What would it take to turn on the owners?

[Corky]

The problem with the "what would other owners do?" argument is that we are already well into that territory. Points deductions and embargos are imminent. Yes, we could have HAD it worse but the future looks no brighter than those clubs mentioned.

[Gazza M]

If we get promoted and start the season as good as relegated due to a massive points deduction I think there should be mass protest after protest to drive them out. 

[binic16]

These are the best owners we have had since the 60's you people who want  these owners out want there brains testing. 

[MattFox]

King Power in charge today isn’t the King Power that were in charge pre 2018

 

its a completely different organisation now

[teblin]

They have made mistakes and trusted the wrong people as simple as that. They stil say they will financially back the club not sure why people want them out. If they walked now we’d be in big big trouble.

[MattFox]

Just now, teblin said:

They have made mistakes and trusted the wrong people as simple as that. They stil say they will financially back the club not sure why people want them out. If they walked now we’d be in big big trouble.

Screwing the club up so badly that we’re dependent on their generosity isn’t exactly good leadership 

[Vestan Pance]

5 hours ago, Saxondale said:

They took a gamble that didn’t pay off. They thought Rodgers could build and maintain is as a regular European competing club. It very nearly happened.

 

Had they just decided to not spend any money or show any ambition, you lot would be slating them for that too. In fact most have been slating them for not splashing enough cash.

 

I love how everybody is pro-financial prudence now.

 

I’m not saying the current ownership haven’t made mistakes - of course they haven’t - but you lot wouldn’t be happy whoever the owners are. 
 

The system is rigged to stop us seriously competing. 

They've clearly ignored the rules, so how did that stop us competing?

 

What stopped us was the shear incompetence of those handing out playing contracts, which eventually brought us to a meltdown point of player trading.

 

[teblin]

Just now, MattFox said:

Screwing the club up so badly that we’re dependent on their generosity isn’t exactly good leadership 

Didn’t say it was good leadership. They made mistakes. They did the same when they first took over too. Had to write off £80million of debt.

 

They didn’t think in a million years we’d get relegated that was their biggest mistake.

[MattFox]

21 minutes ago, Corky said:

The problem with the "what would other owners do?" argument is that we are already well into that territory. Points deductions and embargos are imminent. Yes, we could have HAD it worse but the future looks no brighter than those clubs mentioned.

Yeah this is basically as bad as it gets bar administration 

[ConnFoxUS]

On 02/04/2024 at 15:22, 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

But…but…but Covid! 🙄

 

Completely agree. I’m willing to give Top some leeway, what his father did for our club is massive, and it would be terrible to end the Vichai /King Power ownership period like this. That said, he (Top) must come to his senses, and sort personal relationships from business/club relationships. There isn’t a single good reason Rudkin and Whelan should continue here. Other board members should probably move on as well. A new house is in order, and in my opinion, that can include Top & King Power, but he has to put real, actual football people in positions of consequence. 
 

He loses me entirely if we continue on with the same inept bunch. 
 

 

[ConnFoxUS]

On 02/04/2024 at 15:36, Brizzle Fox said:

For a lot of our fans it would probably involve them getting their "KP FC" tattoos lasered off first tbqh

Oof. And I thought the mustache tattoo on the outside of my index finger was bad.

::holds finger between nose and upper lip:: “I mustache you a question Mr. Top.” 

[RonnieTodger]

1 hour ago, Corky said:

The problem with the "what would other owners do?" argument is that we are already well into that territory. Points deductions and embargos are imminent. Yes, we could have HAD it worse but the future looks no brighter than those clubs mentioned.

The Rodgers defence

Edited 3 April by RonnieTodger

[Daggers]

1 hour ago, teblin said:

They have made mistakes and trusted the wrong people as simple as that. They stil say they will financially back the club not sure why people want them out. If they walked now we’d be in big big trouble.

We are in big trouble. Plus actual fans have never been so poorly valued. 

[Leicester_Loyal]

3 hours ago, MattFox said:

King Power in charge today isn’t the King Power that were in charge pre 2018

 

its a completely different organisation now

Exactly. 
 

Pre and post Vichai, it’s worlds apart. 

[themightyfin]

SW is not the problem here. 

[Claudio Fannieri]

4 hours ago, themightyfin said:

SW is not the problem here. 

I take it from this you are saying it is all football related issues that have got us in of this financial meltdown rather than the performance of the commercial side of the club. 
 

interesting as I seem to recall reading somewhere on here that SW and JR had fallen out and were barely speaking, has Top backed the wrong horse (excuse the pun) and our esteemed DoF got all giddy with our successes and his subsequent decision making has sent us into these murky waters, maybe SW was warning against decisions that were being made. 
 

I really do hope, that one way or another these results force positive change within the club. 

[Chelmofox]

7 hours ago, themightyfin said:

SW is not the problem here. 

She is Chief Executive. If not directly responsible for footballing decisions that got us in this mess, she is still accountable for where we are. If she doesn’t have the skills to understand the impact of the financial decisions made, and if she cannot understand the clubs forecasts and how they related to ffp, or if she has no power or influence for the club to behave appropriately, then she is a problem.  
 

