TAKEOVER COMPLETE - H & G Finally Jibbed!

Liverpool Football Club - General Discussion

Postby RED BEERGOGGLES » Wed Oct 06, 2010 3:07 pm

1:49 pm John Thompson: Martin Broughton told me today that reveloping Anfield - an idea he had heard from kenny Dalglish - was definitely going to be looked at, Gareth

From King Kenny himself :)
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Postby LiverpoolMadman » Wed Oct 06, 2010 3:08 pm

Will this guy Mohammed bin Rashid Al Maktoum bid at the last min ?
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Postby Redman in wales » Wed Oct 06, 2010 3:09 pm

RED BEERGOGGLES wrote:John Thompson taken from the Echo's Live blog

1:40 pm John Thompson:
We're told a watertight contractual agreement has been reached that the money NEVS are investing will not and cannot be heaped upon the club as debt at a later date.......

1:41 pm John Thompson: Indeed a key source in this told me this morning that if all goes to plan, LFC will become a club with the second lowest debt burden in Premier League

Excellent live blog the Echo is conducting... slowly putting to bed my biggest fears

it is promising, but i dont think it will stop debt being put on the club in future . Sporting Intellegence reported that:

- NESV has promised £240m in cash to wipe out the majority of the monies owed to RBS and Wachovia. This is cash, not borrowed money, and therefore not to be leveraged against any Liverpool assets, sources say.

- Some £60m of debt will remain in the club (guaranteed by NESV), with approximately £40m of that earmarked for stadium redevelopment, and £20m for cashflow.


so

We're told a watertight contractual agreement has been reached that the money NEVS are investing will not and cannot be heaped upon the club as debt at a later date.......


is still factually true. the INVESTED money will never be put on to the club. However NEW money / loans may have to be sought to build a new stadium / fund player purchases
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Postby RED BEERGOGGLES » Wed Oct 06, 2010 3:09 pm

1:50
John Thompson: Billy, we are trying to make contact with the provisional new owners now to ask them about their plans
1:50
John Thompson: Whether they choose to keep their counsel until the legal action is copmpleted, we'll have to wait and see, but there is a thirst for information from them and we will be trying to quench that
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Postby stmichael » Wed Oct 06, 2010 3:10 pm

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Postby Penguins » Wed Oct 06, 2010 3:11 pm

Well, even though I am sceptical and it might be out of the frying pan and.... I'd like to say that if they are they only bidders and they are a way out of the vermins grasp, I'd take it.
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Postby RED BEERGOGGLES » Wed Oct 06, 2010 3:11 pm

1:53
TJKillilea: DK, Henry and crew walked into a similar situation in Boston with Fenway Park in 2001. The stadium, while beloved, was outdated and didn't provide suitable revenues to compete with the Red Sox rivals. Rather than build an entire new stadium, Henry (and partner Larry Lucchino) made incremental changes to the ballpark, increasing its capacity and the revenue the team could derive from it. And they did so without stripping away the character of the ballpark.
1:53
John Thompson: I'm no expert on the American baseball scene, but he tells me the Boston Red Sox have real parallels with LFC - a former giant, fallen from grace and who NEVS took over in 2001
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Postby anfieldadorer » Wed Oct 06, 2010 3:13 pm

will we be the RED SHOOZ? ???
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Postby dawson99 » Wed Oct 06, 2010 3:15 pm


He was a legend, echoeing my views. We don't want to be citeh, we just want financial stability and to move on and shop away from the cheap stores
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Postby lakes10 » Wed Oct 06, 2010 3:17 pm

hick will go to court to stop the deal.
Hick will also try to stop the club from making any profit during this time.
Hicks could ask the pream to block liverpool from playing any game or for games to be set under closed doors.


this is going to get very nasty now.

the club was sort of solf 3 hours ago yet Hicks is in place to get it all put in the bim.

the sale of the club still leaves us with a debt of 37mil, thats about the norm for a big company.

buy do the new owners have the funds to buy players and build a ground.....no.
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Postby Ben Patrick » Wed Oct 06, 2010 3:19 pm

lakes10 wrote:hick will go to court to stop the deal.
Hick will also try to stop the club from making any profit during this time.
Hicks could ask the pream to block liverpool from playing any game or for games to be set under closed doors.


this is going to get very nasty now.

the club was sort of solf 3 hours ago yet Hicks is in place to get it all put in the bim.

the sale of the club still leaves us with a debt of 37mil, thats about the norm for a big company.

buy do the new owners have the funds to buy players and build a ground.....no.

Your just p!ssed cos you didnt have a scooby what was happening  :D
Sabre looks like a big lezzer
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Postby RED BEERGOGGLES » Wed Oct 06, 2010 3:20 pm

Ben Patrick wrote:
lakes10 wrote:hick will go to court to stop the deal.
Hick will also try to stop the club from making any profit during this time.
Hicks could ask the pream to block liverpool from playing any game or for games to be set under closed doors.


this is going to get very nasty now.

the club was sort of solf 3 hours ago yet Hicks is in place to get it all put in the bim.

the sale of the club still leaves us with a debt of 37mil, thats about the norm for a big company.

buy do the new owners have the funds to buy players and build a ground.....no.

Your just p!ssed cos you didnt have a scooby what was happening  :D

:laugh:
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Postby The Good Yank » Wed Oct 06, 2010 3:20 pm

I'm no Red Sox fan ( I'm a Mets fan), but when I heard this last night I thought it was great news.  I have alot of respect for what John Henry has accomplished and in the manner of which he has done it in Boston.

When I heard Tom Hicks had bought Liverpool my first thought was more of a sickening grunt that is usually reserved for severe stomach troubles.

When I heard John Henry, I thought, well aside from a mega-rich sugar daddy, this is the kind of owner that can really offer stability with enough desire to win and spend responsibly as any other sports owner I could think of.

I think we'll see quiet changes behind the scenes.  He will do his homework and try to find the best people to run the club (Dalglish will probably have a large role to play in this search).  I don't think the stadium will be at the forefront of the list of places to improve upon first.  The TV money will be a big part of finding more money for the club for these new owners (Here in the States, Asia etc).
s@int - 13 December 2009

I won't celebrate Rafa going........ but I will be over the moon if Dalglish comes in. League within 2 years if he gets the job, AND YOU CAN QUOTE ME ON THAT.
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Postby Dundalk » Wed Oct 06, 2010 3:21 pm

@pkelso
Paul Kelso

Statement coming from NESV later - it needs to offer some detail on how the deal will be done
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Postby Benny The Noon » Wed Oct 06, 2010 3:37 pm

Ben Patrick wrote:
lakes10 wrote:hick will go to court to stop the deal.
Hick will also try to stop the club from making any profit during this time.
Hicks could ask the pream to block liverpool from playing any game or for games to be set under closed doors.


this is going to get very nasty now.

the club was sort of solf 3 hours ago yet Hicks is in place to get it all put in the bim.

the sale of the club still leaves us with a debt of 37mil, thats about the norm for a big company.

buy do the new owners have the funds to buy players and build a ground.....no.

Your just p!ssed cos you didnt have a scooby what was happening  :D

Didn't you hear - lakes said last night he mentioned them a while back but the reality he didn't have the first clue  :D
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