Owners are at the Boro game on Saturday. 12th minute applause?

[C-man]

I had an actual dream last night, clear as day, that the reason they 'wiped the debt' was in order to butter us up for Red Bull to come in and buy us.

[MooseBreath]

Documented by who? As far as I can recall that's something Top said when they bought the club. It's bullshit, designed to ingratiate themselves with the fans. This is a business to them, no more.

And as for the twat above who claims those who do not believe the owners deserve credit are probably xenophobic/racist, **** right off. The reason I don't give them credit is because they've done no more than they're supposed to do. They're supposed to run the football club properly. I wish people would applaud me to turning up to work every day.

They've given the club over £100m of their own money chappy, that's a little bit above and beyond the day job in my personal opinion likesay

[Beliall]

I had an actual dream last night, clear as day, that the reason they 'wiped the debt' was in order to butter us up for Red Bull to come in and buy us. 

 

 

 

oh god no "the leicester city red bulls"

[Guest MattP]

Actually, they are Leicester fans, believe it or not, they were at Wembley watching us beat Tranmere.

 

I heard he was at the Oxford game when Tony James kept us up.

[cityfanlee23]

oh god no "the leicester city red bulls"

 

 

Wouldn't be long until we got our champions league football then !!

[BoroWeasel]

Why does it matter if he's local?

 

Genuinely cares about the club and is from the area. 

 

Not just an investment or a 'playtoy' as some people call it.

 

Wouldn't be where we are without Steve Gibson, we owe him so much.

[indierich06]

£30m of the debt was left over from Mandaric. That's money they've essentially gifted the club with no realistic hope of much return. I don't see many people queuing up to give us £30m.

The rest of the debt was accumulated through buying the stadium, getting us a cat 1 academy, improving the training ground, and buying and paying players like Nugent and Kaspar, who among others look like leading us to the premiership.

Again, that's money they've gifted to the club, with not much hope of a return. All this talk about 'the debt' as if it was all spent on coke and hookers. It was all spent on improving the club, and the results of that are plain to see. Plus in reality it was never even a debt, the owners said they were going to wipe it out and that's what they did. The investment was structured in a tax efficient manner. Essentially they have gifted the club over £100m.

We've already clapped the owners so we dont need to do it again, but the people who are refusing to acknowledge that they deserve a lot of credit are coming across as a bit weird, probably xenophobic, possibly racist.

 

**** off. Not one person who has said we shouldn't be kissing the owners arses just yet has mentioned anything whatsoever about the owners' race or nationality, so you can put that one back in the deck.

 

As I said, they've done a good job so far, but they've made some terrible mistakes along the way. If they hadn't forced Pearson out the second they arrived, then  who knows where we would be right now. But instead, they set us back about three seasons. Also, I wouldn't say any of the money spent on bringing Sven or the majority of his band of highly paid mercenaries to Leicester did anything to 'improve the club'. And if the position we're in is '80% down to money' then we should have run away with the league under Sven - we didn't. Money is nothing if it's not spent wisely - and that's down to the manager, 100%.

 

And can you stop with the 'they've gifted the club £100m' line. If they wanted to do that, they'd just clear the debt and hand over the stadium and the facilities to the club, free of charge, they wouldn't have bothered turning debt into equity. If they turn us into an established Premier League club, they will make a packet out of selling us - plus they own the stadium and the training facilities, both of which are worth a fortune too. So don't make out they're never going to see any of that £100 milion (if that's even the correct figure) again.

 

If they get us promoted this season, they'll have the thanks of every single City fan out there - and rightly so - but at the minute it's a half finished job and people who recognise that shouldn't be branded as racists or xenophobes by posters like you, because we don't hold the same opinions.

[Carl the Llama]

Documented by who? As far as I can recall that's something Top said when they bought the club. It's bullshit, designed to ingratiate themselves with the fans. This is a business to them, no more.

 

And as for the twat above who claims those who do not believe the owners deserve credit are probably xenophobic/racist, **** right off. The reason I don't give them credit is because they've done no more than they're supposed to do. They're supposed to run the football club properly. I wish people would applaud me to turning up to work every day.

If you were pretty much the main reason your company was still able to compete with others, you'd probably see a bit of grateful recognition too.  Though you sound like the type who holds in their shits until they're on the clock, so I wouldn't hold my breath.

[truebluethroughandthrough]

I don't dislike them, since the mistakes of Sven I've been impressed by them, even more so in the summer when they stuck with Nigel.

I don't believe they should be lauded though for removing a debt they created. Let alone the interest they pocketed on it for two years.

What about buying our stadium?

What about investing millions into our academy.

And to say they created ALL the debt is just wrong, they bought the club with over 20 million debts.

But the most obvious reason for an effortless applaud is, it is just that, EFFORTLESS!!

Some of our fans like them, some may not, but they haven't had to do any of the above so a little applaud for their efforts and money as a way of cheers won't hurt you, will it.

