city for sale

[SilverFox]

I bet the Hearts fans are gutted by what Romanov has done to their club.

There they were happily poddling about in mid-table; ground slipping out of the club's hands and master-minded by the managerial genius that is Craig Levein.

Then along comes Romanov and things start to implode: Levein brings his massive talents to the Walkers and now they have had to contend with finishing second in the SPL; winning the SFA Cup and having to play all those extra games in the European Champions League.

I can see your point only too clearly.

How long before he sells their ground though. Prime real estate! Watch this space!

 

[Real Sharapova]

I bet the Hearts fans are gutted by what Romanov has done to their club.

There they were happily poddling about in mid-table; ground slipping out of the club's hands and master-minded by the managerial genius that is Craig Levein.

Then along comes Romanov and things start to implode: Levein brings his massive talents to the Walkers and now they have had to contend with finishing second in the SPL; winning the SFA Cup and having to play all those extra games in the European Champions League.

I can see your point only too clearly.

I understand that almost all the money he has put in is borrowed from a Lithuanian bank - I think they might want their money back sometime.

 

[Foxes_Trust]

Yes - that's really great to hear that Leicester City Football Club are basically around average financial strength in the second tier of English football.

I am immensely cheered by that news together with the fact that the club has such intelligent rules that more or less preclude any individual investment significant enough to move the club forward.

I am sure that the FT is right in thinking that we would all prefer the present set up rather than the opportunity for any overly ambitious individual to selfishly pursue any pot hunting or that sort of stuff.

I think its much better for the FT and the rest to have a strong voice in the boardroom than the club to win football matches.

That was a selective edit Redditch, why not both paragraphs as in:

"The Norfox article indicates that our new chairman has stated the existing owners would step aside if a guy who would splash the cash turned up. Several other significant shareholders have also said directly to us they would be wiling to do so. Wouldn't hold your breath of anybody actually doing it though.

Don't agree with the grim sentiments of the article though, our playing budget will still be greater than over half of the division & it wasn't all the large budget clubs that made the play offs this season or previously."


The reason the club was set up the way it is was to protect it it from 'here today gone tomorrow individuals'

Surely you have been watching what happened at Derby, while our new owners kept the club on a sound financial footing, Derby's ran up a further £15m debt & still appeared to spend little on players ending up like us in the table last year.

There is too much time wasted dreaming about a big investor, the consortium contacted hundrerds of individuals seeking their involvement when we were in administration, few put their money in.

As we had just come down from the Premiership then & were in good form to go back, there is no doubt we are less of an attractive proposition now then we were then, therefore only a 'real' City fan would be interested & they would have surely got involved before unless their wealth is recently gained (like our new chairman & the deal he got when leaving McDonalds)

 

[Redditch Fox]

That was a selective edit Redditch, why not both paragraphs as in:

Fair comment.

 

[Redditch Fox]

How long before he sells their ground though. Prime real estate! Watch this space!

You might just have this the wrong way round.

My understanding is that Hearts were in serious danger of losing the gound before Romanov bought the club.

However, I think the main points at issue are as follows:

1. Is it likely that a big money person will come in for LCFC? - probably not;

2. If there was such an opportunity from an individual/ consortium, should it be deterred ?- depends on who it is and their prospectus;

3. Do the current restrictive rules help? - no they don't.

At the back of all this is the fact that the club had a seriously miserable season and we are only feeling reasonably benign because, somehow, RK, his assistants and the players managed to turned it round in the last couple of months. All I am saying is that I don't think there is adequate resources available to anticipate that the undoubted progress can be necessarily maintained.

 

[newtonfox]

Well done Newton..........1k and counting..

thx lads here's to the next 1k :icon_bigg

 

[Feriol]

1. Is it likely that a big money person will come in for LCFC? - probably not;

2. If there was such an opportunity from an individual/ consortium, should it be deterred ?- depends on who it is and their prospectus;

3. Do the current restrictive rules help? - no they don't.

You can only control who might take control by having the restrictions we have (look at Man Utd.)

From the Foxes Trust comments it seems that if a buyer turned up that woud truely help the club, the rules would be changed. but the restrictions ensure that no 'undesirables' could take over.

 

[Real Sharapova]

You can only control who might take control by having the restrictions we have (look at Man Utd.)

From the Foxes Trust comments it seems that if a buyer turned up that woud truely help the club, the rules would be changed. but the restrictions ensure that no 'undesirables' could take over.

You've encapsulated my views on this matter in about a 1,000 words less than I'd have done! Well done and thank you!

 

[fcukcov]

thx lads here's to the next 1k :icon_bigg

Well done Newton.

 

[DesertFox]

Hearts + Romanov = it WILL end in tears.

thx lads here's to the next 1k :icon_bigg

Good work, Newty Baby!

 

[step]

Hearts + Romanov = it WILL end in tears.#

As will Chelsea, but they will enjoy it while it lasts

 

[SilverFox]

You can only control who might take control by having the restrictions we have (look at Man Utd.)

From the Foxes Trust comments it seems that if a buyer turned up that woud truely help the club, the rules would be changed. but the restrictions ensure that no 'undesirables' could take over.

And as we saw with Man U...everyone has a price. Mcmanus and Magnier (?) certainly did!

Thats not to say anyone would be likely to want to spend anything like the amount of money on Leicester that was spent on Man U.

On another note, does anyone else feel that the current board don't do enough to raise the profile of the club, or attempt to attract investment. They have had 2 years since relegation to try to attract investors who might be able to make up for some of the parachute shortfall...and from what I can tell have done nothing.

Disturbing!

 

[Real Sharapova]

And as we saw with Man U...everyone has a price. Mcmanus and Magnier (?) certainly did!

Thats not to say anyone would be likely to want to spend anything like the amount of money on Leicester that was spent on Man U.

On another note, does anyone else feel that the current board don't do enough to raise the profile of the club, or attempt to attract investment. They have had 2 years since relegation to try to attract investors who might be able to make up for some of the parachute shortfall...and from what I can tell have done nothing.

Disturbing!

I do recall, that at the time of administration a hell of a lot of companies/individuals were canvassed for support. I would be surprised if the same sort of thing was not continuing, but you never know. I would suggest it is a point you may wish to direct to the Foxes Trust.

 

[Brauny Blue]

A belated well done Newton fox

 

[SilverFox]

I do recall, that at the time of administration a hell of a lot of companies/individuals were canvassed for support. I would be surprised if the same sort of thing was not continuing, but you never know. I would suggest it is a point you may wish to direct to the Foxes Trust.

Go on then Foxes Trust, whats the deal? What have the club been doing to try to encourage investment/raise the club's profile

 

[newtonfox]

A belated well done Newton fox

thanks mate