Popular Post Finnegan Posted 9 January Popular Post Posted 9 January Blaming Seagrave for our problems is just brain dead sheep talk. People parroting mouth breathers on Facebook. Such a weird fixation. 18
teblin Posted 9 January Posted 9 January 3 minutes ago, Finnegan said: Blaming Seagrave for our problems is just brain dead sheep talk. People parroting mouth breathers on Facebook. Such a weird fixation. Agreed with the right management team both at director level and team level, its an absolute asset.
Popular Post AjcW Posted 9 January Popular Post Posted 9 January 6 minutes ago, Finnegan said: Blaming Seagrave for our problems is just brain dead sheep talk. People parroting mouth breathers on Facebook. Such a weird fixation. It's properly weird. "The reason for our problems is this facility that everyone who visits says is the best in world football" No... it's the people employed within it. 5
Popular Post FoxKent_88 Posted 9 January Popular Post Posted 9 January (edited) I had a guided tour of Seagrave back in Brendan's days. It is an incredible facility. Was shown around by John Ledwidge who has since moved on to Man City (nice guy despite being a Cov fan). Told me a story how Maddison borrowed LCFC staff to makeover his garden and then took ages settling their wages. Edited 9 January by FoxKent_88 1 8
ClaphamFox Posted 9 January Posted 9 January 27 minutes ago, Finnegan said: Blaming Seagrave for our problems is just brain dead sheep talk. People parroting mouth breathers on Facebook. Such a weird fixation. The club underwent two significant changes in the years following the title win: first, Khun Vichai tragically lost his life in the helicopter crash and control of the club passed onto Top; and second, the men's team switched from Belvoir Drive to Seagrave. I suspect many of those who blame our decline on the latter do so because they are deeply reluctant to blame it on the former. Social media is full of Leicester fans who still absolutely won't hear a word against Top or the King Power group because of the title win. They do not seem to understand that without Khun Vichai, King Power is a a million miles away from the company it was when he was alive. 1
Globalfox Posted 9 January Posted 9 January 2 hours ago, ClaphamFox said: I was curious so I checked. Everton's first PSR hearing was held between 16-20 October 2023 and their initial 10-point deduction was handed out on 17 November—exactly four weeks after the hearing concluded. Everton's second PSR hearing was held between 25-27 March 2024 and their punishment was announced on 8 April, around two weeks later. Forest's hearing was held between 7-8 March 2024 and their four-point deduction was announced on 18 March, 10 days later. Our hearing concluded seven weeks ago and we still haven't heard the outcome. Now obviously we've had Christmas and New Year during that time, which may account for some of the delay. But I don't think it can account for all of it. Is our case proving to be more complicated than the others? Are there complex legal discussions taking place over the wording of the rules and therefore the appropriate punishment? I have no idea but I'm interested to know why the verdict in our case is taking much longer to arrive than in previous cases. There are a number of critical differences 1) both Everton and Forest pleaded guilty to the charges so the hearing was only hearing mitigation evidence 2) both of the referenced hearings were before Leicester City had claimed rules were wrong and had commissions twice agree 3) Leicester have always pleaded not guilty and robustly defended charges winning twice 4) the referenced cases were before Man City and the vast resources being consumed to fight that battle. Man City alone is 90000+ pages of evidence. The EPL and the EFL staff are incompetent consuming vast time on arguments over points of contract and legal vulnerability and poor record keeping. Hence it’s slow. 2
Popular Post Chelmofox Posted 9 January Popular Post Posted 9 January 2 minutes ago, Globalfox said: There are a number of critical differences 1) both Everton and Forest pleaded guilty to the charges so the hearing was only hearing mitigation evidence 2) both of the referenced hearings were before Leicester City had claimed rules were wrong and had commissions twice agree 3) Leicester have always pleaded not guilty and robustly defended charges winning twice 4) the referenced cases were before Man City and the vast resources being consumed to fight that battle. Man City alone is 90000+ pages of evidence. The EPL and the EFL staff are incompetent consuming vast time on arguments over points of contract and legal vulnerability and poor record keeping. Hence it’s slow. Surely its cheaper for the EPL/PL just to dump the whole thing, give Forest / Everton their points back (and additional prize money they lost) and just let the teams regulate themselves. PSR hasnt stopped Sheffield Wednesday going into administration, and Man City aren't going to get any penalties as they will throw all the money they have defending their position, racking up additional costs for the PL. 6
Pliskin Posted 9 January Posted 9 January 56 minutes ago, Finnegan said: Blaming Seagrave for our problems is just brain dead sheep talk. People parroting mouth breathers on Facebook. Such a weird fixation. There are just some who will never be able to bring themselves to criticise Top, it will always be something else Seagrave, Rodgers, the EPL the EFL, Wellen’s, climate change or aliens…… but never will they dream of saying that Top is rubbish at his job. 1
Claudio Fannieri Posted 9 January Posted 9 January 3 minutes ago, Pliskin said: There are just some who will never be able to bring themselves to criticise Top, it will always be something else Seagrave, Rodgers, the EPL the EFL, Wellen’s, climate change or aliens…… but never will they dream of saying that Top is rubbish at his job. The points I raised about Seagrave wasn’t to blame for our current woes but the investment in this project and subsequent dogshit decision making has massively contributed to our demise and potential financial meltdown.
