The short answer to the opening question is yes. Partly because there are so many variables in the wider, global economy and, ultimately, our financial security is closely linked to that of KP. The near collapse of the entire KP business last year isn't a secret and the pressures on their business models continue.
Without Vichai, there has been very little diversification of and/or clear vision for the business – even after the shock of Covid-19, when most businesses in the sector identified it as a priority. The KP executives/the wider family recognised where the issue is and that's why Top got removed as CEO and put in his box last year, effectively removing him from all decision-making in the wider business.
Ironically, one of the KP divisions that has been making money is King Power Racing – ie. the horses. But to put that into context, the amount of annual profit it makes is roughly the same as Winks' wages in a month.
We think it's grim for LCFC – and it is. But the financial issues are wider and deeper and reach far beyond what those who work for the club can control. This, however, doesn't excuse the terrible mis-management and incompetence within the LCFC executive team. The horse racing business is an example that, with good and competent people in charge who know what they're doing, the different divisions of KP can (and should) operate successfully.