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Leicester City set for cash boost with Premier League closing in on agreement

City are set for a big boost with Premier League clubs agreeing a deal

By John Cross · Leicester Mercury

Published: Tuesday, 13 October 2026 at 4:17 PM

Key Things to Know

A financial deal agreed by Premier League clubs will provide EFL sides including Leicester City with a cash boost.
The Independent Football Regulator warned English football is facing financial disaster due to widespread insolvency and over-reliance on owners.
The regulator's report revealed nearly two-thirds of EFL and National League clubs are technically insolvent.

The Story in 60 Seconds

Premier League clubs have agreed to a financial package that will provide an essential cash boost to EFL sides, including Leicester City, pending final approval. The breakthrough follows an update from the Independent Football Regulator warning that English football faces financial disaster without intervention.

The regulator's State of the Game report revealed nearly two-thirds of EFL and National League clubs are technically insolvent. The proposed deal aims to improve financial sustainability across the pyramid and reportedly includes scaling back parachute payments.

Read the full article on Leicester Mercury

Leicester City set for cash boost with Premier League closing in on agreement

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