Ric Flair Posted 9 January Posted 9 January 2 hours ago, Babylon said: When we WON our cases last time, it took a long time for the results to be published. eg. EFL statement came about result on the 6th Marc 2024. The panel looking at it told the EFL about their decision on the 16th January 2024. Then even directed the league to make the statement decision public on or as soon as practical after the 2nd Feb (They waited another month). The club the league and the panel had all agreed to keep the decision quiet until the closure of the transfer window. "The Panel directs at the joint request of the parties that, until closure of the January transfer window on 1 February 2024, the fact and content of this Decision shall remain confidential between the parties and their legal advisors and shall not, without the prior written consent of the Panel, be disclosed to any third parties. 67. The Panel directs that on, or as soon as practicable after, 2 February 2024, the EFL shall publish this Decision on its website." There was backwards and forwards with difference evidence for about a month, with a final oral hearing on the 11th January 2024 in that case. It could very well be that we've once again won our case and thus, we are just awaiting the release of the details. If a points deduction HAD been decided on, I'd presume for the benefit of other clubs, they'd have to release that instantly. There could of course be other reasons, we are still submitting evidence, we've found other loop holes. Who knows... Does allude to perhaps it's not clear cut and they will need to action certain things (PL/EFL) in order for this to stand up. Hahahahaa
ClaphamFox Posted 9 January Posted 9 January (edited) 44 minutes ago, Globalfox said: There are a number of critical differences 1) both Everton and Forest pleaded guilty to the charges so the hearing was only hearing mitigation evidence 2) both of the referenced hearings were before Leicester City had claimed rules were wrong and had commissions twice agree 3) Leicester have always pleaded not guilty and robustly defended charges winning twice 4) the referenced cases were before Man City and the vast resources being consumed to fight that battle. Man City alone is 90000+ pages of evidence. The EPL and the EFL staff are incompetent consuming vast time on arguments over points of contract and legal vulnerability and poor record keeping. Hence it’s slow. I suspect another factor is the fact that this is the first time a case like this is being held across jurisdictions (ie, we were charged by the PL but are currently in the EFL). As our case will set the precedent for future cross-jurisdiction cases, the independent commission will likely want to make its judgment as detailed and watertight as possible (especially given our propensity to robustly appeal judgments we don't like), which will add time. The commission will want to avoid a punishment that can be easily challenged and overturned, which will embarrass the system and create more issues. I'm leaning towards the view that the commission will uphold that we've breached but be very cautious with the punishment, but maybe that's just wishful thinking on my part... Edited 9 January by ClaphamFox 2
slymunn Posted 9 January Posted 9 January 1 hour ago, Finnegan said: Blaming Seagrave for our problems is just brain dead sheep talk. People parroting mouth breathers on Facebook. Such a weird fixation. Its like when a new house is built near you and you get the people with the 'Where are the schools, doctors and hospitals' line.
Finnegan Posted 9 January Posted 9 January 26 minutes ago, Pliskin said: There are just some who will never be able to bring themselves to criticise Top, it will always be something else Seagrave, Rodgers, the EPL the EFL, Wellen’s, climate change or aliens…… but never will they dream of saying that Top is rubbish at his job. Tbh usually when I see people blaming Seagrave it is people blaming the owners. They use it as an example of bad decision making by the club. Whereas, personally, I think it's one of the best things they've done. 3
Muzzy_no7 Posted 9 January Posted 9 January 4 minutes ago, Finnegan said: Tbh usually when I see people blaming Seagrave it is people blaming the owners. They use it as an example of bad decision making by the club. Whereas, personally, I think it's one of the best things they've done. Seagrave is magnificent and indeed was a great move but it should’ve come after the Stadium and surrounding area being sorted. Belvoir drive was and still is very much OK.
