Leicester City could face a points deduction in the Championship after the Premier League charged the club over alleged financial breaches in the 2023-24 campaign.

An independent commission will now hear the case to conclude whether the Foxes broke profitability and sustainability rules (PSR) during their time in the Championship last season.

Back in the second tier once more, after suffering relegation from the Premier League, following the sacking of Steve Cooper and Ruud Van Nistelrooy’s failure to spark a revival, an early setback could arrive in the shape of a points deduction.

It means the midlands club are now involved in another legal battle with the Premier League, having earlier this season won an appeal that prevented the League from charging them for breaching PSR rules in 2022-23.

The Foxes claimed the Premier League did not have jurisdiction to charge them because they were competing in the Championship at the time.

The Premier League contested Leicester’s successful appeal but a tribunal ruled in the club’s favour, saying the League’s challenge fell below the threshold set by the organising body itself.

The Premier League has since changed its rulebook to close the loophole and prevent similar cases in the future, while also allowing it to open new proceedings following alleged breaches for the 2023-24 season – when Leicester were in the Championship.

The club are also accused of failing to provide their annual accounts to the Premier League by December 31, 2024 and not offering “full, complete and prompt assistance” to the Premier League in response to the League’s enquiries.

A Leicester statement read: “Consistent with its previous commitments, the club intends to engage cooperatively in this matter now that the Premier League’s jurisdiction has been established for the period ending FY24.

“However, we will not be able to comment further on these proceedings until they are concluded, due to their confidential nature.”