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Claudio Fannieri

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Everything posted by Claudio Fannieri

  1. I have researched a bit more and transfer profit and loss is excluded from the 60% squad cost cap so it does mean the event of relegation we could use it as an opportunity to move on big earners or players with very high book values such Skipp to free up budget in the squad cost cap. it would still show a loss in our accounting period and financial results but the league one model allows this as long as the squad cost control stays within the permitted 60% of revenue.
  2. Impairment is the club choosing to take a hit by reducing the book value in year but reducing future amortisation, this is excluded in the 60% squad cap as is transfer profit and loss so it’s another lever we could use to give us more wriggle room next season, albeit it would still be an accounting hit.
  3. Actually whilst amortisation is included in the spend calculation. Profit and loss on transfer fees against book values are excluded. So technically if we were relegated we could use this as an opportunity to get real high earners off the books. We would still take an accounting hit for any losses but it wouldn’t impact the 60% spend against revenue. It would actually create additional opportunity as we would lose the cost of the wages from that high earner which could be reinvested to bring in 2/3 players.
  4. However looking at those fixtures, we could also grab an opportunity to gain points over some or most as all tricky fixtures
  5. Good luck Ric, will defiantly be keeping my eye out on a few of these auctions.
  6. I believe as a condition of the sale, when the new owners selfed reported, they were able to knock £150m off the purchase price in addition they will also recover the fine. So all in all by self reporting Blueco have benefitted significantly, whilst the club have not been punished very harshly at all. My biggest concern is that this will now be used as the barometer for the Man City case and they will conveniently end up with a much larger fine and some sort of transfer embargo but avoid a points deduction on the grounds it’s not a direct PSR breach.
  7. We can’t really afford to let anyone leave for less than their remaining book value because if we do then it’s a direct hit against the 60% limit for spend vs turnocer which interestingly does not include profits from transfers.
  8. Won’t happen but this is what I would do - Stolarcyrk Okoli Lascelles Nelson Aluko Skipp James Thomas Mukasa Fatawu Daka What I actually think he will pick Begovic (if fit) Ricardo okoli Lascelles Thomas Winks JJ Fatawu Reid Mavididi Daka
  9. Brilliant pod as always. Your shit by Libertine and anonymous fox absolute superb work. Great to hear Jack back for a guest slot
  10. Ayew is just so slow to the tune of the only one I know by the charlatans
  11. The Steve Cooper legacy, how anyone can defend his time here only needs to look at Ayew to see he epitomises his time here.
  12. One thing is for sure the commercial department had better have a cunning plan for next season because if we do get relegated you can wave goodbye to any remaining tourist fans/daytrippers. You are going to have to rely on the good old legacy fans, you know the ones you have been treating with distain these last few seasons with lame kits, obscure front of shirt sponsorships, the farce with season tickets/mobile ticketing and slowly eroding any visible reference to the club prior to King Power. 💩 is about to get real for the club, the revenue streams that have become relied upon and taken for granted will now run dry,. The club has to get creative and really focus on securing sponsors and partners that resonate with the legacy fanbase, kits that excite the fans and pricing that encourages fans to come to the ground and back the club. External lucrative deals with far east betting and crypto companies won’t want a bar of league one or bottom end championship. When Susan Whelan left the club I reached out to offer support to the club as a business transformation and commercial consultant, with a view to sharing a number of innovative initiatives and proposals to help the club move forward as a sustainable business and to reconnect with its fanbase. As yet my offer is yet to be acknowledged or replied to by the club which is really frustrating.
  13. Scoring 10 goals from midfield in our absolute honker of a side will not have gone unnoticed by a lot of lower end premier league clubs and some top end championship clubs, any promoted team will have him on there wanted list as he will be relatively cheap and have decent sell on potential.
  14. There really is no reason or evidence to suggest this mob will ever learn, they had a chance to press the reset button after the first relegation and when Enzo left. we could and should have hired Corberon, we could and and should have signed Jordan James and Hayden Hackney in that summer for less than we forked out for Skipp, we could have signed Zian Flemming for what we spaffed on Ayew, we could have signed Callum O’Hare instead of Bobby Reid and for what we flushed down the bog on Eduaords loan we could have signed Tom Fellows and I guarantee had we done all of that we would be in a far better position than we are we now both on and off the pitch and have a lot of saleable assets on sensible wages. Also to then replicate the same mistake this summer by not appointing Rohl when we had the chance for another cheap and cheerful option just to pay out another load of compo halfway through the season. We have shelled out an absolute fortune to 3 failed managers in the last 18 months or so all because we don’t like to pay release clauses for good managers, much rather pay out compo though to absolute dog muck. It doesn’t make sense and is why this lot have to go, they don’t have a fecking clue how to run a football club.
