Leicester City have successfully appealed a Premier League charge for allegedly breaching Profit and Sustainability Rules (PSR), thereby avoiding a points deduction. The appeal board ruled that the Premier League did not have jurisdiction since Leicester were no longer a top-flight club when the accounting period ended on June 30, 2023. This decision highlights a loophole in the PSR rules, which the Premier League may need to revise to ensure consistent enforcement. The Premier League expressed surprise and disappointment at the ruling, emphasizing the need for effective rule enforcement to maintain fairness. Leicester City welcomed the decision, reiterating their stance that any action against them should comply with applicable rules. This ruling is expected to significantly bolster Leicester's efforts to remain in the Premier League this season.