Leicester should be in dreamland heading back to the Premier League and face a test of their readiness against Chelsea. Now both clubs face points deductions and are braced for a summer of scrutiny
The approach to the ground from Fulham Broadway is normally a peculiar hive blending street preachers, stalls peddling scarves and pins, and matchday programme sellers. There is still an aftershock ringing in the ears from the Thursday lunchtime in 2022 when the club shop fell silent and the pies ran cold, on the dayThe hum of the world’s tiniest violin, quite possibly – but here in west London, nobody needs telling how quickly economic fortunes can change.
That is assuming they are promoted – they recently succeeded in their argument that the EFL’s metrics should not apply to them because for most of the past three years, they were not in theThough Leicester are yet to publish their accounts for this year – they must do so by 31 March – the numbers do not look good. Nor is it the first such dispute between Leicester and the EFL. In 2018, the club finally agreed to pay the league £3.
Both face a miserable, perpetual cycle ahead: the more they sell, the further the fall and the louder the cries for investment. And repeat, ad nauseam.“We know they were trying to get one or two of the books in January, particularly the homegrown players because they represent pure profit. We know there’s a delicate situation, we know the spending strategy was very aggressive and high risk and now we’re seeing the other side of that when it’s not quite worked out for them.
Those who they could feasibly sell for a decent fee, Wilfried Ndidi, Kelechi Iheanacho, Jannik Vestergaard, Dennis Praet among them, are out of contract in June. Manager Enzo Maresca has said talks over their futures will not take place until they know which league they are playing in next season.for £40m and Wesley Fofana for £70m. They do not want Kiernan Dewsbury-Hall to follow them – Brighton, Brentford and Arsenal are keen. They may have no choice.There is some hope yet.
“Unfortunately that’s the reality, that any set of regulations will benefit those big clubs because they’re well set, large revenues, relatively lower cost base against revenue compared to other clubs.
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