Foxes Trust Register Complaint to Football League

[MrSpaM]

I think the only reason i'd let this run on is if there not telling us just incase it pushes the price of players up in january we might be after. I don't think the clubs letting on to exactly how much were going to be able to spend, i get a feeling it's a fair bit.

If it's not because of that they should have told us by now though.

[davieG]

I think the only reason i'd let this run on is if there not telling us just incase it pushes the price of players up in january we might be after. I don't think the clubs letting on to exactly how much were going to be able to spend, i get a feeling it's a fair bit.

If it's not because of that they should have told us by now though.

If that was the case they could have had a quiet word with the FT to resolve it.

[breadandcheese]

As I said, I am not saying the club and it's owners should be unacountable. I just think that publicly calling them in to question before there is any due cause for alarm is not only rocking the boat but largely smacks of the Trust looking to flex their sense of importance.

The question is, what is the right time to question the owners?

On reflection, I guess the ship has already sailed, that we've been taken over so it's all too late. Milan is being paid back and jumping ship at the earliest opportunity, so he will have no responsibility in the future (unless he's involved in the consortium somewhere), so we have to hope that this Thai consortium is substantial and that they're not going to turn us into the next Portsmouth.

This is the joke that football finance is.

[marbelladave]

As I said, I am not saying the club and it's owners should be unacountable. I just think that publicly calling them in to question before there is any due cause for alarm is not only rocking the boat but largely smacks of the Trust looking to flex their sense of importance.

Assuming this could be handled privately between the club, Trust and league - why, at a time when fans are finally feeling upbeat and optimistic - would you look to cause alarm or bring yet more attention to the persistent drama of our boardroom.

We don't even know that there's anything sordid about our ownership so why make a scene in public? I welcome the Trust's exploration into our well-being but I stand by what I said, the announcement could have waited until there WAS an issue.

But I suppose if they got their way without announcing it first, gasp, they might not get the credit.

Personally I feel it is simply about transparency and accountability, clubs get into trouble because the people who own/run the clubs are able to take the kind of liberties that 'normal' businesses would find impossible. They can do this because they have an incredibly loyal customer base, (the fans) who can be lied to and misdirected virtually at will, look at our own chairman....

We have seen clubs looted by incompetent, avaricious owners who walk away leaving the creditors with next to nothing and the club in ruins, the only defense against this being the new rules that require openness and accountability.

Frankly, I'm all for it...

[evs_the_fox]

Oh yes this is just what we need, we start playing well, got a bit of money behind us, and then a bunch of idiots try and get the club to look bad.God damn, who gives a shits? We're playing well, everything else looks sorted, just get behind the team.If people spent as much time supporting this club as trying to drag it down we would be 15 points clear.

Who gives a shit? Its done, were on the way up, were finally playing decent football. Trying to make the club have a bad name? Fools.

Wow. Could you two have any more of a short-term outlook?

If we were on a poor run, would it be okay to ask the question then?

I think it's safe to say we all want the club to be around, and in a healthy state, long after Top get's bored. So let's have the details please.

Now's the perfect time to ask - while we're the first (and only, currently?) club to have had a takeover since the new rules came in to place.

Why wait 6 months, a year or more? It'd be even more ridiculous then.

While it's still fresh and not too far down the line then let's get everything out in the open so everyone knows where we stand.

Then we can fully enjoy every success that's hopefully coming our way.

[Foxes_Trust]

Prior to writing to the Football League and keeping fans informed that we had done so, we had:

- Written to the club asking them to release the information

- Posted on several message boards (which the club monitor) our intention to contact the Football League if the information wasn't released

We therefore provided the club plenty of chances to contact us & provide reasoning for not releasing.

Remembering the FL will have had the ownership details for 2 months before ratifying (FL confirmed they had this info when we first spoke to them), that is now 3 months in total of not telling the fans

[Finnegan]

Mm, I think I am either being unclear or you're missing the crux of my point.

Put another way: why could the trust not have privately made their complaint to the league, the league have privately passed judgement and in a week or two we all have read about Barry Zuckercorn, our til-now hidden investor with it appearing on the club's terms?

I'm happy to believe, until there is evidence to say otherwise, that there is a reasonable reason why he is still unknown.

I'm not being an ostrich, I just don't want unnecessary drama.

[unreachable]

Prior to writing to the Football League and keeping fans informed that we had done so, we had:

- Written to the club asking them to release the information

- Posted on several message boards (which the club monitor) our intention to contact the Football League if the information wasn't released

We therefore provided the club plenty of chances to contact us & provide reasoning for not releasing.

Remembering the FL will have had the ownership details for 2 months before ratifying (FL confirmed they had this info when we first spoke to them), that is now 3 months in total of not telling the fans

Is it possible that no individual owns more than 10% and therefore no public disclosure need be made? No individuals at Leeds United fall within the definition.

