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Posted

To be honest i just want them to employ a couple of decent board members and a new thought out manager with a long term plan and backing. They have invested 100 of millions into this club and I doubt that anyone will else will do this,

Trouble is getting the right people in seems to be a real problem for them and the signings on the whole have been dreadful.

Cant see what good a march will do, but everyone has the right to voice their opinions.

Be glad to see the back of all of these players and if someone wants to buy us then all well and good, but does anyone really think someone is out there thinking I want to invest 100s of millions into LCFC?

 

Posted
48 minutes ago, Paninistickers said:

There is going to come a point very very soon where we haven't enough money to run the club.

 

Unlss we raise 35m+ in transfer dealings this summer, the clues indicate that the business is insolvent imo.

 

Players wages, HMRC, mowing the pitches, paying the commercial staff, heating the restaurants, paying the leccy bill. All the normal basics of a business won't function without cash. 

 

Which means KP will have the choice to 

 

1. Dissolve the club. Close the whole thing down. 

2. Place it into adminstration - and it gets sold for them

3. Seek outside finance 

 

Judging by the amount of guests the club is schmoozing in the directors box each week, 3 isnt going to happen 

 

And if it is 1 or 2, a new buyer will get the club for next to nothing if it can pay for the day to day running - say 100m over 2-3 years. US VC Private Equity would be queuing up to buy finance it, even if noone else is. 

So we know circa £20m of the £35m will come from the BEK obligation to buy, so means selling one other player ?

 

That will happen, so no financial meltdown 

Posted
3 hours ago, Mickyblueeyes said:

IMG_0748.thumb.jpeg.98f2912af645d0febf3ab35a11027627.jpeg

 

Holy ****ing shit. I’m never going on Facebook again.

That is unbelievable.

 

We've only ever been in the third tier for one season in our existence.

 

We should never be too big for our boots to think we could never be in that division again.

 

But we should absolutely be scathing of any set of owners, management/coaching team and players who take us back there or have us on the verge of doing so.

 

Last time there was an element of fatalism and a feeling of as we're down here we might as well enjoy it. But we should not be happy about the prospect of returning by any means.

  • Like 4
Posted

League One home matches were nothing special. Regular 16-18k crowds is not what this ground was built for. The away matches were enjoyable but, and this point is crucial, it was meant to be a one-off.

 

It was no hardship because an intelligent, proper manager was installed to sort the place out (before the best owners ever saved us, of course, and set about ruining that work by preferring ill-fitting celebrity managers). As usual, these KP worshippers believe it will be exactly the same experience because the club has existed forever in one phase 

  • Like 2
Posted
3 hours ago, Stadt said:

 

“Who will buy us!!!”

 

It’s a valid question, what do people genuinely actually think the club is currently worth? Ipswich had a 2025 deal done that valued them at around £350 million 

Top clearly don’t want to sell so how many people in the world could actually afford to buy the club let alone have a interest in owning a football club 

Posted
20 minutes ago, Claridge said:

To be honest i just want them to employ a couple of decent board members and a new thought out manager with a long term plan and backing. They have invested 100 of millions into this club and I doubt that anyone will else will do this,

Trouble is getting the right people in seems to be a real problem for them and the signings on the whole have been dreadful.

Cant see what good a march will do, but everyone has the right to voice their opinions.

Be glad to see the back of all of these players and if someone wants to buy us then all well and good, but does anyone really think someone is out there thinking I want to invest 100s of millions into LCFC?

 

They've invested hundreds of millions because they’re forced to due to bad signings, high wagebill and continuous bad decisions. 
 

 

I can’t believe people still put forward the argument of ‘if we just hired someone who knew about football’ that time has been and gone, Top needs to go. 

  • Like 1
Posted
1 minute ago, jammie82uk said:

It’s a valid question, what do people genuinely actually think the club is currently worth? Ipswich had a 2025 deal done that valued them at around £350 million 

Top clearly don’t want to sell so how many people in the world could actually afford to buy the club let alone have a interest in owning a football club 

Americans is usually the answer. Pretty soon Top will have the choice, sell whilst he can or the club goes into administration - given he’s never on the ball the admin path is more likely.

 

KP’s situation isn’t great back home and the club are losing money hand over fist, you’d think the family might be having words soon 

  • Like 1
Posted
7 minutes ago, Leicester_Loyal said:

They've invested hundreds of millions because they’re forced to due to bad signings, high wagebill and continuous bad decisions. 
 

 

I can’t believe people still put forward the argument of ‘if we just hired someone who knew about football’ that time has been and gone, Top needs to go. 

Go where? who is buying us, unless he gives us away, we owe millions, don't get me wrong if anyone wants us then good, but its just not realistic

  • Like 1
Posted
6 minutes ago, Claridge said:

Go where? who is buying us, unless he gives us away, we owe millions, don't get me wrong if anyone wants us then good, but its just not realistic

Every club has a buyer, has there ever been a football club that hasn’t found one?

 

The response now will be ‘be careful what you wish for, they might not invest etc’ Under this owner, the club is going to go into administration in the next few years. 
 

And if he doesn’t want to sell, fine, then we’ll into administration and he’ll be forced to sell, losing a lot more money in the process. 
 

Either way the future of this football club is no longer the current ownership. 

