PL ownership survey -- Mail on Sunday

[Freeman's Wharfer]

3 minutes ago, BenTheFox said:

I feel as though people have massively overreacted to this. You're not even really criticising the owners of the club either. It's not neccessarily a bad thing that they are not spaffing loads of their own money on big transfers, because that can bring its own issues. 

 

People talk of the new training ground and the stadium expansion as though they are part of a long-term strategy for us to compete at the top of the table and that is is being done out of the goodness of their hearts. They may help, but I believe first and foremost that these decisions have been made to make the club more valuable for them to ultimately sell it when the time is right. I am not saying that this is an issue because they are going to leave behind a far better football club than they picked up, but you are very naive if you think that very wealthy business people from Thailand would buy Leicester City just as a passion project, they obviously want to see financial gain.

 

Disappointing but not surprising that people have gotten very defensive and have suggested that you are ungrateful and that you should support a club who have the worst owners imaginable. It's frankly very immature of them. 

Thank you, thank you, thank you!

 

I find it intriguing. The ownership has been great for our club, but there’s an element of cult about it in our fan base.
 

Like a world without King Power owning LCFC is unimaginable and that every bit of investment made is charity by the owners rather than a business just doing what it has to and probably would do regardless of who ultimately holds the keys.

[Suzie the Fox]

Done 

[KingsX]

 

50 minutes ago, Freeman's Wharfer said:

I find it intriguing. The ownership has been great for our club, but there’s an element of cult about it in our fan base.
 

Like a world without King Power owning LCFC is unimaginable and that every bit of investment made is charity by the owners rather than a business just doing what it has to and probably would do regardless of who ultimately holds the keys.

 

Bullcrap!  Don’t give me nonsense about a “cult” supporting the owners.  Your post was a spoiled whine about lack of investment ...

 

3 hours ago, Freeman's Wharfer said:

Many won’t want to hear it - there’s unbelievably good PR and narrative surrounding King Power’s ownership - but I’m starting to think they have taken the club as far as they can.

 

This narrative of doing it “the sustainable way” and competing with the big boys by somehow being smarter is just smokescreen for limited investment. The fact is the sustainability of football clubs is largely nothing to do with the owners and completely reliant on what happens with tv money.

 

Our owners get kudos for a training ground and stadium expansion as if 8 years in the Premier League with the tv money year on year, selling numerous players for crazy profit and money from a Champions League campaign has nothing to do with it. It’ll be largely paid for from money the club has generated than has been put in by King Power as some kind of benefactor.

 

... and I'm taking you down.

 

Massive investment has gone in, and continues.  Start with the over ₤100M KP loaned to retire the club’s debts on acquisition.  That was “converted to equity”, i.e. forgiven.  Much of the rest of the owner-held debt is for the training center and stadium rebuild.  Long term investments that strengthen the club into future generations, no matter who owns it.  If that’s “taking the club as far as they can”, well, poor job then eh?

 

So what can we crucify them with?  Ah … they could cash out at a slim profit!  Well, in this business, it’s the select few can actually build and run a club that end up in that position.  Most of those who have bought Championship clubs since 2010 (even some PL clubs) have run them into the ground and are desperate to sell.  So I guess you would rather praise Mel Morris … who actually did burn 9 figures worth of his very own cash to destroy Derby.

 

Most of us can maintain a perfectly clear view of how KP have built the value of their financial asset in LCFC.  While balancing that against

  (1) how they also have built its value as a community asset and footballing entity, and

  (2) the long list of rich owners who have bought into this business and gutted clubs through incompetence and/or greed.

 

Would they take all their money back out if they sold?  Yes, I would think so.  Who really wants to find out?

 

 

 

 

[Nalis]

Fvk giving this shit rag any food.

 

Doesnt really matter what we say, Mein Kampf on Sunday will just manipulate it to thier agenda

Edited 21 January 2022 by Nalis

[Aus Fox]

1 hour ago, Freeman's Wharfer said:

Thank you, thank you, thank you!

 

I find it intriguing. The ownership has been great for our club, but there’s an element of cult about it in our fan base.
 

Like a world without King Power owning LCFC is unimaginable and that every bit of investment made is charity by the owners rather than a business just doing what it has to and probably would do regardless of who ultimately holds the keys.

