Paninistickers

Macquirie don't loan. It's invoice finance. Basically the safest of safe bets. They basically pay an invoice straight away for you rather than a business waiting for the customer to pay. It's used in construction alot and Macquirie have profitably turned the concept to football. So, for example, instead of waiting for 3 x payments of 10m from Chelsea for the KDH, Macquirie gives us 27m all in one go, and Chelsea then pay the instalments to Macquirie. I and others have warned and warned against cashing the parachute payments in for years.

The situation is actually (and almost unbelievably) worse than he describes. The premise that we have one further parachute payment remaining is wrong. That is going to Macquarie. Our only finance for next season is season tickets,. sponsorships (of which KP has largely refused to deal with the likes of walkers, Next, DHL. Lookm how many advertising boards we have, literally all syndicated EFL deals and Thai garbage) and the pittance from the EFL. Everything else comes from player sales. By the maths of Methven, our running costs are 30m ish and wage bill next season 40m ish. We are on the brink

What bank loans? Like I'm not saying there isn't any. Just not aware of any (Macquirie aren't loans). All I know of are the loans to KP that were written off and converted to equity

Never mind eh? It'll all sort itself out. To my knowledge, we don't owe millions at all. I think - debt wise - we are in relatively decent nick. The problem is cashflow. We are committed to spending 30m on running costs and 40m on wages each year (at best) and as of this summer, we have no sizeable income other than selling players. It means a new buyer has to finance the club, not service loans. Private Equity banks do that for a living. Ofc, KP will never sell, but shortly that option will be out of their hands.

The ground isn't an asset. It belongs to KP. Dunno about seagrave or Belvoir drive. Macquirie can't and won't take the club. Their repayments are guaranteed. The parachute money goes direct to them. Inter how Derby have had three takeovers by rich local businessmen over the years to save them; Lionel Pickering. Peter Gadsby (twice). David Clowes. Cov too with Doug King. We never have any. The wealthy Leicestershire businesses have often been drawn to Tigers.

Charlie Methven again. He's really all over the detail. Even to the point of nudge nudge wink wink about the original sources of KP's wealth Why wasn't the local media over this? Edit; calls out Susan Whelan too https://youtu.be/1piuhCluIvU?si=aGzm_Juy7IoS5HWGhttps://youtu.be/1piuhCluIvU?si=aGzm_Juy7IoS5HWG

Just as an aside, Charlie Methven refers to the Khunt as an idiot. OPA and Rob Dorsett use 'Sir' when addressing him. The local correspondents should take a long look at themselves at being too meek to ask the questions they are employed to ask.

There is going to come a point very very soon where we haven't enough money to run the club. Unlss we raise 35m+ in transfer dealings this summer, the clues indicate that the business is insolvent imo. Players wages, HMRC, mowing the pitches, paying the commercial staff, heating the restaurants, paying the leccy bill. All the normal basics of a business won't function without cash. Which means KP will have the choice to 1. Dissolve the club. Close the whole thing down. 2. Place it into adminstration - and it gets sold for them 3. Seek outside finance Judging by the amount of guests the club is schmoozing in the directors box each week, 3 isnt going to happen And if it is 1 or 2, a new buyer will get the club for next to nothing if it can pay for the day to day running - say 100m over 2-3 years. US VC Private Equity would be queuing up to buy finance it, even if noone else is.

Yeah, I'm not defending her. Im not in the revisionist camp. But it's a reasonable hypothesis that she saw potential personal liability consequences, criminal consequences by remaining in her role. Nobody will take the role unless they can legitimately turn the ship around. The club is headed for an iceberg and the owner is not allowing the captain to change course. Through a mix of idiocy and pig headedness.

If the money was for one of those stand wide banners that UFS do and we all told outside the road at the family stand, the optics would be better. Just think the plane has been done (twice, recently and the 1980s) and both times were a damp squib. A third plane will be another dank squib. Put the money to the external protesters and I'll back it. I'll back anything more or less, but the plane is done.

I still think the financial situation is even worse than Methven describes. There is no parachute payment to come. It goes to Macquarie. Regardless of division next season, unless we can sell 35m (minimum) worth of playing assets, I think we are cooked. Edit to add; I wouldn't be surprised if it's why Susan Whelan left. As for next season, we will be by law wrongfully trading. Ie Knowingly unable to operate and start to miss payments to players and suppliers and HMRC. And directors are personally legally culpable. She's left possibly as there's a chance she goes to prison as CEO of a business that wrongfully trades. .

