Leicester today announced the news regarding two new issues of shares to King Power International and Aiyawatt Srivaddhanaprabha, relieving the Club of a combined total of £124m of debt to its parent company and owner.
This shows, as we have said so many times before, that the Club and their ownership are fighting together to change difficulties of the past to hopefully bring more success in the future.
Leicester took on the challenge of competing with the top revenue driven clubs in Premier League, backing previous managers with funds that were supposed to bring Champions League qualification positions and substantial income to use on new players.
To blame Khun Top and his recruitment team for this seasons struggles becomes more or less idiotic. Since the Thai owners took over the ownership of Leicester, we have seen how they have pushed money into club and they look to continue to do that. There is no change in the backing and support, so if you can’t read between the lines and understand how this is working, then please do not try to be smart.
Some suggest that EFL and Premier League are trying to punish Leicester as a club, because of bad blood or hard feelings, but that is far from the truth. The EFL and Premier League do have rules and regulations to follow and during audits, they need to act and proceed, to follow up on possible irregulations. What we have seen in the two last seasons are totally misjudgements by a lot of media channels and of course certain fans, not really having a clue or idea about what the happenings could be, as they start gossiping, typing whatever they feel, just to sell stories, or for fans to get their frustrations out regarding negative results on the field. We have seen different Leicester fan channels talking up the matter and criticize everything possible. This is just heating up a conflict and putting more fuel to the fire as they build a toxic atmosphere in and around the club. We have earlier said that all of it is wrong, totally wrong and just that, as they cannot have any clue about Khun Top and the Thai family and how they feel about this football club. We do believe that the feelings are far above 100% and will continue to be so, hopefully certain group of fans could show the same.
Leicester City.
We were once the envy of the sporting world. We won the footballing lottery and lifted the Premier League. We are proud and grateful, but we cannot continue live off a bygone era while the club drifts without direction & accountability.
It’s time for a… pic.twitter.com/Ck0vc2GOdi
— Project Reset (@ProjResetLCFC) January 21, 2025
The so called protest do not have any value at all and people who decide to be part of that, should go to the Leicester Cathedral instead, pray for the club and stay humble. This is no good and those who arrange these types of protests possibly have their own special agenda, and some issues to solve that has little or nothing to do with LCFC.
There was a lot of wrong doings in the transfer market during last summer, bringing in too many players either on the same level as what we had before, possibly on a shelf below. Steve Cooper is the one to blame for the signings over the summer as he had full control of what players he wanted to sign on the budget available.
Leicester looks to be in good hands and will continue to be so, as long as King Power and the current ownership are in place. They will support as much as they can, but still possibly learned a heavy lesson from backing Brendan Rodgers during his time at the club, as the squad he had to his disposal during the 2022/23 season was far above in quality to go down.
There are still a number of days left of this January transfer window, hopefully time enough to do business. Leicester are said to be the front runner in the chase of Strahinja Pavlovic, as they look close to get this done. There are no other club in the chase said to be able to make a full transfer, on a loan, so this could see something happening. Hopefully after this one, the club will be able to add more quality and actually give Ruud van Nistelrooy the backing he needs to get Leicester above the relegation zone, as one win could see a change allready this weekend.
Of course easy for certain fans to go into lock down mood when losing 7 in a row, but please look behind the results, value the opponents and start believing, if not as earlier said, you are not needed at this point.
Please do not listen to gossip from outside, please support the current ownership and believe in what they are trying to do, the opposite is just something fans should not do.
If you are a Leicester supporter, you cannot go to the ground and do what we have seen at King Power lately, please instead go silent, as you will disturb everything around you, and in the end it tells a horror story about certain people in this fanbase, trying to be vocal and believe every other fan do share their negative opinion, that is a foolish act, and totally misunderstood.
Keep the faith, be fairless and act as Leicester fans should do, be supportive in every way, 24 hours, day in and day out, the opposite is not needed, start supporting another football team if you like.
We have as always a fresh and updated list of hot, cool and cold rumours of potential players to join.
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