foxinsocks

8 hours ago, Nolucklcfc said:

For a free tier membership we should have thousands … bizarre people don’t bother. 

There is a group who believe that nothing will change the club.
 

There is a group who think the trust is against the club and so wont participate.
 

This is rubbish -  if we do nothing then the the club wont change - so doing something gives the club  the right message.  The trust represents all fans and all views - if you think KP are great then say so... you may be in a minority... but is important for such a minority to be counted.

43 minutes ago, Mike Oxlong said:

Prem League "star" is a bit of a stretch 

he played for stoke

https://www.thesun.co.uk/sport/39038093/prem-league-star-booze-rampage-shop-damage/

1 hour ago, Tommy G said:

It's a great opportunity for Top, the new CEO and Rudkin to deliver a structured joint statement on what has happened, what they intend to do and the direction of travel. There literally isn't a better opportunity than now. If they don't, then it's another big own goal. 

The new Md is the old FD. A man who lost control of the cost base avd breached PSR.  Another promoted fpr failure

Anthony herlihy is the architect of the FEF which has failed.  Never has the gulf  between club and fans been to vast.

He is the mastermind behind Top's pr that has left Top lookinh naive and foolish.

He is way out of his depth.  Tops relationship with fans will not improve with herlihy in situ.

2 hours ago, LcFc_Smiv said:

https://sentinelsportsgroup.co.uk/leicester-city-structural-failure-league-one/

 

Haven't had chance to read this yet, but they usually put some brilliant well sourced pieces together. I imagine it will make a pretty tough case to argue against for those who still back the hierarchy.

This is a good read.

It shows how costs have been out of control and Psr has been breached.  Yet kevin davies has been promoted from FD to CEO.

I am writing to Top. He has to realise that he can not rebuild his relationship with fans  while kevin, rudkin and herilhy are in place.

If anyone knows monica's email address then please dm me

5 minutes ago, UniFox21 said:

 

 

Gaz talks about us for a little here, first sentence was about Rudkin needing to be out and him worming his way up the club 

Where?

8 minutes ago, Stavros81 said:

I find it quite disturbing that he’s not gone yet. 

If top imagines a future relationship with the fams he has to cast rudkin off

22 minutes ago, The boy Linacre said:

Just done, takes a few mins, BUT we have to grow a group that will influence & affect change.

Though not quick or effective for some, an organised large group of fans is the only way the club ownership will listen.

The time taken to fill in the survey, reinforces your commitment to YOUR club, Top, Rudkin, Davies AREN’T listening.

His apology was farcical & it’s a VERY long road back.  Let’s give the Trust as much support as we can.

Worse...  the clip of Top with fans showed monica believimg that the FEF is the way forward.

They are hiding behind the FEF.  Anthony has achieved the largest gulf ever... yet top clings to anthony and rudkin.  Is he so dumb he cant see they are ruining him?

Rudkin has pulled tops pants dow 

signing ryan bennett

1 hour ago, Mapperleyfox said:

Jon Rudkin, effectively an academy coach, wholly unqualified in all things business, is effectively responsible for running our multi million pound football club and is given free reign by the absent owner to do what he wants without repercussions. Let that sink in....

Well - let's look at his record over the last 5 years... we have the highest wage bill in the championship and yet we are bottom - we have had no money to add to the squad as we have a load of players paid so much we cannot move them on.  Top has relied on Rudkin - yet it hasn't worked has it.  he has mad Top look like a mug

So... what have we learnt?

Or more to the point... what has king power learnt?  They cant be happy to have spent so.much and see things go so wrong.  Yet there are no signs that they have learnt anything.

a new board to bring credibility ; reduce the player  wage bill asap; reset the whole FEF; hire coach to build squad of hard working players

1 hour ago, jammie82uk said:

Will be interesting to see if when the seemingly inevitable outcome happens and we go down will the relegation clause kick in to reduce the wages again or will the clause only apply to relegation from the premier league 

I expect most players had a clause to reduce wages when relegated from the prem.  Yet to survive we can not rely on kp.  So we need to lose sone high earners.  If we triggered winks' extension we must sell him at any price

19 hours ago, CosbehFox said:

This is a conclusion I’ve come to. There’s a massive silent majority who’ve just given up 

Ww need to reach out to these disaffected folk.  They hace to remember how it used to be.  They have to say they wabt more from the board....   why is faikure rewarded? Why wont good cabtidates cone to oit ckub? Why is money wasted?  Why is the the club so controlling? 

