BOARD OUT, BOARD OUT !

[Matt]

Why did they not offer Joey Gudjonsson a contract before Alkmaar came in with an offer. We need him back!

Good question but at the same time would Joey have really wanted to stay? We're going no where, Levein wasn't very good, I heard Joey didn't really like Levein, at the time the board seemed happy to keep Levein...so yeah if you don't ask/offer you don't get and if we had offered him a contract he may have said yes i'll stay but at the same time i'd have said he was more likley to say "fook Off, i'll gamble and wait for a team to come in for me" - Which they did.

Also the same old answer - Money...Lack of.

[DanTheFoxBhoy]

Well the bottom line is a few of us need to except that we have no money and there is very little us as fans can do about it apart from put pressure on the board to sell up and piss off. Even then there needs to be someone interested in buying us, which apparently according to the Birch there isn't. Whether he means investors or buyers I am unsure.

An injection of a cash will help this club no end, we don't have to rid ourselves of debt completely, most clubs operate in the red , and carry on splashing out on expensive players, this is because they can manage their debt without worry of going under, which is where we differ.

All we can afford to do at the moment is maintain the current wage bill and pay the interest of the Stadium debt each year. If that debt was reduced by whatever means so would the interest payments, and we may actually have a little bit of money. The new owner or investor may pump a bit of money ( not 10 million perhaps just 1 or 2 ) to get some new players around the place, get a buzz about the club again and increase gate revenue. They could set up a new marketing campaign, something different, a million miles away from the current New York Yankess approach. I'm no PHD in Finance so I don't know how Derby managed to get 40 odd million pounds worth of debt written off over night, or exactly how Cov have managed to get the local big wigs to inject 6 million over 3 years, but someone who could half as good as that for us would be more than welcome.

The problem is we aren't a terrible attractive prospect at the moment, we have a big stadium and a fairly large city/county area which provides a very extensive fan base. Problem being we don't own the stadium and we are losing fans each week, in that respect the club have done more harm than good giving away free tickets on Saturday, an extra 4000 people saw exactly why spending 20 quid on Leicester City is a waste of money.

After every bad result there is an uproar which dies down after two or three days, next week we will probably get a point off Brum and everyone will be happy again. We're fickle and I’m not afraid to admit it.

We're just in a hole and there isn't a massive amount we can do about it, sack RK and employ who, Mike Stowell? Thats about all we can afford. We can't get rid of the board until someone wants to buy. I think we should just accept our lot, and hope for the players to perform on the pitch, Thrcian seems to have everyone whipped into a frenzy about the teenagers we send out on a Saturday every week, what he needs to remember is that they are young players and a good three of four years off anything resembling their best. As is this team.

If someone comes along and buys then that would be great, but we can't make someone want to buy Leicester City.

Here is wisdom. Let him that hath understanding give Manwell a medal!

[Ajax Treesdown]

Sack the board!!!! We've all had enough!!!

[Foxes_Trust]

Well Derby protested about their board for ages...and look... they have a new one.

Maybe if life was made difficult for the current set off incompetens they may find it a bit easier to find a buyer.

Yes Derby fans protested & the Trust was heavily involved, as we would have been given the same set of circurmstances at our club.

Their previous owners bought the club for £3 & then racked £10m+ more debt than when they took it over. And it never was actually revealed who really owned them.

Our board have managed the club prudently, are LCFC fans & the 40 shareholders put over £6m in between them (including us)

[Foxes_Trust]

At last somebody is standing by me !!! I may be employing shock tactics on this thread, but either voting with feet or protests at the end of the game will help !! WE AREN'T A SMALL CLUB and WE SHOULD be investing in players !!

The board should EITHER put up or SHUT up !!! This area of the country is poor for football and I BELIEVE OUR CLUB could be the one to brighten up the East Midlands in the footballing stakes with European football if the board were to continue to invest over a long period.

The club does not have the money to buy new players at present or even loan them. They have already gone beyond their original budget to make the additions this season.

[Manwell Pablo]

Yes Derby fans protested & the Trust was heavily involved, as we would have been given the same set of circurmstances at our club.

Their previous owners bought the club for £3 & then racked £10m+ more debt than when they took it over. And it never was actually revealed who really owned them.

Our board have managed the club prudently, are LCFC fans & the 40 shareholders put over £6m in between them (including us)

So when then are going to relise there is a problem then? when we are in League one and going out of business? We are in seventeen million pounds worth of debt and are currently only able to pay the interest on this which is money down the pisser, a club in our situation and our debt needs cannot afford relegation something that is possible if we don't improve on the pitch. If we were to go down I would think the plan from out board would resemble something along the lines of selling all our good players for peanuts. Then what? Leauge Two ?

[Foxes_Trust]

It brings it to there attention, makes them feel uncomfortable they might cough on there prawn sandwiches behind the toughened glass whilst entertaining the matchball sponsers,

Are we confident the "kop" can sing loud enough to be heard in the boardroom cos im not

I knew there was a reason for stripping all the soul from the terraces and thats it so the big man cannot hear the little man complain (I have a chip on my shoulder so i never go hungry )

Having sat in the Directors Box yesterday on Trust duty, gotta say the Kop was very quiet and other than one brief attempt from a group of fans in the Kop at the back towards the West stand side, there was no sign of the 15/20 minutes of encouragement like last season when a goal followed.

On pitch was poor, not sure the terraces were much better to be honest

[Foxes_Trust]

Why did they not offer Joey Gudjonsson a contract before Alkmaar came in with an offer. We need him back!

Better ring Raith & ask CL that one

[Foxes_Trust]

Well the bottom line is a few of us need to except that we have no money and there is very little us as fans can do about it apart from put pressure on the board to sell up and piss off. Even then there needs to be someone interested in buying us, which apparently according to the Birch there isn't. Whether he means investors or buyers I am unsure.

