King Power

[filbertway]

1 minute ago, rugbyblue said:

Like it or not, yes the club is a run as a business.  But name me a medium size  to large club that isn't.  

 

Top isn't vichai that is clear but I think the fickle among us need to get a grip.  It wasn't that long ago this club was in administration, languishing at the bottom of the championship and at one point league one, just drifting, signing washed up players like Les Ferdinand, Dion Dublin and Martin keown who were so far past their best they didn't make a shred of difference.

 

Since king power took over we have achieved promotions, won the premier league (Leicester city.....THE PREMIER LEAGUE), the fa cup, charity shield and were an established premier league force.  Yes we got relegated but it happens....look at villa, Leeds, big clubs who bounce back.  And we are, barring a disaster, on target to return to the premier league.

 

King power arent perfect but perhaps you'd prefer Mike Ashley?  There are also a host of owners who have bought clubs, stripped their assets and even sold their grounds for development (Brighton, years back).  

 

Stop thinking we should be challenging for the premier league.  That was a one off.  Brilliant, but let's be honest in my 33 years of city supporting we were never anywhere near the title before and we are unlikely to be again.  

 

Be careful what you wish for.  We could be a lot worse off without king power than with them.

 

Genuinely can't tell if this is genuine or parody, it ticks off all the key points and ends with be careful what you wish for.

 

Good effort

 

[Foxin_Mad]

It makes no difference who owns the club. It could be the Saudi state. We'd still be fooked by FFP because its a sack of shitThe Issue is Leicester City have a turnover ceiling, we are only allowed to make certain losses in that period. Even if King Power chucked in 600milliom wed still be screwed under FPP, it makes now difference.

 

We need to increase revenue/turnover. The only real way to do that is regular european football, non football income and the stadium expansion plan. King Power have plans in place for all of that. I dont think they counted on relegation by Rodgers however.  

[CosbehFox]

I thought Les Ferdinand was decent tbh

[Always Next Year]

I just want to watch football 

[Scotch]

20 minutes ago, Foxin_Mad said:

It makes no difference who owns the club. It could be the Saudi state. We'd still be fooked by FFP because its a sack of shitThe Issue is Leicester City have a turnover ceiling, we are only allowed to make certain losses in that period. Even if King Power chucked in 600milliom wed still be screwed under FPP, it makes now difference.

 

We need to increase revenue/turnover. The only real way to do that is regular european football, non football income and the stadium expansion plan. King Power have plans in place for all of that. I dont think they counted on relegation by Rodgers however.  

That depends on how much they pay us for stadium naming rights and sponsorships... Is it a fair market value? (I genuinely don't know this,) could it be higher to increase our revenue? 

[Foxin_Mad]

2 hours ago, Foxes1 said:

Bring back the good old days when football was played on grass and not in the boardroom like nowadays 

Or quagmire at Filbo...get in to em...

[Lako42]

Just to be clear FFP and the club being well ran are two entirely separate things. 

 

As far as I am aware we are the only club that may have broken FFP rules in order to secure relegation. 

 

The club can still be well ran, it isn't, but it could be. 

[HighPeakFox]

I know nothing, and I'm frankly better off that way in this instance. 

[Gamble92]

2 minutes ago, Lako42 said:

Just to be clear FFP and the club being well ran are two entirely separate things. 

 

As far as I am aware we are the only club that may have broken FFP rules in order to secure relegation. 

 

The club can still be well ran, it isn't, but it could be. 

Making sure you comply with rules is an example of how you are being run. 

 

They knew how much they were spending, and if they genuinely thought they would always be able to get by selling a Maguire a season then they are beyond clueless. 

[lcfc_forever]

One thing about the club that should get more attention is the general decency within it. 

 

Remember the club stuck by its employees during lockdown, they didn't do a Liverpool, Spurs or other big clubs by swiftly removing staff. And again, after relegation, Tanner said an email went out to employees saying their jobs were safe. 

 

That said, I think there is too much naivety, we could benefit from a ruthless operator and 'we're gonna be OK' vibes rather than acting to make sure we are OK. Sticking with Rodgers is the chief example of this, perhaps Rudkin as well. 

