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Relegation run in 22/23 ** Now a Wolves free zone**

I know we and other clubs borrow money against future TV earnings, but apparently Leicester borrowed against TV money up to the 25/26 season. That's not good if they go down.

Not sure why they needed to do that as they aren't exactly skint, even if they couldn't spend huge amounts due to FFP.
 
The Bear said:
I know we and other clubs borrow money against future TV earnings, but apparently Leicester borrowed against TV money up to the 25/26 season. That's not good if they go down.

Not sure why they needed to do that as they aren't exactly skint, even if they couldn't spend huge amounts due to FFP.
Click to expand...
It's not FFP, they lost nearly 100m in their last set of accounts
 
Didn't we lose a decent amount too, due to Covid?

(edit - Yes £46m loss for the 21/22 season)

I thought they'd spent too heavily in the transfer market for their previous 3 year cycle.
 
We did, but that was due to an imbalance of TV payments due to the way the season finished, it caught back up the following season.

Their loss is 12 months to May 22, so after any of that
 
Just had a look and it was a £94m loss for them in the same period, due to Covid and not selling any major players right before that period.

Fofana going for £75m will go onto their next set of published accounts which will help.
 
The Bear said:
Didn't we lose a decent amount too, due to Covid?

(edit - Yes £46m loss for the 21/22 season)

I thought they'd spent too heavily in the transfer market for their previous 3 year cycle.
Click to expand...
Our 2021/2 loss came after making a profit the prior year. It was 2019/20 where we took the Covid hit
 
Yeah but they don’t have the £75m. The accounts say they do but the bank balance doesn’t.

Edit - to bear regarding Leicester
 
PuntsWolf said:
Yeah but they don’t have the £75m. The accounts say they do but the bank balance doesn’t.

Edit - to bear regarding Leicester
Click to expand...
FFP has become like the salary cap in the NFL, fans now assume that's the money teams have to spend without actually taking into account the fact you need the cash.
 
Our 2020-22 recruitment was shoddy but in the last couple of years Leicester have spent around £120m on:

Daka
Soumaré
Vestergaard
Bertrand
Souttar
Faes
Tete
Kristiansen

That is not good. Faes has been one of the worst players in the league all season, unreal how he keeps playing.
 
Plus £100m plus on Seagrove training ground. That’s a lot of dosh for a training facility, and they can’t sell the old one to get some back as it has a sporting covenant on it.
 
Paddingtonwolf said:
Plus £100m plus on Seagrove training ground. That’s a lot of dosh for a training facility, and they can’t sell the old one to get some back as it has a sporting covenant on it.
Click to expand...
Lovely training ground, though.
 
Sorry - I was quoting a post from Foxes Talk there. Suffice to say opinion on the training ground is somewhat divided there 🤣
 
Gordon Strachan can get in the bin “the PL would be a worse place without Leeds”
Fuck off with your self entitled load of rubbish.
Whilst we’re at it the top flight of English football has done just fine without Leeds in for more than 50% of its history.
 
Haha -l like the Premier League with Leeds better. They’re a good team to hate. Noisy fans, travel in big numbers. Rather them than Fulham, Bournemouth, Brentford
 
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