King Power Out

[Tommy G]

1 hour ago, ARM1968 said:

Can’t see anyone offering more than £200 million to be honest. If they truly want £500 million, then we ain’t being sold anytime soon. 

Citigroup will be guiding them on realistic valuations anyway, if the actually want it to complete!

[walkerleeds]

Hang on, so King Power actually want out then?

[Gamble92]

1 hour ago, Nolucklcfc said:

This decision must be fairly recent on King Powers part because I’m sure @Ric Flairsaid that two local businessmen were told flatly no when asked if the club was for sale … 2024 or 2025 was that Ric? 

Ric probably emailed the reception off his Gmail

[teblin]

2 hours ago, PhillippaT said:

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You aren't the droid I'm looking for?

[Buzzell]

45 minutes ago, walkerleeds said:

Hang on, so King Power actually want out then?

Sounds like they are open to a sale.

[MattFox]

Wouldn’t surprise me if the Thai government have had a quiet word and told Top to sell of he wants their company to survive 

[wurmer]

King Power the company will just want this off their books - it's gonna take a net input from them to keep the club going and a) Top has totally lost interest b) King Power are in financial strife and c) I do wonder just how much influence Top still has within the KP group since the admin deal. I know that the ownership is technically is, but he's bankrolled by KP and then he bankrolls us.

 

 

It won't go for a big sum.

Edited 1 hour ago by wurmer

[Jattdogg]

Sounds like a cut your losses and get out because it's not sustainable situation. We all can see that was the case years ago.

 

Just hope it happens before we hit administration. Clearly, we need to get promoted this year and fly high back to the epl within a year or two or we could be up shits creek.