Leicester City For Sale (Ongoing Thread)

[Old Fox]

1 hour ago, Spudulike said:

Seagrave valued at £121m. You'd think the stadium and surrounding land, with outline planning consent, would be worth more.

The assets will have much more value however that will be offset by the family investment - they have switched debt go equity but still they will want to recoup something however the liabilities to run the club will also be a huge factor. The club has mortgaged all future income so likely that despite significant asset value any potential buyer will mark that down as investment to run the club for the next 2-3 years will be huge and that would be including promotion !

[moore_94]

8 minutes ago, LVFox said:

Proven good use of a multi club model - way too good to be true 

He could see it is a bargain because he would get Leuven as well

[LVFox]

Just now, moore_94 said:

He could see it is a bargain because he would get Leuven as well

I’m raging that one Reddit post has got me so full of hope. Imagine a competent owner with 4 decent sides under his control - I’d even take us being a middling championship side if we saw a conveyer belt of exciting young talent come through and entertain us.

[Tuna]

Would be out first Joe

[st albans fox]

So the chat about interested Middle Eastern parties was either guff or we had interest and it’s evaporated.  Hence the sale  prospectus being  issued now. 

[skinnydipper]

This bit from the sales prospectus made me titter 

 

The brochure speaks of "a rare opportunity to acquire a club with an excellent track record of winning promotions to higher divisions".

[hackneyfox]

5 hours ago, Globalfox said:

I just wanted to point out to everyone that since they have had to prepare a prospectus there is no un-named Middle East buyer because if there was why bother.

 

4 hours ago, Tommy G said:

That is absolute tripe and not how it works. They will be running a proper process, even if there is or isn't a ''preferred bidder'' they will be warming up other potential buyers in the meantime, they will want a whole market approach. If they manage to get some other interested parties then that will provide some competitive tension on price and deliverability of the deal etc.  

 

1 hour ago, st albans fox said:

So the chat about interested Middle Eastern parties was either guff or we had interest and it’s evaporated.  Hence the sale  prospectus being  issued now. 

See above for Tommy's answer

[em9999]

Going to really really struggle to sell the club which is sad 😔 because how far its been dragged down..

 

 

[CL Fox]

4 hours ago, Tommy G said:

That is absolute tripe and not how it works. They will be running a proper process, even if there is or isn't a ''preferred bidder'' they will be warming up other potential buyers in the meantime, they will want a whole market approach. If they manage to get some other interested parties then that will provide some competitive tension on price and deliverability of the deal etc.  

Quite right, so much denial on here its beginning to annoy me.

[FoxesDeb]

2 hours ago, Spudulike said:

Is that good or bad?

I'm a big Chicago Fire fan too, it's not been the same since Jesse Spencer left imo, but at least we still have Taylor Kinney 

[CL Fox]

8 minutes ago, em9999 said:

Going to really really struggle to sell the club which is sad 😔 because how far its been dragged down..

 

 

Have hope 👀

[FoxinNotts]

All for the price of 2 1/4 Harry Maguires!

[wardyfox86]

57 minutes ago, skinnydipper said:

This bit from the sales prospectus made me titter 

 

The brochure speaks of "a rare opportunity to acquire a club with an excellent track record of winning promotions to higher divisions".

It's like telling your prospective new employer that you have "an excellent track record of being released early for good behaviour" 

[Paninistickers]

54 minutes ago, em9999 said:

Going to really really struggle to sell the club which is sad 😔 because how far its been dragged down..

 

 

Well, KP have to sell the club. It's a non negotiable. They can't afford to run it anymore..

 

They'll either sell at a respectable price, or sell for peanuts (and probs agree a triggered performance payment)  or, it goes bust and they get absolutely nothing..

 

Not selling is not an option..

[Lineker's Left Foot]

On first examination of us, we are going to need a lot of money to purchase us due to the assets and debt, but it will be someone or a group with very deep pockets.

 

Unfortunately, gone are the days when local

businessmen owned clubs, and Jack Walker at Blackburn was the real first benefactor, but even he with his wealth would struggle to buy us.

 

Hence someone will come in, and with deep pockets.  We are still a rather attractive proposition as money would generally be no object to these prospective owners now. 
 

The Chicago Fire owner looks a good bet and it is very random if one of their fans is quoting us.

[Pita]

£200m for a div 1 club. Far too overpriced 

[hackneyfox]

Not just any div 1 club

[teblin]

2 minutes ago, hackneyfox said:

Not just any div 1 club

100% even when Charlie was talking about Sunderland on BSLB we have done amazing things in recent times. 

 

Someone might see it as a romantic option.

[Lineker's Left Foot]

1 minute ago, teblin said:

100% even when Charlie was talking about Sunderland on BSLB we have done amazing things in recent times. 

 

Someone might see it as a romantic option.

This is what I was thinking.  We should

 be a Brighton, Brentford and Bournemouth at the very least in relation to what we achieved.  

[VLC86]

5 minutes ago, teblin said:

100% even when Charlie was talking about Sunderland on BSLB we have done amazing things in recent times. 

 

Someone might see it as a romantic option.

The romantic footballing equivalent of getting fingered on a park bench while clutching 2 litres of white lightening.

[foxfanazer]

Delusional price tag from a delusional football club owner 

[Spudulike]

1 hour ago, FoxesDeb said:

I'm a big Chicago Fire fan too, it's not been the same since Jesse Spencer left imo, but at least we still have Taylor Kinney 

I've no idea what Chicago Fire is, Google says it's a film  

[john ridley]

11 minutes ago, foxfanazer said:

Delusional price tag from a delusional football club owner 

We'll  end up like Sheff Wed and he ,KP will get nothing ,then someone will come in on the cheap.

[Pita]

26 minutes ago, hackneyfox said:

Not just any div 1 club

A very expensive div 1 club run by nutcases

[hackneyfox]

3 minutes ago, Pita said:

A very expensive div 1 club run by nutcases

Will you at any point post something positive?