Pearson Apppointment

[davieG]

I Agree with what you say but as long as i can remember LC have never had a good board i.e. the Shipmans.George.Elsom. they possibly knew a bit more about football than MM but god wernt they tight arses Elsom unknown quanties of cash [No doubt loans ] to PT.

But this manager appointment of Pearson will be a wait and see job MM has dropped 1-2 bollocks but he has put some cash into the club when the previous lot was more concerned with taking.I wonder what the response had been if MM had appointed JG.

You seem mighty sure that MM has put actually money into the club and not just loans and yet you question the money Elsom wasted on PT which wasn't generally loans but the money received for Heskey. Most of our debts at the time of administration related to the stadium and the player's extortionate contracts.

I've yet to see any concrete evidence that the MM money has no strings attached. If it is loans or the like then that makes him worse than previous Chairmen because he would be putting the very existence of LCFC at risk should we fail to reach the Premiership.

[Daggers]

£1.50 for Fryatt

...sounds much closer to the mark

[smokey]

Tehe.

500k for Fryatt, 500k for Clemence and 500k for Oakley

Do you need reading lessons muppett!

[filbertway]

500k for Fryatt, 500k for Clemence and 500k for Oakley

Do you need reading lessons muppett!

Merked gents

[Sniffer-Clarke]

You seem mighty sure that MM has put actually money into the club and not just loans and yet you question the money Elsom wasted on PT which wasn't generally loans but the money received for Heskey. Most of our debts at the time of administration related to the stadium and the player's extortionate contracts.

I've yet to see any concrete evidence that the MM money has no strings attached. If it is loans or the like then that makes him worse than previous Chairmen because he would be putting the very existence of LCFC at risk should we fail to reach the Premiership.

How did he buy the club then, I take it you assume he used loans for that about 18 months ago he was the good samaritan people were asking for his autograph,back slapping, you will never know what the situation was when he took over the club BUT without him there is possibilty we could still me be in a financial mess or at worst with no club.

[colbo68]

After all the trials and tribulation`s at leicester city we finally have our new manager! Im still in a reflective mood and I am waiting to see what pearson outlines as his priorities for the club/team with promotion being the Blatantly obvious one. Mandaric has hit the nail on the head as I hav mentioned before our squad has developed a negative mentaility and we still have a lot of rebuilding to do, so I would be very surprised if pearson isn`t going over the squad right this minute looking at our strength and weakness`s. Pearson has got to act quickly and decide which players he doesn`t want at the club for example maybe the likes of Howard, Dj campbell will be sold to generate some funds to buy players in other position`s and i personally wouldnt lose any sleep at those 2 players leaving the club even though they might be well capable of topping the league one goal charts. I think that he has to go with the Youth we have at the club, the likes of sheehan, King, Mckay, Gradel etc! because at this level im sure they will be capable of making a impression while at the same time bringing in a new mentaility to the team of confidence not negativity.

Undoubtly Mandaric in my opinion has made a big gamble appointing pearson as manager, there are many people who say that he is tatically astute which is something we didnt hav under holloway. My biggest issue will be can he motivate our players, can he install the confidence into players like Fryatt who had a miserable last season, there is undoubtly going to be a lot of ???? against pearson being relatively unproven. To Finish I want to add that i feel If pearson doesn`t succeed then Mandaric surely must see he isnt fit to lead this club forward and we must accept that Money can`t buy success and Perhaps Mandaric will be a victim of his own downfall getting involved where the decision shouldnt be his to take.

dont really know why we went for him for three reasons - why did Southampton get rid? his managerial record is worse than ollies was before he joined us? he always seems a miserable bastard

Happy to give him a chance though

[Corky]

dont really know why we went for him for three reasons - why did Southampton get rid? his managerial record is worse than ollies was before he joined us? he always seems a miserable bastard

Happy to give him a chance though

Southampton got rid of him because they couldn't afford to keep him on, if they could he'd have stayed there. I wouldn't call him miserable, considered is the word I would use.

[davieG]

How did he buy the club then, I take it you assume he used loans for that about 18 months ago he was the good samaritan people were asking for his autograph,back slapping, you will never know what the situation was when he took over the club BUT without him there is possibilty we could still me be in a financial mess or at worst with no club.

