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Posted
49 minutes ago, Bluearmyfox28 said:

Continue playing hardball with Palace, this is one thing Rudkin actually manages to do well. They’ll eventually cough up the money, and they’re banking half of the Eze money after paying for Bilal. 
 

£32m for Bilal would take our total amount raised to £60m for the summer and a book value profit of around £38-£40m

£60m back into the coffers. Not a fortune 

In revenue for a football club.But a tidy chunk for a ailing duty free business. 

Time for KP to claw a bit back £...?

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Posted
1 hour ago, Bluearmyfox28 said:

Who knows it’s a minefield mate. That’s not even including the £400k in wages per week which we’ve cleared by selling/releasing the likes of Vardy, Coady, Ndidi and Ward. That alone totals over £20m a year. 
 

Stating the obvious here but selling Bilal for £32m balances the books and then some. So if there is no further incomings for fee’s then Top is 100% asset stripping the club as far as I’m concerned.

We have intentions of mentioning this possibility in future podcasts bud

 

my co-host has been telling me his thoughts on Top asset stripping for some time now 🙁

Posted
2 hours ago, JimJams said:

What can we spend of that @Bluearmyfox28 ? About £4.25?

Reckon we put it on the Euro millions and a scratch card?

The odds are far more than 5000-1.

 

Let's do it!

Posted

I think palace will move on to another target. Parish isn’t one to crack. I imagine his conversations with Rudkin are like Uncle Colm off Derry Girls…..

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Posted
2 minutes ago, Bluearmyfox28 said:

I firmly believe the future of Leicester City under King Power will be made very clear within the next week.
 

Should we invest some permanent fee’s but nothing crazy then they are most likely attempting to have a reset year for the PSR cycle and remain committed. 

 

Should we get some loans in with an option to buy then they are leaving the door open to stay dependent on promotion. 
 

Should we just get straight loans or no business at all then I firmly expect within the next 6/12 months we will start seeing links with regards to the club being up for sale.

 

Personally this is my thought process with regards to the future of KP.


 

no one will buy us. Top and his family have invested over £400m into the club and he won’t accept a deal that makes him a loss.  Considering the mess we are in, no one is going to pay that for us.

Posted (edited)
11 minutes ago, MPH said:


 

no one will buy us. Top and his family have invested over £400m into the club and he won’t accept a deal that makes him a loss.  Considering the mess we are in, no one is going to pay that for us.

Invested £400m into the club? Am I missing something? 
 

If you are including transfer fee’s in that then we had the model of selling players for huge fee’s such as Maguire, Mahrez, Fofana etc to allow us to reinvest back into the playing squad. 
 

Other than the training ground, purchasing the club and paying off the debt (now created new debt) what else have they invested in?

 

You also can’t expect to recoup every penny that you invested into a club to run it day to day operations. 

Edited by Bluearmyfox28
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Posted
7 minutes ago, ClaphamFox said:

If Top wanted to sell, the club he’d be doing everything he could to the club back in the PL as he’d get a much higher price. A lack of investment does not indicate a planned sale All that’s happening is that the owners are trying to break the cycle of us being perennial PSR breachers because they know we won’t continue to get away with it. That’s all it is. 

I agree with you to a point however another way to mitigate the shortfall of a lower sale price would be to sell a few assets and not reinvest. 
 

however I think currently this is more a case of the club pressing the reset button and almost starting again in a desperate attempt to get control of a business that’s running costs have been allowed to spiral  out of control. 

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Posted
2 minutes ago, Claudio Fannieri said:

I agree with you to a point however another way to mitigate the shortfall of a lower sale price would be to sell a few assets and not reinvest. 
 

however I think currently this is more a case of the club pressing the reset button and almost starting again in a desperate attempt to get control of a business that’s running costs have been allowed to spiral  out of control. 

Yet the people who caused that are still on the board and/or still working for the club. It's ridiculous. 

 

But how much of a reset can we take without affecting the quality. The biggest sign for me will be the sale of Bilal and no one coming in. 

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Posted
1 minute ago, fox_favourite said:

Yet the people who caused that are still on the board and/or still working for the club. It's ridiculous. 

 

But how much of a reset can we take without affecting the quality. The biggest sign for me will be the sale of Bilal and no one coming in. 

They gambled, with the full knowledge and support of the owners.  They lost.  They now need to agree and execute a plan to recover.

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Posted
9 minutes ago, ClaphamFox said:

Bilal hasn’t been sold yet and the transfer window doesn’t shut for another nine days, so the ‘big sign’ you refer to is something you’ve just made up. I get that things are grim and the club’s appalling communication strategy is making things worse, but the way some of our fans are completely losing their heads over what has so far been an entirely predictable and fairly modest cost/squad-cutting exercise is quite something to behold. 

The reality is that all LCFC fans know it is beneficial to cut the squad to improve our financial situation and PSR, unfortunately the squad is being cut with the players we would rather stay and not the ones we don’t want.

 

But that is the reality of it in a nutshell. If we want the player then more than likely other teams do to and if we don’t want the player then he probably isn’t being courted by others for a range of reasons but, my guess would be he isn’t good enough for the clubs that could match his wages.

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Posted
28 minutes ago, ClaphamFox said:

Bilal hasn’t been sold yet and the transfer window doesn’t shut for another nine days, so the ‘big sign’ you refer to is something you’ve just made up. I get that things are grim and the club’s appalling communication strategy is making things worse, but the way some of our fans are completely losing their heads over what has so far been an entirely predictable and fairly modest cost/squad-cutting exercise is quite something to behold. 

I think you may have misunderstood. Im not expecting a replacement right away, but with the money we have raised (not just Bilal alone), I would expect someone coming in, even a loan or a free transfer. But to sell all our players with a book value that people will pay and not replacing them, while also keeping the squad competitive will be very hard. We need a fresh face with enthusiasm to play for the club. 

 

You're right we do need a reset, but there are ways to do it. 

 

I would expect someone to come in before deadline, but I'm not expecting us to splash the cash, as like you say we need to start complying with PSR. 

Posted
8 hours ago, MPH said:


 

no one will buy us. Top and his family have invested over £400m into the club and he won’t accept a deal that makes him a loss.  Considering the mess we are in, no one is going to pay that for us.

This idea does need to be parked…. Clubbing worse states than us have been purchased before. 
 

Regardless of what state we’re in, it would be small fry for someone with the financial clouds of half of what the Newcastle owners have. I don’t think we’re up for sale, but if we were we would have plenty of interested parties.

Posted
5 minutes ago, Pliskin said:

This idea does need to be parked…. Clubbing worse states than us have been purchased before. 
 

Regardless of what state we’re in, it would be small fry for someone with the financial clouds of half of what the Newcastle owners have. I don’t think we’re up for sale, but if we were we would have plenty of interested parties.

You’ve got to wonder what state we are really in though.

 

Have other clubs that are losing £90m a year while receiving parachute payments and have much more in loans to a bank been sold? I know the loses last year were lower but that’s because we could sell a couple of players.

 

The points deductions for this year and next are baked in(probably for next) regardless of what anyone else does which makes the likelihood of becoming sustainable even less likely.

 

In my opinion, you buy us and you are committing to losing a hell of a lot of money, possibly more than any other club in the 92 in the short and medium term and that will be a huge put off.

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Posted

We’re in a stronger position on this negotiation than many think. We know Palace have just received £60m for Eze and BEK clause has expired. But I think BEK is a difficult one to value tbh, and will be interesting to see what we get for him if we do sell him.

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