We should appeal to foll to protest to say they expect better

When he furst came on the scene he was good at coming fir crosses.

Yet now he hesitates.

Yesterday a ball came across the 6yd box that should be his.

Their second goal was a case in point. A ball to the back and their tall guy won it easily.  Yet the goalie had come halfway and stopped... so the ball looped over his head and into thefar corner.  If he had stayed on his line... he would have saved it easily.

Basically he came half way to a ball he was never going to get.

10 hours ago, 1884HF said:

A trust that represents the fans - amazing but its a shame its took this long - great future ahead

We tried to go faster but this required a rule change that we could not achirve... i am greatful for those who joined the trust and patiently waited for our time to come.

Yet  it is not over, we still face many petty obstacles.... and we need to guard against those who want to be cozy with the club.   

To get blue water fans should join the trust (membership is half price plus consessions including young adults and unwaged).  We need to pour concrete on the progress we have made.

11 hours ago, Sly said:

Any sense, would see it being June 2026 if relegated. Take the points deduction this season and accept the clean slate for next season in League 1.

 

Good chance we don’t come back up, however will have a platform to restart and rebuild.

I guess the club in administration would cause kp to write off the loans (i expect they are worthlrss anyway).  Buy if i were kp i woukd find a buyer rather than seek admin.  That way they can sell the ground and seagrave to bring in much needed cash

Ryan bennet

45 minutes ago, ealingfox said:

 

Have to feel for Rudkin and co - how could they possibly have known the bloke was an injury merchant?

It was on his cv

41 minutes ago, CosbehFox said:

The line about PSR is a little head scratching the more I think about. 
 

We know that we breached PSR by £20m with an allowable loss of £83m. Over those three years our accountable loss (not PSR) was £201.6m. Which suggests a PSR ratio of roughly 2:1

Now the latest three years, same allowable loss of £83m. Our accountable loss was £180.1m. Now based on the previous verdict that would suggest the club needs to find approx £10m extra PSR head room on a 2:1 ratio. 
 

Looking forward if you do the three year period including this season, we have an allowable PSR loss of £63m. Now we are two years into the accounts and we have £90m already tallied up. A similar Championship season to the last would see £20m financial loss. So squeezing underneath the allowable loss range; albeit this season is a lot less incoming transfer money and incoming £10m off Chelsea but rather two managers sacked in the financial year. 
 

This is fag pack PSR maths. It’s far more nuanced and detailed but it looks like major accountancy work would have been required on the latest PSR submission back in December 

My poor grasp is that the psr calcs include defined income lines and defined cost lines.  So, not having big tv income might have an amplified effect and vice versa.

I think someone needs to do the psr calcs based on the public accounts

20 minutes ago, Claudio Fannieri said:

If and it’s a big if we manage to stay up then given the infrastructure and the promotion opportunity then to PE it would probably be somewhere in the region of £180m to £200m as you stated earlier, however if we do get relegated then the picture changes dramatically, the value of the club reduces by half and instead of it being a promotion opportunity and double your money sale, the challenge becomes more of a long term recovery project. 
 

the next few weeks are massive for the club not only on the pitch but also whether we are at immediate risk of administration but also what opportunities lie ahead for any potential KP / Aiyawatt exit strategy if they have one. 

The club is worth what it can afford to service.  Given its lack of earnings that aint much.  But king power will not want to keep pumping money in... so there is a compromise.  

I think the kp bought the stadium for 20m and it will be less on their balance sheet by now.  Lord knows wgat seagrave is on theur assets for.  But kp need cash and so gettibg rud of a cash burning ckub abd getting cash for asstets might be attractive.

I think a deal to take the club at a low price but offeing nook vakue fir  assets would appeal to kp.  This hinges on what it costs to run the club and lease back the assets.

1 minute ago, SkidsFox said:

Soyuncu would have been our saviour. 

Where is he now?