Leicester City have lost their appeal against a six-point deduction in the Championship.
The club were docked points in February for breaching financial rules. It saw the Foxes fall from 17th to 20th.
But they have since dropped even further, fighting relegation with five games left to play.
It came after a recommendation by an Independent Commission, which found the club had breached the EFL’s Profit and Sustainability Rules in the three years ending June 2024
The club said the Appeal Board’s decision is “accepted by the club”.
It added in a statement: “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.”
The Premier League also lodged its own appeal, which was dismissed.
It suggested a further one point deduction for the club’s late submission of its Annual Accounts.
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