Leicester’s latest loan does not specify how much they can borrow from Macquarie, although it is the sixth time they have entered an arrangement with the lender.
The second – made in December 2018 – has been satisfied but was reported at the time to be larger than the first arrangement over Mahrez and had been earmarked to help fund a new training ground and expand the King Power Stadium.
Two more are outstanding, although Maguire does not believe there is any evidence of financial difficulties at a club on course to qualify for the Champions League.
“What will often happen is that you might have separate charge arrangements over separate assets belonging to the club,” he says. “It could be something as simple as that – I don’t think there is anything Machiavellian in it.”
Two outstanding loans, can the club really afford new transfers without selling Chilwell ?