When did you first realise we don't have good owners?

[HankMarvin]

11 hours ago, LCFCJohn said:

The graphic is incorrect. Where is Sousa in that?

 

The season you have down as 9th, Sven was in charge until November and left us in 12th before Pearson came back. It was 3 and a half seasons and just putting a graphic like that conveniently ignores the rest of the context.

 

He got us promoted first time from League 1, went straight into the play offs and lost on penalties. He was then inexplicably replaced which led to a season and a half of dropping to 10th and 12th when he took back over with loads of money down the drain on the likes of Beckford, Mills and Danns. He returned in 12th and we again see nothing but improvement in league positions, finishing that season in 9th, then 6th and smashing the league in 1st.

 

It can’t be proven but based on how he navigated it when he returned, to go back to my original point, it seems fair to say that him finishing 5th after promotion was on track to have us promoted. It is likely that if he had been left in place, it wouldn’t have taken 2 and a half more season. I reckon he’d have had us up in 2 as that is how many more ‘full’ seasons it took him after coming back and having to unpick the mess he inherited. 
 

It certainly would have happened quicker than if we hadn’t wasted time and resources getting rid of him in the first place.

The point is, it’s not JUST down to Pearson though. If he was such a miracle worker regardless of a chairmen’s input and squad he would’ve have a host of promotions from the Championship with Bristol City and Hull. It’s disingenuous to say that Pearson and Co done it all by themselves.

 

The screencaps I posted were from https://www.transfermarkt.co.uk/leicester-city/platzierungen/verein/1003

[The_77]

19 hours ago, dannythefox said:

That’s rubbish. 

Look at how bad the transfer window was after we won the league and how poorly we managed that success. 

It’s been even worse on the commercial side. That Premier League title win was the best story in all sports and we did so little to take advantage of it. Our only major commercial partnerships have been with dodgy companies and other entities that have done nothing to raise the profile of the club. Even when we were largely getting things right on the footballing side of the club, we completely blew any chance to add stability on the commercial side. 
 

And now both sides of the club are a mess at the same time. 

[RedSoxUK]

5 hours ago, LCFCJohn said:

To be fair, you did reply to a post of @Gamble92just saying what a load of rubbish basically without anything further.

 

Gamble raised some legitimate points and asked a genuine question and you simply say you can’t win? Not really sure what Gamble has done wrong there to be honest.

Alright John why don't you go and marry @Gamble92

[Gamble92]

1 hour ago, HankMarvin said:

It was a good strategy because we ended up getting promoted for the first time in 10 plus years.

Without those dodgy sponsorship deals in place , we wouldn’t have had the highest wage to turnover in the league and wouldn’t have had the strength of squad we did.

whether is was ethical or not who cares, just like nobody did at the time.

 

Just like nobody really cared when we were getting promoted last season and challenging loopholes despite accounts showing how poorly the finances had been run in prior seasons.

 

If people are going to look back at things retrospectively and criticise, then it’s probably best to maintain that stance even when things are going well. 

 

You're absolutely right that it worked. But it worked because it took Pearson, Walsh and Shakespeare to come in and be responsible with everything. Up until then we were basically doing what we do now. Irresponsible wages and every chance of sending the club into oblivion. 

 

No one is arguing if we couldn't have done this without their money. No one is arguing we have come out of a period all of us are grateful for forever. I just don't attribute it to great strategy by the owners. 

[dmayne7]

1 hour ago, The_77 said:

Look at how bad the transfer window was after we won the league and how poorly we managed that success. 

It’s been even worse on the commercial side. That Premier League title win was the best story in all sports and we did so little to take advantage of it. Our only major commercial partnerships have been with dodgy companies and other entities that have done nothing to raise the profile of the club. Even when we were largely getting things right on the footballing side of the club, we completely blew any chance to add stability on the commercial side. 
 

And now both sides of the club are a mess at the same time. 

The commercial failing is the worst of the lot. Not suggesting you'd get Man United sponsorship levels but even the most incompetent business person/marketeer/sales person should have been able to get some pretty big deals in place, even during the run-in of the title success when we it looked like we were going to do it. Shocking that we were always so low down on the sponsorship tables.

