Ric Flair

Did we vote for this? Pretty sure it occurred in 2013/14 when we weren't yet in the PL.

I hope both manager and club are honest with one another come the summer. We'd need him to change his philosophy I'd have thought in order to maximise our chances under difficult circumstances. If he's not prepared to, then he's better to get out after hopefully a promotion and go on to another project somewhere. Our club wouldn't be that aware though, they'll just see a talented manager and find it unthinkable we'd not want him to stay.

Taking my little daughter to Leicester ladies tomorrow, usually park off Hinckley Rd with my son but as there'll only be a few thousand tomorrow is there anywhere close by to the ground I could whack it that anyone would recommend? Cheers

Doesn't explain what we were doing in the summer of 2022 if they were that blasé.

But the club presumably told Enzo differently. Potential budgets and plans would have been discussed when he agreed to join. If the plan was to throw everything at it last summer when our financial predicament wouldn't be scrutinised then he'd have known that and that January would not be a window we'd operate in without sales (anyone with a causal eye on us would know we don't sell anyone bar highly coveted players). He may well have been playing the game, he may well already be sick of being the only voice of LCFC and knew what was coming but it wouldn't be the first time a managers been kept in the dark here. Jordan Blackwell insinuated Enzo had been lied to or at the very least not informed prior to January.

I come back to this time and time again. It's the smoking gun. It tends to be ignored by many.

Brendan seemingly was too, when once again the club will have known the consequences of the actions they took in 2021/22.

Fair point, I'm just going on the overwhelming amount of fans who were the same lot spending their evenings up in arms on here and on social media at the injustice of Everton and co and now it's us there's suddenly such anger to the governing bodies for unfair rules. It's hilarious. Our priority as fans should be demanding those who are in charge of our club prove they are accountable and what their plans are to remedy this. Thats more of a priority than the sideshow of challenging the rules we have seemingly breached, which is posturing at best and delay tactics.

I know, my doomsday prediction of Rodgers and Congerton was far starker in that I predicted disaster from the off. The sad thing is, they inherited an excellent squad and we did some great things with a few regrets that it could have been better. But the devastating combination the longer they were here is all played out and the consequences along with those who were all misty eyed in charge of it means we are in ruins. It didn't need to be like this, our achievements didn't need to come with a huge crash back down to earth to pay for it like many say they'd take it had they been offered, that's the saddest thing.

Yes, we supposedly weren't going to sell Fofana. I cannot wait to see what the losses were for 2022/23 because don't forget its highly likely Maddison's sale was included in 2022/23 as well and yet we're still being told we've breached? Frightening. How on earth aren't our fans absolutely livid at this?

Another little nugget to consider is Enzo was completely in the dark, he anticipated being backed further in January despite the club knowing by then whether they'd breached 2022/23 and were on course to do the same for 2023/24. Could it be that the change by the club was because the EFL were trying to do to get our forecast (which may have highlighted we'd breach in 2023/24) rather than not finding out until the season was over and hopefully we'd be back promoted? If so, not great is it?

The upshot of allowing that though is the problems just get worse and worse. You really think the big 6 would just spend within their means? No, they'd be out of control and inflate the market even more, pressuring the chasing pack to spend more and more and the vicious circle goes on and on.

Aren't we the last team who should cry ambition is inhibited by PSR rules? I mean, we are literally the ONLY club outside the big 6 that has succeeded over a number of years and won major honours whilst complying with PSR. Our failure wasn't because our luck ran out, it was because we stopped doing what made us successful and the envy of others in the first place. It's really disrespectful of those who built what we did. If we were that appalled by the PSR rules all along, why weren't we challenging it whilst complying with it from 2014-2022? Why were we selling a major asset every season and publicly explaining to our fans it was the only sustainable way for us to progress year on year? This is why it doesn't wash with me. We knew the rules, we got entitled because we'd actually achieved and yet our commercial revenue was nowhere near those we aspired to dine at the top table with. That's the difference here. The perceived unfairness is because these juggernaut clubs get sponsorship deals with all and sundry around the world for hundreds of millions of pounds and we're still the spotty little urchin at the back of the queue lucky to get herpes off a bog seat. You don't challenge the rules by breaking them and expect to be let off, perhaps we presumed it was OK to break them because of a notion other clubs were and getting away with it. Eventually the PL were going to take this seriously and they have. Our entire model moved from complying and competing to basically having to qualify for the Champions League and pull in £250m in revenue a season to offset our obscene wage bill. And finally if we think these rules are immoral and unfair, why were we making noises to sue those that broke them and not those that set them which cost us our PL status as a result. Don't hate the player hate the game? Bollocks

Really wish I hadn't been right on all this 😂😂 although to be fair, it went way better than I thought it would. I thought we'd have gone bust by now.

