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Posted
15 minutes ago, ClaphamFox said:

I reckon only 8-9 of last year's senior squad will be here next season.

Depends which ones though. The likes of Vestergaard, Skipp and Choudhury are all in contract and not shifting them is going to sting us massively unless by some miracle they have League One relegation clauses and significant ones at that.

 

If the £2 million TV revenue figure is true, Choudhury alone is reportedly on 50k a week which is more than we'd earn. Him and Skipp alone would cost us £5.2 million next year in wages and we'd need them to take a 50% pay cut to even entertain being compliant. Even if we both finished top and rode the maximum number of TV appearances, and backed it up with cup run prize money, we're going to struggle to clear £10 million which makes 65% of that (£6.5 million) almost certainly untenable.

 

Basically, King Power are going to have to pull another incredibly dodgy advertising deal out of their arse to cover our wage bill, or we're nailed on for another points deduction. And let's face it, aside from another BC Game scam company, nobody is paying the money we need for the complete lack of exposure that comes with third-tier football.

  • Like 3
Posted
5 minutes ago, OntarioFox said:

Depends which ones though. The likes of Vestergaard, Skipp and Choudhury are all in contract and not shifting them is going to sting us massively unless by some miracle they have League One relegation clauses and significant ones at that.

 

If the £2 million TV revenue figure is true, Choudhury alone is reportedly on 50k a week which is more than we'd earn. Him and Skipp alone would cost us £5.2 million next year in wages and we'd need them to take a 50% pay cut to even entertain being compliant. Even if we both finished top and rode the maximum number of TV appearances, and backed it up with cup run prize money, we're going to struggle to clear £10 million which makes 65% of that (£6.5 million) almost certainly untenable.

 

Basically, King Power are going to have to pull another incredibly dodgy advertising deal out of their arse to cover our wage bill, or we're nailed on for another points deduction. And let's face it, aside from another BC Game scam company, nobody is paying the money we need for the complete lack of exposure that comes with third-tier football.

They all apparently had relegation clauses when we went down to the Championship and have them again for the relegation to League One. We don't know how extensive they are, but I think Winks was on around £40k per week this season and he was probably the highest earner. Hopefully the clauses will cut deep enough to persuade the likes of Vestergaard etc to seek moves elsewhere. I'm not saying the wage bill won't be a problem, but I don't think it will be quite as big a problem as some people believe. We shall see.

  • Like 4
Posted (edited)
On 15/05/2026 at 16:18, ClaphamFox said:

They all apparently had relegation clauses when we went down to the Championship and have them again for the relegation to League One. We don't know how extensive they are, but I think Winks was on around £40k per week this season and he was probably the highest earner. Hopefully the clauses will cut deep enough to persuade the likes of Vestergaard etc to seek moves elsewhere. I'm not saying the wage bill won't be a problem, but I don't think it will be quite as big a problem as some people believe. We shall see.

Thing is, even a 50% cut on 40k is still a 20k salary, which is astronomical for the third tier. Two players on that much would surpass the base level TV deal on their own. TWO. We can't afford to have even one player on more than 10k in my opinion, and they would have to be a talisman to justify it. That's how far up shit creek we are financially.

The numbers from matchday revenue are going to become massively more important without TV money. We made £20 million this season just gone, and that's likely to be lower next time around with less demand for hospitality and more general sale tickets. Season tickets are the only guaranteed income and 22k sold would bring in around £11 million.

At the last count our wage bill was supposedly around £45 million per season. The majority of that is condensed into 10-12 high earners, some of which will be off the books (Ricardo, Ayew, Daka, Lascelles were all reportedly on £30k or more per week and Lascelles is the only one we're likely to even consider extending). But there are plenty left who are still in contract.

 

So yeah, a fire sale of the likes of Choudhury, Vestergaard, Skipp, Souttar, Fatawu, Winks, Faes - ideally with some hefty transfer fees for one or two - is the only way we're complying with the rules in League One - which have tightened overnight with the recent vote. Loans with wage cover or an obligation will not be enough. As it is we likely need to halve our wage bill to have any hope in hell of meeting the 65% cap and avoiding sanctions. Personally, I can't see a situation where we don't end up with some sort of fresh points deduction or transfer embargo being imposed on us, if not next season then the one after if we don't go straight back up.

Edit - re: Fatawu, he's reportedly not one of our high earners, but I've included him as despite how shit he's been for the past six months, he's still one of the only members of this sorry lot who we could possibly get a sizeable transfer fee for.

Edited by OntarioFox
  • Like 1
Posted
34 minutes ago, OntarioFox said:

Thing is, even a 50% cut on 40k is still a 20k salary, which is astronomical for the third tier. Two players on that much would surpass the base level TV deal on their own. TWO. We can't afford to have even one player on more than 10k in my opinion, and they would have to be a talisman to justify it. That's how far up shit creek we are financially.

The numbers from matchday revenue are going to become massively more important without TV money. We made £20 million this season just gone, and that's likely to be lower next time around with less demand for hospitality and more general sale tickets. Season tickets are the only guaranteed income and 22k sold would bring in around £11 million.