An injection of a cash will help this club no end, we don't have to rid ourselves of debt completely, most clubs operate in the red , and carry on splashing out on expensive players, this is because they can manage their debt without worry of going under, which is where we differ.

All we can afford to do at the moment is maintain the current wage bill and pay the interest of the Stadium debt each year. If that debt was reduced by whatever means so would the interest payments, and we may actually have a little bit of money. The new owner or investor may pump a bit of money ( not 10 million perhaps just 1 or 2 ) to get some new players around the place, get a buzz about the club again and increase gate revenue. They could set up a new marketing campaign, something different, a million miles away from the current New York Yankess approach. I'm no PHD in Finance so I don't know how Derby managed to get 40 odd million pounds worth of debt written off over night, or exactly how Cov have managed to get the local big wigs to inject 6 million over 3 years, but someone who could half as good as that for us would be more than welcome.

The problem is we aren't a terrible attractive prospect at the moment, we have a big stadium and a fairly large city/county area which provides a very extensive fan base. Problem being we don't own the stadium and we are losing fans each week, in that respect the club have done more harm than good giving away free tickets on Saturday, an extra 4000 people saw exactly why spending 20 quid on Leicester City is a waste of money.

After every bad result there is an uproar which dies down after two or three days, next week we will probably get a point off Brum and everyone will be happy again. We're fickle and I’m not afraid to admit it.

We're just in a hole and there isn't a massive amount we can do about it, sack RK and employ who, Mike Stowell? Thats about all we can afford. We can't get rid of the board until someone wants to buy. I think we should just accept our lot, and hope for the players to perform on the pitch, Thrcian seems to have everyone whipped into a frenzy about the teenagers we send out on a Saturday every week, what he needs to remember is that they are young players and a good three of four years off anything resembling their best. As is this team.

If someone comes along and buys then that would be great, but we can't make someone want to buy Leicester City.

Excellent summary of the current situation

Interesting you mention interest payments, wonder seeing the situation a year on, would more fans opt for a Tigers ground share now?

[Vestan Pance]

Having sat in the Directors Box yesterday on Trust duty, gotta say the Kop was very quiet and other than one brief attempt from a group of fans in the Kop at the back towards the West stand side, there was no sign of the 15/20 minutes of encouragement like last season when a goal followed.

On pitch was poor, not sure the terraces were much better to be honest

What a disgraceful post.

You really are going to lose any good will you have from genuine fans.

[Chrysalis]

Yes Derby fans protested & the Trust was heavily involved, as we would have been given the same set of circurmstances at our club.

Their previous owners bought the club for £3 & then racked £10m+ more debt than when they took it over. And it never was actually revealed who really owned them.

Our board have managed the club prudently, are LCFC fans & the 40 shareholders put over £6m in between them (including us)

define prudent? As far as I am aware they unable to get the debt down and its actually increasing every year and they unable to generate competitive transfer funds. Their is no one man in charge who can make key decisions such as managerial appointments and sackings ie. sacking craig needed a vote from the board.

[ithuriel]

What a disgraceful post.

You really are going to lose any good will you have from genuine fans.

you get used to that kind of post from the FT.

seen it once or twice here and a few times on the fox fanzine board.

its one of the reasons i have so little respect for them.

[Thracian]

Well the bottom line is a few of us need to except that we have no money and there is very little us as fans can do about it apart from put pressure on the board to sell up and piss off. Even then there needs to be someone interested in buying us, which apparently according to the Birch there isn't. Whether he means investors or buyers I am unsure.

An injection of a cash will help this club no end, we don't have to rid ourselves of debt completely, most clubs operate in the red , and carry on splashing out on expensive players, this is because they can manage their debt without worry of going under, which is where we differ.

All we can afford to do at the moment is maintain the current wage bill and pay the interest of the Stadium debt each year. If that debt was reduced by whatever means so would the interest payments, and we may actually have a little bit of money. The new owner or investor may pump a bit of money ( not 10 million perhaps just 1 or 2 ) to get some new players around the place, get a buzz about the club again and increase gate revenue. They could set up a new marketing campaign, something different, a million miles away from the current New York Yankess approach. I'm no PHD in Finance so I don't know how Derby managed to get 40 odd million pounds worth of debt written off over night, or exactly how Cov have managed to get the local big wigs to inject 6 million over 3 years, but someone who could half as good as that for us would be more than welcome.

The problem is we aren't a terrible attractive prospect at the moment, we have a big stadium and a fairly large city/county area which provides a very extensive fan base. Problem being we don't own the stadium and we are losing fans each week, in that respect the club have done more harm than good giving away free tickets on Saturday, an extra 4000 people saw exactly why spending 20 quid on Leicester City is a waste of money.

After every bad result there is an uproar which dies down after two or three days, next week we will probably get a point off Brum and everyone will be happy again. We're fickle and I’m not afraid to admit it.

We're just in a hole and there isn't a massive amount we can do about it, sack RK and employ who, Mike Stowell? Thats about all we can afford. We can't get rid of the board until someone wants to buy. I think we should just accept our lot, and hope for the players to perform on the pitch, Thrcian seems to have everyone whipped into a frenzy about the teenagers we send out on a Saturday every week, what he needs to remember is that they are young players and a good three of four years off anything resembling their best. As is this team.

If someone comes along and buys then that would be great, but we can't make someone want to buy Leicester City.

You are right that our team will take time to develop and mature - which is why I've never expected us to get much more than halfway this season.

But there is no excuse for not putting the team together properly and giving it that chance. It's only been half assembled and is playing with tactics better suited to the old team.

And if Kelly doesn't attend to the supply route and the fluidity of the team then we'll be fighting a relegation battle.