Leicester record pre-tax loss of £20.2m for the most recent financial year… but the figures do NOT include record £80m they received from Manchester United for Harry Maguire
- Foxes’ results apply to year ending May 31, 2019 and have recorded pre-tax loss
- Figures include £8.8m compensation paid to prise Brendan Rodgers from Celtic
- The Premier League club have also invested significantly in new training ground
Leicester have recorded a pre-tax loss of £20.2million for the most recent financial year – figures that do not include the record £80m they received from Manchester United for Harry Maguire.
The Foxes’ results apply to the year ending May 31, 2019, and include the £8.8million compensation paid to prise Brendan Rodgers and his coaching staff from Celtic last February.
The club have also invested significantly in a new training ground, which they hope to occupy this season and which is expected to cost close to £100m. Chairman Aiyawatt Srivaddhanaprabha has also given the green light to the expansion of the King Power Stadium.
Leicester have recorded a pre-tax loss of £20.2million for the most recent financial year
Figures do not include record £80m they received from Manchester United for Harry Maguire
Chief executive Susan Whelan said: ‘We remain a club of fierce ambition: striving to progress every season; giving ourselves every opportunity to compete more consistently at the elite level of the game.’
Despite a poor start to 2020, Rodgers’ team remain on course to qualify for the Champions League. They are third in the table, with an eight-point cushion to fifth-placed Manchester United, with 10 Premier League matches remaining.
Meanwhile, Wednesday’s FA Cup fifth-round tie against Birmingham will be shown live on Facebook Watch, the tech giant’s TV app.
The Foxes’ results apply to the year ending May 31, 2019, and include the £8.8million compensation paid to prise Brendan Rodgers and his coaching staff from Celtic last February
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