Leicester City could now be forced to sell player for £35m despite promotion
Leicester City’s triumphant return to the Premier League has been marred by financial concerns, casting a shadow over their celebrated promotion from the Championship.
Despite their recent Championship title win, the club finds itself facing the harsh realities of complying with the Premier League’s Profit and Sustainability Rules (PSR), which are notoriously stringent.
The Foxes reported a staggering pre-tax loss of £89.7m for the 2022/23 season, sparking fears about their financial stability upon rejoining the top flight. The specter of Nottingham Forest and Everton, both of whom encountered difficulties navigating these regulations, looms large over Leicester City as they seek to avoid a similar fate of points deductions on their return to the top-flight.
Journalist Ben Jacobs has shed light on the predicament facing the club, suggesting that they may be compelled to part ways with one of their prized assets to meet the demands of the PSR. Kiernan Dewsbury-Hall, a standout player in Leicester’s ranks, has emerged as a potential casualty of the club’s financial woes.
Despite Dewsbury-Hall’s expressed desire to remain at his boyhood club Leicester City, the club’s precarious financial situation may force their hand in considering offers for the talented midfielder.
