Sorry

[Scarby]

What is the big deal???

i cant see why tigers hate the foxes and vice versa!

LCFC is number one for me but i love to see other leicester teams do well as its my birth town! Tigers, the cricket team, basketball and any other sport....speedway for feck sake if we brought it back to the city.

I love Leicester and i want it to suceed and continue to be a sporting capital! I really do fecking love this city it may be a shit hole but i miss it. Im dead proud of the fact we have a good football team, cricket team, basketball team but mor importantly at the end of the day we have the Man Utd of Rugby teams LEICESTER TIGERS and im glad there back on track and winning again.

If we share our ground it would mean more money, support and more people would about Leicester. Im all for the ground share and i hope it goes a head!

If Football fans and Rugby fans are too shallow to see past there own boots then shame on them!

Once LEICESTER always LEICESTER.

COME ON CITY

COME ON TIGERS

COME ON LEICESTER FOXES

COME ON LEICSTER RIDERS

For those that are just thinking we cant share a team cos there our rivals hen your wrong we should support each other no matter what.

one more point Tigers used to boo the half time footie scores if City were winning why???

This IMO has blown out of hand, im for one for it.

(sorry for the rant)

Johnsy

[Cobbo]

Come on the Leicester Monarchs (Cycle Speedway Team )

[Birdy]

Good on you mate, I totally agree with it as well. It makes sense to me.

It has seemed to me that most people that because they love football hate 'egg chasers' for some reason.

I don't like rugby personally, but I don't have a probalem with it.

It works at Wigan, Watford and at QPR amoungst others where football clubs share facilities. Some people are worried about the identity being lost? Well I'll ask you this, do London Irish play in the black and yellow of Watford? NO, but all the seats are black and yellow. Do, I think its Saracens play in blue and white of QPR? NO.

There is no losing party here. Our club will never, NEVER have dire money problems again. IMO thats a bloody good thing.

One last thing, IF, and maybe its a big IF, City become successful, ie regular mid table place in the premiership or higher even say within 5 years, because of the money amonst other things, who will be saying it was a bad idea then???

[Guest]

We have no idea where the money is coming from to fund this venture. One minute we're in Administration, the next we can afford 50% of £20m to buy out half the stadium!!

If the financial future of this football club hinges on this move, is there something the board is not telling us?

Where on earth are we going to make money? Our attendances will not increase unless we are promoted, and seeing as there is definitely no money available for transfers, we can kiss that notion goodbye.

The only party which will benefit are the Tigers, who will move into a new stadium without all of the teething trouble.

For the record, I do support my local teams, whatever the sport. I have even been to watch the Riders, which although it was the dullest experience in my entire life, at least I can say I've done it. As for hating rugby, my husband used to play, and at a high level until forced to quit through injury. No doubt if he'd carried on, I would be having to spend my time following them instead of City.

[davieG]

We have no idea where the money is coming from to fund this venture.  One minute we're in Administration, the next we can afford 50% of £20m to buy out half the stadium!!

If the financial future of this football club hinges on this move, is there something the board is not telling us?

Where on earth are we going to make money?  Our attendances will not increase unless we are promoted, and seeing as there is definitely no money available for transfers, we can kiss that notion goodbye.

The only party which will benefit are the Tigers, who will move into a new stadium without all of the teething trouble.

For the record, I do support my local teams, whatever the sport.  I have even been to watch the Riders, which although it was the dullest experience in my entire life, at least I can say I've done it.  As for hating rugby, my husband used to play, and at a high level until forced to quit through injury.  No doubt if he'd carried on, I would be having to spend my time following them instead of City.

39408[/snapback]

On the money side on can assume that at the moment LCFC have in effect a loan of somewhere between 17 -25 mill and are paying at as a mortgage,

Under the structure they in effect via a new company will have a loan amounting to 50% of the above figure.

Also currently if they want to do anything with the stadium, i.e improve facilities, use it for concerts etc they have to get permission from the yanks.

With the new structure all the stadium matainance, generation of funds will be carried out by the 'new' company.

What we need to know is how will the profits be used:

Will they be fed back to LCFC/Tigers?

Will they be used to pay off the new mortages?

Or will it be creamed off to the 'New' shareholders?

I'm sure also that htere are some good taxs reasons for running them as seperate companies.

