Leicester City's dire financial situation dictates almost every aspect of footballing life, casting a long shadow over the LE2 club's once-glittering legacy. Lesser skilled players were signed to exorbitant contracts; staff are not always paid timely; severe points deductions and fines have transpired; and the humiliation of a double relegation finally, predictably transpired.
​Jon Rudkin and Aiyawatt Srivaddhanaprabha have done a real number on the East Midlands team through a toxic cocktail of strategic incompetence and paralyzing inertia. Not to mention lazy negligence.
It is extremely easy to see why so much of the long-suffering Blue Army desire the chairman and his chief football officer to depart King Power Stadium immediately. The situation these two 'leaders' of LCFC have placed the organisation in is almost unforgivable to those who remember the dizzying heights of 2016.
A Leicester City predicament
Aside from becoming a literally sporting laughing stock, which is hard to handle (with rivals moving from mockery to a form of condescending pity), City are in a precarious as well as troubling position where even basic commercial agreements are up for renegotiation. Two serious and significant examples have already arisen.
​For example, AS Monaco held a contractual option to purchase disappointing defender Wout Faes, yet they now seek to slash the Belgium International's agreed fee. Unsurprisingly, the French side are emboldened to lower the cost by Leicester's desperation; proving that external outfits will push their luck and act with profound insolence toward the formerly respected, if not revered, Leicestershire collective.
"Leicester City are expected to offload Wout Faes this summer, and a return to Monaco could follow. L'Equipe reports that Monaco want to renegotiate its option and are unlikely to pay the €7.5m fee."OffsAIde via LCFC Live
​Opponents circling for the signature of Abdul Fatawu (reportedly Everton, Aston Villa, Sunderland et al.) are expected to adopt similar tactics, effectively then holding Leicester's feet to the fire in every negotiation. As the reality of League One football beckons, the Foxes find themselves stripped of leverage: vulnerable to the opportunistic whims of any club that perceives their systemic weakness.
"Sources have confirmed they [LCFC] are aware there is now a lower ceiling they can get for him [Fatawu] due to their relegation to the third tier, and he, understandably, is ready to move this summer."TEAMTALK
