If Leicester City are found guilty of these accusations, their sanction could include a points deduction, which would deal a massive blow to their promotion push.
The club posted combined losses of over £200 million across the three-year accounting cycle ending in 2024, far beyond the PSR cap of £81 million.
According to Telegraph Sport, a date for the hearing has now been confirmed and is due to begin in the coming weeks.
The outlet adds that, with the possibility of appeals, a final verdict might not arrive until next year.
That means any potential punishment would come later in the campaign, possibly having a decisive impact on Leicester’s bid for top-flight football.
Alternative sanctions could also reportedly be considered instead of a points deduction, such as a transfer embargo or a monetary fine.
Leicester City will be desperate to avoid points deduction:
Given how competitive the early stages of this campaign have been, Leicester City will be hoping they are spared a points-related penalty.
The Foxes enjoyed a seven-point cushion over third place in 2023/24, meaning they still would have likely achieved promotion even with a deduction, but they were by far the Championship’s standout team that year.
Cifuentes’s squad haven’t shown the same authority in the early part of this season and already have ground to make up on leaders Middlesbrough.
Any widening of that gap would be a major setback and could also open the door for Ipswich Town and Southampton to close in further on Leicester.
As such, the Foxes will be praying this case can be settled without a points deduction being enforced.