What would it take to turn on the owners?

[Fox1980]

I can be bought with a beer or a free cake! 

[Product of 84]

1 minute ago, Dahnsouff said:

And do what? There is still value in the club, they are not likely to dessert the asset. Yes they could sell us to some shyster, but….

We know our Top will keep putting his hand in his and King Power's pocket. 

 

I'm furious, just like everyone else, I just don't think we can afford to force them out. 

[foxfanazer]

Just now, Product of 84 said:

We know our Top will keep putting his hand in his and King Power's pocket. 

 

I'm furious, just like everyone else, I just don't think we can afford to force them out. 

I mean we can't make them leave regardless 

[Foxin_Mad]

8 minutes ago, foxfanazer said:

I mean we can't make them leave regardless 

Well the club has to be a saleable asset, currently it isn't.

 

Likely to be hit with point deduction for the next few years, Championship Club.

 

You'd have to be some salesman to sell this sack of shit, the rules make it insolvent if the Top 'leaves' not covering the debts like now. There ain't no businessman coming in buying the club for say 100 Mill and clearing 200 mill debt, its just not happening when he's getting no return over 10 years.

 

Literally these dumb rules will kill football, we might be the first club to die but blame the owners not the authorities for punishing those daring to dream. 

Edited 2 April by Foxin_Mad

[Sly]

51 minutes ago, Jimmy said:

if one of either Whelan or Rudkin doesn't get replaced in the summer I think Top will lose fan support, you can't have accounts like this and not act

Does your average person who attends on a Saturday, even know who Rudkin is?
 

I reckon 50% of the crowd just about know the youth players. 10% barely know the first team, another 30% know a bit more about the off field coaching staff etc etc

 

Most of that 90% won’t even be aware this is happening. 

 

That leaves the 10% of the fans bases that will be on here, Bentleys roof etc that discuss the inner workings and even we are guessing what the likes of Rudkin and Whelan are doing day to day, let’s be honest. 
 

It’s all a mess. It’s all one big mess. 

[Lako42]

Worst ran club in the top two divisions 

 

 

 

[Vestan Pance]

1 hour ago, Sol thewall Bamba said:

It absolutely isn't though. If they announced a free coconut for Saturday the Facebook comments would be flooded with "best owners in the world".

Not from me, I'm allergic to coconut so they can go f#ck themselves😂 

[Dan LCFC]

A damning reflection on how brainwashed most of our fans are that they haven't already. Top is every bit as inept as Chansiri - it's just Chansiri hasn't inherited a solid PL club.

 

Their performance is disgusting. They should be hounded out of here. But they won't be.

[Sly]

25 minutes ago, foxfanazer said:

I mean we can't make them leave regardless 

I guess, what happens if King Power decides it isn’t going to keep putting money in, as it’s getting no return on investment? 
 

We could be well and truly screwed here, as they’ll struggle to sell the club as a whole, if it’s not worth anything. The potential multiple years of points deductions would really hurt us. Isn’t this what happened to Wimbledon? 

 

If they treat it like a business and not a sports club, they’ll have had discussions on divestment of assets, winding it down, asset strip it and then it shut down. 

 

We’ve seen no movement, or communication on the expansion. 

We could sell Seagrave in fairness, as someone would buy that and potentially turn it into a sports centre. 
 

A new business could be formed by new owners by purchasing the stadium etc, however where does that leave us? 

 

 

[Dan LCFC]

1 hour ago, Jonaldinho said:

I don't want King Power out - what we need is for them to implement a proper footballing structure at board level, people with experience who know how a top level club operates. If they're unwilling or incapable of doing this then get rid.

They're not going to.

[OnlyOneCity]

2 hours ago, Sol thewall Bamba said:

A majority of the fanbase support King Power not Leicester City. It will NEVER happen.

What a stupid comment

[Dan LCFC]

2 hours ago, Mr Mister said:

I am in the camp of be careful what you wish for. The next owners could be far worse, like a Dai Youngge or an Oystons.

