Relegation - What next.

[alfinyalcabo]

Well, this is presumably one bit of good news.....

https://motleedsnews.com/boardroom/a...s-enterprises/

although it appears that Kinnear will be staying, good or bad?

https://motleedsnews.com/boardroom/l...oad-boardroom/

WTF..I've Just seen that their valuation of Leeds has come down to 170million from the 400million they were valued at in the Premier league, that's a massive drop and cheap as chips if he sells Leeds at that price. 🤔

[norfolk white]

He bought them for 45 million, I believe, so still a good deal for him.

[WTF11]

WTF..I've Just seen that their valuation of Leeds has come down to 170million from the 400million they were valued at in the Premier league, that's a massive drop and cheap as chips if he sells Leeds at that price. ��

The reduced value has been public knowledge for weeks, and isn't anywhere near a surprise. It's most definitely NOT cheap as chips, you have to look at what other Championship clubs could be acquired for to judge. Even those who haven't obtained promotion to the PL this season, like Blades and Luton, wouldn't be much more, the original LUFC valuation was all about our "big club" profile, once we were relegated that was never going to stand up (and Radrizzani must have known and done f00k all about it!).

[WTF11]

Ok, so, the domestic window opens on June 14 (although clubs won't be able to sign players based overseas until the international window opens on Saturday July 1).

That's ten days away.

The new season starts on 12th August

That's just under ten weeks, or 70 days, away

Until we have the ownership issue sorted, the only person who can sign contracts with ANYONE, in any capacity, is Radrizzani or a nominated representative as he is, for now at least, majority shareholder and thus owner of LUFC.

A week has passed since relegation was confirmed, and the only matter of fact that has emerged is that Radrizzani was prepared to offer Elland Road as security against a loan intended to support the purchase of Sampdoria. The fact that the loan was never carried through is irrelevant, what matters is that Radrizzani was prepared to offer ER as security, without informing the minority shareholder, 49pers Enterprises who are at present co-owners of the ground via their minority shareholding! How that will have affected the relationship between the two shareholding parties can only be guessed at, however I suspect it hasn't improved it, and I also suspect it will make arriving at a conclusion on any takeover more rather than less difficult.

We also have the Radrizzani Twitter "letter", speaking of aspects of rebuilding, learning from mistakes (yeah, right!), etc etc, little or no indication that he is "on his way, and other "rumours" that he and Kinnear would stay on following a full takeover in some kind of "transition" period....WTF?

None of the above will play well with those who might be attracted by the prospect of managing/coaching at LUFC, given our history and profile (at least up to the last two seasons!), nor with players who might, at one stage, have considered joining LUFC and helping to get us back to the PL a challenge worth accepting, given that right now, we don't know who the owner(s) will be, nor the coach/manager, nor how many players (and of what calibre) might be on their way to other clubs.

10 days to transfer window, 70 to seasons start. tick tock, tick tock.

5 of the ten days to transfer window opening gone, 5 left and.....errrr, not much. Tick tock, tick tock.

[norfolk white]

Nope, not a manager, not a dof, not a player of any intent...zilch, my local club...norwich, have signed 3 already, why don't we just sit around and play catch up, that's a good idea, instead of hitting the ground running like the supporters are owed.

[WTF11]

Nope, not a manager, not a dof, not a player of any intent...zilch, my local club...norwich, have signed 3 already, why don't we just sit around and play catch up, that's a good idea, instead of hitting the ground running like the supporters are owed.

Frankly less concerned (only just mind!) about manager/coach/player discussions than the takeover concluding. Without that happening, nothing else can move as no-one has the contractual authority (except our current owner and sidekicks) to sign anything.

[WTF11]

If he thought it was tense in the run up to seasons end in the PL, he's in for a shock when he gets used in a Championship match;

https://sportwitness.co.uk/everythin...e-elland-road/