LFC SOLD to NESV.
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Re: Merged Topics: Club Refinance Thread
To be fair to SoS they have a good reason to try and get people to protest, IF Hicks had managed to refinance despite the situation we/he is in it would have been terrible. Pomposity aside the danger the club is in is real and it would be a shame if the club suffered further just because we calmly assumed that everything will be alright etc .... These owners are bad news IMO and there have been too many dangerous broken promises already.
I'm no fan of the superfan bullshit but most of SoSs aims are actually commendable and if I was at the next match I would be making the protest with them. However stupid or naive that might be, it's just to cynical not to try to be heard IMO
To be fair to SoS they have a good reason to try and get people to protest, IF Hicks had managed to refinance despite the situation we/he is in it would have been terrible. Pomposity aside the danger the club is in is real and it would be a shame if the club suffered further just because we calmly assumed that everything will be alright etc .... These owners are bad news IMO and there have been too many dangerous broken promises already.
I'm no fan of the superfan bullshit but most of SoSs aims are actually commendable and if I was at the next match I would be making the protest with them. However stupid or naive that might be, it's just to cynical not to try to be heard IMO
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[li][/li]
Re: Merged Topics: Club Refinance Thread
I'm with SOS on this.
I'm with SOS on this.
Re: Merged Topics: Club Refinance Thread
[quote author=Molbystwin link=topic=41783.msg1178825#msg1178825 date=1285051049]
To be fair to SoS they have a good reason to try and get people to protest, IF Hicks had managed to refinance despite the situation we/he is in it would have been terrible. Pomposity aside the danger the club is in is real and it would be a shame if the club suffered further just because we calmly assumed that everything will be alright etc .... These owners are bad news IMO and there have been too many dangerous broken promises already.
I'm no fan of the superfan bullshit but most of SoSs aims are actually commendable and if I was at the next match I would be making the protest with them. However stupid or naive that might be, it's just to cynical not to try to be heard IMO
Protests will do nothing, selling alternative kits will do nothing. Only a boycott of games will have any effect, but they won't countenance that. It's too inconvenient.
So I don't have much time for posturing while avoiding the only actually effective strategy. That said it's not needed, since the Yanks are going regardless of what SOS do.
[quote author=Molbystwin link=topic=41783.msg1178825#msg1178825 date=1285051049]
To be fair to SoS they have a good reason to try and get people to protest, IF Hicks had managed to refinance despite the situation we/he is in it would have been terrible. Pomposity aside the danger the club is in is real and it would be a shame if the club suffered further just because we calmly assumed that everything will be alright etc .... These owners are bad news IMO and there have been too many dangerous broken promises already.
I'm no fan of the superfan bullshit but most of SoSs aims are actually commendable and if I was at the next match I would be making the protest with them. However stupid or naive that might be, it's just to cynical not to try to be heard IMO
[li][/li]
[li][/li]
Protests will do nothing, selling alternative kits will do nothing. Only a boycott of games will have any effect, but they won't countenance that. It's too inconvenient.
So I don't have much time for posturing while avoiding the only actually effective strategy. That said it's not needed, since the Yanks are going regardless of what SOS do.
Re: Merged Topics: Club Refinance Thread
Chris Bascombe Twitter
Chris Bascombe (ChrisBasco_NOTW) on Twitter
It appears Blackstone/GSO employees arrived in work today to discover a couple of THOUSAND emails from#LFC fans.
If, as appears, Blackstone have ended Hicks talks, it's a direct reaction in the last 24 hours to the #LFC fans' magnificent response.
Chris Bascombe Twitter
Chris Bascombe (ChrisBasco_NOTW) on Twitter
It appears Blackstone/GSO employees arrived in work today to discover a couple of THOUSAND emails from#LFC fans.
If, as appears, Blackstone have ended Hicks talks, it's a direct reaction in the last 24 hours to the #LFC fans' magnificent response.
