English Premier League
Leicester City hit with transfer embargo: Iheanacho and Ndidi’s club responds
Published
10 months agoon
By Monsurah Olatunji
Leicester City, the club of Nigerian stars Kelechi Iheanacho and Wilfried Ndidi, has been slapped with a transfer embargo due to alleged breaches of profit and sustainability rules.
The sanctions come amidst charges from the Premier League over spending rule violations during previous seasons in the top flight.
In addition to facing charges from the Premier League, the club has been placed under an embargo by the English Football League (EFL).
This embargo prohibits Leicester City from strengthening their team or increasing playing staff costs until they have addressed existing financial obligations or rectified breaches of EFL regulations.
In response to the sanctions, Leicester City has initiated urgent legal proceedings against both the Premier League and the EFL.
A club representative emphasized their commitment to ensuring that any charges are properly determined in accordance with applicable rules and procedures.
The situation raises questions about the club’s financial management and underscores the challenges faced by football clubs in maintaining compliance with financial regulations while remaining competitive on the pitch.
As legal proceedings unfold, Leicester City will navigate the implications of the embargo as they seek resolution to the charges against them.