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moore_94

Premier League has charged LCFC with an alleged breach of PSR

By moore_94, in Leicester City Forum

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VLC86

VLC86

Posted
Posted
Just now, TheGoldenGod said:

Simon Jordan was talking the other day about how experts are prediction the womens game to explode and be worth as much as the Mens in 10 years time...how likely that is I'm unsure but would mean Chelsea have scuppered themselves by selling the women's team now!

Scuppered themselves by mismanaging funds, but saved themselves in the short/medium term by selling the woman’s team.

 

We scuppered ourselves on both fronts. If the men’s team are haemorrhaging funds and plummeting down the leagues, I very much doubt the woman’s team is going to be at the top competing for trophies to the point where selling them would have been a bad idea.

Ricey

Ricey

Posted
Posted
6 minutes ago, TheGoldenGod said:

Simon Jordan was talking the other day about how experts are prediction the womens game to explode and be worth as much as the Mens in 10 years time...how likely that is I'm unsure but would mean Chelsea have scuppered themselves by selling the women's team now!

They'll just sell it back to themselves at a cut price.

  • Like 2
filbertway

filbertway

Posted
Posted
20 minutes ago, BKLFox said:

I imagine at some point Chelsea for example will buy back their women’s team, their hotel and what ever else which will be spread over a number of years in the books in much the same way as player transfers are and when the times right will be sold back again to generate an immediate lump sum injection to avoid psr issues in a continuous loop, unless of course anyone outside the top 6 tries to do it and the loop hole will be filled in but the top 6 will be advised of this well in advance so they can ensure these assets are where they need them to be.

Of course that could just be the cynic in me talking.

 

Hahah that thought crossed my mind lol

 

This hotel is worth £80m when the club is selling it, but when they buy it back it's only worth £1.

 

Either way, I feel much more comfortable with us owning our assets rather than chasing some short term financial boost.

 

  • Like 2
TheGoldenGod

TheGoldenGod

Posted
Posted
8 minutes ago, Ricey said:

They'll just sell it back to themselves at a cut price.

Think it'll still have to be reviewed by independent body on whether it's fair market value so not entirely sure that's true.

  • Like 2
filbertway

filbertway

Posted
Posted
3 minutes ago, TheGoldenGod said:

Think it'll still have to be reviewed by independent body on whether it's fair market value so not entirely sure that's true.

Just put some stickers on the walls to make it look like they have cracks. Drop in a bin bag of coackroaches, jobs a good'un :D 

Stadt

Stadt

Posted
Posted
On 11/06/2025 at 09:45, BKLFox said:

£500m spent in 10 days in the premier league, when it opens again I expect it will rise over £1bn in a single window, we will see a new premier league transfer record and players will get wages of £355k per week yet Leicester struggle to spend 20m on players and pay the odd 70kpw without falling foul of psr.

 

Shows you just how incompetent our owner and board are 

Terraloon

Terraloon

Posted
Posted (edited)
2 hours ago, TheGoldenGod said:

Simon Jordan was talking the other day about how experts are prediction the womens game to explode and be worth as much as the Mens in 10 years time...how likely that is I'm unsure but would mean Chelsea have scuppered themselves by selling the women's team now!

I think far too many misunderstand what has happened here.

 

Their WSL team and the hotels were owned by Chelsea FC Ltd. Chelsea Ltd were owned by Chelsea Holdings Ltd who in turn are owned  by Blue Co Ltd. So the assets , save 10% of the woman’s team, are still owned within the same structure.

Before Blue Co was in existence just about all the Chelsea Assets were owned by a company called Fordstam which was Roman Abromovich  ownership vechile

Man City owners actually sold a % of their holding companies shares to a Chinese Company. Isn’t that far more of an issue ?
Tottenham Stadium isn’t owned by the Football club its a standalone within the holding group.

All that we see here is normal inter company activity but as for scuppering themselves not sure realistically in 10 years time any woman’s team will have a value over the sum but irrespective Chelsea’s Woman’s team can’t function without Chelsea FC Ltd  support and infrastructure and almost certainly there would be significant financial kick back to Chelsea FC Ltd .

 

Edited by Terraloon
Terraloon

Terraloon

Posted
Posted
2 hours ago, filbertway said:

 

Hahah that thought crossed my mind lol

 

This hotel is worth £80m when the club is selling it, but when they buy it back it's only worth £1.

 

Either way, I feel much more comfortable with us owning our assets rather than chasing some short term financial boost.

 

In effect King Power own them all . 

RyCleary

RyCleary

Posted
Posted
16 hours ago, Realist Guy In The Room said:

I’m up for some KP hate as much as the next man, but lets not act like we’re oblivious to the existence of loopholes.

This is my point? Why haven’t we used it

  • Like 1
filbertway

filbertway

Posted
Posted
1 hour ago, Terraloon said:

In effect King Power own them all . 

In effect, but if the club is sold, the training ground comes with the club as a package. Whereas the stadium, KP/Top could just kick us out after our lease agreement expires.

 

Not that they ever would.

 

davieG

davieG

Posted
Posted
9 minutes ago, filbertway said:

In effect, but if the club is sold, the training ground comes with the club as a package. Whereas the stadium, KP/Top could just kick us out after our lease agreement expires.

 

Not that they ever would.

 

I believe there's some type of caveat which prevents the sale without consulting the fans @Foxes_Trust Can you clarify

  • Like 1
Spudulike

Spudulike

Posted
Posted

There's a Restricted Covenant in effect that only allows the land to be used for sporting activity. The land isn't worth much, certainly not to builders.

