davieG

https://www.leicestermercury.co.uk/sport/football/football-news/breaking-leicester-city-announce-194m-10073736 Breaking: Leicester City announce £19.4m loss for 2023/24 and expect PSR discussions to continue Leicester City's accounts for the 2023/24 season have been published, a campaign where they had to reduce costs massively following their fall into the Championship ByJordan Blackwell 10:00, 2 APR 2025Updated11:27, 2 APR 2025 Leicester City expect continued discussions with the football authorities over profit and sustainability rules (PSR) after posting a loss of £19.4m for their Championship-winning season. City’s accounts for the 2023/24 campaign have been published, showing the club have made a loss for a sixth straight season. But the extent of the loss is considerably reduced compared to the previous two years, with City in the red to the tune of £92.5m in 2021/22 and £89.7m in 2022/23. The Premier League announced in January that none of their clubs were to be charged with a breach of PSR for the three-year period ending with 2023/24, but added that City remained at risk pending the outcome of a legal case. Last September, it was announced that Leicester had successfully appealed against a charge for the three-year period ending with 2022/23, arguing that the Premier League’s rules did not apply to them after relegation. The Premier League are appealing against that decision. Now, City have said they expect discussions with the Premier League and EFL to continue but would not speculate on what a potential sanction may look like. Their accounts read: “The club has been involved in certain regulatory proceedings with the Premier League and the EFL in relation to the extent to which their respective P&S (Profit and Sustainability) rules apply to the club, in the specific circumstances of the club’s relegation to the EFL Championship and its immediate promotion back to the Premier League. “The club expects that it will continue to discuss such P&S rules with the relevant football regulators. If the club was ultimately found to have failed to achieve compliance with any P&S rules which were held to be applicable to the club in its specific circumstances then there would be a risk of sanction by the relevant governing body, but at the current time it is impracticable to estimate the likely impact of any such sanction.” City helped their bid to meet PSR for the three-year period ending with 2023/24 by selling players and dramatically reducing their wage bill to cope with the considerable drop in revenue in the Championship. They made £71.8m in player trading profits by selling Harvey Barnes to Newcastle, Timothy Castagne to Fulham and Kiernan Dewsbury-Hall to Chelsea, the latter deal coming just before the June 30 Premier League accounting deadline in 2024. James Maddison’s sale to Tottenham, which came in the same summer as Barnes and Castagne’s exits, was factored into the previous accounts as that came prior to June 30, 2023. Partly because of relegation clauses in player contracts, City’s wage bill fell to £107.2m, down from £205.8m. The wage-to-turnover ratio remains above 100 per cent though - at 101.6 per cent, but down from 116 per cent the year before. It is estimated that the figure would have been around 90 per cent without the promotion bonuses earned by the squad and staff at the end of last season. Depending on the interpretation, City’s wage bill of £107.2m may be the biggest-ever in the Championship. There have been previous suggestions that Fulham, at £90m, hold the record, but Newcastle, in 2016/17, had a wage bill of £112.2m, although that was inflated by “onerous contract provisions”. The reason City are still above 100 per cent is because their turnover reduced massively in the Championship, with falling broadcast and sponsorship payments meaning they made £105.3m, down from £177.3m the year before. However, revenue from gate receipts remained the same, with City fans still packing out the King Power Stadium in the Championship. While they made considerable profits on player trading, City did also bolster their squad in the summer of 2023 with an outlay of £61.5m on player registrations, with Harry Winks, Conor Coady, Mads Hermansen, Stephy Mavididi, and Tom Cannon all joining the club. In these accounts, City's total debt stands at £206m, up from £179m the year before. However, it does not include the debt-to-equity transfer made by chairman Aiyawatt 'Top' Srivaddhanaprabha in January of this year, which converted all of the debt owed to King Power or the chairman himself into shares, effectively writing off £124m of that £206m. In a statement, chief executive Susan Whelan said: “Operating outside of the Premier League during the 2023/24 season required some obvious adjustments compared with previous years. “However, we achieved success on the pitch and attained promotion and the Championship title at the end of the season. “As a club, we still have work to do to return to the consistent heights of the last 15 years and the ability to successfully adapt to different challenges is a strength we will rely on as we build for future seasons. “Thank you to our supporters, staff and partners for the vital roles they play in the club’s development, for the loyalty they continually demonstrate and for the passion that will fuel our future progress.”

