Considering we went into administration in OCTOBER I fail to see how we've have started on minus 10 points.
For someone who seems to like preaching, you could have at least done some sodding research, because almost every single thing you've written (other than us actually going into administration) is total nonsense. Go away, do some research and come back when you know what you're talking about.
As someone has already mentioned, terms were agreed with ALL creditors but one to be paid back in full over time. That creditor was Eric Hall... the agent of Wise whom we sacked in the summer for breaking the jaw of another player in their sleep, over a bloody card game. I think only the guardian and the times ever delved into the truths of what happened at Leicester. But if you get your education from the red tops, which is safe to assume... it's hardly a shock all you spout is nonsense headlines.
http://www.theguardian.com/football/2002/oct/23/newsstory.sport2
We were the 26th, yes the 26th team to enter administration. After teams like Charlton, Middlesborough, Millwall, Bournemouth, Palace, Portsmouth, Hull, QPR, Notts County, Bradford, Barnsley. Since us Derby, Ipswich, Bournemouth (again), Leeds, Southampton. So don't give me the nonsense of the league only did it because of us. Yes, we were mismanaged at the top. But we'd have been ok but for the collapse ITV sport which meant we were millions short compared to what we should have had. It's non coincidence that so many clubs fell around that time with the TV cash not filtering through the leagues.
We were only ever a story because we were still doing well. And despite your nonsense about not selling players, we did... we sold over £15m worth of players. Accepted bids on others and but EVERY player up for sale. So don't give me that one. We could only bring in players who offered to play for free, one being Summerbee to his credit.
Lastly, none of that has anything to do with a single fan of this club or anyone who owns the club now. We're sorry people lost money, they were fans as well... just like the company I worked for. But if you want to have a pop, go and find Eric Hall and ask him why, rather than accepting payment over time on the money he was owed... he wrote it all off by forcing us into administration to avoid a winding up order.
Failing that, go and speak to the board at the time. Don't try and take something away form what's currently happening when it has sod all to do with any of us, or the players, manager and owner.