LEICESTER CITY TRANSFER BAN HAS BEEN LIFTED

in blurtsport •  last month 

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The Premier League has eased Leicester's transfer embargo. This is true even though the club sued them for allegedly violating FFP regulations. As the Foxes finalize arrangements to replace manager Enzo Maresca, who left for Chelsea, this is a huge boost. Carlos Corberan and Graham Potter are the front-runners to replace him. For accounting purposes, the £10 million that Chelsea compensated will be recorded as pure profit.

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This means that in terms of FFP calculations, it will be the same as selling a player for £50 million. Leicester is now certain that they won't have to sell any players at auction in order to avoid paying an FFP fee. During the club's last three Premier League seasons, there have been allegations of financial rule violations. However, in March, the champions of the Championship filed a lawsuit against the elite league.

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