Leicester City announce £89.7m loss after Premier League charge
Leicester City have reported a loss of eighty nine point seven million pounds for the 2022-2023 season, taking total losses for their last three Premier League campaigns to over two hundred and fifteen million pounds.
The Foxes were charged last month for allegedly breaching profit and sustainability rules relating to the figures they have now released.
Top-flight rules permit clubs to lose one hundred and five million pounds over a rolling three-year period.
It comes despite the Foxes, who were relegated at the end of last season, making a seventy four point eight million pounds profit in player sales.
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