Sports. Honestly. Since 2011

Leicester Set For Another Fire Sale Following Back-to-Back Relegations

A defeat to Hull City on Tuesday night condemned Leicester City to its second-ever relegation to League One. On the decade anniversary of City reaching unprecedented heights, perhaps the worst side in the club’s history reached an all-time low. It’s statements like this that put into perspective how tumultuous the last 10 years really have been. However, the attention now turns to rebuilding and ultimately stopping the rot. But how will Leicester actually do this?

Busy Summer Transfer Window On The Cards

Who Leaves?

As reported by Rob Tanner, youngsters such as Ben Nelson, Abdul Fatawu, and possibly Jeremy Monga may have to leave. This is because there will be plenty of interest from elsewhere, but you would also expect that these players have ambitions that far exceed the third tier. Monga has plenty of admirers, including Manchester United and Arsenal, clubs that will be desperate to take advantage of Leicester’s turmoil.

Tanner also adds that the squad-cost-to-revenue ratio has come down to 81 per cent. This is from the 116 per cent in 2022-23, which was the highest in Premier League history. However, the process of reducing hasn’t been enough, and it will have to come down by another 20 per cent at least next season. Therefore, this begs the question, who leaves in order to fix these problems?

Lewis Steele also reported that City are more than likely to offload the highest earners. The likes of Harry Winks, Ricardo Pereira, Patson Daka, Jannik Vestergaard and Hamza Choudhury were among the list, with everyone but Winks present during the initial relegation season. In 2024, the average wage was 47k a week, but went up to 67k. Wilfred Ndidi, for instance, earned a £100k per week deal; perfectly epitomising the mismanagement.

Read More: ‘Excellent’ Leicester Loanee Who Could Be First-Team Ready

How Does This Affect Leicester?

Another summer full of outgoings definitely isn’t ideal, especially after how it plagued the Foxes this season. Bilal El Khannouss, Mads Hermansen and Wilfred Ndidi were among the high-profile exits, but not enough was done to replace them. This was, of course, due to the precarious financial situation Leicester were in, but they can’t afford another lacklustre campaign. The likes of Barnsley and Bolton have been stuck in League One for several seasons now, which highlights how tough it can be to escape.

It’s likely that next season, there will be a youthful core that remains ever-present. The likes of Jake Evans, Sammy Braybrooke and Louis Page could be the figures who become pivotal to the rebuild. They will not only be on lower wages, but will also be sellable assets in the future that Leicester can rely on for ‘pure profit.’ It would be a change welcomed by much of the fanbase, especially if the academy graduates can spearhead the club back to the Championship.
However, the change has to transcend just the players on the pitch. One of the major issues has been appointing managers and signing suitable players. Jon Rudkin has, of course, taken the brunt of this, but it seems unlikely that Top will remove him, especially after his recent promotion.
In addition to this, chief executive Susan Whelan left the club after her relationship with Rudkin soured, whilst the football and commercial divisions became divided. It’s easy to see that this rebuild will take years of progression, and it may need to come under new ownership.
Featured image courtesy of SmartFrame/Pro Sports Images

About Jack Worswick

Jack is also a student and supporter of Leicester City. He brings passion and interest to his football writing, that normally centers around analysis. He aims to cover an array of topics, with Leicester City being at the forefront.