Foxes of Leicester
Fansided

Explaining Leicester City’s true Financial Fair Play situation

By Elliot Mackness

The official Leicester City club badge on King Power Stadium (Photo by Joe Prior/Visionhaus via Getty Images)
The official Leicester City club badge on King Power Stadium (Photo by Joe Prior/Visionhaus via Getty Images) /
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Leicester City’s chairman Aiyawatt Srivaddhanaprabha, aka Khun Top (Photo by NICK POTTS/POOL/AFP via Getty Images) /

How has this impacted Leicester City?

The Foxes are treading a fine line on FFP. With highly paid players and one of the highest paid head coaches, the East Midlands side need to acquire good revenue to comply with spending regulations.

Think of the bench talent such as Ayoze Perez and Jannik Vestergaard. According to SalarySport, the pair are on around £80,000 and £75,000 per week respectively. £150,000 wasted on the bench and that is before considering the wages of the highest earners at the club.

In fact, UEFA only found Leicester ‘technically’ able to meet their break even requirements thanks to the application of emergency COVID-19 measures. Otherwise, the Foxes do not meet FFP requirements, and they will not be able to use this in the next FFP report.

Sustainability is extremely important. We have seen too many teams fall into financial ruin and fall outside the official football league due to a splurge of spending at one point, failures on the pitch, and losing out on revenue with excessive costs. The King Power club must be run well. Unfortunately, as reported by LeicestershireLive, the Foxes cannot spend anywhere near the same levels as some of the juggernauts in the Premier League.