Leicester say they will continue to invest as club post £20 million loss

Squad investments resulting in higher wages and amortisation expenses were the main drivers behind the club's loss, Leicester's just-released financial statements for last year reveal.

The club were reliant on a significant profit on player sales to offset increasing operating expenses.

Leicester have invested £47.2 million in their training ground and stadium since the end of the financial year.

Commercial income rose - a positive sign that the club are expanding internationally.