The only logical conclusion I can make at this stage is that she understood everything and rubber stamped it. If everyone else was behaving beyond her wishes and authority, then surely so would either resign or be removed from her job?

Edited 4 April by Chelmofox

[Dames]

11 hours ago, binic16 said:

These are the best owners we have had since the 60's you people who want  these owners out want there brains testing. 

This is the opinion of 80% of the fanbase outside of social media and the internet. With people so heavily drinking the kool aid like this we dont stand a chance as fans forcing change and we’ll have to watch helplessly as the majority happy clap our way to oblivion. 
 

We really are King Power FC at this point. 

[Saxondale]

4 minutes ago, Dames said:

With people so heavily drinking the kool aid like this we dont stand a chance as fans forcing change and we’ll have to watch helplessly as the majority happy clap our way to oblivion. 
 

This is the point - it’s not oblivion. 
 

The likely outcome of all of this debacle is that we get promoted (hopefully,

obviously), we get a points deduction, likely get relegated the next season and we’re back where we started.
 

The way people are talking is as if we’re going to go skint and drop down to League Two. 
 

What happened to Coventry over two decades was oblivion - not this. 

[Dames]

2 minutes ago, Saxondale said:

This is the point - it’s not oblivion. 
 

The likely outcome of all of this debacle is that we get promoted (hopefully,

obviously), we get a points deduction, likely get relegated the next season and we’re back where we started.
 

The way people are talking is as if we’re going to go skint and drop down to League Two. 
 

What happened to Coventry over two decades was oblivion - not this. 

We arent going to be able to afford to buy players for the forseeable as well as starting the next 2 seasons at least with punishments. 
 

How can we afford to run our state of the art training facility without Premier League revenues and how are we expected to stay in the Prem or let alone the Championship when we cant afford to sign players or are embargoed? 

[BertFill]

12 hours ago, Corky said:

The problem with the "what would other owners do?" argument is that we are already well into that territory. Points deductions and embargos are imminent. Yes, we could have HAD it worse but the future looks no brighter than those clubs mentioned.

This is a fair point.

Although looking at football club owners generally, there are worse things than points deductions and transfer embargos (bad though they are). It would be very easy to end up with someone who is an absolute con artist and only wants to milk the club for short-term profit. Or an outright crook.

Basically we could get an owner who would be better for our current situation, one who would be worse, or (probably more likely) one who wouldn't really make a lot of difference.

The biggest problem is that it's pot luck and we (the fans) have no say whatsoever in who owns the club.

[ClaphamFox]

Just now, Dames said:

We arent going to be able to afford to buy players for the forseeable as well as starting the next 2 seasons at least with punishments. 
 

How can we afford to run our state of the art training facility without Premier League revenues and how are we expected to stay in the Prem or let alone the Championship when we cant afford to sign players or are embargoed? 

This is simply not true. July 1 marks the beginning of a new accounting period. A number of our players will be leaving and they will need to be replaced. We won't be splashing £30m on a player any time soon, but we will obviously be buying players. PSR is likely to be replaced by something different, which means we won't be facing the prospect of year-on-year breaches and points deductions. Our current transfer embargo won't be extended if we go up, and may not even if we stay down. 

 

Your point about the training ground makes no sense. The cost of its upkeep is exempt from PSR, so King Power can cover that whether we have Premier League revenues or not. 

[Dames]

9 minutes ago, ClaphamFox said:

This is simply not true. July 1 marks the beginning of a new accounting period. A number of our players will be leaving and they will need to be replaced. We won't be splashing £30m on a player any time soon, but we will obviously be buying players. PSR is likely to be replaced by something different, which means we won't be facing the prospect of year-on-year breaches and points deductions. Our current transfer embargo won't be extended if we go up, and may not even if we stay down. 

 

Your point about the training ground makes no sense. The cost of its upkeep is exempt from PSR, so King Power can cover that whether we have Premier League revenues or not. 

Your whole argument relies on the assumption that ‘psr will probably be replaced’. There is no indication or official communication that it is going to be replaced so until otherwise we are up the creek without a paddle because our losses are so bad and our revenue is so low at the minute it will take us YEARS to become compliant and thats without signing any players. 
 

Also how long do you think King Power will keep funding a business thats currently losing 1 million per week with no signs of improvement.

 

Wake up. We’re in trouble. I’ve been saying it for so long. 

[Chelmofox]

29 minutes ago, Saxondale said:

This is the point - it’s not oblivion. 
 

The likely outcome of all of this debacle is that we get promoted (hopefully,

obviously), we get a points deduction, likely get relegated the next season and we’re back where we started.
 

The way people are talking is as if we’re going to go skint and drop down to League Two. 
 

What happened to Coventry over two decades was oblivion - not this. 

And what if we don't get promoted. In my opinion, its as likely as us getting relegated last season. 

[Bob Hazels shorts]

A moron or a post 2009 (or 2015/16) supporter that hasn't seen failure up until the wheels falling off under Brenda and blind faith by the board in him and Rudkin.

 

Rodgers was begging to be payed off in his final 2 years and systematically killed us, we were trapped with him due to FFP!! Ridiculous situation

 

Vichai's heavenly 66th today. The clubs generosity (mixed with naivety) has been our recent downfall

 

Expensive plaything