Club Finances

[BenTheFox]

King Power loyalists often say "If you offered most football fans the premier league win, the European runs, the FA cup win, the great players, but we get relegated to League one this season, they'd accept it". 

It's a stupid statement because there didn't have to be a trade off, certainly not that significant anyway. However, one thing's for sure. If you offered those heights but it meant you won't have a football club to support in five years, many would outright refuse the offer, and most would at very least hesitate to accept it. 

Edited 27 March by BenTheFox

[UniFox21]

3 minutes ago, StanSP said:

What are we like in comparison to similar sized clubs? How fvcked are we on a scale of Dahmer to Epstein? 

When you look compared to Prem last year, Forest and West Ham had bigger losses than us (78 and 104 respectively) 

[Tommy G]

2 minutes ago, jammie82uk said:

The Directors have also considered the Club’s cashflow requirements in a severe but

plausible scenario. Sensitivities considered in the forecasts included variances in finishing

position, net player transfer spend and the non availability of future banking facilities.

To cover the working capital needs of the Club in that scenario the Club has access to

£10m remaining undrawn elements of a five year loan facility with King Power International

in addition to an undrawn future share subscription agreement for 116m shares at £1 per

share entered into on 21 April 2024 and amended on 4th April 2025 which can be further

called on if necessary to support the Club’s cash flow in the unlikely event that all these

negative events come to pass.

Based on the above the Directors therefore have a reasonable expectation that the

necessary funding will be available when required and the consolidated financial

statements have therefore been prepared on a going concern basis.

He isn't going anywhere unless King Power kick the bucket

[Tommy G]

2 minutes ago, jammie82uk said:

The Directors have also considered the Club’s cashflow requirements in a severe but

plausible scenario. Sensitivities considered in the forecasts included variances in finishing

position, net player transfer spend and the non availability of future banking facilities.

To cover the working capital needs of the Club in that scenario the Club has access to

£10m remaining undrawn elements of a five year loan facility with King Power International

in addition to an undrawn future share subscription agreement for 116m shares at £1 per

share entered into on 21 April 2024 and amended on 4th April 2025 which can be further

called on if necessary to support the Club’s cash flow in the unlikely event that all these

negative events come to pass.

Based on the above the Directors therefore have a reasonable expectation that the

necessary funding will be available when required and the consolidated financial

statements have therefore been prepared on a going concern basis.

He isn't going anywhere unless King Power kick the bucket

[The Year Of The Fox]

Just now, Tommy G said:

He isn't going anywhere unless King Power kick the bucket

 

Just now, Tommy G said:

He isn't going anywhere unless King Power kick the bucket

You can say that again

[HankMarvin]

Wouldn’t it be better to look at Leeds that were on a similar trajectory, promoted relegated, not promoted £61m losses last season 

[Paninistickers]

11 minutes ago, Blue ROI said:

Aiyatwat must be in of the worst chairman/chief executives in the world.

 

And not just sport.

Howling with laughter too at the whole situation this time last year. We're talking close to the level of tears rolling down cheeks and convulsions, so funny he finds it all

[moore_94]

Can’t wait for this to still be their future outlook when we are in League One this time next year
 

Future outlook

The Club finished the 2024/25 season in 18th position and was relegated to the EFL Championship for the 2025/26 season. The Club is focused on securing promotion back to the Premier League and has not changed its aspiration to compete in the top division, striving to win trophies and compete on the European stage whilst complying with the evolving football regulatory environment.

 

The Club continues to assess its options for the future development of the King Power Stadium and surrounding site following the approval of its hybrid planning application in December 2023.

Edited 27 March by moore_94

[Corky]

6 minutes ago, UniFox21 said:

When you look compared to Prem last year, Forest and West Ham had bigger losses than us (78 and 104 respectively) 

Oh yeah, this is nowhere near the highest loss. The game is desperate for proper cost controls.

[Les-TA-Jon]

From the full accounts:

 

Quote

Staff costs increased by £45.7m to £152.9m in the year (2024: £107.2m) however as a percentage of turnover this equates to 82.0% in comparison to 101.6% in 2023/24 and 116.0% in 2022/23

So wage bill (plus other staff?) went up by £45m upon promotion?

 

Quote

The financial year included other operating income of £0.2m (2024: £12.7m) relating to compensation received for the departure of a member of the first team coaching staff. The prior financial year related to the departure of the Club’s first team management and the confidential settlement of a commercial dispute.

So £200K for Brian Barry-Murphy to go to Cardiff?

 

Not sure what the 'confidential settlement of a commercial dispute' is

 

Quote

In the year to 30 June 2025, player trading realised net profits of £7.3m (2024: £71.8m), arising principally from the disposal of the player registration of Thomas Cannon.

Small player trading profit...

 

Quote

the Club’s investment in player’s registrations of £66.9m in 2024/25

So spend of £66.9m on Skipp, El Khannous, Okoli, Ayew, Edouard, Buonanotte, De Cordova-Reid, Golding

 

Quote

The combined net book value of these players is £117.4m as at 30 June 2025

Quite a hefty cost for a naff squad going back into the Championship...

 

Re: Cashflow:

Quote

As part of their considerations the directors have reviewed in detail the cash flow forecasts prepared. These forecasts show that the Company is reliant on continued funding from external banks, proceeds from player trading and/ or the holding company, KPI and/ or its ultimate shareholders.

