You can massage the accounts to show the messages you want others to see. What you can’t do is to continue to do so year after year.

Some of the ways in which clubs have attempted to smokescreen their financial situation have been remarkably innovative but at the end of the accounting period the numbers don’t lie.

My guess is that Leicester have decided to open up their finances and lump all of their skeletons into one admission. This way they take a big points deduction once and can then start a new three year plan.

If the EFL swallow it good luck but times have changed since UEFA switched their tactics