As Het Nieuwsblad reported, OH Leuven, the sister club of Leicester City, has announced continued financial losses. The club’s annual deficit stands at €18m, bringing the total loss since being acquired by the Thai owners of the English side to €87m. Despite these significant losses, the club’s owners have continued to inject funds to ensure its viability and prevent it from folding.
However, the owners may be questioning the return on their investment. While the financial support helped OH Leuven secure promotion to the Belgian Pro League, they now face the risk of relegation back to the second tier. Victories over Genk and Westerlo have lifted them out of the bottom four, but they are only ahead of Charleroi on goal difference, with equal points and games won.
The team’s fate will be decided in the remaining matches of February. They are set to play against struggling teams such as Standard Liege, Charleroi, and RWDM before challenging Union St Gilloise and Club Brugge. Their final home game will be against KV Mechelen, and these matches will determine whether they can maintain their position in the league.
