2 new bids for liverpool
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Topic: 2 new bids for liverpool
Posted By: Billy O'Toole
Subject: 2 new bids for liverpool
Date Posted: 05 Oct 2010 at 3:11pm
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http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/9064239.stm - http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/9064239.stm
Liverpool's board met on Tuesday after it received two new bids to buy the club, BBC Sport understands. It is thought one of the bids is from Asia, with the other from America. A source close to the negotiations said: "Both would significantly reduce the debt and give the current owners their original investment back." But the club's co-owners Tom Hicks and George Gillett are understood to be opposing the sale of the Reds to either of the two parties. Liverpool were put up for sale by American duo Hicks and Gillett in April with debts of £351.4m. More to follow. ------------- Ybig holy jaysus - 4 points for Gerk & Count |
Replies:
Posted By: tribalarmy
Date Posted: 05 Oct 2010 at 3:17pm
Yay more yanks. 
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Posted By: Carmody 10
Date Posted: 05 Oct 2010 at 3:20pm
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How many times has this headline come up and nothing come of it.
Wont be getting my hopes up ------------- Out of order |
Posted By: Landon Donovan
Date Posted: 05 Oct 2010 at 3:25pm
Yer man that owns the New England Patriots is one of them. Might even get to see Tom Brady around Anfield 
EDIT: Its the owners of the Boston Red Sox. No Tom Brady for Anfield  ------------- Irish Times Fantasy 6 Nations League Name: YBIG League Password: YBIG |
Posted By: devondudley
Date Posted: 05 Oct 2010 at 3:26pm
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that american bid has to be the rhone group back again.
------------- But fumble in a greasy till And add the halfpence to the pence And pray to shivering prayer, until You have dried the marrow from the bone. W. B. Yeats, September 1913 |
Posted By: billybob
Date Posted: 05 Oct 2010 at 3:53pm
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Anyone got the link for the auction or is it buy now deal? ------------- Couldn't pour water out of a boot with instructions on the heel |
Posted By: Carmody 10
Date Posted: 05 Oct 2010 at 4:01pm
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Hicks and Gillett releuctant to sell to either party ------------- Out of order |
Posted By: devondudley
Date Posted: 05 Oct 2010 at 4:29pm
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Liverpool board meet to discuss new bids for the Anfield club The Liverpool board met on Tuesday to consider two new bids for the club, one of which is understood to have been from a successful American sports-franchise operator, Telegraph Sport can disclose. By Paul Kelso, Chief Sports Reporter Published: 9:30PM BST 05 Oct 2010 Paul's Twitter The UK-based board members led by chairman Martin Broughton are understood to be ready to pursue advanced negotiations with one or both parties but have met opposition from American co-owners Tom Hicks and George Gillett. An attempt to re-finance the club by Hicks and Gillett is also understood to have been discussed and was rejected by Broughton and the UK-based directors. The impasse means that the future of Liverpool FC remains in the balance, with lawyers engaged by the non-owner directors said to be examining if they have the power to sell the club against the wishes of Hicks and Gillett, who own 100 per cent of the equity. The provenance of the second bid is unknown, but both bidders are understood to be offering about £300 million. That is enough to cover approximately £280 million in loan and fees owed to Royal Bank of Scotland and provide a small amount to help refresh the playing squad. Neither bid is willing to pay the Americans a consideration for their equity in the club, and with Hicks and Gillett maintaining that their investment demands a return they are said to have stepped into reject a sale. Relations between the owner directors Broughton, managing director Christian Purslow and commercial director Ian Ayre, and the American owners are understood to have almost completely broken down. Sources have indicated that Broughton and his UK-based colleagues are content that both potential owners would mark a considerable improvement on Hicks and Gillett, and would satisfy the demand that new owners would be better guardians of the club’s image and future. Crucially both bidders are understood to be acceptable to RBS, whose loans to the club become due on Oct 15. The Premier League is also understood to have been informed of the identity of the two new bidders, though neither has yet formally begun clearing the regulatory hurdles set out by the league. The new bids come with Liverpool rooted in the bottom three after a dismal start to the season which has largely been blamed on the instability off the pitch. The impending deadline of the RBS loan deadline has led to a series of increasingly fraught negotiations. In August several potential bidders made their interest public, including Chinese sports marketing agent Kenneth Huang and Syrian businessman Yahya Kirdi. Neither was able to demonstrate that they had the funds to proceed and both eventually withdrew from the process amid scepticism about their means. Last month Hicks attempted to refinance the RBS debt with Blackstone, but was told by Broughton and his UK-based colleagues that a leveraged alternative to RBS was not acceptable. In June the non-owner directors also rejected an attempt to refinance the debt by Hicks and Gillett. The future of the club may ultimately rest on the attitude of RBS, which is considering whether to refinance the Americans or force them out. The bank is reluctant to take control of the club given the public-relations risks involved, but it is applying pressure to try and force the Americans to accept a sale. RBS was responsible for installing Broughton in an attempt to expedite a swift sale, but the process looks likely to end in litigation. Hicks and Gillett say they have added value to the club and that it is worth in excess of £400 million. With no bidder willing to meet their demands, though, the impasse continues to undermine Liverpool ------------- But fumble in a greasy till And add the halfpence to the pence And pray to shivering prayer, until You have dried the marrow from the bone. W. B. Yeats, September 1913 |
Posted By: Guf10
Date Posted: 05 Oct 2010 at 4:31pm
+1 ------------- 2 in a row, 2 in a row, 2 in a row |
Carmody 10 wrote:Posted By: Carmody 10
Date Posted: 05 Oct 2010 at 4:57pm
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It is understood that Liverpool's board and chairman Martin Broughton were in favour of recommending both of the new bids for consideration after meeting on Tuesday, but that plan was met with disagreement from the owners.
