Match Day Thread General matchday thread.

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My lot also got done by the collapse of the TV broadcasting deal, we were rebuidling our ground at the time and it threw our club into an instant £10M debt, hence why we have a ****ty away stand still to this day.

I never did know what happened with that debt, somehow in my eyes it just vanished, did it vanish or was it paid off, or is it still laying dormant somewhere, who knows, I certainly don't, but there'll probably be many a tale.

Personally I think it's wrong that anyone in business can shift finances around in this fashion, in my mind a debt is a debt is a debt, no matter how many times you try to hide from it.

I naver really did think about who did and didn't get paid as a result, but either way it's a valid concern to have, businesses are allowed to do it far too often. You generally have the money coming in on one arm, while filtering the service debt out on another, then claiming company B has no money, while company A is sitting on a nest egg.

Hence why I called Leicester's share scheme, debt shares, if you buy into the club you are buying part of the problem, no matter how many times you try to pretend that problem no longer exists.

We have new owners now, I'm sure they did their homework before buying into our club, heaven knows why, they must be crazy, even I wouldn't buy us, in fact I wouldn't buy any club even if I had the money. As for that £10M who knows if the bank absorbed it in the crash, the fact remains and will always remain it was a debt, and seeing our away stand reminds us of it every single week since.

I expect within time, our ground will become perfect ground for a housing estate, whether we will still exist at another home then is anyones guess, but whether we do or not, that current ground is someones nest egg, no matter how many years have moved on, and the shadows of that debt will always be lurking in the background where someone perfectly managed it like a genie in a lamp....abracadabra!

Point being while servicing debt in a certain fashion maybe legal, it certainly holds no morals.
 
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You contribution is always appreciated, of course.

As an intelligent man you will both accept and appreciate that the Leicester City that came out of administration was a wholly separate and distinct legal entity to that which went into administration.

Indeed, I personally paid (a modest sum) into the project fund that had one Mr Gary Lineker as it's figurehead and bought the football club out of administration for the princely sum of £500k. Sadly, after the brand spanking new fledgling club emerged (like a phoenix from the ashes), my vote to revert to our founding name of Leicester Fosse was in the minority and a continuation of the more recent name of Leicester City was approved.

I take no pride in the circumstances that took us into administration and had been (as you might expect given my nature) an outspoken critic of the club's hierarchy and its' lack of investment over a lifetime of supporting it.

In contrast, what King Power have done for both the football club and Leicestershire in genrral since deciding to purchase and invest has been way beyond anything I could possibly have imagined - including the incredible success on the pitch.

IMHO we have rocked the foundations of the game in this country by doing the unthinkable - not only did we have the temerity to break into the top 4, displacing one of the usual English 'Champion's League' participants - we had the audacity to actually win it - not really surprising that the Big 6 were in favour of a break away European Super League not long after that ... the cash cow was in danger of getting milked by the unwashed and the unworthy and such a challenge to the 'establishment' needed to be quashed by whatever means - and if the reaction to the European Super League from the vast majority of fans scuppers that ... then how about restricting what those uppity ****er types can spend in the first place? - we can dress it up as wanting to stop Accrington Stanley going bust - even if the main threats to the status quo are actually billionaire owned and in absolutely no danger of going tits up ...

This conspiracy theory post is dedicated to @aberdude - gone but not forgotten <cheers>

I was in the crowd at the Leicester 4 - 0 Wolves game where we were asked to hold up a card which was either white (for Fosse) or blue (for City) so they could count the votes. I didn't really care so held up blue as I didn't know/ wasn't that interested about the history of it. Obviously I didn't know you back then and couldn't have guessed this conversation would come up but I do take some pride in thinking that my random choice cancelled out you well considered vote. Democracy fail.
 
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The trouble is with football as a whole it has a problem, we've gone from the days of ****ty grounds, where you paid 50p to get in and players were paid a pittance, certainly not enough to retire on, and a Bentley would have only have a been a complete fantasy...the working class game.

