Ex-Everton executive Keith Wyness suggests that Leicester City will part ways with several key players in the upcoming summer to comply with Premier League financial regulations.
During a recent episode of Football Insider’s Inside Track podcast, Keith Wyness, the former CEO of Everton from 2004 to 2009 and currently operating as a football consultant for top-tier clubs, expressed concerns about Leicester City’s situation.
He highlighted the risk of the Foxes losing their “home-grown” talent and emphasized the potential loss of value as players are sold prematurely. Leicester recently faced charges for breaching the Premier League’s Profitability and Sustainability Rules, despite their current status in the Championship.
The club’s financial records suggest a significant loss over the past three years, which could result in a points deduction if they return to the Premier League in the future. Among the valuable home-grown players at Leicester, names like Kiernan Dewsbury-Hall, Hamza Choudhury, and Kasey McAteer stand out.
Wyness suggests that Leicester might be compelled to offload players this summer in order to uphold the facade of complying with the Profitability and Sustainability Rules (PSR).
Wyness, speaking on Football Insider’s Insider Track podcast, highlighted Wout Faes and James Justin as two other highly valued assets within Enzo Maresca’s squad.
He expressed concern over the impact of the charges and potential points deductions on players’ futures, noting that these sanctions create uncertainty that prompts players to reconsider their staying plans.
According to Wyness, discussions with agents have revealed that players are now contemplating moves due to this uncertainty and the need to prioritize their own interests. He emphasized that clubs like Leicester may end up losing valuable assets, particularly home-grown players, who are being sold prematurely, leading to a loss in their market value.
This situation, Wyness suggests, may force clubs to sell players to uphold the appearance of compliance with PSR regulations.