Interesting Read About Leicester

[Ken Hairy 3,771]

5 hours ago, cambridgeshire canary said:

Its pretty clear. Obvious failure to replace kasper schmeichel, beating Southampton 9-0 then signing two of their defenders, over reliance on a hot and cold maddison and an aging vardy.. 

Wait.......Are you saying beating Southampton relegated them??....😏😉🤣

[Ulfotto 631]

The situation is not unlike Burnley this season. Basically a lot will ride on getting back when the parachute payments are still going.

Some of transfer fees paid are eye watering 32 million for Perez who is out on loan during a relegation battle.

[hogesar 9,657]

1 hour ago, Midlands Yellow said:

On a completely different scale though. Around 20 times they’ve smashed our record purchase. 

 

Very true. But despite having access to hundreds of millions that we don't via owners - and even having won the league - best players still want to leave and move on. 

It's the reality for every club that isn't consistently dining right at the top.

[Worthy Nigelton 1,043]

6 hours ago, Pyro Pete said:

Feel free to admit you were wrong.

He is very badly wrong on this one. Watch where Maddison ends up next season and it'll tell you how good he is.

[shefcanary 2,393]

6 hours ago, daly said:

No we just sell our best players 

Its happened for the last 50 years 

Remember Davie Ross? Well no surprise, if you don't, the first "best player" we sold to fund things, way back in 1905 (?). It's always been thus! 

[essex canary 495]

16 hours ago, Ulfotto said:

The situation is not unlike Burnley this season. Basically a lot will ride on getting back when the parachute payments are still going.

Some of transfer fees paid are eye watering 32 million for Perez who is out on loan during a relegation battle.

Seeing as their wage bill is about double that of  Burnley, I don't agree. They will have a far harder landing than Burnley and may well suffer the consequences.

[mrD66M 99]

22 hours ago, Michael Starr said:

He knows that Leicester now need to sell Maddison. He's literally their only high value asset. They've managed contracts soo poorly that now many of the squad can walk away for free and the rest don't even have relegation clauses.

Is Tielemans out of contract soon? Not that he could command higher fees than Maddison but there won't be a shortage of clubs willing to sign him. 

[It's Character Forming 1,160]

38 minutes ago, mrD66M said:

Is Tielemans out of contract soon? Not that he could command higher fees than Maddison but there won't be a shortage of clubs willing to sign him. 

Out of contract now apparently.

[All the Germans 1,075]

22 hours ago, TheGunnShow said:

I really think you need to check out his goalscoring record for England.

Exactly what I was going to say. Or Leicester, or Everton, or Barcelona, or Spurs...

[Bovril 219]

https://www.youtube.com/watch?v=I6Ss0p2Oiro

Good Tifo (The Athletic) video here on what went wrong for Leicester - 6min long. 

[Jimmy Raggatip 59]

it's pure greed with Leicester. Thought they'd be getting Maguire level fees for the rest of time and now stuck with the highest ever wage bill to get relegated

some of the players they've held on to because they're asking for twice the going market rate is ridiculous

asked for 20 mill for Praet who never plays from Torino

Tielemans and Ndidi were touted for big fees, they held out for astronomical fees, now both trot about the pitch unbothered and have tanked their value and probably a key reason they didn't get so many points

[Kenny Foggo 1,116]

Leicester will have to sell Maddison to survive... sound familiar?

[wcorkcanary 4,334]

2 hours ago, mrD66M said:

Is Tielemans out of contract soon? Not that he could command higher fees than Maddison but there won't be a shortage of clubs willing to sign him. 

Agree , the only  thing Stopping Tielemans being first choice for Belgium is one KdB. Decent player. 

[wcorkcanary 4,334]

1 hour ago, It's Character Forming said:

Out of contract now apparently.

Bargain for someone... just read hes 26, great age. 

[Mello Yello 2,289]

The Foxes do now seem to be a victim of their own success....

[Kenny Foggo 1,116]

11 minutes ago, Mello Yello said:

The Foxes do now seem to be a victim of their own success....

League & FA cup success... I'd take that if offered

 

[Graham Paddons Beard 2,429]

On 29/05/2023 at 12:57, nutty nigel said:

We couldn't have that level of debt. 

The PL is built on debt. It will all come crashing down eventually.

