Financial implications of relegation?

[Wasyls Pec Deck]

How easy will it be to sell everyone though? I think Covid was partly responsible for ditching the model that served us so well - ie sell an asset and reinvest - because Covid hit everyone’s balance sheets so hardly any clubs had the wonga to buy our assets. We’ll be stuck with a lot of them I reckon, particularly the Vestergaards of this world and the ones we want rid of the most.

[An Away Move]

I’m very worried about the costs of running our training ground and all the infrastructure plans. Assets for a Premier League club but could become massive liabilities for a Championship / League One club. 

[An Away Move]

3 minutes ago, Wasyls Pec Deck said:

How easy will it be to sell everyone though? I think Covid was partly responsible for ditching the model that served us so well - ie sell an asset and reinvest - because Covid hit everyone’s balance sheets so hardly any clubs had the wonga to buy our assets. We’ll be stuck with a lot of them I reckon, particularly the Vestergaards of this world and the ones we want rid of the most.

My fear is that relegated clubs don’t get the same money for their players as when Premier League clubs buy from each other. 
It’s going to be tough to watch after getting used to selling players like Maguire and Fofana for big bucks. 

[st albans fox]

3 minutes ago, An Away Move said:

My fear is that relegated clubs don’t get the same money for their players as when Premier League clubs buy from each other. 
It’s going to be tough to watch after getting used to selling players like Maguire and Fofana for big bucks. 

 this will happen 

but most of them aren’t worth what we think they are anyway !

[Wasyls Pec Deck]

22 minutes ago, An Away Move said:

My fear is that relegated clubs don’t get the same money for their players as when Premier League clubs buy from each other. 
It’s going to be tough to watch after getting used to selling players like Maguire and Fofana for big bucks. 

I agree completely 

[Dames]

30 minutes ago, An Away Move said:

My fear is that relegated clubs don’t get the same money for their players as when Premier League clubs buy from each other. 
It’s going to be tough to watch after getting used to selling players like Maguire and Fofana for big bucks. 

The worst part is that we will still try to drive a hard bargain and potentially leave it too late to get any decent players in with the money we do get.

[davieG]

38 minutes ago, Wasyls Pec Deck said:

Vestergaard

He'd probably be ok in the Championship depending of course on how we play.

[turlo]

36 minutes ago, Wasyls Pec Deck said:

How easy will it be to sell everyone though? I think Covid was partly responsible for ditching the model that served us so well - ie sell an asset and reinvest - because Covid hit everyone’s balance sheets so hardly any clubs had the wonga to buy our assets. We’ll be stuck with a lot of them I reckon, particularly the Vestergaards of this world and the ones we want rid of the most.

The likes of Vestergaard on 60-70 k/week will be very difficult to shift. Either he agrees to move and take a pay cut, or we have to contribute towards his wages. The likes of Mendy & Praet will be snapped up by Turkish or Italian clubs for next to nothing (Torino will be happy they didn't pay the 15 mill we wanted for Praet last summer!). 

[Babylon]

55 minutes ago, Wasyls Pec Deck said:

How easy will it be to sell everyone though? I think Covid was partly responsible for ditching the model that served us so well - ie sell an asset and reinvest - because Covid hit everyone’s balance sheets so hardly any clubs had the wonga to buy our assets. We’ll be stuck with a lot of them I reckon, particularly the Vestergaards of this world and the ones we want rid of the most.

Easier then when in the premier league, as their wages drop so much a) they'll want to go and b) it puts them in reach of many more clubs. Plus, we'll need to sell and are more likely to accept reduced offers. 

[David Hankey]

51 minutes ago, An Away Move said:

My fear is that relegated clubs don’t get the same money for their players as when Premier League clubs buy from each other. 
It’s going to be tough to watch after getting used to selling players like Maguire and Fofana for big bucks. 

Well, technically, after relegation they are second rate players.

[Pliskin]

We will be able to sell everyone we want to. It’s then just a case of bringing players in. Who do you target? 

[The Year Of The Fox]

3 hours ago, davieG said:

Apparently you don't get that if you get straight back up I read recently?

I think we’ll be getting parachute payments then 

[An Sionnach]

1 minute ago, Babylon said:

Easier then when in the premier league, as their wages drop so much a) they'll want to go and b) it puts them in reach of many more clubs. Plus, we'll need to sell and are more likely to accept reduced offers. 

If Rodgers's contract is anything to go by , championship or not , players like Vestergaard will still be getting their full salary.