[Guest]

We have no idea where the money is coming from to fund this venture.  One minute we're in Administration, the next we can afford 50% of £20m to buy out half the stadium!!

If the financial future of this football club hinges on this move, is there something the board is not telling us?

Where on earth are we going to make money?  Our attendances will not increase unless we are promoted, and seeing as there is definitely no money available for transfers, we can kiss that notion goodbye.

The only party which will benefit are the Tigers, who will move into a new stadium without all of the teething trouble.

For the record, I do support my local teams, whatever the sport.  I have even been to watch the Riders, which although it was the dullest experience in my entire life, at least I can say I've done it.  As for hating rugby, my husband used to play, and at a high level until forced to quit through injury.  No doubt if he'd carried on, I would be having to spend my time following them instead of City.

39408[/snapback]

On the money side on can assume that at the moment LCFC have in effect a loan of somewhere between 17 -25 mill and are paying at as a mortgage,

Under the structure they in effect via a new company will have a loan amounting to 50% of the above figure.

Also currently if they want to do anything with the stadium, i.e improve facilities, use it for concerts etc they have to get permission from the yanks.

With the new structure all the stadium matainance, generation of funds will be carried out by the 'new' company.

What we need to know is how will the profits be used:

Will they be fed back to LCFC/Tigers?

Will they be used to pay off the new mortages?

Or will it be creamed off to the 'New' shareholders?

I'm sure also that htere are some good taxs reasons for running them as seperate companies.

39416[/snapback]

At the moment, interest rates are lower in the US (2% cf BOE rate of 4.75%), so unless the club is going to pay back over the same terms or longer, then we may not be paying back 50% of our current agreement.

If it is a mortgage, they will still need permission to carry out any structural improvements.

There are far too many questions over the financial side of this. We will never get the answers from either club, I suspect.

[Hullfox]

We have no idea where the money is coming from to fund this venture.  One minute we're in Administration, the next we can afford 50% of £20m to buy out half the stadium!!

If the financial future of this football club hinges on this move, is there something the board is not telling us?

Where on earth are we going to make money?  Our attendances will not increase unless we are promoted, and seeing as there is definitely no money available for transfers, we can kiss that notion goodbye.

The only party which will benefit are the Tigers, who will move into a new stadium without all of the teething trouble.

For the record, I do support my local teams, whatever the sport.  I have even been to watch the Riders, which although it was the dullest experience in my entire life, at least I can say I've done it.  As for hating rugby, my husband used to play, and at a high level until forced to quit through injury.  No doubt if he'd carried on, I would be having to spend my time following them instead of City.

39408[/snapback]

On the money side on can assume that at the moment LCFC have in effect a loan of somewhere between 17 -25 mill and are paying at as a mortgage,

Under the structure they in effect via a new company will have a loan amounting to 50% of the above figure.

Also currently if they want to do anything with the stadium, i.e improve facilities, use it for concerts etc they have to get permission from the yanks.

With the new structure all the stadium matainance, generation of funds will be carried out by the 'new' company.

What we need to know is how will the profits be used:

Will they be fed back to LCFC/Tigers?

Will they be used to pay off the new mortages?

Or will it be creamed off to the 'New' shareholders?

I'm sure also that htere are some good taxs reasons for running them as seperate companies.

39416[/snapback]

At the moment, interest rates are lower in the US (2% cf BOE rate of 4.75%), so unless the club is going to pay back over the same terms or longer, then we may not be paying back 50% of our current agreement.

If it is a mortgage, they will still need permission to carry out any structural improvements.

There are far too many questions over the financial side of this. We will never get the answers from either club, I suspect.

39425[/snapback]

As someone from a financial services background, I can guarantee you that we will not be paying prime rates of interest on whatever loans we have. Don't forget that these monies were granted to us when we were in administration and therefore the lenders were taking a huge risk. Also just because the company is American doesn't automatically mean that we have borrowed American monies as this would be a double edged sword relying on both low interest rates and good exchange rates. I would suspect that it will be a Sterling transaction based upon the American's assets in the UK.

What the PLC are now doing however is realising the new strength of the company and looking at ways of halting the flow of monies out by looking at the way the debts are structured. I suspect that we have got stronger quicker than anybody expected or dared hope for.

