Leicester City finances and accounts
Leicester City turned over £105m in 2023/24 and paid £107m in staff costs, which is 101.7% of everything the club earned.
Revenue by season
What Leicester City turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Leicester City does not report on its own.
| MEASURE | 2023/24 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 | 2017/18 |
|---|---|---|---|---|---|---|---|
| Revenue | £105,348,000£105.3m | £177,326,000£177.3m | £214,590,000£214.6m | £226,204,000£226.2m | £149,950,000£149.9m | £178,429,000£178.4m | £158,881,000£158.9m |
| Staff costs | £107,164,000£107.2m | £205,780,000£205.8m | £171,274,000£171.3m | £182,680,000£182.7m | £147,759,000£147.8m | £142,694,000£142.7m | £111,107,000£111.1m |
| Wages and salaries | £93,451,000£93.5m | £180,045,000£180.0m | £148,403,000£148.4m | £158,794,000£158.8m | £128,239,000£128.2m | £122,396,000£122.4m | £97,452,000£97.5m |
| Social security costs | £12,857,000£12.9m | £24,772,000£24.8m | £22,057,000£22.1m | £23,239,000£23.2m | £18,917,000£18.9m | £19,709,000£19.7m | £13,297,000£13.3m |
| Pension costs | £856,000£856k | £963,000£963k | £814,000£814k | £647,000£647k | £603,000£603k | £589,000£589k | £358,000£358k |
| Other operating income | £12,744,000£12.7m | £194,000£194k | £700,000£700k | £2,500,000£2.5m | - | £942,000£942k | £632,000£632k |
| Cost of sales | £172,917,000£172.9m | £299,481,000£299.5m | £275,784,000£275.8m | £276,876,000£276.9m | £248,494,000£248.5m | £235,123,000£235.1m | £179,726,000£179.7m |
| Other operating costs | £25,992,000£26.0m | £26,662,000£26.7m | £22,306,000£22.3m | £17,522,000£17.5m | £23,868,000£23.9m | £18,189,000£18.2m | £9,075,000£9.1m |
| Other expenses | - | - | - | - | - | - | £4,644,000£4.6m |
| Profit on player sales | £71,841,000£71.8m | £72,010,000£72.0m | £9,206,000£9.2m | £43,861,000£43.9m | £63,088,000£63.1m | £58,396,000£58.4m | £38,330,000£38.3m |
| Operating result | -£8,984,000£9.0m | -£77,493,000£77.5m | -£73,611,000£73.6m | -£21,846,000£21.8m | -£59,323,000£59.3m | -£15,957,000£16.0m | £4,253,000£4.3m |
| Pre-tax result | -£19,430,000£19.4m | -£89,530,000£89.5m | -£92,496,000£92.5m | -£33,097,000£33.1m | -£67,284,000£67.3m | -£20,246,000£20.2m | £1,579,000£1.6m |
| Wages to revenue | 101.7% | 116% | 79.8% | 80.8% | 98.5% | 80% | 69.9% |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Leicester City paid £107m against £105m of revenue, so 102p of every pound went back out as pay.
League One revenue
The 14 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Leicester City make?
Leicester City turned over £105m in 2023/24.
What is the Leicester City wage bill?
Leicester City paid £107m in staff costs in 2023/24, which is 101.7% of revenue.
Do Leicester City make a profit?
Leicester City made a pre-tax loss of £19m in 2023/24.
The accounts behind these figures
Company number 04593477. Every set of accounts read for this page.
- 2024/25 accounts
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
Contains public sector information licensed under the Open Government Licence v3.0.