https://www.facebook.com/photo/?fbid=1223324335817663&set=a.813969713419796&__cft__[0]=AZW9u9Ztn1tHcxwk8w5-sp231LPacbNWOT6R9znV0sfswAAMut67MNaCU_mbJZrl7EJer2W9tLYJM21FF-GqopBgOz6UwzaDRbNCkOVA-OOQ8b6nvRfiLUQyphVspknMgaE9w4_Ixpid8f6BYvrovn8wJD6w53PliHfu4h10a701dd4lUB764k8KocZT6hj-IAb1TjEFQZOS1XgBGigWRD8Dd9XJ2HMq9k_rOBUF1nGI_w&__tn__=EH-R

Sounds just like the PL

Done

https://www.leicestermercury.co.uk/sport/football/football-news/inside-king-power-stadium-owners-10072002 By Jordan Blackwell Who has impressed recently With City not in action over the weekend, there would have been plenty of eyes on Will Alves as he started for Cardiff against Sheffield Wednesday. And the teenager again managed to make his mark, getting his third assist of his Cardiff loan spell, running down the left wing before cutting inside and laying the ball off to Isaak Davies, who found the bottom corner in the 1-1 draw. Alves earned a 7 from WalesOnline who said the 19-year-old “really took the game to the Wednesday defenders and formed a good partnership with (Callum) O'Dowda on the left.” Moment missed Van Nistelrooy called up plenty of the Under-21s to his first-team squad over the international break to fill in the gaps left by those who were away with their nations. But it seems one man may have stuck around for a little longer. Footage from the club’s training sessions at Seagrave suggested full-back Bade Aluko remained with the first team. Promoted out of the Under-18s earlier this season, Aluko has started at left-back in all of the Under-21s’ five-game winning streak in Premier League 2. The 18-year-old already looks the part, and is tall for a full-back, while he appears to carry the ball well too, a surge forward from the back helping to set up Jake Evans’ goal against West Ham last time out. There are plenty of players to watch at the moment, and Aluko looks to be another.

https://www.leicestermercury.co.uk/sport/football/football-news/inside-king-power-stadium-owners-10072002 By Jordan Blackwell Positive review over King Power’s OH Leuven ownership City’s financial accounts for last season are due imminently, but they have just been released over in Belgium, where King Power own OH Leuven. Belgian newspaper Het Nieuwsblad have undertaken an analysis of each side’s finances and King Power’s running of Leuven appears healthy enough. The club made a loss of €14.6m for the 23-24 season. They had a ‘squad spend ratio’ – wages paid to players and coaching staff compared to the net income of the club – of 88 per cent, satisfying the Belgian Pro League’s maximum limit of 90 per cent. However, that will need to come down. By the 25-26 season, the Pro League want that figure to be 70 per cent or less. The report notes that King Power are looking into how they can improve both OH Leuven’s stadium and training ground, although it appears those considerations are in the early stages at the moment. Asked for an assessment of King Power’s running of OH Leuven, Wim Lagae, a sports economics professor at KU Leuven, Belgium’s biggest university, said: “I would say: thanks to King Power. Since 2023, they have invested no less than 63 million euros in capital increases. “There is a sustainability element: I also hear that King Power says that they will continue to invest even in the event of relegation. You can feel that in the relevant investments. “Women's football is a spearhead here. At OHL they think: we may not be the best in the men's category, but we could be the best in the women's category. “You also see it in other small things that are being worked on, such as their investments in the greenkeeper and the grass pitch. “OH Leuven is also increasingly succeeding in increasing their income on non-match days, for example by renting to companies or as a home base for the Red Flames (Belgium’s women’s national team). “Together with Westerlo, OH Leuven belongs to the group of clubs where the owners really pump money.”

