Ric Flair Posted 22 August 2006 Share Posted 22 August 2006 22 pages of pure muck. I feel dirty after reading this, going for a bath. Link to comment Share on other sites More sharing options...
Stevosevic Posted 22 August 2006 Share Posted 22 August 2006 I think that is what he was asking. yes i was i am surprised nobody has posted about it, surely someone listened, but everyone is probably at work. Link to comment Share on other sites More sharing options...
Fox4ever Posted 22 August 2006 Share Posted 22 August 2006 It was around the end of September last year Year ending 31/5/2005 are already with Comapny House. I was referrring to year ending 31/5/2006 not yet at Company House. Link to comment Share on other sites More sharing options...
Babylon Posted 22 August 2006 Share Posted 22 August 2006 To be fair to him he didn't persist with Perrin too long and is big enough to admit the error he made. Very true, which is a positive that he isn't stubborn. Don't mistake what i'm saying as being against it... i'm just weighing up everything instead of blindly jumping on the band wagon as happens on here with most people. Link to comment Share on other sites More sharing options...
Babylon Posted 22 August 2006 Share Posted 22 August 2006 Bottom line is, where were they when he took over and where are they now, despite all the controversial happenings? How is their financial state now compared to just before he came? Personally I want us to succeed without a sugardaddy, but we need the money, so I'll welcome him with open arms if he comes! Like I keep saying I bloody know that... Lets hope he finds another Redknapp then as his other managerial appointmants haven't exactly been great!!! Heaven help the bloke if he did take over, our pathetic fickle fans would turn on him if promotion wasn't achieved after one year like they do with evreyone else. Link to comment Share on other sites More sharing options...
Tubes Posted 22 August 2006 Share Posted 22 August 2006 http://www.thebluearmy.co.uk/details.asp?b...6269754|p|536|0 Link to comment Share on other sites More sharing options...
Chrysalis Posted 22 August 2006 Share Posted 22 August 2006 To be fair to him he didn't persist with Perrin too long and is big enough to admit the error he made. No-one is perfect. At the time, our fans were extremely happy with Peter Taylor and Craig Levein coming in. Hes got the guts to sack a manager when needed it shows to me. Also the ability to learn from mistakes which showed when he got redknapp back. Link to comment Share on other sites More sharing options...
Fez of Mahrez Posted 22 August 2006 Share Posted 22 August 2006 Very true, which is a positive that he isn't stubborn. Don't mistake what i'm saying as being against it... i'm just weighing up everything instead of blindly jumping on the band wagon as happens on here with most people. I find that sometimes I don't feel particularly strongly about what I'm saying but when it comes to certain topics you need to fight against the tide to try and stop an overreaction i.e. Kelly Out because we lose our first two games. Equally, we'll reach the play-offs because we beat a dreadful Ipswich team. I'm not the most pro-Mandaric person in the world but some of the arguments against him have been ludicrous. Link to comment Share on other sites More sharing options...
Chrysalis Posted 22 August 2006 Share Posted 22 August 2006 My god some people have absolutley no concept of investment and return. Please explain to me how putting in £250k and getting paid £100k per year puts you in "profit" after 2 years? Lets look at the alternative... Put £250k in stable investment at 6% per annum, earns about £30k, so you have £280k. Get a job elsewhere, at the same salary (not that hard with his experience) and you have earned £200k. So now you have £480k! Brilliant. In comparison to putting £250k into city not getting it back and earning £200k. So, you might say he's actually £280k worse off after 2 years! Davies is in profit he got nice bonus from the premiership season on top of his annual salary which he had since arriving here. Link to comment Share on other sites More sharing options...
Chrysalis Posted 22 August 2006 Share Posted 22 August 2006 sheff wed probably has a larger fan base then us but we have a more modern stadium. If the current board dont mess up they could allow him to take control for nothing and he then retires the stadium debt so we have stadium ownership again, the current shareholders then gain from increased value, he could then invest in the team to enable promotion and after that the current shareholders would gain again. After promotion and probably 2 years in the premiership he would I expect look to sell up probably to another person in his social circle and make a profit but if we are in a better position out of it, stadium ownership and premiership status who are we to worry? we would also likely be having decent attendances again. I know he isnt going to garantuee an upturn in fortunes but I think many people here dont realise the dire situation of the club, the current board are abysmal and have struggled with debts that leeds have shrugged off and a smaller club liek cardiff also shrugged off debts, this board hasnt managed to attract investment and invest in the team their is no ambition at all from them and noone on the board willing to risk personal wealth for the club. Link to comment Share on other sites More sharing options...
