Skip to content
Dragon Football
Football FinanceLeicester City
LCFC

Leicester City finances

Leicester City has £219m of net debt as of their 2023/24 accounts.

Filed as LEICESTER CITY FOOTBALL CLUB LIMITED. Championship. Latest accounts 2023/24.

← Football Finance · Leicester City dashboard → · Transfers → · Companies House →

You're viewing 2023/24 filed accounts for Leicester City. The latest filed year is 2024/25.
Wage bill
£107m
Turnover
£105m
Profit / loss
-£19m
Net debt
£219m
Cash
£7.1m
Net assets
£57m

Multi-year picture

Year ended Wages Turnover P&L Cash Net assets
2024/25 latest £153m £187m -£71m £4.5m £114m
2023/24 £107m £105m -£19m £7.1m £57m

Player trading

  • Gross spend on signings (this year)£44m
  • Amortisation charge (this year)£46m
  • Squad book value (intangibles NBV)£107m
  • Book value of disposals (sold registrations)£25m

In football accounting, "intangible assets" = player registrations. Amortisation is the contract cost spread over the years remaining.

Wage breakdown

  • Wages & salaries£93m
  • Social security (employer NI)£13m
  • Pension contributions£856k
  • Key management pay (directors)£251k
  • Highest paid director£238k

HMRC exposure

  • Tax & social security owed at year-end£11m

Unusually large HMRC balances at year-end can signal cash pressure. Most clubs file PAYE monthly, so a multi-million sum sitting unpaid is a flag.

Debt breakdown

  • Bank borrowings & overdrafts£55m
  • Group / owner loans£171m
  • Outstanding charges (loans secured against assets)14

Ownership

Persons with significant control (>25% as filed at CH): Aiyawatt Srivaddhanaprabha

Registered office: King Power Stadium, Filbert Way, Leicester, Leicestershire, LE2 7FL

Incorporated: 2002-11-18

Recent filings

  • 2026-04-11 accounts accounts-with-accounts-type-group
  • 2026-02-13 confirmation-statement confirmation-statement-with-updates
  • 2026-01-14 mortgage mortgage-create-with-deed-with-charge-number-charge-creation-date
  • 2025-11-27 officers termination-director-company-with-name-termination-date
  • 2025-09-29 mortgage mortgage-create-with-deed-with-charge-number-charge-creation-date
  • 2025-09-29 mortgage mortgage-create-with-deed-with-charge-number-charge-creation-date
  • 2025-09-29 mortgage mortgage-create-with-deed-with-charge-number-charge-creation-date
  • 2025-09-12 officers appoint-person-secretary-company-with-name-date
  • 2025-09-12 officers termination-secretary-company-with-name-termination-date
  • 2025-08-27 mortgage mortgage-create-with-deed-with-charge-number-charge-creation-date

Source

Parsed automatically from LEICESTER CITY FOOTBALL CLUB LIMITED's inline XBRL accounts at Companies House. Filed as: Prior-year comparative (from accounts-with-accounts-type-group). Period ended 2024-06-30, accounts filed —.

The Dragon Football Newsletter

English football below the headlines, delivered.

A daily fixture digest, weekly features, and the stories the majors miss. Free, no spam, unsubscribe whenever.