Breaking: Leicester City – This is the statement issued after the appeal against the points deduction was rejected.

Leicester City’s bid to overturn their six-point deduction has been unsuccessful, leaving the club’s precarious position in the Championship unchanged.

The sanction, imposed in February after breaches of financial regulations were confirmed, proved immediately damaging. At the time, it dragged the Foxes from 17th down to 20th in the table.

Their form since has offered little encouragement, with just one victory recorded, and they now find themselves inside the relegation zone with only five matches remaining.

The punishment stemmed from a Profit & Sustainability breach covering the three-year period up to the 2023-24 campaign.

Leicester lodged an appeal in the hope of reducing or removing the penalty, but that effort has now failed, with the original decision upheld.

The club confirmed the outcome in a statement on their official website, which read: “We acknowledge that an independent Commission’s decision to recommend a six-point deduction on the Club this season has been upheld by an independent Appeal Board.

“The decision relates to our profit and sustainability position for the three-year period to June 2024 and is accepted by the Club.

“With the matter now at an end and five games of the season remaining, everyone at the Club is fully focused on the matches in front of us and on shaping the outcome of our season through our results on the pitch.

“We know this has been a challenging period, and we thank our supporters for the backing they continue to give the team. The responsibility now is to ensure these remaining games are approached with the focus and intent our current situation demands.”