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Continued investment in the club’s playing equipment and infrastructure despite Covid-19 has seen Leicester City record a huge loss for the 2019-20 season, accounts released Friday show.
The impact of the pandemic is being felt by clubs across the country and is also evident at City, with a significant pre-tax loss of £ 67 million recorded last season, compared to a loss of £ 20 million. past year.
City’s commitment to improving the side of the game as it pushes the Premier League forward, as well as its effort to build a state-of-the-art training base at Seagrave and expand King Power Stadium shows in the accounts, as does the impact of the pandemic.
Now that the training ground has been built and opened, the next project is the expansion of the King Power Stadium, with an increase in attendance to the under 40,000, the club’s goal.
The city has now confirmed the acquisition of a land by the ground on which the works will take place, while since the summer an additional 1.8 million pounds has been spent on design and feasibility.
Get a full account summary here.
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Ricardo will miss the Cup match
Leicester City will not be able to count on Ricardo Pereira in the FA Cup quarter-finals against Manchester United, and the full-back will not be able to recover from a hamstring strain in time for Sunday’s clash at King Power Stadium. .
Ricardo was substituted at halftime in last weekend’s win over Sheffield United after complaining of a hamstring strain, and during his press conference on Friday, City manager Brendan Rodgers confirmed that he did not. he would be in a position to face the Red Devils.
James Maddison is also not available for the national team, but has returned to training and Rodgers believes he will be in the fight after the international break.
Cengiz Under’s thigh problem will also keep him out of this weekend’s game, but Dennis Praet is in a position to rejoin the team for the first time since his hamstring injury suffered in the third round in Stoke the first weekend in January.
Rodgers said: “(Ricardo) will not be available this weekend, but we are pretty sure that after the international break he will be fine. It’s just a slight tension, but thankfully nothing too serious. “
Get the full injury update here.
Tielemans’ happiness at City increases for contract negotiations
Youri Tielemans is “having a lot of fun” at Leicester City and the club hopes that will lead to the midfielder signing a new contract.
The Belgian has been one of City’s star players this season, playing an increasingly influential role as his teammates have been sidelined with injuries.
Manager Brendan Rodgers has expressed his wish that the 23-year-old put pen to paper to extend his contract beyond its current expiration date in 2023.
Tielemans said last month that he felt City could match his trophy-winning ambitions, and ahead of next week’s international break, he told Belgian media that he is still very much enjoying his time at King Power Stadium.
“When I got to Leicester, it was very fast, very good,” Tielemans told RTBF. “The team was playing well. We were complementing each other well.
“That explains why today is going very well and I’m having a lot of fun. I feel very comfortable in the team. They welcomed me with open arms. It is comfortable and it shows in the field ”.
Read more from Tielemans here.
(Image: Plumb Images / Leicester City FC via Getty Images)
Rodgers ‘can’t see’ key player sales this summer
Brendan Rodgers wants Leicester City not to sell a key player this summer, even amid significant losses at the club.
The city’s summer spending since its return to the Premier League has always been funded in part by the departure of a star name, with N’Golo Kante, Danny Drinkwater, Riyad Mahrez, Harry Maguire and Ben Chilwell advancing on big deals. about the past five summers.
City have wisely reinvested it to improve their squad and move up the table.
The club will want to break that cycle, and Rodgers hopes it will be this year, despite the fact that City just announced losses of 67 million pounds for the 19-20 campaign.
New and improved contracts could be a solution to keep players in the club, but that would cause salary payments to go up even more. That may be cause for concern, as the latest accounts show a salary / turnover ratio of 105 percent, making City the first Premier League team to exceed 100 percent since QPR in 2013.
Click here to read what Rodgers had to say.
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