1. Log in now to remove adverts - no adverts at all to registered members!

Leicester FFP challenge

Discussion in 'Leicester City' started by Grifter, Feb 27, 2014.

  1. Rightsideoverhere

    Rightsideoverhere Well-Known Member

    Joined:
    Jun 1, 2011
    Messages:
    2,037
    Likes Received:
    94
    Tin pot? Dqpr are more piss pot!
     
    #21
  2. junior lewis supertar

    Joined:
    Jan 16, 2014
    Messages:
    123
    Likes Received:
    5
    the sad news is their owner is worth 16bn yes ten times ours, but ours has invested a lot of king powers resouces into us next season it will pay off for them. what they have done is bought a premier league team on the cheap the parachute payment alone is worth half of their investment in the club. we have to be some of the cheapest prime time advertising for king power in the far east which only help push the brand of the duty free shops to a bigger audience. on top of this our shirts are on sale in the groups shops the match against the national team showed the intention of turning s into te far easts team in the pl. My only surprise is that they signed a kit deal with Puma rather than get it made in thailand
     
    #22
  3. Proud Fox

    Proud Fox Well-Known Member

    Joined:
    Jan 24, 2011
    Messages:
    24,239
    Likes Received:
    1,496
    Vichai is richer then Tony Fernandes according to Forbes
     
    #23
  4. junior lewis supertar

    Joined:
    Jan 16, 2014
    Messages:
    123
    Likes Received:
    5
    i know i shouldn't trust Wikipedia shows this guy as part owner Lakshmi Niwas Mittal hes minted you are correct tony fernendes is worth a lot about a third of vichai
     
    #24
  5. Proud Fox

    Proud Fox Well-Known Member

    Joined:
    Jan 24, 2011
    Messages:
    24,239
    Likes Received:
    1,496
    They all sold up as far as im aware of
     
    #25
  6. Grifter

    Grifter Well-Known Member

    Joined:
    Jul 16, 2011
    Messages:
    3,895
    Likes Received:
    97
    They own 50% of the club. Fernandes couldn't afford all the crap we buy on his own- Mittal is bank rolling it. There's a consortium of investors on Fernandes side too, which adds a couple of bucks.
     
    #26
  7. Proud Fox

    Proud Fox Well-Known Member

    Joined:
    Jan 24, 2011
    Messages:
    24,239
    Likes Received:
    1,496
    Well this FFP bollocks make it irrelevant how many investors you have or how much they have

    I don't agree with FFP. If clubs runs themselves badly and end up like Portsmouth then it's their own fault
     
    #27
  8. RicardoHCAFC

    RicardoHCAFC Well-Known Member
    Forum Moderator

    Joined:
    Jan 24, 2011
    Messages:
    10,311
    Likes Received:
    454
    If the FFP rules are illegal, then amongst other so are the points penalties for going into administration, and the 25 man squads rules.

    There's nothing to prevent the big clubs investing. They may be barred from playing in Europe, have points deducted, or have to pay competition fines, but that's because they're part of private members groups that have decided that those competitions will have those rules. The clubs are perfectly free to break the rules and build their clubs as much as they want, they just can't demand that the private members groups change their entry requirements so that there's no consequences. It'd be like an amateur golf tournament being told that they have to let professionals play or you're restricting their ability to compete.

    If someone wants to be the next Man City they can be, say if they buy Newcastle they can spend a ridiculous amount of money building the club into one that can challenge for the title, then once they're there and getting the massively increased TV revenue they can start bringing themselves inline with FFP at the higher level in order to be allowed into the European competitions again. Your owners could also do the same thing. Get you promoted this season, spend stupidly to ensure a top half finish then rein it in to just hold position challenging for European places for a few years. After a a while excluded you'll be eligible to take up the place you're qualifying for.
     
    #28

Share This Page