At the last count our wage bill was supposedly around £45 million per season. The majority of that is condensed into 10-12 high earners, some of which will be off the books (Ricardo, Ayew, Daka, Lascelles were all reportedly on £30k or more per week and Lascelles is the only one we're likely to even consider extending). But there are plenty left who are still in contract.

 

So yeah, a fire sale of the likes of Choudhury, Vestergaard, Skipp, Souttar, Fatawu, Winks, Faes - ideally with some hefty transfer fees for one or two - is the only way we're complying with the rules in League One - which have tightened overnight with the recent vote. Loans with wage cover or an obligation will not be enough. As it is we likely need to halve our wage bill to have any hope in hell of meeting the 65% cap and avoiding sanctions. Personally, I can't see a situation where we don't end up with some sort of fresh points deduction or transfer embargo being imposed on us, if not next season then the one after if we don't go straight back up.

Edit - re: Fatawu, he's reportedly not one of our high earners, but I've included him as despite how shit he's been for the past six months, he's still one of the only members of this sorry lot who we could possibly get a sizeable transfer fee for.

I think we should just focus on getting money in to keep up with running costs and then if we get sanctions, we get sanctions.

 

Id rather us spend a bit and feel like a club going in the right direction for the players rather than the stagnation under Marti with a looming deduction. You're basically better off going what Forest did in the Premier League and having a stronger team alongside a deduction. Not signing anyone and letting everyone know we weren't going to be any better was the start of the rot for us as a club. 

  • Like 1
Posted (edited)
6 hours ago, Gamble92 said:

I think we should just focus on getting money in to keep up with running costs and then if we get sanctions, we get sanctions.

 

Id rather us spend a bit and feel like a club going in the right direction for the players rather than the stagnation under Marti with a looming deduction. You're basically better off going what Forest did in the Premier League and having a stronger team alongside a deduction. Not signing anyone and letting everyone know we weren't going to be any better was the start of the rot for us as a club. 

Yeah, that's absolutely right. Forest's transfer policy after promotion was to throw as much shit at the wall as possible and see what stuck. Annoyingly it worked.

Then again, we've had countless managers now who have point-blank refused to use the best resources at our disposal, right back to Rodgers' personal hatred of Soyuncu and insisting on using Amartey instead. We could have had 50 senior players and the likes of Cooper, RVN, Cifuentes and Rowett would all still have stuck with a core bunch of 15 chancers and the odd tweak here and there.

 

I think I'm more worried about the off-the-field stuff than the playing squad - really, at this point even if we're forced to throw the kids in next year (as we all wanted to see far more of this season), it can't be any worse than our worst 2nd tier points tally in 142 years. But there is the small voice in the back of my head telling me that if we don't go up at the first time of asking, and those parachute payments run out, the cashflow issues are going to be huge even if our wage bill is slashed. It will dwarf what Derby went through, and there was a very real risk of them going the way of Bury and Macclesfield at one point.

Edited by OntarioFox
  • Like 1
Posted

I keep thinking it. Get a documentary team in, make it completely different to the others. "Mad Leicester City" or "Crazy Leicester City". Highlighting the fact how much has happened in 10 years. Track academy players coming into first team, make it all about that crazy unpredictable approach that (let's face it) these owners have done. 

 

We could make good money to fund players off something like this. Its adapt or die now. Even if we do shit, it would make for good viewing. Especially off the back of the netflix doc. 

Posted

Whenever I do a particularly stinky shit and as I’m flushing, I say to myself “that’s buried a lot of demons for Anthony Knockaert”. (If you know you know)

 

No relation to this thread, but just thought I’d share. Think Anthony would be interested?

Posted

 

Depending on the result this afternoon, we could be minnows compared to Lincoln City and Stockport County next season.

 

It stings.

 

 

 

Posted (edited)

The fixtures are released a month today. 

Edited by Sly
Posted
6 hours ago, Alan Frost said:

Surely someone ,probably this website , can define who is to blame, Name them and the club should rid them selves of him,her or them .

It's..... Rebekah Vardy

Posted
6 hours ago, Alan Frost said:

Long time no post. I SEE that West Ham are blaming Sullivan, WE apparently don't know who is to blame for the colossal mismanagement of the club. 

Surely someone ,probably this website , can define who is to blame, Name them and the club should rid them selves of him,her or them . Rogers imo is partly to blame but he's gone  and  it must be deeper than the football manager. and still we fall.

 

I never rated this site a lot but surely collectively you care. It probably needs an organised "SORT LCFC" unstoppable ground swell.MY opinion is someone has taken a lot of money in salary for being a management which must be approaching the worst of any organisation in the UK which is saying a lot. 

Alan Frost

Good to see you posting again, I have to admit, I was worried that you had given up the ghost. 

Posted
1 minute ago, Edingleyfox said:

Watching Notts they will give us a thrashing. No strikers no 8 or 10 and no plans apart from making do

They’ll tear through our defense like wet tissue paper

  • Like 1

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