Leicester City Report £71.1m Loss as Financial Pressure Mounts

Leicester City recorded a pre-tax loss of £71.1m during the 2024–25 season, their only campaign back in the Premier League following promotion.

The figure takes the club’s total losses over a three-year period, during which they moved between the Premier League and Championship, to more than £180m.

Despite exceeding the £83m threshold set under Profit and Sustainability Rules (PSR), the club is understood to be confident of avoiding any breaches once permitted deductions for like likes of infrastructure investments, women’s football and youth development are applied.

However, the scale of the losses is likely to attract further scrutiny, particularly as Leicester have already been handed a six-point deduction this season for previous financial breaches.

The club’s recent financial struggles, combined with two relegations in three seasons, have seen them return to the Championship, where they are now battling to avoid a further drop into League One.

This period has also led to growing unrest among supporters, with concerns over both on-field performance and financial management.

Chief executive Kevin Davies acknowledged the challenges, stating: “improving" the club's financial position "remains a priority and will continue to shape the decisions we take as a club".

He added: “We know supporters want to see Leicester City run responsibly, with the right balance between giving us the best chance of success on the pitch and building greater financial stability for the future.

"These financial statements show there is still more work to do and we are clear about that.”