Miserable gits. 

I will be singing all game and of course I can smack my hands together on the twelfth minute as a gesture.

To intentionally not do so is imo very childish. You talk of Martin George, but how much of his own money was invested?

If I remember correctly, he was chairman, not owner, and director of a consortium. 

[Beliall]

Wouldn't be long until we got our champions league football then !!

 

 

I'd rather watch the team yo-yo forever than have a bull either side of our badge

[Leicester_Numan]

Documented by who? As far as I can recall that's something Top said when they bought the club. It's bullshit, designed to ingratiate themselves with the fans. This is a business to them, no more.

And as for the twat above who claims those who do not believe the owners deserve credit are probably xenophobic/racist, **** right off. The reason I don't give them credit is because they've done no more than they're supposed to do. They're supposed to run the football club properly. I wish people would applaud me to turning up to work every day.

There is obviously a financial reason for being here, anyone can support the club without buying it. But to suggest that buying back the stadium, upgrading all the facilities and wiping out the debt was done because they were supposed to do it is daft, they're owners not directors appointed to run the club. The money has come from them not the club.

They didn't have to do any of it and they did it knowing they may never see that money again, certainly if we don't get promoted. They haven't messed with the history or traditions of Leicester City and they could have sat back and just raked in the interest on the money they lent us. They haven't done so. Their financial intentions upon reaching the premiership remain to be seen but I have no reason to believe they'll milk the club for all it's worth and leave us in the lurch.

If people wish to believe they're here purely for financial reasons and they have no feeling for the club whatsoever they're free to do so but it doesn't add up, their actions suggest they have more feeling for us than they're given credit for.

For the record, I won't be applauding, it's been done and I'll applaud when we go up. If we're going to applaud anyone at all, it should be Pearson but that should also wait until promotion is achieved. It can still all go horribly wrong as we know all too well.

[Babylon]

They have already had their applause, if they bothered to turn up they would have heard it themselves... as it is, I'm sure they have been told about it.

[MooseBreath]

**** off. Not one person who has said we shouldn't be kissing the owners arses just yet has mentioned anything whatsoever about the owners' race or nationality, so you can put that one back in the deck.

As I said, they've done a good job so far, but they've made some terrible mistakes along the way. If they hadn't forced Pearson out the second they arrived, then who knows where we would be right now. But instead, they set us back about three seasons. Also, I wouldn't say any of the money spent on bringing Sven or the majority of his band of highly paid mercenaries to Leicester did anything to 'improve the club'. And if the position we're in is '80% down to money' then we should have run away with the league under Sven - we didn't. Money is nothing if it's not spent wisely - and that's down to the manager, 100%.

And can you stop with the 'they've gifted the club £100m' line. If they wanted to do that, they'd just clear the debt and hand over the stadium and the facilities to the club, free of charge, they wouldn't have bothered turning debt into equity. If they turn us into an established Premier League club, they will make a packet out of selling us - plus they own the stadium and the training facilities, both of which are worth a fortune too. So don't make out they're never going to see any of that £100 milion (if that's even the correct figure) again.

If they get us promoted this season, they'll have the thanks of every single City fan out there - and rightly so - but at the minute it's a half finished job and people who recognise that shouldn't be branded as racists or xenophobes by posters like you, because we don't hold the same opinions.

Mandaric let Pearson go, Mandaric appointed Sousa, Mandaric appointed Sven. The current owners bought into Sven's charisma, as did thousands of fans (some, incredibly, still do) and that was a mistake I think they would be more than happy to admit to.

Since Mandaric left they sacked Sven (correct decision), bought back Pearson (correct decision), let Pearson get on with it (correct) and stuck with him during a spell last year when plenty of fans were calling for his head (correct).

One understandable mistake, hugely outweighed by numerous correct decisions. And that's before we talk about money.

I'm not saying money guarantees success. I'm saying no money guarantees no success. Were you a city fan from about 2004 to 2008? We had no money back then, and we were shit. We had managers who were capable of getting clubs promoted, but got us relegated because the standard of the players we could afford was so totally shit. If you think we'd be anywhere near the top of the league without the players we've been able to buy with the owners money then you're fooling yourself.

They have gifted the club over £100m. That's exactly what the conversion of debt to equity was. What are you talking about "handing over" things to the club? They own the club. There is no separation between 'the club' and 'the owners', they are the same thing.

[Happy Fox]

Mandaric let Pearson go, Mandaric appointed Sousa, Mandaric appointed Sven. The current owners bought into Sven's charisma, as did thousands of fans (some, incredibly, still do) and that was a mistake I think they would be more than happy to admit to.

Since Mandaric left they sacked Sven (correct decision), bought back Pearson (correct decision), let Pearson get on with it (correct) and stuck with him during a spell last year when plenty of fans were calling for his head (correct).

One understandable mistake, hugely outweighed by numerous correct decisions. And that's before we talk about money.

