Cash flow analysis: Leicester City's operating loss decreases cash balance second year in a row

Despite a reduction of 148 per cent in cash flows from operating activities, Leicester City splashed out with their highest player spending to date - a total of £119 million and cash outflows of £90 million within the fiscal year.

Although key player Riyad Mahrez left in favour of Manchester City, the club needed to raise capital following a substantial outflow of £61.5 million, mainly stemming from player additions, causing the owners to inject just short of £60 million

The club won't reap the rewards of 2019/20 until 2021, projecting yet another year of financing concerns.