I understand your stand point but as some have said, there can be connections and relevance to Leicester City as a phoenix club. Personally, I believe it’s a little too soon to be considering - it isn’t a knee jerk reaction to dropping into League One, it’s the disconnection fans feels from the club they grew up supporting and loving. We’ve lost the underdog, family ran club and seem to be selling our soul to dodgy marketing sponsorships, dismissing fans, failing to recognise and reward our history/players and ultimately have an owner who is running it into the ground with no understanding or respect to any one with the dangers it is becoming. If things don’t get better this season then a conversation to set something up should seriously be had which protects the clubs values and always provides the fans with a voice as to how the club is ran
£250k for a step 6 side is well off the mark, £80k is a possible figure but a lot ultimately depends on what you are willing to pay out as a club on players
There is a chance a percentage of the fan base could remain with Leicester or just move on picking a new team. I think it’s ultimately set up to find a reconnection to the club that you feel has been lost and be apart of building a club that you have a common connection with the rest of the fan base looking to continue the ‘Leicester City banner’ the way the club should be ran