foxinsocks

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

Where?

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

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

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

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

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.

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.

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

It was on his cv

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

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.

Where is he now?

Any raider like ashley or amercans will be thinking about it. The distress signals are there. Kp look distressed so may be glad to monitise their assets. The challenge comes from the clubs cost base... and if relegated the financing for a year (or two) in div1. Key to this is losing the high earners. (I wonder if we trigered the winks extension yet. Might be better to wave him goodbye.) Re the ft reform group, it now has control of the trust... but the trusts 40k wont help. However any acquirer would want the trust onside. I am interested in a group of fans with the right skills to work with finance providers. I think pe etc would be wary of a democratic trust as a major partner... but would want their support. I think an approach from a consortium including finance could work with kp on diligence. Kp would be keen to see if solutions exist... The club is not worth more than the financr it can service. That could be zero... but if that allowed the club to lease the seperately acquired assets then atleast kp would monituse the ground and seagrave. If anyone is serious enough to investigate this then please dm me.

Agree. I am sure kp want it gone. I was wondering if this should be before administration. That would ensble kp to convert the ground and seagrave to cash also. A pe could buy the club... and also the assets and then have the club lease them . EG buy assets for 25mill and then lease to club for 2.5 mil pa. But operating the club requires a sustainable plan.... and admin might be the way to get ridof high earners

Conrad something

If i was the owner i would do it on relegation... to let high earners go

I am tryimg to imagine if a raider would be better to take the club off kp's hands now or wait untill administratiom. There dont seem to be big creditors to shake. My hunch is that kp would look at a bid for the club and assets like the ground and seagrave. Ashley will be assessing it. I wonder if fans and Pe could make an offer. The hard part would be a sustainable plan... that would require shaking the high earners.