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Leicester City’s transfer mistakes exposed as player value drops by a whopping £74m

The CIES Football Observatory has been assessing Leicester City's transfer numbers and it's not great reading…

By Josh Holland · Leicester Mercury

Published: Thursday, 29 October 2026 at 10:50 AM

Key Things to Know

CIES Football Observatory data shows Leicester City suffered a £73.6m drop in player value and transfer deficits since 2021.
The club incurred a £17.5m loss on departed players and a £56m value depreciation on current squad members.
Profits from sales like Wesley Fofana and James Maddison were wiped out by losses on players including Patson Daka and Youri Tielemans.

The Story in 60 Seconds

According to the CIES Football Observatory, Leicester City has suffered a joint loss of approximately €88m (£73.6m) in player value and transfer business since 2021. The calculations reveal an estimated €21m (£17.5m) loss on transfer fees for departed players, alongside a €67m (£56m) depreciation in current squad value as the club fell to League One.

While Leicester generated profits on sales like Wesley Fofana and James Maddison, those gains were undermined by major losses on players such as Patson Daka, Conor Coady, Danny Ward, and Youri Tielemans. In England, only Tottenham Hotspur and Manchester United registered larger net deficits over the same evaluation period.

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Leicester City’s transfer mistakes exposed as player value drops by a whopping £74m

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