Same old story.
The yanks may be goin down, But the club is going with them. ------------- Out of order |
Posted By: totti
Date Posted: 05 Oct 2010 at 5:23pm
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Liverpool Football Club tonight issued the following press statement:
The Board of Directors have received two excellent financial offers to buy the Club that would repay all its long-term debt. A Board meeting was called today to review these bids and approve a sale. Shortly prior to the meeting, the owners - Tom Hicks and George Gillett - sought to remove Managing Director Christian Purslow and Commercial Director Ian Ayre from the Board, seeking to replace them with Mack Hicks and Lori Kay McCutcheon. This matter is now subject to legal review and a further announcement will be made in due course. Meanwhile Martin Broughton, Christian Purslow and Ian Ayre continue to explore every possible route to achieving a sale of the Club at the earliest opportunity. So that's removing all 3 who were for the sale, and replacing them with his son, and http://www.linkedin.com/pub/lori-mccutcheon/24/511/272 - Lori McCutcheon |
Posted By: MayoMark
Date Posted: 05 Oct 2010 at 5:28pm
Sounds like Hicks and Gilette have a majority vote in all of this. I thought that they couldn't not accept certain bids? Legally? I can't get my head around a lot of this businessy stuff  But they are desperately trying to hold out... The absolute ****s.
They have til the 15th to come up with 280million. ------------- They finally did it man... They killed my f**kin' car... |
Posted By: Guf10
Date Posted: 05 Oct 2010 at 5:35pm
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Yanks = ****S
Just trying to destroy the club for some reason, why dont they take preesure of their own back and just sell up. ------------- 2 in a row, 2 in a row, 2 in a row |
Posted By: Mayo Mick
Date Posted: 05 Oct 2010 at 5:42pm
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It seems the board are trying to sell the club out from under the owners in a manner which will bring no benefit to the owners(which is good). It will however benefit the REAL owners of the club, RBS, as they will at last get their money back and get a contentious asset off their books.
If Martin Broughton was brought in as a condition of the last refinance, it was a stroke of genius by RBS, as it effectively neutered H+G as a force at LFC. THey had to be sure they already had Purslow and Ayres on board. makes you wonder if purslow etc have been instructed by RBS to ignore G+H and proceed with any interest id say they have |
Posted By: soccerc
Date Posted: 05 Oct 2010 at 6:22pm
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Another statement from Liverpool Hicks says will resist sale of club "without due process or agreement of the club" Hicks & Gillett believe the bids "dramatically undervalue their significant investment" in the club. |
Posted By: Carmody 10
Date Posted: 05 Oct 2010 at 6:32pm
------------- Out of order |
Posted By: The Count
Date Posted: 05 Oct 2010 at 6:35pm
who cares? 
