Im highly doubtful that we would get deducted 9 points mainly due to politics.
Its in the interests of the league both financial and political to have iconic giant like Liverpool back in sport pages and not just in dodgy end of business section
If we did though get the deduction and went down, Reg summed up perfectly a few posts back
TAKEOVER COMPLETE - H & G Finally Jibbed!
by Reg » Fri Oct 08, 2010 11:56 pm
Look at Broughton's comments in the Telegraph today, they're chorreographed.... T&T have a show trial next week to register their protest at the sale price so Broughton responds in public saying they had no choice, there were no better buyers available and they had to act or be taken into administration and lose 9 points. Great stuff, I hope they make a film of it....
“It [administration] could happen, yes,” Broughton said. "This is all part of why it is important that we made the decision on Tuesday to accept one or the other of the two very acceptable bids. Heading for administration was a very likely outcome if we didn't.
"Even now with the court case looming, administration cannot be ruled out. It is not inevitable, and I am not going to start giving percentages of how much it is possible. That is why we are going to court to clarify our position on the sale of the club, and we have to win in court, and we will win in court.
"Going into administration needs to be avoided at all costs, as the negative impact would be catastrophic. Setting aside the nine-point deduction, it would have an impact on Liverpool's value and be wide open to predators, whereas we have what we believe is the right new owners to take the club forward."
Better than Corrie this.
“It [administration] could happen, yes,” Broughton said. "This is all part of why it is important that we made the decision on Tuesday to accept one or the other of the two very acceptable bids. Heading for administration was a very likely outcome if we didn't.
"Even now with the court case looming, administration cannot be ruled out. It is not inevitable, and I am not going to start giving percentages of how much it is possible. That is why we are going to court to clarify our position on the sale of the club, and we have to win in court, and we will win in court.
"Going into administration needs to be avoided at all costs, as the negative impact would be catastrophic. Setting aside the nine-point deduction, it would have an impact on Liverpool's value and be wide open to predators, whereas we have what we believe is the right new owners to take the club forward."
Better than Corrie this.
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by dundreamin » Fri Oct 08, 2010 11:58 pm
reg nice post exactly feel the same way. I was taught the Liverpool way when i was 5 or 6 first game was v blackpool THATS IRONY! I ve seen it all. The fantastic highs and the unbearable lows. But as my self boycott of anfield and buying any offical LFC merchandise. It hurts. But like the song goes YNWA. Them lyrics mean the world to me. I will always no matter what support LFC it's basicaly my religion. My dads ashes are scattered on that hallowed ground. And as i come to the 28th anniversary of his death i pray this was never in vain. Dad would of been 70 today.RIP DAD YNWA 
crying now. But going to be brave. We will return my cyber friends. IT'S OUR FATE.
crying now. But going to be brave. We will return my cyber friends. IT'S OUR FATE.- dundreamin
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by LFC2007 » Sat Oct 09, 2010 1:01 am
Back in the summer when Roy was appointed, and on at least one other occasion (questions for the Chairman, LFCTV interview, I think) Broughton said that the "..board have authority over the sale" and that "...the owners are committed to accepting a reasonable sale" - when asked if they could block the sale. I remember thinking to myself back then, and I'm sure I posted my thoughts up here, that those assurances meant that a sale was bound to be completed before the year was out. If Gillett and Hicks (or is just Hicks now, it's hard to tell) were in any doubt as to whether they provided RBS and the board with those undertakings - that they had ceded board authority; that they were committed to a reasonable sale - then they had the best part of three months to clarify that issue, now so crucial to the sale of the club.
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by Reg » Sat Oct 09, 2010 1:45 am
dundreamin wrote:reg nice post exactly feel the same way. I was taught the Liverpool way when i was 5 or 6 first game was v blackpool THATS IRONY! I ve seen it all. The fantastic highs and the unbearable lows. But as my self boycott of anfield and buying any offical LFC merchandise. It hurts. But like the song goes YNWA. Them lyrics mean the world to me. I will always no matter what support LFC it's basicaly my religion. My dads ashes are scattered on that hallowed ground. And as i come to the 28th anniversary of his death i pray this was never in vain. Dad would of been 70 today.RIP DAD YNWA
I feel your pain brother, we come from a similar background, my father taught me the Liverpool way around the same age.
I was in Liverpool last week, on my annual trip home. I didnt go to the Blackpool game whereas I always fit in a game, and I walked round the LFC shop and without spending a penny. Not nice.
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by NANNY RED » Sat Oct 09, 2010 8:04 am
FRIGHTENING READ
Liverpool sale may collapse if nine points are deducted• Administration and points deduction could deter buyers
• Club could face relegation battle if courts deny Broughton
David Conn and Matt Scott The Guardian,
Saturday 9 October 2010 Article
Liverpool would drop to the bottom of the Premier League table if a points deduction was enforced.
The prospective new owners of Liverpool could be discouraged from buying the club if next week's court action fails to force the deal through and the club is then placed into administration, incurring a nine‑point penalty from the Premier League. Sources close to the Liverpool battle said the loss of nine points, which could sink the team into a genuine relegation battle, would mean "the economics of the club are devastated", and New England Sports Ventures might reconsider its position.
