Bedfordspurs
Mark Falco
The two players from lestah that I’d love are Barnes and Maddison
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The Official 2022/23 Premier League Thread
- Thread starter glorygloryeze
- Start date
Dicko
Paul Stalteri
I agree. Rodgers seemed quite resigned to the fact that this squad will be dismantled and that the owners needed to sell their best assets when he was moaning a bit a few weeks ago. I just wonder how desperate they are for money though? If they don't fear going down then maybe they would be open to some January bids, otherwise I think like most clubs they will try to hang on to everyone until the summer
Bedfordspurs
Mark Falco
They will try to hang on and then believe their a big club
They didn’t spend this summer because of European FFP even though they aren’t in Europe
Their owners aren’t going away and will spend
Toelemans is leaving for free though and Maddison will have one year left in the summer
That’s £100m worth of players gone
Their owners money comes from owning the duty free rights in thailand. They were hit badly by covid.
Bedfordspurs
Mark Falco
They are stifle worth loads
And they are paying for expand the ground
As you said they are not in europe so uefa ffp does not effect them. Pl ffp allows much bigger loses.
King Power turnover fell from €2.6bn in 2019 to €900m in 2020 to €512m in 2021. They took a hit.
Bedfordspurs
Mark Falco
They had about £4B in the bank though
King power? Or the family?
Bedfordspurs
Mark Falco
Yes his net worth is $1.7bn.
https://www.forbes.com/profile/aiyawatt-srivaddhanaprabha/?sh=4e5f223f712e
His fathers was estimated about $5bn. As i said they took a hit.
Bedfordspurs
Mark Falco
No the family’s worth is about £4B and the family own the club
I know some people at lestah
They are fine money wise
The title of the article says Aiyawatt Srivaddhanaprabha & family
Bedfordspurs
Mark Falco
So they have lost about 2.5B since his dad died?
I mean in 2021 this article have their worth at double that https://www.leicestermercury.co.uk/...ews/leicester-city-owner-khun-top-4783399.amp
Yes it seems so. Obviously most of their wealth is tied to their business. If the value of that drops their net worth drops. It might recover as tourism is back and it will go up again. But they took a hit. At the moment it seems leicester has to live within it's means.
Bedfordspurs
Mark Falco
Maybe
I’m very sceptical
They had cash not assets
The company is just adding to that cash
But we will see soon
It won’t change contract situations
Kandi1977
Garth Crooks
My wife is Thai, and I spend a lot of time there, and read Thai news regularly. King Power have stopped a lot of ongoing investments due to the market failing and even stopped building a new mega tax-free shop in Bangkok. It's half finished, but they have pulled out, so yes, they're "struggling".
Bedfordspurs
Mark Falco
But it wouldn’t necessarily mean they have lost half their fortune would it? I remember going to one of their centres in Bangkok when we were there and it was huge, like a UK shopping centre but all one brand owned
K.D.D.D.D.Soc
Ian Walker
Can make that up to shirt sales with his name on.
Kandi1977
Garth Crooks
So Jenas and Danny Murphy said none of the penalty appeals that Nottingham Forest had were penalties, because PGMOL had stated that minimal contact should not lead to penalties. But De Breune, which was much less of a penalty than any of Forests', was "clever". It was less than minimal, barely a touch, which did not impede De Breune at all, but he went down like a sack of potatoes.
departs!
departs!