Suggestions of a return of Kasper Schmeichel as a new DOF at Leicester, must be an April fools act, a few days too late. Jon Rudkin is currently in the job and his relationship with Khun Top is the most vital part of this football clubs existence.
Kasper was of course a main character on the field for Leicester, but his wage demands stopped any further relation with him. To see him return for free or, in his scale, paid in peanuts, looks a clear no go.
To have ideas of what to do inside an office and suggest different roles to other people when those positions are not even vacant, looks a bit silly, and hopefully those who make that stuff up will start their rewind, and look at what you have said in the past.
With the club reporting a loss of £89,7million in their recent financial year, we do see a number of different headlines of negativity and of course not a problem to address those thoughts, but are they really founded and grounded good enough to take such notes into account.
The fact that sales of Harvey Barnes and Timothy Castagne are not counted in these numbers, of course also missing the downgrade of wages in place from July the 1st, as departures of free agents, Nampalys Mendy, Daniel Amartey, Caglar Soyuncu, Jonny Evans, Youri Tielemans, Ryan Bertrand and Ayoze Perez all heavily decreased the salary levels . You can also count out wages to James Maddison, Harvey Barnes and Timothy Castagne, as well as those moved out on loan, Victor Kristiansen, Lewis Brunt, Daniel Iversen, Bouba Soumare and Luke Thomas.
Conor Coady, Harry Winks, Stephy Mavadidi, Tom Cannon and Mads Hermansen are new additions with a long term deal settled, but they are all far away from the wages paid to those moving out. Players signed on loan are risk free as they will be gone in the summer. Alex Smithies and Cesare Casadei both left in January without being replaced, so those salaries are gone and payments stopped.
We do see a downsize of cost of huge dimentions, and that will of course give Leicester a chance to rebuild and get back to a different plan. These costs are all attached to demands from a certain manager having one formula for his challenges, getting the best squad available to the far limits of the clubs financial abilities.
We do not have the numbers in detail regarding wages paid to Brendan Rodgers, compared to Enzo Maresca, but we believe it is a decrease of millions.
Jamie Vardy is a top earner at the club, and he deserves every penny, but he will probably be approached by other clubs in the summer, that can offer him more. We will just have to wait and see what will be the outcome. A younger top forward might be an easier catch, regarding wage demands, and of course with a possible return to Premier League, Tom Cannon and Patson Daka are on long term deals, both able to shine at the highest level.
Simon Capper, the previous CFO at Leicester, now hired by Newcastle, had a difficult balance to manage, as he juggled on a thin line to be able to support the sporting act financially under the demands of the previous managers belief.
Naivity is the word to use on those hammering shots at the club at the moment, as they seem to have little or no knowledge about the financial running of a football club, as the business plan used and the strategies being made did not see this coming at all, with the success build with Brendan Rodgers in charge.
When Leicester approached Brendan Rodgers for the vacant manager position after Claude Puel, they did take a risk of huge dimentions, but still had no plan B, or thoughts about hiring a manager of this type to be relegated. If you decide to go on terms with the likes of Brendan Rodgers you need to back him, that is the hard life of football financial risk.
If you look at the yearly wages payed out to Susan Whelan, £300.000 plus, looks a modest fee and surely no other employee in sports administration is paid much higher. This would possibly also count for Jon Rudkin. To see Kasper Schmeichel coming back to Leicester under those terms, would not be happening, not at least before he has looked at other options and positions to work in, when he decide to retire.
We do see a pattern of control from the club, with the acts done from last summer, regarding sales of players, cutting wages and of course being strict on new expenditures. The club looks to have learned their lesson and in the future it will be problematic and difficult to financially support a manager with the demands of Brendan Rodgers. But again, we have not seen a better result ever at the football club over three to four seasons.
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