Leicester announce financial losses of £89.7m amid huge uncertainty at club ...Middle East

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Leicester announce financial losses of £89.7m amid huge uncertainty at club
Leicester have revealed significant financial setbacks, reporting losses of £89.7million for a 13-month period to June 2023. The Foxes were alleged to have failed to submit their audited financial accounts to the Premier League having suffered relegation from the top flight last season. Leicester have announced financial losses of £89.7mGetty The club’s dedication to bolstering its squad has been evident in eight prior seasons of top-tier performance, although it did not yield corresponding on-pitch outcomes. The aftermath of this setback, along with the expenses linked to the Foxes sustained efforts in maintaining a formidable player squad, contributed primarily to a pre-tax def

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