Leicester could be in trouble...

[foxes1970]

well if we are in debt then you are ****ed and will end up like portsmouth ahah

[Kevin Mcleod]

Agree with the first part in that Leicester are not going to drop away, they're a very good side this year as they showed when they cam to our place and beat us fair & square.

However, not sure why you think we are going to have to settle for 2nd at best? We have 20 games to go and still have to play both Leicester & Burnley. Believe you me there's still a few twists left in the tale. Still fancy us to win it, personally. Think we'll have a blinding 2nd half to the season.

I just think its their year like it was ours that time a couple of years back. They have won the last two games purely on the rub of the green. And i read that they have had 14 penalties, more than every other club in the division put together. Its written in the stars i reckon.

[Yousef]

I'll take 2nd right now, but it ain't over yet, they'll probably get a bad run

Sure. Nothing taken for granted. We should keep treating each game as a cup final.

[MattyRangers]

well if we are in debt then you are ****ed and will end up like portsmouth ahah

We're in the same boat as you my uneducated northern friend. We are apparently "debt free" as a club, with the debt having been shifted from under our own name to under our owners. If either of our owners jacked, we would both be up $hit creek unless we found another owner willing to adopt the debt. If you actually believe an owner comes in and pays off a debt out of his own pocket and would walk away viewing it as a charitable deed, you sir really are a naive fool

As for the Portsmouth comment, we've been hearing this for a few years now, still hasn't materialised has it? As a matter of fact, it seems we are on the up as a stabilised and growing club, what with our new training facility being built and new stadium in the pipeline.

So, whilst you're here, do you have anything of any substance to say or is this half-educated post going to baffle your simple little mind into either not replying or giving a response riddled with ***s to confirm your apparent lack of vocabulary?

[Yousef]

well if we are in debt then you are ****ed and will end up like portsmouth ahah

Pure Jealousy

[foxes1970]

well there are some decent fans on this forum. it could still go all wrong for use and i for one have got my feet firmly on the ground . 8pts are nothing with 20 games to go 19 for use and i think it will go down to the wire. god luck but not at our expence hopefully

[MattyRangers]

well there are some decent fans on this forum. it could still go all wrong for use and i for one have got my feet firmly on the ground . 8pts are nothing with 20 games to go 19 for use and i think it will go down to the wire. god luck but not at our expence hopefully

Fair comment.

Can't blame ya for a bit of gloating, I'm sure we would be doing the same in your shoes. As it goes, I think you're up there for the duration this year and that we will go up automatically with you - just a matter of in which order! I obviously think we will win it as I think we will finish the season strongly, but a lot will ride on our games against Burnley & yourselves.

[QPRDave]

well if we are in debt then you are ****ed and will end up like portsmouth ahah

and there is the proof as i posted. you're in the same boat if your owner walks ya half wit. Won't be like last time when your scuzzy club took the p*ss and dived in to admin to avoid paying people
what you owed

[West Acton]

Leicester's fate will be interesting as they have a history of nose diving at the business end of the season, last season is a perfect example as this very date they were 2nd with 50 points come the last game of the season they had only picked up a further 18 points and only finished in the play offs on GD; they won four more games the remainder of the season last year from this point and that was from being in a very strong position as they are now.

In fairness to them they have bounced back from last seasons collapse remarkably well, as we have, but the way they choked last season will be in the back of their minds and if they collect a few unexpected defeats especially back to back ones who knows what will happen and memories of last season may come flooding back.

Derby were the flavour of the month, everyone raving about them, then they got turned over and have returned to regular form and the same I think will happen to Leicester if they get turned over but someone has to do it.

They are as said in a great position with an 8 point lead so we have to ensure we match their results until our game in hand as if we lose and they win the gap becomes 11 points but if we match and win our game in hand its 5 points again with us still to play them. For me the difference between us and them is that they turned us over as without that win in the Bush

Im not with some others who say they would take 2nd I want to win this league, 2nd is a great consolation but last time we were in this league we won it and in my view were defending our title I want be champions come May. Clubs our size don't regularly get the chance to collect silverware but this season we do so lets try and take that opportunity and create more history

For those interested this is a decent site http://www.statto.com/football/stats...e-championship

[Cityblue]

and there is the proof as i posted. you're in the same boat if your owner walks ya half wit. Won't be like last time when your scuzzy club took the p*ss and dived in to admin to avoid paying people
what you owed

Hello chaps, first off I'd just like to wish you luck against the northern (well more northern than us) monkeys from Burnley. Top two is all at matters, so you taking lots of points of them would be grand.

First off I would like to point out to the poster above that QPR went into administration before Leicester did, so if we are pointing fingers about being scuzzy, I'm hoping you also look in the mirror. And whilst we are on about administration, a couple of facts (these are all there in the net if you want to check). We had agreed repayment terms with all debtors to avoid administration. The only debtor not to accept, and to issue a winding up order against us was dear old Eric Hall the agent. http://www.theguardian.com/football/...wsstory.sport2

You might ask yourself why someone would do that, well he was the agent of the lovely Dennis Wise, whom a few months earlier we sacked for gross misconduct after he decided to break the jaw of a team mate (nice bloke). Administration could and should have been avoided, jobs and money owed could have been saved and paid back... you will have to ask Eric what his motives were... although it's not particularly hard to read between the lines when a horrible little toad is involved.

