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The mistakes since relegation..(long read!)

It's often touted by supporters of Top and the KP group that our fortunes are the result of a serious mistake in the 2021 season, compounded by the club sticking with Rodgers for too long.

Since that happened, while the club is paying financially for the previous mistakes, they argue that Top and Rudkin have learned their lessons and actually showed signs of getting the big decisions right since then - starting with the Maresca hire. But is that the case? Or have their continued decisions served to compound the situation?

Here are some of the key decisions the KP group have taken since relegation and a view of the hits and misses from my perspective;

- Keeping Jon Rudkin

The first and most important decision Top needed to make was whether to replace the DoF who allowed a personal relationship with Rodgers to cloud his judgment resulting in keeping Rodgers for way too long. Top also had to assess how the player contracts had been managed, with £180m of talent leaving Leicester for nothing at the end of the season

Remarkably Top decides that not only should Rudkin stay, he's also the right man to lead the investigation into what went wrong.

This is the biggest evidence we have that Top hasn't got decisions right since the relegation - it's the first big call he had to make after relegation, the most important one. He got it badly wrong

- Hiring Enzo Maresca

In hindsight, given we got promoted from the championship at the first time of asking, you'd have to say it was the right call. But I think we need to dive deeper into this hire to really understand if this was actually the start of where things started to unravel once again.

It's clear that Top and Rudkin were not entirely honest with Maresca about the clubs financial plight when they hired him. We know that because of subsequent very public comments from Maresca to this effect.

Maresca was already eyeing up his options before Chelsea came in, Sevilla was a very strong possibility and its clear the clubs decision to hide certain aspects of the financial difficulties was a part of his decision to move on.

That approach turned out to be a fatal mistake. Not being honest with Maresca meant backing a rebuild under a manager that would surely want to move on once it became clear the club couldn't execute the vision he had. It's what led to our disastrous summer....

- Style of Play

The Enzo Maresca direction was hugely ambitious but flawed. Irrespective of how it turned out in the end, Burnley was the perfect example of why playing that style of football in the PL with our limited finances would have resulted in us being battered. I suspect that became clear to Maresca as well who would have been hoping for quality re-enforcements to build on his philosophy.

A far more sensible approach would have been to take stock of our situation much earlier, re-build in the championship with a much more pragmatic manager (Corberan for example) and of course to be honest about the limited finances we had.

- Complying with FFP.

Everything the club has done since the charge for a PSR breach in 22-23 has further aggravated the situation. Rather than being open, compliant and honest about their appalling financial mismanagement, the club chose to be stubborn, indignant, arrogant and avoid tackling the problem.

For example - the club had interest in more players than Barnes and Maddison, but refused to sell - knowing full well it would likely put them into a second breach during the championship season. KDH should have been sold, but wasn't. If he and others had been, we could have invested in up and coming replacements, embedded during the championship season and hopefully ready for this season.

Instead the club effectively chose to cheat the system, hang on to players they couldn't afford to in order to secure promotion and THEN sell for below market value to try and meet FFP at the last gasp. It doesn't sound like they've been able to do that....

The problem with that, other than risking not being compliant, is that it's terrible preparation for the following season. You're now losing one of your key goal contributors the moment you get promoted and you have limited time and now even less funds to bring anyone in.

posted on 11/8/24

- The Steve Cooper Decision

Gobsmacking really when you think about it. Maresca leaving wasn't unlucky. It was the inevitable result of a board concealing the truth. But once it happened - what do you do? You've thrown all your chips on 26 Red - so really what you have to do is to try and get someone in who can build on Maresca's philosophy but make it more pragmatic. Corberan again as another good example.

To be fair to Leicester, they went for Potter. But unfortunately the cat was out of the bag. Everyone knows what a basket case this club is and Potter wanted none of it.

So the owners in their desperation, now decide to rip the plug out of the socket completely and bring in a good manager but someone whose philosophy is completely different. It's bonkers decision making - it's like building a Ferrari and asking your gran to drive it around Silverstone.

- Summer 24 Transfers

Again. Not sure where to start with this one. Cooper already sounds at his wits end. What is any manager supposed to do when your best player (or one of them) is sold and you don't bring any re-enforcements in? No number 8, no number 10. Just kids on loan.

There is money to do business - not much of it, but the fact Leicester are lining up a bid for a £22m striker tells you there is. But the Jon Rudkin factor is still at play. Remember the fatal decision from Top not to replace him?

- Club Sponsorship and Fan Engagement

Perhaps the most damaging thing of all is what Top and Whelan have done on the commercial side since relegation. Deciding to side with B.C Game, a gambling company (before a league wide ban on such deals comes into place) speaks volumes about the direction the club are going in since Vichai passed.

Long gone is the sense of community, making morally grounded decisions for the good of the wider fanbase, a sense of responsibility in corporate decision making - its all out the window to cash in with a firm involved in online gambling and cryptocurrency.

Perhaps just as damaging is the non existent fan engagement - the club now completely mute on their vision, their strategic direction, the financial situation - everything. Instead, they've thrown a poorly prepared Cooper under the bus and in front of the cameras.

- Missing out on FFP loopholes.

If the club weren't so obsessed with trying to kick the can down the road in regards to the 2022-23 breach - they might have wisened up to the loophole that still exists that legitimately allows clubs to trade academy players with each other to ease FFP concerns.

I mean you'd need a half decent DoF to be able to suss that out I guess. Another opportunity missed.....



So........

That's a very long read. you've probably given up trying. But to surmise - I think the evidence against these owners learning from the relegation season is compelling. Its overwhelming.

We aren't seeing any kind of rebuilding here. No strategic vision. Just panic. Reaction. Desperation. Rabbits in the headlights. And it's all leading to many years in the wilderness - and I'm absolutely serious when I say these guys could send us back to league 1.

What do you guys think? Will they get it right?

posted on 12/8/24

I can't see anything much you've written I fundamentally disagree with. Especially the key point about Rudders still being in place - he must also have had a large part to do with the reckless gamble to move away from the sustainable model of selling a key player or two every year to try and stay in the European spots.

It really doesn't sound good, the vibes that are coming from the manager about lack of player recruitment sound depressingly familiar.

I hope against hope that something miraculous will occur and we'll have a reasonable season but it's not looking in the slightest bit promising.

posted on 13/8/24

It’s a desperate shambolic journey to have gone from where we were 3 years ago to where we are now. I don’t think there’s been a quicker fall from grace in PL history to be honest - perhaps with the exception of Leeds

It’s why I find fans STILL defending this ownership just so bemusing. How can you ignore everything both pre Rodgers and post Rodgers?!

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