[quote author=Herr Onceared link=topic=34955.msg913459#msg913459 date=1248781389]
[quote author=Stanners link=topic=34955.msg913458#msg913458 date=1248781182]
[quote author=Herr Onceared link=topic=34955.msg913443#msg913443 date=1248780562]
They offset a lot of their expenditure against anticipated sale of highbury real estate and the economic downturn hit them hard.
BUT, rather than borrow heavily to increase overall debt, (they have turned down massive 100m+ loans from the russian Usmanov and the American whos name escapes me Kraft?) they have trusted Wenger to essentially get blood from a stone and keep them in the top 4 with whatever they can give him untill such times as the debt on Ashburton is paid up.
Its easy for us to laugh and point, but in reality neither team is winning anything, we're servicing debt on loans theyre servicing debt on real estate. Meaning in 3 or 4 years time both teams will be debt free but they will have a 60k state of the art stadium earning them 100m a year and we'll have a slightly better playing squad.
Meanwhile these kids they keep churning out will help keep them afloat and outweigh the debt.
Someone, somewhere down the line will inherit a decent squad, a youth set up the envy of the world, a stunning stadium and all the money in the world for transfers.
Id rather be them than us. The stadium is everything.
[/quote]
Admittedly the way we are going (money/debt wise) doesn't exactly fill me with glee, but are you saying that as a Football Fan, you would prefer to see us sell our best players, every season, and never get close to the big prizes?
Sounds like you are. I'm sorry, but debt or no debt, I want to see us challenging. I want to see the players out there winning in a Liverpool top and not thinking 'how many more seasons'. Fuck the money, fuck the new stadium...when it all comes down to it I'm a Liverpool fan.
So to get a new stadium, to refinance the debt and to eventually become debt free at 'New Anfield' you would sell Gerrard for £40m, Torres for £60m, Mascherano for £40m etc etc, and then next season sell another group of player? Sorry, but would I bollocks.
[/quote]No thats not what i meant at all.
I mean i would rather be in their position financially than ours.
[/quote]
Sorry, did come across as a rant!!
Financially neither of us have money, and we have a better team. The fucking yanks worry me, but I hate to see a football club run as a football club second (if that makes sense!).