Seem to be doing better in Belgium https://www.leicestermercury.co.uk/sport/football/football-news/inside-king-power-stadium-owners-10072002 By Jordan Blackwell Positive review over King Power’s OH Leuven ownership City’s financial accounts for last season are due imminently, but they have just been released over in Belgium, where King Power own OH Leuven. Belgian newspaper Het Nieuwsblad have undertaken an analysis of each side’s finances and King Power’s running of Leuven appears healthy enough. The club made a loss of €14.6m for the 23-24 season. They had a ‘squad spend ratio’ – wages paid to players and coaching staff compared to the net income of the club – of 88 per cent, satisfying the Belgian Pro League’s maximum limit of 90 per cent. However, that will need to come down. By the 25-26 season, the Pro League want that figure to be 70 per cent or less. The report notes that King Power are looking into how they can improve both OH Leuven’s stadium and training ground, although it appears those considerations are in the early stages at the moment. Asked for an assessment of King Power’s running of OH Leuven, Wim Lagae, a sports economics professor at KU Leuven, Belgium’s biggest university, said: “I would say: thanks to King Power. Since 2023, they have invested no less than 63 million euros in capital increases. “There is a sustainability element: I also hear that King Power says that they will continue to invest even in the event of relegation. You can feel that in the relevant investments. “Women's football is a spearhead here. At OHL they think: we may not be the best in the men's category, but we could be the best in the women's category. “You also see it in other small things that are being worked on, such as their investments in the greenkeeper and the grass pitch. “OH Leuven is also increasingly succeeding in increasing their income on non-match days, for example by renting to companies or as a home base for the Red Flames (Belgium’s women’s national team). “Together with Westerlo, OH Leuven belongs to the group of clubs where the owners really pump money.”

https://www.lcfc.com/pages/en/media-article/lcfc-under-18s-to-compete-in-the-2025-generation-adidas-cup?fbclid=IwY2xjawJY11BleHRuA2FlbQIxMAABHemZIZZ6Q9mx3RLLAD02P8Oab7n0utYCswkMsyIvNWKkdLDrJoMUGgVKBg_aem_v9YAvljusP5f0ywIbr9EUQ Our Under-18s are set to represent Leicester City in the USA this month as we enter the 2025 Generation Adidas Cup in Bradenton, Florida. Under-18s to take part in the Generation Adidas Cup in April Academy tournament to be staged in Bradenton, Florida City to compete alongside 80 teams from 14 countries The exciting showcase sees our Under-18s make the trip stateside to compete with 80 teams from across the globe in a tournament-style format during an eight-day camp from 12 April. The competition, which features Under-18s and Under-16s sides from around the world, includes European clubs such as Inter Milan and FC Bayern Munich, South American side Palmeiras, and academies from Mexico and Major League Soccer (MLS). The format will see 40 teams in the U18 age group split into 10 groups of four, with the top 16 teams progressing to the knockout stages. All teams are guaranteed to play seven matches during the tournament. Select matches, including the championship final, will be streamed live on the MLS YouTube channel, with further broadcast details to be announced ahead of the tournament. 2025 International Club Participants (Under-18s Age Group) Club Bolívar – Bolivia Daejeon Hana Citizen - South Korea Inter Milan – Italy Leicester City – England CF Monterrey – Mexico Club Necaxa – Mexico Independiente de Panama – Panama Palmeiras – Brazil Santos Laguna – Mexico Full , including dates and kick-off times, will be released on LCFC.com in due course.

Fab four stars revealed for major Beatles films Paul Mescal and Barry Keoghan have been confirmed as part of the all-star line-up who will play members of the Beatles in four major new films about the band. Normal People and Gladiator II actor Mescal will portray Sir Paul McCartney, while Saltburn star Keoghan will step into Ringo Starr's shoes. The acting supergroup will also feature Harris Dickinson, who was most recently seen opposite Nicole Kidman in Babygirl, as John Lennon. And Joseph Quinn will go from Marvel's Fantastic Four to the Fab Four, playing George Harrison in the big-screen quadrilogy, which will be directed by Sir Sam Mendes. More here - https://www.bbc.co.uk/news/articles/c8eplyxp3wjo

Aye all clubs make bad transfers but some are able to ride better it for all sorts of reasons many underhand ones. I think our biggest failure was to continue to agree top 6 PL wages to more players than it was justified.

