KP Debt to Equity

[Tommy G]

37 minutes ago, Clever Fox said:

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.

 

 

Clever fox is ironic 

[ashbyj]

How is Rudkin still in his post, does he like him making him cough up?

Edited 24 January by ashbyj

[GingerrrFox]

2 minutes ago, CL Fox said:

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

Tbf it doesn’t help when you’ve got weapons like Ian Stringer coming out and defending Top at any opportunity. 

[Sol thewall Bamba]

4 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

And it works. Look at the Facebook comments. King Power FC footsoldiers ready to lay down their lives for the leader.

[Skidmark]

Don't be fooled by it.

 

 

[Soar Fox]

Expect some free drinks & doughnuts to be announced a couple of days before the Arsenal game. Get a bit more good PR on their side 

[blueharmie]

Got to give it to them. Seen the protests and counter acting it.

 

What a shit show 

[Corky]

1 hour ago, Sol thewall Bamba said:

And it works. Look at the Facebook comments. King Power FC footsoldiers ready to lay down their lives for the leader.

He could put a fiver in and that lot would be applauding. "Other owners only went to £2.75, so lucky to have him!"

[StanSP]

2 hours ago, Clever Fox said:

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.

 

 

And how is it a separate issue then? 

[goose2010]

Do t worry Jon mate I will chuck another 125m in to cover up the absolute state you have got us in.

 

Like that rich Dad that chucks money at his kids to try and keep them happy. 

[Clever Fox]

2 minutes ago, StanSP said:

And how is it a separate issue then? 

Because one is a business decision, The other is poor Football decisions.

[StanSP]

3 minutes ago, Clever Fox said:

Because one is a business decision, The other is poor Football decisions.

And the business decision is covering up the football decision. 

 

Fvcking hell. 

[filthyfox]

5 hours ago, StanSP said:

Further proof he's here for the long term. 

 

Maybe he's about to pay Rudkin off

If he does,  then i WILL break dry January

[dmayne7]

7 minutes ago, goose2010 said:

Do t worry Jon mate I will chuck another 125m in to cover up the absolute state you have got us in.

 

Like that rich Dad that chucks money at his kids to try and keep them happy. 

He's covering for his own ineptitude. Can't believe I'm going to defend Rudkin, but the problem is just the players we signed and the salaries they are on but also the complete lack of commercial skill displayed by Top and his executive team (which includes Rudkin). Think about the success we had and the fact Leicester City became 'the' club outside of the big 6, with massively increased global fanbase and the fact that our sponsorship/commercial income was pathetic, and the decision to build seagrave before the stadium expansion.

 

Rudkin is the tip of the iceberg. If we didn't have utter morons running the club all over, we'd never be in this mess.

[Daggers]

4 hours ago, Bluearmyfox28 said:

I pray this is an attempt to reduce the clubs debt to make us a more attractive to sell. I know that’s not the reality though. 

1. The club owes the money to KP and Top as a loan

 

or

 

2. The loan is converted into shares so there are more shares to buy out in a takeover

 

It’s the same thing. The club is neither more nor less attractive to buyers, the value of debt still exists. 
 

 

[filbertway]

Is that about 300m he's wiped and yet still keeps the same staff in place that are responsible for it

 

Sound that he's not an utter ***** and he's not putting the club in jeopardy. It's a low bar though.

 

Maybe let's spend within our means now?

 

Maybe him and the "fans" can stop obsessing with trying to financially compete with teams that earn 4x as much.

 

At some point he's not going to be able to do this. So he needs to either start taking his role seriously are find someone that can/will.

[moore_94]

 

[lcfc sheff]

8 minutes ago, moore_94 said:

 

AH the real purpose 

[st albans fox]

10 minutes ago, lcfc sheff said:

AH the real purpose 

Which was commented on here on the first page by several posters 

[hackneyfox]

Jesus ****ing Christ some of you miserable ***** would moan if you got a Porsche for Xmas.

Its a positive a postive however you look at it, for the love of god stop wringing the joy out of every situation.

[jayfox26]

4 minutes ago, hackneyfox said:

Jesus ****ing Christ some of you miserable ***** would moan if you got a Porsche for Xmas.

Its a positive a postive however you look at it, for the love of god stop wringing the joy out of every situation.

Yes it's a positive but it's not hiding the fact that club is an absolute shambles. The timing is sketchy as well. Could be to get ahead of the PL rules. Could be an attempt to appease fans. Could be both. Either way, the club is still utterly stinking and this won't change that.

[Gamble92]

8 minutes ago, hackneyfox said:

Jesus ****ing Christ some of you miserable ***** would moan if you got a Porsche for Xmas.

Its a positive a postive however you look at it, for the love of god stop wringing the joy out of every situation.

We literally have nothing to be positive about at the minute. This doesn't change a thing for us as fans. A few years ago you'd see a lot more positivity about news like this. Even the most passive of happy clappers can see the way we are heading. 

 

Don't try and tell peasants they should just lap up any news the club gives them. We are tired of the way the club is being run and this won't change that. 

[CosbehFox]

2 hours ago, lcfc sheff said:

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. 
 

 

He’s done it because of a PL rule change and then the club have maximised the PR out of it 

[hackneyfox]

22 minutes ago, CosbehFox said:

He’s done it because of a PL rule change and then the club have maximised the PR out of it 

But he still did it and it’ll save some interest every year. Try seeing tube positive.

its a spiral of negativity on here, if we won th FA cup posters would start moaning that we’d struggle in Europe the following season rather than celebrate the moment.

[PAULCFC]

24 minutes ago, hackneyfox said:

But he still did it and it’ll save some interest every year. Try seeing tube positive.

its a spiral of negativity on here, if we won th FA cup posters would start moaning that we’d struggle in Europe the following season rather than celebrate the moment.

I think most on here would Celebrate the moment if we we were not in this mess now......Let's just say the club was run properly and we have the money that Top is putting in to buy players/get on with ground expansion.......then i'd be happy,but we are a basket case of a club at the moment.