Deal done this week....

[homer]

I have heard the same thing from a Palace fan

Must be true, then

First the East Anglia Times, then Duzza, now your mate.........

 

[Micky]

The Dowie thing WILL happen.

he did a good job at palace. turned them from a nothing team to a premiership side. got to be better than the current incumbent or should I say incompetant

 

[highland fox]

Must be true, then

First the East Anglia Times, then Duzza, now your mate.........

I didn't say he was a mate

 

[Durham Fox]

Worst kept secret in football, even RK will know it.

 

[Real Sharapova]

he did a good job at palace. turned them from a nothing team to a premiership side.

and turned them in to a championship team again, and look what a great job he did at Charlton with all that money. A one season wonder IMO.

 

[homer]

and turned them in to a championship team again, and look what a great job he did at Charlton with all that money. A one season wonder IMO.

I'd be happy for one good season right now

 

[Nottingham Fox]

and turned them in to a championship team again, and look what a great job he did at Charlton with all that money. A one season wonder IMO.

Plus he's the ugliest fcking guy on the planet. Hey you guy's springs to mind ....

 

[highland fox]

and turned them in to a championship team again, and look what a great job he did at Charlton with all that money. A one season wonder IMO.

How about Oldham? You seem not to want MM,not ID,what do you think would produce an upturn in our fortunes or do you think its ok to slide gently into Division 1 and obscurity.Something needs to be done and Kelly is a woeful Manager...IMO

 

[homer]

How about Oldham? You seem not to want MM,not ID,what do you think would produce an upturn in our fortunes or do you think its ok to slide gently into Division 1 and obscurity.Something needs to be done and Kelly is a woeful Manager...IMO

It's Ok, HF - we've got all these great kids coming through, and we can easily sell one or two players in the summer to keep us afloat

The future is bright, I'm telling you

 

[SilverFox]

Plus he's the ugliest fcking guy on the planet. Hey you guy's springs to mind ....

I didn't realise how attractive a manager is was important to you.

 

[Boy Genius]

How about Oldham? You seem not to want MM,not ID,what do you think would produce an upturn in our fortunes or do you think its ok to slide gently into Division 1 and obscurity.Something needs to be done and Kelly is a woeful Manager...IMO

RS is waiting for Cappello to come and bring half the Real Madrid team with him....

 

[Real Sharapova]

How about Oldham? You seem not to want MM,not ID,what do you think would produce an upturn in our fortunes or do you think its ok to slide gently into Division 1 and obscurity.Something needs to be done and Kelly is a woeful Manager...IMO

MM is coming, I remain to be convinced by what he brings to the party, but I sincerely hope it works out. As for Dowie, I'm not saying Kelly is a better manager, I just hate the fecker, he got lucky once, just like Adams.

 

[Boy Genius]

MM is coming, I remain to be convinced by what he brings to the party, but I sincerely hope it works out. As for Dowie, I'm not saying Kelly is a better manager, I just hate the fecker, he got lucky once, just like Adams.

I hate Kelly too, and I agree he got lucky last season

 

[highland fox]

MM is coming, I remain to be convinced by what he brings to the party, but I sincerely hope it works out. As for Dowie, I'm not saying Kelly is a better manager, I just hate the fecker, he got lucky once, just like Adams.

But Adams did well with Fulham and Brighton

 

[SilverFox]

Adams is better than Kelly IMO

 

[newtonfox]

We'll speed up Mandaric deal - new City chairman

Leicester City's new chairman Jim McCahill today said the depleted board would drive through Milan Mandaric's £25million takeover bid.

In fact McCahill believes the speed of negotiations will increase.


His comments come three days after the resignation of previous chairman Andrew Taylor and director Greg Clarke, the third largest shareholder who was an original member of the consortium which rescued City from administration in 2003.

McCahill, who was deputy chairman under Taylor, now leads a seven-man board which, I understand, will recommend Mandaric's terms to the shareholders.

McCahill said: "The proceedings will be accelerated and, hopefully, it will all go through.

"It is a shame about those who resigned. There was no fall-out, and we are all still friends.''

The departure of Taylor and Clarke was the latest twist to a saga which has dragged on for three months since the Serbian-American tycoon launched his takeover plans.

The delay has caused much frustration for both the fans and manager Robert Kelly, who was unable to use the tycoon's money during the January transfer window to bolster his squad.

The shock departures brought to three the number of resignations since Mandaric announced his bid for City on November 1.

James Johnson was the first to go at the end of December and it is believed he was against certain aspects of the deal.

All three - Taylor, Clarke and Johnson - were present at an extraordinary general meeting of City shareholders on November 18 when the green light was given to Mandaric's takeover.

That allowed Mandaric's advisors to look at the books during a process of due diligence and, after extra debt was revealed, he submitted revised terms which were also given the thumbs-up.

However, although agreement in principle was reached, the deal appears to have got bogged down and delayed by detail.

There is much speculation about the nature of these problems but it is unclear exactly what has happened because the negotiations have been conducted under a veil of secrecy.

The City board are, I understand, totally united in their efforts to land the deal.

Mandaric cannot comment on the details of what is an internal matter, but he will be encouraged by the positive noises emanating from the Walkers Stadium. His impatience matches that of the fans, and he has watched with dismay as date after date set for completion has come and gone.

But, with the seemingly interminable paperwork now being "accelerated", the way seems clear of any obstacles.

Hate to say this ... but we had Ian Bason from the FT on foxpodder after the game. He said the bid document isn't in yet and it's therefore unlikely to be done next week - possibly the week after. He said that the last "indicative" bid that came in last week was significantly worse and in any event was bad enough for Taylor, and Clarke to walk away .. so theres no guarantee that the deal will go through! Just another twist? Or the last knockings? Judge for yourself.

FFS FT :icon_roll :icon_roll :icon_roll :icon_conf :icon_eek:

 

[drew]

RS, in the same light can you explain to me how the board have cut the costs to cover the £10 million shortfall in revenue from Parachute Payment, Connolly sale and lower attendances?

The FT admitted that the cost cuts no where near met the savings needed. Somewhere there is a big debt, maybe not to the banks but its there.

 

[SilverFox]

Nowt to worry about IMO.

 

[Real Sharapova]

RS, in the same light can you explain to me how the board have cut the costs to cover the £10 million shortfall in revenue from Parachute Payment, Connolly sale and lower attendances?

The FT admitted that the cost cuts no where near met the savings needed. Somewhere there is a big debt, maybe not to the banks but its there.

Craig Levein, for all his faults, did a great deal to reduce the club's outgoings. A figure I have heard bandied about is that we are losing £30,000 per week - not fantastic, but manageable at the moment. Nobody is arguing that we need new investment, that was why Andrew Taylor was brought in, I'm just a bit cynical about what MM wants to do with our club and how he proposes to finance it. If it works I will be the first to applaud him, I can assure you.

 

[Jeff]

RS, in the same light can you explain to me how the board have cut the costs to cover the £10 million shortfall in revenue from Parachute Payment, Connolly sale and lower attendances?

The Connolly money is irrelevant, we spent most of it on players so we're only losing that amount if we spend the same amount on players again, which we haven't.