Leicester points deduction (5 Viewers)

[Mcbean]

We had 60 m debt at some point

 

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[Robinshio]

Let’s just hope another points deduction to seal relegation

 

[The Reverend Skyblue]

I am 100% sure, none of us want Cov to ever put our club at risk again, by losing 71 million in one season in the Premier League, how Leicester allowed that to happen is appalling.
I’d rather us have one season above, make a small profit after investing a lot in the clubs infrastructure, and a few decent players, than go through the same s**t we went through with SISU
Never ever again do I want my club playing in bloody Northampton or Brum ever again or put the club at risk of admin.
Do it sensibly Doug, don’t run up a debt anywhere near this, we can’t go through that horror administration show, and heartache, ever again

 

[JohnWH]

I don't know enough about "taxes" or "the rules", but surely AI and Crypto can somehow acts as a get out of jail free card? Right? Or get rixh now? Can't clubs just mint their own meme coins for free and rake in cash to cover expenditures? Asking for a wealthy, immoral friend.

 

[Gynnsthetonic]

Let’s just hope another points deduction to seal relegation

Probably won't happen this season but next season in L1, they're fucked for a long time whatever happens. Theyll end up like Sheff Wed

 

[wingy]

I don't know enough about "taxes" or "the rules", but surely AI and Crypto can somehow acts as a get out of jail free card? Right? Or get rixh now? Can't clubs just mint their own meme coins for free and rake in cash to cover expenditures? Asking for a wealthy, immoral friend.

U mean like over the pond?

 

[Para1140]

Probably won't happen this season but next season in L1, they're fucked for a long time whatever happens. Theyll end up like Sheff Wed

 

[fernandopartridge]

Probably won't happen this season but next season in L1, they're fucked for a long time whatever happens. Theyll end up like Sheff Wed

In fairness to them they've got a solid asset base so they'll be fine I did l should think. They're a significantly more attractive takeover proposition than Sheffield Wednesday.

 

[HuckerbyDublinWhelan]

In fairness to them they've got a solid asset base so they'll be fine I did l should think. They're a significantly more attractive takeover proposition than Sheffield Wednesday.

Isn’t a load of their debt to king power in the grand scheme of things? Effectively paper debt

 

[Otis]

In fairness to them they've got a solid asset base so they'll be fine I did l should think. They're a significantly more attractive takeover proposition than Sheffield Wednesday.

Hillsborough is in a poor state too isn't it and needs a major refurb.

 

[fernandopartridge]

Hillsborough is in a poor state too inst it and needs a major refurb.

Yes it's a liability really rather than an asset

 

[fernandopartridge]

Isn’t a load of their debt to king power in the grand scheme of things? Effectively paper debt

They owe Macquarie bank a good few quid now, can't remember how much off the top of my head

 

[Sky Blue Goblin]

We had 60 m debt at some point

Don’t we currently have a 50 million pound mortgage on our books and a directors loan of 30 million?

 

[Gynnsthetonic]

In fairness to them they've got a solid asset base so they'll be fine I did l should think. They're a significantly more attractive takeover proposition than Sheffield Wednesday.

Their training ground alone costs £20m a year to run. how does a L1 club run that especially as they've spunked their parachute money away.

 

[Lamps]

In fairness to them they've got a solid asset base so they'll be fine I did l should think. They're a significantly more attractive takeover proposition than Sheffield Wednesday.

The problem is nobody knows what is owned by who. Even their own supporters don't know but fear the worse.

 

[Brylowes]

Yes it's a liability really rather than an asset

The Leppings lane stand is bloody awful & tbh I can’t understand how it’s still standing after what happened there.

 

[Hobo]

Leicester City report losses of £71.1m for 2024-25 relegation season

Leicester City report a pre-tax loss of £71.1m from their season back in the Premier League in 2024-25.

www.bbc.co.uk

The idea some fans have, that the Premier League brings huge financial rewards is a myth.

 

[HuckerbyDublinWhelan]

The idea some fans have, that the Premier League brings huge financial rewards is a myth.

It does if done right - you get into that group of clubs that worse case spends every other season in the prem and then top 6 of the championship.

 

[Hobo]

The Leppings lane stand is bloody awful & tbh I can’t understand how it’s still standing after what happened there.

Except it was the terrace not the stand. But I take your point, the whole ground is delapidated.

 

[Covkid1968#]

Leicester City v Bromley is a mouth watering prospect. If we haven’t got a game and that does become a league 1 fixture then I might go and watch that spectacle. Leicester might become my new lower league team to follow. Pint after the game with the players, being able to hear the players talking to each other on the pitch… there are a lot of positives supporting the grass roots games way down the pyramid Foxes never quit !!!

 

[Bad Boy]

Leicester City v Bromley is a mouth watering prospect. If we haven’t got a game and that does become a league 1 fixture then I might go and watch that spectacle. Leicester might become my new lower league team to follow. Pint after the game with the players, being able to hear the players talking to each other on the pitch… there are a lot of positives supporting the grass roots games way down the pyramid Foxes never quit !!!

Like me my friend you live amongst these yampy fuckers.

 

[Covkid1968#]

Like me my friend you live amongst these yampy fuckers.

Unfortunately yes … still over here mate

 

[Kneeza]

Unfortunately yes … still over here mate

And me.
But haven't they gone quiet of late?

 

[Gynnsthetonic]

Leicester City v Bromley is a mouth watering prospect. If we haven’t got a game and that does become a league 1 fixture then I might go and watch that spectacle. Leicester might become my new lower league team to follow. Pint after the game with the players, being able to hear the players talking to each other on the pitch… there are a lot of positives supporting the grass roots games way down the pyramid Foxes never quit !!!

Will our U21s be playing their 1st team in the Checkatrade Trophy i wonder

 

[robbiethemole]

And me.
But haven't they gone quiet of late?

yep and all the King Power flags have disappeared too hahahhahahahahahahha

 

[Sky Blue Wozza]

The Leppings lane stand is bloody awful & tbh I can’t understand how it’s still standing after what happened there.

I hadn’t been since in the LL end since 1997-1998, until this season (one of my best mates is a Wednesday fan and I’ve normally sat with him in the home fans when we’ve played them).
I don’t think it’s changed at all since then. It’s a horrible experience.

 

[Covkid1968#]

And me.
But haven't they gone quiet of late?

It’s one of the most enjoyable aspects to all this. I’m north Leics so lots of forest and derby hammering them as well. Such a shame