marty Cifuentes last month, he has still not appointed an official coach. There has been no win in the last four league games with one draw and three losses. The BBC added: "Leicester will have to play away to Birmingham City this Saturday under the current interim manager Andy King.

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*This content was translated by AI.