Liverpool FC Forum

by **boodiddy1** » Sat Sep 11, 2010 12:47 pm

lakes10 wrote:RBS set to agree new loan in light of lack of bidders for the club.

no shock there, look how much money RBS are making out of the old loand, our debt is keeping them bloody running.

Well? Elaborate!

A broken clock is right twice a day.

by **TarnRed** » Sat Sep 11, 2010 1:32 pm

boodiddy1 wrote:
lakes10 wrote:RBS set to agree new loan in light of lack of bidders for the club.

no shock there, look how much money RBS are making out of the old loand, our debt is keeping them bloody running.

Well? Elaborate!

A broken clock is right twice a day.

He's making assumptions from snippets out of the rags mate.

Neither option is straightforward, but The Daily Telegraph understands that RBS will extend the financing deal for a short period only if Broughton indicates there is a realistic chance of a deal being closed quickly after Oct 6.

by **lakes10** » Sat Sep 11, 2010 6:36 pm

TarnRed wrote:
boodiddy1 wrote:
lakes10 wrote:RBS set to agree new loan in light of lack of bidders for the club.

no shock there, look how much money RBS are making out of the old loand, our debt is keeping them bloody running.

Well? Elaborate!

A broken clock is right twice a day.

He's making assumptions from snippets out of the rags mate.

Neither option is straightforward, but The Daily Telegraph understands that RBS will extend the financing deal for a short period only if Broughton indicates there is a realistic chance of a deal being closed quickly after Oct 6.

yep spot on, over the last two days there been a few reports about what RBS are going to do with the liverpool loan. as they have not acted on the news reports then i think its very safe to say they are going to renew the loan and rake in as much money as they can from it.

not only are we being raped by the owners but also by RBS. they are making so much off us that its a :censored:

joke.

by **maypaxvobiscum** » Sat Sep 11, 2010 7:21 pm

@Lakes, doesnt make sense. by giving another loan, they are adding on to the debts which would make it less attractive for another potential buyer. and it will also make it harder to sell as the potential buyer would have to pay more. if RBS takes over in Oct, they can sell the club for a reasonable sum YET make a profit. if they give another loan, then the selling price of the club will increase thereby chances of any profit would be slimmer.

by **The Raven** » Sat Sep 11, 2010 7:24 pm

If they give the yanks more time then heaven help them

by **lakes10** » Sat Sep 11, 2010 9:19 pm

maypaxvobiscum wrote:@Lakes, doesnt make sense. by giving another loan, they are adding on to the debts which would make it less attractive for another potential buyer. and it will also make it harder to sell as the potential buyer would have to pay more. if RBS takes over in Oct, they can sell the club for a reasonable sum YET make a profit. if they give another loan, then the selling price of the club will increase thereby chances of any profit would be slimmer.

if i gave you a loan on a car £5000 for a year but was asking you to pay back £1000 intrest every week, would i ask you to sell the car to pay the rest off? would i take the car back and sell it for book price? no i would keep giving you the loan so i can make money off you.

ok i know its not all like that but right know its the mood i am in tonight lol.

by **tubby** » Sat Sep 11, 2010 10:23 pm

This can't be :censored:

happening. Meanwhile our team isn't getting the money it should. What happens next summer when we spend fk all and Torres actually does pack it in? There gonna be murders if this happens.

by **TarnRed** » Sat Sep 11, 2010 10:41 pm

Hong Kong based investor leads race. Not sure of the validity of this so don't shoot me down.

http://www.clickliverpool.com/sport....se.html

by **bunglemark2** » Sat Sep 11, 2010 11:18 pm

Groundhog Day !

by **Reg** » Sat Sep 11, 2010 11:59 pm

lakes10 wrote:
TarnRed wrote:
boodiddy1 wrote:
lakes10 wrote:RBS set to agree new loan in light of lack of bidders for the club.

no shock there, look how much money RBS are making out of the old loand, our debt is keeping them bloody running.

Well? Elaborate!

A broken clock is right twice a day.

He's making assumptions from snippets out of the rags mate.

Neither option is straightforward, but The Daily Telegraph understands that RBS will extend the financing deal for a short period only if Broughton indicates there is a realistic chance of a deal being closed quickly after Oct 6.

yep spot on, over the last two days there been a few reports about what RBS are going to do with the liverpool loan. as they have not acted on the news reports then i think its very safe to say they are going to renew the loan and rake in as much money as they can from it.

not only are we being raped by the owners but also by RBS. they are making so much off us that its a joke.

