Published in the athletic this evening - Leicesters premier league rivals and football finance expert Kieron O’Connor (who published an analysis of Leicesters estimated accounts) are expecting Leicester to have breached the £83m allowed losses for the 3 years up to 2023/24. A charge could be announced by the PL as early as Monday with a points deduction fast tracked for this season
Perhaps even more incredible is that it’s now been suggested that Leicester missed the PSR deadline when selling KDH to Chelsea by 2 days. If both of these events turn out to be true (as is widely expected) then there is absolutely no more excuses left for this ownership.
Those fans (and we know who they are) that have fiercely defended Top and the board - making out as recently as last season that lessons had been learned and that the club were not at fault for the first breach (which we avoided anyway), need to hang their heads in shame. If they were brave enough they would come back onto this forum and admit how wrong they were - but we all know that won’t happen.
Surely if the club are charged - alongside the mess they’ve created on the pitch this season - this has to be the turning point. Even the usually spineless King Power crowd will surely start to turn their attention to the board.
This cannot be allowed to continue because Tops father achieved a spectacular miracle 10 years ago. The fans cannot allow the club to be run like a Mike Ashley comedy circus tour and along with the Foxes Trust - the fans will have to finally stand up and hold these owners to account. The King Power group are driving this club into a completely unsustainable future - one that it won’t recover from, not even under the next ownership.
Let’s wait and see - but even if we get away with it yet again - we all know it’s only a matter of time before we get caught by the EFL.
#KingPowerOUT
Leicester expected to breach PSR for 23/24
posted on 9/1/25
The club has properly snookered themselves over this. A points deduction this season means we are 100% relegated (let's face it, we are most likely going down anyway, this would just be the final nail in the coffin), and then face the prospect of the EFL hitting us with a points deduction for our previous breach, likely followed by a transfer ban and possibly an enforced business plan (which, TBH, might not be the worst thing in the world, seeing as how the club seems incapable of producing one). Which likely means at least 2 seasons in the EFL, assuming we somehow get our act together. Which means we are back to being the yo-yo club that Vichai moved us away from being.
I am seeing a few fans already either defending the club, or saying that it is PL/EFL spite moreso than incompetence from the owners. To be clear, two things can simultaneously be true:
1) The PL implemented financial rules that have either unwittingly or deliberately curtailed the prospects of clubs like Leicester from challenging the elite ("we don't want too many Leicester Citys" ) and both they and the EFL are deliberately coming after us to make a statement;
2) The ownership have known about these rules for a very long time and have done a disastrously bad job in ensuring the club complies with them, and have allowed incompetence and negligence from the 2021 summer transfer window onwards to ruin almost a decade of progress, putting us at the mercy of the vultures.
I will also add that the legitimacy of argument #1 is also currently being challenged, as clubs who have been promoted long after us and have had even less time to build their status to comply with the rules, are currently challenging for the very European places we were in pre-2021 (see: Forest, Bournemouth, Brighton).
Overall, it is just a very bleak situation for supporters of the club as they watch a club that achieved so much be just torn apart, mostly due to our own incompetence and negligence. This has, so far, been the worst season supporting the club IMO. Even the 2007-08 season wasn't quite as bleak as this. I have a ticket for the Fulham gave but I am not even sure if I will bother going or not, as I am not sure it's worth getting cold and miserable for 90 minutes of dross as we get closer to relegation and all that will entail over the next few years.
Happy New Year!
posted on 9/1/25
Foxello, I find little to disagree with in your comments. Even point 1 has some foundation from our own actions, we've legally made both the EFL and EPL look like mugs over the last couple of years - if I were them I'd be absolutely apoplectic. They can of course bide their time to get their revenge (a dish best served cold), although the EPL are likely to be able to start wreaking havoc at us soon. We've certainly 'poked the bear' or 'pulled the tiger's tail' (insert favourite metaphor here) and I await the outcome of that with some trepidation.
