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Thursday briefing: EFL plans to close financial 'loophole' after dispute with Leicester City

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7 March 2024 - 4:30 AM

The English Football League (EFL) is planning to change its financial rules to close a loophole that it feels Leicester City have exploited in order to avoid being subjected to a strictly-controlled business plan.

Under the financial rules, Leicester were allowed to lose up to £83 million over the last three years - two of which were in the Premier League, with rules in the top flight allowing £35 million losses per year on average, while the EFL says a maximum of £13 million can be

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