Leicester City could suffer summer transfer blow amid financial fair play concern
Leicester are under pressure to sell players during the early stages of the summer window, with funds needing to be raised before the end of June.
Championship league leaders Leicester City will be under pressure to sell players during the summer transfer window amid questions regarding potential financial breaches, according to a report from the Telegraph.
Looking at their business from afar, it looked as though the Foxes had been shrewd during the past couple of windows.
In the summer, they cashed in on some key players including James Maddison and Harvey Barnes, with those two and Timothy Castagne generating the Midlands outfit a sizeable amount of sale revenue.
They did spend some of that revenue on new additions, with some valuable players including Conor Coady and Harry Winks both arriving at the King Power Stadium.
But they didn’t do much business in January.
Leicester City’s potential financial fair play battle
Those who haven’t looked deeper into Leicester’s finances would have thought that the club would be in a strong financial position at the moment, in terms of abiding by financial rules.
However, the EFL suspected that the club would breach their profitability and sustainability rules for this season and tried to get Enzo Maresca’s side to produce a business plan.
In the end, the EFL were unsuccessful in their quest, but it has been reported that the club could face a points deduction next term.
The phrase ‘points deduction’ isn’t new in football, with Everton already receiving a 10-point penalty this term before it was reduced to six and Nottingham Forest potentially set to have points docked too.
Leicester may also receive a points deduction in the future – and officials at the King Power Stadium seem to have acknowledged that “significant” funds need to be raised before the end of June in their quest to balance the books and minimise any sanctions.
Players Leicester City could sell during the early stages of the summer window
There are a number of players who could be sold, but the one that stands out is Harry Souttar.
The Australia international has made just a handful of appearances during the 2023/24 campaign and he clearly isn’t a key part of Maresca’s plans, so the Foxes could probably afford to cash in on him during the early stages of the summer window.
Luke Thomas is another player who has a decent amount of time left on his contract and could be sold for a sizeable amount.
Victor Kristiansen and Boubakary Soumare are two players who are out on loan and could be sold to raise a decent sum of cash.
