Takeover Bid - Trust Update

[Durham Fox]

If it did work on that basis crewe would be in the champions league............ or in the premier at the very least!

Exactly and in any case do they really think the SMALL crop of decent fisrt team players we have will hang around waiting for a bunch of 16/17/18 years olds to mature for what could take 4/5/6 years?

Laughable

 

[Dunc]

Its a very cosy idea but proven not to work, surely they must realise the odds of even one of those players actually making the grade as a Championship player let alone Premiership are slim, 2 unlikely and 3 about 10000-1??

And the odds of MM and Alain Perrin getting us into the PL are?!

Its a safer route for the club in the boards eyes, and its easier to tell when they are 16/17/18 than if we were banking on a 14yr old.

I don't think Leicester have had this good a bunch of youngsters ever, and RK strength is working with youngsters.

 

[homer]

Spot on. The most successfull youth side ever at Man U produced 5 or 6 players of the required class, are we saying our under 18's are even half as a good a side. Dillusional.

It is a strategy based on blind hope, with no basis in the real world

And no plan B

Utter madness

 

[Durham Fox]

And the odds of MM and Alain Perrin getting us into the PL are?!

Its a safer route for the club in the boards eyes, and its easier to tell when they are 16/17/18 than if we were banking on a 14yr old.

I don't think Leicester have had this good a bunch of youngsters ever, and RK strength is working with youngsters.

A lot lot lot higher than waiting for a bunch of kids to develop in 4/5/6 years time.

Football is a short term business, always has been, always will be

 

[SilverFox]

And the odds of MM and Alain Perrin getting us into the PL are?!

Its a safer route for the club in the boards eyes, and its easier to tell when they are 16/17/18 than if we were banking on a 14yr old.

I don't think Leicester have had this good a bunch of youngsters ever, and RK strength is working with youngsters.

Nil. I shouldn't imagine they will ever work together again...


But Mike Newell could be looking for a new job very soon!!

http://uk.sports.yahoo.com/13112006/1/apologetic-newell-faces-luton-d-day.html

 

[PFKAKTF FOX]

If it did work on that basis crewe would be in the champions league............ or in the premier at the very least!

But we have the facilities and potential to at least reach the premiership, and if we can do that then there is a good chance we can retain a good few of these players.

Crewe have always been a team that don't have terrific facilities or resources and have spent most of their existence in the lower reaches of English football or at best fighting relegation in the championship. They have had to sell to survive and also to allow their better players the opportunity to realise their potential and ambition to play at the highest level.

 

[Durham Fox]

Take a look at the number of England Schoolbays weve had over the years, how many are currently playing in the Premiership?? 1??

 

[fox58]

Middlesbro had eleven players all born within 15 miles of their ground for one match last season so however unlikely it seems it is possible!

 

[homer]

And the odds of MM and Alain Perrin getting us into the PL are?!

Its a safer route for the club in the boards eyes, and its easier to tell when they are 16/17/18 than if we were banking on a 14yr old.

I don't think Leicester have had this good a bunch of youngsters ever, and RK strength is working with youngsters.

So he's better than Dario Gradi is he ? They have been playing that game for years, and will never be other than relegation fodder

We will be relegated, and bust, by the time any of those lads get anywhere (and it's a huge leap of faith to suggest that they will make it anyway)

Absolutely laughable

 

[alex]

Nil. I shouldn't imagine they will ever work together again...


But Mike Newell could be looking for a new job very soon!!

http://uk.sports.yahoo.com/13112006/1/apologetic-newell-faces-luton-d-day.html

Perrin kept them up! I don't know why people hate him so much!

 

[Melton Fox]

Its a safer route for the club in the boards eyes, and its easier to tell when they are 16/17/18 than if we were banking on a 14yr old.

