Mike's done one.

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You're spot on...and I do admire you're positive outlook (genuinely)
I shall also avoid holding my breath

I'm just hoping that Ehab sees what we need to stay up, an experienced manager and a few players. He's sacked Phelan at the right time, just as the window opens, and should have the replacement lined up together with some targets.

If he's seen that then he may also be thinking about improving his relationship with supporters.
 
So Dennis went to school with Ehab and is getting the managers job??
I have a feeliing me and a few others off here will be in place as part of the management team.
I dont even have to work my notice. Get in.
I'm sat next to Ehab now. He offered me the job ages ago
We're having a right chuckle

Get your tracksuit ironed
 
He's cashing most of the loan out this year anyway.

Same wage bill as last time in PL when we made a profit.
This season 20th in the PL was already getting more money than Leicester got for winning the league last season due to the new TV deals so that was at least an extra £24.7M coming in.
The fall in value of the pound has then increased our expected revenue by over £20M because the overseas TV deals are now worth more when the cash is converted.

Here's my calculations from post 7819

"Our income is likely to be around £124 million

We owed £23.4 million to the bank or banks (I assume this was repaid when we received the first monies from the Premier League).

We owed £1.4 million in tax, most probably because it wasn't due to be paid at the year end. We also owed £13.9 million in accruals, presumably to be paid from this year's income.

Our wage bill according to OLM is around £60 million. Our rent is around £4 million and our administration expenses £5 million.

So out of an income of £124m we have to pay out £107.7 million, leaving £16.3 million to repay the debt to Allamhouse."

He's owed £70 million and the most he can repay is £16 million.
 
So Dennis went to school with Ehab and is getting the managers job??
I have a feeliing me and a few others off here will be in place as part of the management team.
I dont even have to work my notice. Get in.

Dennis has earmarked you for the role of canteen supervisor at the training ground. A vitally important role Chazz. :emoticon-0162-coffe:emoticon-0162-coffe:emoticon-0166-cake::emoticon-0166-cake:
 
First sensible thing the Allams have done in years , and yet Twitter still in meltdown like we have just lost a genius .... Phelan will come out of this with a few quid , and back into the safety of a coaching role where he belongs
Post of the day.
I'm sat next to Ehab now. He offered me the job ages ago
We're having a right chuckle

Get your tracksuit ironed
Surely I'll have my own ironerer? Sort of a prerequisite of my employment that one. And purple M&M's in the bowl on my desk (big desk).
 
This had to happen. Phelan comes over as a thoroughly nice bloke and recent performances seemed more promising, but he never was a Premier League manager.
I also have grave doubts about his coaching methods based on his entire period of employment at City.

Looking forward, most of the transfer window is still available and I hope the Allams not only have Rowett lined up but have also agreed to bring in the players he wants. That isn't just wishful thinking because in reality it's pretty much the last chance saloon if they have any hope of selling the club.