The EFL plans to close a loophole in its financial rules after it accused Leicester of exploiting them. Leicester are allowed to have financial losses of up to £83million for the last three years, under current rules. The EFL accused Leicester of exploiting a loopholeGetty This includes two previous years in the Premier League, where £35m-per-year losses are allowed, and then a maximum of £13m is allowed in the Championship. Under accounts submitted on March 1, it was projected that the Foxes would break this £83m figure. Leicester did not breach any rules and could still have averted before the end of June – before their accounts are filed. The EFL wanted Leicester to subm
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