“Leicester City Swimming in Cash! Set to Splurge BIG on Jaw-Dropping Summer Transfers!”

Leicester City have secured another loan from Australian bank Macquarie as they prepare for the upcoming Championship season.

This latest financial move, filed with Companies House this week, continues a long-standing arrangement between the club and the bank.

The loan is backed by Premier League funds owed to the club through to June 2028, including parachute payments following their relegation.

These payments, which are distributed intermittently, have previously been used to support the club’s cash flow and financial operations.

The timing of this loan suggests it could assist Leicester in navigating the summer transfer window, where they are yet to make any new signings.

Over the past decade, City have regularly relied on Macquarie loans, typically secured against future Premier League revenue or pending transfer fees.

Often, Leicester negotiate player sales in instalments, but use loans to access the full amount upfront.

This strategy was used for several high-profile exits, including Kiernan Dewsbury-Hall’s £30 million move to Chelsea last summer.

This marks the club’s second loan of the year with Macquarie, having taken out a similar agreement in January, also backed by Premier League payments due until mid-2028.

Now back in the Championship, Leicester face a significant drop in income, particularly from broadcast and sponsorship revenue.

During their last stint in the second tier, turnover fell by £72 million compared to the preceding Premier League season.

Despite their relegation, Leicester will still receive around £117 million from last season’s Premier League broadcast deal, which will help cushion the financial impact.