{"id":481450,"date":"2024-04-02T20:42:06","date_gmt":"2024-04-03T00:42:06","guid":{"rendered":"https:\/\/7sport.net\/en\/?post_type=news&#038;p=481450"},"modified":"2024-04-02T20:42:06","modified_gmt":"2024-04-03T00:42:06","slug":"leicester-report-almost-90-billion-pounds-in-losses-after-pl-charge","status":"publish","type":"news","link":"https:\/\/7sport.net\/en\/news\/leicester-report-almost-90-billion-pounds-in-losses-after-pl-charge\/","title":{"rendered":"Leicester report almost 90 billion pounds in losses after PL charge"},"content":{"rendered":"<p>Leicester City have admitted a loss of 89.7 million pounds for the 2022-23 campaign &#8211; taking total losses for their last 3 EPL seasons to over 215 million pounds.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/lcfc?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#lcfc<\/a> announce huge \u00a389.7m losses for 22\/23 (92.5m last year). Player sales inevitable before Jun30 to avoid further breaches<br \/>\ud83d\udd35 highest wage bill outside Big 6<br \/>\ud83d\udd35 unplanned cost of Rodgers payoff<br \/>\ud83d\udd35 losses INCLUDE Fofana\/Maddison<br \/>\ud83d\udd35 \u201cfinancial challenges\u201d<a href=\"https:\/\/t.co\/kpxoPqgYM7\" target=\"_blank\">https:\/\/t.co\/kpxoPqgYM7<\/a><\/p>\n<p>&mdash; John Percy (@JPercyTelegraph) <a href=\"https:\/\/twitter.com\/JPercyTelegraph\/status\/1775206928324477328?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 2, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The club was charged in March for allegedly breaching profit and sustainability rules because of the information that now became public.<\/p>\n<p>Top-flight rules permit teams to lose no more than 105 million pounds over a 3-year period.<\/p>\n<p>Despite Leicester making almost 75 million pounds profit in footballers sale, they registered huge financial losses.<\/p>\n<p>The Foxes labeled the relegation to the Championship a &#8220;disappointing and unanticipated decline&#8221;, as the former Premier League champions had finished 8<sup>th<\/sup>, 5<sup>th<\/sup> and 5<sup>th<\/sup> in the EPL in the previous 3 campaigns.<\/p>\n<p>Leicester received 70 million pounds for the transfers of Wesley Fofana to Chelsea two 2 years ago and James Maddison who was sold for 40 million pounds in the past summer to Spurs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leicester City have admitted a loss of 89.7 million pounds for the 2022-23 campaign &#8211; taking total losses for their last 3 EPL [&hellip;]<\/p>\n","protected":false},"author":4225,"featured_media":481451,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[19614,17317],"news_category":[136,14235],"gn_keywords":[20570,17886],"acf":{"announce":"The Foxes are in a very tough spot after the enormous losses.","video":[]},"rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","rank_math_robots":"","rank_math_canonical_url":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_facebook_image":"","rank_math_twitter_title":"","rank_math_twitter_description":"","rank_math_twitter_image":"","rank_math_snippet_shortcode":"","rank_math_primary_category":"","rankmath_seo":{"focus_keyword":"","description":"","title":"","canonical_url":"","robots":"","facebook":{"title":"","description":"","image":""},"twitter":{"title":"","description":"","image":""}},"_links":{"self":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/481450"}],"collection":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/users\/4225"}],"replies":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/comments?post=481450"}],"version-history":[{"count":2,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/481450\/revisions"}],"predecessor-version":[{"id":481453,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/481450\/revisions\/481453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/481451"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=481450"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=481450"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=481450"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=481450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}