[Babylon]

I'm happy to believe, until there is evidence to say otherwise, that there is a reasonable reason why he is still unknown.

Is it crazy to hope that it's because he's a zillionaire... and we don't want to release his name now in case it pushes up the prices in January.

[MPH]

I just care about getting 3 points in our next game.

[Guest Basildon Fox]

I just care about getting 3 points in our next game.

I care who is in control of our football club and how long they plan on sticking around. They have obviously passed tests set down by the football league which is encouraging so I do not understand why the supposed third investor (is it only one?) remains a mystery.

The argument about pushing prices up is doubtful as most in the game will probably already know or at least i imagine have a good idea of who is investing so why leave fans speculating?

[Raj]

Since The Thais and then Sven got involved with City ive said that we could be the next Pompey.

When MMandric leaves we will be left with people like Lee Hoos and the Thias(who are hardly mega billionaires and aint got a clue about English League football)

However whilst results are going well,the average fan doesnt give a fcuk about whats going on inside the club.

Only when they are in the positions of Pompey,sheff Wed does it come home to roost.

Up the City!

[haraven]

What's all the stick being thrown at Foxes Trust for?

The question is fair, timely asked since we've been promised news after the ratification of transfer of the club. We have a right to know, and the knowledge about the groups who owns the club is adament for the future.

Kids, this isn't the latest Harry Potter movie at the cinemas with popcorn and energy drink - this is real life, our football club - you should applaud that someone actually sits down and asks some important questions. FT has the knowledge, will and stamina to check the important parts behind the curtains. It pisses me off that some so blatantly cuddles in on the joyride without acknowledging the important work of fellow fans.

If this means we will find out the ownership structure, and finally get a better understanding of who owns the club - it can only be positive. If there is nothing wrong, fantastic, but we have a right to know the state of the club.

[bettso]

Prior to writing to the Football League and keeping fans informed that we had done so, we had:

- Written to the club asking them to release the information

- Posted on several message boards (which the club monitor) our intention to contact the Football League if the information wasn't released

We therefore provided the club plenty of chances to contact us & provide reasoning for not releasing.

Remembering the FL will have had the ownership details for 2 months before ratifying (FL confirmed they had this info when we first spoke to them), that is now 3 months in total of not telling the fans

When you find out who the investor is, what then?

[Raj]

When you find out who the investor is, what then?

Its not a question of doing anything when we do find out who the other bloke is(Indonesian by the way!)

It'd just be nice to know who actually parts own our football club.

Wouldnt you wanna know who owns the company you work for?

[bettso]

Its not a question of doing anything when we do find out who the other bloke is(Indonesian by the way!)

It'd just be nice to know who actually parts own our football club.

Wouldnt you wanna know who owns the company you work for?

Honestly? No. I do know who owns my company but if I didn't I can honestly say it wouldnt make any difference to me.

Don't get me wrong, i'm not having a dig at the trust for wanting to know, but I do think that registering a complaint is a bit strong and not particularly the best thing to do at this stage of a new investment. As you say, we know the unknown party is from Indonesia, and there could be a plethora of reasons why they dont want to be named that are completely acceptable.

Taking this sort of action will only give them and others watching on a negative impression.

Now we know who King Power are and have no reason to think that they are anything but genuine. The trip to Thailand certainly seemed to put to bed any fears the playing staff had and Sven seems to be making all the right noises and meanwhile, on the pitch we are improving significantly.

MM has said that the investor will be revealed shortly once some issues are sorted out so why make a complaint?

All this talk of having a right to know who the investors are seems to be now be bordering on childishness.

[Raj]

Honestly? No. I do know who owns my company but if I didn't I can honestly say it wouldnt make any difference to me.

Don't get me wrong, i'm not having a dig at the trust for wanting to know, but I do think that registering a complaint is a bit strong and not particularly the best thing to do at this stage of a new investment. As you say, we know the unknown party is from Indonesia, and there could be a plethora of reasons why they dont want to be named that are completely acceptable.

Taking this sort of action will only give them and others watching on a negative impression.

Now we know who King Power are and have no reason to think that they are anything but genuine. The trip to Thailand certainly seemed to put to bed any fears the playing staff had and Sven seems to be making all the right noises and meanwhile, on the pitch we are improving significantly.

MM has said that the investor will be revealed shortly once some issues are sorted out so why make a complaint?

All this talk of having a right to know who the investors are seems to be now be bordering on childishness.

BUt like you say EXACTLY why does the new investor not want to be revealed and is it not worrying that"things have to be sorted out" before they are revealed.

WHY would you not want to be named as the new part owner of a footy club?...Give me one reason?

Dont get me wrong,i dont lie awake thinking about who the other investor is,ive got other things to worry about,but i know some people who's livelihoods may depend on the longevity of LCFC.