Re: Merged Topics: Club Refinance Thread
[quote author=Rosco link=topic=41783.msg1178841#msg1178841 date=1285052335]
[quote author=Molbystwin link=topic=41783.msg1178825#msg1178825 date=1285051049]
To be fair to SoS they have a good reason to try and get people to protest, IF Hicks had managed to refinance despite the situation we/he is in it would have been terrible. Pomposity aside the danger the club is in is real and it would be a shame if the club suffered further just because we calmly assumed that everything will be alright etc .... These owners are bad news IMO and there have been too many dangerous broken promises already.
I'm no fan of the superfan bullshit but most of SoSs aims are actually commendable and if I was at the next match I would be making the protest with them. However stupid or naive that might be, it's just to cynical not to try to be heard IMO
Protests will do nothing, selling alternative kits will do nothing. Only a boycott of games will have any effect, but they won't countenance that. It's too inconvenient.
So I don't have much time for posturing while avoiding the only actually effective strategy. That said it's not needed, since the Yanks are going regardless of what SOS do.
[/quote]
I agree Rosco i think its been a shambles of an "opposition" and that a boycott was the only thing they should have organised properly and havent... as for it not being needed.... i fucking hope not as it strikes me as a complete clusterfuck if Hicks remains in charge.
Im not sure that they wouldnt countenance a boycott of games however.... i think they just lack support to make it meaningful, which in turn stems from their poor organisation and difficulty in expressing themselves in a way that engenders support from your average fan.
[quote author=Rosco link=topic=41783.msg1178841#msg1178841 date=1285052335]
[quote author=Molbystwin link=topic=41783.msg1178825#msg1178825 date=1285051049]
To be fair to SoS they have a good reason to try and get people to protest, IF Hicks had managed to refinance despite the situation we/he is in it would have been terrible. Pomposity aside the danger the club is in is real and it would be a shame if the club suffered further just because we calmly assumed that everything will be alright etc .... These owners are bad news IMO and there have been too many dangerous broken promises already.
I'm no fan of the superfan bullshit but most of SoSs aims are actually commendable and if I was at the next match I would be making the protest with them. However stupid or naive that might be, it's just to cynical not to try to be heard IMO
[li][/li]
[li][/li]
Protests will do nothing, selling alternative kits will do nothing. Only a boycott of games will have any effect, but they won't countenance that. It's too inconvenient.
So I don't have much time for posturing while avoiding the only actually effective strategy. That said it's not needed, since the Yanks are going regardless of what SOS do.
[/quote]
I agree Rosco i think its been a shambles of an "opposition" and that a boycott was the only thing they should have organised properly and havent... as for it not being needed.... i fucking hope not as it strikes me as a complete clusterfuck if Hicks remains in charge.
Im not sure that they wouldnt countenance a boycott of games however.... i think they just lack support to make it meaningful, which in turn stems from their poor organisation and difficulty in expressing themselves in a way that engenders support from your average fan.
Re: Merged Topics: Club Refinance Thread
[quote author=Hansern link=topic=41783.msg1178867#msg1178867 date=1285054391]
Chris Bascombe Twitter
Chris Bascombe (ChrisBasco_NOTW) on Twitter
It appears Blackstone/GSO employees arrived in work today to discover a couple of THOUSAND emails from#LFC fans.
If, as appears, Blackstone have ended Hicks talks, it's a direct reaction in the last 24 hours to the #LFC fans' magnificent response.
[/quote]
Yeah right. So that's what fucked up the scoop then Chris
regards
[quote author=Hansern link=topic=41783.msg1178867#msg1178867 date=1285054391]
Chris Bascombe Twitter
Chris Bascombe (ChrisBasco_NOTW) on Twitter
It appears Blackstone/GSO employees arrived in work today to discover a couple of THOUSAND emails from#LFC fans.
If, as appears, Blackstone have ended Hicks talks, it's a direct reaction in the last 24 hours to the #LFC fans' magnificent response.
[/quote]
Yeah right. So that's what fucked up the scoop then Chris
regards
Re: Merged Topics: Club Refinance Thread
[quote author=Vlads Quiff link=topic=41783.msg1178877#msg1178877 date=1285054970]
[quote author=Hansern link=topic=41783.msg1178867#msg1178867 date=1285054391]
Chris Bascombe Twitter
Chris Bascombe (ChrisBasco_NOTW) on Twitter
It appears Blackstone/GSO employees arrived in work today to discover a couple of THOUSAND emails from#LFC fans.
