Reasons for Leicester’s troubles and concerns starting to emerge
By Akash Roy
For Leicester City fans, it’s nothing new. Brendan Rodgers has been treading on thin ice for many months.
The most recent loss against Brighton & Hove Albion is just another humiliation added to a longer list, but is it enough for earning a sack? To answer that question, let’s brush over our ground reality.
Premier League fans wondered why a prominent side like Leicester remained dormant in the market. The reason for that can be attributed to several fallacies, but none more prevalent than adhering to the financial fair play rules of the EFL.
Leicester City struggles to manage its losses
Per the financial experts at Off The Pitch, the outfit has incurred annual losses of £119.5M, making them stand out as the only club in its division to have made the most losses. Under that same metric, Manchester United has accounted for a deficit of around £117M, followed by Arsenal’s £84M.
The Foxes have only got Alex Smithies as the third-choice keeper and purchased Wout Faes from Stade de Reims on a needs-must basis for around £15m to replace ex-defender Wesley Fofana, who went to Chelsea for £69.5m 35 hours before the close of the window.