Anyway, that's enough about that. Back to our present "financial problems". We owed our owners a rather large sum of money, which could have been called in, or they could have charged us interest on for a very long time. After their recent debt for equity swap, they can no longer do that, so we are debt free and stable. They also paid out £17m last year to take full control of the stadium of the American pension fund, who we have owed a lot of money for the ground since administration.

http://www.leicestermercury.co.uk/Future-City-secure-owner-wipes-huge-debts/story-20352762-detail/story.html

http://www.leicestermercury.co.uk/Leicester-City-exclusive-Deal-agreed-buy-King/story-18286999-detail/story.html

It's true we have 11 players our of contract, but in reality the only players we will even attempt to keep are Kasper, Wes Morgan, Lloyd Dyer, Nugent and Konchecky. The rest are either already on loan elsewhere, or are bit part players signed on one year contracts to add a few bodies to the squad. Morgan and Konchesky have just signed one year extensions, so that leaves three players left that we would actually want to keep. Dyer is in contract talks currently, the other two I think are taking their time to see what division we are in.

Yes we are cutting back on our spending, that's not because the owners aren't committed (they wouldn't have done the two things above if they weren't). It's to try and keep inline with FFP, which is something we will all need to do at some point. When they did the debt for equity swap, they put in a £10m cushion, that means we can make the biggest losses possible under FFP this season and next, without going into any more debt with them, the money is there to cover it now.

What they do want (if we are in this league) is to run the club only on what we make from the end of next season. Again, that's something every club is now needing to do. If they upped sticks tomorrow, the club would have enough money to see us through until the point we are standing on our own two feet. With no debts to service, and no players contracts we can't afford.

So, if you were to ask any Leicester fan. They would probably say we are more secure financially, being run more soundly and finally owning our own ground... for the first time, in a very very long time.

Good luck for the rest of the season, here's to a promotion party in a few months time for both sets of fans.

[West Acton]

FFP in my view wont happen. It will end in court with a restriction of trade argument and get bombed out so not sure why people keep going on about it. As soon as its challenged it will be put to bed and we will all revert back to what we have always done

[Cityblue]

Leicester's fate will be interesting as they have a history of nose diving at the business end of the season, last season is a perfect example as this very date they were 2nd with 50 points come the last game of the season they had only picked up a further 18 points and only finished in the play offs on GD; they won four more games the remainder of the season last year from this point and that was from being in a very strong position as they are now.

In fairness to them they have bounced back from last seasons collapse remarkably well, as we have, but the way they choked last season will be in the back of their minds and if they collect a few unexpected defeats especially back to back ones who knows what will happen and memories of last season may come flooding back.

Derby were the flavour of the month, everyone raving about them, then they got turned over and have returned to regular form and the same I think will happen to Leicester if they get turned over but someone has to do it.

They are as said in a great position with an 8 point lead so we have to ensure we match their results until our game in hand as if we lose and they win the gap becomes 11 points but if we match and win our game in hand its 5 points again with us still to play them. For me the difference between us and them is that they turned us over as without that win in the Bush

Im not with some others who say they would take 2nd I want to win this league, 2nd is a great consolation but last time we were in this league we won it and in my view were defending our title I want be champions come May. Clubs our size don't regularly get the chance to collect silverware but this season we do so lets try and take that opportunity and create more history

For those interested this is a decent site http://www.statto.com/football/stats...e-championship

Hi West Acton, whilst you are absolutely correct about last year, our form was so up and down all season, good run followed bad run quite often. This year though we had been steady all year with only the odd minor blip.

Last season half our team was playing it's first full season in this league (lots of young players) and we lacked old heads to help them out. This year we have added lots of old heads to the squad, and the young lads are much wiser after last season.

We have added some steel to the nice football we could play last year, and whilst nothing is ever certain and I'm sure we will hit a bad patch, I don't think it would be on the same scale as last year.

So, I certainly would bank on another collapse.

[Buffalo]

FFP in my view wont happen. It will end in court with a restriction of trade argument and get bombed out so not sure why people keep going on about it. As soon as its challenged it will be put to bed and we will all revert back to what we have always done

Absolutely. I wouldn't be surprised if it was TF that challenged it either. It's the sort of restriction that he has fought against before during his airline building.

[Cityblue]

FFP in my view wont happen. It will end in court with a restriction of trade argument and get bombed out so not sure why people keep going on about it. As soon as its challenged it will be put to bed and we will all revert back to what we have always done

Well, as it stands people have had a long time to challenge it and they haven't. So I would rather my club did what it needed to do to meet what currently is happening, and not run up debts banking on a court over turning it. If they do, then you deal with that as and when it happens.

Pearson has done a great job getting rid of the high earners and getting in better quality for less money. Certainly not an easy task and we will be on course for running self sufficient by the end of next season.

[maverick69]

FFP in my view wont happen. It will end in court with a restriction of trade argument and get bombed out so not sure why people keep going on about it. As soon as its challenged it will be put to bed and we will all revert back to what we have always done

Yep. It's fundamentally flawed on many levels - let alone potentially illegal in EU law.