The probability of downgrading from this is absolutely tiny.

[Beachyboy]

Is it not possible to recognise the fantastic work KP have done for the club and also acknowledge it may be time for change??

[Foxin_Mad]

People keep saying time for change, get them our etc do you really understand how it works?

 

Most people involved in football clubs aren't fans, they don't care like us.

 

Yes King Power have made a vast error of judgement, which we are going to pay for. However, it's part them part over forecasting and the rules being shit. 

 

The reality is NOONE buys this club, a club losing 90 mil a year, with a 200 million debt and a whole host of bollocks around dumb rules hitting our ability to complete fir 3 years is not going to be sold or brought by ANYONE thems the facts.

 

If KP pull out and don't service the losses, which they are perfectly able to and willing to do at present (probably a debt equityswap in a few years as top and Kp have dones before), we have a 200 million debt and year losses (no easy way to clear tgat without reducingonfield performance), we are insolvent. Piss off and drive out King Power at your own risk but you will likely be threatening the existence of the club. 

[Sly]

8 minutes ago, Foxin_Mad said:

People keep saying time for change, get them our etc do you really understand how it works?

 

Most people involved in football clubs aren't fans, they don't care like us.

 

Yes King Power have made a vast error of judgement, which we are going to pay for. However, it's part them part over forecasting and the rules being shit. 

 

The reality is NOONE buys this club, a club losing 90 mil a year, with a 200 million debt and a whole host of bollocks around dumb rules hitting our ability to complete fir 3 years is not going to be sold or brought by ANYONE thems the facts.

 

If KP pull out and don't service the losses, which they are perfectly able to and willing to do at present (probably a debt equityswap in a few years as top and Kp have dones before), we have a 200 million debt and year losses (no easy way to clear tgat without reducingonfield performance), we are insolvent. Piss off and drive out King Power at your own risk but you will likely be threatening the existence of the club. 

This is where I stand If I’m honest.

 

My fear is they pull out if the EFL and EPL come at us hard, then go and play football in Belgium with OHL where life seems to be a tad easier. 

[iancognito]

 

3 hours ago, StanSP said:

This argument is fvcking boring now. 

 

Not one person in support of the current regime ever mentions donuts or beer as a big plus point. It's a fake argument. 

And also not true, Chang supply the beers as part of their sponsorship round the ground, even the coconuts were a drinks company freebie.

 

Anyway.....

 

My problem isn't with Top. Yet.

Don't get me wrong I have huge issues with his leadership, especially since the cup season but he's the owner. The football club board run the club. Whelan as CEO and the 7 or 8 underlings who do their various advisory bits. It's these people that have screwed us over and given Top such horrific advice, he should be sacking them all on 5th May. The very least that should happen is Whelan goes as CEO but

We have a financial director (a new guy tbf not the one that was here for several seasons)

We have a strategy director

We have a football operations director

We have an operations director

We have a general counsel (no, me neither)

These people - by title alone - are responsible for this utter fiasco. If this mess, following relegation, isn't big enough to get them sacked, nothing ever will be. If no-one is held accountable then you have to question Top as an owner. At this point, the King Power board and shareholders must be putting pressure on him to get this sorted out. It's costing them money and taking their brand into the gutter. The only focus for us - as fans - is to back this club as much as possible from the stands to ensure we get back up to the land of milk and honey and get some revenue back into the club. As soon as the season's over, questions have to be asked  - and answered publicly  this time, not with a secret meeting - about how we go forward and restructure this club. After administration we should never have been in this mess again.

 

Don't get me wrong I have huge issues with his leadership, especially since the cup season but he's the owner. The football club board run the club.Whelan as CEO and the 7 or 8 underlings who do their various advisory bits. It's these people that have screwed us over and given Top such horrific advice, he should be sacking them all on 5th May.

