We are facing two separate charges – one for failing PSR (and our failure is way more significant that Everton's or Forest's), and one for failing to submit our audited accounts. It says it in black and white here from when the charges were announced: https://www.premierleague.com/news/3938339
And in June, John Percy confirmed this was still the case in this article: https://www.telegraph.co.uk/football/2024/06/03/leicester-frustrated-with-enzo-maresca-jumping-ship-chelsea/
Does anyone know if there is any precedent for punishments for clubs failing to submit audited accounts in the Premier League? I suspect that the punishment for both charges combined is where the PL is getting 16 points from.
However, as @ClaphamFox says, this will be what the PL are pressing for, not necessarily what the commission decides. At that stage we also then have an appeal where it could be reduced further.