23 April 2026 …
Leicester ‘face £70m black hole’ after disastrous spending gamble
From the outside it might seem difficult to understand quite how the Foxes got here.
Leicester have been relegated despite having several of the highest-paid players in the Championship.
Even the six-point deduction for failing financial rules in 2023-24 may not mathematically send them down, after just two wins from 19 league games in 2026.
Just last month Leicester reported a deficit of £71.1m for the 2024-25 season, when they