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Stadt

If Top *did* sell - who do you think might buy the club?

By Stadt, in Leicester City Forum

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Stadt

Stadt

Posted
Posted

Top said he has no plans to sell the club but he also didn't foresee relegation in 22/23, so he certainly won't see League 1 relegation coming either. We can't take him at his word.

 

Who can you foresee being interested in taking over? US owners make up the bulk of contemporary club sales atm (Chelsea, Bournemouth, West Brom, Wrexham etc). Multi-club ownership is becoming more popular too.

 

One name that stood out, in a literal sense to me was Vicent Volpe, owns Le Havre and his last name is Italian for fox - that's the sort of tenuous link that triggers interest sometimes.

 

RedBird Capital are another perhaps, they bought Toulouse on the back of them being potentially a much larger club underutilised. They've been largely quite successful getting them promoted, winning a cup and regular top 10 finishes. Small matter of owning AC Milan too.

 

Unfortunately Textor seems to hang around like a bad smell too.

 

Then there is alway the possibility it isn't an American at all. Ashley was liked with Wednesday or maybe somebody local.

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Langston

Langston

Posted
Posted

Tricky one.. Long wondered why Qatar didn't buy an English club pre-2022 but the window for that has passed I think..

 

Preston are looking for investment and have had the usual North American interest, and they've openly stated interest from a Saudi-born, US-based billionaire involved in engineering..

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TiffToff88

TiffToff88

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Posted
9 minutes ago, whoareyaaa said:

Elon Musk

I'd rather have top take us into the national league than have Musk anywhere near the club!

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filbertway

filbertway

Posted
Posted
11 minutes ago, MonarchFox said:

Literally no one while this shitty PSR rule is in place

I can't imagine we'd be spending a lot regardless of PSR or not. It certainly wouldn't be a clever move to run up more debt against the club.

 

Contrary to the belief of some on here, running a football club at regular big losses isn't actually good for the club.

Bourbon Fox

Bourbon Fox

Posted
Posted

You can't invest in us to get us promoted quickly without breaching PSR.

 

We're a couple of years away from having a sustainable wage structure in the Championship.

 

We have a ton of legal issues pending that may worsen our position and instantly decrease our valuation.

 

We look like we may potentially go down before we go up.

 

A better title for the thread would be 'who in their right mind would buy the club?'

 

Don't think it will happen until we are either in the Premier League with a steady ship or a genuine rescue prospect, stripped of assets and leagues below where we could be.

 

 

 

 

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TiffToff88

TiffToff88

Posted
Posted
4 minutes ago, brookfox said:

The way the world is heading probably Trump. For reasons of national security.

Perhaps he would if we were currently owned by a Danish billionaire lol

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MonarchFox

MonarchFox

Posted
Posted
18 minutes ago, filbertway said:

I can't imagine we'd be spending a lot regardless of PSR or not. It certainly wouldn't be a clever move to run up more debt against the club.

 

Contrary to the belief of some on here, running a football club at regular big losses isn't actually good for the club.

I'm not suggesting they do.  But the PSR rule is flawed and unfair to other clubs so why invest in a model where you can't realistically challenge.  If you've enough money to buy a club you are successful enough to have an ego and want to be challenging the big boys.  No ones buying Leicester because they are a life long fan.

 

There needs to be a system (some kind of bond) where the owner puts that money down and then can do what he wishes with it.  The debt is then his and not the clubs

 

 

Tommy G

Tommy G

Posted
Posted (edited)

I think people are overlooking the view that King Power might be struggle to continue as a going concern, if so the club would become pretty cheap quite quickly. 

 

As for preference it will just be the highest bidder - I work for private equity and can't see a PE touching it unless it's cheap and the will need a good turn on their investment so that rules them out and even more so with the PSR rules. 

 

Genuinely not sure, we are in a unique position 

Edited by Tommy G
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Stadt

Stadt

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Posted (edited)

We have some immutably good features.

 

32k stadium in reasonable condition, permission secured

State of the art training ground 

Another training ground we could sell (there is a covenant sure, but we're well versed in legal matters now)

More name recognition than 98+ % of English clubs

Productive academy 

Large one club city/county with a big catchment area

Decent sized fanbase 

An hour from London on the train

 

 

Debt, PSR, deductions etc are temporary issues. A canny owner would turn this around fairly quickly. We have an owner that is dumb and not bothered and his dumb sidekick should have been booted years ago.

Edited by Stadt
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TiffToff88

TiffToff88

Posted
Posted
2 minutes ago, whoareyaaa said:

I wouldn't but each to there own

I think having morals is more important than which division a football team is in, but each to their own. 

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Finnegan

Finnegan

Posted
Posted (edited)

Two likely options imo. 

 

Either he sells it to a friendly (to him, that is) company / family in Thailand or it just goes to the most likely bidders which will be an American hedge fund who'll just milk us dry and invest very little. 

 

Edited by Finnegan
whoareyaaa

whoareyaaa

Posted
Posted
1 hour ago, TiffToff88 said:

I think having morals is more important than which division a football team is in, but each to their own. 

That's just your opinion on him but each to their own.

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