UK time is: 14:57:13
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

Hamer & Ulloa Talk Stoke (Monday September 15 2014)

Pearson Credits Willingness & Desire (Monday September 15 2014)

Stats: Stoke v Leicester (Saturday September 13 2014)

Pearson - Stoke Are An Example (Thursday September 11 2014)

Real test yet to come for Leicester City (Thursday September 4 2014)

Vardy Was A Welcome Return (Thursday September 4 2014)

Pearson Names Our 25 Foxes (Thursday September 4 2014)

Schlupp - We Have Confidence & Belief (Wednesday September 3 2014)

Cambiasso Makes Debut In Friendly (Wednesday September 3 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

League Results (view all)

League Table (view table)

Team P W D L GD Pts
9. Man Utd 4 1 2 1 3 5
10. Hull City 4 1 2 1 0 5
11. Everton 4 1 2 1 -1 5
12. Leicester City 4 1 2 1 -1 5
13. West Ham 4 1 1 2 -1 4
14. Stoke 4 1 1 2 -1 4
15. Sunderland 4 0 3 1 -1 3

Breaking League News

Burnley vs Sunderland: Team News From Turf Moor
Sunderland : 20/09/2014 14:55:00
Team News: Aston Villa vs Arsenal
Arsenal : 20/09/2014 14:37:00
The Shirt off Your Back!
Man Utd : 20/09/2014 14:27:00
Will They Sell? No!
Man Utd : 20/09/2014 14:20:00
Well That Kills That Rumour!
Chelsea : 20/09/2014 14:11:00

Current Site Poll (view all polls)

Stoke MotM
Suggested By:  Svens
Hamer 1%
De Laet 0%
Morgan 0%
Moore 0%
Konchesky 0%
Schlupp 0%
King 0%
Mahrez 0%
Hammond 0%
Nugent 0%
Ulloa 66%
Sub - Cambiasso 33%
Sub - Drinkwater 0%
Sub - Vardy 0%