EFL Statement - Club has no obligation to submit and agree business plan

[splinterdream]

3 minutes ago, Foxin_Mad said:

FFP and PSR need to get in the ****ing bin. They are screwing the wrong clubs. It's a load of shit, time for mass protests until this shit is cancelled until they think of a way to stop it favouring the big six, it's killing football, they don't want Leicester, they don't want any club competing or trying to compete. We have to abide and sell our best players every year, get to ****. 

Look at it this way, FFP does go some way at stopping teams like Newcastle buying everybody and walking the league, and unfortunately for us other championship teams have seen us in that light, because that’s where we are, so we have to comply or face the consequences.

if you were a rival, you’d ask why we have 4 strikers and why we have 4 PL defenders on our books, was Coady really necessary? 

[Foxin_Mad]

It does make my worried whether this absolute circus might explain the absolute nosedive in performances recently.

[Guest Chocolate Teapot]

14 minutes ago, westernpark said:

Fundamentally, Leicester city were bought by the company King Power, to improve their business profile and the family’s(or company depending on semantics inclined) own self-esteem or prowess. When the club hits difficult times, they won’t then explain to the supporters why, because they don’t see us as important in their goals set out in the first sentence. For me, donations to hospital, Cathedral renovation etc, I don’t see them as engagement with local community, strictly done for business reasons. I am so worried about the financial management of this club, that I see it as an existential threat to Leicester City. 

They've no interest in the city. They live in Berkshire / London when they're over here and get out of Leicester as quick as they can. Our players now live out the city too.

 

It's an existential threat to the community too as the club barely play a role in it now.

 

Edit: appreciate this is repetition of what you've said in some instances.

Edited 6 March 2024 by Chocolate Teapot

[RyCleary]

7 minutes ago, Oasisedup said:

Why? What do you think a new owner can do about FFP constraints?

Take some accountability before we get in this situation. Sack Rodgers earlier, sack Rudkin etc. Top has sat on his hands until it’s too late

[when_you're_smiling]

We were always going to be ****ed by FFP.
 

It was brought in to stop clubs like us getting in the way of revenues of others.

[lcfcbluearmy]

13 minutes ago, Foxin_Mad said:

FFP and PSR need to get in the ****ing bin. They are screwing the wrong clubs. It's a load of shit, time for mass protests until this shit is cancelled until they think of a way to stop it favouring the big six, it's killing football, they don't want Leicester, they don't want any club competing or trying to compete. We have to abide and sell our best players every year, get to ****. 

I agree it would be much better to put a salary cap on all teams then it's fair and no-one can spend ridiculously just because they have super rich owners.

[Jordan]

Let’s sell Nathan Opoku to OH Leuven for £200m before the Premier League clamps down on the sweetheart multi club deals

 

(Yeah I’m running out of ideas here)

[Oasisedup]

1 minute ago, RyCleary said:

Take some accountability before we get in this situation. Sack Rodgers earlier, sack Rudkin etc. Top has sat on his hands until it’s too late

So absolutely nothing about FFP constraints? Understood.

[goose2010]

13 minutes ago, mod hero said:

Gambling’s is illegal inn Thailand 😂😭

Some is some isn't. We can find a loop hole I'm sure. 

[Foxin_Mad]

1 minute ago, splinterdream said:

Look at it this way, FFP does go some way at stopping teams like Newcastle buying everybody and walking the league, and unfortunately for us other championship teams have seen us in that light, because that’s where we are, so we have to comply or face the consequences.

if you were a rival, you’d ask why we have 4 strikers and why we have 4 PL defenders on our books, was Coady really necessary? 

But then Man City, Chelsea and co just buy everyone instead. I think FFP is incredibly poorly thought out, Man City wouldn't have become what they are without FFP. Maybe there should be some caps, but FFP disproportionately affects smaller clubs who can not quickly increase long term turnover. There is a huge void between the Premier League and Championship and it seems to be growing. There's a problem in football but FFP and PSR ain't gonna fix it. 

[Nolucklcfc]

Imagine trying to explain to someone who has never followed Leicester how badly everything has been run in the past 3/4 years 🤣

[westernpark]

7 minutes ago, Chocolate Teapot said:

 

 

It's an existential threat to the community too as the club barely play a role in it now.

The move out of the city with leaving Belvoir Drive, was an absolutely massive step that should have had more attention. Albeit, the eventual move to Seagrave was made during the Covid but that is the heart of the club, the training ground. All we’ve done with the move, is effectively boost Nottingham’s economy, for making it geographically convenient for young millionaires to move to their city.

[Dames]

1 hour ago, BertFill said:

Even assuming they were good new owners, which they probably wouldn't be, despite the assumption of some on here that any new owners would automatically be an improvement.

