The Football League are in talks with Leicester City regarding Financial Fair Play rules , after their accounts revealed a £20.8million loss that exceeds the £8million allowed by clubs outside the Premier League . Leicester published their 2013-14 accounts on Tuesday , with the Football League reacting Wednesday by saying talks with the club who are now at the foot of the Premier League table are 'ongoing ' , according to the BBC . Leicester believe that £13million of the loss was 'allowable ' because much of it relates to the club 's promotion from the Championship to the Premier League . Leicetser City boss Nigel Pearson watches on as his side prepare to play Manchester City on Wednesday . Andy King ( left ) tries to keep hold of the ball under pressure from Danny Drinkwater and Esteban Cambiasso . Marcin Wasilewski ( left ) and Jeff Schlupp jokingly grapple in Leicester 's training session before City . The club could be fined if it is adjudged to have broken the rules . The Foxes are currently rooted to the bottom of the Premier League on 18 points . They are seven points adrift of safety and they travel to the Etihad Stadium on Wednesday to take on Manchester City .
Leicester City 's losses exceed their League parameters of £ 8million . The club has attributed most of the £ ##500 to costs of promotion . bury , who are bottom of the premier League , can be fined if guilty . bury HERE for all the latest football City news .