Tommo

I'm definitely in agreement that "Top" is an idiot

Isn't this just a renewal of the loan facility with macquarie? I.e. they agree to loan us up to a maximum of £Xm for a period of Y months? 

Just because they agree to loan us up to a maximum of £40m, it doesnt mean that we've borrowed and are paying interest on £40m. You pay interest on how much of that facility you've drawn down. But having the full value available to you should you need it just gives the club peace of mind that they've got the cash to hand all year if they need it.

That said, I haven't read the terms so could be wrong.

For anyone who’s into spirits or just LCFC in general, I thought I’d drop a quick note on here.

We’ve teamed up with the club to create two exclusive 1884 rums – crafted right here in Leicestershire by our distillery, Lazydog.

Both rums are now available to pre-order online, and they’ll soon be hitting the shelves in the club shop and on the LCFC website.

We’re also planning a little tasting session at the club shop on Saturday afternoon (time TBC), so if you fancy trying them out, keep an eye out for details!

For now though, Batch 1 rums available for pre-order on our website here:

1884 Rums

Cheers! 

He's gotta go

Leicester fail to win either of their last two games, losing both games 5-0.

(Not the comically absurd bit)

Brendan Rodgers who is a smartly dressed pundit, accepts full responsibility at full time, unreservedly apologises to anyone remotely associated with the club and offers to reimburse every season ticket holder the cost of next seasons ST from his severance payout.

Just now, Clever Fox said:

So what am I missing here. I thought the Owners were worth close to 2 billion.

 

I understand they need to concentrate on the core business KP.

Even with Covid you would be awhile burning through that much cash. 

Or is it that after the tragic death of Vichi the Family aside from Top has stepped back from the Club. Which is reasonable to understand. And would explain the reduced funding available.

there's a big difference between being worth 2bn and actually having 2bn in liquid cash ready to deploy.

i'd imagine the vast majority of their reported wealth is down to the fact that they own 100% of a business worth £xbn.