[artursteppe]

Since The Thais and then Sven got involved with City ive said that we could be the next Pompey.

When MMandric leaves we will be left with people like Lee Hoos and the Thias(who are hardly mega billionaires and aint got a clue about English League football)

However whilst results are going well,the average fan doesnt give a fcuk about whats going on inside the club.

Only when they are in the positions of Pompey,sheff Wed does it come home to roost.

Up the City!

This is so bizare I can't believe it! Sven and Top were both watching the reserves the other day. That shows probable committment to the club ( although some Leicester fans would no doubt tell us that it was a devious ploy to hide the fact that they are a bunch of con-men ). If the football authorities are happy that their new protective covenants are being adhered to, I see no reason to demand knowledge of who the additional investor is if it is to the club's short term financial advantage with particular referance to forthcoming transfer negotiations.

The Foxes Trust were once valid, and I do not mind them being around, but it strikes me that the main motivation for some of the sceptics is regarding themselves as being more important than they are.

I am over the moon with where our wonderful ( and soon to be GREAT ) Club is at the moment.

Maybe all those with small minds with no ambition should choose a club to support that fits their pettyness.

[Raj]

This is so bizare I can't believe it! Sven and Top were both watching the reserves the other day. That shows probable committment to the club ( although some Leicester fans would no doubt tell us that it was a devious ploy to hide the fact that they are a bunch of con-men ). If the football authorities are happy that their new protective covenants are being adhered to, I see no reason to demand knowledge of who the additional investor is if it is to the club's short term financial advantage with particular referance to forthcoming transfer negotiations.

The Foxes Trust were once valid, and I do not mind them being around, but it strikes me that the main motivation for some of the sceptics is regarding themselves as being more important than they are.

I am over the moon with where our wonderful ( and soon to be GREAT ) Club is at the moment.

Maybe all those with small minds with no ambition should choose a club to support that fits their pettyness.

THIS,im sure is exactly what Pompey fans said after they won the FA Cup!!!.

Ive mad my point

Take it or leave it i aint fussed.

Up the Shitty!!!

[bettso]

BUt like you say EXACTLY why does the new investor not want to be revealed and is it not worrying that"things have to be sorted out" before they are revealed.

WHY would you not want to be named as the new part owner of a footy club?...Give me one reason?Dont get me wrong,i dont lie awake thinking about who the other investor is,ive got other things to worry about,but i know some people who's livelihoods may depend on the longevity of LCFC.

They could own or have a stake in another football club and wish to sever ties before announcing their involvement with Leicester.

They may be investors in another company for a contracted period of time and therefore cannot make themselves known publicly until that particular contract has expired.

They could be a politician so therefore cannot declare an overseas business interest until their term in office is over.

They could be Osama Bin Laden pretending to be Malaysian.

[MPH]

I care who is in control of our football club and how long they plan on sticking around. They have obviously passed tests set down by the football league which is encouraging so I do not understand why the supposed third investor (is it only one?) remains a mystery.

The argument about pushing prices up is doubtful as most in the game will probably already know or at least i imagine have a good idea of who is investing so why leave fans speculating?

As you said, they have already passed the fit and proper persons test, so what else really matters?

Don't you think that , because of his impending court case, any deal involving mandaric is going to be watched more closely than a page 3 model at Belmarsh?

They passed the test. That's all that matters. We will add nothing significant to our lives by. Knowing a name.

Bring on Saturday and 3 points!

[Sir Fynwy]

The league rules state that owners do not have to be declared until April 2011, the league has ratified the club ownership so it's hardly likely that a seriously dubious character is involved. Maybe the 3rd owner has stacks of cash and doesn't want to let other clubs know that until after the January transfer window so that our transfer targets don't get inflated values.

[davieG]

The league rules state that owners do not have to be declared until April 2011, the league has ratified the club ownership so it's hardly likely that a seriously dubious character is involved. Maybe the 3rd owner has stacks of cash and doesn't want to let other clubs know that until after the January transfer window so that our transfer targets don't get inflated values.

You really think the owners of other clubs especially those in the FL don't already know who the owners are?

[B52]

clubs get into trouble because the people who own/run the clubs are able to take the kind of liberties that 'normal' businesses would find impossible.

"normal" businessmen can do anything as long they have the board with them.

If the buyers is approved by the new rules why is it important to do a public announcement.

The buyers is from thailand and it maybe is a conflict in that country affecting the will to commit openly. It can affect the will to invest but that is not of any interest for the Foxes Trust, is it?

I can understand the worries if it still is possible to do anything like the circus around Notts County with a fake 5 mil. commitment from a bank in London and so on.

[Tommy G]

The new owner is in Custody at the moment - In Japan. He is being released on Jan 4th so expect a statement then.

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