Hardly world class when it has resulted in two relegations

Aye I know but they are still funding our none football debts with their loan clearances.

Thai tourism expected to fall by 15% due to earthquake

Chelsea report £128.4m profit after sale of women's team Chelsea's statement on Monday pointed to how the club improved their financial health, avoiding breaking Premier League's profit and sustainability rules (PSR). The position was strengthened in the previous financial results by the sale of two hotels by Chelsea FC Holdings Ltd to BlueCo 22 Properties Ltd, a deal between companies under the control of the Todd Boehly and Clearlake Capital ownership. That £76.5m sale meant Chelsea made a loss of £89.9m instead of £166.4m in their 2022-23 accounts. Chelsea may have made an even greater gain with the sale of the women's team to BlueCo, with that 2024 transaction worth either part or all of the £198.7m "profit on disposal of subsidiaries" mentioned in the club accounts. Without that, Chelsea may have made a significant loss. https://www.bbc.co.uk/sport/football/articles/cn91dg34pzqo

We're a bigger club to many and I'm sure if we actually played academy juniors we'd do the same.

What about Walkers Crisp a part of PepsiCo

Made In Leicester Rob Hubble The Bulls Head Hotel at the side of the Corn Exchange. Demolished to make way for the old Indoor Market.

Belvoir Kettle Seagrave Kettle

He's just as likely to go to Forest than us at the moment. Football success for clubs outside the top 5 is very cyclic and he'll be reminded that our time has passed.

https://www.leicestercity.news/news/sounds-crazy-to-say-marc-albrighton-makes-shocking-revelation-about-leicesters-premier-league-title-win/ Leicester players ‘weren’t taking’ Premier League title win ‘seriously’ Speaking on Tea with Timbsy, Albrighton admitted that the Leicester squad weren’t taking the Premier League winning season that seriously until the final weeks of the campaign, with the former attacker saying that the group at the time made the entire year an incredible experience. Albrighton said when asked about how Leicester players approached the historic season: “It sounds crazy to say, but we weren’t taking it seriously because of the group of lads, we were going out for champagne, doing pizza-making classes with Ranieri. “I would not have wanted to experience that with another group of lads, that dressing room was just incredible, we’d just laugh about it like: ‘We’re top of the league at Christmas!’ But obviously, as it got closer, we started going: ‘Hold on, we could be playing Champions League next season,’ and then you start ticking things off. “We’ve qualified for Champions League, now we’re in a title race, then we started looking at dates like when could we win the league, we were just on a high, it was so enjoyable to come off the pitch and thinking: ‘We’re winning this one.'” Marc Albrighton almost wasn’t a part of Leicester’s title-winning team Nearly ten years on from Leicester’s run to the Premier League title, it feels almost crazy to think of the squad and the main starting XI without Albrighton, who played as big a role in the squad as a Jamie Vardy or an N’Golo Kante. Yet in an alternate timeline, there is a possibility that the winger was not part of the squad, with Albrighton once admitting that he considered leaving Leicester during the summer of 2015, just one year after signing for the Foxes. As we know, though, Albrighton ended up staying and becoming one of the most important players in Ranieri’s system, with the winger then going on to become a modern-day Leicester legend after his achievements in Europe and beyond.

Leicester City Football Club Jakub receives his Premier League debut ball

My Kettle's useless it makes a shitty cup of tea.

I doubt they're made in the USA although all the massive profits go there. I wonder what Trump thinks of this scenario, does he want to bring that manufacturing back to the USA? Probably not.

Maybe Ruud would be better as a DOF with a coach under him. A big name, big contacts, big draw.

If I was Monga I'd be listening to that and thinking "yeah but will you still be here, is this you talking or the club and Rudkin, there is no stability at this club so no thanks".