Leicester City’s £71m loss in their latest financial accounts has been the big talking point of the past few days, looking at how it might impact the club when it comes to Profit and Sustainability Rules (PSR), but also their future as a whole.

Here, we tackle some of the big questions on fans’ lips.

Q: What’s the PSR state of play following City’s financial results?

The club say they have filed a compliant PSR assessment to go along with their financial results, and the authorities should already have looked over them too, as the accounts would have been filed in December last year, with any charges usually announced in January.

However, City’s previous case showed that the leagues may not announce charges until a previous case has concluded.

That happened last May, when the appeal over the 22-23 season was finally wrapped up, but with a fresh charge for the 23-24 campaign announced immediately afterwards.

City are currently in an appeal process over the 23-24 case, with both...