The Year Of The Fox

The Year Of The Fox

Posted
Posted
7 hours ago, TheGoldenGod said:

Simon Jordan was talking the other day about how experts are prediction the womens game to explode and be worth as much as the Mens in 10 years time...how likely that is I'm unsure but would mean Chelsea have scuppered themselves by selling the women's team now!

The only way that’s ever happening is if clubs and Sky continue to outprice the match going fan for the benefit of Chinese tourists. Which is possible I guess 

Vlad the Fox

Vlad the Fox

Posted
Posted
3 hours ago, davieG said:

I believe there's some type of caveat which prevents the sale without consulting the fans @Foxes_Trust Can you clarify

I think your right. I seem to remember the trust applying for and getting some sort of protection on the ground preventing the sale ect..

lcfcbluearmy

lcfcbluearmy

Posted
Posted
19 minutes ago, The Year Of The Fox said:

The only way that’s ever happening is if clubs and Sky continue to outprice the match going fan for the benefit of Chinese tourists. Which is possible I guess 

So here is the thing the women's game definitely imo gain huge attraction and probably will have a comparable support to the men's game in 10 - 20 years time and I think that is all or mainly going to come from young/ new supporters.

 

I say this as someone who has found it really hard to get into the women's game for the same reasons I have never got into following serie A or la liga. I haven't been brought up following the players, club, league/ system.

 

The reason I care so much about the lcfc men's team is because I have been following it for years and years caring through the ups and downs. The reason I don't feel the same way for the women's team is because I haven't been following it for years I don't know the players I can't put in my input and claim to know better than the manager.

 

This will change with the younger generation more promotion of women's football along side the men's means that more people will follow it from a young age when they are first getting into football and learn to care deeply for both teams and continue to follow the twist and turns of both teams throughout their football watching life 

  • Like 3
CosbehFox

CosbehFox

Posted
Posted (edited)
26 minutes ago, Vlad the Fox said:

I think your right. I seem to remember the trust applying for and getting some sort of protection on the ground preventing the sale ect..

It's nothing to do with the Trust on the training ground rather more council covenants and that the freehold is held by Leicester YMCA. The club have a long term leasehold on it paying a peppercorn rent with access rights retained by the YMCA. 

 

At the back of Belvoir Drive, there is a YMCA facility and a 4g pitch they have control on. They also have first dibs outside of normal working hours on the 'Dome' at LCFC and you can rent it out over the weekend etc yourself. 

 

Alongside that the planning process gets very complicated if you scrap a sports facility with community use, you have to provide the same provision nearby. 

Edited by CosbehFox
  • Like 1
Vlad the Fox

Vlad the Fox

Posted
Posted
2 minutes ago, CosbehFox said:

It's nothing to do with the Trust on the training ground rather more council covenants and that the freehold is held by Leicester YMCA. The club have a long term leasehold on it paying a peppercorn rent with access rights retained by the YMCA. 

 

At the back of Belvoir Drive, there is a YMCA facility and a 4g pitch they have control on. They also have first dibs outside of normal working hours on the 'Dome' at LCFC and you can rent it out any time yourself. 

 

Alongside that the planning process gets very complicated if you scrap a sports facility with community use, you have to provide the same provision nearby. 

Yes I know, I assumed Davie meant the KP were I seem to remember the trust announcing a few seasons back that they’d got some protective status on the stadium ensuring it remains Leicester City’s ground and can’t be sold off.

 

I'm sure someone from the trust can fill in the full details for us.

  • Like 1
smudgerfox

smudgerfox

Posted
Posted
21 hours ago, lcfc_forever said:

I have little sympathy for the board when they allowed £150m worth of players to go on a free transfer and kept Rodgers on when it was obvious change was needed but this shows what a farce PSR is:

 

 

Can you explain to me how you force a player to sign a new contract or sell him if there is no buyer?
 

The “letting players leave for nothing” argument is a complete red herring - players (and their agents) have the contract/transfer system sewn up to suit them. Clubs are little more than  spectators…

  • Like 2
Winstonthedog

Winstonthedog

Posted
Posted

This stench has been hanging around us for to long.... let's just take the hit and get on with it ... and hire a manager who can galvanise the team and its fans ... bring in some fresh livestock and come out with something to prove .... get the fans on side and make the KP a place other teams fear visiting  ...  we need some passion back in the club 

  • Like 2
davieG

davieG

Posted
Posted
3 hours ago, filbertway said:

In effect, but if the club is sold, the training ground comes with the club as a package. Whereas the stadium, KP/Top could just kick us out after our lease agreement expires.

 

Not that they ever would.

 

 

11 minutes ago, CosbehFox said:

That applies to King Power Stadium as opposed to the Belvoir Drive Training Ground. 

 

King Power Stadium is a Asset of Community Value - https://foxestrust.co.uk/11331/council-re-approves-trust-application-of-asset-of-community-value-for-kp-stadium 

Yeah that’s what I was referring to in reply to @filbertwaycomment about kicking us out of the stadium 

  • Like 1
STUHILL

STUHILL

Posted
Posted
45 minutes ago, Winstonthedog said:

This stench has been hanging around us for to long.... let's just take the hit and get on with it ... and hire a manager who can galvanise the team and its fans ... bring in some fresh livestock and come out with something to prove .... get the fans on side and make the KP a place other teams fear visiting  ...  we need some passion back in the club 

The problem is, Top and Rudkin are still in charge, and whilst they are, very little will change on how this club is run. We can take the hit on punishments, but we are still likely to hire wrong managers, sign poor players and be reckless with spending and the rules, whilst they are still making the decisions.

 

We need to get very lucky with this next Managerial appointment. Someone who can take as much control away from those two as possible. 

  • Like 1
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