To me this is officialdom gone mad.
Before some **** says "Rules are rules", I get that. But no one can really say that Leicester have tried to abuse something here. FIFA could apply common sense and 'pretend' that the documents were there in time. 14 seconds. It's shit like this which astounds me - but actually with a corrupt organisation like FIFA, no it doesn't.
If this was us trying to squeeze something through in the last few minutes due to other things collapsing/happening, we'd be well f*cked off.
I dunno. It's the thin end of the wedge. If you let this go then the next team will be a minute late and cite this case. You let that go and the next team is 10 minutes late and does the same, and so on.
Also from the BBC:
"The club own Silva but points of the deal were not completed adequately meaning they are required to pay his wages until they can attempt to register him again in January."
Ouch!