Recent content by The Walrus

The answer to this is really simple. World football needs to wake up and stop paying ludicrous salaries to grown men who kick balls around for a living. Until there is a wage cap clubs are going to talk themselves into debt.

Oooooh Nasty

I hope you are correct. As I said, I am not a natural pecimisst. I prefer to look for positives. The thread was meant purely to encourage some debate. i am a bit confused as to why you think the squad is now better though?

Ahh but the mystery benefactor would only be allowed to invest a tiny percentage of their wealth. :)

:icon_lol: No not quite. I certainly hope that we aren't in the position where we need to worry about going down. It seems odd that having made the playoffs last season that we would have to worry about such things, but we were very poor from Feb last year. Granted, we did make the...

I'm not a person to panic or jump to silly conclusions so I hope that this post is taken in the spirit it intended, which is simply one of healthy debate. From about February of last season we experienced what I consider to be relegation form. I really don't see what has changed to suggest...

I just want the trust to follow up on their post in the 'who will be next' thread. In that thread the trust say:- "The club stated when releasing those accounts that they had an intention to convert loans to equity, but we don't know if that is all of the loans or some of them. We have...

Yikes.

Without wishing to appear too melodramatic, if we do not address the debt, a museum might be the best we can hope for. There damn sure won't be a football club.

Seems to me that that there is a lot of talk about holding on to money in case of a financial crisis but no real clarification on what is being done to avert a crisis. We are tens of millions of pounds in debt. A contingency fund of a couple of hundred grand is a tiny bit like pissing into a...

:icon_lol:

So what was the outcome of the moan in. Was anyone enlightened as to how our debt will be managed?

There was no rash assumption. My question was actually in response to your post in this thread. I assumed, perhaps incorrectly, that you would monitor your own posts just in case someone took the time to respond to you? If not, then forgive me. I do not live in Leicester and so will not be...

So that you can't miss it, it is post #305.