This is what frightens me about our board, this is what will get us nowhere, this is what will see us turn into one of the most boring clubs to watch. I believe our board is only interested in cutting down overheads, if this means playing 2 leagues lower, then so be it. I believe this boards mentality is "the less we climb, the less it will hurt when we fall"

Safe - Boring/unambitious/predictable/never fail, but never win

 

[Durham Fox]

I think you really know you've hit rock bottom as a Leicester fan when we turn down a Multi Millionaire owner who is proven at making football clubs successful for short term restructuring and the hope a few kids in the academy will be useful in 5 years time.

Will the last one out please turn off the lights.

 

[Dunc]

It is a strategy based on blind hope, with no basis in the real world

And no plan B

Utter madness

Well perhaps not blind hope as we are midtable now and 4pts off the play-offs but I take the point.

I personally don't think its a madcap idea, but neither do I think MM is either.

The problem with MM is that he isn't offering much up front to appease the shareholders/board other than his 'success' at Pompey.

And to me thats not enough and its all well and good saying the board at the club aren't any good, and should accept the offer for the shares but if they genuinely believe its not in the best interests of the club then what can they do?!

Anyway, I've put all I know down so to recap as I understand, the current offer will be rejected, the board will offer MM 51% shares for a capital investment but no-one thinks he will accept it, which leaves the club generating money of around £2-3million to give to players with what I would call restructuring of debt but that isn't the right phrase apparently.

For the record, based on the facts of MM's offer I wouldn't accept it either.

 

[alex]

I think you really know you've hit rock bottom as a Leicester fan when we turn down a Multi Millionaire owner who is proven at making football clubs successful for short term restructuring and the hope a few kids in the academy will be useful in 5 years time.

Will the last one out please turn off the lights.

Absolutely and totally spot on.

 

[drew]

Didn't the board appoint Craig Levein?

It was sheer luck that we had Kelly and he turned things around, with no money! We could of easily been playing Forest this season.

People seem to be forgetting that.

 

[Dunc]

This is what frightens me about our board, this is what will get us nowhere, this is what will see us turn into one of the most boring clubs to watch. I believe our board is only interested in cutting down overheads, if this means playing 2 leagues lower, then so be it. I believe this boards mentality is "the less we climb, the less it will hurt when we fall"

Safe - Boring/unambitious/predictable/never fail, but never win

Hey listen, I'm not the boards mouthpiece and I might be putting words in their mouths so don't take what I've put as gospel.

All I'm saying is that as I understand it they think the current squad + the young players + £2-3million investment gives us a good chance of promotion this year or next.

Thats it, and based on results this season I don't see a whole lot to disagree with.

 

[Jeff]

Perrin kept them up! I don't know why people hate him so much!

21 games as manager, 4 wins.

 

[Durham Fox]

Well perhaps not blind hope as we are midtable now and 4pts off the play-offs but I take the point.

I personally don't think its a madcap idea, but neither do I think MM is either.

The problem with MM is that he isn't offering much up front to appease the shareholders/board other than his 'success' at Pompey.

And to me thats not enough and its all well and good saying the board at the club aren't any good, and should accept the offer for the shares but if they genuinely believe its not in the best interests of the club then what can they do?!

Anyway, I've put all I know down so to recap as I understand, the current offer will be rejected, the board will offer MM 51% shares for a capital investment but no-one thinks he will accept it, which leaves the club generating money of around £2-3million to give to players with what I would call restructuring of debt but that isn't the right phrase apparently.

For the record, based on the facts of MM's offer I wouldn't accept it either.

Dunc, I think we all appreciate your info but there is a huge hole in this, where is this £2-3M coming from??

 

[SilverFox]

Well there we have it. Can we bury the topic now and go back to waiting on the crumbs from the Leicester Tigers' table please.

 

[Dunc]

Didn't the board appoint Craig Levein?

It was sheer luck that we had Kelly and he turned things around, with no money! We could of easily been playing Forest this season.

People seem to be forgetting that.

Didn't MM appoint Graham Rix, Alain Perrin and Velimir Zajec.

People seem to be forgetting that.