This summer’s transfer market has been “difficult” according to manager Brendan Rodgers of Leicester City.
Despite several prominent players being linked with moves, the Foxes have yet to make any acquisitions, and Newcastle’s £40 million offer for midfielder James Maddison was turned down.
According to Rodgers, the team must carefully manage its finances.
“What has changed is my knowledge from a financial perspective,” Rodgers said.
Rodgers continued, “I became aware towards the end of the season that the club would have to balance its books, then of course that becomes very difficult. He is not a player we want to lose.
“This club will not look to spend money they don’t have and that is where the club is stable and they will always be very sensible.”
Last season, Leicester finished in eighth place in the Premier League, four points outside of the European places.
In the Europa Conference League, they advanced to the semifinals before falling to Roma.
Although Rodgers claims he would be content with the same team this year, he acknowledges it will be challenging to contend for trophies given his main objective of making it to Europe.