New Ownership - Is it time?

[CosbehFox]

16 minutes ago, jonthefox said:

For every Tony Bloom , there’s a Vincent Tan. Be careful what you wish for. 

What about when your existing owner is towards Tan on the scale? 

[LCFCJohn]

5 hours ago, Bilo said:

I think he cares. This city and this stadium is the last place he saw his dad, the city and the footballing world threw their arms around him and his family at what must have been the lowest point of his life and he must have so many happy memories of the good times - even after Vichai died with the FA Cup win. It seems unlikely that he has no emotional attachment to the club and the city.

 

In fact, it could be argued that emotional attachment is the problem. He probably feels a misplaced loyalty to those who supported him behind the scenes in the days, weeks and months after his dad's death. He went from assistant to the boss overnight. He'll have felt overwhelmed, grief-stricken and without a clue of what to do next. Had Vichai been ill, close to retirement or slowing down, he could have prepared. 

 

So he did what anyone would do in that situation- turned to the people his dad trusted. They supported him, grieved with him and helped him come to terms with the grief and give what had become his dad's labour of love, Leicester City Football Club, their time and expertise. It even worked for a few years. Puel left, Rodgers came in with a big reputation, took the club to heights that threatened to match what we'd done under his dad and won a trophy we'd never won before. 

 

By now, though,  Covid had hit, devastating for the key business funding everything. Soon after, a terrible transfer window. Then relegation. Now it's all gone stale. It's a crisis he's never experienced and he doesn't have talented people around him in the football club. 

 

What he needs is a complete reset. I don't for a second think he's selling and his Thai business interests seem to be thriving, so money is available. He needs ruthless business people, far better PR, data-driven football people and a clean sheet of paper. If he does that, this is retrievable. He's an extremely wealthy young man who cares passionately for the club and is prepared to put money into it. That's more than most have. The problem that he is appallingly advised, too emotionally attached to those giving appalling advice and seems too weak to sack them. His money has been spent poorly, the PR is atrocious, the team has declined and his credit in the bank with fans is diminished. 

 

I doubt he sells without an insane offer unless he's in serious money trouble. Given neither of these seems likely, we have to accept that it's pie in the sky he sells. That means it's up to the fans to pressure him into making necessary changes. If we make the reasonable assumption he cares about the club and wants to keep the fans happy, and values how we supported him when the tragedy happened, he may listen to us. But we have to make him listen. It won't be easy. The club hierarchy have been there a long time and will try to shield him from the reality of fan discontent. But it's largely up to us. Otherwise all of the rhetoric that he's just the custodian and we're the real owners of the club is just that - rhetoric. If we own it, we need to take ownership and responsibility to ensure that the custodian knows his current inaction is driving us off a cliff. Last chance for him and for us before it all goes sour beyond repair, on and off the pitch. 

I’ve been critical of Top and lost faith in him but this is an extremely well worded and articulate summary of the likely situation.

 

As you say though, all that said, the situation does demand action. But all you have put above there, if he showed the inclination to make the necessary changes, I would support him again. But there doesn’t seem any sign of that yet.

[Fox92]

31 minutes ago, jonthefox said:

For every Tony Bloom , there’s a Vincent Tan. Be careful what you wish for. 

Every change is bound to be cautious. This includes manager changes (as reflected at West Ham this season).

 

But sometimes a change needs to happen and, lets be honest, if (when) we go down this season then it's 2 relegations in 3 years under this ownership.

[Sol thewall Bamba]

46 minutes ago, jonthefox said:

For every Tony Bloom , there’s a Vincent Tan. Be careful what you wish for. 

I'll take my chances thanks. 

[MonarchFox]

8 hours ago, CosbehFox said:

Define achieve. 
 

Bill Foley at Bournemouth is unlikely to achieve anything in terms of trophies but can he increase the value of the club to make a very tidy profit? As it stands the answer would be yes 

By achieve I meant to physically win a trophy mainly the Premier league or guarantee a continuous qualification to the Champions League ensuring higher incomes.