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Happy Fox

Potential Takeover?

By Happy Fox, in Leicester City Forum

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st albans fox

st albans fox

Posted
Posted
2 hours ago, davieG said:

Is the stadium worth anything other than as a stadium. Didn't the FT get some sort of use clause in it.

no idea

But money usually talks 

could build a nice retail park on that site and some blocks of apartments overlooking the river  
 

1 hour ago, Sly said:

No local consortium is buying us.

 

Even if Leicestershires richest families purchased us, we wouldn’t be anywhere near the wealth the required to run a top tier football club.

 

 

I have news …..

  • Haha 1
davieG

davieG

Posted
Posted
2 minutes ago, st albans fox said:

no idea

But money usually talks 

could build a nice retail park on that site and some blocks of apartments overlooking the river  
 

I have news …..

The stadium is listed by the Leicester City Council as an Asset of Community Value (ACV). [1]
This listing introduces the following safeguards:
  • Notification & Moratorium: If the owners intend to sell, they are legally required to notify the council. This triggers a six-week window for eligible community groups (like the Foxes Trust) to express an interest in bidding.
  • Time to Compile a Bid: If an interest is lodged, a full six-month "pause" is activated on the sale, giving the community time to raise funds and prepare a rival bid to buy the site.
  • Asset Protection: The ACV status is designed to protect the stadium’s use as a venue for Leicester City Football Club and preserve it as a site for local community and social benefits. [1]
Additionally, new financial and asset regulations implemented by the Premier League have introduced rules to prevent clubs from circumventing spending regulations by selling tangible assets—like stadiums—to themselves or related parties to artificially inflate their profit margins. [1, 2, 3, 4]
For more details on how these rules function locally, you can refer to the full Foxes Trust ACV Announcement. [1]
  • Like 1
davieG

davieG

Posted
Posted

Merc

 

Leicester City investment talks as consortium targets £100m training ground and stadium

Story by James Pallatt
 •

 

Leicester City are said to be in investment talks that could see the club sell the King Power Stadium and £100m training ground.

A local consortium with strong property links has made an investment bid, according to The Sun’s Alan Nixon.

The group is understood to want to buy both the club’s stadium and training ground and potentially a bigger share in the club in the future, with talks said to be at an early stage.


The Foxes are facing a new financial reality following a second relegation in two seasons.

The club has plummeted from the Premier League to League One.

When City’s relegation from the Championship to League One was confirmed last month, chairman Aiyawatt ‘Top’ Srivaddhanaprabha said he “will try” to keep investing into the club.

Speaking to supporters, Top said: “I did stay here 15 years and I put in a lot of money.” When asked if that will continue, he replied: “I will try.”

City have made more than £270m in losses over the past four years of accounts and so there is concern over how the club may cope with the drastic fall in revenue that comes with being in the third tier.

Top has put money into the club, but City have also used Australian bank Macquarie to take out loans to aid cash flow.

 

Speaking back in January, Top also made clear his stance on selling the club.

“Selling the club is not the way to exit,” he said. “I have to make sure that I complete everything that I did here before I want to leave. Now I need to make sure the club is in a good place.

“If some prince comes in, maybe yes, and the club can be like Man City for example! But I am sure that is a long, long way to go. I still love it here, I want to make sure the club is successful again.”

VLC86

VLC86

Posted
Posted
48 minutes ago, coolhandfox said:

Just because it say local consortium, doesn't mean the money is local, wouldn’t be the first time someone is a front for someone else.

 

IMG_0348.jpeg

  • Haha 1
Trav Le Bleu

Trav Le Bleu

Posted
Posted
36 minutes ago, davieG said:

Merc

 

Leicester City investment talks as consortium targets £100m training ground and stadium

Story by James Pallatt
 •

 

Leicester City are said to be in investment talks that could see the club sell the King Power Stadium and £100m training ground.

A local consortium with strong property links has made an investment bid, according to The Sun’s Alan Nixon.

The group is understood to want to buy both the club’s stadium and training ground and potentially a bigger share in the club in the future, with talks said to be at an early stage.


The Foxes are facing a new financial reality following a second relegation in two seasons.

The club has plummeted from the Premier League to League One.

When City’s relegation from the Championship to League One was confirmed last month, chairman Aiyawatt ‘Top’ Srivaddhanaprabha said he “will try” to keep investing into the club.

Speaking to supporters, Top said: “I did stay here 15 years and I put in a lot of money.” When asked if that will continue, he replied: “I will try.”

City have made more than £270m in losses over the past four years of accounts and so there is concern over how the club may cope with the drastic fall in revenue that comes with being in the third tier.

Top has put money into the club, but City have also used Australian bank Macquarie to take out loans to aid cash flow.

 

Speaking back in January, Top also made clear his stance on selling the club.

“Selling the club is not the way to exit,” he said. “I have to make sure that I complete everything that I did here before I want to leave. Now I need to make sure the club is in a good place.

“If some prince comes in, maybe yes, and the club can be like Man City for example! But I am sure that is a long, long way to go. I still love it here, I want to make sure the club is successful again.”

Student flats.

 

Gonna knock them both down and build student flats.

  • Like 1
The Year Of The Fox

The Year Of The Fox

Posted
Posted
3 hours ago, Ted Maul said:

We're at a point where Mike Ashley would be our perfect option- drain the swamp, get us sustainable and start building a squad full of saleable assets again, flip the club for 2-3x what he paid in 5 years' time.

