The summer has been an absolute sh*tstorm, to the point so much has happened I couldn't be bothered to update on here as I have in the past on EFL matters.
May wages not fully paid
June wages not paid to staff/1st team
HMRC bill for June not paid
Manager expected to be announced as new Leicester City boss later this week
All coaches are out of contract
No Pre-season friendlies scheduled
No new Kit expected
North Stand needs work before season start otherwise a safety certificate will not be issued
Season Ticket money from early bird sales (I bought mine in January for the cheapest price) was most likely used before last season ended to prop up the finances
Any player who has not received May/June wages can give the club notice of contract termination, if the club doesn't pay what they owed within 15 days they can leave for free. I understand several players have exercised that right (good for them)
Work to upgrade the training ground has ceased due to money.
We are under an embargo for failing 2 EFL rules, this would be removed if outstanding debts are settled by Chancer or a new owner
We have a 3 window transfer window ban, and can only sign freebies or loans that do not involve a fee (including agents) with a maximum wage of £7k a week.
Chancer has turned down 2 bids for the club, he originally wanted £300 million (what a joke). The club is worth £40-50m at most, especially as the club doesn't own the stadium, Chancer does after he sold it to himself to navigate PSR rules in 2017/18 (he fucked that up so we got a 12 point deduction, reduced to 6 anyway which ultimately relegated us in 20/21 season)
Everyday there are more stories coming out of the club, football seems a million miles away at the minute, I'm more concerned if we actually start the season. It has Bury vibes about it.
Bottom line is we're royally up sh*t creek without a paddle.
If we do start the season I could see a team made up of U21's and journeymen players that nobody wants, and even they won't appear until after September 1st.