Or splashed the cash like QPR and will be virtually wiped out if they don't get promotion - or Forest - assuming they are still losing one million every month.
Hasn't a lot of the money put into Leicester gone in as equity rather than a loan, or at least been covered to equity? Spending millions and not having to pay it back would be a nice position for anyone to be in.
Too late to ask, we should have done lots of things but didnt.Is this what we should have done or not?
Too late to ask, we should have done lots of things but didnt.
If SISU decide now they have 20m to spend getting us promoted then yes of course but they dont wont n didnt we seem to be fked and fked good n proper i just hope the next mansion they build gets completed before it burns down!
Or splashed the cash like QPR and will be virtually wiped out if they don't get promotion - or Forest - assuming they are still losing one million every month.
well according to ransom, we were debt free at the start of the decade and are now shit loads in debt, my maths tell me we are losing far more than a million a month to accumulate our debt.
Or splashed the cash like QPR and will be virtually wiped out if they don't get promotion - or Forest - assuming they are still losing one million every month.
They walked this division, now they're walking the championship. Fair play to them. What was that thread on bentleys roof when they dropped to this league? Think they deserve a similar thread by way of congratulation when promotion is clinched. (Today?)
Hasn't a lot of the money put into Leicester gone in as equity rather than a loan, or at least been covered to equity? Spending millions and not having to pay it back would be a nice position for anyone to be in.
Begs the question of why Sisu never did this when they took the Club over?
But we all know why Sisu didn't because the people Sisu did use to front their purchase of the Club were incompetent.
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The big difference it Leicester's owner is a billionaire who has enough business interests to keep his net worth rising while pissing money he'll never get back on running a football club.
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Will he never get it back?
The bastards are up.
Or splashed the cash like QPR and will be virtually wiped out if they don't get promotion - or Forest - assuming they are still losing one million every month.
The big difference it Leicester's owner is a billionaire who has enough business interests to keep his net worth rising while pissing money he'll never get back on running a football club.
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I see the point that you're making but what would have promotion to the Premier League been worth to Sisu at that time? £60M? Did they pay a penny for the Club? Even if they had sold the Club off straight it or continued as owners they would have profited.
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Part of the reason football is fucked!
£100m plus losses!!!
Crazy
Didn't that Leicester Troll say that they had converted that debt to Equity recently?
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Yep, thats correct. Again, he's a billionaire who's net worth is on the rise despite pissing money away on football.
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Yeah I understand that Stupot, but when looking at Sisu it's obvious they don't have the financial power of Leicester's owner, yet they picked up the Club with X amount of debt, why not convert it and have a go? That was my point, yet instead what they did was write it off, makes no sense to me why they did that.
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