newtonfox
Active Member
I think this response is about as credible as the role played by the Foxes Trust during the Mandaric takeover process.
There is undoubtedly a potential problem. We have an elderly owner who has set a relatively short timeframe for restoring the club to the premiership. That return would obviously boost the club's value and enable a potential and ultimately inevitable sell on.
Unfortunately, owing to on-going poor football management, the club's on the park fortunes have diminished rather than improved and the owner's timeframe now looks very optimistic indeed. It's a no brainer to work out that this could have very serious future implications for a high spending second or even third tier outfit.
I can see one certainty in this uncertain situation and that is that the Foxes Trust would neither be in a position to resolve the financial problems nor broker a financial solution and to be honest I don't think that it's in the Trust's interests to hint otherwise.
spot on RF