If, as appears, Blackstone have ended Hicks talks, it's a direct reaction in the last 24 hours to the #LFC fans' magnificent response.
[/quote]
Yeah right. So that's what fucked up the scoop then Chris
regards
[/quote]
He really has no stories at all these days.
[quote author=Vlads Quiff link=topic=41783.msg1178877#msg1178877 date=1285054970]
[quote author=Hansern link=topic=41783.msg1178867#msg1178867 date=1285054391]
Chris Bascombe Twitter
Chris Bascombe (ChrisBasco_NOTW) on Twitter
It appears Blackstone/GSO employees arrived in work today to discover a couple of THOUSAND emails from#LFC fans.
If, as appears, Blackstone have ended Hicks talks, it's a direct reaction in the last 24 hours to the #LFC fans' magnificent response.
[/quote]
Yeah right. So that's what fucked up the scoop then Chris
regards
[/quote]
He really has no stories at all these days.
Re: Merged Topics: Club Refinance Thread
There has been so many "scoops" about LFC during the last few seasons that its just got silly. tbh honest i never did like Bascombe even before he took a job with NOTW but he has been off the scale for his ridiculous pieces and scaremongering for a while now. You get the feeling he is out of his depth down there and is coming up with exaggeration after exaggeration just to fit in with the shit pedalling southern cunts.
What a truly bullshit article that is by the way, even by his standards.
There has been so many "scoops" about LFC during the last few seasons that its just got silly. tbh honest i never did like Bascombe even before he took a job with NOTW but he has been off the scale for his ridiculous pieces and scaremongering for a while now. You get the feeling he is out of his depth down there and is coming up with exaggeration after exaggeration just to fit in with the shit pedalling southern cunts.
What a truly bullshit article that is by the way, even by his standards.
Re: Merged Topics: Club Refinance Thread
In his position it's all about helping to sell newspapers. Liverpool FC are news and he has claim to contacts there, so his bosses probably think his word is gospel; then they'll check the sales figures. Since when has truth or solid information got in the way of a story?
In his position it's all about helping to sell newspapers. Liverpool FC are news and he has claim to contacts there, so his bosses probably think his word is gospel; then they'll check the sales figures. Since when has truth or solid information got in the way of a story?
Re: Merged Topics: Club Refinance Thread
I dont give a fuck about Bascombe. I am just very relieved that Hicks is struggling for refinancing. The worst thing that can happen to us is that he is able to get his hands on any money. It is definatly D-Day minus 20 today.
I dont give a fuck about Bascombe. I am just very relieved that Hicks is struggling for refinancing. The worst thing that can happen to us is that he is able to get his hands on any money. It is definatly D-Day minus 20 today.
Re: Merged Topics: Club Refinance Thread
As I have said previously, Chris was in the shit from the moment the Yanks took over and the old board along with his mole were emptied out, which was the same problem for all the rest of the ITK brigade.
regards
As I have said previously, Chris was in the shit from the moment the Yanks took over and the old board along with his mole were emptied out, which was the same problem for all the rest of the ITK brigade.
regards
Re: Merged Topics: Club Refinance Thread
Apperantly Schwarzman at Blackstone recived 7.000 emails over the weekend from Liverpool fans, so I'm guessing it had some effect. We may not like SOS and RAWK, but they deserve credit for doing things like this.
I recived an email from a friend on sunday, and forwaded it. That was from Kopfaithful.
Apperantly Schwarzman at Blackstone recived 7.000 emails over the weekend from Liverpool fans, so I'm guessing it had some effect. We may not like SOS and RAWK, but they deserve credit for doing things like this.
I recived an email from a friend on sunday, and forwaded it. That was from Kopfaithful.
Re: Merged Topics: Club Refinance Thread
As regards fans direct action. I wonder if any potential new owners could be put off by fan-power, I think I would if they were getting particularly arsey.
