Time for the owners to sell up

[StanSP]

1 hour ago, Sly said:

Yes, although it isn’t projected to return to normal levels until 2024.

 

They’ve invested in other business streams as well, so who knows where the priories lie.

 

I wonder what the OHL fans make of King Power?

 

@Phugalu

@Bonanza

@Pelotas

@demakke

Is the other business streams returns likely to help us? I think they're committed to LCFC and won't sell up unless we're in a better position. It doesn't make sense for them to sell right now. 

[Claridge]

7 hours ago, Daggers said:

Interesting that some have emotionally tied themselves to an owner like fawning chattel.
 

And quite nauseating to boot.

What a load of nonsense, sound like some idiotic class war warrior. Some people seem to be so entitled and ignore what the club was like before they came. Massively nauseating

[Sly]

5 hours ago, StanSP said:

Is the other business streams returns likely to help us? I think they're committed to LCFC and won't sell up unless we're in a better position. It doesn't make sense for them to sell right now. 

It depends really, only those working within the King Power Group will understand how they go around capital purchases like transfers etc. 

 

In a normal business model for a large organisation, you’d typically have a  annual capital expenditure budget.
 

Let’s say for the King Power Group this is £100,000,000. I’m guessing each KP business would submit a business case for a proportion of that pot of money. 
 

Leicester might request £30,000,000 of that. They then would likely need to validate various player options (at different values), with each having a return on investment, future sales value, wages, yearly signing on bonus etc. They’d potentially be viing for money with the other KP businesses. If King Power aren’t seeing the return on investment for that money, that they would get from another KP business, we may get rejected and have nothing to spend (Sort of like what happened in the summer).
 

Also, would the KP board might potentially be more risk adverse, having seen the returns from our last spending spree, that has been a bit of a disaster, Fofana aside? 
 

Additionally, we all assume that the money from player sales at LCFC are re-invested into the club. In reality we don’t even know if that is true. For all we know, we might have sold Fofana to fund the next stage of payments in King Powers Thailand airport expansion. Only those within King Power / Leicester will know how cash flow works within Leicester / King Power.
 

For all we know, the loans we’ve taken out against TV monies could be for the generally day to day running of the club. If we were to get relegated and struggle to pay those, legally King Power in theory could liquidate Leicester City Football Club, as due to my knowledge King Power aren’t a guarantor? I’m not sure they would do that morally, however people make some strange decisions when losing millions of pounds.

Edited 5 January 2023 by Sly

[FLINTHAMFC]

40 minutes ago, Claridge said:

What a load of nonsense, sound like some idiotic class war warrior. Some people seem to be so entitled and ignore what the club was like before they came. Massively nauseating

Ain't that the truth.

[Sly]

6 minutes ago, FLINTHAMFC said:

Ain't that the truth.

You can appreciate where you’ve come from, whilst also aspiring to be better.

 

Maybe some people need to temper their expectations though 

[MancFox24]

12 hours ago, Babylon said:

Have you actually paid any attention to what goes on at the club.

 

We installed a head of recruitment at his request, Congerton was HIS man. We were warned and warned by Sunderland and Celtic fans that he was absolute bobbins, and Rodgers says he has the final say on transfers. 

 

So you can say that the people at the top allowed him to do all of that and gave him too much control, that's fine and it's true. But if you are trying to absolve him and HIS man of transfers, when they are literally the two guys with final say on who we sign, that's laughable. 

 

We had a great injury record before he arrived. Rennie was go given the green light to dictate workloads and training schedules. Since Rodgers came in, the injuries have gone through the roof and we've binned off a bloke who had an incredible record for us. Why exactly do you think that was? You don't get rid of part of the furniture with a great track record without the manager pushing for it due to disagreements. His excuses and reasoning was also total bull plop that made no sense, as he then backtracked on it down the road. 

 

I don't think the problems immediately vanish, because he's overseen a total shit show of a deterioration of the squad. Through poor signings, wrecking players with injuries and alienating so many I doubt they want to be here. We're in a mess and it's going to take a lot of time to sort this shit out. 

 

Questions have to be asked about others, the DOF and his inexperience, once again causing issues in certain areas. He's learnt as we go along, but letting the wage bill spiral is a big mess... but essentially it does only become a problem when you sign shit. Nobody had an issue with a large wage to turnover % when we were doing well. Nobody is absolved from criticism, but the manager has been given more power than most have had here for a long time, previously others worked within OUR system. He's created his own and it's slowly crumbled. 

