Liverpool FC Forum

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

by **Kharhaz** » Wed Oct 06, 2010 11:54 pm

laza wrote:Not all of us Joe, I dont judge a person by his nationality and far as im concerned anyone of good character and bank balance is free to take ownership

........................well obviously with exception of Kiwis because they are all bunch of dirty sheep sh@ggers

Actually the other bidders were from New Zealand. 3 people were involved in matching what the yanks offered. Apparently of the 3 two were a married couple, and there were complications with regards to the role in the triangle as to who would do what.

It was only when the couple ate the sheep Broughton chose the yanks.... :wwww

by **JoeTerp** » Wed Oct 06, 2010 11:55 pm

something else that is typical of the new Red Sox regime is that they have no sentiment. They will get rid of a fan favorite if they think its the right move for sporting reasons (see Johnny Damon), but they will also pay the big bucks if they think a player if worth the money (see Daisuke Matsuzaka).

by **Dundalk** » Wed Oct 06, 2010 11:57 pm

by **Kharhaz** » Wed Oct 06, 2010 11:59 pm

JoeTerp wrote:something else that is typical of the new Red Sox regime is that they have no sentiment. They will get rid of a fan favorite if they think its the right move for sporting reasons (see Johnny Damon), but they will also pay the big bucks if they think a player if worth the money (see Daisuke Matsuzaka).

I can see Kenny Dalglish playing a big part in proceedings here if that is the case.

by **ste123lfc** » Thu Oct 07, 2010 12:00 am

REVEALED: The details behind the ‘winning’ bid for Liverpool (£240m cash, ‘wait and see’ on stadium)By Nick Harris

6 October 2010

Liverpool’s potential new owners, New England Sports Ventures, have proposed buying Liverpool in a £300m deal that will involve a cash injection of £240m to clear most of the club’s debt, sportingintelligence can reveal. This should alleviate some concerns among fans that the club is heading for another leveraged buyout. (SoS fans’ group initial response here)

As the sales process remains fluid – but complicated by legal action by Tom Hicks and George Gillett (more from earlier / plus some legal opinion) – we can also reveal:

New England Sports Ventures (NESV), owners of the Boston Red Sox, were the preferred bidders of RBS bank, which was owed a large chunk of £237m by Hicks / Gillett / Liverpool. The other “credible” bidder’s identity remains unconfirmed.
The former Arsenal managing director, Keith Edelman, has been working on the deal as an advisor to RBS, but solely for his knowledge of football finance, and will have no role at Liverpool.
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.
The £240m debt clearance plus assuming responsibility for the other £60m gives the £300m valuation for the deal.
NESV has “an open mind” on whether it will build a new stadium. The Red Sox’s Fenway Park was redeveloped rather than the Sox being relocated, for example.
Executives from NESV have already had at least one “clearance” meeting with the Premier League to discuss meeting “fit and proper” owners requirements, say sources Stateside. The Premier League is expected to release a statement later today to make the general point it is undertaking its own checks.
Sportingintelligence understands NESV has already provided the Premier League with proof of funds and a sustainable business plan and the League should be able to “green light” the sale from its own point of view by Friday. 2pm update, UK time, statement from Premier League just dropped: “The Board of the Premier League has been kept fully informed of developments regarding the potential sale of Liverpool FC by the Chairman and senior Executives of the Club and has, accordingly, been made aware of a number of potential prospective owners in recent weeks. We can confirm that Liverpool FC has formally notified the Premier League of an intended change of control and that the Board has undertaken to complete all the necessary processes by Friday 8 October so that the sale of the Club can proceed.” Update ends
.

Liverpool’s chairman Martin Broughton has said today: “This was frankly [Hicks and Gillett’s] last chance to leave Liverpool with their heads high and they have chosen to go this route.

“It is a difficult issue. Part of me taking on the role – and I was appointed by Tom and George – was that they gave a written undertaking that only I could change the board, they wrote that into the articles of the two companies Kop Football and Kop Holdings.

“They also gave a written undertaking to RBS that they would not frustrate any reasonable sale and this is frankly a flagrant abuse of those two written undertakings.”

“At Fenway they chose not to build a new stadium. They will want to make sure that they do the right thing, but [Liverpool] willl have a stadium which holds 60,000-odd.

“Whether that is the new stadium as designed or not, that is not a commitment, but will we have stadium development? Yes.”

