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Babylon

Losses of £5m-£6m

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Posted
:thumbup:

Have a day off lads.

Makes me laugh this anti Mandaric brigade. Any old excuse to demean the man.

Thank god,thought it was only me that thought this :giggle:

Posted

Whatever the outcome of the Mandaric 'Era' if (it can be called that), i for one am grateful to the man.

The football business is, i think, a much dirtier and cut-throat business than most of us get to see.

Milan is 75 years old and i can totally see him selling on or at least making preparations.

I just hope it's to the right people. :scarf:

Posted
Thank god,thought it was only me that thought this :giggle:

Nope, you're not alone.

Posted
Thank god,thought it was only me that thought this :giggle:

I also can't believe the negativity about the man. he saved the club, and of course he wants to make money, thats the whole point of being in business! the main thing is that we continue to survive, unlike some. Honestly, this site at times is like the radio leicester moan in on line. what next, bring back walshy and cotee? :frusty:

Posted
MM will do his utmost to get us in the premiership and support NP as much as he can. As soon as that is achieved, he'll be looking for potential buyers and leave.

It's as simple as that people.

So whats wrong with that then, assuming he sales to a reputable source? Lets face it, even if he keeps Leicester for life, how much longer is that going to be?

If what he is doing is so bad, then people should be making moves now to remove him and see where that gets us?

Posted
"It is always coming out of my pocket, out of my money in America which I work very hard to earn and pay all my taxes on, to bring here to support the club.

I suspect this has as much to do with his up coming court case then any desire to be open to the fans.

Softening up his image is hardly an unknown defence tactic. We'll probably hear next that his real name is Brian. ;)

:thumbup:

Have a day off lads.

Makes me laugh this anti Mandaric brigade. Any old excuse to demean the man.

Why on Earth would he otherwise mention that he pays tax on his 'hard-earned' money? Everybody pays tax, it's a self-given... oh wait, who's to appear in court facing tax evasion charges?

It's not about being anti-Mandaric, but we know all too well how Milan likes to put his spin on things. Milan is a business man first and foremost, and he should be seen as that. Questioning his intentions in that respect is surely a good thing then. I'm sure everyone appreciates what he's done to help the club, but that doesn't mean that we should be gullible and eat his statements raw :dunno:

Posted

Milan!

There's only one Milan!

He hates the taxman!

There's only one Milan! ;)

Im glad he bought us. he's radio rental.

Posted

If he's banged in 20m of his own cash then you can't complain, ( although plenty still do ) how many people who post on

here would write off that sort of money if they had it.

Look around at other clubs like Palace and Cardiff, things could be much worse.

Posted
If he's banged in 20m of his own cash then you can't complain, ( although plenty still do ) how many people who post on

here would write off that sort of money if they had it.

Look around at other clubs like Palace and Cardiff, things could be much worse.

First of all, you're taking his word for it, because you really don't know where the alleged 20 million is coming from. But let's just say that's what's really the case. Why should that exempt him from criticism or scepticism? We all agree that this guy is a businessman first and foremost, so his involvement with the club should be seen as an investment, not a charitable donation. Hence, the guy will always think money first. There's no harm in that, it's his club. It just means that he will think about how he can recoup his investment at some point, and that will have priority over everything else that relates to this club. People have (rightly) questioned his motives and statements (covering the deficit with own money, in it for the long haul, selling off training ground is a good thing, etc etc) as owning and running LCFC in its current state is clearly not good business. Yes it could be worse, but Milan himself suggests that we're far from being out of the woods yet. Maybe we're not that far away from ending up like Palace. The club is very much at his mercy. The point I'm making is simply that everyone should be prudent and take his words with a grain of salt, instead of naively believing that Milan is a Foxes fan, who'll run himself to the ground to help this club and it's amazing fans.

Posted
The point I'm making is simply that everyone should be prudent and take his words with a grain of salt, instead of naively believing that Milan is a Foxes fan, who'll run himself to the ground to help this club and it's amazing fans.

