Accounts

[Staffs Fox]

We should invest off the field as well,

 

It's mentioned on here on an almost daily basis but our club shop and online facilties are still at Championship level,

 

I went in the shop on thursday and pratically every item of Puma clothing was XXL. I couldn't even get a training top in M,

 

We need a Megastore near the Highcross and a vastly improved online system to go alongside the stadium store,

 

Currently we have zero presence in the City centre, that needs to change

[Monk]

The results are very impressive, great work by the club.

[BrummieFOX]

It will only be a basic 12m I think, you get money per point you get... rather than everyone getting a fair share.

 

A top premier league finish with 16 games shown would mean we received £92,814,970m in premier league prize money, with £12m champions league money. That's basic.... extra from sponsorship and so on that comes with being league winners will add on more. So an extra £33,206,730m on top of this seasons.

 

You could look at there being an easy £40-£50m minimum (if the club wanted to) war chest come the end of the season, as the new deal would pay for contracts for new players comfortably.

Love the term, 'war chest'!

 

I hope it's literal in our case.

[Babylon]

Assuming a ~50% "depreciation" for the more recent transfers:

 

Kram: 5m

Inler: 3m

Benalouane: 5m

 

And there's obviously going to be a market in the Championship for these sorts of players:

De Laet: 2m

Hamer: minimal

Lawrence: 3m

 

That's ~15M right there, and I think I'm being reasonably conservative. Get rid of the dead weight and there's one good player!

Nobody will pay the wages they are on, so we'll have to take well under what they might be worth to get them off our books. Nobody in their right minds would pay that money up front for three people who haven't kicked a ball hardly for us... and haven't looked more than average to ok when they have.

 

We'd probably get more for De Laet and Lawrence than we would someone like Benalouane.

[Babylon]

Musa & Dragovic I'd imagine. We always seem to sign players we were linked with one window in the following one.

 

We have it all in place to sustain ourselves around the top for me. We also appreciate why you can't throw money away, the others around the top don't seem to. We can't match them for finances but we've got a lot of other qualities about us that are under-appreciated by the majority in this "you can't compete with them because they spent £100mil" culture.

What makes us, us... is the mentality of the players and how they all work for each other. We and they don't allow people to come in and not pull their way or be an arse. We need to keep that, so I don't think we'll go mad.

[Jace]

Lets not forget that £31m included a rather iffy £10m from Trestelar... so it's actually pretty much 4 x our normal championship income.

 

 

Yes thats a good point, I wonder if Trestelar will be investing anything this year 

[Finnaldo]

Nobody will pay the wages they are on, so we'll have to take well under what they might be worth to get them off our books. Nobody in their right minds would pay that money up front for three people who haven't kicked a ball hardly for us... and haven't looked more than average to ok when they have.

 

We'd probably get more for De Laet and Lawrence than we would someone like Benalouane.

One word: China. 

[MPH]

Ok, now down with the ticket prices - time to make other clubs' fans even more jealous!

 

 

 

From a business point of view, there would be no reason to reduce ticket prices. We are already operating at 98.5% of capacity.... But it would be nice!

[richardsfoxes]

Fantastic news, now announce a stadium expansion, sign some class players to add to the squad, cheapen ticket prices, keep our best players and you will have every Leicester fan frothing. 

[foxes_rule1978]

From a business point of view, there would be no reason to reduce ticket prices. We are already operating at 98.5% of capacity.... But it would be nice!

Exactly, they certainly aren't going to lower when there is huge demand

[Babylon]

One word: China. 

Good point... I retract my previous statement. If we get lucky and China want them, then we'll get £40m for the lot.... they will love buying "2015/2016 Premier league winners"

[Jace]

Exactly, they certainly aren't going to lower when there is huge demand

 

 

I'm 99.9% it was not a serious comment......

[Wymsey]

I would like to see the club attempt to settle some out the debt left to local businesses at the time when we went into administration. Now the ball is on the other foot this would be a brilliant gesture. Or is this too simplistic?.

You mean the companies that gave the club much-needed cash during that time?

