The Premier League has moved to tighten its financial rules amid an ongoing arbitration dispute with Leicester City. The wording around its profitability and sustainability rules (PSR) has been amended and appears to directly relate to the arbitration case centring around Leicester’s losses during the three-year accounting period ending in 2022-23 and whether it fell under EFL or Premier League jurisdiction.

Leicester City handed the Premier League a very public embarrassment when they avoided breaching the competition’s profit and sustainability rules (PSR) by holding the league to the exact wording of its regulatory framework.