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FoxFossil

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Everything posted by FoxFossil

  1. Once got beaten up in front of Coppers after we beat Leeds at Elland Road. Vowed never to go back, and never have. (40 years) Hate the town, hate the people.
  2. I didn't say KP out, and they have been great owners, and could be again. KP removed Top as chair of KP, who actually own LCFC, as KP is in Thai administration, due to mismanagement. So my question was why is he allowed to run LCFC, when he is judged not fit to run KP?
  3. Two simple things to do. Move back to Belvoir Drive, mothball seagrave immediately. Sends a message. Take down 'Foxes never quit sign' before trading standards fine us.
  4. Yes, yes, yes. Need to have a plan in place for when club goes into administration in 18 months. Top can save face by selling ( for£1) to community. Government, PL and EFL would be very embarrassed if club goes bust whilst there is a credible community ownership offer on the table. Quite liked Fosse two tone blue squares kit.
  5. If Sunderland guy is right, dramatic cost savings needed asap to save club from going bankrupt in 18 months. Step 1. Moth ball Seagrave immediately, reduce staff, and return to Belvoir Drive. Saving c£10m-£15m. This also sends a wake up call to players. Step 2. Shut down womens team. Really bad but this is where we are. Saving c£3m - £5m Step 3. Slash remaining staff including Rudkin. Saving c£2m. Total savings against running costs c£20m/ yr in addition to reduction in high wages. Step 4. Sell Fatawa £15m, Monga £10m, Anyone else £5m. Total to pay towards cutting loans £30m not running costs, hence reduced interest payment which were based on income streams now gone. Step 5. Anyother bright ideas? All the above before league 1 campaign begins, in hope of making club a going concern and mildly attractive to buyers.
  6. Sunderland Guy in podcast, based on them, said club value in PL about £300m, £50m in Championship, and £20m in League 1. With one year PL parachute payment, means we've got about 18 months before value is less than debts, which means administration. If he's right then a community/ fan buy out becomes possible, and imo we need to plan for that as otherwise we are wound up. Hope for the best, plan for the worst, as Jack Reacher says.
  7. Don't think owners KP are idiots. Rather they are in the equivalent of administration. The deal to survive means client airports get a big chunk of any profit, means there is no cash for ego projects like owning a football club. Waste of time imo a demo against Top - he is not the owner. More likely imo to get a result if fans can lobby KP administrators that Top does not have the necessary skills and should be replaced as Chairman after all this is exactly what they have done at KP patent company.
  8. At what point does the new Football regulator step in and ensure Top is removed, as he his clearly not 'a fit and proper person' to run a football club.
  9. Tall oaks.... Simply this, do we just await administration and then let the club fold (see Bury for that plan). Or do we lobby Regulator, MPs, Sports ministers etc with the message ' Do you want recent league champions to fold on your watch, under your leadership?' See no point in talking to KP administrators without a clear, funded, rescue plan in place before Top drives us off a cliff with no-one at the wheel. Top is not in control of events that are unfolding and he doesn't own LCFC. Guess is KP administrator would be glad to see the back of LCFC, so might be more affordable than people think. At least pressure might get them to appoint a different chairman which they have done with KP, after recognising Top is not capable.
  10. Wonder if the Trust could start to come up with options for a Business plan to save the club. Clearly the current regime don't have one. May need to plan for Community ownership model when KP leave/ go bust. Once the administrators are in, they are constrained in what they can do. A sell out to 'the community' would allow the Nepo to save face.
  11. Used to have a Goat there once.
  12. OHL in bottom of their league, LCFC women bottom of Womens league, LCFC in relegation battle to avoid Div1. Wonder if there is a common factor here? Need John Rudkin to undertake a review.
  13. Increasingly of the view that the stadium expansion plan, was a paper exercise to boost the book asset value of the club. Land with planning permission for a hotel is worth more than than land without. Speculative developers do this all the time. Might help to make the club more saleable, which is a good thing. Problem might be the ground and site might be worth more for building than as a football club with owner in administration.
  14. Aiyawatt is a minor shareholder. If KP go bust, we go bust. If KP are basically in administration and Top was forced to step down by administrator of KP, wonder how bad KP get before administrators start to look at stripping out non-core activities, such as oversea football.
  15. Are King Power International Ltd registered as a UK company, subject to UK trading law, or registered overseas? With years of massive losses, bailed out by loans, at the club, is LCFC still a 'going concern', and what is the trigger for administration?
  16. The Administrators will sell in a fire sale of assets once King Power go bust, and the club is in receivership, in 18 months, after a year in Div 1. No one will buy it before then, when they can get it for virtually nothing.
  17. God yes! No bottlers in that team. What we wouldn't give for a few of these today. 39k in Filbert street - in Kop, but my feet barely touched the ground. Happy days.
  18. Totally love this. Unfortunately Ayew always either on the deck or facing away from goal, so will miss this.
  19. Good thinking John. Save some cash, we're getting relegated anyway.
  20. Seagrave only has value if somebody is prepared to buy it or part of it. Same as the club, may have a negative value ; huge running costs, change of use to housing unclear. May cost more to convert/develop than its worth. Developers often see value in land, but less so structures. Debate can be resolved by going to the market and see what offers come in. If club is in administration then a fire sale to asset strippers results. Better to try and secure some value whilst there is some imo.
  21. Seagrave is an asset that could be sold/ made sustainable. Need to subject it to 'soft market testing' where you sound out major developers/ hotel chains etc to determine its value in the market. Could be redesigned/ part sold to retain core sporting requirements. If no interest from others, it really has no value, and the books should reflect that.
  22. Seagrave-on-sea. Posh hotel there, only for Footballers.
  23. Looking like we'll be back watching The Fosse on Viccy park in 18 months.
  24. If I was Andy King, I'd quit tonight, to preserve what reputation I have. Sometimes walking away is the only option.
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