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Leicester City hit with fresh cash demand as new EFL rule set to be passed

Leicester City’s financial picture is already a worry for supporters but the Independent Football Regulator is set to bring in a new rule that could help out struggling football clubs…

By Daniel Orme · Leicester Mercury

Published: Friday, 13 November 2026 at 10:50 AM

Key Things to Know

A proposed regulatory rule will mandate EFL clubs, including Leicester City, to set aside emergency financial reserves.
Depending on the assessed risk level, Leicester City could be required to hold between £11m and £36.5m.
Required reserves can comprise cash, government bonds, money market funds, or certain future transfer receipts.

The Story in 60 Seconds

English football's independent regulator plans to introduce rules requiring EFL clubs, including League One side Leicester City, to maintain emergency reserve funds. Under proposed guidelines, clubs will be classified by financial risk and mandated to set aside cash, government bonds, or money market shares to safeguard operations if owner funding drops.

Depending on risk ratings assessed via debt, solvency, and cash flow, Leicester City could be required to secure between £11m and £36.5m. The plan faces a six-week consultation, with club assessments beginning by 2027 and full compliance mandated by 2030.

Read the full article on Leicester Mercury