Leicester City For Sale (Ongoing Thread)

[st albans fox]

6 minutes ago, Tommy G said:

Agreed by Christmas is do-able, doesn't mean completion will happen before Christmas - I'd eat my hat. 

Yep

i think that means a deal agreed by Xmas 

 

if KP want a really quick completion then they’ll have to take a hit on the deal or agree a large amount being withheld until due diligence is able to be completed. 

[Tommy G]

55 minutes ago, st albans fox said:

Yep

i think that means a deal agreed by Xmas 

 

if KP want a really quick completion then they’ll have to take a hit on the deal or agree a large amount being withheld until due diligence is able to be completed. 

Trouble is the complexities around the conditions that satisfy the money being released can be really complicated and a legal minefield, the best they can hope for is some kind of earn out based on promotions in the future etc

[st albans fox]

5 minutes ago, Tommy G said:

Trouble is the complexities around the conditions that satisfy the money being released can be really complicated and a legal minefield, the best they can hope for is some kind of earn out based on promotions in the future etc

That’s true 

if they really need a quick completion because they need the funds then the buyer is in a strong position to markedly reduce the price to reflect the risk. 

they can’t have it both ways. 

 

 

[Lambert09]

I think the reality is, whoever comes in would need to be someone that is simply taking the club out of enjoyment rather than a good investment. We simply aren’t a good investment no matter how you look at it. 
 

The success required to make your money back, is essentially our perfect scenario… where everything works out the best way possible …. In a landscape where almost every championship club is pushing for investment and driving for the same goal… it really is going to be a lot of hard work and not a simple “we should be there based on history”…. I hope our fans don’t pick up that Leeds attitude that the club should be there because ‘ we belong’.
 

Any advantage we had from our spell in the premier league has gone, with the last remaining bits being the fruit from the academy bring stripped away at an alarming rate and essentially required to keep us afloat. 
 

we need a group that has investment from someone who wants an ego project/ play thing. We need a snoop dog type figure who simply doesn’t really care if they lose money on the investment because the profile of owning a club is what drives them rather than the money they might get back. 
 

I just can’t see how we can look at Birmingham going for £10m and think someone is going to willingly pay £200m+ for us, while we have debts that would far outweigh what Birmingham had.  
 

If we were to remove the bonus of the training ground (45m (I believe it’s listed), 

women’s team, and leuven … we are still asking for $100m+ for a debt ridden club, with very few playing assets remaining.  so for a businessman… would you spin a roulette wheel betting on red, if the return if you get it right is 10% …. Because it feels like the risk vs reward does not sound slightly promising.  The new owner would likely only make profit if we became an established premier league side… and the investment to get there likely means that even then they will be out of pocket 
 

[orangecity23]

41 minutes ago, Lambert09 said:

 

we need a group that has investment from someone who wants an ego project/ play thing. We need a snoop dog type figure who simply doesn’t really care if they lose money on the investment because the profile of owning a club is what drives them rather than the money they might get back. 

 

I've been thinking something similar to this, the only type of people this club makes sense to as a purchase would be American celeb types who want to do something similar to Wrexham, where the value to them is the story of the club, in a "rebuild the dream" style where they look to monetise the behind the scenes stuff.

 

I'd settle for Ramsey's football nightmares, where at least we get an hour a week of Gordon shouting at Rudkin, Glover or Martin for ****ing everything up again 

[Miquel The Work Geordie]

52 minutes ago, orangecity23 said:

I'd settle for Ramsey's football nightmares, where at least we get an hour a week of Gordon shouting at Rudkin, Glover or Martin for ****ing everything up again 

 

Oi, big boy, wow, come here

[Freeman's Wharfer]

6 hours ago, orangecity23 said:

 

I'd settle for Ramsey's football nightmares, where at least we get an hour a week of Gordon shouting at Rudkin, Glover or Martin for ****ing everything up again 

Unreal 

 

Him slapping two pieces of bread either side of Rudkin’s head: “What are you? A Chief Football Idiot Sandwich? Repeat after me…”

 

Watching back a Martin 3-0 defeat with 70%+ possession and telling him to throw all his stale tactics in the bin.

[orangecity23]

40 minutes ago, Freeman's Wharfer said:

Unreal 

 

Him slapping two pieces of bread either side of Rudkin’s head: “What are you? A Chief Football Idiot Sandwich? Repeat after me…”

 

Watching back a Martin 3-0 defeat with 70%+ possession and telling him to throw all his stale tactics in the bin.

Narrator: Jon has served up a half baked transfer window, and Chef Ramsey is not impressed

 

Gordon: For ****s sake! Look at this *points at Bob* His shots are all completely undercooked! And I've just checked the scoreline and found out the Brussels have been battered! 

[TeamRocket]

So no bid update today? Are we even selling the club or is this like the tooth fairy and not real at all.(sorry spoilers alert)

Edited 6 hours ago by TeamRocket

[winteriscoming]

1 minute ago, TeamRocket said:

So no bid update today? Are we even selling the club or is this like the tooth fairy and not real at all.

Don’t be ridiculous of course the tooth fairy is real. 

[Pita]

With the silly money king power are asking   Will there be any offers. Or will the dead line be pushed back again. 

[wurmer]

Wait until Admin, snap up for a fraction of the price, with most of the debt written off...

 

[MPH]

54 minutes ago, wurmer said:

Wait until Admin, snap up for a fraction of the price, with most of the debt written off...

 

What debt do we have? I thought it had all been written off as equity.

[MPH]

I do know that talksport reported earlier this week  that there was an American consortium Interested in making a bid but asked for more time to prepare their bid..

[MPH]

6 minutes ago, MPH said:

What debt do we have? I thought it had all been written off as equity.

 

they probably mean money we owe for transfers and things like that..