A notably quiet Leicester City Football Club have at last started to stir in the transfer market. Regrettably, that doesn’t quite mean the Foxes have been recruiting new players.
My apologies, I stand corrected—we did secure the notable free transfer of Asmir Begovic, to be fair. All jesting aside, City have now offloaded two previously key players.
Moreover, an additional two highly valuable City assets might also depart. If my calculations are correct after tallying it up, the potential earnings could reach up to £70 million in incoming revenue.
Will the leadership of the East Midlands club subsequently approve the acquisition of one or more high-caliber signings or loans? Leicester could pursue Callum Doyle and Dapo Afolayan with the funds.
Leicester to generate £70m+ in revenue?
In the words of Sheldon Cooper, “I’d like to do the math!”. So let’s break down what’s occurred and what journalists anticipate will happen. Firstly, skilled goalkeeper Mads Hermansen transferred to West Ham United for roughly £20m, assuming these ‘tough add-ons’ are triggered.
Midfield powerhouse Wilfred Ndidi has moved to Turkish side Besiktas, carrying an apparent £9.5m valuation.
Now, the trickier matters, so please bear with me. Bilal El Khannouss could fetch up to £30m, though Leicester’s Blue Army supporters are reluctant to see him leave.
Reports also suggest Caleb Okoli’s future is uncertain. The Italian is reportedly attracting attention from Serie A club AC Milan. He initially cost the King Power side around £13m.
Targeting Callum Doyle and Dapo Afolayan?
“Norwich City, Leicester City and Coventry City lurking in Callum Doyle chase” (FLW)
If you total those potential sums, LCFC could amass a financial reserve of about £70m. Setting aside Profit and Sustainability regulations for a moment, we can never be entirely certain of LCFC’s financial position.
“Leicester City, West Bromwich Albion, Blackburn Rovers and Swansea City are among the clubs who have expressed an interested in the winger.” (Hayters)
Regardless, Doyle and Afolayan are both seemingly on City’s list of desired targets. Manchester City’s adaptable defender is familiar with Leicester and widely respected. He could potentially fill Okoli’s role, though the following report suggests otherwise.
“Leicester City are unlikely to spend much – if any – of the £30m banked in the past week, Football League World understands.” (FLW)
Meanwhile, the St Pauli winger reportedly has a similarly large pool of admirers. He’s been dubbed ‘the next Jay-Jay Okocha’. No pressure, then!
The Foxes are also apparently interested in Sebastian Tounekti and Yari Verschaeren. LCFC could realistically secure a few targets and retain some funds. But I wouldn’t count on it; it’s shaping up to be a frugal summer for Leicester this year. Frugal, frugal, frugal.