Accounts 22/23

[BenTheFox]

Just now, copunk said:

Can honestly see Top looking to sell up next season 

Hopefully

[SecretPro]

Just now, BenTheFox said:

Hopefully

🤞

[Beechey]

You can't really estimate average first-team player wage based on the headline figure

 

 

£172m was spent on all staff wages/salaries. There were 87 players in all age groups and 408 administration staff. £8m spent on BiK and £26m spent on NI and pensions.

Edited 2 April 2024 by Beechey

[gazzaa2]

10 minutes ago, Lionator said:

I hate Brendan but they could’ve just told him to get gone at any point like Wolves did with the Spanish fella, and actually ran a sustainable business at EPL level. 

Rodgers was playing the passive aggressive 'pay me off' for at least 12 months before he went. He didn't want to be here but wanted the pay off. That side should never have gone down but Rodgers had downed tools. 

[SecretPro]

6 minutes ago, richardsfoxes said:

So does this mean even if we are promoted, we will probably have to sell our major assets (KDH, Mads, etc etc)?

As a bare minimum. We will basically be fielding Danny Ward and some of the U17s 

[Nolucklcfc]

The second from last paragraph is basically saying they want the sanctions to be softer because relegation was so unexpected … it’s staggering 

[Beechey]

8 minutes ago, richardsfoxes said:

So does this mean even if we are promoted, we will probably have to sell our major assets (KDH, Mads, etc etc)?

Only if we don't want to fall foul of P&S. The club state in their accounts that they forecast we will fall foul though, so who knows what they plan to do.

Edited 2 April 2024 by Beechey

[Levi Port]

3 minutes ago, BenTheFox said:

Hopefully

Doubled down in his programme notes yesterday 

[Jazzy_Jeff]

If we go up, we will still need to shift anyone who is on a decent wage - it’s this that’s crippling us.

If we can somehow re-establish ourselves in the EPL we’ll have to go back to our plan of buying players for £10m-15m on sensible wages, improving them and selling for a profit. We need to forget about the idea of being able to challenge the rich teams again, those days are long gone 

[Wymsey]

26 minutes ago, Leicester_Loyal said:

Top, Susan and Rudkin all need to go, now. 

Who would be the alternative.

 

Rich Americans, Chinese, Saudis - who have no idea of how to succeed in running a football club?

[Ginger_Filbert]

Sack the board. 

[Jimmy]

4 minutes ago, copunk said:

Can honestly see Top looking to sell up next season 

I really don't want us to become a petrostate play thing, I worry about who would buy us, Top clearly has made a mess of things but his heart was in the right place I believe

[Beechey]

Just now, Jazzy_Jeff said:

If we go up, we will still need to shift anyone who is on a decent wage - it’s this that’s crippling us.

If we can somehow re-establish ourselves in the EPL we’ll have to go back to our plan of buying players for £10m-15m on sensible wages, improving them and selling for a profit. We need to forget about the idea of being able to challenge the rich teams again, those days are long gone 

Doesn't really matter as much when we have 6 out of contract anyway including our highest earner.

[Mark_w]

1 minute ago, Wymsey said:

Who would be the alternative.

 

Rich Americans, Chinese, Saudis - who have no idea of how to succeed in running a football club?

Oh no people who have no idea how to run a football club, what a drastic and disastorous change of pace that would be

[CrispinLA in Texas]

Just now, gazzaa2 said:

Rodgers was playing the passive aggressive 'pay me off' for at least 12 months before he went. He didn't want to be here but wanted the pay off. That side should never have gone down but Rodgers had downed tools. 

And all the time he played Ward in goal who was letting in about 3 goals in every match and only dropped him when well known TV journalists questioned why he was still playing him....but it was to late and the damage was done we didn't have enough games to turn our fortunes around 

[BillyFOX12]

**** me this is much worse than Everton and Forest! Even combined, we surpass them in negligence

[Wymsey]

1 minute ago, Mark_w said:

Oh no people who have no idea how to run a football club, what a drastic and disastorous change of pace that would be

You might joke, but we could seriously be in a much worse situation, despite this embarrassment - ask Derby or Reading fans.

[HankMarvin]

7 minutes ago, BenTheFox said:

Hopefully

Yeah might get someone that adds a load of debt instead of clearing it 

[Its_Stöner_Jakobsen]

A fool and his money are easily parted - I have always been genuinely amazed that Top has signed off on the deals we have given out over the last few years - he is out of his depth and trusted the wrong people - the scary thing is he, or people around him, has not been able to see this. 

Edited 2 April 2024 by Its_Stöner_Jakobsen

[SecretPro]

Just now, Wymsey said:

You might joke, but we could seriously be in a much worse situation, despite this embarrassment - ask Derby or Reading fans.

I mean, losing £1m a week means we are probably heading in that direction...

[Wasyls Pec Deck]

In the words of the Chuckle Brothers (who it looks like have finance directors) - Oh dear. Oh dear, oh dear. 

[BenTheFox]

4 minutes ago, Jimmy said:

I really don't want us to become a petrostate play thing, I worry about who would buy us, Top clearly has made a mess of things but his heart was in the right place I believe

My heart would be in the right place if I were to buy Leicester City Football Club. It doesn't mean I'm fit to run it though. 

[Leicester_Loyal]

5 minutes ago, Wymsey said:

Who would be the alternative.

 

Rich Americans, Chinese, Saudis - who have no idea of how to succeed in running a football club?

And these 3 do? Top especially. Spending more in wages than revenue, what genius businessperson has overseen that?

[Guest]

Just now, Wymsey said:

You might joke, but we could seriously be in a much worse situation, despite this embarrassment - ask Derby or Reading fans.

And in turn they could ask Bury or Macclesfield fans. There is always someone in a worse situation than you but that doesn't mean your situation isn't bad or worth complaining about.

[HankMarvin]

Just now, SecretPro said:

I mean, losing £1m a week means we are probably heading in that direction...

It was huge the year before, but obviously it’s been exacerbated by  loss of European tv rights and finishing lower and additional spending