Leicester report $112M loss in relegation season
Briefly

After a sustained period of growth and success for the club during the last decade, the 2022-23 season was a significant setback, the consequences of which will be felt for some time,
A season of such significant under-performance on the pitch presents financial challenges, particularly from the perspective of the game's current Profitability and Sustainability rules.
Premier League clubs are allowed to lose £105M over three seasons.
If found guilty, Leicester could become the third club to face a points deduction for breaching Premier League spending rules after Everton and Nottingham Forest.
Read at ESPN.com
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