Leicester City need to improve their squad in the January transfer window but their financial situation could make it difficult.
Leicester City named Ruud van Nistelrooy as manager last week, replacing Steve Cooper in the dugout.
The Dutchman kicked off life at the King Power Stadium in emphatic fashion, with Leicester beating West Ham United 3-1 on Tuesday evening.
While the Foxes have climbed away from the relegation zone somewhat after that result, there is still a long way to go and much work to be done if the club are to avoid a swift return to the Championship.
With the January transfer window fast approaching, fans are no doubt keen to see their side strengthen.
Leicester fans called for defensive reinforcements after watching the likes of James Justin and Wout Faes falter versus Brentford.
However, there any unlikely to be too many additions in the Midlands next month.
EMMEN - disappointment to PSV coach Ruud van Nistelrooij during the Dutch premier league match between FC Emmen and PSV at De Oude Meerdijk on Janu...
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Ruud van Nistelrooy handed unwanted Leicester City January transfer prediction
Leicester City News have spoken exclusively to TBR’s Head of Football Content, Business, Finance & Governance, Adam Williams, to get an insight into the club’s financial situation.
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And rather worryingly for fans of the Midlands outfit, Williams predicted we will see more outgoings than incomings at Leicester in January.
He said: “Leicester have been dancing around a PSR breach for years now.
“They only got off on a technicality for the three-year period up to the end of 2022-23. The margins are razor-thin again this season.
“After dodging a breach thanks to the appeal board in September, I don’t think they’ll push their luck in January with many new signings, especially not if Ruud van Nistelrooy is already getting a tune out of them.
“In terms of the BC.Game sponsorship, I believe the company have said they are able to honour their contract.
“If not, however, then I think there would at least be a discussion about whether that would constitute missing circumstances. If so, it might still represent a cash flow issue, but it wouldn’t be an issue in terms of their PSR calculation.
“The only published set of accounts we have which are now relevant to their 2024-25 calculation – i.e., the three-year period up to the 30th June 2025 – are the 2022-23 books, which showed a £90m loss.
“That is basically the same as they lost in the previous season. It will be more challenging this season, however, as Leicester’s allowable loss is £83m because they spent one of the last three seasons in the Championship. Otherwise, it would have been £105m.
“The sale of Kiernan Dewsbury-Hall will have given them some breathing space. As an academy graduate, his sale will have been ‘pure profit’ in PSR terms.
“Sales of non-academy players are offset against their amortised book value, which means the headline figures in the paper aren’t the same as the ones that go towards the PSR calculation.
“By contrast, their headline net spend was about £50m in the summer but, because of the way amortisation works, only £10m will hit their PSR calculation this season.
“But it’s tight, basically. If I had to make a forecast, I would say you’re more likely to see sales outweigh new arrivals in January.”
Leicester City Manager Ruud van Nistelrooy during the Premier League match between Leicester City and West Ham United at King Power Stadium on Dece...
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Which players have Leicester City been linked with before January
A new wide man looks to be of interest to the Foxes following a season-ending injury to Abdul Fatawu.
Leicester sent scouts to watch Omar Marmoush last week when he was in Europa League action.
But a further report dealt the Foxes a Marmoush transfer blow, with the Eintracht Frankfurt star priced at at least £33m and wanted by some big clubs.
Other targets have been assessed as well, with Ruud now likely to have to explore the loan market to strengthen his team.
Mathys Tel is of interest to Leicester and he could be a decent signing as Bayern Munich are looking to loan, rather than sell him.
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