Leicester City's supposed PSR breach and how the club can fix it

Leicester City had been charged with a breach of Profit and Sustainability Rules (PSR) while being in the Premier League. It worsened with recent news. This is how the board can help remedy the situation and get back on track.

Manchester City v Leicester City - Premier League
Manchester City v Leicester City - Premier League / James Gill - Danehouse/GettyImages
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Leicester City v Norwich City - Sky Bet Championship
Leicester City v Norwich City - Sky Bet Championship / Marc Atkins/GettyImages

What Leicester City can do

It is not particularly surprising for action to be taken by officiating bodies, and the reality is that King Power and Aiyawatt Srivaddhanaprabha must now look to rebuild a more sustainable and financially solvent business model. Whether they can remain competitive on sporting terms is another matter with how much work they will have to do.

1. Sell big names, sell big contracts

Leicester have to look at their wage bill and start bringing that down, both in the playing squad and non-playing staff. This includes players such as Jannik Vestergaard, Wilfred Ndidi, even Jamie Vardy and Marc Albrighton. Their contracts make them major financial burdens on a club not making enough money. Luckily, a few will be leaving at the end of their contracts which should help the wage bill come down and alleviate losses. It is also important that the club develop their youth talent and sell for major gains which contribute towards PSR.

2. Sack Rudkin et al and Whelan too!

Jon Rudkin has become a sour addition to the Leicestershire giants. Our director of football has led the club into a pathetic position with a poor recruitment team and poor contract negotiations: we gave too much out while not selling for enough. Meanwhile, our CEO Susan Whelan has watched the Foxes fall down this hole and not acted while earning over £300k a year. It is time for a refresh in the board to energise and innovate. Do not touch Enzo Maresca though, he is the one we need to revolutionise the club's playing style.