norwichfox Posted 13 February 2017 Posted 13 February 2017 There seems to be a lot of underlying currents all flowing the wrong way I'm genuinely worried that our owners (who I still think are a country mile better than those of any other English club) will say enough is enough and turn their backs on English Football and sell the club. With the high wages that are in place, we are in deep sh1t if the contracts have been poorly drafted (quite likely) with regard to relegation. We could then be landed with a core of players that just decide to hang around for a high wage for doing sod all (as per this season). I fear for the future of our club, which could relatively easily been secured for a four or five year span future during the Summer transfer window. I just can't imagine that they would tolerate another Leicester City "ten year gap".
Guest Mickyblueeyes Posted 13 February 2017 Posted 13 February 2017 The fact we are even having conversation like this 8 months after winning the sodding title of the richest league in the world is why I will never forgive anyone associated with the running the club this year. Rudkin, Top, Ranieri and the players. You're all ****ing idiots. I like the fact Vichai is taking a strong hold on showing up to matches and checking on his investment - he's the only business brains. The CEO is very good at the retail aspect (see the run in hospitality package announced today). .
AmarteyAndChill Posted 13 February 2017 Posted 13 February 2017 We still have a brilliant chance of going straight back up with we spend the money wisely in the summer. Parachute payments will help us. If we don't go up next season the I think they will leave.
Fox92 Posted 13 February 2017 Posted 13 February 2017 They won't want us to get relegation. It's a shot in foot for their King Power business which is currently known by everybody with us being in the PL.
The Doctor Posted 13 February 2017 Posted 13 February 2017 Having bought us in the championship and gone through 4 seasons to get up? They're obviously not just in it for the prem or they'd have gone elsewhere rather than buying the club in the first place.
Stadt Posted 13 February 2017 Posted 13 February 2017 10 minutes ago, AmarteyAndChill said: We still have a brilliant chance of going straight back up with we spend the money wisely in the summer. Parachute payments will help us. If we don't go up next season the I think they will leave. So does every club that goes down, Villa are shit, Blackburn, Wigan, Bolton and so on. We need to completely rebuild the squad irrespective of what division we're in. It won't be easy at all if we're relegated.
splinterdream Posted 13 February 2017 Posted 13 February 2017 15 minutes ago, AmarteyAndChill said: We still have a brilliant chance of going straight back up with we spend the money wisely in the summer. Parachute payments will help us. If we don't go up next season the I think they will leave. Spend the money wisely?????? hahahaha
TrentFox Posted 13 February 2017 Posted 13 February 2017 If the name of the game is brand awareness, then relegation is not a disaster for their associated businesses. The loss of income clearly is. For the second year running, though, the whole world will know LCFC.
st albans fox Posted 13 February 2017 Posted 13 February 2017 We made 30 mill profit last season we will make nearer 50 mill this one they gave us a 100 mill to write off the debt by converting their loans into equity. They are entitled to take that back. They could walk away and be better off than when they bought us. And they could demand a fee for the club depending on where we are. In the championship that would depend on the amount owed to settle all contracts taken off the asset value of the players. I reckon they could easily walk away with well over a hundred million profit. I don't believe they are the kind of people to walk away but if they are advised that they will never get a better return on their original investment than now and they have fallen out of love with the whole sorry business if we are relegated then who knows,
GloverFox Posted 13 February 2017 Posted 13 February 2017 7 minutes ago, st albans fox said: We made 30 mill profit last season we will make nearer 50 mill this one they gave us a 100 mill to write off the debt by converting their loans into equity. They are entitled to take that back. They could walk away and be better off than when they bought us. And they could demand a fee for the club depending on where we are. In the championship that would depend on the amount owed to settle all contracts taken off the asset value of the players. I reckon they could easily walk away with well over a hundred million profit. I don't believe they are the kind of people to walk away but if they are advised that they will never get a better return on their original investment than now and they have fallen out of love with the whole sorry business if we are relegated then who knows, ... and that's the sad fact, forget the word Club ... it's merely a business asset, cash in to buy and take the punt, fantastic chance happening with big promotional values and then cash out and run! But maybe, just maybe they see a bigger picture in all this ... the Far East side of things have bought into the brand and whilst we remain in the Prem it's all a good revenue stream with trickled turn-over, but as you say if relegated ... well who knows!
Bayfox Posted 13 February 2017 Posted 13 February 2017 I'm going for selling to buy a Chinese club. KP have never managed to get into UK or European airports to my knowledge. Chinese tourist are their biggest market. Just my conspiracy theory
Struwwelpeter60 Posted 13 February 2017 Posted 13 February 2017 24 minutes ago, st albans fox said: We made 30 mill profit last season we will make nearer 50 mill this one they gave us a 100 mill to write off the debt by converting their loans into equity. They are entitled to take that back. They could walk away and be better off than when they bought us. And they could demand a fee for the club depending on where we are. In the championship that would depend on the amount owed to settle all contracts taken off the asset value of the players. I reckon they could easily walk away with well over a hundred million profit. I don't believe they are the kind of people to walk away but if they are advised that they will never get a better return on their original investment than now and they have fallen out of love with the whole sorry business if we are relegated then who knows, And not to forget: the also own the stadium.