 

We have a financial director (a new guy tbf not the one that was here for several seasons)

We have a strategy director

We have a football operations director

We have an operations director

We have a general counsel (no, me neither)

 

These people - by title alone - are responsible for this utter fiasco. If this mess, following relegation, isn't big enough to get them sacked, nothing ever will be. If no-one is held accountable then you have to question Top as an owner.

 

Also, despite this financial disaster, look at Sheff Wed, Reading, Pompey, Derby and many others over the last decade. Right now we're under-pinned by an owner/company with an interest in keeping their brand in the spotlight. The next owner may not have any of those or the club's interests at heart and I'd hate for a Dai Yonng, Chansiri or Venky type owner to be the next one through the doors.

 

At this point, the King Power board and shareholders must be putting pressure on Top to get this sorted out. It's costing them money and taking their brand into the gutter. The only focus for us - as fans - is to back this club as much as possible from the stands to ensure we get back up to the land of milk and honey and get some revenue back into the club. As soon as the season's over, questions have to be asked  - and answered publicly  this time, not with a secret meeting - about how we go forward and restructure this club. After administration we should never have been in this mess again.

[Beachyboy]

13 minutes ago, Foxin_Mad said:

People keep saying time for change, get them our etc do you really understand how it works?

 

Most people involved in football clubs aren't fans, they don't care like us.

 

Yes King Power have made a vast error of judgement, which we are going to pay for. However, it's part them part over forecasting and the rules being shit. 

 

The reality is NOONE buys this club, a club losing 90 mil a year, with a 200 million debt and a whole host of bollocks around dumb rules hitting our ability to complete fir 3 years is not going to be sold or brought by ANYONE thems the facts.

 

If KP pull out and don't service the losses, which they are perfectly able to and willing to do at present (probably a debt equityswap in a few years as top and Kp have dones before), we have a 200 million debt and year losses (no easy way to clear tgat without reducingonfield performance), we are insolvent. Piss off and drive out King Power at your own risk but you will likely be threatening the existence of the club. 

Isn't the point of this tho to stop the club continuing with £90 mil plus losses, take your point with the £200 mil debt, but the £90 mil losses won't continue.

[HarryDee8]

What we need is banners, banners and more banners!!!

 

I will always support the club, and that sometimes means targeting those at board level to protect our club.

Edited 2 April by HarryDee8

[Leicester_Loyal]

3 hours ago, RoboFox said:

The same fans who applauded relegation and assaulted supporters who wanted our cvnt ex-manager out of the club?

Will never get over that, never been more wound up by our own fans than at that Brentford away game, ****ing clowns. 

[Mr Weller 2]

1 hour ago, Sly said:

Does your average person who attends on a Saturday, even know who Rudkin is?
 

I reckon 50% of the crowd just about know the youth players. 10% barely know the first team, another 30% know a bit more about the off field coaching staff etc etc

 

Most of that 90% won’t even be aware this is happening. 

 

That leaves the 10% of the fans bases that will be on here, Bentleys roof etc that discuss the inner workings and even we are guessing what the likes of Rudkin and Whelan are doing day to day, let’s be honest. 
 

It’s all a mess. It’s all one big mess. 

No it isn’t. It’s a great club that has performed brilliantly for the most part over the last decade.

[SecretPro]

5 minutes ago, HarryDee8 said:

What we need is banners banners and more banners!!!

 

I will always support the club, and that sometimes means targeting those at board level to protect our club.

[dr.o.ball]

3 hours ago, cruzFOX said:

If Top won’t meet with the fans we should force it. Protests outside the KP might force his hand. It will not be a good look for the club and bad publicity for the king power group but a necessary evil. Have to be careful we don’t unsettle the team & manager anymore than they already are

Top probably won't meet the fans, sell up or sack his minions, he doesn't feel like a lad who been supporting his city for 50 years, so why would he?

[MattFox]

One positive of not wining the league is that we won’t have to see Top parade the trophy round the stadium like he personally won the thing 

[aklaxon]

There's a difference between owners and those that run the club.