Finnegan Posted 22 August 2006 Share Posted 22 August 2006 At the end of the day, no self respecting Leicester fan is going to say "yes, I want a rich business man to buy us back into the premiership", but in the days of football commercialism - none of us are going to turn around and go "shit, I wish we were still struggling in the Championship" if it does happen. It's a pointless debate, if it's gunna happen it's going to happen whether you like it or not, and chances are 99.9% of you (god, probably even Burton) will be celebrating come promotion if it did happen and he /we was / were succesful. [/grammatically terrible post] Link to comment Share on other sites More sharing options...
Surreal Madrid Posted 22 August 2006 Share Posted 22 August 2006 Davies is in profit he got nice bonus from the premiership season on top of his annual salary which he had since arriving here. Davies is Chief Executive, a full-time job. We might argue about his qualities, but I would expect him to be paid the going rate. Would you do a full-time job for nothing? I get paid for my job - I don't look at it as profit, it's what I'm worth, and just like Davies, I would imagine, most of it goes to the mortgage company. Link to comment Share on other sites More sharing options...
Surreal Madrid Posted 22 August 2006 Share Posted 22 August 2006 The accounts to 31st May 2005 were signed off on 3rd August 2005, which is pretty quick for a non-quoted PLC. Septemberish 2006 for the May 2006 accounts seems a pretty normal timeframe. As a PLC, the accounts have to be filed at Companies House within nine months of the year end, which in our case is February 2007. With regard to the auditors, I would guess this is a condition imposed by the Teachers' Pension Fund when they agreed to the rescheduling of the loan on the stadium when we came out of administration. As Americans, they would have heard of PWC, but not some smaller mid-tier firm. Err, correction. Mazars are our auditors, PWC our accountants. Again I should think PWC are there to provide reassurance to Teachers'. Link to comment Share on other sites More sharing options...
Ric Flair Posted 22 August 2006 Share Posted 22 August 2006 These stories will only help stir the pot that will lead to our current board leaving. I've been told it's almost inevitable that we'll either get taken over or we'll go back in to admin within a year or so and bye bye Leicester. That's from what i've been told anyway by someone who has close links with the club. Link to comment Share on other sites More sharing options...
Swedging Posted 22 August 2006 Share Posted 22 August 2006 These stories will only help stir the pot that will lead to our current board leaving. I've been told it's almost inevitable that we'll either get taken over or we'll go back in to admin within a year or so and bye bye Leicester. That's from what i've been told anyway by someone who has close links with the club. Someone's been feeding you a pile of bull. There's no financial evidence that the club is anywhere close to administration. Link to comment Share on other sites More sharing options...
Ricey Posted 22 August 2006 Share Posted 22 August 2006 http://www.thebluearmy.co.uk/details.asp?b...6269754|p|536|0 The Mercury seem very quick to play all this down, the way I interperet MM's comments are that he is interested in buying Leicester but he won't talk about it while he is Chairman of Pompey. Link to comment Share on other sites More sharing options...
Babylon Posted 22 August 2006 Share Posted 22 August 2006 The Mercury seem very quick to play all this down, the way I interperet MM's comments are that he is interested in buying Leicester but he won't talk about it while he is Chairman of Pompey. We are just one on a list that he's interested in.... it's all a million miles away really isn't it. Link to comment Share on other sites More sharing options...
Master Fox Posted 22 August 2006 Share Posted 22 August 2006 This is all utter garbage. Nothing good ever happens to this club. Link to comment Share on other sites More sharing options...
Ultra Posted 22 August 2006 Share Posted 22 August 2006 There's been some pure comedy in this thread but I think BF's use of the word f**kwittery was massively overlooked :laugh: No more so than my restraint in not using the words "pot" and "kettle" in response... Link to comment Share on other sites More sharing options...