BS.

RBS will NEED to extend the loan no matter whether we have a buyer or not - if they dont want to take us into administration.

The Telegraph comment is only a snippet of the big picture, maybe there IS a buyer so RBS will have written the buyer into the extension agreement. 'We hearby extend the loan 30 days to meet the requirements of the time needed to complete the deal with XYZ, should this deal fall thru then RBS will immediately call on the loan in full'.

I wish the self proclaimed fkg experts would go back to spanking their monkeys.

If there is no buyer then logically the fan buyout is the next option? Whatever, they need to extend the loan - its the small print thats important.

by **Reg** » Sun Sep 12, 2010 12:02 am

TarnRed wrote:Hong Kong based investor leads race. Not sure of the validity of this so don't shoot me down.

http://www.clickliverpool.com/sport....se.html

You see:

'Sources close to Barclays Capital have indicated that the unnamed bidder is 'leading the race' to win control of the club with as many as five bidders understood to be at 'in-depth' stages of due dilligence.'

5 bidders so you'd extend the loan with provisos would ya? :idea

by **JBG** » Sun Sep 12, 2010 3:16 am

I dont see a solution to this any time soon, although I hope I am wrong.

Theres some money to be made in Liverpool FC, but I think its dawning on people that theres no big money in sport (as in big profits to the owner) and Hicks and Gillette will go through a lot of pain in releasing this (unfortunately, likely at out short term expense).

This could drag on for another year or so ( I believe they will ultimately manage to re-finance if it comes down to it) at Liverpool FC's short term expense, but as long as our next owners have reasonable shoulders on their heads Liverpool's future should be good.

I dont for a minute buy into the long term doom and gloom/Apocalpse Now scenarios put forward by some fans although the next season or so in the league could be sticky.

by **maypaxvobiscum** » Sun Sep 12, 2010 6:52 am

lakes10 wrote:
maypaxvobiscum wrote:@Lakes, doesnt make sense. by giving another loan, they are adding on to the debts which would make it less attractive for another potential buyer. and it will also make it harder to sell as the potential buyer would have to pay more. if RBS takes over in Oct, they can sell the club for a reasonable sum YET make a profit. if they give another loan, then the selling price of the club will increase thereby chances of any profit would be slimmer.

if i gave you a loan on a car £5000 for a year but was asking you to pay back £1000 intrest every week, would i ask you to sell the car to pay the rest off? would i take the car back and sell it for book price? no i would keep giving you the loan so i can make money off you.

ok i know its not all like that but right know its the mood i am in tonight lol.

so you're of the opinion that RBS wants to make as much money off us ?

by **lakes10** » Sun Sep 12, 2010 10:46 am

Reg wrote:
TarnRed wrote:Hong Kong based investor leads race. Not sure of the validity of this so don't shoot me down.

http://www.clickliverpool.com/sport....se.html

You see:

'Sources close to Barclays Capital have indicated that the unnamed bidder is 'leading the race' to win control of the club with as many as five bidders understood to be at 'in-depth' stages of due dilligence.'

5 bidders so you'd extend the loan with provisos would ya?

no, if you wish to get shot of the loan you tell them to bloody hurry up and get on with it or you are pulling the loan.

sorry the bottom line is RBS are making far too much money off us ti wish the loan was ended.
they dont give too shits about a football team all they are looking for is how much money they can make out of giving us the loan.

5 bidders??? ok so we have not been there before, i i call the club and offer them £5 for it will that make six bidders?

soory but after the chats i have had this week with friends i feel very down about our club right now.

i hope that if there are 5 bidders then one of them can make us debt free and not just buy out the loan or take over the loan.

by **Igor Zidane** » Sun Sep 12, 2010 11:26 am

JBG wrote:I dont see a solution to this any time soon, although I hope I am wrong.

Theres some money to be made in Liverpool FC, but I think its dawning on people that theres no big money in sport (as in big profits to the owner) and Hicks and Gillette will go through a lot of pain in releasing this (unfortunately, likely at out short term expense).

This could drag on for another year or so ( I believe they will ultimately manage to re-finance if it comes down to it) at Liverpool FC's short term expense, but as long as our next owners have reasonable shoulders on their heads Liverpool's future should be good.

I dont for a minute buy into the long term doom and gloom/Apocalpse Now scenarios put forward by some fans although the next season or so in the league could be sticky.

Yeh lets just put our hands over our ears and scream lah lah lah and it will all go away . Nice .

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