That's fair enough and I agree, but that's not the case on here. Anything Milan related is bolloxed off as crap and anything he releases to the press is deemed a lie without any logical explanation other than he's a football chairman. :dunno:

We would be stupid not to question his business decisions with reasonable argument but that's not the case. People put the man down to feed their own interests. I mean if Milan is doing something which seems pro active everyone assumes it's for his own personal interests without explanation.

Posted

Yet thinking MM is here out of the goodness of his heart is not laughable.

Posted
Yet thinking MM is here out of the goodness of his heart is not laughable.

I don't think anyone is saying that MM is here out of the goodness of his heart :dunno:

That's fair enough and I agree, but that's not the case on here.
We would be stupid not to question his business decisions with reasonable argument but that's not the case.
Posted
That's fair enough and I agree, but that's not the case on here. Anything Milan related is bolloxed off as crap and anything he releases to the press is deemed a lie without any logical explanation other than he's a football chairman. :dunno:

We would be stupid not to question his business decisions with reasonable argument but that's not the case. People put the man down to feed their own interests. I mean if Milan is doing something which seems pro active everyone assumes it's for his own personal interests without explanation.

I wouldn't say there haven't been any reasonable arguments. Milan has admitted that he'll listen to any potential investors. The story about the sale of Belvoir Drive, which made little footballing sense. The continuing huge losses which Milan allegedly covers through money from his own pocket. Why should these things not lead to reasonable questions? Of course the things Milan does are for his own interests. He's a business man taking care of his money, not a sugardaddy. This doesn't necessarily mean that it's either good or bad for the club, but that's where the fans have to stay vigilant. And which own interests exactly do you think the sceptics on here are feeding?

I'm really no expert on football finances, and despite all the media-coverage and stories since the many millionaires have started taking over football clubs, I've not become any wiser on why football clubs attract the huge amounts of investments they do. Many clubs, even big clubs, are seemingly not viable, so why the huge influx of investments? The happenings at Portsmouth leave me a bit discomforted, and Milan's upcoming court case hasn't exactly increased his credibility.

On a side note, you failed to address the Milan quote on tax, which was irrelevant to his overall message and conveniently timed, don't you think?

Posted
I don't think anyone is saying that MM is here out of the goodness of his heart :dunno:

But if he's not here for personal gain/interest, then what is he here for?

Posted
I wouldn't say there haven't been any reasonable arguments. Milan has admitted that he'll listen to any potential investors. The story about the sale of Belvoir Drive, which made little footballing sense. The continuing huge losses which Milan allegedly covers through money from his own pocket. Why should these things not lead to reasonable questions? Of course the things Milan does are for his own interests. He's a business man taking care of his money, not a sugardaddy. This doesn't necessarily mean that it's either good or bad for the club, but that's where the fans have to stay vigilant. And which own interests exactly do you think the sceptics on here are feeding?

I'm really no expert on football finances, and despite all the media-coverage and stories since the many millionaires have started taking over football clubs, I've not become any wiser on why football clubs attract the huge amounts of investments they do. Many clubs, even big clubs, are seemingly not viable, so why the huge influx of investments? The happenings at Portsmouth leave me a bit discomforted, and Milan's upcoming court case hasn't exactly increased his credibility.

On a side note, you failed to address the Milan quote on tax, which was irrelevant to his overall message and conveniently timed, don't you think?

Like I said before, there's nothing wrong with the arguments you've listed and you have every right to question his motives, but unfortunately you're in the minority of people who actually pose logical arguments against Milan whereas others will slate the guy to join in with the bandwagon. That's the only point I was trying to get across.

The story about the sale of Belvoir Drive, which made little footballing sense.

There was a whole article about the benefits e.g. better sports science facilities. :thumbup:

Posted

Mandaric was contractually obliged to invest 9m anyway once he bought the club, and arguably cost us another 8m in his first full season of managerial madness when he took us down, perhaps more once the wages of mental signings like N'Gotty are taken into account.

Posted

No matter what we say or think.

Milan has the purse strings and the control over all transactions footballing and admin.

We are buying our season tickets earlier since Milan took over, however last season with the earlybird and the family discount I paid £45 less than in the relegation season. yes i know we were in the first division but keeping our best players worked.( :thumbup:) I am paying the same next season. Even if we get promoted, with 19 games it equals £22.26 for an adult and a 16 year old. For the Champ it is only £18.39. I think that people saying to drop prices would not work. to get a larger following you need to be in the Prem.

