Leicester City recorded profits of £80m after taxLeicester have posted record pre-tax profits of £92.5million for the year ending May 2017 - more than Chelsea and Liverpool. After qualifying for the Champions League for the first time in their history by winning the Premier League title in 2016, the Foxes recorded profits of £80m after tax. it means an increase of £76.1m on the previous year's profit of £16.4m, and £77.2m more than Chelsea (£15.3m) and Liverpool (£39m after tax) in the same period. Leicester recently announced the purchase of the former Park Hill Golf Club with a view to developing for the club's new training ground complex, with an estimated cost of £80m. Leicester reached last season's Champions League quarter-finals"That experience has strengthened the resolve of all involved with the club to qualify for European football again," said a Leicester statement.

Source: Sky sports March 02, 2018 18:11 UTC