Ben Nelson scored for England U20's yesterday. He's such a talent, I really hope we don't lose him for a pitiful amount in the summer.

If we don't get promoted he wouldn't be signing anyway as it's only an option in that scenario. If we go up its an obligation and even if the PL take forward an embargo (I doubt they would) because we are obligated to sign him then they'd be required to let us do so.

I usually agree with pretty much everything you post but I don't on this. Yes the PSR rules need modifying and the % of revenue isn't that much different to the current rules except at least it fluctuates with the changes in the economic world. But the crux of this is, many are arguing that ambitious team should be allowed to rack up huge losses in pursuit of ambition. £105m losses (which is actually way more considering the £105m is net of the allowable deductibles) every 3 years is unfair? Why is it? The big 6 pull in far more in commercial revenue than the rest of us, that is not a PSR or PL rule, it's business. It's no different to what's happened through the ages in football except its now on a huge bigger scale because football has ate itself. However, there's a hierarchy in football as there has tended to be but its now nigh on impregnable due to what these juggernaut clubs can warn around the world. Are you saying that's wrong? I'm not against the ability of owners to be allowed to plough serious investment in to a club in order to challenge but I'm at a loss as to what that looks like that protects clubs from going bust and the ramifications on the wider game for clubs given carte blanche. The Premier League generates such vast sums of money, teams in the league for a sustained period of time really ought to have no excuses for pleading its unfair. They earn vastly more than much bigger and established clubs around Europe but unfortunately its been swept up in paying more and more for players from these said clubs for way over the market price and for wages way more than they'd earn elsewhere. Nature of the beast I suppose but this shouldn't come as a surprise to those complicit in it. Clubs like Leicester achieved what we achieved by being innovative, slightly fortunate but exceptionally well thought out. That's the benchmark, we no longer had the ability or inclination to do that an instead tried to go toe to toe with those that do things wastefully in pursuit of supposed ambition. Not for me Clive' i've very little sympathy for us and this has been coming.

Inverted full back chaos klaxon

Something our fans can get behind and revel in no doubt

Maddison was sold in 2022/23 it is believed, therefore our net spend was about £13m.

80% of the PL haven't breached PSR, I don't see what the confusion is here or the injustice. If I could be arsed the level of double standards from some posters on here about our predicament compared to their uproar at Everton is something else.

Might be because of the stunts we've pulled in the past? We've brought this on ourselves.

No, it hits the year in which the sale occurs.

Fatawu obligation is if we are promoted, which if we are we won't be in the EFL anyway. That said even if this was an obligation that had been met based on appearances only and we don't go up then they'd still have to allow us to register him as we'd legally be obligated to buy him.

And?? It wasn't selling Maguire in 2019 or Chilwell in 2020 that cost us Champions League football. Likewise it wasn't keeping all our coveted players in 2021 enabled us to collectively be more of a challenge (which we weren't) to the top 6 hindsight or not. Leicester and most clubs always had to weigh up how to be overall more competitive year on year and it required being highly innovative and progressive. In 2021 we made a decision and it backfired. Even at the time we only made 2 permanent signings and a loan in Lookman and we needed more. Vestergaard came in after an injury to Fofana. The conveyor belt of in's and outs slowed down and the storm was brewing. We'd paid players far more than we could sustain and the longer certain players were here and the manager was here the effectiveness of him was wearing off and possibly players motivation was waning and certainly wanted new challenges. Keeping players that were running in to the final two years of their contracts who were already on close to £100k a week, there was only one way to go with these players. To offer them new deals on increased terms would further push us to the edge, we simply had to sell more players than we were doing. Many predicted this with the addition of Lee Congerton to go with Rodgers suspect track record the longer he was at clubs but I appreciate the club didn't. As I've said, without buying low and selling high and then increasing the ratio to reinvest to progress then we were always heading for financial problems. I can't see how the club didn't factor this in, but it would appear that only Champions League qualification would keep the wold from the door which is not sound financial planning.