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Posted By: PhilliyK
Date Posted: 05 Oct 2010 at 7:14pm
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Maybe i'm not reading the whole situation correctly but why the hell would anyone want to buy the club now when the yanks will lose control come 15th Oct(cant see anyone giving them the funds to clear the debt) & thus the RBS will then in all probabilty accept a lesser fee than the £280mil they are owed & the yanks get next to nothing for there efforts. But like i said i aint no business genius & am probably wrong
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Posted By: Carmody 10
Date Posted: 05 Oct 2010 at 8:09pm
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http://www.teamtalk.com/news/2483/6430499/Boardroom-war-as-duo-block-sale - http://www.teamtalk.com/news/2483/6430499/Boardroom-war-as-duo-block-sale ------------- Out of order |
Posted By: Honey Monster
Date Posted: 05 Oct 2010 at 8:14pm
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These 2 are a perfect example of everything which is wrong with the EPL these days. ------------- 753 |
Posted By: GreenGiant82
Date Posted: 06 Oct 2010 at 1:38am
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Deal agreed in principal with owners of the Red Sox ------------- Twitter @ciaranreid1907 |
Posted By: totti
Date Posted: 06 Oct 2010 at 2:18am
| http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/9064599.stm%20 - http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/9064599.stm |
Posted By: grazza
Date Posted: 06 Oct 2010 at 3:01am
More Yanks 
Don't know anything about these fellas but I hope its not a case of - out of the frying pan into the fire. ------------- 
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Posted By: herbie
Date Posted: 06 Oct 2010 at 3:45am
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2 NEW BIDS FOR LIVERPOOL, FROM LIDL & ALDI ! ------------- "its the best trip iv ever been on" |
Posted By: reder
Date Posted: 06 Oct 2010 at 4:29am
Did a bit of research on them there and the Red Sox owners would be solid owners from a financial perspective but they certainly wont meet the expectations/demands of Liverpool fans. They will probably clear the debt with RBS, keeping them happy, expand the corporate brand that is LFC and invest some money in the playing staff but I dont really see how they would have the funds to build a new stadium without borrowing heavily. I couldnt see them signing players in the £15m+ category. They might buy one or 2 at the start but it certainly wouldnt be a long term thing. One thing that wont sit well with Liverpool fans would be the over commercialisation of the club/ground/match day. Match day at Fenway park is an extremely tacky experience. The club really goes overboard. They certainly rake in the money but there are only so many gimmicks one can take. It would be a good idea to put those protest banners and flags into safe storage, they could very well be needed again in another 2 years or so. Broken promises will be the cry! |
Posted By: Donal Cullen
Date Posted: 06 Oct 2010 at 5:26am
Liverpudlians and baseball bats....not a good idea! ------------- There are friendlier places to drink. |
Posted By: Gavintheslob
Date Posted: 06 Oct 2010 at 5:37am
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Liverpool Football Club today announces that the Board has agreed the sale of the Club to New England Sports Ventures (NESV). New England Sports Ventures currently owns a portfolio of companies including the Boston Red Sox, New England Sports Network, Fenway Sports Group and Rousch Fenway Racing. Martin Broughton, Liverpool FC Chairman, said: "I am delighted that we have been able to successfully conclude the sale process which has been thorough and extensive. The Board decided to accept NESV's proposal on the basis that it best met the criteria we set out originally for a suitable new owner. NESV's philosophy is all about winning and they have fully demonstrated that at Red Sox. "We've met them in Boston, London and Liverpool over several weeks and I am immensely impressed with what they have achieved and with their vision for Liverpool Football Club. "By removing the burden of acquisition debt, this offer allows us to focus on investment in the team. I am only disappointed that the owners have tried everything to prevent the deal from happening and that we need to go through legal proceedings in order to complete the sale." Note to editors: The sale is conditional on Premier League approval, resolution of the dispute concerning Board membership and other matters. ------------- Its very frustrating being a Slob |
Posted By: MintBerryCrunch
Date Posted: 06 Oct 2010 at 6:31am
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Loads of cash too a breath of fresh air for Pool fans "John Henry, the Sox’s principal owner, cannot be a happy man, for though he loves baseball, it’s safe to say the billionaire (a proud liberal, by the way; a gratuitous aside, granted, but I’m in a grumpy mood) loves profits even more. And the Sox, who’ve sold out Fenway Park for an /mlb - MLB record-setting 763 consecutive games (as of May 2), are headed to an unfathomable .500 season, which means the sellouts will end, the revenue stream slows down, and disgust will envelop the greater New England territory all summer long." Russ talks of a hope that maybe he can take solace in the fact that losing drives the bandwagon fans away. He fails to account for the fact that those are the fans who are driving up ticket prices and accordingly paying the bills. If the John Henry bubble collapses, it could be years before the Red Sox are able to pay top dollar for talent again. As much as they like to think of themselves as “the little engine that could,” the Red Sox are nothing more than the New York Yankees Lite (see the John Lackey deal, Dice-K’s contract, the Julio Lugo and Edgar Renteria “throwaway deals,” etc.). The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills. If fans stop buying Red Sox