Thracian Posted 22 August 2006 Share Posted 22 August 2006 to be honest we would still be in a mess, your idea would probably allow us to keep struggling just to pay off the interest (you realise we not paying of the debt just interest payments) and reduce attendances further since we selling our best players and probably be in another relegation dogfight. Just a hypothetical scenario for right now. Sell Fryatt, Stearman, McCarthy. Replace with Dodds/O'Grady, Kenton/Maybury and McAuley/Nils. Income £4.5m. Pay off £3.5 million capital from the ground as an extra unscheduled payment, reducing the capital debt and the future interest payments. Retain £1m for, say, two purchases. I don't think the side would be irretrievably weakened. Fryatt is the key and his loss would be a blow but I don't see Hume/Fryatt as the ideal long term partnership because they is no aerial presence which means we'll never get 10 goals a season from set pieces. We're too limited. Dodds is a similar striker to Fryatt (and likely to be just as good) but if we could get a big aerial player to go with Hume/Dodds/O'Grady then McAuley's introduction as replacement for McCarthy (even Kisnorbo's getting in there now) would give us a reasonable threat in the air from set pieces which we presently lack. Target for the season: top 12 finish with a team reading: Logan/Henderson; Kenton/Maybury, McAuley/Kisnorbo/Nils, Nils/Sheehan; Low/Gradel, Hughes/Johnson, Wesolowski/Williams, Porter/Tiatto; Hume/Dodds/O'Grady/Hammond. Plus two new signings. Twenty one players. Good balance. Players coming through who will be worth something. Link to comment Share on other sites More sharing options...
Surreal Madrid Posted 22 August 2006 Share Posted 22 August 2006 These stories will only help stir the pot that will lead to our current board leaving. I've been told it's almost inevitable that we'll either get taken over or we'll go back in to admin within a year or so and bye bye Leicester. That's from what i've been told anyway by someone who has close links with the club. Why would the board want to leave, just because of a lot of unfounded hot air on internet forums? I include in that your point about going into admin - any evidence please? Link to comment Share on other sites More sharing options...
Ultra Posted 22 August 2006 Share Posted 22 August 2006 If I am not mistaked it was manderic who attracted Gaydamak, what have our current board done to get investment? How many people realise how bad the situation is currently? The current board have failed to (a) attract outside investment As have most of the teams in this league (b) have a stupid rule blocking large investment from one person. What's stupid about it? It's to prevent the club from falling into the hands of sharks, megalomaniacs and asset-strippers. Seems perfectly sensible to me. © have no ambition and are running the club as a business happily paying themselves to profit from their own investment, That's open to interpretation. The club has publicly stated that its aim is to see us back in the Premiership where we belong. (d) are happy with avoiding relegation that's their target. Not true - their target is as stated above. (e) would like to share the ground with tigers. True. So what? Link to comment Share on other sites More sharing options...
Ultra Posted 22 August 2006 Share Posted 22 August 2006 Target for the season: top 12 finish with a team reading: Logan/Henderson; Kenton/Maybury, McAuley/Kisnorbo/Nils, Nils/Sheehan; Low/Gradel, Hughes/Johnson, Wesolowski/Williams, Porter/Tiatto; Hume/Dodds/O'Grady/Hammond. Plus two new signings. Twenty one players. Good balance. Players coming through who will be worth something. This really belongs on another thread. But in such a scenario, where's the leadership and where are the goals? Link to comment Share on other sites More sharing options...
Ultra Posted 22 August 2006 Share Posted 22 August 2006 as we found out when we couldnt attract newell, that the success was to do with manderic, it works from the top, manderic attracted redknapp. The fcukwits running OUR club at the time attracted Redknapp, but he backed off because of the travelling distance from his home on the south coast. Portsmouth were the only option available to him. It took no great effort by Mandaric to land him. Link to comment Share on other sites More sharing options...
Fez of Mahrez Posted 22 August 2006 Share Posted 22 August 2006 I agree about Stearman and McCarthy being surplus to the absolutely vital requirements of the squad and if we could get decent money for them then I would get rid. Link to comment Share on other sites More sharing options...
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