Profits at Leicester’s Foxes slump by more than £90m

By David Owen March 7 – Leicester City’s financial fairy tale came to an abrupt end in the year to end-May 2018 after their on-pitch exploits of recent seasons. Bereft of European football, the Foxes, as was foreseeable, suffered a severe reverse in both turnover and profitability, while managing to remain narrowly in the black at the pre-tax level...