![]() KPMG’s annual football club valuation league table puts Leicester 16th in the list of most valuable European clubs, while Deloitte puts the Foxes in pole position among British clubs, based on turnover. Leicester City chairman Vichai Srivaddhanaprabha after the takeover of the club in 2010. Having said that, income was boosted by increased gate receipts, global merchandising and TV money. Oddly, Leicester’s most successful season resulted in a drop in profits to £16.4 million – reflecting the increased overheads, higher salaries and bigger bonuses that go with such big success. More importantly, the team’s on-pitch success has cemented the club’s long-term financial outlook under the ownership of Vichai Srivaddhanaprabha and his King Power International duty-free brand. Nevertheless, the Foxes’ previous success helped to put Leicester on the global map and gave them an exciting foray into European football, which saw them reach the quarter-finals of the Champions League. ![]() In fact, the latter end of the season was a bit of a struggle which resulted in the previously sainted Claudio Ranieri leaving the club. The chances of Leicester City’s 2016-17 season matching the triumphant heights of the Premier League-winning season were always slim. ![]() It was always unlikely they would do it again. 1 (1) Vichai Srivaddhanaprabha £2.8bn (£1.9bn)
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