Top writes the cheques. Rudkin, Whelan (and some others we have no idea about) run the show.

 

I would like the cheques to continue. But Top needs serious help, and Rudkin and co aren't providing it.

[Clever Fox]

3 hours ago, cruzFOX said:

If Top won’t meet with the fans we should force it. Protests outside the KP might force his hand. It will not be a good look for the club and bad publicity for the king power group but a necessary evil. Have to be careful we don’t unsettle the team & manager anymore than they already are

I'm not singling you out personally as I know your not alone in this fullish thinking. I'm just commenting on the idiocy of the idea of challenging KP.  to what purpose. ?

Though your first comment about Top meeting with the Fans makes sense,  It's been tried before by others and generally ended in anarchy when the heard mentality took over the meeting

and it decended into chaos. If you're really serious ?  Be very careful what you wish for.

 

KP have been here since 2010 therabouts. In the time since, we've Won the Championship, The Premier league and the FA Cup.and Charity Shield, Not to mention European Football.

They've Bought back the New Stadium out of the hands of Vulture Funds. And placed it back in the Ownership of the Club.

They wrote off all of the Debts of the Club. Invested heavily in the Team and we're presently sitting at the top of the league. Albeit back in the Championship.

To my knowledge they've never taken money out of the Club. Unlike the Glazers.

We have the best Training facilty in the world, Along with the Stadium, And a new Expansion of the Stadium is planned along with other Income generators.

 

I fail to see what anyone has anything to be complaining about the Club. Keep it up and there's always the alternative like Aldershot, Bury, Newport Etc. 

All good Clubs in their day but now defunct and gone into oblivion. Is that what people wish for.

Perhaps you'd prefer the Glazers or the Faceless Arabs at Man City and Newcastle who are alledged to be money washing. And buying their way to success.

 

That's not the kind of Club I want to support There's much more pleasure and feel good feeling in winning against the odds as we have done.

Top may not be his Father, But he doesn't have his Father power either. He's a Director and a glorfied Employee of KP.  He's young and bound to make mistakes.

The main one being In not getting rid of Rogers sooner or allowing him overspend by signing players not fit for purpose with no resale value.

Along with giving out big Contracts to very averge players. All Contracts should be a basic Salary and bonus related geared to success.

If I were Top I'd bring back Pearson as DOF. with his history and knowledge of the Club and move Rudkin to look after his growing herd of Racing Horses.

That's just my opinion.

 

Do I want him or the KP company gone. No I certainly don't. Because I doubt he'll make the same mistakes again. I also don't believe he's lost interest either.

It's more likely that he has a lot more on his plate being the oldest Son in helping his Mother run KP.

Susan Whelan has been the Financial Brains behind KP from the beginning along with Vichai and has built it into what it is today. A multi Billion Pound Company.

Business is difficult at the best of times, After Covid it's been even more difficult with many Companies going under.

Despite losing half their Assets during Covid,  They never once wavered or suggested selling the Club. So why should Fans. 

 

As Fans our job is to support the Club through the Good and Bad Times and in my 60 plus years as a Fan, There's been quite a lot of bad Times with modest success until KP came along.

 

Yes people can have opinons on the Football Team, Selections etc. It's a Spectator Sport. Alfter all.  Every Fan is a Manager without any real experience of the job. 

 

But we have little to no business interferring in the running of the Club. Even with the FFP issue many on here believe the Club are in the wrong, Why ?

We've already won one Court Case, Why can't we win again. We as Fans don't know all of the Facts. So leave it to them who does and wait for the outcome before blaming anyone.

The little I've read and heard about it is that the Club are fighting back for the good of all small Clubs against the Elite 6.

 

Instead of griping about things we've no control over, We should be supporting the Club even more now , against aggression from the Premier league and EFL.

 

I know I am. 100% Until it's proved otherwise.