[Scotch]

1 minute ago, An Sionnach said:

If Rodgers's contract is anything to go by , championship or not , players like Vestergaard will still be getting their full salary.

Not according to Percy who insists contracts are written to reduce by 35-50 % if we go down. 

[FoxFossil]

2 hours ago, SemperEadem said:

Seagrave absolute vanity project. 

Rename it Brendans Folly?

[An Sionnach]

9 minutes ago, Scotch said:

Not according to Percy who insists contracts are written to reduce by 35-50 % if we go down. 

He is a hack so I would never believe a word he says. Even worse he scribbles for that idiot rag The Telegraph. Rule ****ing Britannia!!

Edited 9 May 2023 by An Sionnach

[whetstonefox]

With the squad needing major overhaul we can’t wait for the right offer so we will get less value than we’d want for some players. Championship clubs are probably already lining up new players, we won’t be doing that till at least May 28th, time won’t be our friend. If we wait till end of June before selling Maddison and Barnes we will run the risk of being left behind. Will be an intriguing summer. Not much room for error if we want to bounce straight back. 

[Scotch]

I'm probably being niave but I think we'll be OK financially.

 

TV money/parachute payments taking care of loans. 7 players out of contract, freeing up somewhere around £500k a week. Likely to be around 5/6 players sold on top of that, freeing up their wages and recouping a decent, albeit reduced set of fee's. Everyone else having their wages reduced by 35 to 50 %.

 

It can maybe be looked at as a chance to reset. Get back to the Leicester model, reshape our squad. Bring in a manager to shape that. The only worry is I don't trust anyone at the club to do that as it stands. 

[Scotch]

6 minutes ago, An Sionnach said:

He is a hack so I would never believe a word he says. 

I've watched football long enough to know that everything needs to be taken with a pinch of salt but I've also followed Leicester long enough to know that when Percy says something outright about us, it's generally a safe assumption. He doesn't often speculate but sticks to the facts. 

[AKCJ]

12 minutes ago, Scotch said:

Not according to Percy who insists contracts are written to reduce by 35-50 % if we go down. 

I've heard differently. 

 

There's been a ridiculous arrogance from everyone at the club that we won't/can't go down.

[copunk]

Have no idea about the financial side of things, however we all know relegation hits any club massively in their pocket

Recruitment wise, all I want is to watch 11 players on the pitch for us, give their all, look like they know what they are doing, set up correctly and play decent (would even take semi decent) football again 

If we are sat in the championship for the next few years but the football is good and watchable I will take that, I just want to go into a game with confidence we won't concede in the first 10 mins and completely implode 

[Wasyls Pec Deck]

33 minutes ago, Scotch said:

Not according to Percy who insists contracts are written to reduce by 35-50 % if we go down. 

I pray this is correct otherwise the buckets will have to come out for a whip round 

[Wasyls Pec Deck]

40 minutes ago, Babylon said:

Easier then when in the premier league, as their wages drop so much a) they'll want to go and b) it puts them in reach of many more clubs. Plus, we'll need to sell and are more likely to accept reduced offers. 

Hopefully. I genuinely think that we have players who think they are top 6 standard, but I really question whether a top 6 side would want any of them. We know who they are… and their arrogance and lack of awareness is partly why we are in this mess.

 

Tielemans - now looks like a donkey, slow, laborious and lacks physicality.

 

Maddison - questionable injury record and in recent weeks has had his moments, but has cost us big time. At Fulham I thought he was petulant and wanted to argue with the ref as opposed to get on with it.

 

Barnes - has clear strengths and has had a good season based on his stats. He is quite one dimensional and possibly easy to work out.

 

I’d be very interested to see what happens next season to the likes of Ricardo, KDH, Wilf et al and players who’ve been around the first team this season but not guaranteed starters.

 

How depressing.

[BenTheFox]

1 hour ago, JimmyC74 said:

One of the issues will be if we have to go long into the window to get our target transfer fees for Madders and Barnes before we can bring players in. 
 

you can expect the likes of Newcastle to test the water with lowball offers.

I think Iheanacho will be the first to be sold. A bottom half Premier League side looking for another forward could drop no more than £10 million at our feet and get him. 

Edited 9 May 2023 by BenTheFox

[FoxesWalk]

We will sell or release the majority of the squad imo. Which should soften the blow. But a few years down there and we could be in major danger of administration based on some of our decision making at board level and the people holding the levers still. Rudkin must leave the club, no doubt. Whelan should arguably also go. 

Edited 9 May 2023 by FoxesWalk