 

Since the year end the Company has entered into a five year loan facilities totalling £28m with King Power International to finance the working capital requirements of the Club for the next 12 months in addition to short term discounting facilities with Macquarie Bank to bring forward the proceeds from the sale of four players. The company continues to hold its loan facility with Macquarie Bank and is in compliance with the facility covenants.

 

The Directors have also considered the Club’s cashflow requirements in a severe but plausible scenario. Sensitivities considered in the forecasts included variances in finishing position, net player transfer spend and the non availability of future banking facilities. To cover the working capital needs of the Club in that scenario the Club has access to £10m remaining undrawn elements of a five year loan facility with King Power International in addition to an undrawn future share subscription agreement for 116m shares at £1 per share entered into on 21 April 2024 and amended on 4th April 2025 which can be further called on if necessary to support the Club’s cash flow in the unlikely event that all these negative events come to pass.

 

Based on the above the Directors therefore have a reasonable expectation that the necessary funding will be available when required and the consolidated financial statements have therefore been prepared on a going concern basis.

Macquarie Bank and Past/Future transfers:

 

Quote

During the summer 2025 transfer windows the Club has contracted for the purchase, sale and loan of various players. Since 30 June 2025 the Club have entered into a short term discounting facilities with Macquarie bank to bring forward the proceeds from the sales of Mads Hermansen, James Justin, Kasey McAteer and Tom Cannon.

 

The net income of the purchase, sale and loans of various players occurring since 30 June 2025, taking into account the applicable levies and contingent fees but excluding value added tax is £40.9m (2024: net expenditure of £66.7m). These transfers and costs will be accounted for in the year ending 30 June 2026.

Total wage bill of all employees (£130m~)

[foxfanazer]

Well I don't know about you guys but I'm shocked 

[StanSP]

6 minutes ago, Tommy G said:

He isn't going anywhere unless King Power kick the bucket

 

6 minutes ago, Tommy G said:

He isn't going anywhere unless King Power kick the bucket

 

5 minutes ago, The Year Of The Fox said:

 

You can say that again

Wait, is it one of those things that if you say it 3 times it happens?! 

[Clogger_]

8 minutes ago, UniFox21 said:

When you look compared to Prem last year, Forest and West Ham had bigger losses than us (78 and 104 respectively) 

True but we're flirting with L1

[Gamble92]

8 minutes ago, BenTheFox said:

King Power loyalists often say "If you offered most football fans the premier league win, the European runs, the FA cup win, the great players, but we get relegated to League one this season, you'd accept it". 

It's a stupid statement because there didn't have to be a trade off, certainly not that significant anyway. However, one thing's for sure. If you offered those heights but it meant you won't have a football club to support in five years, many would outright refuse the offered, and most would at very least hesitate to accept it. 

There didn't have to be a trade off but because of the superb work of Pearson's staff and a ripple effect of that with a couple of freak sales we allowed a narrative to surround King Power (yes I include Vichai in that) and the likes have Rudkin became unsackable.

 

It enabled something that never would have been allowed otherwise. 

 

The trade off won't be League One, it will be extinction. 

[Foxin_Mad]

I don’t really understand how we can lose so much money yet not really have one decent player to show for it. The ineptitude is astounding. 

[Clogger_]

8 minutes ago, HankMarvin said:

Wouldn’t it be better to look at Leeds that were on a similar trajectory, promoted relegated, not promoted £61m losses last season 

And they are back in the PL. We'll be lucky to avoid L1. They had some valuable players. We have???

Edited 27 March by Clogger_

[Swarles Barkley]

I’ve read enough, another promotion for the Rudkin imo

[Dan]

30 minutes ago, Les-TA-Jon said:

Don't think anyone was doing that - purely speculating on last years £19m loss + promotion to PL + independent commission says 'positive trend' = £70m loss sounded unrealistic...

That sounds very much like benefit of the doubt to me.

[HankMarvin]

5 minutes ago, Clogger_ said:

True but we're flirting with L1

We haven’t even entered the second season yet, that was Leeds losses for year one back in the championship.

[filthyfox]

7 minutes ago, StanSP said:

 

 

Wait, is it one of those things that if you say it 3 times it happens?! 

He isn't going anywhere unless King Power kick the bucket

[RoboFox]

YOU GET A PROMOTION!

 

YOU GET A PROMOTION!

 

EVERYONE GETS A PROMOTION! 

 

[TheGoldenGod]

3 hours ago, ClaphamFox said:

 

Rob Tanner was on the BTG podcast yesterday saying that everything he has heard suggests that the club has finally got its finances under control from a PSR perspective & that we're in position for a proper reset. Obviously the headline accounts are not the same thing as the PSR position, but they are closely related. And it would be surprising to report a loss of £19.4m for the Championship season then report a whopping £70m loss for the 2024/25 PL season when our income would have been much higher and we spent very little on player acquisitions. 

Imagine listening to Rob Tanner and trusting what that pillock says🤣

[TheGoldenGod]

32 minutes ago, Blue ROI said:

Aiyatwat must be in of the worst chairman/chief executives in the world.

 

And not just sport.

In the history of sport. No club has ever fallen from greater heights. Good job King Power 👏

[Bert]

Give them all another promotion!!

[fox_favourite]

Just now, Bert said:

Give them all another promotion!!

A royal pat on the back and a extra bonuses for all!