 

It would be strange, really, as it was donations by those (companies) that had good relationships with the club. I asked my Father, who was part of the consortium, a while ago whether LCFC would return the money his company gave to support the club at the time back and he didn't expect any returns to any company/person.

[davieG]

You mean the companies that gave the club much-needed cash during that time?

 

It would be strange, really, as it was donations by those (companies) that had good relationships with the club. I asked my Father, who was part of the consortium, a while ago whether LCFC would return the money his company gave to support the club at the time back and he didn't expect any returns to any company/person.

I'm sure he means the creditors that lost money when we went into administration a lot of whom were small local companies.

[st albans fox]

I doubt they would be thinking to take a dividend. If they did it would be deserved but I'm sure the level of promotion that the King Power brand has received this season would have cost more than they would take in a dividend.

.

 

Just wondered. what we think and what they do might be two different things. after all, they converted their 100 mill loans into shares so unless they take divis, they will not get any of it back directly. the king power promotional stuff should be paid for by KP at above the market rate to help with FFP (in whatever shape it now exists) as we are in Europe next year and must meet the requirements. I suspect they can take dividends without upsetting the FFP rules. 

[Great Boos Up]

We should invest off the field as well,

 

It's mentioned on here on an almost daily basis but our club shop and online facilties are still at Championship level,

 

I went in the shop on thursday and pratically every item of Puma clothing was XXL. I couldn't even get a training top in M,

 

We need a Megastore near the Highcross and a vastly improved online system to go alongside the stadium store,

 

Currently we have zero presence in the City centre, that needs to change

If we haven't been able to sell any shirts locally or world wide for the last 4 months how much money have we lost out on?

[MrSpaM]

So we'll have about 40 million to spend in the summer then    

[yorkie1999]

Correct me if i'm wrong but, if our earnings were 104 million and we have to pay tax on that at something like 40% which is about £40million, this £26million pre-tax profit will end up being a loss of £13million 

[MPH]

Tuppence to increase the bandwith for web  traffic would be nice!

[narboroughblue]

Correct me if i'm wrong but, if our earnings were 104 million and we have to pay tax on that at something like 40% which is about £40million, this £26million pre-tax profit will end up being a loss of £13million

Corporation tax is on profits not turnover and generally at the rate of 20% therefore tax bill of just over £5million.

[yorkie1999]

Corporation tax is on profits not turnover and generally at the rate of 20% therefore tax bill of just over £5million.

Oh. So if you don't make any profit, you don't pay any tax.

[Hitesh]

Corporation tax is on profits not turnover and generally at the rate of 20% therefore tax bill of just over £5million.

Id also doubt we're paying 20% on the whole of the profit either, there will be some clever accountants sorting that out!

Oh. So if you don't make any profit, you don't pay any tax.

Yep, as you haven't earned anything to tax.

[Vicki Vixen]

Correct me if i'm wrong but, if our earnings were 104 million and we have to pay tax on that at something like 40% which is about £40million, this £26million pre-tax profit will end up being a loss of £13million

Corporation tax is applied to profit rather than revenue. The tax rate is 20%.

[richardt]

Good evenening foxes.im more than new.my name is richardt,my grandpa(rip)george,i was born in hannover,city of george the v.im an old 45 hsv(!) The history and the magic of the small and powerfull,that is what im standing for.so big hallo to all of your defenders.bhm

[Dan]

What makes us, us... is the mentality of the players and how they all work for each other. We and they don't allow people to come in and not pull their way or be an arse. We need to keep that, so I don't think we'll go mad.

 

Correct, and I've seen enough from us in the last few years to think that we appreciate that as a club and we will keep building around that. Every single new signing seems to bed in. Even the likes of Inler and Benalouane, for all they haven't really fit the bill on the pitch, look to have settled in nicely with the squad. No egos, just a group of talented players who work for each other and have the same aim, all pulling in the same direction. We've gotten lucky that so many top clubs have had an off-year, but I don't think it's a co-incidence that we are the ones who've taken advantage, we've got a cracking set up.