AKCJ Posted 9 January Posted 9 January 13 minutes ago, Finnegan said: Tbh usually when I see people blaming Seagrave it is people blaming the owners. They use it as an example of bad decision making by the club. Whereas, personally, I think it's one of the best things they've done. I think that a lot of people genuinely think that we're in a mess with finances because we spent loads on a training ground. But the fact is it cost roughly one Harry Maguire to build and FFP isn't affected by infrastructure spend. 1
AKCJ Posted 9 January Posted 9 January 9 minutes ago, Muzzy_no7 said: Seagrave is magnificent and indeed was a great move but it should’ve come after the Stadium and surrounding area being sorted. Belvoir drive was and still is very much OK. I disagree. Seagrave makes us a much bigger club than 8k extra seats would. 2
Muzzy_no7 Posted 9 January Posted 9 January 2 minutes ago, AKCJ said: I disagree. Seagrave makes us a much bigger club than 8k extra seats would. We’ve missed the boat on expanding and capitalising on solidifying our bigger fanbase. We wouldn’t of missed any boats delaying the new training ground by 5-7 years
AKCJ Posted 9 January Posted 9 January 2 minutes ago, Muzzy_no7 said: We’ve missed the boat on expanding and capitalising on solidifying our bigger fanbase. We wouldn’t of missed any boats delaying the new training ground by 5-7 years We'd get 32k every week the day we look like a proper team again with another 15k waiting for tickets. The same as before.
K789 Posted 9 January Posted 9 January Just seen the Brighton numbers. Football is a hard business financially 1
filbertway Posted 9 January Posted 9 January 12 minutes ago, K789 said: Just seen the Brighton numbers. Football is a hard business financially That'll be measured up with the £80m profit they made the preceeding 2 seasons and the £65m they've made this year. Their outlay has also been on 18-23 year olds who will develop and either be first team players or sold on for profit. It works in cycles really. Sign, develop, sell. Sign, develop sell. At some point you have to make your investment and clearly that was in the 24/25 season. They'll reap the rewards again over the next couple of seasons I imagine. 1
AKCJ Posted 9 January Posted 9 January 11 minutes ago, filbertway said: That'll be measured up with the £80m profit they made the preceeding 2 seasons and the £65m they've made this year. Their outlay has also been on 18-23 year olds who will develop and either be first team players or sold on for profit. It works in cycles really. Sign, develop, sell. Sign, develop sell. At some point you have to make your investment and clearly that was in the 24/25 season. They'll reap the rewards again over the next couple of seasons I imagine. I had no idea that they paid that much for Rutter or that he was that young. I thought he was like mid to late 20s.
Sky Blues Posted 9 January Posted 9 January 2 hours ago, Fox92 said: Being in the top flight is what it's about. Filled grounds, full away ends and you get to see the greatest players in the flesh. A whole generation of your fanbase hasn't even seen you at that level before. Trying to stay there seems to be working fine for Sunderland and Leeds. Don't let people tell you that you'll be bottom with 0 points this time next year. Our ground is full these days apart from when the away end doesn't sell out, but as we've reduced the size of the away end it shouldn't be too frequent we lose out here from now. Many of our supporters won't be able to cope if we go up. The world nearly ended when Ipswich recently did the double over us recently. They're struggling to cope with 3 defeats in the 1st 26 games. What would they be like losing 3 in a week and none are close 🤣 We would give it a go. Lampard only knows attack 🤯
Claudio Fannieri Posted 9 January Posted 9 January 46 minutes ago, AKCJ said: I think that a lot of people genuinely think that we're in a mess with finances because we spent loads on a training ground. But the fact is it cost roughly one Harry Maguire to build and FFP isn't affected by infrastructure spend. Whilst infrastructure build is excluded from FFP/PSR it does still cost real money to build and maintain. This is the issue some times you could as a club be compliant on PSR which is effectively frigging numbers on a spreadsheet but have your business/club in a critical position because you have insufficient cash reserves to service day to day costs. I don’t think the training ground was a waste of money, it’s a fabulous facility however I would question whether we were really in a position as a club to be able to justify and support such a piece of infrastructure. I think it became a vanity project, which could end up being a financial millstone around our neck. In the same way if we were to have expanded our stadium to over 40k capacity and then went on the journey we are on now, we would be in a similar position, as we would have burnt through large amounts of cash to fund and maintain the development but then be in a position where we couldn’t maximise it’s potential because we have dropped off so far. In short our decision making on football aspects has meant we have hamstrung ourselves massively, we had champagne aspirations infrastructure wise and wages wise but back it up with lemonade and flat lemonade at that decision making. The result has been a disastrous on field decline and a club in near financial meltdown.
Claudio Fannieri Posted 9 January Posted 9 January 45 minutes ago, K789 said: Just seen the Brighton numbers. Football is a hard business financially Interesting they are operating at 68% wage to revenue ratio, in 23/24 we were still operating at over 100% 1
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