The club were charged by the Premier League with breaking PSR limits for the 2021-24 accounting period last month, with The i Paper revealing last week that their breach of more than £17m has left them facing a deduction of at least 12 points in the Championship next season.
In almost seven weeks since Leicester’s relegation was confirmed, however, the Dutchman has not received any indication from the club regarding his future, disclosing after their final game of the season against Bournemouth on 25 May that “no talks” had taken place.
Van Nistelrooy has overseen just five victories as Leicester boss (Photo: Reuters)The 48-year-old has two years left on the contract he signed last October to replace Steve Cooper at the King Power Stadium, leading to concerns at the club that paying him compensation could create PSR issues for the next cycle, 2022 to 2025.
The alternative is for the club to raise cash and give themselves PSR headroom through player sales before the end of the month, with goalkeeper Mads Hermansen, midfield player Bilal El Khannouss and defender Wout Faes their most sellable assets.
square FOOTBALL Leicester City have a big problem: change is expensive
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Leicester’s hesitation over Van Nistelrooy has already cost them one possible candidate to replace him, with Russell Martin appointed head coach of Rangers on a three-year deal on Thursday.
Everton and Forest were deducted six and four points respectively by an independent commission last season, but the EFL’s sanctioning guidelines are more severe than the Premier League’s informal tariff, which starts at three points for a breach.
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