Leicester City post loss of £71.7m from 2024-25 season

The figure takes Leicester’s losses across the past three seasons to more than £180m, during a turbulent spell that has included two relegations and a growing sense of unrest among supporters. Despite revenues rising sharply to £186. 5m, boosted by a doubling of broadcasting income to £117.

4m, Leicester’s wage bill also climbed significantly as they attempted to compete in the top flight. The club brought in just £10m in player sales, a major drop from the previous year, when the departures of Kiernan Dewsbury-Hall and Enzo Maresca helped generate £93m. Chief executive Kevin Davies admitted the reality of Premier League survival comes at a price.

“ Our revenues increased significantly during the year but so too did the costs of trying to compete at that level, ” he said. Leicester have already been deducted six points this season for previous overspending, but the club believes it can avoid further punishment under profit and sustainability rules once permitted “ add-backs ” are applied. Davies insisted improving the club’s finances “ remains a priority ”, as Leicester fight to avoid a second successive relegation.

GFN | Finn Entwistle