Leicester Pay Football League £3.1m Over Financial Fair Play Dispute
Leicester City have agreed to pay the Football League £3.1m to settle the league’s long-running claim that the club breached financial fair play rules when they made a £21m loss in their 2013-14 season. Leicester won promotion from the Championship that season after their owner, Vichai Srivaddhanaprabha, who owns Thailand’s duty-free company King Power, had invested more than £100m since his 2010 takeover, and subsequently they won their unlikely Premier League title in 2016.