Leicester City owners

[H4usuallysitting]

http://www.dailymail.co.uk/sport/football/article-3444768/Polo-Prince-Charles-free-beer-fans-caviar-players-43m-private-jet-s-Leicester-City-s-Thai-owners-FOXES.html

Apparently they purchased the club in August 2010....and immediately wrote off around £110m of debt - they appear to touch things and they turn to Gold....wonder how much brand Leicester is now worth

[H4usuallysitting]

Foreign owners who didn't know anything about football... first two managers didn't go so well... stats based approach to recruitment... khan bashers pay attention

also presumably you mean repaid rather than wrote off

This;
In December 2013, Khun Vichai, to use Thai naming convention, converted £103million of debt into shares, effectively signing it off forever and signalling his long-term intentions.

[Apprentice to the Maestro]

"n December 2013, Khun Vichai, to use Thai naming convention, converted £103million of debt into shares, effectively signing it off forever and signalling his long-term intentions.
He has continued to invest in the squad, training ground and stadium . . ."

The converting to shares is just what MAF did (to comply with FFP?) and MAF and Khan have continued to invest in infrastructure. Nothing unusual there.

The only difference is the success on the field.

[H4usuallysitting]

Foreign owners who didn't know anything about football... first two managers didn't go so well... stats based approach to recruitment... khan bashers pay attention

also presumably you mean repaid rather than wrote off

This;
In December 2013, Khun Vichai, to use Thai naming convention, converted £103million of debt into shares, effectively signing it off forever and signalling his long-term intentions.

December 2013? So not "immediately" after taking over (2010)
FYI only a person who's owed a debt can write it off, so that's him writing off the money he'd loaned the club since taking over

"so that's him writing off the money he'd loaned the club since taking over"....you're comment.....please make your mind up

[Jim]

The only comment I would make compared to the Fulham set up is the Leicester owners went for a proven top class experienced manager. 

[Slaphead in Qatar]

Converting debt to shares is a very brave thing to do. And also shows a long term commitment to the club.

[Nero]

Converting debt to shares is a very brave thing to do. And also shows a long term commitment to the club.

If he did that when they were in the Championship think how much they will be worth now?!

[Forever Fulham]

Converting debt to shares is a very brave thing to do. And also shows a long term commitment to the club.

much of a muchness for me.

if the club's indebted then you have an asset worth £150m plus you're owed a debt worth £50m;
if you convert then you're no longer owed any money but your asset's now worth £200m because the debt isn't there

perhaps worth noting that al fayed converted just before selling which some recognised at the time as a tidy-up to make the club more saleable

A club is only worth what a ready, willing, and able buyer will pay for it.   If a club of a certain size and value in a league is worth around X, and the seller has loaded it up with debt or now-diluted shares, the buyer can demand that the seller (if asked to absorb such seller-incurred debt) take a correspondiingly less amount of money on the purchase, yes?
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