 

You only have to look at the decision to put the stadium upgrade after seagrave to see that the commercial side has never come easy to anyone involved in this ownership.

[Gamble92]

Id love to know how we were the only club to vote against the £15 price to watch COVID games from home and then last summer charge £10 to watch a ****ing friendly 

[LCFCJohn]

1 hour ago, RedSoxUK said:

Alright John why don't you go and marry @Gamble92

Sometimes things just need pointing out 

 

I don’t mind anyone’s views and opinions but back then with some substance!

[boots60]

When Walter Needham sacked Jimmy Bloomfield & replaced him with Frank McLintock.

 

 

 

 

 

 

[dannythefox]

1 hour ago, The_77 said:

Look at how bad the transfer window was after we won the league and how poorly we managed that success. 

It’s been even worse on the commercial side. That Premier League title win was the best story in all sports and we did so little to take advantage of it. Our only major commercial partnerships have been with dodgy companies and other entities that have done nothing to raise the profile of the club. Even when we were largely getting things right on the footballing side of the club, we completely blew any chance to add stability on the commercial side. 
 

And now both sides of the club are a mess at the same time. 

To be fair Covid cost us massively because KP fell on its arse, something they couldn’t control. But yes we’ve struggled for while and its going to be a big problem for the next few seasons if something doesn’t give.

[Paninistickers]

33 minutes ago, dmayne7 said:

The commercial failing is the worst of the lot. Not suggesting you'd get Man United sponsorship levels but even the most incompetent business person/marketeer/sales person should have been able to get some pretty big deals in place, even during the run-in of the title success when we it looked like we were going to do it. Shocking that we were always so low down on the sponsorship tables.

 

You only have to look at the decision to put the stadium upgrade after seagrave to see that the commercial side has never come easy to anyone involved in this ownership.

I've always banged on that the commercial exploitation of the club isnt on the radar of KP.

 

They only want nudge nudge wink wink ask no questions money. Involving Walkers or Mattioli Woods or NEXT ....they've always steered well clear of courting these (or any other) legit businesses. 

 

 

 

 

[HankMarvin]

1 hour ago, Gamble92 said:

You're absolutely right that it worked. But it worked because it took Pearson, Walsh and Shakespeare to come in and be responsible with everything. Up until then we were basically doing what we do now. Irresponsible wages and every chance of sending the club into oblivion. 

 

No one is arguing if we couldn't have done this without their money. No one is arguing we have come out of a period all of us are grateful for forever. I just don't attribute it to great strategy by the owners. 

In response to the other poster that said they supplied the money and it was all thanks to Pearson and Co.

 

Lots of chairmen just put up money, it went further than that the risk ended up being worth the reward. They could’ve played it safe and stayed within the clubs limits like other clubs did and we might never have been promoted and gone into win Premier league.

 

As we have seen in later years, the punt doesn’t always pay off and we are now were we are because those later punts have failed.

Ie the push for Europe/CL contracts and deadweights. 
 

In a multiverse somewhere maybe those calculated risks payed off and the team didn’t capitulate twice at the end of the season small margins and all that.

 

I’m not suggesting it has been run well, but let’s be honest lots of chairmen pump money into clubs.

Many cash rich chairmen don’t experience 80 percent of what we have in the last 10 years.

So they have done more than just supply money. If it was that easy it wouldn’t have been such a remarkable feat 

 

Clearly  there is a pattern of high risk and reward, but when it fails it fails spectacularly.

[oz was my hero]

20 minutes ago, dannythefox said:

To be fair Covid cost us massively because KP fell on its arse, something they couldn’t control. But yes we’ve struggled for while and its going to be a big problem for the next few seasons if something doesn’t give.

Did covid make us sign shit like Bertrand ,Daka and Vestergaard?  2 of which were on massively increased wages and one lanky useless twat we massively overpaid for and then overpaid on wages.  Stop looking for excuses  and admit we are a shit show

 

Edited 18 March by oz was my hero

[sm1]

We've really had 2 owners, Vichai from 2010 - 2018 and Top from 2018 onwards. I can't fault Vichai but Top's been a major disappointment. He's always been out of his depth, we didnt see it because he had his dad holding his hand.

