Leicester look to new Training Ground

[Ford Super Sunday]

This from someone who berated Lisa for not having evidence.

What is a fact is that up to today Manadaric bought LCFC for approx £600k and that includes Belvoir Drive, spending £15mill on LCFC defies all logic for a man who's reportedly worth £75 mill, that's a massive proportion of his worth. Let's also not forget Hoo's constant pronouncements that the club needs to be self sufficient, which I agree with but is directly opposite to your perception of Mandaric putting in £15mill.

Finally if he really has put in anything like £15mill then heaven help us because that would indicate to me he's a shit businessman.

I bet Man City wish their owner would spend 20% of his 500 Billion fortune on them

[Edmund]

The point is most of the reasons given in the report are minor irritations and could easily be replaced by different irritations through moving, oh and you don't need to move to Loughboro to use their facilities.

Maybe so. Only hindsight will tell. I think having all the training facilities in one complex would be more beneficial than spread across the county.

The point I was making was like you said it's all a business and he's out to make a profit that's why the rest is bullshit or padding.

Exactly hence why I'm surprised your so shocked by the clubs actions. At the end of the day every company has to have good business ethics and look good to it's consumers. Just on TV yesterday KFC were advertising how there chicken was quality and fresh and you'd get the impression they were using the finest free range chickens available.

At the same time it's a catch 22. Milan needs us to succeed on the pitch as well as off for him to see a decent return in his fortunes. Why he would want to put a big dent into the training regime makes no sense.

I'm not naive enough to know that financial reasons aren't just as important as football matters but I'd like to think that it's not just one interest at heart and he does care about moving the club to the next level especially as it's in his own interests.

Selling the training ground is a money making exercise which isn't a bad thing as long as the money made is invested back in the club rather than being taken out of the club, if we end up renting at Loughborough the club has lost an asset and if the University decided to terminate a deal at some point in the future the club would have to find money to build a new training facility.

I agree with all that's said. To me it looks like more of a short term fixture if we were to move to Loughborough. A shrewd deal to give us quality facilities at the fraction of the price of developing from scratch. I think Milan is still relying on promotion in the near future so that we could then possess top class facilities of our own which then becomes a club asset and add value to the club when he goes to sell.

PS. Milan has put nowhere near £15m in the club, he has guaranteed extra debt but this in no way equates to investing his own money.

To be honest I don't know the ins and outs of the deal and trust you know more than me. I know he has written off debts but wasn't sure if he had actually invested his own money. I didn't want to mention it but all in all he has helped us financially wether it be directly or indirectly.

[davieG]

Maybe so. Only hindsight will tell. I think having all the training facilities in one complex would be more beneficial than spread across the county.

Exactly hence why I'm surprised your so shocked by the clubs actions. At the end of the day every company has to have good business ethics and look good to it's consumers. Just on TV yesterday KFC were advertising how there chicken was quality and fresh and you'd get the impression they were using the finest free range chickens available.

At the same time it's a catch 22. Milan needs us to succeed on the pitch as well as off for him to see a decent return in his fortunes. Why he would want to put a big dent into the training regime makes no sense.

I'm not naive enough to know that financial reasons aren't just as important as football matters but I'd like to think that it's not just one interest at heart and he does care about moving the club to the next level especially as it's in his own interests.

I agree with all that's said. To me it looks like more of a short term fixture if we were to move to Loughborough. A shrewd deal to give us quality facilities at the fraction of the price of developing from scratch. I think Milan is still relying on promotion in the near future so that we could then possess top class facilities of our own which then becomes a club asset and add value to the club when he goes to sell.

To be honest I don't know the ins and outs of the deal and trust you know more than me. I know he has written off debts but wasn't sure if he had actually invested his own money. I didn't want to mention it but all in all he has helped us financially wether it be directly or indirectly.

1) Proof!

2) You don't know that, he may just have increased the debt levels.

Untill there's some honesty coming out of the club I'll believe the later because there's no evidence of Mandaric ever putting his own money into a club.

[lou]

Forgive me but, I have an excellent idea...

Lets keep things tight on the pitch as we are doing well, we look as if we will finish top 6 and be in the playoffs & that is a great success for this season. We don't need premiership football, so it matters not if we do not strengthen the side.

Also our training facilities are in an area where you could easily put up 17 x 5 bedroom houses say half a million each so there is £8.5 Million income for a builder, so the land has to be worth £x Million so that is pure profit to the club. that is great news no? Actually I think that Milan should take all of this money & place it into a high % paying Swiss or Cayman Islands Bank Account, he deserves no less for rescuing our football club from our debtors.

When he is found innocent against these false accusations surrounding Portsmouth F.C you will see I am right, also to those whom suggest he would do a similar thing at Leicester shame on you! He really really loves this football club, he would never put the club in a position above himself. It is as if you believe he is here just too make as much cash as possible & flog us, you have no faith!

What do we need a training facility for? When we sign players YES they comment on how it is up too Premiership standard & how impressed they are, but do we really need a nice area to train? Anyway I am sure Milan will once again get out his cash & build us a bigger better International standard Training facility to dwarf & eclipse our current one. Remember he has already paid out £25Million for us & we lost millions when we went into League 1 which we all really enjoyed

If you doubt Milan, You are not a Leicester City fan! He loves this club! He is there every game week in week out proper supporter! get behind your chairman, get behind your football club, and stop this moaning!

Ive heard its social housing but either way it wouldnt be that few houses for that big a price, theyll cram about 150 houses/flats at least on that plot!

[Monk]

I thought we covered all of this when the news originally came out??

