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Leicester City, under the management of Enzo Maresca, secured a significant victory in the Championship, defeating Norwich City 3-1, a win that propelled them back to the top of the league standings by a point. This triumph was highlighted as Leicester's second league win in their last seven matches, marking a crucial moment in their promotion race. Meanwhile, the financial aspect of Leicester's operations came under scrutiny as the club announced a pre-tax loss of £89.7 million for the 2022/23 season, the final year they were in the Premier League. This financial loss comes in the backdrop of the club being charged by the Premier League last month for breaching Profit and Sustainability Rules (PSR). In contrast, Brighton and Hove Albion announced a record profit of £122.8 million for the same period, setting a new benchmark for English football clubs, alongside extending CEO Paul Barber's contract until 2030.
Leicester announce £89.7m losses for 2022/23 and will likely need to sell players before 30 June to avoid further charges. It follows £92.5m losses for 2021/22. #LCFC have already been charged for PSR breaches by the Premier League, and have questioned whether the EPL or EFL has… https://t.co/28iRqCPuSD
A terrible set of financial results for Leicester City - £89.7m loss in 2022/23 despite £74m profit from sales (mainly Maddison). Wages of £203m (over 13 months) compared to £127m (over 12) for Brighton. Explains PSR charge https://t.co/UON7VFE64X
Leicester have reported losses for the 2022-23 season. This comes after the Foxes were charged last month for allegedly breaching profit and sustainability rules (PSR). #BBCFootball
Leicester announce £89.7m loss as delicate financial picture is laid bare https://t.co/AGqcil3kZ2
BREAKING: 🚨 Leicester announce pre-tax loss of £89.7m for 2022/23 - the final year they were in the Premier League, and the period for which they have been charged by the PL for breaching PSR rules. https://t.co/pbW2C5KbpX
BREAKING: @LCFC made a loss of £89.7m in the year ending June 2023 - the season in which they were relegated from the Premier League @ITVCentral https://t.co/PzFnwiG98N
Brighton and Hove Albion have set a new record for the largest profit made by an English football club of £122.8 million last season. Read more ⬇️ https://t.co/bI2D2p3Ot5
🔵 Brighton officially announce profit of £122.8m after tax in their latest set of financial figures. It doesn’t exclude the transfer fee received for Caicedo or Robert Sanchez. 👔 CEO Paul Barber has also signed new deal until June 2030. https://t.co/5V5okMnOqD
BREAKING: Brighton announce profit of £122.8m after tax in their latest set of financial figures with figures not including the transfer fee received for Moises Caicedo or Robert Sanchez. https://t.co/tKj0MQOmp0
Record busting profits of £122m and a new deal for CEO Paul Barber on the back of a historic season. Brighton are a model football club. https://t.co/6If4lN69Vs
New contract for Brighton chief exec Paul Barber until 2030. #BHAFC https://t.co/PMKYeM39dh
Brighton post largest profit ever made by an English club of £122m - even without cash from Caicedo sale. Chief exec Paul Barber agrees new deal until 2030. https://t.co/BW4p0kEahx
Brighton reveal an annual profit of over £120 million. That's a jump of nearly £100 million and a Premier League record for all clubs as they try to balance good housekeeping with Roberto De Zerbi's desire for squad strengthening. #BHAFC https://t.co/QJXWqj70ZL
Leicester Tigers have been hit with another salary cap breach for payments not declared in the 2019-2020 season. This comes two years after Leicester were fined £300,000 which the Premiership has stated was a seperate incident. https://t.co/kURuVpUu5W
Leicester Tigers handed £47,000 fine for salary cap breach in 2019/20 season https://t.co/Felsdq6L5p
Leicester Tigers have paid an 'over-run tax' from Premiership Rugby relating to a breach of salary cap regulations during the 2019-20 season, it has been announced. https://t.co/5T54MdlrGk
Leicester Tigers have been fined £47,000 for their latest historical salary-cap breach which occurred in the 2019-20 season ✍️ @CRichardsonTel #TelegraphRugby
Leicester revive EPL promotion bid with comeback win over Norwich. 😤 https://t.co/xiuQk8uKtL https://t.co/pFzXDhgLYG
Leicester fined for breaching salary cap rules in Covid season https://t.co/e2fphVIvcv
Second overspend from @LeicesterTigers ;In 2019/20 £47,136.91 following in March 2022 an over-spend by Leicester Tigers of £98,586.32 for salaries. https://t.co/KTeFBM1GiD
🐯 A reminder that Leicester have already been fined £310,000 for non-compliance with the salary cap between 2016/17 to 2019/20. They were previously fined £73,586.32 in the 2019/20 season. https://t.co/dYqwFlfFfT
I actually really enjoyed this! Big, deserved win for Leicester. Norwich had their moments but never showed up for the second half. I'll do it again for more of the football in future. https://t.co/bJU9HLwcOZ
🐯 BREAKING: Leicester Tigers breached the salary cap by £47,136.91 in 2019/20. They will be fined £1 for every £1 overspend.
Leicester Tigers can confirm the club has accepted and paid an overrun tax from Premiership Rugby relating to the Salary Cap spend during the 2019/20 season. ℹ️ https://t.co/PQ1DaE4qff https://t.co/Jtf0JUsgTE
Leicester City 3-1 Norwich City: Foxes earn important win in promotion race https://t.co/pyvQEvwTK0
FULL TIME: Leicester lead the Championship by a point after a vital win over play-off hopefuls Norwich! https://t.co/rYxKSZ4WiA
Leicester City are back at the top of the Championship! #BBCFootball #efl https://t.co/YhU9jk0my8
Leicester City return top — for now. Enzo Maresca's team come from behind to beat Norwich City 3-1. It's just #LCFC's second league win in their last seven. #LEINOR 🎥 @SkyFootball https://t.co/4OxgAc6zTY
Norwich City's FIRST SHOT OF THE GAME 🔥 Leicester are behind again! https://t.co/PjgbNNqw01
Leicester v Norwich: Championship – live https://t.co/0Sz3kcL0h4
Leicester's latest loss dents bid for EPL return. 😔 https://t.co/TzMxM2fSeq https://t.co/IP6xHJsUKT
🗣️ "The one thing you want to bottle up is confidence" Paul Merson discusses how hard it'll be for Leicester to get some momentum back following their loss to Bristol City 🔹 https://t.co/azvDYLkmkq
"Top keeper, he kept us in the game" 👏 Anis Mehmeti and Max O'Leary react to a big win for Bristol City over Leicester City! 🔴💪 https://t.co/j8R0yisu3G
🗣️ "They are human beings" Enzo Maresca discusses Leicester's form ahead of the game against Bristol City 🦊 https://t.co/PnMMQAetx2