  15. Top post, I am really concerned that with relegation we will be in administration within 12 months. People point to player trading to get us out of a hole, but in reality aside from Abdul who do we have that will bring in big money. Relegation will see an automatic reduction in player valuation, then given it will be a fire sale and players will be on big money relative to the clubs they will be joining etc etc and you can see a lot of derisory offers come in as clubs sniff around our rotting carcass for opportunities to stiff us good and proper. Honestly I would be shocked if we get anything north of £15m for Abdul, then we only really have Monga, Page, Aluko and Nelson that will gleam any interest and we would be lucky to get anything above £5m for any of them based on circumstances, contracts and performances. The rest are massively underperforming and highly paid so most likely we have to take a bath or accept that at best we cover any outstanding book value, but players like Skipp we would likely take a big hit as i reckon we would do well to get anywhere near his book value which would be somewhere between £12-15m. This isn’t football manager it’s the real world, we are up to our necks in it and relegation would be an absolute disaster for the club on and off the pitch.
  16. In my opinion this is the reality of the situation, Rowett knows this is and was only ever going to be a gig until the end of the season. A firefighter to come in and try to be a short term hero. But let’s be honest he doesn’t fit the profile to be a long term solution. Rowett knows this is his opportunity and shop window to secure himself a managerial gig somewhere for next season. Hence why we seeing the exclusion of the likes of Page & Aluko, the continued lack of use of Monga from the bench. Rowett was gambling on getting enough senior pros on board to get the job done and it is somewhat backfiring. So now Rowett has realised that whilst still trying to maintain our Championship status he is also doing a bit of self preservation of his own, questioning who he can trust etc is the perfect narrative to deflect any little blame or accountability away from himself. As the season draws to its conclusion if we see many more results and performances like yesterday, I think this narrative will become louder and louder. Have a look where Rowett ends up next season, I can only see clubs such as Preston North End, maybe Blackburn if they go down, or mid table league one clubs showing an interest. In reality I don’t think he is the right fit for a big club with lofty ambitions, I think he is more suited to smaller clubs looking to fight and scrap to stay in a division. He is limited and this has shown in the two of the three games where we have really struggled to dominate.
  17. Have you seen the recent accounts, the last 3 years published accounts we lost £200m, this season we ‘moved’ the staff christmas payment back to the 31st December. We are on our knees financially and another significant reduction in revenue will be catastrophic for the club. There will be widespread job losses at the club. Really good people who represent the club with integrity and pride, losing their jobs in what is already a challenging and difficult financial and economic climate. The rules are we can spend 60% of our revenue on playing squad, we already have the most inflated wage bill in the championship. Plus when you consider amortisation etc we are well and truly goosed. There will have to be a fire sale to raise any kind of funds which will mean the better saleable assets going for a lot less than market value and if we want rid of some of the higher earning dross then we will probably end up taking a sizeable hit to get them off the books. The future and very existence of the club is looking very very bleak if we are relegated, make no mistake.
  18. I would understand your stance more, if we were currently at threat of relegation from the premier league to the championship. But we are not, we are at real threat of relegation to league one, for only the 2nd ever time in our history, we have received the first ever points deduction in our history for gross financial incompetence, this deduction is likely to be the final nail in our relegation coffin. Also as being widely discussed by a lot of football finance pundits and experts, if we do go down into league one there is the very real possibility we end up in financial meltdown and potential administration, for only the 2nd time in our history, which could lead to liquidation and no Leicester City Football Club. Yes in there time at the club KP have overseen some amazing highs, they were well praised, celebrated and lauded at the time, however we now sit on the precipice of arguably our lowest ever point, on a continual downward trajectory and the self preservation society making board changes to not only protect themselves but to give them even more power, influence and control. Terry Shipman was hounded out of the club for far less, at what stage does your opinion change, when does this free pass to destroy the club expire? Ranieri was sacked less than 12 months after leading us to the greatest ever achievement, Rodgers left less than 2 years after the FA Cup Final win, so why does Aiyawatt and Rudkin get given infinitely longer when they already have 2 relegations under their belt and are on the verge of making it 3 in the last 4 seasons. I am sorry but enough is enough my love for this football club will always far outweigh blind loyalty to any individuals who’s effectiveness and ability to affect positive change has long gone past its sell by date.
  19. Not overly shocked or surprised, he speaks well and says the right things in the media but then picks Ayew as his starting striker and alienates most if not all of the exciting young talent, Page and Aluko have been dropped and Monga doesn’t even get a cameo. 6 games and 6 points is hardly mind blowing stuff, truth is he is decent at setting up a team to nullify away from home but at home when we need to take the initiative in 2 out of the 3 games we have been honking. This squad on paper is easily good enough to be challenging for play offs as a minimum but the culture is on its arse and if you keep hiring mediocre managers then guess what standards drop, players lose heart and interest and results drop off a cliff. Cooper, Cifuentes and Rowett are all meh and woeful appointments for a club who 4/5 years ago were winning FA Cups and in European semi finals.
  20. I bet the opinion on keeping him on next season has changed again
  21. Here you go pal please ignore the AI badge 😂
  22. Yessssssssssss JJ 👏🏼👏🏼👏🏼👏🏼
  23. I am bored so created what I would love to see as next seasons kits
  24. I can’t wait for the open bus tour of the city when our place in the championship is confirmed next season. Aiyawatt and Rudkin front, left and centre of the celebrations as the KPFC brigade clap and cheer with Brocky as MC
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