Club being sold?

[TheStig]

3 hours ago, Lambert09 said:

KP stadium, korea power ? 

 

I could see it now, they would be showing our title winning season every year back in N korea so that they could claim to have turned us into the best club like they are doing with the country. 

North Korea that is then......

[Daggers]

7 hours ago, SkidsFox said:

Can't someone send a tweet to Elon Musk? How else is he going to know the club is for sale?

I don’t think anyone wants Wayne Brown’s contract reinstated. 

[filthyfox]

3 hours ago, MattFox said:

I mean the Thai Military Junta who King Power are subservient too are hardly angels themselves 

You would get shot for saying such things in Thailand 

[ithuriel]

More chance of pixies and faerie folk being at the bottom of my garden me thinks

[SpacedX]

4 minutes ago, ithuriel said:

More chance of pixies and faerie folk being at the bottom of my garden me thinks

I thought you believed in all that stuff? 

[Jaspa]

If anyone it'll be more Americans. They're taking the game club by club.

[ithuriel]

2 minutes ago, Line-X said:

I thought you believed in all that stuff? 

Only when I'm sober

[alanf0x]

Will always be grateful to Vichai, Top and the current board, but now does feel the right time for a cash injection. As this season has showed, fail to invest, you will get left behind

[sacreblueits442]

7 hours ago, SkidsFox said:

Can't someone send a tweet to Elon Musk? How else is he going to know the club is for sale?

....he would be too involved in the club, he is very flakey!!!

[st albans fox]

11 minutes ago, alanf0x said:

Will always be grateful to Vichai, Top and the current board, but now does feel the right time for a cash injection. As this season has showed, fail to invest, you will get left behind

The problem is usually that the owner of shares will want a high price for them and then you ask why an investor would then put money into the club if the current incumbent doesn’t ??

 

a full sale would have to be to a mega wealthy ownership who can both stump up the £500m that KP would want (min) and then have plenty left to still put into the club. 
 

I am of the opinion that Top would not want to lose control 

[GingerrrFox]

I’ve heard that the club has been available for a while. Covid haemorrhaged King Power’s net worth. The club has hit its ceiling without new investment. I’d be comfortable in saying there’s new owners before the end of 2023. 

[jonathan_ross]

1 hour ago, TheStig said:

North Korea that is then......

The outside of the stadium already looks like something from North Korea

Edited 2 November 2022 by jonathan_ross

[Guest Chocolate Teapot]

12 minutes ago, st albans fox said:

The problem is usually that the owner of shares will want a high price for them and then you ask why an investor would then put money into the club if the current incumbent doesn’t ??

 

a full sale would have to be to a mega wealthy ownership who can both stump up the £500m that KP would want (min) and then have plenty left to still put into the club. 
 

I am of the opinion that Top would not want to lose control 

Never going for anything above 350m.

[Matt]

I certainly think it's fair to say the club/KP needs other investment, if that means selling a share or stake, so be it.

 

The feeling of writing the season off before it started and every day that goes by confirming that more, isn't good for anyone.

[SpacedX]

28 minutes ago, alanf0x said:

Will always be grateful to Vichai, Top and the current board, but now does feel the right time for a cash injection. As this season has showed, fail to invest, you will get left behind

What on earth are you talking about? We have recently moved to a new £100m training ground investment, and the owners have committed to a stadium and facilities development. The Chairman has detailed the reasons and rationale behind the lack of activity in the transfer market. 

 

19 minutes ago, GingerrrFox said:

I’ve heard that the club has been available for a while. 

That settles it then. 

 

This forum - ffs. 

[ARM1968]

Seems odd frankly considering the importance of the location to our owners. However it might explain a few things. 

[st albans fox]

9 minutes ago, Chocolate Teapot said:

Never going for anything above 350m.

Given the current position, someone could try their luck at that price - I guess it depends on how much KP would want to sell a stake 

 

Cretinsky paid a lot more for his 27% and option to buy than the accepted valuation of West Ham around £380m 

 

if the premier league handle their rights in a savvy way then there is an awful lot more to be made once they stick it on a premier league pay as you go platform (although the fat six will have to play ball or they will take too much of the pie )

 

 

[davieG]

59 minutes ago, alanf0x said:

Will always be grateful to Vichai, Top and the current board, but now does feel the right time for a cash injection. As this season has showed, fail to invest, you will get left behind

They can't inject cash to buy players due to FFP, to argue they've failed to invest is laughable. Any new investment can only be used for none football projects.

[st albans fox]

9 minutes ago, davieG said:

They can't inject cash to buy players due to FFP, to argue they've failed to invest is laughable. Any new investment can only be used for none football projects.

Oh yeah - the narrative …..

they could easily inflate the stadium naming rights - they effectively pay a pittance for that. There are other ways too. 

[Lambert09]

34 minutes ago, ARM1968 said:

Seems odd frankly considering the importance of the location to our owners. However it might explain a few things. 

I read somewhere their wealth dropped several billion...  we are part of his dad's legacy but you are darn right crazy if you dont realise that his main legacy is of course the business that all this success is built off. If money gets tight, we are the first to go. 

Edited 2 November 2022 by Lambert09

[davieG]

3 minutes ago, st albans fox said:

Oh yeah - the narrative …..

they could easily inflate the stadium naming rights - they effectively pay a pittance for that. There are other ways too. 

Of course but it's still peanuts Our wages are way too high so preventing us from recruiting anyway. Getting wages down is the best way to fund reinvestment in the team.

 

Besides aren't we being closely monitored by UEFA so any change in KP investment would be scrutinised closely,

[Always Next Year]

Club being sold.

Biggest load of Bo—ocks ever to be put on this forum 

[st albans fox]

6 minutes ago, davieG said:

Of course but it's still peanuts Our wages are way too high so preventing us from recruiting anyway. Getting wages down is the best way to fund reinvestment in the team.

 

Besides aren't we being closely monitored by UEFA so any change in KP investment would be scrutinised closely,

KP have ever inflated their sponsorship of us over the years by a long way. There is plenty of leeway if they wanted 

 

we understand the reason why at the moment 

[An Sionnach]

6 minutes ago, Always Next Year said:

Club being sold.

Biggest load of Bo—ocks ever to be put on this forum 

How many PL clubs have been sold in the last ten years - quite a few. It may not happen but it is conceivable. We are losing money and football is a business.

[ARM1968]

18 minutes ago, Lambert09 said:

I read somewhere their wealth dropped several billion...  we are part of his dad's legacy but you are darn right crazy if you dont realise that his main legacy is of course the business that all this success is built off. If money gets tight, we are the first to go. 

Yeah the value of the company dropped from about $3 billion to just over $1 billion during the pandemic. They’ve been great owners. Perhaps they want to find us who have more money and can take us forward.