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Could Leicester go bust?


ATTACK ATTACK ATTACK said:
Globally teams that do get up there simply can't compete season on season. This is why the mags, even after 2 Champions League seasons will still be selling some of their better players just like Leicester did. You don't see Man City or Arsenal having to sell their top players as they can pay the wages.

The challenge for also rans is replacing those players leaving with players who are similar but ideally better level. The problem is that players like that would be wanting top player money so it means they have to buy players at a lower level in the hope players evolve into better players.

Whereas the big clubs with the money can pay the big wages and big money and usually take the best players from the also rans, like Man City taking Guehi from Palace recently. The mags (and Villa) simply can't offer the same level of wages to buy enough top level players for the squad and although it's good for them now, it will eventually catch them up. The mags are suffering now and another bad window could see them struggling even more next season, even if they're not in Europe.

We're the same if you take 2 or 3 of our better players out of the team. Thankfully the recruitment last season was very good but we got lucky with Brobbey getting him due to Guiu going back to Chelsea due to Delap's injury. Imagine our season without Brobbey blossoming throughout the season to what means to us now!
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It’s what I like to call the Spurs issue, they can never buy the proven player but go after the maybes or risky players for £50m, if they turn out well a team higher in the food chain goes cheers we want him now and will pay £80m and the player wants to leave. All it takes is 2 or 3 failures, Wissa, Elanga for Newcastle and you’ve screwed yourself.
 
robbied2 said:
With the estimated running costs, why would forest even want that training ground?
Plus they have just spent millions upgrading their own
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Forest are tied up as hell trying to get their stadium upgrade/rebuild/move (I've lost track now of the current plan - I just check there's nowt going on before I head to my office that side of town) sorted at the moment.

Still got a bit of a soft spot for all the East Mids teams - apart from Notts County (despite the username - which came from the film not the Mag crowd) - can't quite bring myself to ever root for any Magpie variant.
 
Milton Whonez said:
They look to be in a much, much worse position than us when we dropped but with more assets.

The result will be the same, everyone either gets sold or is allowed to walk to cut the wages. Not sure how easy it will be to move some of them on though, could be a few Rodwell's in there. They then have to start again with kids with everything cut to the bone.

Their 3 biggest earners contracts expire this year but that also means they let players they paid £50m for walk for nothing!

We struggled with our academy in L1 and it only cost us about £2m a year, Forest must think Christmas has come early, £100m complex, you can still smell the wet paint and the owners might have to sell it at a knock down price.

We wanted to do a 'Leicester' this year, they have absolutely nailed a 'Sunderland'
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Leicester won the league in their second season ;) (I'm joking)
 
FoldingStars said:
It’s what I like to call the Spurs issue, they can never buy the proven player but go after the maybes or risky players for £50m, if they turn out well a team higher in the food chain goes cheers we want him now and will pay £80m and the player wants to leave. All it takes is 2 or 3 failures, Wissa, Elanga for Newcastle and you’ve screwed yourself.
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That's it exactly, they lost Kane which was massive and then Son was another blow and the have never replaced them. The likes of Richarlison, Solanke, Gallagher, Johnson (left now), possibly more would never go to Man City for example but they've also not done fantastic at Spurs and kicked on. I'm not yet convinced at Simons and it's only Kudus who I've seen looked decent consistently enough but he's been injured since the New Year.

The huge difference is that Spurs can absorb losses on duds a lot easier given their massive revenue. Although, not at this moment, they could also attract players easier than the mags due to the location. Better weather aside, they won't have to offer increased wages or incentives to tempt players away from the many other millionaires from all walks of life who live life in top luxury down there.

Spurs wage bill isn't as high as some may think and hasn't been for many years. It's why they're nowhere near the SCR limit. You can see the mags & Villa are around Spurs but those 2 are near their SCR limits. For context, Leicester hit over £200m in wages 5 seasons ago which shows how stupid they were to try to bridge the financial gap to the big boys and look at them now! If I was a mag fan I wouldn't be wanting a £200m training ground just yet (see Leicester again!) as the more they 'invest' the more costly it could end up if they don't get regular Champions League, as in 3 out of 5 seasons I reckon but also don't get smashed in later stages. Football is fucked and is now a closed shop IMO and for the likes of us, it's better to fight over the scraps staying sustainable with sensible investment without the delusion of thinking we can get to the top like the mags do. Leicester fans won't be too bothered where they are at the minute as they won the PL & FA Cup but I doubt that will happen again unless there's a serious change in football at some point.

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ATTACK ATTACK ATTACK said:
That's it exactly, they lost Kane which was massive and then Son was another blow and the have never replaced them. The likes of Richarlison, Solanke, Gallagher, Johnson (left now), possibly more would never go to Man City for example but they've also not done fantastic at Spurs and kicked on. I'm not yet convinced at Simons and it's only Kudus who I've seen looked decent consistently enough but he's been injured since the New Year.

The huge difference is that Spurs can absorb losses on duds a lot easier given their massive revenue. Although, not at this moment, they could also attract players easier than the mags due to the location. Better weather aside, they won't have to offer increased wages or incentives to tempt players away from the many other millionaires from all walks of life who live life in top luxury down there.

