Leicester City - Club Announce Financial Results - 2010/11
UK time is: 04:33:59
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

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

Ulloa Talks Manchester United (Thursday November 26 2015)

Davis Extends Fleetwood Spell (Thursday November 26 2015)

Vardy On Practice Making Perfect (Thursday November 26 2015)

Information For Fans Ahead Of United (Thursday November 26 2015)

Ranieri Ahead Of Manchester United Clash (Thursday November 26 2015)

Match Day Officials v Manchester United (Thursday November 26 2015)

Infographic - Most Fouled....Mahrez (Wednesday November 25 2015)

Ranieri & Drinkwater On Monday (Monday November 23 2015)

Archived Leicester City Articles

List All Vital Leicester  Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Premier League Network Sites

Vital Members League (view all)

League Results (view all)

League Table (view table)

Team P W D L GD Pts
1. Leicester City 13 8 4 1 +8 28
2. Man Utd 13 8 3 2 +10 27
3. Man City 13 8 2 3 +14 26
4. Arsenal 13 8 2 3 +12 26
5. Spurs 13 6 6 1 +13 24
6. West Ham 13 6 3 4 +4 21
7. Everton 13 5 5 3 +8 20

Leicester City Fixtures (view all)

Breaking League News

» Liverpool : 26/11/2015 22:02:00
Buzz on the Spot - Juventus v City - The aftermath
» Man City : 26/11/2015 20:45:00
Pellegrini & Toure On Juventus Loss
» Man City : 26/11/2015 20:36:00
Ulloa Talks Manchester United
» Leicester City : 26/11/2015 19:35:01
Davis Extends Fleetwood Spell
» Leicester City : 26/11/2015 19:30:01

Current Site Poll (view all polls)

Newcastle MotM
Suggested By:  Site Staff
Schmeichel 0%
Simpson 0%
Morgan 0%
Huth 0%
Fuchs 0%
Mahrez 20%
Kanté 60%
Drinkwater 5%
Albrighton 0%
Ulloa 5%
Vardy 10%
Sub:-Okazaki 0%
Sub:-King 0%
Sub:-Dyer 0%