In fairness to Leicesterfox we would have accepted the Thai takeover had it been us, let's not deny it. Their current position though has nothing to do with the early days but their naive attempts to keep up with the Joneses post winning the PL.
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We will I'm sure!You have no chanc. I want you lot to come up if we do, but you need to reciprocate with the games against Leeds, Ipswich and Southampton
I think they then come under the EFL P&L thing so they’d be in the shit then. They’re better off in the prem because it kicks the problem down the roadWhat happens if they don't go up? No punishment?
mate if you think anyone now trusts Leicester's PL win and Fa Cup win was achieved honestly you are deluded. This whole FFP stuff has destroyed Leicester's credibility as it has Chelsea and Man City albeit older fans didnt put much stock in what Chelsea and man City have achieved anyway.You’d have whored yourselves out to the Thais. They were the only ones wanting to take us off Mandaric at the time as we’d have fell further into the abyss.
We are lucky we got them as we won the PL without breaking any FFP but now Vichai has died, Top is clueless. At least you will beat Leeds, Southampton and Ipswich for us!
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Not anymore. Government are behind these charges rest assured of that.I think they then come under the EFL P&L thing so they’d be in the shit then. They’re better off in the prem because it kicks the problem down the road
in terms of the argument over Leicester and billionaires - I don’t see the issue, we’d be acting the same as them if the show was on the other foot
like it or not - Leicesterfox is right - organic growth doesn’t happen anymore. Only way anyone competes with the big 6 as it is - get a billionaire and find a way around the anti competitive FFP laws
After basically encouraging it, bizarre like Brexit!!Not anymore. Government are behind these charges rest assured of that.
Next club to be fucked is Newcastle.
A month later than last year's any reason for that, get a month's grace for it?It will be interesting to read the accounts when they are filed at Companies House.
At the moment they are late filing them:
View attachment 34893
A month later than last year's any reason for that, get a month's grace for it?
Things need to move a lot faster. When they were in a relegation battle last year everyone was saying they'd be fucked if they went down and would have to sell everyone they could. There was even talk of their training ground being shut down with only the essential parts left running to save costs.They need several books throwing at them for this kind of breach. They should’ve been mass selling players the summer before last and still selling the summer they went down to balance the books.
Instead they were allowed to retain and add on to a premier league level squad to try and piss the championship in one season.
Fucking hell!!
How is that level of mismanagement even possible!??
The Championship club's chief executive Susan Whelan said: "After a sustained period of growth and success for the club during the last decade, the 2022-23 season was a significant setback, the consequences of which will be felt for some time.
Our foxy friend thinks it’s part of an unfair monopoly. He is right-these rules actually just help to make the PL a closed shopA desperate attempt to avoid relegation. That worked well didn't it?
If their breach of the rules means that they gain promotion this year then they will benefit from £millions for being in the PL next year and the parachute payments for the following seasons.
I have read that they should get a really severe penalty next season, most probably six points, which I think is little more than a slap on the wrist. Even if it results on them getting relegated at the end of next season they will probably think it's worth it.
Who said crime doesn't pay?
Leicester City: Championship club report £89.7m in losses after Premier League charge
Leicester City report a loss of £89.7m for the 2022-23 season - taking total losses for their last three Premier League campaigns to more than £215m.www.bbc.co.uk
Leicester City: Championship club report £89.7m in losses after Premier League charge
Leicester City report a loss of £89.7m for the 2022-23 season - taking total losses for their last three Premier League campaigns to more than £215m.www.bbc.co.uk
It's literally "the rules that we agreed to shouldn't apply to us"From The Athletic article on it. How fucking delusional can you get? Essentially "we overstretched and didn't expect to go back to being shit so quickly".
"In the accounts...the club admits it may have breached profit and sustainability rules, but believes there should be mitigation considered because of how unexpected and unique their rapid decline was. Before relegation, they had won the Premier League, the FA Cup and competed in three European campaigns."
Even after "fire sales" the overspill (wages they "can" pay, quality of players they still have under contract etc) into this season means the advantage they have over Championship clubs would, on paper, be bigger than ever seen before I would suspect. Totally unfair.I just hope the sanctions they get are proportionate to the level of the breaches. It shouldn't be just 6pts like Everton. They have breached by more than double the allowed amount, has to be well into double figures plus embargoes etc. or they'll just keep doing it.
Even after "fire sales" the overspill (wages they "can" pay, quality of players they still have under contract etc) into this season means the advantage they have over Championship clubs would, on paper, be bigger than ever seen before I would suspect. Totally unfair.
Put it this way, his estate agent has been diverted from Lesta to SuffolkSo this transfer embargo, does it mean Callum O'HARE is definitely Not going to the Festers.
Just read a headline figure of 4 million on wages per WEEK!!!!!!Yep, 100%.
Bear in mind these accounts include the £110m they received for Fofana & Maddison. They clearly have no intention of cutting their cloth either with signings like Winks, Coady, Cannon etc. they're just intent to keep on cheating.
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