Edward Alistair
Well-known member
Leeds owner didn't turn up today and the buyout by the Americans seems to be agreed only if the club stayed up.
Leicester also seem to be in a mess -
Leicester's wage bill stands at £180m - the highest outside the top six - with Maddison, Jamie Vardy and Ricardo Pereira among a number of players to earn in excess of £100,000 a week.
The club showed income of £214m in their accounts up to May 2022, but this will reduce to about £70m in the Championship.
The main issue they face is a loan agreed with Australian bank Macquarie for advanced payments on player amortisation and broadcasting revenue.
That is set against TV money so it is quite feasible the club will not see any of the 'parachute payments' as they will be allocated towards paying the quarterly interest on the loan, which stood at £19m last year.
Leicester's total borrowings stand at £344m, but much of that is related to the owners, who wrote off £194m earlier this season.
Might not be straight forward for either club to put a squad together to get them in the top 2 spots.
Leicester also seem to be in a mess -
Leicester's wage bill stands at £180m - the highest outside the top six - with Maddison, Jamie Vardy and Ricardo Pereira among a number of players to earn in excess of £100,000 a week.
The club showed income of £214m in their accounts up to May 2022, but this will reduce to about £70m in the Championship.
The main issue they face is a loan agreed with Australian bank Macquarie for advanced payments on player amortisation and broadcasting revenue.
That is set against TV money so it is quite feasible the club will not see any of the 'parachute payments' as they will be allocated towards paying the quarterly interest on the loan, which stood at £19m last year.
Leicester's total borrowings stand at £344m, but much of that is related to the owners, who wrote off £194m earlier this season.
Might not be straight forward for either club to put a squad together to get them in the top 2 spots.