[Guest]

As someone from a financial services background, I can guarantee you that we will not be paying prime rates of interest on whatever loans we have. Don't forget that these monies were granted to us when we were in administration and therefore the lenders were taking a huge risk. Also just because the company is American doesn't automatically mean that we have borrowed American monies as this would be a double edged sword relying on both low interest rates and good exchange rates. I would suspect that it will be a Sterling transaction based upon the American's assets in the UK.

What the PLC are now doing however is realising the new strength of the company and looking at ways of halting the flow of monies out by looking at the way the debts are structured. I suspect that we have got stronger quicker than anybody expected or dared hope for.

39432[/snapback]

We can only base our reasoning on assumptions, and at the moment, I'm thinking of worst case scenarios.

If our borrowings with Teachers are US$ based, then we would be doing well at the moment out of it. If this was the case, then to come out of this deal would seem foolish.

The problem is we don't know what is happening, and I doubt we will find out.

If the football club is in a stronger position, then why not concentrate on getting a piece of the pot of gold at the end of the Premiership rainbow? We are managing our repayments, if this is the case.

The only way we will increase revenue is through promotion, I fear.

[Hullfox]

As someone from a financial services background, I can guarantee you that we will not be paying prime rates of interest on whatever loans we have. Don't forget that these monies were granted to us when we were in administration and therefore the lenders were taking a huge risk. Also just because the company is American doesn't automatically mean that we have borrowed American monies as this would be a double edged sword relying on both low interest rates and good exchange rates. I would suspect that it will be a Sterling transaction based upon the American's assets in the UK.

What the PLC are now doing however is realising the new strength of the company and looking at ways of halting the flow of monies out by looking at the way the debts are structured. I suspect that we have got stronger quicker than anybody expected or dared hope for.

39432[/snapback]

We can only base our reasoning on assumptions, and at the moment, I'm thinking of worst case scenarios.

If our borrowings with Teachers are US$ based, then we would be doing well at the moment out of it. If this was the case, then to come out of this deal would seem foolish.

The problem is we don't know what is happening, and I doubt we will find out.

If the football club is in a stronger position, then why not concentrate on getting a piece of the pot of gold at the end of the Premiership rainbow? We are managing our repayments, if this is the case.

The only way we will increase revenue is through promotion, I fear.

39438[/snapback]

Worst case scenario with the Tigers option is that we halve our capital debt and as such will reduce our outgoings but also increase our potential incomings through the likes of concerts etc because the ground is now "ours" to do as we wish.

Whilst we are managing our repayments, I would strongly suspect that they are not commercially competitive rates and the men in grey suits need to address that as soon as possible.

The best way to increase revenue is as you say to gain promotion but we cannot guarantee that. we can guarantee say 4 events a year to boost revenue from other sources.

You're dead right though, we will probably never find out the full truth. It is however nice to discuss the merits of this idea without the cry of rip up the green seats! Good old Lisa.

[Steven]

What the PLC are now doing however is realising the new strength of the company and looking at ways of halting the flow of monies out by looking at the way the debts are structured. I suspect that we have got stronger quicker than anybody expected or dared hope for.

39432[/snapback]

Impeccable reasoning, however the reverse could also be true. That the weakness of the company is forcing it into this situation. After all with almost a couple of years trading behind them, if they were doing that well, why not refinance it themselves.

[Guest]

What the PLC are now doing however is realising the new strength of the company and looking at ways of halting the flow of monies out by looking at the way the debts are structured. I suspect that we have got stronger quicker than anybody expected or dared hope for.

39432[/snapback]

Impeccable reasoning, however the reverse could also be true. That the weakness of the company is forcing it into this situation. After all with almost a couple of years trading behind them, if they were doing that well, why not refinance it themselves.

39466[/snapback]

Exactly.

I'm getting all the arguments at home, as The OH is very apathetic, and keeps playing Devil's advocate. One of his arguments was that the Club might be worse off than we think, and that our creditor is looking to offload the debt to some other company (hypothetical scenario, this has no basis whatsoever).

As fans, we would want to know if the club was struggling, having been through Administration once. This would seriously compromise the club's position if it was the case and it was revealed to the public.

If the position is stronger, then can we not go it alone?

The way in which it has suddenly been unveiled just makes me highly suspicious, given what's been going on in the last few years.

