Leicester City say they are seeking "an appropriate overall outcome" into an ongoing English Football League inquiry into a possible breach of profitability and sustainability (P&S) rules.
The EFL has published a decision which found its own Club Financial Reporting Unit (CFRU) had acted outside its powers in dealings with the Foxes.
The club was forecast to breach loss limits for the current three-year term.
Leicester said they were "pleased" the reporting panel found in their favour.
But they were "concerned" that it was necessary for the EFL's Club Financial Reporting Panel (CFRP) to "intervene in this way to prevent the CFRU from acting outside established EFL rules".