Or maybe there's been more injuries because we've been a successful team who go deeper into cup competitions and play in Europe without the squad to be able to rotate. And maybe that's the reason Rodgers said that the squad needed a refresh in the summer (and only got told there was no money when they returned for pre season). And alot of the players that we need to get rid of are ones that were bought before Rodgers got here- Soyuncu, Mendy and Iheanacho. Alot of our recruitment was shit long before Rodgers got here.

 

As for alienating squad members, I just don't see it. I can only remember him calling out 3 players by name since he got here. Under, Soyuncu (who he stayed loyal to for way too long) and Vestegaard (a panic buy after Fofana broke his leg- but I guess this was Rodger’s fault as well). As bad as we've been at times this year, I don't get the impression the players aren't playing for him.

 

The funny thing is I'm defending a bloke I don't really like that much. He can be arrogant and self serving. But he's been one of the most successful managers in our history- that success wasn't all because of him in the same way the failings now aren't. I just don't get and will never get the utter hatred some fans seem to have towards him.  

Edited 5 January 2023 by MancFox24
Incorrect info

[fuchsntf]

On 04/01/2023 at 00:02, adejo92 said:

Let's face it, our club was Vichai's baby, not Tops.

 

Top might be included on the official documents as having some ownership, but I'd go as far as saying 100% of decisions were made by Vichai.

 

Top hasn't got a clue. He's inherited something way beyond his capabilities & knowledge and he's sinking us.

Vichai bought it for his son,I was led to believe...

[Chrysalis]

21 hours ago, ian__marshall said:

1) Top issued a statement a few months back in his programme notes reaffirming his commitment to the club. 

 

2) I have no reason to doubt his commitment as him and his father have always appeared to have had the clubs best interests at heart since they took over and so have built up a great deal of trust over a significant period of time. 

 

3) The only person peddling the lack of commitment narrative is Rodgers, and he talks so much sh*te in-order to protect his own reputation that I don't respect a thing he says. 

 

4) Is it totally inconceivable that they just might be holding back investment for BR given the support he's had previously and a potential lack of confidence in him? Admittedly one might argue if that's the case then just get rid. 

 

5) There's a possibility that money isn't an issue at all but we simply can't spend it due to an over bloated squad and our position in terms of FFP/Sustainability rules. 

 

6) Why announce huge plans for a stadium redevelopment if you have no intention of seeing them through?!? Surely you'd just be setting yourself for a fall. 

 

7) Pure and simply from a business perspective it would make zero sense to cease support now. If he/family want out they won't get anywhere near the value they'd be after from a prospective buyer if we end up in the EFL. 

 

I admit that recent ongoings at the club are rather bizarre and are concerning but again as mentioned previously I think this is largely due to naviety/lack of understanding rather than a deliberate attempt to run the club into the ground. Without doubt I think Top should be given the benefit of the doubt, he and his family have earnt that at least, and fundamentally it is their money that is at stake. 

Thank you for the explanation, I can offer my counter points.

1 - Not enough to do a proper press statement, programme notes felt lazy, and he wouldnt be the first owner to lie.

2 - Him and his father are two different people.  His father acted like he fell in love with the club, Top is acting like its a job.

 

3 - True to a degree, Top has himself to blame for that by not speaking out.  However I feel the players actions speak for themselves as well, our squad is acting like they know the club has no direction.  Seen it many times at other clubs when owner loses interest.

 

4 - Its possible either way on that one.  But if they dont trust him, as you said why is he still in the job? the only answer would be its the kind of thing an owner who has lost interest would which is to keep a dead man walking manager in a job.

 

5 - This is down to if we believe what Top has said. 

 

6 - The plans have been around for a while, cancelling those plans sends a big negative message, we will see if anything actually happens here, personally I am not expecting any work to start.  But of course I might be wrong.

 

7 - We already seeing actions that make no business sense, when interest is lost, the short term takes priority over the long term.

Thanks for the points been made and the acknowledgement recent events have been odd.  I am hoping I am wrong.

