Thursday briefing: Leicester City post record £92.5 million loss for 2021/22
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Leicester City have reported a record loss of £92.5 million for the 2021/22 financial year, following deficits of £31.2 million in 2020/21, £67.3 million in 2019/20, and £20 million in 2018/19.
The club put the result down to its activity in the transfer market, stating that it “retained its primary playing assets while making further significant investments in player acquisitions and salaries.”
The club spent an estimated £50 million on new players, and als
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