They would get rid of Rudkin which would be a vast improvement on what we have now. How the bloke is still in a job despite the mess the club is in i’ll never know.

 

Still posters on here willing to go life and death to defend the bloke too.. madness.

[Guest Chocolate Teapot]

Just now, westernpark said:

The move out of the city with leaving Belvoir Drive, was an absolutely massive step that should have had more attention. Albeit, the eventual move to Seagrave was made during the Covid but that is the heart of the club, the training ground. All we’ve done with the move, is effectively boost Nottingham’s economy, for making it geographically convenient for young millionaires to move to their city.

Completely.

[VLC86]

3 minutes ago, Nolucklcfc said:

Imagine trying to explain to someone who has never followed Leicester how badly everything has been run in the past 3/4 years 🤣

It’s like trying to explain it to half of our fan base, I’m well aware of it.

[splinterdream]

1 minute ago, Foxin_Mad said:

But then Man City, Chelsea and co just buy everyone instead. I think FFP is incredibly poorly thought out, Man City wouldn't have become what they are without FFP. Maybe there should be some caps, but FFP disproportionately affects smaller clubs who can not quickly increase long term turnover. There is a huge void between the Premier League and Championship and it seems to be growing. There's a problem in football but FFP and PSR ain't gonna fix it. 

From how I understand it, Man City starting becoming a behmouth before ffp, but when introduced, carried out alleged dodgy sponcership deals and has supposedly breached (the outcome we await), and as for Chelsea, they’ve been developing and selling players for ages but also giving players 8 years contracts so spreading the finances in some way, I’m not sure if this loophole has been closed now. FFP is a mess but the principle is a good one imo.

[Sol thewall Bamba]

23 minutes ago, Foxin_Mad said:

FFP and PSR need to get in the ****ing bin. They are screwing the wrong clubs. It's a load of shit, time for mass protests until this shit is cancelled until they think of a way to stop it favouring the big six, it's killing football, they don't want Leicester, they don't want any club competing or trying to compete. We have to abide and sell our best players every year, get to ****. 

Were you saying the same when it came out that Notts Forest could be in breach of the rules? Or did you have a good old chuckle at it? 

[westernpark]

17 minutes ago, SemperEadem said:

This. 
Very few called it from the early days too.

Subtle red flags, clap for Thailand monarchy, marching round the pitch after we’d won the league with a portrait of the King of Thailand. Gold being incorporated into the home strip. And weirdly we could have had much worse ownership. - A statement that is indicative of the state of English football. 

[J. James]

2 hours ago, Stinkenzo said:

Somebody explain this to me in Ice Hockey terms 

The EFL ref said "that was high sticking"

LCFC said no it wasn't so puck off.

Ref said "okey dokey"

[ALC Fox]

9 minutes ago, RyCleary said:

Take some accountability before we get in this situation. Sack Rodgers earlier, sack Rudkin etc. Top has sat on his hands until it’s too late

Giving Rodgers the huge contract - which stopped us from sacking him and stopped him from walking for so long - as well as giving in to his demands to not sell our most valuable assets at their peak value were large contributors to this situation, I think.

[J. James]

Imagine the panic when someone asked the directors for a plan... Any plan! 😳

[stu]

FFS… honestly what is the point of anything football related these days?

 

Longing for the days when I can just worry about results on the pitch rather than off the pitch too.

 

The whole game is a mess.

[Foxin_Mad]

2 minutes ago, splinterdream said:

From how I understand it, Man City starting becoming a behmouth before ffp, but when introduced, carried out alleged dodgy sponcership deals and has supposedly breached (the outcome we await), and as for Chelsea, they’ve been developing and selling players for ages but also giving players 8 years contracts so spreading the finances in some way, I’m not sure if this loophole has been closed now. FFP is a mess but the principle is a good one imo.

I'm not sure what it achieves though. I think any club that trys to compete is gonna be shafted, so all this does is maintain the big six? How is that good?

 

Same with the EFL championship clubs can't compete bar the odd miracle like Ipswich, I suspect the teams coming down will always be able to outspend the rest because of PSR. Most Championship clubs are basically insolvent as the TV money is really the only thing paying for the Premier league. 

[J. James]

Just now, stu said:

FFS… honestly what is the point of anything football related these days?

 

Longing for the days when I can just worry about results on the pitch rather than off the pitch too.

 

The whole game is a mess.

Totally agree and we're fighting tooth and nail to get back to the messiest place of them all!

[ARM1968]

Seems like a lot of outside pressure piling up on us right when it might affect things on the pitch, or Enzo, or both. Interesting timing.