Blanchflower78 Posted 13 February 2017 Posted 13 February 2017 I posted a similar topic a few weeks back which was removed shortly after, seemed a reasonable topic to me?!
dannythefox Posted 13 February 2017 Posted 13 February 2017 They won't sell its business doing very well obviously if we go down it's not good but they'll have there eye on another 100M for promotion.
reynard Posted 13 February 2017 Posted 13 February 2017 54 minutes ago, TrentFox said: If the name of the game is brand awareness, then relegation is not a disaster for their associated businesses. The loss of income clearly is. For the second year running, though, the whole world will know LCFC. Playing in the Premier League gives the exposure on television in a global way that they simply could not get just by buying advertising space. The reduced exposure and poor TV coverage in comparison in the Championship would be a massive blow to their business and also would have a serious negative impact on inward sponsorship and advertising revenue.
TrentFox Posted 13 February 2017 Posted 13 February 2017 2 minutes ago, reynard said: Playing in the Premier League gives the exposure on television in a global way that they simply could not get just by buying advertising space. The reduced exposure and poor TV coverage in comparison in the Championship would be a massive blow to their business and also would have a serious negative impact on inward sponsorship and advertising revenue. You're taking a medium - long term perspective. The OPs point was 'are they'.
reynard Posted 13 February 2017 Posted 13 February 2017 2 minutes ago, TrentFox said: You're taking a medium - long term perspective. The OPs point was 'are they'. I'd say relegation in three months time is now in the business timetable. Whether they stay or not would depend upon the price they would get and that would depend upon the league we were in. Of course they could be in it for pureley altruistic reasons and a deep love of the game.
TrentFox Posted 13 February 2017 Posted 13 February 2017 35 minutes ago, reynard said: I'd say relegation in three months time is now in the business timetable. Whether they stay or not would depend upon the price they would get and that would depend upon the league we were in. Of course they could be in it for pureley altruistic reasons and a deep love of the game. Love your optimism. Good for you. Let's hope you're right.
HankMarvin Posted 13 February 2017 Posted 13 February 2017 Get the cars back and give them mountain bikes to get fit on
WigstonWanderer Posted 14 February 2017 Posted 14 February 2017 They seem much more distant this season and I wonder whether the passing of the King of Thailand has anything to do with it. Perhaps other aspects of their business demand attention. Also Top seemed completely disillusioned when the FA refused to rescind Vardy's ban. It may well be that buying a football club was just a rich person' indulgence, and they are now tiring of the venture. They do have other sporting interests. They appear to be backing Claudio to the end, so must be now expecting relegation as a reasonable probability. Who knows?
Struwwelpeter60 Posted 14 February 2017 Posted 14 February 2017 1 hour ago, reynard said: Playing in the Premier League gives the exposure on television in a global way that they simply could not get just by buying advertising space. The reduced exposure and poor TV coverage in comparison in the Championship would be a massive blow to their business and also would have a serious negative impact on inward sponsorship and advertising revenue. Thanks to last season, every football fan in the world now knows King Power. They have already achieved much more, than they probably ever hoped for. Mission accomplished?
Struwwelpeter60 Posted 14 February 2017 Posted 14 February 2017 6 minutes ago, WigstonWanderer said: They seem much more distant this season and I wonder whether the passing of the King of Thailand has anything to do with it. Perhaps other aspects of their business demand attention. Also Top seemed completely disillusioned when the FA refused to rescind Vardy's ban. It may well be that buying a football club was just a rich person' indulgence, and they are now tiring of the venture. They do have other sporting interests. They appear to be backing Claudio to the end, so must be now expecting relegation as a reasonable probability. Who knows? I don't think, that the buying of LCFC was a rich person' indulgence. They acquired the club, because they were looking for a marketing tool to promote King Power in Britain and Europe. It worked like a charm. King Power has, thanks to the title win, become a household name. Not only in Britain, but worldwide. They couldn't ask for more.
BigWesMorgan Posted 14 February 2017 Posted 14 February 2017 It's not going to look good for their brand if we go down but....we're in a strong financial position to go straight back up
STUHILL Posted 14 February 2017 Posted 14 February 2017 4 hours ago, norwichfox said: There seems to be a lot of underlying currents all flowing the wrong way I'm genuinely worried that our owners (who I still think are a country mile better than those of any other English club) will say enough is enough and turn their backs on English Football and sell the club. With the high wages that are in place, we are in deep sh1t if the contracts have been poorly drafted (quite likely) with regard to relegation. We could then be landed with a core of players that just decide to hang around for a high wage for doing sod all (as per this season). I fear for the future of our club, which could relatively easily been secured for a four or five year span future during the Summer transfer window. I just can't imagine that they would tolerate another Leicester City "ten year gap". I don't think this will be the case. Yes, we have some players on silly wages, but we also have a load of money coming this year just from being in the Premier and Champions League. We also have some very expensive assets to sell in Mahrez, Kasper, Slimani and even some of the younger players if we need to (hopefully not). We will also benefit from very generous parachute payments for a few seasons and not to mention our owners are Billionaires and only seem to be getting richer by the sounds of it. It's not like we are a Bolton with 175million debt either. We will likely be stuck with players like Vardy, Morgan, Huth, Simpson etc for 2-3 years on high wages, but I am confident we have more than enough to stay financially stable, and this is if we don't go back up too. Obviously, financially, we will take a hit, but not in the sense it will put us in danger, more so that we could have a lot more money coming in from staying in the Premier League and so that could drop us behind clubs that stay in the league. Very unlikely the owners would leave too, as they would be able to sell us for much higher amount in the Premier League and so it would be worth them getting us back there first.
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