Milan may not be perfect but he has tried to do his best for the Club as it would be bad business for himself not to.

He was always going to cash in when if we got promoted. Business and plan spring to mind.

Moaning about signings that don't work out is easy in hindsight.

Perhaps Milan should send out a shopping list with the price of the players we want, get a majority decision on who to buy and also how much their wage should be.

The players we brought in last year and this will be on acceptable wages for this division.

I have come to the conclusion that common sense, patience, and the normal rules will never be the norm when passions run so high about your own club.

yes everyone is entitled to their opinion so i expect some stick, but it is has been enjoyable to be a Leicester fan for the last 2 seasons.

I will always love LCFC but will not always enjoy it.

I also know that the Milan doubters are worried for the club.

Sometimes like in the fast flowing water you have no alternative but to go with the flow.

Need to duplicate the atmosphere from Sat for the last 6 games.

Cuz when you are smilin the whole world smiles with you.

Posted
But if he's not here for personal gain/interest, then what is he here for?

Again I think everyone is well aware he's a businessman. You only seem to to be looking at the extremes of each circumstances and painting him in one of two brackets, i.e. ruthless businessman, here to take the clubs to the cleaners for another few million in the bank or fun loving Milan, here to spend all his money in the world without a care in the world.

Can't someone be a happy medium? :dunno:

Well as you quoted me in an earlier post I'll respond, my feelings towards Mandaric is one of healthy cynicism, I've heard so many Chairmen of clubs come out with the same spin and then are ultimately proven to be at best total incompetents or at worst criminals and clubs have ended up on their arses.

I'm not saying Mandaric is one of these but until we see some honest, open, clear cut statements from him that aren't awash with double talk and wishy washy statements that's the way I'll remain.

Oh and I know he's a businessman first and so much of the above is par for the course and part of the portfolio of businessmen and I simply do not trust any businessmen I don't know personally.

So nothing personal MM you just happen to be on a long list of mine.

Davie, to be fair I respect your comments and the quote of your comment was no way aimed directly at you. I respect your views on Milan and in the past we have locked horns, but you always provide reasnoable arguments and not just a personal vendetta. :thumbup:

Posted
Like I said before, there's nothing wrong with the arguments you've listed and you have every right to question his motives, but unfortunately you're in the minority of people who actually pose logical arguments against Milan whereas others will slate the guy to join in with the bandwagon. That's the only point I was trying to get across.

There was a whole article about the benefits e.g. better sports science facilities. :thumbup:

Hmmm, I've not noticed much slating of Milan on here. Maybe I'm not reading the threads they appear in. I've read plenty of reasoned comments that question Milan's statements and actions though. :dunno: I guess some bandwagoneers hop on because they're convinced by the arguments presented to them. Still, I've no idea what personal interests they would be furthering...

Posted
Again I think everyone is well aware he's a businessman. You only seem to to be looking at the extremes of each circumstances and painting him in one of two brackets, i.e. ruthless businessman, here to take the clubs to the cleaners for another few million in the bank or fun loving Milan, here to spend all his money in the world without a care in the world.

Can't someone be a happy medium? :dunno:

When will you ever learn that I play Devil's Advocate?

Posted
When will you ever learn that I play Devil's Advocate?

Well who on this forum doesn't? :ph34r:

Anyway I think I'm going to leave it on that note as I'm starting to cringe reading my own posts.

By the way I'm sure there's a interview with Mandy on late kick off on BBC 1 for those interested. Could be wrong though.

Posted
No matter what we say or think.

Milan has the purse strings and the control over all transactions footballing and admin.

I also know that the Milan doubters are worried for the club.

Sometimes like in the fast flowing water you have no alternative but to go with the flow.

Indeed and the sceptics might be worried that the club won't be better off once he leaves. He might also be the next Simon Jordan. We don't know do we? We can just pray that it all works out. If alarm bells are seriously ringing, I doubt that all fans will 'go with the flow' and idly watch as the club disintegrates...

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