Edited 18 March by sm1

[DJW1]

 

Apart from promotion, writing off the debt, staying up, free beer, winning the PL, reaching the CL quarter finals, winning the FA Cup, and winning the Charity Shield (and the education, sanitation, law and order...), .......what have KP ever done for us?

 

I think the 25 quid charge for a plastic season ticket card made many people wonder about the owners.

[HankMarvin]

2 hours ago, The_77 said:

Look at how bad the transfer window was after we won the league and how poorly we managed that success. 

This is all good in retrospect, but just because we won the league doesn’t mean it wasn’t a hard sell to attract players that would normally be enthusiastic about signing for the champions of England.

 

Not every transfer is going to be a Mahrez, Maguire, DD, Fofana, success and profit.

 

Silmani was heavily linked to Spurs and Arsenal before us.

31 goals in 44 appearances.

He was a severe flop in the end.

Is that the owners fault?

 

 

Man united were linked to highjacking Musa deal in the independent when our first offer was rejected.

time he was sold he cost €3m

Ndidi has been a success.

 

Mendy didn’t settle for the first few years but didn’t break the bank.

The following season signing a 20 year old from Man City seemed like exciting good business. 
 

Maguire in for £12m sold for £80m 

Iborra ended up costing £5m 

 

Silva on paper looked promising, Euro 2016 winner and played throughout the competition.

This was a total mess and the registration process and the clubs involvement no doubt affected the players career trajectory.

It’s not like the board held onto money we made from transfers, the funds were reinvested. 
 

I don’t see this as a failing of the owners, Rudkin was never going to get sacked at that stage after we won the league and players like Kante and DD being sold were filling the coffers.

 

[MattFox]

The sacking Pearson and un sacking him the next day farce goes under the radar for some reason 

 

Happened under the “boss”  too.

 

Likewise if we really want to go down a wormhole sacking Pearson for his son’s antics was a pretty weak excuse and not something that deserved getting rid

 

Suggests they were looking for a way to get rid…

 

 

 

[Heathrow fox]

49 minutes ago, HankMarvin said:

This is all good in retrospect, but just because we won the league doesn’t mean it wasn’t a hard sell to attract players that would normally be enthusiastic about signing for the champions of England.

 

Not every transfer is going to be a Mahrez, Maguire, DD, Fofana, success and profit.

 

Silmani was heavily linked to Spurs and Arsenal before us.

31 goals in 44 appearances.

He was a severe flop in the end.

Is that the owners fault?

 

 

Man united were linked to highjacking Musa deal in the independent when our first offer was rejected.

time he was sold he cost €3m

Ndidi has been a success.

 

Mendy didn’t settle for the first few years but didn’t break the bank.

The following season signing a 20 year old from Man City seemed like exciting good business. 
 

Maguire in for £12m sold for £80m 

Iborra ended up costing £5m 

 

Silva on paper looked promising, Euro 2016 winner and played throughout the competition.

This was a total mess and the registration process and the clubs involvement no doubt affected the players career trajectory.

It’s not like the board held onto money we made from transfers, the funds were reinvested. 
 

I don’t see this as a failing of the owners, Rudkin was never going to get sacked at that stage after we won the league and players like Kante and DD being sold were filling the coffers.

 

I Agree.We were looking at Mendy before Kante.Musa was heavily linked in the January 16 transfer window.Slimani looked an excellent signing on paper.
The whole not capitalising on the title win was a myth.The public and media soon moved on.Only a few weeks into the next season we played Liverpool and it was a Klopp spaffathon.O and let’s not forget Leicester are Champions btw.

[ousefox]

I've always thought Pearson sorted this club out more than anybody else. Of course, we needed the direction given by having ambitious owners, but Pearson, Shakespeare and Walsh sorted out the recruitment and brought in the right characters. 