 

It's easy to say, but then how does that impact the culture of the club? 

 

King Power's culture, background and actions in Leicester is about doing good personified by Vichai. And without that, and the atmosphere that created with the players, we wouldn't have won the title. 

 

I don't have a major issue with the principle of FFP, but the fact the amount clubs can lose has not been updated to reflect inflation is ridiculous. Perhaps a percentage level would be fairer, as it's unfair Man U can have unsuccessful season after another but are solid due to commercial revenue, but having had to increase wages to reflect the success of the team, we have one horrible season and are in big trouble with FFP.

 

It's like an 'Icarus' effect for the non-big 6 - get too successful and not maintain it for a season or two, and you'll get smashed. Again, it's why it's so critical the club do invest in Seagrave, building commercial revenue through stadium expansion etc. to help mitigate this. 

Edited 8 March 2024 by lcfc_forever

[dmayne7]

It goes back to the title winning season and the abject commercial failures. During the run in of that season they would have had tonnes of interest for short term sponsorship and should have lapped it up. Then in the CL season, it was another to chance to get some big sponsorships in, grow commercial partners, expand the stadium etc but they completely fluffed that. That's one of the biggest things that's held us back as we then managed to assemble a talented squad with tonnes of re-sell value and we really could have changed the narrative for the club.

 

Clearly Vichai was a good businessman but I think this highlights how lucky he was with the dodgy workings in Thailand to grow his empire as the club can't be so commercially inept with a great business person at its helm.

[lcfc_forever]

9 minutes ago, dmayne7 said:

It goes back to the title winning season and the abject commercial failures. During the run in of that season they would have had tonnes of interest for short term sponsorship and should have lapped it up. Then in the CL season, it was another to chance to get some big sponsorships in, grow commercial partners, expand the stadium etc but they completely fluffed that. That's one of the biggest things that's held us back as we then managed to assemble a talented squad with tonnes of re-sell value and we really could have changed the narrative for the club.

 

Clearly Vichai was a good businessman but I think this highlights how lucky he was with the dodgy workings in Thailand to grow his empire as the club can't be so commercially inept with a great business person at its helm.

Agree with the first paragraph, that was a massive missed opportunity. We could and should have gone big for the Asian market - as well as Thailand, Singapore, Indonesia and India also, especially given the demographics of Leicester. 

Edited 8 March 2024 by lcfc_forever

[Dames]

2 hours ago, rugbyblue said:

Be careful what you wish for.  We could be a lot worse off without king power than with them.

 

And there it is!!!

 

At this moment in time i would put a significant amount of money on KP leaving us in a worse state than they found us.

 

Yeah the memories are great, unforgettable but we still need the club to be here in the future. Its looking very bleak at the minute if these clown stay in charge.

[filthyfox]

Time for KP to go.  They can't even cheat properly!

[Foxin_Mad]

The fans wanting new owners will think differently when we end up with someone like Mike Ashely who is pureley in it for himself. No one is likely to want to buy a mediocre club in the Midlands that makes no money, 

Edited 8 March 2024 by Foxin_Mad

[moore_94]

The decision making in many different areas throught the club especially including financial control has gone wildly out of line and it needs getting back under control

 

There is no guarantee of course you would get that with new ownership, but the problem is there has also been zero indication that the top level at this club currently can or will be able to do that

 

As such it pretty much feels like the only way we could possibly ever get that kind of change and the club being able to get back onto a path of progression is by them selling up, for the past few years everything about the club just seems to be getting worse and worse

 

Of course I do see the other side where you will also run the risk that you could get new owners who are happy to come in, load the club up with debt, asset strip it, use it to funnel money into their pockets directly from the club etc. and there will always be that element of risk with such a big change to ownership

 

Whatever happens this season with FFP and promotion though there needs to be some kind of change at the top of the club - whether that is KP selling, new investment, directors being replaced or whatever

 

I would love it if King Power/Top could turn this all around and get us back on track for actual progression with a clear vision in how we operate without it all happening again, but I just don't get that feeling at the moment that can happen

 

Surely we can all agree that SOMETHING needs to happen at that top level - not just one of these poxie post failure reviews where seemingly none of those responsible have paid for it

Edited 8 March 2024 by moore_94

[coolhandfox]

Whilst I think they could do better.