Now roll into 2024, you'd probably pay £50 just to watch Championship side Leeds, and even the little ole Pig & Whistle in L2 will set you back nigh on £25. The grounds are now new, and the players are paid rdiculous sums of money along with their agents...the middle class game.

So which ever system you prefer the working class game or the middle class game, neither model works, clubs are still going under, and teams are still getting points deductions, we've gone from a poor mans game to one of greed.

There is no middle ground, the former being welcolmely destroyed by Maggie Thatcher, and her whitch hunt after the miners strikes, she made of the Leverson report her own interpretation of it, and like little soldiers we all fell into line, under the guise that certain events should never happen again - apart from the fact the establishment created a false narrative of events..

So anyone that says they are clean and have the morals of fans at heart are probably lying, because alll the game has done in recent decades is push those away that can least afford it, along with our communitity centres and everything else, so much so that players like Rashford were running around for foodbanks, maybe he gave them free tickets as well, who knows!

Football lost it's morals a very longtime ago, but it's a good game to watch on tv, unless you have the finances to actually go and watch overpaid players who can now afford Bentleys << just right there something is seriously wrong with the moral of that story, when we have more foodbanks than we ever had - yet we call football a part of the community , yeah right, kiss my fooking arse. lol.
 
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You contribution is always appreciated, of course.

As an intelligent man you will both accept and appreciate that the Leicester City that came out of administration was a wholly separate and distinct legal entity to that which went into administration.

Indeed, I personally paid (a modest sum) into the project fund that had one Mr Gary Lineker as it's figurehead and bought the football club out of administration for the princely sum of £500k. Sadly, after the brand spanking new fledgling club emerged (like a phoenix from the ashes), my vote to revert to our founding name of Leicester Fosse was in the minority and a continuation of the more recent name of Leicester City was approved.

I take no pride in the circumstances that took us into administration and had been (as you might expect given my nature) an outspoken critic of the club's hierarchy and its' lack of investment over a lifetime of supporting it.

In contrast, what King Power have done for both the football club and Leicestershire in genrral since deciding to purchase and invest has been way beyond anything I could possibly have imagined - including the incredible success on the pitch.

IMHO we have rocked the foundations of the game in this country by doing the unthinkable - not only did we have the temerity to break into the top 4, displacing one of the usual English 'Champion's League' participants - we had the audacity to actually win it - not really surprising that the Big 6 were in favour of a break away European Super League not long after that ... the cash cow was in danger of getting milked by the unwashed and the unworthy and such a challenge to the 'establishment' needed to be quashed by whatever means - and if the reaction to the European Super League from the vast majority of fans scuppers that ... then how about restricting what those uppity ****er types can spend in the first place? - we can dress it up as wanting to stop Accrington Stanley going bust - even if the main threats to the status quo are actually billionaire owned and in absolutely no danger of going tits up ...

This conspiracy theory post is dedicated to @aberdude - gone but not forgotten <cheers>

Yeah they’d never have gone for the Super League if Lesta hadn’t won the league. Real Madrid saw Danny Drinkwater and realised it’ll be Osasuna next.
 
I was in the crowd at the Leicester 4 - 0 Wolves game where we were asked to hold up a card which was either white (for Fosse) or blue (for City) so they could count the votes. I didn't really care so held up blue as I didn't know/ wasn't that interested about the history of it. Obviously I didn't know you back then and couldn't have guessed this conversation would come up but I do take some pride in thinking that my random choice cancelled out you well considered vote. Democracy fail.

In fairness, you don't know me now either <laugh> ...

... but if you are ever in London, let me know and I'd be happy to meet up for a beer or two and a proper chat about the beautiful game ...

My rationale for backing a name change, btw, was partly down to feeling that the club's name had been tarnished by the actions of those that took us into administration - businessmen with no real affinity for the club or understanding of what it meant to the fans ... so new name, new identity, new start - but with a solid link to the historic roots of the city's football team ...
 
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