People have been saying this for years. Eventually it may come true but whilst the global appeal of the Premier League generates so much money , it isn’t going to happen yet. 
 

Sorry to state the obvious but debt is only a problem when a) you have to pay it back or b) you can’t  service the loan. Obviously sometimes a and b happen at once. But even then in terms of the Prem ,  it may be catastrophic for one team , it isn’t for the league as a whole . A newbie just replaces the old failure. 
 

The Prem has survived a global pandemic . It did so by rushing the tv broadcasts back . The broadcasting rights are the driver.  
 

As Norwich fans , we don’t always appreciate the global appeal of the Prem. Go to Asia and you will see Star Sports (complete with Micheal Owen and even Paul Lambert) in bars and airport lounges. Not that long ago you saw NFL , now it’s Prem with the IPL coming up on the rails. The audience potential is massive . The whole Euro Super League was / is all about controlling the broadcast money. 

The premier league , the income and the geared debt isn’t going anywhere just yet . 

Edited May 30, 2023 by Graham Paddons Beard

[Midlands Yellow 3,973]

Tielemans the first to jump ship. 

[Grando 260]

On 29/05/2023 at 16:26, Ken Hairy said:

Wait.......Are you saying beating Southampton relegated them??....😏😉🤣

I’m saying that once they appointed Deano they sealed their fate…

[duke63 542]

On 30/05/2023 at 14:20, Graham Paddons Beard said:

People have been saying this for years. Eventually it may come true but whilst the global appeal of the Premier League generates so much money , it isn’t going to happen yet. 
 

Sorry to state the obvious but debt is only a problem when a) you have to pay it back or b) you can’t  service the loan. Obviously sometimes a and b happen at once. But even then in terms of the Prem ,  it may be catastrophic for one team , it isn’t for the league as a whole . A newbie just replaces the old failure. 
 

The Prem has survived a global pandemic . It did so by rushing the tv broadcasts back . The broadcasting rights are the driver.  
 

As Norwich fans , we don’t always appreciate the global appeal of the Prem. Go to Asia and you will see Star Sports (complete with Micheal Owen and even Paul Lambert) in bars and airport lounges. Not that long ago you saw NFL , now it’s Prem with the IPL coming up on the rails. The audience potential is massive . The whole Euro Super League was / is all about controlling the broadcast money. 

The premier league , the income and the geared debt isn’t going anywhere just yet . 

No one can keep adding debt to debt already there and hope to survive though.

The EPL now have Wolves, Everton and Leicester who have broken the FFP rules. All three finished in the bottom half of the League.

Aside from Leicester the other two have won nothing for many many years.

Forest will be the next club to come crashing down financially.

What the owners don't seem to understand is that lending money to the club isn't a one off, its a continous cycle.

Debt is now much more expensive to service than it was even one year ago. Eventually one club will not be able to bail themselves out.

 

[Graham Paddons Beard 2,429]

On 01/06/2023 at 08:51, duke63 said:

No one can keep adding debt to debt already there and hope to survive though.

The EPL now have Wolves, Everton and Leicester who have broken the FFP rules. All three finished in the bottom half of the League.

Aside from Leicester the other two have won nothing for many many years.

Forest will be the next club to come crashing down financially.

What the owners don't seem to understand is that lending money to the club isn't a one off, its a continous cycle.

Debt is now much more expensive to service than it was even one year ago. Eventually one club will not be able to bail themselves out.

 

You are describing individual club debts.
 

I was responding to a post that said the Prem “will come crashing down”. 
 

Obviously a club (or anything) that gets to a point that they can’t service their debt then it’s a problem. The Premier League (not individual members at any given time) is some way off that . 

[percy varco 198]

On 29/05/2023 at 12:12, essex canary said:

Maybe, as the Club who will succeed us as the highest wage bill in the Chump and having mortgaged their Parachute Receipts to an even greater extent, Leicester will finish lower than us?

Nope. No prudence with ambition at the king power

[Icecream Snow 761]

I've posted this before, but it highlights that despite Leicester's success, it hadn't translated into off-field revenue.

[Old Shuck 183]

On 29/05/2023 at 15:44, daly said:

No we just sell our best players 

Its happened for the last 50 years 

We've been doing it for longer than that!!