Championship in outrage after the full magnitude of Leicester accounts revealed - Flashfootballnews
Home » Championship in outrage after the full magnitude of Leicester accounts revealed

Championship in outrage after the full magnitude of Leicester accounts revealed

Championship in uproar as full size of LCFC accounts revealed.

Championship clubs, especially Leeds United, have expressed outrage after the actual nature of Leicester City’s financial mess was revealed on Tuesday.

Foxes Chief Executive Susan Whelan presented the news at a press release, showing a pre-tax loss of £89.7 million, following a record £92.5 million loss the previous season.

Susan Whelan

Investigations revealed that the East Midlands club had the biggest wage expenditure outside of the Premier League’s top six last season, and none of its players had relegation provisions in their contracts.

Leicester City‘s salary cost this season is £60,190,000, which is much higher than Southampton (£40,014,000) and Leeds (£39,513,000), and ten times higher than Rotherham United and Plymouth Argyle!

It also gave Leicester City more negotiation power when it came to the departures of James Maddison (£46.3 million) and Harvey Barnes (£44 million), despite the fact that they had only one and two years left on their contracts, respectively.

Daniel AND gRUEV_

Gruev on the mend

Leeds-live reported this morning that Ilia Gruev has returned to training ahead of the Whites‘ trip to Coventry City at weekends.

The 23-year-old midfielder missed games against Watford and Hull City after hurting his ankle while on international duty for Bulgaria. The news follows Manchester Evening News writer Conor McGilligan‘s revelation yesterday (via his One Leeds Fan YouTube channel) that Gruev is expected to be cleared to play on Saturday afternoon.

leeds wales players

Daniel Farke should explain everything during his pre-match press conference later today, including Glen Kamara (illness) and Joe Rodon (back spasms), who were helped through the Hull City match with painkillers.

James to re-establish mojo following wonder strike

Dan James‘ daring strike against Hull on Easter Monday could provide him with the impetus he needs to rekindle his form.

Leeds players

Since returning from international duty with Wales, the 26-year-old has not been in the form we have come to expect. Rob Page’s Dragons lost a penalty shootout (against Poland) and the opportunity to compete in the Euros this summer after James failed to convert from 12 yards.

Scoring is one thing; scoring from the halfway line while being pursued by half a dozen crazy Hull players is another. Anyone who has watched the Crossbar Challenge will understand how difficult it is to hit the target from so far out from a stationary posture!

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fabrizio Romano predicts that Leeds United will soon recruit Tottenham’s Djed Spence.

Leeds will have to pay a £7 million price to recruit a ‘special’ player in January, according to reports, and Gary McAllister is a big fan.

Leeds United are in “extensive negotiations” with club for a player worth £11 million