[Babylon]

13 hours ago, MancFox24 said:

Or maybe there's been more injuries because we've been a successful team who go deeper into cup competitions and play in Europe without the squad to be able to rotate. And maybe that's the reason Rodgers said that the squad needed a refresh in the summer (and only got told there was no money when they returned for pre season). And alot of the players that we need to get rid of are ones that were bought before Rodgers got here- Soyuncu, Mendy and Iheanacho. Alot of our recruitment was shit long before Rodgers got here.

Without the squad to rotate? We had a squad with plenty of players capable of being rotated back when we were actually in Europe, and we played 6 more games than we did when we were in the championship. The reason we couldn't rotate was because he'd injured them all... the Injuries started before we'd even got into Europe. 

 

Funny that you mention three players perfectly fine as squad players... we've bought Praet and Soumare to replace Mendy, and I think I'd still rather have Mendy than either of them. 

 

13 hours ago, MancFox24 said:

As for alienating squad members, I just don't see it. I can only remember him calling out 3 players by name since he got here. Under, Soyuncu (who he stayed loyal to for way too long) and Vestegaard (a panic buy after Fofana broke his leg- but I guess this was Rodger’s fault as well). As bad as we've been at times this year, I don't get the impression the players aren't playing for him

Praet, Iheanacho (getting dropped despite basically carrying us single handedly for the end of one season). Discarding players when in fine form just means they aren't going to give a s*** when called up. 

 

Signings have been crap before he arrived, yes. But so much has been utterly nonsensical, we've neglected RW and collected CM's, that we got and then decided he didn't want. 

[StanSP]

I don't buy programmes any more and haven't done so for a good few years. 

 

What have the recent chairman comments been like, if anyone has bought them? I know they're generally full of clichés and more of what people want to hear, but just wondered if anything had been said about direction of the club or how the owners see the current form/standing in the league. 

[Babylon]

2 hours ago, Chrysalis said:

Thank you for the explanation, I can offer my counter points.

1 - Not enough to do a proper press statement, programme notes felt lazy, and he wouldnt be the first owner to lie.

 

A statement is a statement, if people are going to cry about him not saying anything, how can people then say "oh well he could be lying", they can't win.

2 - Him and his father are two different people.  His father acted like he fell in love with the club, Top is acting like its a job.

Based on what, that's just nonsense.

 

3 - True to a degree, Top has himself to blame for that by not speaking out.  However I feel the players actions speak for themselves as well, our squad is acting like they know the club has no direction.  Seen it many times at other clubs when owner loses interest.

Again, this ism just speculative nonsense. Good players ALWAYS want to move on, Kante and Mahrez and Drinkwater etc all left under his father. A lot of these players have been here a long time and know it's unlikely to improve on what we've already done. That's just realism. We've victims of our own success.

 

4 - Its possible either way on that one.  But if they dont trust him, as you said why is he still in the job? the only answer would be its the kind of thing an owner who has lost interest would which is to keep a dead man walking manager in a job.

They don't want to have to sack the manager, for all of his faults we've had good success under him. As we did with Puel, Ranieri and Pearson, we gave them far longer than the fans thought they should have.

 

5 - This is down to if we believe what Top has said.

Has he or anyone else ever given you cause to not believe them> 

2 hours ago, Chrysalis said:

 

6 - The plans have been around for a while, cancelling those plans sends a big negative message, we will see if anything actually happens here, personally I am not expecting any work to start.  But of course I might be wrong.

It would be fool hardy to break ground at this moment, it doesn't show a lack of care or support if they don't.
 

7 - We already seeing actions that make no business sense, when interest is lost, the short term takes priority over the long term.

 

He's provided more financial support personally and via king power since covid than they did previously.

Thanks for the points been made and the acknowledgement recent events have been odd.  I am hoping I am wrong.

 

[TJQuik]

19 hours ago, Claridge said:

What a load of nonsense, sound like some idiotic class war warrior. Some people seem to be so entitled and ignore what the club was like before they came. Massively nauseating

I'm trying to look for some argument in here but all I can see is insults.

[JJD_LCFC]

15 hours ago, MancFox24 said:

Or maybe there's been more injuries because we've been a successful team who go deeper into cup competitions and play in Europe without the squad to be able to rotate. And maybe that's the reason Rodgers said that the squad needed a refresh in the summer (and only got told there was no money when they returned for pre season). And alot of the players that we need to get rid of are ones that were bought before Rodgers got here- Soyuncu, Mendy and Iheanacho. Alot of our recruitment was shit long before Rodgers got here.