Said this about a year ago and got laughed at. 
 

He’d be perfect for us 

  • Like 2
  • Popular Post
Miquel The Work Geordie

Miquel The Work Geordie

Posted
  • Popular Post
Posted (edited)

Ashley would tighten the purse strings but wouldn't show an ounce of ambition and never showed any ability to get the off the pitch set up right at Newcastle bar that brief period under Pardew. He hired managers there following a similar criteria to King Power with us (domestic based or domestic experience). He would be terrible. Newcastle were relegated twice on his watch and he hung around for over a decade squeezing the life out of that club. Just because there are worse options out there it doesn't make him an appealing prospect.

 

There's no reason we can't get a savvy businessperson who wants to balance the books who could also be a bit forward thinking.

Edited by Miquel The Work Geordie
  • Like 8
  • Thanks 1
davieG

davieG

Posted
Posted

No merry go round managers or owners please.

Pita

Pita

Posted
Posted
13 minutes ago, Trav Le Bleu said:

Student flats.

 

Gonna knock them both down and build student flats.

What the ground and training ground worth £10m at best. Not worth much without a team 

teblin

teblin

Posted
Posted
53 minutes ago, davieG said:

Merc

 

Leicester City investment talks as consortium targets £100m training ground and stadium

Story by James Pallatt
 •

 

Leicester City are said to be in investment talks that could see the club sell the King Power Stadium and £100m training ground.

A local consortium with strong property links has made an investment bid, according to The Sun’s Alan Nixon.

The group is understood to want to buy both the club’s stadium and training ground and potentially a bigger share in the club in the future, with talks said to be at an early stage.


The Foxes are facing a new financial reality following a second relegation in two seasons.

The club has plummeted from the Premier League to League One.

When City’s relegation from the Championship to League One was confirmed last month, chairman Aiyawatt ‘Top’ Srivaddhanaprabha said he “will try” to keep investing into the club.

Speaking to supporters, Top said: “I did stay here 15 years and I put in a lot of money.” When asked if that will continue, he replied: “I will try.”

City have made more than £270m in losses over the past four years of accounts and so there is concern over how the club may cope with the drastic fall in revenue that comes with being in the third tier.

Top has put money into the club, but City have also used Australian bank Macquarie to take out loans to aid cash flow.

 

Speaking back in January, Top also made clear his stance on selling the club.

“Selling the club is not the way to exit,” he said. “I have to make sure that I complete everything that I did here before I want to leave. Now I need to make sure the club is in a good place.

“If some prince comes in, maybe yes, and the club can be like Man City for example! But I am sure that is a long, long way to go. I still love it here, I want to make sure the club is successful again.”

Might be that they see the planning had previously been granted Alfie the arena etc… and want to build on that.

Muzzy_no7

Muzzy_no7

Posted
Posted
1 hour ago, davieG said:

Merc

 

Leicester City investment talks as consortium targets £100m training ground and stadium

Story by James Pallatt
 •

 

Leicester City are said to be in investment talks that could see the club sell the King Power Stadium and £100m training ground.

A local consortium with strong property links has made an investment bid, according to The Sun’s Alan Nixon.

The group is understood to want to buy both the club’s stadium and training ground and potentially a bigger share in the club in the future, with talks said to be at an early stage.


The Foxes are facing a new financial reality following a second relegation in two seasons.

The club has plummeted from the Premier League to League One.

When City’s relegation from the Championship to League One was confirmed last month, chairman Aiyawatt ‘Top’ Srivaddhanaprabha said he “will try” to keep investing into the club.

Speaking to supporters, Top said: “I did stay here 15 years and I put in a lot of money.” When asked if that will continue, he replied: “I will try.”

City have made more than £270m in losses over the past four years of accounts and so there is concern over how the club may cope with the drastic fall in revenue that comes with being in the third tier.

Top has put money into the club, but City have also used Australian bank Macquarie to take out loans to aid cash flow.

 

Speaking back in January, Top also made clear his stance on selling the club.

“Selling the club is not the way to exit,” he said. “I have to make sure that I complete everything that I did here before I want to leave. Now I need to make sure the club is in a good place.

“If some prince comes in, maybe yes, and the club can be like Man City for example! But I am sure that is a long, long way to go. I still love it here, I want to make sure the club is successful again.”

Some good news for once.

 

Dont know how to react to it😂.

 

Beer?

Muzzy_no7

Muzzy_no7

Posted
Posted

Don’t King Power group own the stadium and training ground? 
 

Selling up now because the moneys ran out. (PL money, Macquarie)

 

Haven’t actually invested in the club for about 7 years.

  • Haha 1
Spanner73

Spanner73

Posted
Posted
5 hours ago, JonnyZeroFox said:

Oh my there is some light, some end to the darkness… please 

God ! 
Don’t get my hopes up ! 
DEAR GOD LET THIS BE TRUE !!! 

cityfanlee23

cityfanlee23

Posted
Posted
5 hours ago, Ted Maul said:

We're at a point where Mike Ashley would be our perfect option- drain the swamp, get us sustainable and start building a squad full of saleable assets again, flip the club for 2-3x what he paid in 5 years' time.

Sadly I think it would be a huge upgrade. At the very least we would stop spending huge amounts on players on inflated contracts. 

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