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Stevosevic

KP Debt to Equity

By Stevosevic, in Leicester City Forum

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Bob Weasel Fox

Bob Weasel Fox

Posted
Posted
2 hours ago, FrankieADZ said:

massive well done to him

 

but all due respect, it feels like something thats just been done to try distract the fans and try and win them back over

This club has all been about snioke and mirrors for the last 4/5 years now 

Clever Fox

Clever Fox

Posted
Posted
28 minutes ago, lcfcbluearmy said:

Exactly however this is why I’m not in the we need KP to sell and top out camp. I thoroughly believe we need change in the management of the day to day running of the club and have and will continue to voice that opinion. But I’m still holding out hope that we can do that without the club having to be sold as our owners do still invest a lot of money into the club it’s just not always been spent wisely

All very true, You can trace all our current problems back to the Accident.

 

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BluethroughtheMiddle

BluethroughtheMiddle

Posted
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Posted (edited)

Amazing, he puts in another £125m to help the club and people are moaning. FFS only on Foxestalk.

Yes we have issues, yes things need to change in the day to cay management, but to be cynical about this is beyond belief.

Edited by BluethroughtheMiddle
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sylofox

sylofox

Posted
Posted

Nothing like blowing your own trumpet. Just glad I'm done with it until he fvcks off.

 

Never have I ever felt so low and down about my team. Even relegation to division one didn't feel this bad. At least we had hope for the future.

 

I seriously have no feeling for the club atm.

 

Thanks Top now fvck off.

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Clever Fox

Clever Fox

Posted
Posted
1 hour ago, ramboacdc said:

I am shite with money, so I bet I am wrong, but doesn't this just mean we now owe Top £420m? He would want that back if he sold up with his own interest for sure.

No, it means the club had debts of 124mil. He's paid that off from his own pocket. This means the club saves millions every year by not having to pay interest and capital on the debt.

Top in return has got a little more equity in the Club. That doesn't mean he'll ever get his money back as most clubs lose money year to year.

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MattFox

MattFox

Posted
Posted
8 minutes ago, Clever Fox said:

No, it means the club had debts of 124mil. He's paid that off from his own pocket. This means the club saves millions every year by not having to pay interest and capital on the debt.

Top in return has got a little more equity in the Club. That doesn't mean he'll ever get his money back as most clubs lose money year to year.

It was debt leant to one of top’s companies (LCFC) by another of his companies (KP) that’s been paid of by one of his companies (Another part of KP)

 

Its fake money essentially 

CosbehFox

CosbehFox

Posted
Posted (edited)
26 minutes ago, BluethroughtheMiddle said:

Amazing, he puts in another £125m to help the club and people are moaning. FFS only on Foxestalk.

Yes we have issues, yes things need to change in the day to cay management, but to be cynical about this is beyond belief.

He’s done to avoid punishment under Premier League rules wake up. 
 

He’s take money from his fortune made by king power to pay off money owed to king power 

Edited by CosbehFox
Clever Fox

Clever Fox

Posted
Posted
11 minutes ago, MattFox said:

It was debt leant to one of top’s companies (LCFC) by another of his companies (KP) that’s been paid of by one of his companies (Another part of KP)

 

Its fake money essentially 

No it's real money that's left his personnel account and gone to the benifit of the Club. This is a big gesture on his behalf and should not be dismissed by Fans. 

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Wink84

Wink84

Posted
Posted
2 hours ago, HankMarvin said:

For a supposed journalist clearly not well informed 

 

Nothing to see here 

 

IMG_6834.thumb.jpeg.bed3b08e35cd0c0c79a42e8ba3389cf1.jpeg

He's not a journalist. Just a commentator/Thailand influencer

MattFox

MattFox

Posted
Posted
7 minutes ago, Clever Fox said:

No it's real money that's left his personnel account and gone to the benifit of the Club. This is a big gesture on his behalf and should not be dismissed by Fans. 

All tops money is essentially linked to KP which is basically a family slush fund 

l444ry

l444ry

Posted
Posted (edited)

He's paying through the nose for cock ups made under his ownership, but some of the petty comments to fit a personal narratives of him are infantile.  

Edited by l444ry
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Wink84

Wink84

Posted
Posted
41 minutes ago, BluethroughtheMiddle said:

Amazing, he puts in another £125m to help the club and people are moaning. FFS only on Foxestalk.

Yes we have issues, yes things need to change in the day to cay management, but to be cynical about this is beyond belief.

If you can't see this is a pure PR to release a statement about it then I love how naive you are. 

 

 

CL Fox

CL Fox

Posted
Posted
14 minutes ago, Clever Fox said:

No it's real money that's left his personnel account and gone to the benifit of the Club. This is a big gesture on his behalf and should not be dismissed by Fans. 

Haha. Nothing has left his personal bank account. 🤣🤣🤣

Clever Fox

Clever Fox

Posted
Posted
Just now, MattFox said:

All tops money is essentially linked to KP which is basically a family slush fund 

No it isn't . As a Director he has his own Salary  like any Director in any Company. He's entitled to spend his Salary any way he likes just like you or me.

 

He's most likely paid off some of the Maquere loans. Instead of leaving it for the Club to continue paying for the next how many years.

 

Some could argue that it's his own fault for getting us into the current mess but that's aseparate issue.

 

 

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Wink84

Wink84

Posted
Posted

Imagine having to pump money into a club that is mismanaged by you and your staff, and instead of making changes to your staff that have continously mismanaged the money you've invested you just pump more money into the club. You then wipe this out, and release a press statement to show how generous you are hoping it will clear the ill feeling around the club under your stewardship.

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lcfc sheff

lcfc sheff

Posted
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Posted

I can’t imagine someone would write off £125m of debts to appease fans due to this moment of time. Whatever you currently think about him it’s a great thing to do. 
 

 

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CL Fox

CL Fox

Posted
Posted
3 minutes ago, GingerrrFox said:

Some proper gullible types in our fanbase. Turkey’s voting for Christmas 🤣

Thought they were mainly on Facebook but plenty seem to have turned up here as well.

Tommy G

Tommy G

Posted
Posted
1 hour ago, MattFox said:

It was debt leant to one of top’s companies (LCFC) by another of his companies (KP) that’s been paid of by one of his companies (Another part of KP)

 

Its fake money essentially 

It’s not “fake money” it’s more moving money around. The money has come from somewhere and its from one of the companies he’s a major or only shareholder in so ultimately it’s his “wealth”

 

Expensive PR stunt nonetheless 

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