It probably hasn't got to that stage and is seen what it is a minor irritant, but with peoples feelings in no doubt.
regards
As regards fans direct action. I wonder if any potential new owners could be put off by fan-power, I think I would if they were getting particularly arsey.
It probably hasn't got to that stage and is seen what it is a minor irritant, but with peoples feelings in no doubt.
regards
Re: Merged Topics: Club Refinance Thread
If you're concerned that your customers are demanding you may not be cut out for ownership though.
I think any new owners will be well aware of expectations.
The current attempts to make complaints as public as possible (by SOS and others) are surely due to broken promises by the owners?
New owners who keep their promises is not an unreasonable position and Liverpool fans are generally patient, I think.
If you're concerned that your customers are demanding you may not be cut out for ownership though.
I think any new owners will be well aware of expectations.
The current attempts to make complaints as public as possible (by SOS and others) are surely due to broken promises by the owners?
New owners who keep their promises is not an unreasonable position and Liverpool fans are generally patient, I think.
Re: Merged Topics: Club Refinance Thread
not long left until oct 6th. I think what happens between now and then will either make or break the club.
not long left until oct 6th. I think what happens between now and then will either make or break the club.
Re: Merged Topics: Club Refinance Thread
[quote author=Hansern link=topic=41783.msg1178922#msg1178922 date=1285059358]
Apperantly Schwarzman at Blackstone recived 7.000 emails over the weekend from Liverpool fans, so I'm guessing it had some effect. We may not like SOS and RAWK, but they deserve credit for doing things like this.
I recived an email from a friend on sunday, and forwaded it. That was from Kopfaithful.
[/quote]
I agree that it probably was a factor, but byt far the biggest factor (and we should keep hoping it stays like this) is probably that Blackstone doesnt see profits to be made ie massive interest rates which arent going to be collected once we go under.
[quote author=Hansern link=topic=41783.msg1178922#msg1178922 date=1285059358]
Apperantly Schwarzman at Blackstone recived 7.000 emails over the weekend from Liverpool fans, so I'm guessing it had some effect. We may not like SOS and RAWK, but they deserve credit for doing things like this.
I recived an email from a friend on sunday, and forwaded it. That was from Kopfaithful.
[/quote]
I agree that it probably was a factor, but byt far the biggest factor (and we should keep hoping it stays like this) is probably that Blackstone doesnt see profits to be made ie massive interest rates which arent going to be collected once we go under.
Re: Merged Topics: Club Refinance Thread
[quote author=spider-neil link=topic=41783.msg1178956#msg1178956 date=1285061023]
not long left until oct 6th. I think what happens between now and then will either make or break the club.
[/quote]
Some seem to think it's the 11th of October. But either way I agree with you, one of the most important months in the history of our club. We could either move forward or be wiped of the map completely.
[quote author=spider-neil link=topic=41783.msg1178956#msg1178956 date=1285061023]
not long left until oct 6th. I think what happens between now and then will either make or break the club.
[/quote]
Some seem to think it's the 11th of October. But either way I agree with you, one of the most important months in the history of our club. We could either move forward or be wiped of the map completely.
Re: Merged Topics: Club Refinance Thread
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
Re: Merged Topics: Club Refinance Thread
I dont really know much about SOS, apart from what I read here (mostly negative), but the way I look at it is, that at least they are trying to do something positive, other than ranting from the comfort of a chair
I dont really know much about SOS, apart from what I read here (mostly negative), but the way I look at it is, that at least they are trying to do something positive, other than ranting from the comfort of a chair
Re: Merged Topics: Club Refinance Thread
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
Re: Merged Topics: Club Refinance Thread
[quote author=Jack D Rips link=topic=41783.msg1178978#msg1178978 date=1285061824]
I dont really know much about SOS, apart from what I read here (mostly negative), but the way I look at it is, that at least they are trying to do something positive, other than ranting from the comfort of a chair
[/quote]
Exactly. They deserve more respect for at least *trying* to mobilise support and express the feelings of Liverpool fans.