I put the blame for the situation we are in squarely on the management rather than the owners. That it has been allowed to continue without any changes is however down to Top, who has thus far proved himself singularly inadequate for the role he was unfortunately thrust into on the sad demise of Khun Vichai. I keep hoping he'll learn but that fades with every day that Rudders remains in position. I just can't see how Vichai would have presided over such a mess without taking action to adjust the DoF role which has had such a deleterious impact on us over the last 3-4 years with generally poor transfer dealings and oversight of managers.
To end on a slightly brighter note, we're not relegated yet, there have been some good signs from the team recently although performances will need to translate into results. Strengthening is obviously essential so we'll see what happens over the next few weeks.
posted on 9/1/25
That's a good point Nuneaton RE making ourselves an even bigger target for the PL and EFL. Whilst humiliating them both by riding roughshod through a set of rules that aren't worth the paper they are written on was entertaining, it has left us in a situation now where any punishments we do get will be at the upper range of the scale, with no chance of mitigation.
I hope the club has some sort of contingency plan in place for what happens if we do get a transfer ban next season. If we are going to be punished anyway, you would hope the club would act accordingly, use this transfer window to bring in 4 or 5 players who will be useful for the Championship next season, and then be in a slightly better position to deal with any such ban. That is what Chelsea did a few years ago. Sadly I don't think the powers that be have any such foresight and we will end up stumbling into more penalties, leaving us with not just a points deduction but a ban on transfers as well. The one good thing might be that youngsters like Will Alves, Brandon Cover and Jeremy Monga actually get a good run in the team next season.
posted on 9/1/25
Just seen Dyche has been sacked - surely with an incoming points deduction and rumours of Ruud leaving if Leicester don’t back him this window (and we won’t) - he’s the only candidate left isn’t he??
posted on 9/1/25
Just been listening to Ruud on the Boot Room, he doesn't sound too happy about the transfer situation.
When he leaves, Moyes is still available isn't he? Dyche wouldn't be the worst appointment for where we are.
posted on 9/1/25
Nuneaton, Moyes has stated that he won’t be interested in joining a club in a relegation fight.
They apparently had promised to back Ruud in January, so I won’t be surprised if he walks if they don’t.
I don’t think anyone can keep this club up without signing a decent quality RB and a winger, as a minimum.
posted on 10/1/25
As soon as I saw Dyche was sacked yesterday, I thought thats our next manager, 100%.
Ruud is likely to leave as the club is unable to fulfil the promises made to him when he signed up. With no funds available to bring in new players, we are doomed to relegation.
The only way we can sign players this window is if Hermansen gets sold for a good fee, dont accept less than £40m for him. Is he really still injured or is a transfer being lined up? Man Utd or Chelsea?
My crystal ball is saying Ruud will leave in 2 weeks time and Dyche will come in, we will be relegated and Dyche will stay on with us in the championship next season playing the kids - battling against another relegation most likely!
posted on 10/1/25
Sean Dyche is one of few managers who could make me yearn for the good old days of Steve Cooper. The others being Sam Allardyce and Frank Lampard.
posted on 10/1/25
comment by Appletonsthename (U10074)
posted 15 hours, 28 minutes ago
Nuneaton, Moyes has stated that he won’t be interested in joining a club in a relegation fight.
They apparently had promised to back Ruud in January, so I won’t be surprised if he walks if they don’t.
I don’t think anyone can keep this club up without signing a decent quality RB and a winger, as a minimum.
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He must have been economical with the truth then as he's supposed to be talking to Everton about taking over there.
posted on 10/1/25
comment by Foxello - "a miserable Rodgers obsessed weirdo" (U6985)
posted 1 hour, 31 minutes ago
Sean Dyche is one of few managers who could make me yearn for the good old days of Steve Cooper. The others being Sam Allardyce and Frank Lampard.
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Tony Pulis anyone? maybe Stevie Gerrard?
I'm not saying Dyche is the most exciting appointment I could think of, just that we need someone who can potentially keep us in this division and he has a decent track record at that with struggling clubs.