[Kilworthfox]

Ive heard its social housing but either way it wouldnt be that few houses for that big a price, theyll cram about 150 houses/flats at least on that plot!

Well there you have it Milan is a humanitarian as well, giving people homes to live in in this bitterly cold weather, St Milan of Novi Sad, bless

[Edmund]

This from someone who berated Lisa for not having evidence.

What is a fact is that up to today Manadaric bought LCFC for approx £600k and that includes Belvoir Drive, spending £15mill on LCFC defies all logic for a man who's reportedly worth £75 mill, that's a massive proportion of his worth. Let's also not forget Hoo's constant pronouncements that the club needs to be self sufficient, which I agree with but is directly opposite to your perception of Mandaric putting in £15mill.

Finally if he really has put in anything like £15mill then heaven help us because that would indicate to me he's a shit businessman.

To be honest I don't know the ins and outs of the deal and trust you know more than me. I know he has written off debts but wasn't sure if he had actually invested his own money. I didn't want to mention it but all in all he has helped us financially wether it be directly or indirectly.

To be fair Davie as I said above I don't know the ins and outs and was doing a bit of guesswork based on newspaper articles.

At least I'm going on some sort of literature from an external source wether true or not rather than hearsay.

What newspaper articles? The Merc would have you believe that he paid £25mill for the club.

[Ford Super Sunday]

Ive heard its social housing but either way it wouldnt be that few houses for that big a price, theyll cram about 150 houses/flats at least on that plot!

Isn't social housing another word for council estate, soap dodging low life?

[Sir Fynwy]

Ive heard its social housing but either way it wouldnt be that few houses for that big a price, theyll cram about 150 houses/flats at least on that plot!

The planning permision for the county arms site has 13 appartments and 13 houses in it so the training ground site is likely to get 150 plus as you say, who needs space thse days?

[Sir Fynwy]

To be fair Davie as I said above I don't know the ins and outs and was doing a bit of guesswork based on newspaper articles.

At least I'm going on some sort of literature from an external source wether true or not rather than hearsay.

It's a fact that MM has only paid 10p in the pound for the shares (about £600,000), it's also a fact that general debt has increased and no reduction in the stadium debt (you just need to look at the books), I don't understand how people can believe that there has been significant investment in the club.

[Edmund]

I don't know if Edmundo might work for Loughbrough Uni or just likes arse licking them

You what?

[lou]

The planning permision for the county arms site has 13 appartments and 13 houses in it so the training ground site is likely to get 150 plus as you say, who needs space thse days?

Its my job to know these things!

If theyre are any plans Il know well in advance as theyll have to send a enquiry into us for the water requirements.

[Edmund]

It's a fact that MM has only paid 10p in the pound for the shares (about £600,000), it's also a fact that general debt has increased and no reduction in the stadium debt (you just need to look at the books), I don't understand how people can believe that there has been significant investment in the club.

I'm just going on what I read in the newspapers at the time.

e.g. http://www.mirrorfootball.co.uk/match-cent...ticle40375.html

[Sir Fynwy]

I'm just going on what I read in the newspapers at the time.

e.g. http://www.mirrorfootball.co.uk/match-cent...ticle40375.html

But that story is a load of bollocks to please the lunatic fringe at Leicester, take a look at the annual accounts rather than MM's publicity.

[Flynny]

Hang about, so long as he invests the money rather than pocketing it, which is more likely than not in my (naive) opinion, what's the problem if we end up with better facilities and a few quid to spend?

[Kilworthfox]

Hang about, so long as he invests the money rather than pocketing it, which is more likely than not in my (naive) opinion, what's the problem if we end up with better facilities and a few quid to spend?

Nothing, but as you suggest, what is more likely?

[CosbehFox]

Ive heard its social housing but either way it wouldnt be that few houses for that big a price, theyll cram about 150 houses/flats at least on that plot!

It's got to be social housing as there are very few developers willing to take the risk of self-funding a housing project at the minute. There are few empty sites available for major housing developments on the density you say (take the slow development of Saffron Ln Stadium's site for example) but unless they receive funding via government or development agencies most of them stay empty.

[CosbehFox]

Would that not be a mild form (or even a blatant form) of asset stripping by our chairman, should he sell it for loads and then shunt us into rented facilities at Loughborough?

Yeh and you'd be surprised at the likes of Villa and Everton have done it recently. Sell the land within the ringroad of the city and purchase elsewhere out of the way but nearby a motorway.

[Tony Pine]

so does anyone know where we stand on how much debt the club has?

[Kilworthfox]

so does anyone know where we stand on how much debt the club has?

Yeah lots!

More than feared.

Don't expect any new signings unless we rid players in Jan

[Daggers]

Hang about, so long as he invests the money rather than pocketing it, which is more likely than not in my (naive) opinion, what's the problem if we end up with better facilities and a few quid to spend?

Firstly, that's a hope and a prayer that I simply don't buy into. And then, even if he did, it's akin to hocking the family silver to buy lottery tickets. He goes tomorrow, having stripped us of an asset and left us with a rental on a new place and midfielder - are we left better or worse off as a club for this?

It comes down to trust and I don't trust him for a second - his mouth floods lies to the media on a continual basis for the inept-at-thinking to swallow with every turn of a Mercury page. He'll sally forth with tales of how he's been ripped off and invested a wedge to anyone who'll listen, but his history leaves him lacking credibility.

[Daggers]

[Kilworthfox]

Daggers does it again

[Fox in a Box]

Maybe they are aspiring for a better facility like this...and this is about 9 months old this clip, very interesting...

http://www.youtube.com/watch?v=EJNrBMwakJI...feature=related

[Fox You Forest]