Spurs wage bill isn't as high as some may think and hasn't been for many years. It's why they're nowhere near the SCR limit. You can see the mags & Villa are around Spurs but those 2 are near their SCR limits. For context, Leicester hit over £200m in wages 5 seasons ago which shows how stupid they were to try to bridge the financial gap to the big boys and look at them now! If I was a mag fan I wouldn't be wanting a £200m training ground just yet (see Leicester again!) as the more they 'invest' the more costly it could end up if they don't get regular Champions League, as in 3 out of 5 seasons I reckon but also don't get smashed in later stages. Football is fucked and is now a closed shop IMO and for the likes of us, it's better to fight over the scraps staying sustainable with sensible investment without the delusion of thinking we can get to the top like the mags do. Leicester fans won't be too bothered where they are at the minute as they won the PL & FA Cup but I doubt that will happen again unless there's a serious change in football at some point.

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I noticed it with Bale, they sold him and got in 7 players, Lamela, Capoue, Saldado, Chardli, there’s only Erikson who I’d say was a big success every other play was either a waste of money or average. Then as you say it’s just carried on since then.

Their wages have always been great, imagine it’s mainly done as a low basic with a lot of bonuses and being spurs those bonuses rarely come to fruition. Now Levy has gone if they somehow stay up the wages will likely follow.

Leicester were unlucky that everything happened with the owner and then bad decisions from the son, there’s about a 1% chance you could break into the top level without nation state backing, you have to be so lucky.
 
mackemed2 said:
That was so bad the FA had to change the rules.

I was just thinking, after our first season in L1, there were rumours Donald has moment he considered administration. They've got all that debt, running costs and not that many saleable assets. As good as in admin for me.

That was meant to say everyone's going to WANT to beat them.
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Had Short not cleared the majority of the external debt, we would have gone into administration in 2018 before the Donald takeover even happened.
 
ATTACK ATTACK ATTACK said:
That's it exactly, they lost Kane which was massive and then Son was another blow and the have never replaced them. The likes of Richarlison, Solanke, Gallagher, Johnson (left now), possibly more would never go to Man City for example but they've also not done fantastic at Spurs and kicked on. I'm not yet convinced at Simons and it's only Kudus who I've seen looked decent consistently enough but he's been injured since the New Year.
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Yeah they end up going for the players who wanted out from where they were but couldn't get a better offer. Maybe not the title challenging team they wanted but end up seeing Spurs as a good option because they get to play in the Premier League, get to play in Europe, and get to live in London.

This season Kolo Muani and Simons seemed be touted all over the shop before they ended up there. Tel only went there last season after dragging his heels and not getting a better offer. Before that it was Werner.

As a club they want to bring in players from these top European clubs but it's never seemed to work for them.
 
Surely Forest won't want to take the training ground? It's f***ing miles away (22km). It would be the equivilant of us training at the equivelent of what Newcastle Airport is from the SoL (23km), or Meadowfield (22km).

For reference, the AoL is 3km away as the crow flies.
 
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Grumpy Old Man said:
Had Short not cleared the majority of the external debt, we would have gone into administration in 2018 before the Donald takeover even happened.
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Pretty standard with takeovers isn't It? I've read it on here the FA weren't sure about Donald and Methven and he threatened to put the club into administration. There was a far more competent group interested in buying with Michael Gray's consortium. The fact he nearly put us into administration shows what a poor job Short did.
 
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mackemed2 said:
Pretty standard with takeovers isn't It? I've read it on here the FA weren't sure about Donald and Methven and he threatened to put the club into administration. There was a far more competent group interested in buying with Michael Gray's consortium. The fact he nearly put us into administration shows what a poor job Short did.
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The Gray group weren't prepared to give him what he wanted. Donald was. This was, essentially, the last £25m of the £70m SBC loan (repayable in full by August 2019) to be paid from the year 2 parachute payment. If that £70m had stayed on the books in full, the club could not have repaid it
 
Grumpy Old Man said:
The Gray group weren't prepared to give him what he wanted. Donald was. This was, essentially, the last £25m of the £70m SBC loan (repayable in full by August 2019) to be paid from the year 2 parachute payment. If that £70m had stayed on the books in full, the club could not have repaid it
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Ah, so he didn't pay it out of his money then? Took our parachute money to do it instead? Cracking bloke.
 
mackemed2 said:
Ah, so he didn't pay it out of his money then? Took our parachute money to do it instead? Cracking bloke.
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The club was never debt free, as both Short and Donald claimed. It was all window dressing. He simply moved the last £25m into Drumaville to be paid over later. He did pay the other £45m himself, and wrote off/capitalised everything he'd previously put into the club
 
Get Into Em said:
Surely Forest won't want to take the training ground? It's f***ing miles away (22km). It would be the equivilant of us training at the equivelent of what Newcastle Airport is from the SoL (23km), or Meadowfield (22km).

For reference, the AoL is 3km away as the crow flies.
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It's just over 11 miles from Filbert Street to the training ground but due to traffic it can take 20-40 minutes to get to the training ground.

Forest is just over 19 miles away but it's only 30 mins as a lot of it will be going 70mph on the A46 so time wise it's not that much of an issue.

It obviously depends on the players live as not all our players will live in the same street.
 
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