Well as I understand it buying the club cost him about £700k less than we paid for DJ. As you say we don't know what would have happened if he'd not bought the club equally we don't know how much he has really invested and we wont until he decides to move on.

So I'll reserve my judgement and will not praise him until I know for sure because up to now all he has brought to the club, whatever his intentions may have been is relegation.

[Rich Fox]

You seem mighty sure that MM has put actually money into the club and not just loans and yet you question the money Elsom wasted on PT which wasn't generally loans but the money received for Heskey. Most of our debts at the time of administration related to the stadium and the player's extortionate contracts.

I've yet to see any concrete evidence that the MM money has no strings attached. If it is loans or the like then that makes him worse than previous Chairmen because he would be putting the very existence of LCFC at risk should we fail to reach the Premiership.

Davie g your on here again blaming milan for everything thats ever gone wrong at lcfc, he probably picked us up for peanuts who gives a shiney shite, surey thats a good thing if you think about it. We were probably the only club of our size in the blooby country never to have any investment, all our previous chairman have been complete shithouses. Who cares if milan has put loans in if he does what he did at pompey and sells us to some russian consortium who have put millians in there we would all be happy surely.

If there were any local businessmen who wanted to invest in lcfc they would have came in when we were in administration but there is no jack hayward out there, milan is our best option.

[Sniffer-Clarke]

Well as I understand it buying the club cost him about £700k less than we paid for DJ. As you say we don't know what would have happened if he'd not bought the club equally we don't know how much he has really invested and we wont until he decides to move on.

So I'll reserve my judgement and will not praise him until I know for sure because up to now all he has brought to the club, whatever his intentions may have been is relegation.

I agree with some of what say but not all in football its a tradition to lay all the blame at the chairmans feet when things go wrong. When the teams successful the manager gets all the praise.Talk to some of portsmouth fans and they think the sun shines out his arse look where they were before he went there and where they are now.I do beleive he has made some very bad mistakes and i dont beleive football his is forte but i dont know for sure but i would imagine he is a decent business man to amass the dough he has.I think you know that there was not a leicestershire business man who was going to help us out when we were in administration so like the other guy said he was our best option.

[act smiley]

You seem mighty sure that MM has put actually money into the club and not just loans

A certain amount of it, £4.5m for each of the first two seasons, were a condition of the deal. Anything beyond that may well be loans, but its in the paperwork that he's got to put in that much, albeit not necessarily into the playing squad.

[Corky]

Davie g your on here again blaming milan for everything thats ever gone wrong at lcfc, he probably picked us up for peanuts who gives a shiney shite, surey thats a good thing if you think about it. We were probably the only club of our size in the blooby country never to have any investment, all our previous chairman have been complete shithouses. Who cares if milan has put loans in if he does what he did at pompey and sells us to some russian consortium who have put millians in there we would all be happy surely.

If there were any local businessmen who wanted to invest in lcfc they would have came in when we were in administration but there is no jack hayward out there, milan is our best option.

What if he doesn't do what he did at Pompey? What if he gets fed up and walks out? How the hell are we going to pay off the loans and debts he may leave us with?

I care, and you should to.

[davieG]

I agree with some of what say but not all in football its a tradition to lay all the blame at the chairmans feet when things go wrong. When the teams successful the manager gets all the praise.Talk to some of portsmouth fans and they think the sun shines out his arse look where they were before he went there and where they are now.I do beleive he has made some very bad mistakes and i dont beleive football his is forte but i dont know for sure but i would imagine he is a decent business man to amass the dough he has.I think you know that there was not a leicestershire business man who was going to help us out when we were in administration so like the other guy said he was our best option.

Plenty of businessmen coughed up to get us out of administration, as for the time when Mandaric took over, well I believed he cleverly manipulated the situation in order to ensure the current board to accepted his offer, granted there didn't seem to be to many alternatives but ironically the threat of relegation certainly helped his cause.

Of course there are Portsmouth fans who eulogise him but there are many who recognise his success depended vary heavily on Harry Rednapp who he stumbled across and then very nearly wrecked.

A certain amount of it, £4.5m for each of the first two seasons, were a condition of the deal. Anything beyond that may well be loans, but its in the paperwork that he's got to put in that much, albeit not necessarily into the playing squad.

It may have been a condition of the deal but I don't recall any conditions as to how that money was to be realised, so it could all or part be in loans, whether they are personal loans, and this could be at varying levels of interest or loans secured against the assets of the club (Training ground) we don't know.