Nation memberships, stop watching NESN, or decide that a few hundred dollars for a couple of good seats is too much, the bubble will quickly burst. At this point you run the serious risk that the Red Sox suddenly became worth less than the amount borrowed to purchase the team. It happened to a whole lot of people who bought houses at the peak of that bubble, and it could happen to Boston. People think of the Red Sox now and all they see are sold-out games, but it wasn’t that long ago when you could walk up to the ticket booth the day of the game and get a decent seat. It even wasn’t all that long ago where you could pretty much sit where you wanted in the damn park. There is a lot at stake right now, more than just the team's position in the standings this season. A difficult season can have minimal negative impact on the long-term health of the franchise. A horrible season, i.e. one in which the Sox don’t get demonstrably better (and sooner rather than later), could cripple this franchise for some time to come |
Posted By: MintBerryCrunch
Date Posted: 06 Oct 2010 at 6:32am
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Loads of Cash for investment in players "John Henry, the Sox’s principal owner, cannot be a happy man, for though he loves baseball, it’s safe to say the billionaire (a proud liberal, by the way; a gratuitous aside, granted, but I’m in a grumpy mood) loves profits even more. And the Sox, who’ve sold out Fenway Park for an /mlb - MLB record-setting 763 consecutive games (as of May 2), are headed to an unfathomable .500 season, which means the sellouts will end, the revenue stream slows down, and disgust will envelop the greater New England territory all summer long." Russ talks of a hope that maybe he can take solace in the fact that losing drives the bandwagon fans away. He fails to account for the fact that those are the fans who are driving up ticket prices and accordingly paying the bills. If the John Henry bubble collapses, it could be years before the Red Sox are able to pay top dollar for talent again. As much as they like to think of themselves as “the little engine that could,” the Red Sox are nothing more than the New York Yankees Lite (see the John Lackey deal, Dice-K’s contract, the Julio Lugo and Edgar Renteria “throwaway deals,” etc.). The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills. If fans stop buying Red Sox Nation memberships, stop watching NESN, or decide that a few hundred dollars for a couple of good seats is too much, the bubble will quickly burst. At this point you run the serious risk that the Red Sox suddenly became worth less than the amount borrowed to purchase the team. It happened to a whole lot of people who bought houses at the peak of that bubble, and it could happen to Boston. People think of the Red Sox now and all they see are sold-out games, but it wasn’t that long ago when you could walk up to the ticket booth the day of the game and get a decent seat. It even wasn’t all that long ago where you could pretty much sit where you wanted in the damn park. There is a lot at stake right now, more than just the team's position in the standings this season. A difficult season can have minimal negative impact on the long-term health of the franchise. A horrible season, i.e. one in which the Sox don’t get demonstrably better (and sooner rather than later), could cripple this franchise for some time to come |
Posted By: t_rAndy
Date Posted: 06 Oct 2010 at 7:08am
| Bit weary of this one alright. Don't think we'd be able to compete with City or Chelsea still in the transfer market and then the new stadium being built would also be a concern |
Posted By: Bob Hoskins
Date Posted: 06 Oct 2010 at 7:18am
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It's a sad state of affairs for any club when the bank taking over is the best possible outcome. Hope those Gillette and Hicks lads get burnt badly on any deal. Platini needs to bring in his new rules on club debts quickly ------------- Romario 2016: And the ticket mafia gets caught! Well, four years ago I had already told the government. |
Posted By: Justice No. 1
Date Posted: 06 Oct 2010 at 7:32am
| The Gas thing its most of ye thought Hicks and Gillette were the greatest thing since sliced bread three years ago when they took over. |
Posted By: Baldrick
Date Posted: 06 Oct 2010 at 7:51am
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I think this will be a good move for Liverpool. Not a liverpool fan. Speak to Red Sox fans on this, would be my advice ifyou are a Liverpool fan. |
Posted By: Ireland4ever
Date Posted: 06 Oct 2010 at 7:51am
| Are the new crowd not gonna leverage the club with Debts also, i presume they arent paying the money from their own funds? Is it not the same problems all over again? |
Posted By: Landon Donovan
Date Posted: 06 Oct 2010 at 12:33pm
 ------------- Irish Times Fantasy 6 Nations League Name: YBIG League Password: YBIG |
Posted By: Denis Irwin
Date Posted: 06 Oct 2010 at 12:41pm
 Most of the ones who are protesting about Hicks and Gilette now were bending over for them when they came in. ------------- Eamonn Dunphy:"I'll tell you who wrote it, Rod Liddle, he's the guy who ran away and left his wife for a young one". Bill O'Herlihy: Ah ye can't be saying that now Eamonn |
Posted By: reder
Date Posted: 06 Oct 2010 at 1:00pm
And the same will be the case with these Red Sox owners. The Red Sox are a very well run franchise, they have a large payroll but it is based on a player evaluation system that they won't deviate from, just to bring in a big name player. That is not going to sit well with Liverpool fans. As I said before, I dont think these guys have to funds to build the desired stadium and when the dont splash out on over-rated players, the same protests will be back on. |
Posted By: Steve Amsterdam
Date Posted: 06 Oct 2010 at 1:14pm
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Liverpools' new American owners NESV are reportedly thinking of renaming their new franchise.....
They shall be called Liverpool Red Sucks.... 