[Guest]

It is however nice to discuss the merits of this idea without the cry of rip up the green seats!  Good old Lisa.

39442[/snapback]

I just love a good old debate!! That, and the fact I'm an argumentative so and so!!

[Hullfox]

It is however nice to discuss the merits of this idea without the cry of rip up the green seats!  Good old Lisa.

39442[/snapback]

I just love a good old debate!! That, and the fact I'm an argumentative so and so!!

39475[/snapback]

I could say that it's because you're a woman but I won't!

I don't think that we're that badly off. We announced £5million profits recently did we not and we have reduced the wage bill quite dramatically with other high earners due to leave at the end of the season. I think that things are looking okay financially. (think, not know).

I don't think that we're a strong enough yet to capitalise all of our debts but we do have a stronger grounding to improve the terms given to us by our creditors, specifically if we reduce our debts to them.

[Guest]

It is however nice to discuss the merits of this idea without the cry of rip up the green seats!  Good old Lisa.

39442[/snapback]

I just love a good old debate!! That, and the fact I'm an argumentative so and so!!

39475[/snapback]

I could say that it's because you're a woman but I won't!

I don't think that we're that badly off. We announced £5million profits recently did we not and we have reduced the wage bill quite dramatically with other high earners due to leave at the end of the season. I think that things are looking okay financially. (think, not know).

I don't think that we're a strong enough yet to capitalise all of our debts but we do have a stronger grounding to improve the terms given to us by our creditors, specifically if we reduce our debts to them.

39484[/snapback]

I was under the same impression until yesterday!! Now I don't know what to think!

A lot of questions need answering, but I'm still not happy!!

[Samu]

When people talk about the club losing its identity I sort of understand this as we will be sharing our home but in many ways I don't understand.

I mean if you think about the clubs who share their grounds I rarely know the rugby team who plays there. If someone says to me who plays at Vicarage Road I will say Watford and will completely forget about the rugby team there. I don't think I'm making my point very well here....but on the whole I just don't see it as being quite as bad as some make it out to be

[Jonbluefox9]

All of these things you're saying, it seems that Tim Davies is willing to meet with fans and answer your queries. Let's hear more about this before we say we don't want this ground share.

1 Leicester, 1 ground, makes sense to me.

[Leicester_Mad]

When people talk about the club losing its identity I sort of understand this as we will be sharing our home but in many ways I don't understand.

I mean if you think about the clubs who share their grounds I rarely know the rugby team who plays there. If someone says to me who plays at Vicarage Road I will say Watford and will completely forget about the rugby team there. I don't think I'm making my point very well here....but on the whole I just don't see it as being quite as bad as some make it out to be

39498[/snapback]

but the rugby side that play there arent the best side in England

people will recognise the Walkers for the Rugby Club not for the club it was built for <_<

[TrickyTrev]

When people talk about the club losing its identity I sort of understand this as we will be sharing our home but in many ways I don't understand.

I mean if you think about the clubs who share their grounds I rarely know the rugby team who plays there. If someone says to me who plays at Vicarage Road I will say Watford and will completely forget about the rugby team there. I don't think I'm making my point very well here....but on the whole I just don't see it as being quite as bad as some make it out to be

39498[/snapback]

but the rugby side that play there arent the best side in England

people will recognise the Walkers for the Rugby Club not for the club it was built for <_<

39563[/snapback]

Ermm they are actually, they won the european Cup this year.

Rugby fans will see it as a the Tigers ground and football fans will se it as a football ground, simple really.

[Anish]

It works at Wigan, Watford and at QPR amoungst others where football clubs share facilities. Some people are worried about the identity being lost? Well I'll ask you this, do London Irish play in the black and yellow of Watford? NO, but all the seats are black and yellow. Do, I think its Saracens play in blue and white of QPR? NO.

39407[/snapback]

But judging from the pictures on the tigers website - the joint purchase will result in a complete rebranding of the stadium, inside and out. The seats will be half green and red, and half blue. The stadium name will change and so will many more things besides.

These things are not present at Vicarage Road or Loftus Road where the stadium has not been completely revamped because they groundshare with a rugby team.

[shen]

Davies has been quite clear about the pictures published. No agreement has been made about the rebranding, only that they WILL rebrand. The pictures are nothing but speculation about what it COULD look like