 

I think you have to look at the bigger picture. 

 

This isn't just a Leicester City problem, Forest and Everton are already in trouble.  

 

Us, Villa, Wolves, and Chelsea all have problems or will have next season.

 

It is not just a PL problem either; lots of clubs in Europe have issues.

 

 

 

[ALC Fox]

I think it's entirely okay to be completely thankful and appreciative of the promotion, title and FA Cup wins and how well run we were perceived to be.

 

But it's also entirely okay to be critical of how things have ended up and how they are currently, despite being top of the second tier.

 

This moment in time is a very turbulent one for a lot of clubs, and while some or navigating it better, some are also navigating it worse. King Power will learn from their experiences, but they shouldn't be given an entirely free pass.

 

A bit of humility on both sides wouldn't go amiss in my opinion.

[Babylon]

4 hours ago, Gamble92 said:

Making sure you comply with rules is an example of how you are being run. 

 

They knew how much they were spending, and if they genuinely thought they would always be able to get by selling a Maguire a season then they are beyond clueless. 

This is where numerous issues start adding up.

 

If you go back to when we were challenging for the top 5 or just before that, the team with littered with players who we could potentially have shifted for a large fee. Look how quickly that changes with a few injuries (Ricardo was probably a £60m+ player before injury, ditto Ndidi was probably £40m+ before he started picking up injuries. I mean we just sold like three players for £160m in about 12 months. Chuck in Tielemans when he was good, Souyuncu.  

 

We had a large number of saleable assets, but we pushed too hard to compete rather than just cash in at the right time, and got unlucky with some of them. I didn't see many moaning at the time. 

 

A few injuries, a few bad signings, not sacking a manager, and a few bad decisions, chuck in the FFP changes and it's all come together to create a mess. 

 

 

 

 

[jammie82uk]

17 minutes ago, coolhandfox said:

Whilst I think they could do better.

 

I think you have to look at the bigger picture. 

 

This isn't just a Leicester City problem, Forest and Everton are already in trouble.  

 

Us, Villa, Wolves, and Chelsea all have problems or will have next season.

 

It is not just a PL problem either; lots of clubs in Europe have issues.

 

 

 

Exactly, some people can’t see further then their own nose 

[Jon the Hat]

2 hours ago, Dames said:

At this moment in time i would put a significant amount of money on KP leaving us in a worse state than they found us.

Unless they somehow find a way to have us stripped of our premier league title and FA cup I put it to you that this is simply impossible.

[Levi Port]

Only Leicester could cheat themselves into relegation 

[Dan]

6 hours ago, urban fox said:

So KP sell up to another billionaire who isn’t allowed to actually invest any cash into the team either due to the current, unsustainable rules. Where’s the difference, except that said new owners turn out to be asset strippers who fold the club, sell off the training ground, belvoir drive and the stadium to developers and do a runner with all the proceeds.

Everyone seems to be piling onto the ownership, saying its their fault that we may have breached ffp etc, but what are they supposed to do when players refuse to move on, see out contracts or deals fall through at the last minute because a player at the buying club decides to stay put (Daka Bournemouth)

I'm not anti them because they can't bankroll us, I'm anti them because they are quite clearly incompetent.

 

If Aiyawatt gives things a proper shake up, gets some new people in and demonstrates he's learning then there is a way back.

 

The odds aren't in his favour though. Given he sniped at the fans at the end of last season despite it being the tamest of criticism to the most avoidable relegation in Premier League history and let two of the main architects mark their own homework.

[dmayne7]

3 hours ago, lcfc_forever said:

Agree with the first paragraph, that was a massive missed opportunity. We could and should have gone big for the Asian market - as well as Thailand, Singapore, Indonesia and India also, especially given the demographics of Leicester. 

Exactly, it was all there for us to capitalise on and we screwed it

[CosbehFox]

If anyone can name a mid-ranking club what have developed a regular income off Asia please let me know. It's a market dominated by the big six and their demands on constant success. Wolves have a Korean centre forward, but it's not suddenly got half of Seoul in Old Gold.