 

As for alienating squad members, I just don't see it. I can only remember him calling out 3 players by name since he got here. Under, Soyuncu (who he stayed loyal to for way too long) and Vestegaard (a panic buy after Fofana broke his leg- but I guess this was Rodger’s fault as well). As bad as we've been at times this year, I don't get the impression the players aren't playing for him.

 

The funny thing is I'm defending a bloke I don't really like that much. He can be arrogant and self serving. But he's been one of the most successful managers in our history- that success wasn't all because of him in the same way the failings now aren't. I just don't get and will never get the utter hatred some fans seem to have towards him.  

I know we are both Leicester fans but I am sure it is ok to raise a different perspective. Regarding signings being poor before Rodgers arrived. I do only think this massively happened under Sven, and Pearson cleared a lot of these signings away to create and build our club. Ranieri had money for the champions league and agreed that was spent poorly, Puel came in and did some good ground work to create a very strong starting 11 which just needed a more attacking coach to come in and add too. If you have a moment,  look at Brendans career signings. How many have been successful? https://www.transfermarkt.com/brendan-rodgers/spielertransfers/trainer/1366

In the top 25 of the most expensive signings whilst he was in charge of a club. Eduoard at Celtic, Coutinho, Sturridge, Fofana and Tielemans were good. He has always performed poorly in the transfer market. Now potentially it is not fair to blame every signing on Rodgers as we do not know 100% he signs them, but look at Liverpool since he left, Klopp came in and spent the money on new signings very well. Firmino was poor under Rodgers, Klopp came in as well, a new system and Firmino was excellent for a few seasons. Celtic have a new manager, contacts to the Japanese market and have done well their too. We were warned from Celtic fans before he came. I would say Rodgers has had the best backing any manager in our clubs history and managed to waste millions. 

 

Yes the 3 players you mentioned were signed but they are not bad players. Kelechi if played properly is a finisher. Not a RW. Play him in a 2 and he is very effective as we have seen when he gets a run of games. Giving him 10 minutes per game is dreadful management. Soyuncu if he was so poor would not be wanted by Atletico Madrid. He has gone from the team of the season to never getting game time. I might be wrong but I think he played against Man City pre World Cup break and did not let us down. Mendy has never been a poor player, admittedly not as good as we would have hoped. 

 

Regarding your comment players are playing for him. We did create chances v Fulham to win the game, Liverpool was a spirited performance, Newcastle was abysmal yet a penalty in 90 seconds set the tone. However, I do have a huge concern with how many players want to leave and I do feel the manager has wanted to leave for a while too which has not helped this situation. The Newcastle defeat and dismal performance is not a one off yet for some reason our board, fans have to accept these defeats. Forest away in the cup, that should be a sackable defeat if we had any standards any more. The Bournemouth defeat, Spurs and Kane have a field day against us with Rodgers in charge. The starting 11 when he took over to now has never been improved. After 4 years surely this is enough time for the coach to have his own team in place. 

 

Hatred is a strong word but I do think you are correct with this for some of the fans options on Brendan. I would imagine the hatred comes from the fact that he is extremely arrogant as you mentioned, puts himself first above the club, blames everything other than himself for performances + results. The media love him, for some reason they think he is better than our club, using us as a stepping stone to one of the top 6 clubs. He alienates the whole fan base. I know what money a person earns should really be used against them but he is our highest paid manager in the clubs history, 5th highest salary in the premier league and we do not see any sign of coaching or a change in approach which you would expect one of the best coaches in world football to be able to do. I understand he has always played possession football, but when you do not have the players for this. Ward, Thomas, Amartey, Ndidi are all not good enough on the ball, surely you have to play to each players strength to get the best out of the team? 

 

We do have an injury issue, but this has been poor since Rodgers came in. He changed the medical department, sacked Dave Rennie ( if I am not mistaken on his name) and we have a worse record of injuries under this management team. James Justin had a bad injury and as soon as he was fit he started 3 games in a week and we are meant to be surprised he got another injury. Similar to Ricardo came back too soon. In between the Roma games, Dewsbury Hall and Tielemans were really poor in the 2nd leg, they did not need to play in all games between these semi final matches. Why start and play against, Newcastle, Everton and Aston Villa in quick succession and wonder why both players performed well below standard in the only game that mattered in the end of season. 

