Paninistickers

Then, if he can't make everyday calls about how to run a business, he isn't a CEO. The same debate was discussed on the Susan Whelan thread. In her case, she either signed off on the financial mismanagement if the club, or, she was a puppet and was obliged to sign off under orders. Either way, that's behaviour unfit for the role of CEO

Yes, it has to be repaid, but it's covered. Money is owed to us - transfers and PL parachutes - but it won't now come to us. It bypasses us and the monies due go direct to Macquirie. The only way we are liable is if, say, the PL defaults on its payment. The club will have underwritten that risk. At which point Macquirie can ask us for what it's due. But that's an extremely unlikely scenario. Therefore the Macquirie debt isn't of pressing concern. Liquidity is. Back of fag packet maths, we will need around 40m-50m at least to function next season. I don't think we have it. And I can only guess they are relying (praying) on player sales to finance that. Additionally, and possibly the biggest existential risk we have, is we may well still owe instalments on Bilal, Hermansen, Mavididi, VK, Souttar, Skipp. This has been mentioned a couple of times in the media, Inc the Charlie Methven interview. My original point anyways is posters on here fearing 'the banks'. They are, in my view, the least of our problems.

This is a regime that won't even sell sponsorships to legitimate business for fear of its financial chicanery being seen by real people. There is no way they allow a legitimate investor to pore over the books. The only investment this club will seek is that from dodgy offshore funds via weird and obscure Crypto gambling Forex fronts

Sorry pal, but you're wrong on this. It's factoring. Invoice finance. We've basically sold the debt.. Businesses do that for cashflow issues. You are owed 100 quid and can't fanny about waiting for the client to pay, so you 'sell' the invoice for 90 quid to a bank. And additionally, you have to underwrite it (so as to avoid a business flogging a dodgy invoice to the factoring company where you know the client won't pay) You're gonna have to trust me on this. That's how it works. Technically yes we owe Macquirie the money because we have said, for example,.if Chelsea don't pay their bill - we will. Point is, the money we owe to Macquirie is covered. Liquidity is the issue. Not Macquirie.

We do and we don't. This has been discussed. The PL money and various transfer instalments owed to us go to them. We've basically guaranteed it, so technically yes, we owe them. In reality, it's only a problem if the PL or West Ham (Hermansen) or Stuttgart (Bilal) or Chelsea (KDH) go bust. So the Macquirie debts are basically irrelevant

Mate, we don't really owe any serious money to 'banks' - if indeed any. It's liquidity that's the issue. Pay the staff. The players. The taxman. Cutting the grass. Keeping the lights on (literally). And, perhaps most concerning, transfer fee instalments likely due on Bilal, Fatawu, Hermansen, Skipp, Stephy, Souttar, VK. Unless the owner has magically developed an IQ above SEN level and attracts 100m or so in cash, the club will be taken off him under insolvency laws representing the clubs and players and staff and taxman we can't pay. Not the banks.

Mate,.don't tempt me to rejoin this thread. I need no excuse as a rule. Still waiting for the planet of the apes end of civilisation that so many here gleefully predicted would happen if we didn't wear and ragged piece of paper in front of your mouth

If charity was ever the real point. In reality, it's more likely a combination of things - all far from any noble charitable urge A cack handed reaction to some criticism that the club hadn't marked the occasion. A vanity exercise for the owner, dreamt up by the of feeble, subservient staff And a complete head-in-sand collective and systematic corporate wide delusion to avoid acknowledging a gigantic scale failure.

I'd suggest that's exactly what KP are already doing. The tactic years ago to uncouple the club from any physical assets, was, in business terms, pretty shrewd.

100% this

I get the logic but I still can't see it. A 'local consortium' ain't gonna have 100m knocking about in spare cash. The only way out of this mess is a leveraged buy out. Which would involve KP opening the books. Hmmmmm.... I wouldn't entirely rule out KP choosing administration over opening the books. A Pandora's box if ever there was one.

