City announce record profit of £26.4m

[Brown Nose]

http://www.leicestermercury.co.uk/Leicester-City-black-26m-profit/story-28848176-detail/story.html

 

[fitz]

http://www.leicestermercury.co.uk/Leicester-City-black-26m-profit/story-28848176-detail/story.html

Should've invested it in another 66 Mahrezs

 

[Brown Nose]

Some more detail: http://www.lcfc.com/news/article/leicester-city-fc-financial-results-201415-2985593.aspx

 

[pork pie fox]

Good.

 

[Lako42]

Well that makes a nice change.

Free season tickets all round

 

[Mike - True Blue Tinter]

So that is pre-tax profits. We do not have Mandaric here any more, so will we have to pay taxes now?

 

[Real Sharapova]

So that is pre-tax profits. We do not have Mandaric here any more, so will we have to pay taxes now?

The accounts haven't been lodged at Companies House yet, so I can't check this, but it's most unlikely corporation tax will be payable, as losses made in the past can be set against the 2015 profit and also for future years as well.

 

[TornadoShaunUK]

No surprises here. Imagine what riches they could be in for next year with the extra televised live games we've had, possible Champions League qualification, higher placed finish and next year the new bumper TV deal

 

[Lako42]

No surprises here. Imagine what riches they could be in for next year with the extra televised live games we've had, possible Champions League qualification, higher placed finish and next year the new bumper TV deal

And I paid £50 more for my season ticket, don't forget the huge impact of that on club finances.