I'm not saying money guarantees success. I'm saying no money guarantees no success. Were you a city fan from about 2004 to 2008? We had no money back then, and we were shit. We had managers who were capable of getting clubs promoted, but got us relegated because the standard of the players we could afford was so totally shit. If you think we'd be anywhere near the top of the league without the players we've been able to buy with the owners money then you're fooling yourself.

They have gifted the club over £100m. That's exactly what the conversion of debt to equity was. What are you talking about "handing over" things to the club? They own the club. There is no separation between 'the club' and 'the owners', they are the same thing.

 

Incorrect, Mandaric let NP go on the advice from the Thais who wanted to install Sousa (there buddy - was seen at the playoff semi final).

[Corky]

Who are the better owners? I can't remember any owner investing anywhere near as much money into the infrastructure and playing squad.

You think Pearson could have us top without the owner's money? With a team full of Kennedys and Bakayogos and Futacs? Come off it mate. It's 20% Pearson, 80% money.

 

As I said earlier Martin George got managerial appointments correct and helped us to the Premier League twice from the verge of Division Three.

 

Pearson has had nowhere near the investment that other managers have had and they never got us at the top, let alone top six. Pearson and his network have brought in all but four or five key players right now (Nugent, Schmeichel, Konchesky and Moore being the exceptions), so yes money has helped to an extent but research into players was huge.

[BrummieFOX]

They've made some good decision and bad ones. If they deserve applause then so do lots of other people at the club.

 

People clamber over themselves these days to show that they care, give to charity, support worthy causes, care when someone they've never met dies. There's no need. If you love the owners and appreciate what they've done then write to them or, if they had if their way, buy a box for you and your whole family and only wear Puma.

 

I feel my £1000's spent following the team is appreciation enough.

[shade]

They have already had their applause, if they bothered to turn up they would have heard it themselves... as it is, I'm sure they have been told about it.

 

i can comprehend people not being keen to overly-praise the owners, but some of the passive-aggressive hostility is just bizarre to me.

[Babylon]

i can comprehend people not being keen to overly-praise the owners, but some of the passive-aggressive hostility is just bizarre to me.

 

I don't think anyone minds praise of the good things the owners have done, and there is a fair debate about being thankful to them for wiping out a large chunk of their own debt. There is much we don't know the full facts on at the moment, people keep bringing up the stadium as part of the debt being paid off, but we don't yet know the ins and outs of that. That could have been bought through another arm of their company and be renting it back, or planning on doing so at a later point. I'm not so sure that's part of the £100m they just wiped out.

 

I also think people find it a little sycophantic in some ways, which I can understand. What if Top nips for a piss on the 12th minute, do we do it again at the next game?

[Voll Blau]

Wouldn't be long until we got our champions league football then !!

 

Except it would't be Leicester City any longer so "we" wouldn't be getting anything.

[shade]

I don't think anyone minds praise of the good things the owners have done, and there is a fair debate about being thankful to them for wiping out a large chunk of their own debt. There is much we don't know the full facts on at the moment, people keep bringing up the stadium as part of the debt being paid off, but we don't yet know the ins and outs of that. That could have been bought through another arm of their company and be renting it back, or planning on doing so at a later point. I'm not so sure that's part of the £100m they just wiped out.

 

I also think people find it a little sycophantic in some ways, which I can understand. What if Top nips for a piss on the 12th minute, do we do it again at the next game?

 

so tempered cynicism instead of cautious gratitude? i don't think there's anything wrong with a little sycophantism, when you could argue that they are the first owners we have ever had who have been willing to really put their money where their mouth is. three cheers for top!

[Number 6]

Would rather we heard some "One Nigel Pearson" chants. He seems to get little personal vocal support compared to other managers, and that's despite doing a very decent job.

[lcfc1994]

Genuinely cares about the club and is from the area.

Not just an investment or a 'playtoy' as some people call it.

Wouldn't be where we are without Steve Gibson, we owe him so much.

Ah true I suppose.

[Jace]

I was going to start a new thread regarding this but instead thought I would put forward this idea in here and if it generates enough interest maybe then I will. What I was thinking was how about in another game in the not too distant future we have a minutes applause to Conrad Logan to thank him for the years of loyal service he has provided us despite not playing? We could even approach the club to see if they would be willing to fund or subsidise some type of visual decoration to go with it like Conrad Logan cardboard masks and those big foam hands designed in the style of Conrads signature gloves that all the fans could wear as a sign of respect? Opinions please?

[Hungry Hungry Fox]

I would hope that we'd all agree that the owners at least deserve praise for standing by NP last season when so many people were calling for his head.

[Babylon]

so tempered cynicism instead of cautious gratitude? i don't think there's anything wrong with a little sycophantism, when you could argue that they are the first owners we have ever had who have been willing to really put their money where their mouth is. three cheers for top!

I like the owners, I have stood up for them previously, and I think they are doing a good job. But there is a fair argument about them just clearing up their own mess, so to speak.