------------- Molly Malone's pub- The home of YBIG in Amsterdam! |
Posted By: Denis Irwin
Date Posted: 06 Oct 2010 at 2:28pm
 ------------- Eamonn Dunphy:"I'll tell you who wrote it, Rod Liddle, he's the guy who ran away and left his wife for a young one". Bill O'Herlihy: Ah ye can't be saying that now Eamonn |
Posted By: BigPodge
Date Posted: 06 Oct 2010 at 5:39pm
 ------------- 
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Posted By: Carmody 10
Date Posted: 06 Oct 2010 at 5:40pm
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For jasus, Thats miles off at this rate ------------- Out of order |
Posted By: BigPodge
Date Posted: 06 Oct 2010 at 5:43pm
Now that the new owners are in the belief will return Carmody so it's on!!  -------------
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Posted By: Trapped
Date Posted: 06 Oct 2010 at 6:17pm
------------- 67% points to games ratio at the last Euro's (better than Portugal's) |
Posted By: Honey Monster
Date Posted: 06 Oct 2010 at 7:59pm
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At least now Liverpool can concentrate on winning the league. ------------- 753 |
Posted By: Carmody 10
Date Posted: 06 Oct 2010 at 8:03pm
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Exactly ------------- Out of order |
Posted By: t_rAndy
Date Posted: 07 Oct 2010 at 4:00am
| There is a fear that it might be more of the same. But I guess we already are solvent business, just the extrodinary interest rates on our debts were blocking us from improving the playing staff greatly. If these new guys will really remove all the long term debt then we can start running the business and be able to improve the team off our profits gradually. You would have to wonder where they would find 400m to build a new stadium though |
Posted By: colemanY2K
Date Posted: 07 Oct 2010 at 4:55am
------------- "One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942. |
Posted By: Justice No. 1
Date Posted: 07 Oct 2010 at 5:23am
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Posted By: The Count
Date Posted: 10 Oct 2010 at 5:21pm
spot the irony   -------------
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Posted By: Billy O'Toole
Date Posted: 11 Oct 2010 at 2:30pm
peter lim putting an offer in again too supposedly
 ------------- Ybig holy jaysus - 4 points for Gerk & Count |
Posted By: Mayo Mick
Date Posted: 11 Oct 2010 at 2:59pm
supposedly that Lim lad has a series of Man utd themed bars in Asia.. 
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Posted By: MintBerryCrunch
Date Posted: 11 Oct 2010 at 3:41pm
This is true. Apprentley he is a friend of Hicks and this is just a fake bid to help them save themselves. |
Posted By: Mayo Mick
Date Posted: 11 Oct 2010 at 4:22pm
god, hicks is really doing himself no favours
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Posted By: reder
Date Posted: 12 Oct 2010 at 5:02am
I think the "doing himself favours" window has long passed. Case is on today or this morning. Would have to assume it will be adjourned straight away and then the powers that be will crack open a bottle and start reviewing the facts of the case. Misses works in that sector of the legal world in London. Word is that Hicks is going to table a counter-application. This is better than Corrie! I can't wait for the book and the film. |
Posted By: packiesglove
Date Posted: 12 Oct 2010 at 11:35am
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Decision tomorrow at 10.30am apparently ------------- When you're chewing on life's gristle, don't worry give a whistle.... |
Posted By: reder
Date Posted: 12 Oct 2010 at 12:18pm
Yes but the judge said it would be a "little ambitious" for the case to be settled by Friday. |
Posted By: Neil Armstrong
Date Posted: 13 Oct 2010 at 5:32am
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i believe the sale has just been given the green light what a massive day for a massive club ------------- Ulster Champions 2020 our 40th Title. Take that all ye Moanaghan ***ts! |
Posted By: colemanY2K
Date Posted: 13 Oct 2010 at 5:51am
I saw that. Can the yanks appeal and if they do will that push the club into admin? ------------- "One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942. |
Posted By: devondudley
Date Posted: 13 Oct 2010 at 5:52am
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cant appeal looks done and dusted ------------- But fumble in a greasy till And add the halfpence to the pence And pray to shivering prayer, until You have dried the marrow from the bone. W. B. Yeats, September 1913 |
Posted By: reder
Date Posted: 13 Oct 2010 at 5:59am
They can appeal but its not worth their while. They wont win. Presume we can put this thread to bed and resurrect it in a year or 2 when there is no new stadium and the new owners have borrowed too much again? A large section of the Liverpool supporters need to eat a massive piece of humble pie in relation to Broughton and a smaller piece in relation to Purslow. Broughton has done an excellent job in pushing through this sale and has handled himself perfectly from day 1. He took a cold hearted approach which didnt sit well with some fans but it was the right approach. |
Posted By: colemanY2K
Date Posted: 13 Oct 2010 at 6:19am
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Of course he took a cold hearted approach. His contract with RBS included a £500k bonus for selling Liverpool while he was at the helm. I would have sold it to Tom, Dick and Harry if I was offered that bonus
The yanks could appeal to ensure administration and to stick the knife into those involved with LFC (RBS, Fans etc) before leaving
 ------------- "One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942. |
Posted By: Denis Irwin
Date Posted: 13 Oct 2010 at 4:53pm
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http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/9080946.stm - http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/9080946.stm
Sale blocked by injunction issued by Texas Court ------------- Eamonn Dunphy:"I'll tell you who wrote it, Rod Liddle, he's the guy who ran away and left his wife for a young one". Bill O'Herlihy: Ah ye can't be saying that now Eamonn |
Posted By: Carmody 10
Date Posted: 13 Oct 2010 at 5:06pm
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Hicks + Gillett seeking 1.6 Billion in damages. ------------- Out of order |
Posted By: Guf10
Date Posted: 14 Oct 2010 at 7:21am
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Jaysis this deal is in some mess. ------------- 2 in a row, 2 in a row, 2 in a row |
Posted By: Justice No. 1
Date Posted: 14 Oct 2010 at 8:17am
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No symapthy whatsoever. It happens to be Liverpool as it was Leeds but could just as easily be United.