[quote author=Jack D Rips link=topic=41783.msg1178978#msg1178978 date=1285061824]
I dont really know much about SOS, apart from what I read here (mostly negative), but the way I look at it is, that at least they are trying to do something positive, other than ranting from the comfort of a chair
[/quote]
Exactly. They deserve more respect for at least *trying* to mobilise support and express the feelings of Liverpool fans.
Re: Merged Topics: Club Refinance Thread
[quote author=spider-neil link=topic=41783.msg1178986#msg1178986 date=1285062288]
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[/quote]
Sorry, neil, but this is confused and faintly hysterical. For one thing Hicks' options for refinancing - to whatever extent they genuinely existed, which is dubious anyway - are rapidly running out. For another the supposed new players and the "spade in the ground" would come out of the refinance money (were Hicks to achieve that after all), not get added to it.
[quote author=spider-neil link=topic=41783.msg1178986#msg1178986 date=1285062288]
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[/quote]
Sorry, neil, but this is confused and faintly hysterical. For one thing Hicks' options for refinancing - to whatever extent they genuinely existed, which is dubious anyway - are rapidly running out. For another the supposed new players and the "spade in the ground" would come out of the refinance money (were Hicks to achieve that after all), not get added to it.
Re: Merged Topics: Club Refinance Thread
[quote author=Judge Jules link=topic=41783.msg1179035#msg1179035 date=1285066899]
[quote author=spider-neil link=topic=41783.msg1178986#msg1178986 date=1285062288]
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[/quote]
Sorry, neil, but this is confused and faintly hysterical. For one thing Hicks' options for refinancing - to whatever extent they genuinely existed, which is dubious anyway - are rapidly running out. For another the supposed new players and the "spade in the ground" would come out of the refinance money (were Hicks to achieve that after all), not get added to it.
[/quote]
There is no doubt that whoever buy the club will have to look at an outlay of appr 2-300 million pounds. 600 if Hicks got his will, but luckily it seem s like he is not.
The financing of the stadium (we are not even filling Anfield these days are we) will add a cost tothe project of appr 300 mill pounds. This has to be financed over the running of the club. We cant expect someone to just buy ourselves a stadium. But we need to be aware that a new stadium will add yearly cost to the club. The plan will probably be to loan that money, not put it up upfront. So the increased income parlty goes to pay off the building costs.
New players... We whould not be in a state were we have to have external factors financing new players. We should be a club who is able to run itself. If that means we have to be smarter than Salford, Chelsea and City with our money, so be it. Then we just have to be best in class on other areas. Like Arsenal.
[quote author=Judge Jules link=topic=41783.msg1179035#msg1179035 date=1285066899]
[quote author=spider-neil link=topic=41783.msg1178986#msg1178986 date=1285062288]
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[/quote]
Sorry, neil, but this is confused and faintly hysterical. For one thing Hicks' options for refinancing - to whatever extent they genuinely existed, which is dubious anyway - are rapidly running out. For another the supposed new players and the "spade in the ground" would come out of the refinance money (were Hicks to achieve that after all), not get added to it.
[/quote]
There is no doubt that whoever buy the club will have to look at an outlay of appr 2-300 million pounds. 600 if Hicks got his will, but luckily it seem s like he is not.
The financing of the stadium (we are not even filling Anfield these days are we) will add a cost tothe project of appr 300 mill pounds. This has to be financed over the running of the club. We cant expect someone to just buy ourselves a stadium. But we need to be aware that a new stadium will add yearly cost to the club. The plan will probably be to loan that money, not put it up upfront. So the increased income parlty goes to pay off the building costs.
New players... We whould not be in a state were we have to have external factors financing new players. We should be a club who is able to run itself. If that means we have to be smarter than Salford, Chelsea and City with our money, so be it. Then we just have to be best in class on other areas. Like Arsenal.
Re: Merged Topics: Club Refinance Thread
I can't see us ever having a new stadium unless we get bought by one of the worlds richest egos. The only way it would have worked financially is when we didn't have any debt too start with - i.e - for Moores to have got a decent team around him and a proposal together. That ship has sailed.
