The impact of the pandemic is being felt by clubs across the country and it is evident at City as well, with a significant pre-tax loss of £ 67million recorded for last season, compared to a loss of £ 20million l ‘last year.
City’s commitment to improving the playing squad as they push to the top of the Premier League, along with their efforts to build a state-of-the-art training base at Seagrave and expand the King Power Stadium are shown in the accounts, as is the impact of the pandemic.
Now that the training ground has been built and opened, the next project is the expansion of King Power Stadium, with attendance increasing to the low 40,000, the club’s goal.
The city has now confirmed the acquisition of land next to the ground on which to carry out the work, while an additional £ 1.8million has been spent on design and feasibility since the summer.
Get a full account overview here.
Ricardo will miss the Cup match
Leicester City will be without Ricardo Pereira for their FA Cup quarter-final against Manchester United, the full-back unable to recover from hamstring strain in time for Sunday’s clash at King Power Stadium.
Ricardo was substituted at half-time in last weekend’s win over Sheffield United after complaining of a tight hamstring tendon, and during his press conference on Friday, the director of the city Brendan Rodgers has confirmed he would not be fit to face the Red Devils.
James Maddison also remains unavailable for selection, but has returned to training, and Rodgers believes he will be in contention after the international break.
Cengiz Under’s thigh problem will also keep him out of this weekend’s game, but Dennis Praet is fit to join the team for the first time since his hamstring injury, suffered in the third round at Stoke. the first weekend of January.
Rodgers said: “(Ricardo) won’t be available for the weekend, but we’re pretty confident after the international break he’ll be fine. It’s just a slight tension but luckily nothing too serious. ”
Get the full injury update here.
Tielemans’ happiness at City Boost for contract negotiations
Youri Tielemans is ‘really having fun’ at Leicester City and the club are hopeful this will lead the midfielder to signing a new contract.
The Belgian has been one of City’s star performers this season, playing an increasingly influential role as his teammates have been sidelined with injury.
Manager Brendan Rodgers has expressed a wish for the 23-year-old to put pen to paper to extend his contract beyond its current expiration date in 2023.
Tielemans said last month he believes City can match their ambitions to win trophies, and ahead of the international break next week, he told Belgian media he still values his time at King Power Stadium very much.
“When I got to Leicester it was very fast, very good,” Tielemans told RTBF. “The team was playing well. We complemented each other well.
“That explains why today, it’s going very well and I’m really having fun. I feel very comfortable in the team. They welcomed me with open arms. It’s comfortable and it shows on the pitch.
Learn more about Tielemans here.
Rodgers ‘can’t see’ sale of key players this summer
Brendan Rodgers wants to keep Leicester City from selling a key player this summer, even amid major losses at the club.
The city’s summer spending since returning to the Premier League has always been partly funded by the departure of a star name, with N’Golo Kante, Danny Drinkwater, Riyad Mahrez, Harry Maguire and Ben Chilwell moving into deals at big price over the past five summers.
City have reinvested that wisely to improve their squad and get on the table.
The club will want to break that cycle, and Rodgers will be hopeful that this will be the case this year, even though City have just reported losses of £ 67million for the 19-20 campaign.
New and improved contracts could be a solution to keeping players at the club, but it would lead to a further increase in wages. This can be a problem with the latest accounts showing a salary-to-turnover ratio of 105%, with City becoming the first Premier League team to surpass 100% since QPR in 2013.
Click here to read what Rodgers had to say.