The legal wrangle over whether the board should have been allowed to agree a sale goes on but Broughton is confident it is a battle that can be won.

link

by **LFC2007** » Thu Oct 07, 2010 12:09 am

JoeTerp wrote:something else that is typical of the new Red Sox regime is that they have no sentiment. They will get rid of a fan favorite if they think its the right move for sporting reasons (see Johnny Damon), but they will also pay the big bucks if they think a player if worth the money (see Daisuke Matsuzaka).

Who has the final say?

by **laza** » Thu Oct 07, 2010 12:13 am

Dundalk wrote:

My sort of Boston Tea party

by **Bad Bob** » Thu Oct 07, 2010 12:16 am

bunglemark2 wrote:
Bad Bob wrote:
bunglemark2 wrote:
bunglemark2 wrote:I absolutely LOVE this...
[url=http://sports.espn.go.com/espn/thelife/news/story?page=goingviral/100610[/URL]Great to see the Brookside cast members givin' it loads as well....

Has anybody seen this yet ?
[URL=http://sports.espn.go.com/espn.......10]http[/url]

You mean THIS?

Point taken lads and lasses...i didn't see that thread...

Who you calling a lass? :angry:

Kharhaz must be very offended.

by **Bad Bob** » Thu Oct 07, 2010 12:18 am

Ben Patrick wrote:
Bad Bob wrote:
JoeTerp wrote:I don't understand the obsession on here with nationality. Yes H&G were American. They were also white, how come nobody is saying no more white owners? They were both men, nobody is saying no more men owners. No more grey hair owners!

Hey Joe, nice to see you.

I wouldn't take it personally mate. There've been a few who grumbled about Yanks Part 2 but I'd say that most people have been quite open minded about the possibility, all things considered. It's clear that a lot of people are desperate for some good news and the idea of Hicks and co. being kicked into touch has produced part of the feel good factor. But, I think what the few Red Sox fans who have joined up have told us has also given people some hope, as have other sources that suggest that this Henry fellow has done the job well in Beantown. Early days yet of course but this might just be the proverbial corner we're turning here and quite a few people are allowing themselves to believe...more grubby Yanks notwithstanding.

am wary of anyone that spells socks with an x - sox.
They didnt do that in kirkby when they were robbin em

I think they used be known as the Red Stockings back in days of yore. Which do you prefer? :suspect:

by **Kharhaz** » Thu Oct 07, 2010 12:19 am

Bad Bob wrote:
bunglemark2 wrote:
Bad Bob wrote:
bunglemark2 wrote:
bunglemark2 wrote:I absolutely LOVE this...
[url=http://sports.espn.go.com/espn/thelife/news/story?page=goingviral/100610[/URL]Great to see the Brookside cast members givin' it loads as well....

Has anybody seen this yet ?
[URL=http://sports.espn.go.com/espn.......10]http[/url]

You mean THIS?

Point taken lads and lasses...i didn't see that thread...

Who you calling a lass?

Kharhaz must be very offended.

nope, the way I whinge I have some form of female gene in their !

by **Bad Bob** » Thu Oct 07, 2010 12:23 am

JoeTerp wrote:something else that is typical of the new Red Sox regime is that they have no sentiment. They will get rid of a fan favorite if they think its the right move for sporting reasons (see Johnny Damon), but they will also pay the big bucks if they think a player if worth the money (see Daisuke Matsuzaka).

Not a chance they got rid of Damon for sporting reasons. It was all down to his personal grooming.

by **Bad Bob** » Thu Oct 07, 2010 12:24 am

Kharhaz wrote: nope, the way I whinge I have some form of female gene in their !

Fair play, Dudette.

:upside:

by **Kharhaz** » Thu Oct 07, 2010 12:26 am

Bad Bob wrote:
Kharhaz wrote::laugh: nope, the way I whinge I have some form of female gene in their !

Fair play, Dudette.

and now I am know as Kharette....

by **laza** » Thu Oct 07, 2010 12:28 am

Bad Bob wrote:Not a chance they got rid of Damon for sporting reasons. It was all down to his personal grooming.

Or possibly he had to return to lowland mountains of Rwanda to continue the endangered species breeding program

Liverpool FC Forum

TAKEOVER COMPLETE - H & G Finally Jibbed!

Who is online