I can't see us ever having a new stadium unless we get bought by one of the worlds richest egos. The only way it would have worked financially is when we didn't have any debt too start with - i.e - for Moores to have got a decent team around him and a proposal together. That ship has sailed.
Re: Merged Topics: Club Refinance Thread
[quote author=Judge Jules link=topic=41783.msg1179035#msg1179035 date=1285066899]
[quote author=spider-neil link=topic=41783.msg1178986#msg1178986 date=1285062288]
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[/quote]
Sorry, neil, but this is confused and faintly hysterical. For one thing Hicks' options for refinancing - to whatever extent they genuinely existed, which is dubious anyway - are rapidly running out. For another the supposed new players and the "spade in the ground" would come out of the refinance money (were Hicks to achieve that after all), not get added to it.
[/quote]
i dunno, maybe a little hysteria is called for at this stage. if i remember right, when me and others were up in arms months ago over the yanks' £600m valuation, you were the one serenely insisting that that was a perfectly reasonable and attractive price - i think you even provided evidence from forbes magazine to bolster this insane valuaton.
well i think it's safe to assume you were wrong about that.
[quote author=Judge Jules link=topic=41783.msg1179035#msg1179035 date=1285066899]
[quote author=spider-neil link=topic=41783.msg1178986#msg1178986 date=1285062288]
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[/quote]
Sorry, neil, but this is confused and faintly hysterical. For one thing Hicks' options for refinancing - to whatever extent they genuinely existed, which is dubious anyway - are rapidly running out. For another the supposed new players and the "spade in the ground" would come out of the refinance money (were Hicks to achieve that after all), not get added to it.
[/quote]
i dunno, maybe a little hysteria is called for at this stage. if i remember right, when me and others were up in arms months ago over the yanks' £600m valuation, you were the one serenely insisting that that was a perfectly reasonable and attractive price - i think you even provided evidence from forbes magazine to bolster this insane valuaton.
well i think it's safe to assume you were wrong about that.
Re: Merged Topics: Club Refinance Thread
I want to know what I posted was in error?
* whoever pays the club has to buy the debt but H&G loan, correct? 300+ mil
* they have to start work on the stadium, of course the loan to start the stadium can be secured against the club but it is still a loan that has to be paid month on month. loan 300+ mil
* then there is an outlay for new players to make us competitive at the top of the table.
so you are looking at well over half a billion pounds before the new owners sees a 'penny' of profit.
is this or this this not correct?
I want to know what I posted was in error?
* whoever pays the club has to buy the debt but H&G loan, correct? 300+ mil
* they have to start work on the stadium, of course the loan to start the stadium can be secured against the club but it is still a loan that has to be paid month on month. loan 300+ mil
* then there is an outlay for new players to make us competitive at the top of the table.
so you are looking at well over half a billion pounds before the new owners sees a 'penny' of profit.
is this or this this not correct?
Re: Merged Topics: Club Refinance Thread
[quote author=Judge Jules link=topic=41783.msg1179035#msg1179035 date=1285066899]
[quote author=spider-neil link=topic=41783.msg1178986#msg1178986 date=1285062288]
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[/quote]
Sorry, neil, but this is confused and faintly hysterical. For one thing Hicks' options for refinancing - to whatever extent they genuinely existed, which is dubious anyway - are rapidly running out. For another the supposed new players and the "spade in the ground" would come out of the refinance money (were Hicks to achieve that after all), not get added to it.
[/quote]
Are you sure about that? I vaguely remember reading otherwise...
[quote author=Judge Jules link=topic=41783.msg1179035#msg1179035 date=1285066899]
[quote author=spider-neil link=topic=41783.msg1178986#msg1178986 date=1285062288]
[quote author=Judge Jules link=topic=41783.msg1178970#msg1178970 date=1285061554]
I don't see the club being totally "broken" but we could certainly be set back a long way IF things were to go badly.
This is a point LFC was always going to get to when Sir John Smith stepped down from the chairmanship and wasn't adequately replaced. The inadequacies of decades are finally being dealt with and that was always going to be a painful process, but at the same time a necessary one. It's a nervous moment, but also one which is full of potential. When you walk through a storm, and all that.
