The Takeover Thread - Recon Group - NOW WITH NEW POLL

[Toronto Villa]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

[Stirchley Villain]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Lerner took a going concern and turned it into a basket case within four years. That's some going...

[Villa in Denmark]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Lerner took a going concern and turned it into a basket case within four years. That's some going...

It was 10 years to be fair to our incompetent owner.

[Richard E]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Going into Administration to wipe out your debts and start again probably helps, too.

[Stirchley Villain]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Lerner took a going concern and turned it into a basket case within four years. That's some going...

It was 10 years to be fair to our incompetent owner.

No it wasn't. We were banjaxed after O'Neill left.

[brian green]

Too much to hope that some of that Leicester profit might go to paying the creditors, many of them struggling small businesses, they dumped on when they went into liquidation.

[Risso]

Too much to hope that some of that Leicester profit might go to paying the creditors, many of them struggling small businesses, they dumped on when they went into liquidation.

They've never been liquidated, surely.

[Dave]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Lerner took a going concern and turned it into a basket case within four years. That's some going...

It was 10 years to be fair to our incompetent owner.

No it wasn't. We were banjaxed after O'Neill left.

It wasn't a "going concern" during the O'Neill years though was it? It was an unsustainable financial mess.

[Malandro]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Lerner took a going concern and turned it into a basket case within four years. That's some going...

It was 10 years to be fair to our incompetent owner.

No it wasn't. We were banjaxed after O'Neill left.

It wasn't a "going concern" during the O'Neill years though was it? It was an unsustainable financial mess.

It was like giving a teenager your credit card. He only has himself to blame - it was his budget.

[Percy McCarthy]

Fair play, so.

I always liked the way they rhymed Quin with ton in their song based on Bob Dylan's song made famous over here by beat combo Manfred Man.

Come on without
Come on within
You've not seen nothing
Like the mighty Evertin

Burnley used to sing that about the mighty brian flynn

Didn't Blues do the same with Fred Pickering.

Warwickshire fans did in the 90's with Asif Din.

Porn fans sing it about Amber Lynn.

[Clampy]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Lerner took a going concern and turned it into a basket case within four years. That's some going...

It was 10 years to be fair to our incompetent owner.

No it wasn't. We were banjaxed after O'Neill left.

It wasn't a "going concern" during the O'Neill years though was it? It was an unsustainable financial mess.

It was like giving a teenager your credit card. He only has himself to blame - it was his budget.

Only for the manager to walk when he rightly cut the spending.

[Villa in Denmark]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Lerner took a going concern and turned it into a basket case within four years. That's some going...

It was 10 years to be fair to our incompetent owner.

No it wasn't. We were banjaxed after O'Neill left.

It wasn't a "going concern" during the O'Neill years though was it? It was an unsustainable financial mess.

It was like giving a teenager your credit card. He only has himself to blame - it was his budget.

I don't think anyone's arguing that it's not his own fault.

It doesn't alter the fact that it was barely a going concern the last couple of years under Doug, and it never has been under Lerner based on the amount of external capital required to keep it afloat.

[dave.woodhall]

I could be wrong, but I'm sure Doug said that if we'd signed Petrov without Randy's guarantee it could have tipped us over the edge into administration.

[Stirchley Villain]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.

wouldn't that have been helped with them not being weighed down by horrendous contracts and continual payoffs of manager after manager as we sought mid table mediocrity? When you start from a decent financial base (not heavy overladen with debt), come up not having mortgaged your future to do so, and then reap the rewards of the PL windfall, the numbers should look good.

Lerner took a going concern and turned it into a basket case within four years. That's some going...

It was 10 years to be fair to our incompetent owner.

No it wasn't. We were banjaxed after O'Neill left.

It wasn't a "going concern" during the O'Neill years though was it? It was an unsustainable financial mess.

I meant it was a going concern when Doug sold it and four years after that it was a wreck.

[Clampy]

I could be wrong, but I'm sure Doug said that if we'd signed Petrov without Randy's guarantee it could have tipped us over the edge into administration.

For some reason, that reminds me of the time when Sir Graham said that if we'd signed Lineker from Barcelona, Doug said that we wouldn't have been able to sign anyone else for 2 years. I think that was right anyway.