Then there’s The Rest; neither exceptionally wealthy nor particularly well-run. They will make some good decisions, and life will improve for a bit. Then they make some bad decisions, and the inevitable decline sets in.
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Read MoreSince their 2022-23 defenestration, they have made some good decisions, enough to re-secure Premier League status, albeit with one of the strongest Championship squads ever.
And yet almost everything else has been. This is, by any metric, a badly-run football club which has failed to properly modernise in recruitment and coaching.
Their wage bill – traditionally among the most reliable indicators of on-pitch performance – is within a few million of Brighton, Bournemouth, Fulham and Wolves, comfortably above Brentford, Southampton and Ipswich.
Attempts to provide adequate support for, or even replace, Jamie Vardy, are now reaching a decade of failure and hoping Kelechi Iheanacho or Patson Daka will take that next step.
Aiyawatt Srivaddhanaprabha, owner of Leicester City, watches from the stands (Photo: Getty)
Then there’s the defence. 37 goals conceded is second in the Premier League, 305 shots faced third-highest.
Conceding 31 shots to Julen Lopetegui’s West Ham, even in a 3-1 win, should have led to some sort of automatic points deduction, or public flogging.
The cataclysmic display against Wolves, who were not remotely impressive or coherent, epitomised that. The visitors had only ever won a top-flight away match by three goals twice in their history before heading to the East Midlands.
Booed off at the weekend, James Justin needs a month in the Maldives and some long hours with a good therapist he’s not going to get while Ricardo Pereira is injured.
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Read MoreBut his six goals conceded in 135 minutes against Newcastle and Wolves were a reminder of just how much Hermansen contributes towards maintaining an air of respectability and hope at the King Power.
Club officials were reportedly impressed by his playing career, reputation and “aura”, not least during the two games Leicester visited Old Trafford during his interim stint. His record of developing youth was another bonus.
Owner Aiyawatt Srivaddhanaprabha, or Top, trusts Rudkin, as his late father did.
Not even Rudkin’s resignation would be enough to save Leicester from another relegation at this point, even as they perch two points above the danger zone. At least two significant defensive signings are needed in January, more realistically three.
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Read MoreAura will not make Faes concentrate for 90 minutes at a time, nor will his penchant for youth development take root before the end of this season.
If and when Leicester return to the second tier, there will be the wrath of the financial regulators to deal with once again, which could spell a points deduction. With an ever-worsening squad and Vardy out of contract at the end of the season, this could be the catalyst for a prolonged stay outside the league they won eight years ago.
Blame should lie almost solely with Rudkin, and to a lesser extent Top, architects of the destruction of a club which won the FA Cup just over three years ago.
Prior success is meaningless when the future is so bleak. This has been a long time coming, and the effects will be felt for even longer.
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