Additionally, most of the team was bought to get us out of the championship. Our wages to turnover there was as bad as it is now. KP was well prepared to spend vastly and unsustainably from the get go. It worked, for a while. But as you say, the MO was baked in well before The Khunt.

Much as this board likes to lampoon Daka, he's been treated like shite for much of his time here. No wonder the lad can never get going. Our rare better (ie average) performances this season have largely coincided with him playing. He works. He's got a good attitude. No, he's never a 25m player. But if we'd bought him from MK Dons for a million and paid him 10k a week, he'd be a perfectly serviceable championship striker in most people's eyes

Well, we are at least playing two full backs today. One has some strength, one has some speed. The usual pair have neither

Just made my post on the plane thread. A phone torch show of disapproval. Shine the light (scrutiny) on KP. Quiet, legal, no standing out, suitable for the (many) quiet ones amongst us and able to be timed with the game situation (city fans always been reactive and spontaneous, we aren't an organised people, Norwich getting the customary second goal in the first 20 minutes an obvious trigger)

I can't back this one. I'm afraid the plane is the wrong idea. It rumbles over, more or less creates a few chuckles and mumbles in the crowd (the classic Leicester defeatist, self deprecating 'is that it?' grizzling) Which, facing facts 1. We aren't an animated fanbase - nothing happens inside the ground. We've always been a spur of the moment fanbase. So loud in ground protests are a waste of time 2. Most of those who are against the regime no longer attend games 3. The logical thing is therefore the 300 or so who can be arsed to do anything should do something outside sthe stadium. I'd go with the Cambodia flags, leaflets, placards 4. Those inside the stadium, when the moment is right (2-0 down for example) turn on the torch of the phone and point them at the directors box..quiet, discreet, legal and can work with the flow of the game and use the classic Leicester grumbling against the club Edit; I think the phone torch might work. Shine a light on KP. Plus, those a little nervous in the stands of voicing and opinion can visibly see others who are of the same opinion. Gives them a bit of a lift that they aren't alone. Domino effect

I think the 'calling out' side is borne of frustration. Many of the 'drongos' (as I call them) don't want to make the tough decisions..in most cases simply too weak to take the hit. And instead of at least owning that weakness, it's dressed up as a virtue signalling loyalty.

It's a lovely OP but, sometimes, as I'm very fond of saying to the kids, to get what you want or need, you have to do things you don't want to do. Literally and figuratively, good medicine usually tastes bad.

Tarnished as the game had no crowd but the performance against Man U in the quarter final was our best I've seen ever. We controlled the game almost totally, except fornan against the run of play goal from Greenwood. Total, suffocating control.

Well, I am incredibly dull and traced my comments back to 20 July 2020 first calling him out. Not nastily, as he was a kid thrown into the team, but it was along the lines of 'we cannot possibly continue to play him' So, his start couldn't have been that good

No staff dare even go for a slash without getting written permission from The Khunt first And he simply doesn't give a shit. I doubt he's even looked at Rudkin's email with his carefully curated, intensively researched shortlist. 'Enzo. Russell Martin. Dean Smith. Pep, Gary Southgate'

That horrific angled inverted pass back to his centre half (who has to spend all game watching out for him and being available for that godforsaken pass) Jonny Evans could do it. Vestergaard tries to but fails. A scandal that Ben Nelson, four years his junior has to.

Worth a thread on it's own, big away followinhs.. But yup, this was the one I immediately thought of. The terrace behind the goal easily held 6k and as you say, the entire chicken run side was opened for us. I too walked across the pitch to get to it. Easily 9k. If not 11 or 12. Before my time but I think we had an easy 8k at that Keith Weller Luton cup game. We played manU in a nothing league cup game under Brian little and I'm sure we had 13k in that end

Quite a few posters have mentioned on this thread before now much luck is involved in football. I think Like Thomas is the strongest example ever. He was a nobody youth team player that got called up to a PL game courtesy of the seasonal Rodgers injury crisis. It happens all the time. 2,3 games never to be seen again. Released. Goes to Nuneaton, released, goes to Oadby. Fades away and retrains as an electrician..That was his destiny. But fate intervened. Jonny Evans coached him through to 10 games. Evans was a known talker/moaner on the pitch. He could probably talk me or you to a semblance of a decent game. All of a sudden, 10 games in he's part of the squad. And vaguely useful as a filler for the European squad homegrown rosta. He's up to 20 games.. And he's got a career. Pure happenstance and luck. They'll be youth team players who pissed all over him every training session currently working shifts at Amazon wondering what the hell happened