Leicester to be Handed with Five Points Deduction – Boost for Spurs & Arsenal

Tottenham Hotspur and Arsenal will be over the moon with the news that Leicester City will have five points deducted in the Premier League.
The title race will then be blown wide open as Spurs will be level on points with the league leaders and Arsenal will be six points behind the Foxes with a game in hand.
The five point deduction is being handed to Leicester taking into consideration the Financial Fair Play Rulings.

This issue has been ongoing for over a year now. Last year, Leicester City reported excessive losses way beyond the limit allowed by FFP (Leicester Mercury).
As per the provided Leicester Mercury link, in such a scenario, the Foxes could have got a transfer ban or a multi million pound fine but after discussions, no action was taken as the club ensured compliance of the rules within a year.
However, failure to comply in the given time-frame means that they will now suffer even a bigger punishment in the form of five point deduction in PL and a fine of £5million because such insanity can only make sense on April Fools’ Day.