Leicester may lose £7m on poor signing but collect nearly £50m to spend

Nottingham Forest FC v Leicester City FC - Premier League
Nottingham Forest FC v Leicester City FC - Premier League | Michael Regan/GettyImages

Leicester City are said to be set to lose £7 million on a particularly poor signing. Yet the Foxes hierarchy is probably keen to obtain some sort of fee for the footballer whose valuation and performance level are definitely in free fall. This way, a better player could be acquired for the LCFC full back position. Not to mention the East Midlanders recouping a bit of money that was unwisely outlaid. In addition to Leicester prospectively balancing their books better.

Furthermore and very interestingly, almost teasingly, the King Power club have actually accumulated a vast sum of profit and funding after selling excellent goalkeeper Mads Hermansen to West Ham United, midfield ball-winner Wilfred Ndidi to Besiktas and now undervalued winger Kasey McAteer to Ipswich Town. These three sales alone has amassed City reportedly near to £50m. £47m, to be exact, according to correlated reports.

In fact, that figure could rise to £80m or even £90m should the Leicestershire side sell two other squad members. Although we won't have much of a starting lineup left should Bilal El Khannouss and Caleb Okoli leave as well. Do we think Leicester bosses plan on spending any of this loot? Or, alternatively, will it all stay in LCFC coffers? Or will the cash be needed in order to balance the outfit's books and satisfy Profit and Sustainability parameters?

Leicester City could reportedly lose £7 million on poor signing Victor Kristiansen though the Foxes' bosses might collect nearly £50m to spend

If City allow Kristiansen to join one of his very surprising potential suitors, the club wll have rid themselves of some overrated talent and gathered a small fortune. Nottingham Forest are the reported Premier League team to make inexplicable contact for the Dane.

"Nottingham Forest have enquired about the possibility of being able to sign Leicester City star Victor Kristiansen."
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Although, we'll take all we can get for unwanted at the moment! This even means Woyo Coulibaly starting with Ricardo Pereira instead of the unsatisfactory defensive line we currently deploy. Yet LCFC are so befuddled that the profit could simply be kept.