King Power Out

[urban.spaceman]

7 minutes ago, Stuntman_Mike said:

Positive news. 

 

Even with our struggles, you'd imagine plenty of people would be interested in us.

World class training facility and developing plenty of youngsters with huge potential, we own all the land around the stadium and have planning permission for a stadium expansion with arenas and hotels on said land, we have international recognition with a recent history of sustained success at the top of domestic and European competitions...

 

KP would probably argue that the club's increase in value from the £39m they paid for it and the hundreds of millions they want for us, could be replicated by a new owner with ambition using all of the above well and turn us into a multi billion pound club. 

Edited 4 hours ago by urban.spaceman

[Samilktray]

I think I want a Marinakis type to buy us. Just somebody absolutely mental, who might storm the pitch waving a pistol around if something goes wrong. Be a laugh for a few years at least

[Philkeavo]

15 minutes ago, dmayne7 said:

Considering the only noise has been that Top absolutely doesn't want to sell, I'd say any indication that they are looking to sell is clearly news

Perhaps the semi serious people at KP Holdings are instructing the little amoeba that he has no choice?

[urban.spaceman]

Just now, Samilktray said:

I think I want a Marinakis type to buy us. Just somebody absolutely mental, who might storm the pitch waving a pistol around if something goes wrong. Be a laugh for a few years at least

Given how Harchester United we are that is genuinely very likely. 

[Rubbersoul]

6 minutes ago, Stuntman_Mike said:

Thanks pal, can you reduce home shirts to £70

No 

[Katy]

2 minutes ago, Stuntman_Mike said:

Yeah I heard that, was just the same old reaction from someone that has absolutely no idea what's gone on.

Crook was strangely quiet after he said that and he knows the score. I was hoping he’d put him straight but they were running out of time, I think. 

[Stuntman_Mike]

Just now, Katy said:

Crook was strangely quiet after he said that and he knows the score. I was hoping he’d put him straight but they were running out of time, I think. 

Running out of time or just couldn't be arsed because it wasn't Man Utd.

[StanSP]

14 minutes ago, les-tah said:

my mate Claude values us at £150-250 million all in.

Must be talking to the same mate

 

Short answer: probably somewhere in the £150–250m enterprise value range today — a fraction of the ~£600m+ (Forbes' ~$781m) the club was worth as a Premier League side just a couple of years ago. Here's the reasoning, based on the FY2024/25 accounts and their current situation (second relegation in two years, now in League One for 2026-27):

Balance sheet (year to 30 June 2025)

Total assets: £401m — player registrations £117m (net book value), fixed assets £197m (King Power Stadium carried at £44m depreciated replacement cost, Seagrave training ground at £100m), transfer receivables £56m, other assets £30m

Total liabilities: £286m — £103m external debt (mostly Macquarie facilities secured against future TV/parachute income), £60m owed to the parent company, £81m transfer payables

Net assets: ~£114m, per the club's own accounts

On the "loans to write off" point

This is largely already done — King Power converted £124m of shareholder loans into equity in January 2025, on top of the £194m written off back in 2013–2023. There isn't much shareholder debt left to forgive; what remains is external bank/Macquarie debt secured against future revenue streams, which a buyer would have to actually service or refinance, not just wave away.

Why book value understates the real number

The stadium's £44m figure is depreciated accounting value, not market value — and it's genuinely prime, sole-use real estate in a city with no rival ground.

£100m for a purpose-built 2020 training complex like Seagrave is close to replacement cost.

There have reportedly been informal talks about a consortium buying the stadium and training ground as a standalone real-estate/investment play, separate from the football club itself — which tells you the physical assets are seen as worth more than the football operation right now.

Why the football club itself is worth much less than 2023 estimates

Two relegations in three seasons (Premier League → Championship → League One) has gutted broadcast revenue, sponsorship value, and brand strength. League One clubs typically change hands for £10–40m as going concerns; Leicester's parachute payments and infrastructure lift that well above a typical League One peer, but nowhere near the £600m+ Premier League-era number.

Put together — assets (stadium + training ground at something closer to market value, plus playing squad) minus real external debt — I'd land around £150–250m as a fair enterprise value estimate, with the physical infrastructure doing most of the heavy lifting. Happy to go deeper into any one piece (e.g., a comps-based approach using recent League One/Championship club sale s) if useful.

