Looking at their business from afar, it looked as though the Foxes had been shrewd during the past couple of windows.
In the summer, they cashed in on some key players including James Maddison and Harvey Barnes, with those two and Timothy Castagne generating the Midlands outfit a sizeable amount of sale revenue.
They did spend some of that revenue on new additions, with some valuable players including Conor Coady and Harry Winks both arriving at the King Power Stadium.
But they didn’t do much business in January.
Leicester City’s potential financial fair play battle
Those who haven’t looked deeper into Leicester’s finances would have thought that the club would be in a strong financial position at the moment, in terms of abiding by financial rules.
However, the EFL suspected that the club would breach their profitability and sustainability rules for this season and tried to get Enzo Maresca’s side to produce a business plan.
In the end, the EFL were unsuccessful in their quest, but it has been reported that the club could face a points deduction next term.
Jamie Vardy reacts in four words to Leicester City’s win over Sunderland
Jamie Vardy was back amongst the goals as Leicester beat Sunderland on Tuesday
The phrase ‘points deduction’ isn’t new in football, with Everton already receiving a 10-point penalty this term before it was reduced to six and Nottingham Forest potentially set to have points docked too.