There’s the key points:

The club aren’t just doing what anyone would do regardless of who holds the keys. 
Look in recent years at the owners of Blackpool, Portsmouth, Bolton, Blackburn, Derby, all player Premier League football, but have been totally pissed on by their incompetent owners.

Then you look at Arsenal, Spurs, Man Utd, Chelsea, Liverpool, Man City - looking to break away and form a super league.

Even clubs like Burnley, WBA, Norwich, lots of time in the Premier League, with no significant investment in the future of the club.

Everton and Villa continually get it wrong off the pitch.

If they were just doing what any owners would do regardless of who holds they keys, every team that has spent more than 3 years in the PL could have a state of the art training facility.

Every team would be looking to grow the stadium and surrounds.

This isn’t happening with every owner, and that’s without going into the give aways, the donations to local charities and the success that’s being funded off the field.

[lifted*fox]

2 hours ago, Freeman's Wharfer said:

Like a world without King Power owning LCFC is unimaginable and that every bit of investment made is charity by the owners rather than a business just doing what it has to and probably would do regardless of who ultimately holds the keys.

 

 

Edited 22 January 2022 by lifted*fox

[sacreblueits442]

12 hours ago, Freeman's Wharfer said:

Thank you, thank you, thank you!

 

I find it intriguing. The ownership has been great for our club, but there’s an element of cult about it in our fan base.
 

Like a world without King Power owning LCFC is unimaginable and that every bit of investment made is charity by the owners rather than a business just doing what it has to and probably would do regardless of who ultimately holds the keys.

.. we could be Derby or perhaps  Forest, but  we are a club in the top tier, having achieved the impossible by shrewd investment and foresight!!!

  The building of the training ground and subsequent added development are moves to underpin the strengths of this club and even more importantly sustainability!!

  The owners have set out what they want to achieve, we know what they want to achieve, and how they are going to go about achieving it.

 You take a look around you and tell me which other clubs owners would you wish was at the helm of this ship. The support of the community and the pride and success they have brought to this club, does not warrant cynicism from anyone.

  Just sit back and take a look at Derby and Forest, that could easily have been us!!!

[leicesterseddon]

The Good: Decent but not irresponsible levels of investment in players; long-term commitment; willingness to invest in infrastructure; huge success on the pitch;  haven’t massively jacked up ticket prices

 

The Bad: Ticketing arrangements/ticket office; lack of transparency over certain decisions (e.g. FA Cup final travel rules); lack of real engagement with fans; a tendency to put themselves centre-stage in the club’s history 

 

The Ugly: Pretty much everything to do with the ‘matchday experience’; clappers; goal music, etc. 
 

So on balance very good owners you have to say, even if there aspects of their approach that aren’t perfect… 

[Stadt]

We have good owners but we’re mostly a moderate to badly ran club. Some high profile transfer successes have been extrapolated into this idea we’re a model club.

 

Even the high profile transfer successes were mostly Pearson era signings, so we’re coasting on the legacy of a manager that left 7 years ago.

 

Catering, ticketing, fan engagement &  atmosphere have been issues for years and very little seems to happen.

[Arkie Bennett]

13 hours ago, Nalis said:

Fvk giving this shit rag any food.

 

Doesnt really matter what we say, Mein Kampf on Sunday will just manipulate it to thier agenda

Same here, I'm not helping the Heil on Sunday.

[Simoken]

12 hours ago, lifted*fox said:

 

 

LOL thats the look i gave after reading that mouthful of tryhard nonscene

[FLINTHAMFC]

Seriously who cares?

 

If you support Watford and you read results of some crappy pointless survey that say Watford are the 15th on the list of well run clubs (according to their criteria) how does that better your lot. What exactly is the point?

 

Plus surveys are only filled out by people who aren't savvy enough to dodge them, why would you listen to them?

[David Hankey]

Done

[David Hankey]

24 minutes ago, FLINTHAMFC said:

Seriously who cares?

 

If you support Watford and you read results of some crappy pointless survey that say Watford are the 15th on the list of well run clubs (according to their criteria) how does that better your lot. What exactly is the point?

 

Plus surveys are only filled out by people who aren't savvy enough to dodge them, why would you listen to them?

What an idiotic comment your last sentence is.

[FLINTHAMFC]

But true

[David Hankey]

20 minutes ago, FLINTHAMFC said:

But true

And how is that? Purely your opinion, nothing more nothing less!!