“There is however no penalty for deducting points or fines.
“It means the case is definitely closed.
“In March, a complaint against Blues for alleged violation of elements of a business plan was dismissed by an independent disciplinary committee.
“The EFL has appealed the verdict and the appeal was heard yesterday.
“The arbitration panel ruled in favor of the EFL.
“The business plan was implemented last season after Blues recognized a violation of profitability and sustainability rules, for which we were moored to nine points in March 2019.”
The declaration is the latest chapter in a long-running saga between the organizing body and the Blues.
BBC WM revealed earlier that the league had successfully appealed the verdict of not guilty in March, with an independent commission rejecting the EFL’s claim that the Blues had not followed a business plan.
The point raised by the EFL was that the plan was centered on the January 2019 transfer window and their insistence that the Blues had to raise funds within this period.
This verdict has been appealed by the EFL and this specific hearing has now taken place – the EFL having won the decision.
Last season, the team was hit with a massive nine point deduction for exceeding an authorized loss limit, but it will not be this season.
The blue will not be sanctioned and no points will be taken from Pep Clotet’s side.