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Guest Mickyblueeyes

King Power Out

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Posted
6 minutes ago, Sly said:

If we default on Macquarie, they’ll potentially be able to get us and dismantle us to get the money they are owed. 
 

That’ll be stripping the squad bare and all of the family jewels as well. It’s Wimbledon levels of bad isn’t it? 

I’d imagine we would sell the training ground and stadium independently if it got to that stage but honestly, who truly knows what is next.

  • Like 1
Posted (edited)
55 minutes ago, South Shire Fox said:

Which other clubs use Macquarie? Be interesting to see whether they are well run clubs or not

 

 
 
 

A quick ask on chat

  •  
  • Aston Villa
  • Bournemouth
  • Burnley
  • Crystal Palace
  • Leicester City
  • Middlesbrough
  • Rangers
  • Sheffield United
  • Southampton
  • Sunderland
  • Swansea City
     
     
  • Tottenham Hotspur
  • Watford
  • West Bromwich Albion
  • Wolverhampton Wanderers
Edited by slymunn
Posted
1 hour ago, Sol thewall Bamba said:

Also remember when the relationship with Macquarie first broke and people were falling over each other to say "not to worry" and "that everyone does it". 

One poster on here in particular would shout anyone down when anyone dared question Macquarie loans. Strangely enough they don’t post on here as much as they did for many many years. 

Posted
2 minutes ago, Soar Fox said:

One poster on here in particular would shout anyone down when anyone dared question Macquarie loans. Strangely enough they don’t post on here as much as they did for many many years. 

Probably the wonderful  Julie S 🙄

Posted
1 hour ago, VLC86 said:

I’d imagine we would sell the training ground and stadium independently if it got to that stage but honestly, who truly knows what is next.

Yeh KP would likely have to sell our fixed assets to a finance house and lease back if the Vampires called in the debt, that pretty much sees us where Cov were 15 years ago. There’s no way this ends well for the club, absolutely no way. Ric’s view we will be insolvent in 18 months is absolutely plausible from here on in 

  • Like 2
Posted
3 hours ago, Tommy Fresh said:

We don't do we? 

Apparently we did as of June 2025, admittedly we may have cleared some but im honestly astounded how we could spend and owe that and be so shit.

Posted

So it’ll likely we’ll have more outgoings yet, which will further weaken the squad.

 

Souttar - £10m

Skipp - Loan

Ben Nelson - 5m

Okoli - Loan

Faes - Loan


We are still trying to balance the books in reality,  lower the wage bill, pay off the debts, reply on the academy graduates. 
 

  • Like 1
Posted
4 minutes ago, Foxin_Mad said:

Apparently we did as of June 2025, admittedly we may have cleared some but im honestly astounded how we could spend and owe that and be so shit.

It is an absolute knock out punch for the decision making morons involved in scouting to negotiating. A CFO with half a brain could’ve seen this coming two summers ago, while we were spending around £35m on Okoli and Skipp, two players who we don’t trust in league one, and giving Vestergaard another 3 year contract. If we’d have gone up to the prem and spent absolutely nothing at all we’d have been in a hugely better position now. The mismanagement just kept ticking on until it’s become too late to salvage anything 

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