Leicester City are facing a charge for allegedly breaching the Premier League's Profit and Sustainability Rules in their final campaign before they were relegated, Sky Sports News can reveal, meaning they could face a points deduction next season.

It is understood Leicester's accounts covering last season - which will be made public later this month - are expected to show they exceeded the £105m losses permitted over the previous three seasons.

It could mean Leicester are formally charged by the Premier League as soon as next week