SPORTS LAW AT THE CROSSROADS

Profits at Leicester’s Foxes slump by more than £90m

Leicester City

By David Owen

March 7 – Leicester City’s financial fairy tale came to an abrupt end in the year to end-May 2018 after their on-pitch exploits of recent seasons. Bereft of European football, the Foxes, as was foreseeable, suffered a severe reverse in both turnover and profitability, while managing to remain narrowly in the black at the pre-tax level.

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