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St Etienne using Leicester Fofana cash to 'stabilise' finances

St Etienne plan to use the cash raised from Wesley Fofana's sale to Leicester City to 'stabilise' their finances.

Leicester have coughed up €35m to prise Fofana away from ASSE after months of negotiations.

RMC says only €10m of that fee will be available to replace Fofana, with the remainder going towards the club.

Local restrictions on fans at stadiums and a reduction in TV money has meant ASSE found themselves in a position that they needed to sell.

Fofana's fee will now be used to cover shortfalls in other areas of the running of the club.

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