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Today the club published their numbers for the 2024-25 season. Leicester City posted a pre-tax loss of £71.1m during their single season back in the Premier League.
Since the early years of Brendan Rodgers, we have warned everyone about this football club. It had been losing grip on financially healthy business planning. They turned their head away from the real world. They were trying to support the former warehouse worker, who just demanded millions to buy third alternatives.
Brendan Rodgers possibly had a point. He believed that bringing Champions League football to this club consistently needed a stronger structure. However, The Big Head did not understand how to keep a club like Leicester steady in the Premier League. He thought it was necessary to have 30 players on heavy wages.
If you buy a player for £25million or more in football, make sure you have a plan for him. Without a plan, you will get in trouble. You might not use him, but you still expect him to perform whenever called into action. This is the case even if he plays just minutes now and then. The other part is that a player purchased should be one fitting the pattern of play, not the total opposite.
Some signings done under Brendan Rodgers are massive flops. These signings involve wages and contracts that should never have been given. The amount of transfers done in and out over the last 10 years indicate the risk taken. If a player does not perform, your investment will fade.
Our financial statements for the year ended 30 June 2025 have been published today.
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— Leicester City (@LCFC) March 27, 2026
This is the key for the future. If Leicester decides to ignore these facts, they could soon be out of business. They fixed cost are so stupidly build up giving them no income from these areas. A new training ground employs many people. This work does not drive revenue. In the end, you will have to spend massive amounts on things a football club should keep to a minimum.
This will reduce the money you can use on new players and transfers. In reality, Leicester should focus on developing their own talent in the future. They should utilize this special and very expensive environment for talent development. If not they will continue to dig their own grave.
Khun Top has made a huge investment in Seagrave. He believes this will nurture more talent than ever before. There are a lot of talented players at the club at the moment. However, the Seagrave generation is not yet ready to build the backbone of a first team at this football club.
Jeremy Monga, Louis Page and Lorenz Hutchinson are three young players with a special future. However, younger players at this football club do not really see Seagrave as their final destination. Trey Nyoni lef the club at the age of 16 to continue his progress at Liverpool. Leicester fans never got to see him perform in the first team. A bigger and better club snatched him away far too early.
We have been supportive towards Khun Top and still believe he can get the club back on track. However, there is currently more disarray. The current manager Gary Rowett, shows no willingness to try and test the younger players. Instead, he is playing players who are more or less finished at this football club. You start to wonder if it could be a year or two too early for the new generation of talent.
Ben Nelson, Sammy Braybrooke, and Will Alves were all talked up as potential Premier League players. However, to date, they have never shown that in any form or capacity. Nelson struggles to get things correctly at the bottom level of The Championship. Alves and Braybrooke are on loan at lower league clubs, Huddersfield and Chesterfield.
We believe the owners will struggle heavilly to get this football club back on track. Without cutting massive cost, they will never get the revenue needed to get this club in balance. Premier League is one answer, the other one is player sales. The third is to cut cost. Running Seagrave at Championship or League One level looks like a heavy burden. This will affect the chance to bring in players from outside. Therefore, the academy is the only answer to develop players going forward. If that becomes the only recruitment arena you will have wake up today.
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