  • Like 3
Posted
57 minutes ago, BenTheFox said:

"Gave his life for this football club" is genuinely offensive. He died in a tragic helicopter crash outside the stadium. He boarded that helicopter thinking it was completely safe to do so, when devastingly it turned out not to be.

 

He didn't go to war and fight for the club. 

I never understood why so many people seemed to enjoy the helicopter landing on the pitch before the crash. Let's face it, if it was an owner/chairman that nobody likes like the Glazers, Boehly or Chansiri doing it, it would be seen as an out of touch billionaire showing off when they could just get driven to the nearest airport.

 

It was a tragic accident that should never have happened and nobody saw coming, and it could have just as easily happened taking off from Leicester Airport of course, but I never liked it.

  • Like 1
Posted
8 minutes ago, Leicester_Loyal said:

Every club has a buyer, has there ever been a football club that hasn’t found one?

 

The response now will be ‘be careful what you wish for, they might not invest etc’ Under this owner, the club is going to go into administration in the next few years. 
 

And if he doesn’t want to sell, fine, then we’ll into administration and he’ll be forced to sell, losing a lot more money in the process. 
 

Either way the future of this football club is no longer the current ownership. 

Lot of ifs there, not sure what the answer is, but at the moment I just don't see who would buy us. Have to be mad

 

Posted
43 minutes ago, NextPlease said:

So we know circa £20m of the £35m will come from the BEK obligation to buy, so means selling one other player ?

 

That will happen, so no financial meltdown 

Quite short term thinking though isnt it?

 

No guarantee we bounce straight back up, no guarantee we are able to shift on some high earners that will continue to cripple us, no guarantee we will be able to meet League ones financial regulations.

 

Will that mean we face further points deductions making it even harder to recover? 

 

The training ground will still need to be financed. No one is buying that off us...

 

It's very short sighted to think one single player sale will save us from financial doom when all the signs currently point in that direction. 

Posted
1 hour ago, Taz_The_Fox said:

Were they though? None of those clubs have the massive wage bill we now do. None of those clubs have the running cost of a massive training facility that we do. We will cost a lot more than any of those clubs and the initial outlay will be much bigger than which it took to turn those clubs around. 

Yes… we actually have some assets that can be sold and at the moment, aren’t having money drained out of us by Top. He’s incapable but not malicious. The training ground was already bought and paid for by KP, the running costs are also taken up by KP. If we went into administration the cost wouldn’t matter. 

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

 

People behind this are the reason we must protest loud at (at least) every home game. In 6 months when Rudkin is still here and no outside investor, and we are sat (if we are lucky) mid table in league one, they’ll have no option but to shut up.

Posted
1 hour ago, Claridge said:

To be honest i just want them to employ a couple of decent board members and a new thought out manager with a long term plan and backing. They have invested 100 of millions into this club and I doubt that anyone will else will do this,

Trouble is getting the right people in seems to be a real problem for them and the signings on the whole have been dreadful.

Cant see what good a march will do, but everyone has the right to voice their opinions.

Be glad to see the back of all of these players and if someone wants to buy us then all well and good, but does anyone really think someone is out there thinking I want to invest 100s of millions into LCFC?

 

It’s not about investing millions. What you’re highlighting is good decisions…. Which is something we’re not capable of. 
 

It’s not got anything to do really with significant investment, that’s the stance idiots like Graham off blue tinted specs puts forward, always referring to investment and blaming the PL for not allowing investment blah blah blah. 
 

Competent decisions, and a sound structure at the top of the club would make a huge difference..

 

What is irritating, is Top clearly is out of his depth, couldn’t organise a pencil case, has no intension of removing a significant problem in John Rudkin, but above all he has no idea how to run a football club, or apparently a business either.
 

Marches can make a difference, clubs have managed to force owners out in the past, and if the protest numbers supersede the fans inside the ground, it might be enough for Top to understand he’s no longer welcome here. Apparently he’s a mady little twat anyway, so I’d imagine he will spit his dummy out and make some stupid statement. 

Posted
6 minutes ago, Mickyblueeyes said:

People behind this are the reason we must protest loud at (at least) every home game. In 6 months when Rudkin is still here and no outside investor, and we are sat (if we are lucky) mid table in league one, they’ll have no option but to shut up.

I just think anyone who supports KP and top are just thick. 

  • Like 1
Posted
57 minutes ago, Claridge said:

Go where? who is buying us, unless he gives us away, we owe millions, don't get me wrong if anyone wants us then good, but its just not realistic

Never mind eh? It'll all sort itself out. 

 

To my knowledge, we don't owe millions at all. I think - debt wise - we are in relatively decent nick.

 

The problem is cashflow. We are committed to spending 30m on running costs and 40m on wages each year (at best) and as of this summer, we have no sizeable income other than selling players. 

 

It means a new buyer has to finance the club, not service loans. Private Equity banks do that for a living. 

 

Ofc, KP will never sell, but shortly that option will be out of their hands. 

Posted
3 hours ago, Manwell Pablo said:

 

Ryan Reynolds is nowhere near a billionaire mate lol they are getting towards the ceiling of where he can get them on revenue alone now. I think someone with his net worth would be deeply intimidated by taking a club the size of Leicester on

 

Not to criticise the job he's done there of course he's done wonders there.

Fortune regardless that was a club with significant obstacles which was still bought. I can point out plenty others such as Birmingham for example who had heavy debts and a stadium needing major infrastructure works, they were still attractive enough for someone to buy 

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