If you own a company, you bring cash in off your customers, then you pay it out to your creditors for stock bought, that's business that's how it works, football clubs are no different nowadays to the local supermarket. Liverpool like many sides over the years has borrowed heavily to live the dream. Clubs like Everton have watched as they have borrowed to buy Torres, Mascherona, Aqulina, and loads of others good, bad and mainly average players. They pay Gerrard £100k plus a week, Torres cannot be far off that, and the Yanks over the years gave the Fat Waiter over £230m to spend. Through this spending they qualified year on year for the Champions League therefore guaranteeing themselves a guaranteed £30 - £40m extra revenue than the rest of us by the fact they qualified. Everton and alike have lived mainly within their means, much sometimes to our frustrations. Since say 2000, the so called top four sides have amassed probably over £400m each more than other Premier League club. Through this they just got stronger and stronger being able to buy the so called best, while the others have found it an uphill struggle to keep close. So now Liverpool find themselves about to go into administration through their reckless borrowing and not being able to repay the banks, which ironically, in the case of RBS are owned by the taxpayer. I hope come Friday, they find themselves broke, nine points worse off, as until one of the so called 'top four' end up like this football will never ever change. |
Posted By: Vivakenbarlow
Date Posted: 14 Oct 2010 at 9:43am
Thats complete and utter horse sh*t Liverpool didnt borrow heavily to win 18 leagues and 5 european cups did they? There were plenty of clubs around in the 70s and 80s paying higher wages and transfer fees than liverpool Michael Laudrup said he had the chance to join liverpool or juventus when he left brondby but joined juve cause they offered much higher wages This was true of many transfer deals involving liverpool- players joined them for trophies not the best wages The huge profits united make through being a succesful global brand get sucked into a debt incurred from a hostile takeover from an american investor who has never been to old trafford- is that fair ------------- It took City 44 years to win the league and 10 months to lose it |
Posted By: Justice No. 1
Date Posted: 14 Oct 2010 at 10:27am
Nothing hostile about yanks takeover of either Utd or Liverpool. There was a buyer and seller and a sale was agreed between them. Vast majority didn't complain at the time and no one asked how they were paying for it once the seller got paid and the buyer promised funds to invest.
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Posted By: Vivakenbarlow
Date Posted: 14 Oct 2010 at 10:44am
No one complained at the time? Are you for real They burned effigys of glazers and staged several protests that almost resulted in full scale riots- the glazers had to have a police escort to get them out of old trafford ------------- It took City 44 years to win the league and 10 months to lose it |
Posted By: seaniemac
Date Posted: 14 Oct 2010 at 11:37am
Laudrup went to Juventus in '83, two years before the ban on English clubs in Europe. He went to Lazio on loan for two years cos of the 2 man foreigner limit in Serie A at the time so you're not fully correct there about his reasons.
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Posted By: reder
Date Posted: 15 Oct 2010 at 3:56am
Sections of United fans were up in arms at the time of their takeover over but Liverpool fans loved G+H for the first few years. They received a heroes welcome in Athens from the regular fans. Things only turned sour when it became clear that the stadium was not going to be built and the sums of money being spent on new players became less and less. Personally, I dont see much of a change with this new NESV crowd. Its obvious that they will have to borrow heavily to build a stadium and provide the sums of money the fans expect to be invested in the squad. I think the principal shining light in this Liverpool saga has been Broughton. He has done a smashing job and LFC should do all that they possibly can to make his chairmanship permanent. |
Posted By: t_rAndy
Date Posted: 15 Oct 2010 at 9:33am
| Really not sure about this new group or the management at the top. It is crazy how the club could be sold from underneath them it seems |
Posted By: Justice No. 1
Date Posted: 15 Oct 2010 at 10:10am
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Posted By: ShamtheRam
Date Posted: 15 Oct 2010 at 12:05pm
 ------------- YBIG NPF founder and CEO |
Posted By: MintBerryCrunch
Date Posted: 15 Oct 2010 at 7:41pm
| shame on liverpool supporters for the disgraceful treatment of tom hicks and george gillett,decent men,plans in place to build a new stadium,money there to pay off the loans and (this is a fact as rafa would say) in their time as owners they spent over 300million on players,the third highest in England in the period.dont blame the yanks for the fact steve g and torres are over rated and rafa bought sh*t players |
Posted By: The Count
Date Posted: 16 Oct 2010 at 2:51am
 nail on the head RKP-------------
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Posted By: Mayo Mick
Date Posted: 16 Oct 2010 at 4:58am
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300 million?? well here it goes so..