[em9999]

If it meant a change of ownership would you sacrifice promotion this coming season ??

Edited 4 hours ago by em9999

[coolhandfox]

22 minutes ago, Ric Flair said:

There is also a lot hanging over the club in loans to the Aussie bank and legal proceedings from the likes of Leeds.

 

I honestly don't know how you value us. The figure would likely not satisfy what KP will be needing, it's why I think the outcome of all of this is via administration in the next 18 months. I hope i'm wrong.

They are in a position where they sell for less than they have put in or keep losing even more. 

 

The value is what someone is willing to pay, I think we are more attractive then some people think.

 

[NJFox]

19 minutes ago, Stevosevic said:

Americans with ambition please. 

I can check both of those boxes. Will they accept 20 quid?

[CosbehFox]

Chefs kiss to all those who marched who were told they were irrelevant, just kids or any other comment. It won't make a difference apparently. Look at that photo on the FT site.  If pushed some nagging doubts internally, there we have it. Bravo all. 

[lcfcfoz]

Bale wanted cardiff in League 1. Could he afford us

[Gazza M]

Hoping Nepo has been put in his place by others in Thailand running King Power and made to look at option of selling up before they self destruct. 

[Wasyls Pec Deck]

Get these willy pullers out then we can worry who comes next 

[coolhandfox]

4 minutes ago, CosbehFox said:

Chefs kiss to all those who marched who were told they were irrelevant, just kids or any other comment. It won't make a difference apparently. Look at that photo on the FT site.  If pushed some nagging doubts internally, there we have it. Bravo all. 

To be honest I don't think they give a shit, I think it more to do with they have no money left to keep us afloat. 

 

 

[Tommy G]

Just now, Gazza M said:

Hoping Nepo has been put in his place by others in Thailand running King Power and made to look at option of selling up before they self destruct. 

I'm 99% sure it's not his decision, he's probably got a bollocking from his mum and she's given the order. 

[LFEFox23]

Has Mummy had a firm word with Aiyatwatt!

[CruzNoir]

27 minutes ago, VLC86 said:

Because it’s literally news. What you have said above is speculation and also, very contradictory. If they can’t sustain more than 1 season in league 1 why wouldn’t they sell?

 

Anyone that thought the Owners wouldn’t consider selling after such a fall are delusional hence why this shouldn’t be of any major news.

 

I mean, it is News but hardly a surprise news

 

Not just the Clubs finances but KP finances have taken a massive hit over the years, so the thought of them seriously sustaining the football club of our stature in the perils of L1 for a prolonged period….obviously a sale was going to be in the cards.

 

Wanting to sell and having to sell are 2 different things as well, hardly contradictory. I speculatively don’t think they want to sell, but they may indeed have to sell, they still might sell if we get promoted! Top might think he gotten the Club back on an upwards trajectory and call it quits from there.

 

I just don’t think it’s anything to get excited about over something that was blatantly obvious in the first place.

[Libertine]

18 minutes ago, Samilktray said:

I think I want a Marinakis type to buy us. Just somebody absolutely mental, who might storm the pitch waving a pistol around if something goes wrong. Be a laugh for a few years at least

I nominate the guy from your avatar. 

[CosbehFox]

5 minutes ago, coolhandfox said:

To be honest I don't think they give a shit, I think it more to do with they have no money left to keep us afloat. 

 

 

Which is the point that the majority of marchers were making 
 

Fan groups airing concerns about the delayed Xmas payment, BC Game going bankrupt and the stewarding issue at the Derby game were receiving huge criticism in social Media and in the stands 

Edited 4 hours ago by CosbehFox

[Nalis]

39 minutes ago, StanSP said:

Happy fvcking days. 

 

Might as well get NFL or Saudi on board. That's the way rest of football is going or has gone, and we're just being left behind. Trying to be different or authentic won't work these days. 

 

As sad as that is, it's the reality. And where the money is, and that's what football is all about. 

 

Just don't change our shirt colour to red

 

Cant wait to cheer on the Lice-ster Foxes

[Samilktray]

4 minutes ago, Libertine said:

I nominate the guy from your avatar. 

Fvck you

ayyyyyyyyy

[Cincinnati Fox]

Whats the average and record sale of a L1 club?

[Tommy G]

2 minutes ago, Cincinnati Fox said:

Whats the average and record sale of a L1 club?

Doesn't have any bearing on this sale.