 

The further we strayed from his model of only signing players better than what we had, we started to struggle. Maguire, Maddison, Fofana and Tielemans were the last of those. 

[iancognito]

Title day.

 

Of everything the squad achieved that season, the records, the goals, the individual stories.....the chairman put himself on the cover of the programme.

 

Every achievement since with the final day parades of 100s of Thai hangers on just leaves a circus feel around the place.

[BenTheFox]

On 17/03/2025 at 22:49, Electric Yetis said:

Disliked them ever since they removed the old frieze around the top of the stadium. Never trusted them since. 

 

Having the statue out front of the stadium is a proper sickener too.

Yeah, that never sat right with me. I always hoped that our first statue, especially one that is in the most visible location immdeiately outside the stadium, would be of a player or a manager. 

[The Horse's Mouth]

2 hours ago, MattFox said:

The sacking Pearson and un sacking him the next day farce goes under the radar for some reason 

 

Happened under the “boss”  too.

 

Likewise if we really want to go down a wormhole sacking Pearson for his son’s antics was a pretty weak excuse and not something that deserved getting rid

 

Suggests they were looking for a way to get rid…

 

 

 

Pearson wasn’t sacked, he walked because his son was sacked.

[Gamble92]

4 hours ago, LCFCJohn said:

Sometimes things just need pointing out 

 

I don’t mind anyone’s views and opinions but back then with some substance!

[Mickyblueeyes]

Aiyawatt Srivaddhanaprabha 58.1%

Voramas Srivaddhanaprabha 9.3%

Apichet Srivaddhanaprabha 9.3%

Aroonroong Srivaddhanaprabha 9.3%

Aimon Srivaddhanaprabha 14%

 

when this happened - the shareholding for the other 4 is so minimal the little child is making decisions without any competent person slapping him on the arse when he acts a fool. Sad day for the club when this happened. 

[dannythefox]

17 hours ago, oz was my hero said:

Did covid make us sign shit like Bertrand ,Daka and Vestergaard?  2 of which were on massively increased wages and one lanky useless twat we massively overpaid for and then overpaid on wages.  Stop looking for excuses  and admit we are a shit show

 

That’s Rudkin for you who I’ve said needs to go now. Looking for excuses? We’re in a mess and something needs to change wind your neck in pal 

[RedSoxUK]

17 hours ago, HankMarvin said:

In response to the other poster that said they supplied the money and it was all thanks to Pearson and Co.

 

Lots of chairmen just put up money, it went further than that the risk ended up being worth the reward. They could’ve played it safe and stayed within the clubs limits like other clubs did and we might never have been promoted and gone into win Premier league.

 

As we have seen in later years, the punt doesn’t always pay off and we are now were we are because those later punts have failed.

Ie the push for Europe/CL contracts and deadweights. 
 

In a multiverse somewhere maybe those calculated risks payed off and the team didn’t capitulate twice at the end of the season small margins and all that.

 

I’m not suggesting it has been run well, but let’s be honest lots of chairmen pump money into clubs.

Many cash rich chairmen don’t experience 80 percent of what we have in the last 10 years.

So they have done more than just supply money. If it was that easy it wouldn’t have been such a remarkable feat 

 

Clearly  there is a pattern of high risk and reward, but when it fails it fails spectacularly.

 

The answer is they just got lucky. It could have gone the other way if we didn't get some results when we were promoted. We're extremely fortunate it paid off when it did.

 

As others have said we have Birch to thank for suggesting rehiring Pearson. His team absolutely put in the groundwork for the future success. He's too removed from the day to day to have any impact, likewise the big picture strategically just wasn't there at all, it was the joint ideas of Pearson/Shakespeare/Walsh - ex Man U youth because of the ethic, operating with less players to improve overall team performance, scouting heavily linked to the first team coaches so much that a coach was heading the scouting. King Power didn't do any of that did they, but they paid for the teams wages - remember this: https://www.bbc.co.uk/sport/football/26943611

 

We cannot underestimate the importance Pearson and team had at implementing the standards needed to go on and win the league a year later on the pitch but most definitely off it.