They took over Liverpool in February 2007, the year we lost to Milan in the CL finals. Over the four years, they "spent" £41.345m (2007) , £17.47m in (2008) and "recouped" £14.016m in (2009) and "recouped" approx £7m in 2010. The difference is over the four years is approx £37m. 2007 IN (26) Fernando Torres (Atletico Madrid, £20.2m); Javier Mascherano (West Ham United, £18.6m); Ryan Babel (Ajax, £11.5m); Lucas Leiva (Gremio, £6m); Yossi Benayoun (West Ham United, £5m); Alvaro Arbeloa (Deportivo La Coruna, £2.6m); S Leto (Lanus, £1.85m); Mikel San Jose (Athletic Bilbao, £270,000); Krisztian Nemeth (MTK, £100,000); Dani Pacheco (Barcelona, £100,000); Alexander Kacaniklic (Helsingborgs, £75,000); Andriy Voronin (Bayer Leverkusen, free); Emiliano Insua (Boca Juniors, £1.3m); Charles Itandje (Lens, free); Damien Plessis (Lyons, free); Mikail Alexandrov (CSKA Sofia, nominal); Jordy Brouwer (Ajax, nominal); Gerardo Bruna (Real Madrid, nominal); Ryan Crowther (Stockport County, nominal); Francisco Manuel Duran (Malaga, nominal); Ronald Huth (Tacuary FC, nominal); Gary Mackay Steven (Ross County, nominal); Nikolay Mihaylov (Levski Sofia, nominal); Marvin Pourie (Borussia Dortmund, nominal); Andras Simon (MTK Hungaria, nominal); Danielle Padelli (Sampdoria, loan). OUT (18) Craig Bellamy (West Ham United, £7.5m); Djibril Cisse (Marseille, £6m); Mark Gonzalez (Real Betis, £4.2m); Luis Garcia (Atletico Madrid, £4m); Florent Sinama-Pongolle (Recreativo Huelva, £2.7m); Stephen Warnock (Blackburn Rovers, £1.5m); Darren Potter (Wolverhampton Wanderers, £250,000); Daniel O’Donnell (Crewe Alexandra, £100,000); Salif Diao (Stoke City, free); Jerzy Dudek (Real Madrid, free); Robbie Fowler (Cardiff City, free); Gabriel Paletta (Boca Juniors, free); Boudewijn Zenden (Marseille, free); David Mannix (Ham-Kam, free); Jay Smith (Stockport County, free); Francisco Manuel Duran (released); Dave Roberts (released); Daniele Padelli (Sampdoria, end of loan). Therefore: Spent £67.595m; Recouped £26.25; Net Spend £41.345m 2008 IN (14) Robbie Keane (Tottenham Hotspur, £20.3m); Albert Riera (Espanyol, £8m); Andrea Dossena (Udinese, £7m); Martin Skrtel (Zenit St Petersburg, £6.5m); Diego Cavalieri (Palmeiras, £3.5m); David Ngog (Paris St Germain, £1.5m); Alex Cooper (Ross County, £100,000); Philipp Degen (Borussia Dortmund, free); Lauri Dalla Valle (Jippo, nominal); Vitor Flora (Botafogo, nominal); Peter Gulacsi (MTK Hungaria, nominal); Emmanuel Mendy (Murcia Deportivo, nominal); Nikola Saric (Herfolge, nominal); Vincent Lucas Weijl (AZ Alkmaar, nominal). OUT (15) Peter Crouch (Portsmouth, £11m); Mohammed Sissoko (Juventus, £8.2m); John Arne Riise (AS Roma, £3.98m); Scott Carson (West Bromwich Albion, £3.75m); Danny Guthrie (Newcastle United, £2.5m); Steve Finnan (Espanyol, free); Harry Kewell (Galatasaray, free); Anthony Le Tallec (Le Mans, free); Besian Idrazaj (Wacker Tirol, free); Lee Peltier (Yeovil Town, free); San Jose Dominguez (released); Craig Lindfield (released); Ray Putterill (released); Miki Roque (released); James Smith (released). Spent £46.9m; Recouped £29.43m; Net Spend £17.47m 2009 IN (5) Victor Palsson (Aarhus GF, £384,000), Alberto Aquilani (Roma, £20m), Chris Mavinga (Paris St Germain, undisclosed), Glen Johnson (Portsmouth, £17m), Sotirios Kyrgiakos (AEK Athens £2m) OUT (9) Robbie Keane (Tottenham Hotspur, £16m); Sami Hyypia (Bayer Leverkusen, free), J Hobbs (Leicester City, £150,000), Xabi Alonso (Real Madrid, £30m), Alvaro Arbeloa (Real Madrid, £3.5m), Jermaine Pennant (Real Zaragoza, free), Sebastian Leto (Panathinaikos, £3.5m), Paul Anderson (Nottingham Forest, £250,000), Adam Hammill (Barnsley) Spent £39.384m; Recouped £53.4m; Net Spend (-£14.016m) 2010 has also seen the club with a minus figure for net spend! Torres-Babel were secured as "eye wash" to gain support from the fans. Their deals which were secured via loans ran into problems when installments were not serviced promptly. Hopefully, the deals are completed by now! Mascherano's deal was a "window dressing" to convince the fans that their finance is still strong. As for Keane's deal, it was more of a "business gimmick" to hide or mask their financial problems. Sales of alonso, masherano and keane highlight this. Liverpool was also riddled with debt and servicing debt cost 30 million a year! This is not the way to run a football club. Hope yee read this and understand. |