All the clues and financial data point to the fact that the club needs 100m or so deposited as cash just to stay alive for the next two seasons. Anyone sinking that much in will want equity. If not the entire club. The flip side is, the current owners get nada if that was the deal. It would be KP giving away the club for free and having no return on the hundreds of millions they sunk in between 2012 and 2019. I can't see it. Maybe the only viable deal I could see is performance based; new investors get full control of the club in two years if we flat line in league one, or if KP managed to turn it around, KP keep their shares and the investors remain with a partial stake.

https://theesk.org/2026/04/20/the-analysis-series-leicester-citys-fall-from-grace/#comments Well researched piece by a fella Paul Quinn - a month old, but the finances laid bare.

I walked round town at lunchtime today, first time on an average weekday for years. I was pleasantly surprised. Once the market square is done, it's a very respectable looking very large town. Not a proper city. But it looks kinda charming. Certainly in nice weather What it lacks is a middle class. I'll put my views on Boris wave hyper immigration aside. Take the race out of it. But, it's just so desperately poor. So few people who seem to just want to relax and live a city lifestyle and have some swagger and attitude. the punters, they look, so, defeated. Struggling.

Reading your posts, you seem to try incredibly hard to be calm and rational. You can let go and get angry. There's zero evidence the 'board' (by that you mean the owner plus some executive management yes men) have ever learnt anything. Action,.maybe that's unfair..after 9 years of Whelan gleefully and spitefully refusing to sell tickets to supporters, the club appears to have learned that occasional younger supporters might be necessary after all..

Not going, or protesting, doesn't stop you being a supporter. In fact,.I'd argue it makes you more of a supporter. The real world equivalent is kids asking parents for chocolate and Macdonald's every day. You could 'support' that or, you can choose to put your foot down and say no. For the long term good. Tough love. There isn't, in my view,.an excuse. If you attend these things and passively ignore/endure the status quo, you are damaging the club that's in your blood. Life is more nuanced than just blindly showing up.

Not that different to those who stand outside Sandringham chapel on Christmas morning in a plastic union jack hat, to be derided by Princess Anne or Andrew. I'm sure the 2016 players would be as bemused as the royals as to why anyone would want to go.

Theorising. Just joining the dots. Edit; I'm not a mechanic, but when the warning lights are blinking on the dashboard, the noise from the engine is screeching, the exhaust fumes are acrid black....you know the car is in trouble.

That team ran on autopilot for 5 months from Taylor's appointment. No retrospect, I remember at the time Rowett felt like an outsider. Frank, Taggs, Elliott, Guppy, Impey all had a swagger. Rowett always looked like he was just about holding his head above water until the tide dropped. Not sure if Elliott and Taggs on the club channel have had too much to say about him other than banal basics..wheread they could write a book of anecdotes about the others mentioned above.

The owner can't afford to finance us. It's not about sustaining losses. It's about putting (real) money in the bank to pay wages, the electric and the mow the grass. He can't do it. He won't do it. He's gambling on selling 50 odd million in the transfer market and racing down to.Macquirie with the invoices.. We'll be out of business within months

Dean Smith 'got' the club far more than this fool. And conducted himself better He was a failure as a player with us, an instrumental part of Taylor's clique. Overwhelmed by better, self assured players who'd been and done it all in the upper reaches of the PL. Fast forward 25 years later, his lack of confidence was, for me, glaring in his role as manager. He tried to blag it and bluster it. But just like birds in a nightclub can sense the single and desperate a mile off (not matter how much bravado), you could smell the inferiority on him.

White on the shorts!

Gotta be a parody account, surely?

I don't celebrate his exit as much as I would Bob and Thomas. Ayew is light years ahead of me (or any Sunday parks level) as a footballer. Immensely stronger, lightspeed faster and can kick it miles harder than I ever could Bob and Thomas. Nope. And I flat refuse to pay to watch players no better than me. Basta.

They will be happy. They can concentrate now on cheering on their beloved red filth for European success.