As I said he may be all above board but I'll reserve judgement because there's been many examples of Chairmen appearing as Knights in shining armour who've been found out to be less philanthropic or even the 'straight' businessmen they were deemed to be, Sam Hamman (sp) springs to mind.

[Samilktray]

500k for Fryatt, 500k for Clemence and 500k for Oakley

Do you need reading lessons muppett!

Now, Now.

No need for the name calling chap.

[Daggers]

dont really know why we went for him for three reasons - why did Southampton get rid? his managerial record is worse than ollies was before he joined us? he always seems a miserable bastard

Three cracking reasons, I hadn't noticed his apparent misery myself but now you've pointed it out I'll be sure to keep an eye out for it.

[Chrysalis]

Well it's about time he started, then. The millions spent since his arrival have hardly brought progress, have they?

Pearson will have to wheel and deal in the summer, the same as any manager would have done if Mandaric wasn't here.

Of course, but if the old board were in charge we would be selling mattock and co for 200k each as we would be desperate and accept any bid, but now we dont need money so if players do go we at least get their value, when I say funding improvements I mean what the manager sees as an improvement.

[Chrysalis]

You seem mighty sure that MM has put actually money into the club and not just loans and yet you question the money Elsom wasted on PT which wasn't generally loans but the money received for Heskey. Most of our debts at the time of administration related to the stadium and the player's extortionate contracts.

I've yet to see any concrete evidence that the MM money has no strings attached. If it is loans or the like then that makes him worse than previous Chairmen because he would be putting the very existence of LCFC at risk should we fail to reach the Premiership.

He has put in 9 million minimum, rest is unproven and could well just be loans.

[Daggers]

He has put in 9 million minimum, rest is unproven and could well just be loans.

[Rich Fox]

What if he doesn't do what he did at Pompey? What if he gets fed up and walks out? How the hell are we going to pay off the loans and debts he may leave us with?

I care, and you should to.

If he gets fed up and walks away well be left in the same state our previous incompetent boards left us in, isnt that the reason we should want him to stay? I agree with a lot of the fans fustrations he has made a right mess of things totally useless so far, but the players who came from other clubs with big reputations seem to get off lightly with most city fans on here, for me they didnt give 100%.

[Chrysalis]

cant be arsed finding a link, but the deal of the takeover was devalued what was current shares and created new ones which he paid 9 million for. The payments were 2 4.5 million payments which were both paid on time in fact the 2nd one was paid early according to the foxes trust. He still has yet to pay the existing shareholders for their shares yet I believe, with the relegation they will only get something like 10p in the £. With the manager comings and goings, players brought in in all and the fact the club was running at a 7 million annual deficit before he came in, then in all likelyhood he has also provided more money from somewhere as well, either garuantueering loans to the club, loaning the club money himself directly or simply investing more although the former are more likely.

[Chrysalis]

What if he doesn't do what he did at Pompey? What if he gets fed up and walks out? How the hell are we going to pay off the loans and debts he may leave us with?

I care, and you should to.

a lot of what if's in football, itself is generally a gamble for investors and they typically should be prepared to lose their money.

[Daggers]

cant be arsed finding a link ...then in all likelyhood [insert conjecture here]

Exactly.

This is nothing more than your supposition on what he may or may not have spent and does not constitute fact. Your £9million figure is as valid as the £25million one the Merc bandy around with annoying frequency. I doubt we'll get anywhere close to a true idea until the club is sold or goes into admin.

[Chrysalis]

the 9 million is fact believe me, any ex shareholder and the foxes trust will verify it. I just spent 5 minutes trying to find a link but its all the 25million rubbish. How I found out was a online document posted on talkingballs site which I read when he took over was ages ago now. The foxes trust also posted a reply to one of my posts today that the ex shareholders got their 10% at the turn of the year, so he paid that out in addition to his 9 million although that 10% didnt go into the club that was for the remainding shares.

[act smiley]

This is nothing more than your supposition on what he may or may not have spent and does not constitute fact. Your £9million figure is as valid as the £25million one the Merc bandy around with annoying frequency. I doubt we'll get anywhere close to a true idea until the club is sold or goes into admin.

I'm certain there's a joke there that I just don't get...

[Daggers]

.