[/quote]
the way I see it is, if hicks manages to get refinance then I can't see the club being sold anytime soon and certainly not by 2012 he is predicting as the cost of buying out hicks a minimum of 300m (the cost of the loan plus hick's profit) plus the construction of the stadium, plus the purchase of players to make us competitive.
you are looking at close to a billion with no possibility of making a profit in the near future. seriously, who is going to buy liverpool off hicks?
[/quote]
Sorry, neil, but this is confused and faintly hysterical. For one thing Hicks' options for refinancing - to whatever extent they genuinely existed, which is dubious anyway - are rapidly running out. For another the supposed new players and the "spade in the ground" would come out of the refinance money (were Hicks to achieve that after all), not get added to it.
[/quote]
Are you sure about that? I vaguely remember reading otherwise...
Re: Merged Topics: Club Refinance Thread
[quote author=Hansern link=topic=41783.msg1178922#msg1178922 date=1285059358]
Apperantly Schwarzman at Blackstone recived 7.000 emails over the weekend from Liverpool fans, so I'm guessing it had some effect. We may not like SOS and RAWK, but they deserve credit for doing things like this.
I recived an email from a friend on sunday, and forwaded it. That was from Kopfaithful.
[/quote]
if this is all sos and rawk are capable of and if anyone really believes that it had any impact whatsoever in approving or rejecting a loan then they are at best naive.
[quote author=Hansern link=topic=41783.msg1178922#msg1178922 date=1285059358]
Apperantly Schwarzman at Blackstone recived 7.000 emails over the weekend from Liverpool fans, so I'm guessing it had some effect. We may not like SOS and RAWK, but they deserve credit for doing things like this.
I recived an email from a friend on sunday, and forwaded it. That was from Kopfaithful.
[/quote]
if this is all sos and rawk are capable of and if anyone really believes that it had any impact whatsoever in approving or rejecting a loan then they are at best naive.
Re: Merged Topics: Club Refinance Thread
[quote author=spider-neil link=topic=41783.msg1179125#msg1179125 date=1285075354]
I want to know what I posted was in error?
* whoever pays the club has to buy the debt but H&G loan, correct? 300+ mil
* they have to start work on the stadium, of course the loan to start the stadium can be secured against the club but it is still a loan that has to be paid month on month. loan 300+ mil
* then there is an outlay for new players to make us competitive at the top of the table.
so you are looking at well over half a billion pounds before the new owners sees a 'penny' of profit.
is this or this this not correct?
[/quote]
This is correct. But as I said, the real depth of the club might be as little as 237mill pounds, and if you get away with that as a purching price (or even lower if RBS is willing to hand over the club for a small loss) then you have one of the strongest brands in the business for maybe as low as 200 mill pounds.
The stadium need to be financed over the clubs budget. But the yearly outlays should be well covered by increased income (or else there is no point is it?)
Bringing in players, or actually traint he ones we have to become good is a huge challenge with or wthout new owners and stadium. But no rich man can get that one right. It requires a football head to get that one.
[quote author=spider-neil link=topic=41783.msg1179125#msg1179125 date=1285075354]
I want to know what I posted was in error?
* whoever pays the club has to buy the debt but H&G loan, correct? 300+ mil
* they have to start work on the stadium, of course the loan to start the stadium can be secured against the club but it is still a loan that has to be paid month on month. loan 300+ mil
* then there is an outlay for new players to make us competitive at the top of the table.
so you are looking at well over half a billion pounds before the new owners sees a 'penny' of profit.
is this or this this not correct?
[/quote]
This is correct. But as I said, the real depth of the club might be as little as 237mill pounds, and if you get away with that as a purching price (or even lower if RBS is willing to hand over the club for a small loss) then you have one of the strongest brands in the business for maybe as low as 200 mill pounds.
The stadium need to be financed over the clubs budget. But the yearly outlays should be well covered by increased income (or else there is no point is it?)
Bringing in players, or actually traint he ones we have to become good is a huge challenge with or wthout new owners and stadium. But no rich man can get that one right. It requires a football head to get that one.
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