It’s Sunday and I don’t really want to spend all day discussing this, so a quick summary;
- Leicester are one of the oldest clubs in existence.
- In terms of finance you have pretty much been subjected to the same rules as everyone else. The fact you haven’t capitalised on it, as one of the oldest clubs, is a Leicester problem.
- Whether it’s this ownership group or a previous one, Leicester city have entered administration, defaulted on stadium building costs, paid a £3m fine and are now in danger of a points deduction for overspending again.
- Sky have created most of the issues we have today. The moment they threw obscene amounts of money at top flight football, owners have overstretched trying to maintain or reach this cash cow. Leicester have been no different.
- Whilst not perfect FFP has tried to introduce checks and balances to manage some restraint that owners, including your own, are either unable or unwilling to do. The average fan think City and Chelsea have taken the piss, but still shouldn’t detract for what FFP is trying to do.
- The reality is that the clubs who generate the biggest income will have the most to spend.
In summary, it’s nothing to do with the big 6 clubs mate, it’s a history of Leicester city mismanagement.
As a final point, what’s happened to the stadium expansion? This will generate additional revenue and is exempt from the FFP calculations. If you look at the big 6, they have all invested, apart from Utd, in infrastructure projects. You can’t blame other clubs when Leicester are sitting on there hands.