 

I was delighted when Brendan first came in, I just don't really understand the change in his first 18 months (which was a brilliant team and one of the best Leicester sides I have ever seen in 30+ years) to where we are today. 

 

 

[Out Foxed]

we all said Rodgers would be shit at signings. the club maybe should have had the same view as us and sought to mitigate it, maybe they did and Rodgers refused to join without his pal.

 

but 99% of us called it out on here. 

[sacreblueits442]

On 03/01/2023 at 23:21, CosbehFox said:

But here’s the thing I don’t get then - I’m sure Babs can explain it - why do we keep going to an bank to mortgage off future incoming sums of money to provide liquidity in cash? 
 

said elsewhere we seem to ignore the opportunity to sell naming rights and king powers sponsorship is quite modest 

...getting King Power's name out there was a major factor!!!

  Getting into the Premier League was the goal, with all the games being shown all over Europe  and beyond.  This would have been the icing on the cake for Top and Vichai, but to then go and win the league was something that was more than could have been expected.  For the outlay in purchasing the club, the advertising budget was nothing for bringing their company to the fore.

  Keeping the name of the stadium keeps the brand name in the publics eye, and sponsorship (FBS) was a way of introducing much needed funds to help fund the club.

  As previously stated, the fact that Vichai's probate situation has not yet been finalised, and the perceived family infighting needs to be addressed, before Top can assess how he can take King Power, and this club forward. 

  We appear to be at an impasse, we are at present muddling through.

[sacreblueits442]

On 05/01/2023 at 12:15, Fox92 said:

Using two clubs that were once run poorly as examples isn't an argument.

 

There are plenty of well run clubs in the Country, more well run than not.

 

The whole "where would we be without King Power" just doesn't make sense. They haven't taken us from non league like Wigan. We've played third tier football once in our entire history. Don't pretend we're lucky to be in the top flight.

...the investment brought in by King Power enabled us to get ourselves out of the Championship!!!

  We would more than likely still be there if KP had not chosen to invest and defer payback of monies that they had put into the club, and converted to shares.

  The consortium who put in money to get us out of administration never got their money back, we were floundering. 

  All that has comes from their involvement with the club, winning the league, the Premier league and FA Cup, playing in the Champions League, playing in Europe, does not happen,  we needed to have had the finance available, in order to have been able to be in a position to achieve all this.

  Their investment changed everything!!

[sacreblueits442]

On 05/01/2023 at 18:25, Sly said:

It depends really, only those working within the King Power Group will understand how they go around capital purchases like transfers etc. 

 

In a normal business model for a large organisation, you’d typically have a  annual capital expenditure budget.
 

Let’s say for the King Power Group this is £100,000,000. I’m guessing each KP business would submit a business case for a proportion of that pot of money. 
 

Leicester might request £30,000,000 of that. They then would likely need to validate various player options (at different values), with each having a return on investment, future sales value, wages, yearly signing on bonus etc. They’d potentially be viing for money with the other KP businesses. If King Power aren’t seeing the return on investment for that money, that they would get from another KP business, we may get rejected and have nothing to spend (Sort of like what happened in the summer).
 

Also, would the KP board might potentially be more risk adverse, having seen the returns from our last spending spree, that has been a bit of a disaster, Fofana aside? 
 

Additionally, we all assume that the money from player sales at LCFC are re-invested into the club. In reality we don’t even know if that is true. For all we know, we might have sold Fofana to fund the next stage of payments in King Powers Thailand airport expansion. Only those within King Power / Leicester will know how cash flow works within Leicester / King Power.
 

For all we know, the loans we’ve taken out against TV monies could be for the generally day to day running of the club. If we were to get relegated and struggle to pay those, legally King Power in theory could liquidate Leicester City Football Club, as due to my knowledge King Power aren’t a guarantor? I’m not sure they would do that morally, however people make some strange decisions when losing millions of pounds.

..or the loan taken out is paid back over a period of say 5 years amortised at £20m per year!!!

 As this is money is leveraged against final position, then you are adding  more expense to the next years budget. If we have made 4 payments by now, then we would only have another £20m before the loan is cleared.

  A reprisal of this for the stadium is sustainable, we probably have the money available to us but not drawn down as yet. If we commit and start the dig next year we can still afford to pay back £20m per annum to finance the build.

