Dewsbury-Hall deal adds to 'growing confidence' of avoiding financial breach
- Published
Leicester City can breathe a little easier now Kiernan Dewsbury-Hall's £30m move to Chelsea has gone through.
The deal for the midfielder was completed over the weekend, meaning the club is expected to be able to include it in their 2023-24 accounts, therefore easing some profit and sustainability concerns.
While it may not make them disappear completely, the £10m compensation for former boss Enzo Maresca's own Chelsea transfer sees them bank £40m which will add to the growing confidence they can avoid a breach.
There is the first charge, handed out by the Premier League in March, for an alleged breach of their previous three seasons in the top flight still to be considered, though.
Leicester's referral to an independent commission frustrated the club, but they remain committed to co-operating in the process - something which benefited Nottingham Forest, who had their penalty reduced by two points last season.
There remains the possibility, albeit receding with every day, the Foxes could start the season with a points deduction.
Since Leicester were relegated in 2023, before the introduction of the top flight's new 'standard directions', the 12-week time frame to resolve cases quickly - something used in Forest's case – has not applied.