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Birmingham Post
Birmingham Post
Business
Tom Pegden

Leicester City's Thai owners standing firm behind club after revealing full extent of Covid losses

Leicester City’s owners are said to be as committed as ever after the full financial cost of Covid-19 on the club was revealed.

Playing behind closed doors, having to repay millions back to the Premier League and getting just half the normal prize money for winning the FA Cup last May – all due to Covid – have cost City around £50 million since the start of the pandemic.

New accounts for last season show that overall the club – who finished fifth in the league last year, played in the Europa League and won the FA Cup – made a pre-tax loss of £33 million.

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