 Once all these builds are paid for, we then have the finance to invest in the squad and will be future proofed to an extent. 

[Clever Fox]

2 hours ago, sacreblueits442 said:

...the investment brought in by King Power enabled us to get ourselves out of the Championship!!!

  We would more than likely still be there if KP had not chosen to invest and defer payback of monies that they had put into the club, and converted to shares.

  The consortium who put in money to get us out of administration never got their money back, we were floundering. 

  All that has comes from their involvement with the club, winning the league, the Premier league and FA Cup, playing in the Champions League, playing in Europe, does not happen,  we needed to have had the finance available, in order to have been able to be in a position to achieve all this.

  Their investment changed everything!!

I'm surprised to hear that, I thought paying off the consortium was part of the takeover.

At the very least they should have something to commemorate what they done for the Club. Be it a Plaque or life membership at the very least.

[Sly]

16 minutes ago, Clever Fox said:

I'm surprised to hear that, I thought paying off the consortium was part of the takeover.

At the very least they should have something to commemorate what they done for the Club. Be it a Plaque or life membership at the very least.

King Power purchased from Mandaric. 

[cruzFOX]

it all feels a bit stagnated at the mo. Reading everyone’s comments there’s just too much uncertainty and while not all the negatives might be true some very well might just be. I wouldn’t go so far as saying we’ve lost our direction. Vichai’s vision is still strong and worth Persuing. Only top will know what his dad imparted on him in their close conversations. Top is a different guy and we have to accept that. He will make decisions his way. We’d all love for him to be more forthcoming but maybe it’s not his style. Btw Who is in charge of our foxes supporters trust? Can they not set up a closed doors meeting with the board and discuss what’s going on? The fans just want to be put at ease. 

[Clever Fox]

On 05/01/2023 at 23:25, fuchsntf said:

Vichai bought it for his son,I was led to believe...

This was my understanding also.

 

Top was the Leicester Fan and he talked his Father Vichai into buying the Club.

 

Vichai then very quickly fell in love with us and all things Leicester.  

[moseeds]

This thread is a bit too reactionary. The club's in a tough position to an extent due to risks that failed to materialise and loyalty to a manager. We're all quick to bemoan the lack of loyalty and patience in football. The club stood by Rodgers last year when it was easier to sack him. Rodgers has clearly lost his spark and needs to be put out of his misery. But suggesting the owners also need to go too is extremely short-sighted imo. That level of upheaval would be a bigger risk than all of the bad player buys and salaries paid in the last few years.

[David Hankey]

6 hours ago, Sly said:

King Power purchased from Mandaric. 

The best bit of business Manadric ever did.

[Freeman's Wharfer]

10 hours ago, sacreblueits442 said:

...the investment brought in by King Power enabled us to get ourselves out of the Championship!!!

  We would more than likely still be there if KP had not chosen to invest and defer payback of monies that they had put into the club, and converted to shares.

  The consortium who put in money to get us out of administration never got their money back, we were floundering. 

  All that has comes from their involvement with the club, winning the league, the Premier league and FA Cup, playing in the Champions League, playing in Europe, does not happen,  we needed to have had the finance available, in order to have been able to be in a position to achieve all this.

  Their investment changed everything!!

I hear this a bit. It’s become quite a used phrase over the past 10 years to give further credit to King Power and I’ve got to call it out.

 

The reality is we’d just finished in the top 6 and narrowly missed out on a play-off final when they took over. We had a great manager in Pearson who was building a young, hungry squad with momentum.

 

One of the first decisions they would have been involved in was the one to let Pearson go to Hull. They actually took us backwards a little when they first arrived and it was only when they consulted the senior players who said they wanted Pearson back that we started to upturn again.

 

If we were talking about a take over prior to the League One season then, fair enough, we were heading nowhere fast other than down then. But we were on an upward trajectory when King Power took over.

[Bonanza]

On 05/01/2023 at 12:56, Sly said:

Yes, although it isn’t projected to return to normal levels until 2024.

 

They’ve invested in other business streams as well, so who knows where the priories lie.

 

I wonder what the OHL fans make of King Power?

 

@Phugalu

@Bonanza

@Pelotas

@demakke

As an OHL fan I can only say I'm delighted with King Power!

A lot of Belgian clubs have foreign owners, but most of them don't have the best intentions with their clubs.

 

We're lucky to have them!