Liverpool FC Forum

by **neil** » Wed Oct 06, 2010 11:18 am

aCe' wrote:Clearing the debt isnt the only issue

I think you'll find at this moment in time, it is.

by **NANNY RED** » Wed Oct 06, 2010 11:26 am

Dundalk wrote:
Ciggy wrote:
NANNY RED wrote:3 years of hell most of us have been through the last thing our club needs is the same thing to happen again.

Is right and it cant be allowed to happen ever again,

On the plus side we dont need to make new Yanks Out banner cause we already have them

Thats true - see theres a saving already

True ,

by **Ciggy** » Wed Oct 06, 2010 11:26 am

SouthCoastShankly wrote:Firstly, barring the obscenly rich, ALL owners only want to make money from a football club. What's your point?

Secondly, the debt is 237m plus between 20-40m in RBS late payment fines.

Thirdly, if it wasn't dragged out in the press you would have nothing to form an opinion on. Previously you were moaning you felt helpless because you didn't know what was going on. Make your mind up.

Finally. The bloke is worth 1.1bn according to Forbes.

Oh great another one questioning me be wary of another LBO merchant use your brains instead of having another go in my direction.

Broughton & Purslow brought us Roy another reason to be wary of if they have done the right thing for the club.

I dont like these words TRUST US & FRANCHISE both words have been used by the board and prospective new owner already.

We have been there before 3 years ago !!!

by **tubby** » Wed Oct 06, 2010 11:29 am

Very positive interview conducted with Martin Broughton for LFC TV. Stay tuned to the official website for the full Q&A within the hour.

by **LiverpoolMadman** » Wed Oct 06, 2010 11:31 am

huh ? other YANKS ??

by **puroresu** » Wed Oct 06, 2010 11:35 am

Dundalk wrote:Everyone suffered big losses back in 2007

The Economy is slowly starting to look up

I would argue that glorified gamblers who deal with commodities and hedge funds are more likely to be at risk

by **metalhead** » Wed Oct 06, 2010 11:38 am

bavlondon wrote:Very positive interview conducted with Martin Broughton for LFC TV. Stay tuned to the official website for the full Q&A within the hour.

What did he say?

by **RED BEERGOGGLES** » Wed Oct 06, 2010 11:40 am

Listen any new owners we acquired were going to be greeted with a certain degree of paranoia ,but in truth its of more importance we gauge the owners overall character than the fortune they say they possess ....we all thought that with Hicks and Gillettes financial resources combined we had landed on our feet ...and then the broken promises followed ...Im with SuperSub on this one Im going (for today at least ) to allow myself to feel a certain degree of hope, (Simply because I need to ) because after 3 years of these two pissing over us the club can start cleaning up the stench they have left behind ,and hopefully we march on to new beginnings .... who knows Tomorrow I may feel different I may be staunchly against this sale .... but for this moment in time can we at least step back and take in the work SOS ,RAWK ,and everyone who sent E-mails by their thousands have actually done to rid us of these tw@ ts
because Today I will thank God we our Liverpool Fans and have the weight and the strength of conviction to make things happen

by **Dundalk** » Wed Oct 06, 2010 11:42 am

@pkelso
Paul Kelso

To clarify re RBS, they will be repaid £200m by NESV.

by **Kukilon** » Wed Oct 06, 2010 11:44 am

I agree everyone needs a pat on their backs today. Not that we always share the same beliefs but we actually had a part in this.

by **Dundalk** » Wed Oct 06, 2010 11:49 am

Broughton on SSN now

by **Redman in wales** » Wed Oct 06, 2010 11:49 am

Could a Poor Red Sox Season Have Long-Term Financial Effects on the Franchise?

For Red Sox fans, there weren’t too many things to cheer about in the month of April.

The team got off to a horrendous start, plagued by a surprising lack of pitching and a not so surprising lack of offensive punch.

David Ortiz is once again showing himself to be “Big Pop-up” as opposed to “Big Papi,” and the offseason acquisitions of Marco Scutaro, Adrian Beltre, and Mike Cameron have provided minimal run production.

Granted, they were chosen to emphasize a new strategy of “run prevention,” but they have struggled in that regard too. Bad pitching, shoddy defense, and a lack of offensive production are not the traits quality teams are known for.

Needless to say, this is NOT a quality team right now.

Now comes word that a more ominous threat to Red Sox nation lingers on the horizon. Russ Smith at Splice Today notes that a poor season by the Red Sox might cause John Henry some financial trouble:

"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 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.

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.

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

link

by **Dundalk** » Wed Oct 06, 2010 11:51 am

Saying there was only ever 2 real bids, saying that the price is 300 million, with 200 million going to pay off the debt straight away

by **Redman in wales** » Wed Oct 06, 2010 11:52 am

Dundalk wrote:Broughton on SSN now

Broughton :

"Will take a week to get a court judgement on validity of sale"

"Was owners' last chance to leave LFC with heads held high. Pity they didn't take it. "

"Owners gave RBS an undertaking they would not frustrate the sale. This (attempt to change board) was flagrant abuse of that process."

"We had two excellent valid bids competing with each other. Agreed to pay £300m. £200m pays off RBS acq debt."

"We will get substantial stadium development" Redevelop Anfield a possibilty.

"There will be money available for new players in the next transfer window."

by **Dundalk** » Wed Oct 06, 2010 11:53 am

Broughton

They will be judged on what they do rather then what they say, possibility of restoring Anfield like they did for the Red Soxs but either way we will have a stadium of 60,000

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