UK time is: 00:01:17
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Club Announce Financial Results - 2010/11

Leicester City have announced the financial results for the year ending May, 2011.

For the full details please Click Here.

In brief, the club recorded losses of 15.2m up from 7.5m the previous year.

The majority of the losses relate to the investment made in purchasing new players for the first team. This is also reflected in the increase of staff costs to 16.6m up from 14.5m the previous year.

The good news though is our turnover increased from 16.2m to 17.4m, following an increase in commercial revenue and an increase in TV income.

Chief Executive Officer Susan Whelan said of the results.

'These results indicate the ambition and intention of Leicester City Football Club Limited and its owners to achieve excellence in everything that we do. We continue to invest in both the playing squad and the capital assets of the club, but we are also working hard to increase our commercial revenue. The goal of the club remains to achieve promotion at the earliest possible time. We believe that we now have a robust infrastructure and management team in place to sustain the long term future of the club.'

Vital Leicester on: facebook

Vital Leicester on: twitter

Join The Vital Debate




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: SvensAmbition  Mail feedback, articles or suggestions

Date:Sunday March 4 2012

Time: 8:38PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Leicester City Articles

Pearson - We Didn't Do Enough (Wednesday August 27 2014)

Stats: Leicester v Shrewsbury (Tuesday August 26 2014)

King & Kasp Talk Chelsea (Sunday August 24 2014)

Plenty Of Positives For Pearson (Sunday August 24 2014)

Stats: Chelsea v Leicester (Saturday August 23 2014)

Logan Joins Rochdale On Loan (Tuesday August 19 2014)

Vardy Signs Four Year Deal (Tuesday August 19 2014)

Pearson Gives Transfer Update (Monday August 18 2014)

Archived Leicester City Articles

List All Vital Leicester  Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

Latest Results
Chelsea 2 - 0 Leicester City
Leicester City 2 - 2 Everton

League Table (view table)

Team P W D L GD Pts
13. Man Utd 2 0 1 1 -1 1
14. Southampton 2 0 1 1 -1 1
15. Stoke 2 0 1 1 -1 1
16. Leicester City 2 0 1 1 -2 1
17. Newcastle 2 0 1 1 -2 1
18. Crystal Palace 2 0 0 2 -3 0
19. Burnley 2 0 0 2 -3 0

Breaking League News

Hawthorns Trip For Hull
Hull City : 27/08/2014 22:55:00
Stoke to face Sunderland in League Cup third round
Stoke : 27/08/2014 22:49:00
Capital One Cup Opens With Sheffield Wednesday
Man City : 27/08/2014 22:47:00
Palace Host Newcastle
Crystal Palace : 27/08/2014 22:38:00
Giroud Has Surgery, Out For 4 Months
Arsenal : 27/08/2014 22:38:00

Current Site Poll (view all polls)

COC - Shrewsbury MotM
Suggested By:  Svens
Hamer 0%
Pearson 100%
Moore 0%
Konchesky 0%
Wasilewski 0%
Mahrez 0%
Cain 0%
Watson 0%
Knockaert 0%
Taylor-Fletcher 0%
Wood 0%
Sub - Nugent 0%
Sub - King 0%
Sub - Schlupp 0%