UK time is: 05:11:59
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 Articles

Pearson - A Step Closer To The Title (Tuesday April 15 2014)

Stats: Reading v Leicester (Monday April 14 2014)

Vardy Back For Reading? (Sunday April 13 2014)

Pearson - We Were Below Par (Wednesday April 9 2014)

Stats: Leicester v Brighton (Tuesday April 8 2014)

Pearson's Promotion Relief (Sunday April 6 2014)

Archived Articles

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

League Results (view all)

League Table (view table)

Team P W D L GD Pts
1. Leicester City 42 27 9 6 +35 90
2. Burnley 42 23 14 5 +31 83
3. Derby County 42 22 9 11 +27 75
4. Q.P.R. 42 21 10 11 +15 73
5. Wigan 41 19 10 12 +14 67
6. Reading 42 17 13 12 +13 64
7. Brighton 42 17 13 12 +12 64

Breaking League News

Gibbs - Leeds looking to end season on a high
Leeds Utd : 16/04/2014 21:19:00
Holden Appreciates His Support
Bolton : 16/04/2014 21:04:00
LUFC Barnsley v Leeds United - History
Leeds Utd : 16/04/2014 20:36:00
Former loanee a free agent following City exit
Doncaster : 16/04/2014 20:28:00
DRFC Young striker returns to Rovers
Doncaster : 16/04/2014 20:17:00
DRFC Doncaster Rovers v Derby County - History
Doncaster : 16/04/2014 20:10:00
DRFC Hooper in charge of Derby clash
Doncaster : 16/04/2014 20:09:00

Current Site Poll (view all polls)

Reading MotM
Suggested By:  Svens
Schmeichel 0%
De Laet 0%
Schlupp 0%
Hammond 0%
Wasilewski 0%
Morgan 0%
Mahrez 0%
Drinkwater 0%
Vardy 0%
Nugent 0%
Dyer 0%
Sub - Wood 0%
Sub - King 100%
Sub - Taylor-Fletcher 0%