Posted By: seaniemac
Date Posted: 16 Oct 2010 at 8:10am
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Posted By: t_rAndy
Date Posted: 16 Oct 2010 at 11:41am
As said, that figure is way off! The last 2 years we have taking more money back in from player sales than have gone out. The years before our net outgoings were not too large either. I would say it was a nominal figure compared to other clubs on what we have spent on player buys
Edit: £9.5m net spend on players in their 3 years was the figure. I'd say compare that to the rest of the premier leagues clubs and we'd be near the bottom of the table. We did have a good squad before they came but we really would be wanting to be spend more if we were going to stay on par with the rest of the top clubs in the league. This is not a go at Utd as these arguments always turn into, I doubt they have spent that much in the last 3 years Net on players either.
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Posted By: Shoco
Date Posted: 16 Oct 2010 at 12:12pm
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why havent the new owners paid the full debt off?
-------------  YOUR 3 IN A ROW LEAGUE CHAMPIONS |
Posted By: t_rAndy
Date Posted: 16 Oct 2010 at 12:24pm
Don't think they are that rich to be honest. Not like Man City or Chelsea. That can't go on anymore anyway with new rules from 2012.
It's a business for them, not a play toy. I don't think we'll see a new stadium for a good few years. But once they are putting decent money into the squad I'll be happy with that.They said that's what they will do as they are "winners". I am not sure of the exact debt figure, but I am sure the business plan is to have a bit of debt that can be paid off over a number of years while still generating enough money to spend on the squad. The situation before was too much debt and interest on the debts that was eating up all of the revenue coming in. If they stay through to their word I am happy and then we'll see about the stadium. Probably end up sharing with Everton!
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Posted By: Carmody 10
Date Posted: 16 Oct 2010 at 1:59pm
------------- Out of order |
Posted By: t_rAndy
Date Posted: 16 Oct 2010 at 2:14pm
Don't think that has been confirmed. Sure we had problems with that before, lack of space!
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Posted By: devondudley
Date Posted: 16 Oct 2010 at 5:18pm
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liverpool have bought a lot of the houses around the main stand so that could easily be developed the kop could get bigger as a result but the anfield road end has no hope its like the north stand of the aviva ------------- But fumble in a greasy till And add the halfpence to the pence And pray to shivering prayer, until You have dried the marrow from the bone. W. B. Yeats, September 1913 |
Posted By: MayoMark
Date Posted: 16 Oct 2010 at 5:25pm
I'm nearly sure there are a few houses on that row they can't get their hands on. If they did, they wouldn't need to move! There's more room behind the A Road end!! ------------- They finally did it man... They killed my f**kin' car... |
Posted By: Carmody 10
Date Posted: 16 Oct 2010 at 6:02pm
Watch the interview on the official website Andy, some dude representing NESV said "If possible and when it comes around, The opportunity to stay at Anfield and expand rather than leave it behind would be the option we would obviously prefer, But that's a long way from being decided". ------------- Out of order |
Posted By: Guf10
Date Posted: 16 Oct 2010 at 6:09pm
------------- 2 in a row, 2 in a row, 2 in a row |
Posted By: t_rAndy
Date Posted: 17 Oct 2010 at 7:48am
I think everyone prefered to stay at anfield but don't think it's possible based on the fact of no room to add that much to the attendance. Also the stadium would really be needed to be redesigned to have something similar to the Emirates for the corporate.
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Posted By: The Count
Date Posted: 17 Oct 2010 at 5:24pm
thats a bit harsh -------------
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