It was previously thought that the Premier League would not deduct nine points, its penalty for clubs which go into administration, because the holding company would be in default, not the club. However it emerged yesterday that the league's chief executive, Richard Scudamore, believes that the holding company's administration cannot be entirely separated from the club, and the nine-point penalty would apply.
NESV is not commenting on the Liverpool situation until it is resolved. However, it would be natural, when considering its position, for the consortium to take account of the dramatically changed circumstances Liverpool would be in if the club lost nine points.
The penalty could be imposed next Friday and, with no further Premier League matches having been played, Liverpool would be bottom on minus three points, eight points behind the two clubs immediately above, Wolves and West Ham United, and nine points from safety.
That would be a huge setback for a club still aspiring to be in the top four, not fourth from bottom, making it almost certain, at the very least, that they would not qualify for the Champions League for the second successive season. Financially, that would have a major impact, and relegation a catastrophic one, so new owners might have to contemplate spending more than they planned on new players in January to ensure Premier League survival.
NESV, which owns the Boston Red Sox, has concluded a deal with the Liverpool chairman, Martin Broughton, to buy the club, a takeover which the Premier League approved in principle yesterday. However the consortium, and its majority shareholder, John W Henry, must wait to see whether a high court judge is prepared to declare that Broughton does have the right to sell the club, against the unwavering opposition of the current owners, Tom Hicks and George Gillett, who are fighting to get some money from their exit out of Liverpool.
If Broughton's court action fails, the £237m owed to Royal Bank of Scotland by Hicks's and Gillett's Liverpool holding company, Kop, falls due next Friday, 15 October. Hicks and Gillett, under financial pressure in the US, are expected to fail to pay, and RBS is currently believed likely to put the club into administration, although the scale of the damage that could do to Liverpool might cause the bank to reassess.
"Going into administration needs to be avoided at all costs, as the negative impact would be catastrophic," Broughton said. "Setting aside the nine-point deduction, it would have an impact on Liverpool's value and be wide open to predators, whereas we have what we believe is the right new owners to take the club forward."
The whole prospect of NESV reconsidering its position dramatically increases the importance for Liverpool of Broughton succeeding with next week's court action. He will ask the judge, crucially, to declare that as the chairman, he had the sole right to appoint and remove directors, so keeping his majority on the board, with the managing director Christian Purslow and commercial director Ian Ayre. On Tuesday, Hicks attempted to sack those two and replace them with his son, Mack, and Mack's assistant, Lori Kay McCutcheon.
Broughton will also ask for a declaration that Hicks and Gillett cannot block the deal because of undertakings they gave RBS not to obstruct a "reasonable" sale. Hicks argues the deal, which will pay him and Gillett nothing, "dramatically undervalues" Liverpool, so he is fighting to hold out for another deal offering more money.
If Hicks succeeds, Liverpool are expected to be put into administration on Friday, then for RBS to sell the club to NESV for £200m. Yet that would be up for negotiation, and a nine-point penalty could severely affect the outcome.
Liverpool sale may collapse if nine points are deducted• Administration and points deduction could deter buyers
• Club could face relegation battle if courts deny Broughton
David Conn and Matt Scott The Guardian,
Saturday 9 October 2010 Article
Liverpool would drop to the bottom of the Premier League table if a points deduction was enforced.
The prospective new owners of Liverpool could be discouraged from buying the club if next week's court action fails to force the deal through and the club is then placed into administration, incurring a nine‑point penalty from the Premier League. Sources close to the Liverpool battle said the loss of nine points, which could sink the team into a genuine relegation battle, would mean "the economics of the club are devastated", and New England Sports Ventures might reconsider its position.
It was previously thought that the Premier League would not deduct nine points, its penalty for clubs which go into administration, because the holding company would be in default, not the club. However it emerged yesterday that the league's chief executive, Richard Scudamore, believes that the holding company's administration cannot be entirely separated from the club, and the nine-point penalty would apply.
NESV is not commenting on the Liverpool situation until it is resolved. However, it would be natural, when considering its position, for the consortium to take account of the dramatically changed circumstances Liverpool would be in if the club lost nine points.
The penalty could be imposed next Friday and, with no further Premier League matches having been played, Liverpool would be bottom on minus three points, eight points behind the two clubs immediately above, Wolves and West Ham United, and nine points from safety.
That would be a huge setback for a club still aspiring to be in the top four, not fourth from bottom, making it almost certain, at the very least, that they would not qualify for the Champions League for the second successive season. Financially, that would have a major impact, and relegation a catastrophic one, so new owners might have to contemplate spending more than they planned on new players in January to ensure Premier League survival.
NESV, which owns the Boston Red Sox, has concluded a deal with the Liverpool chairman, Martin Broughton, to buy the club, a takeover which the Premier League approved in principle yesterday. However the consortium, and its majority shareholder, John W Henry, must wait to see whether a high court judge is prepared to declare that Broughton does have the right to sell the club, against the unwavering opposition of the current owners, Tom Hicks and George Gillett, who are fighting to get some money from their exit out of Liverpool.
If Broughton's court action fails, the £237m owed to Royal Bank of Scotland by Hicks's and Gillett's Liverpool holding company, Kop, falls due next Friday, 15 October. Hicks and Gillett, under financial pressure in the US, are expected to fail to pay, and RBS is currently believed likely to put the club into administration, although the scale of the damage that could do to Liverpool might cause the bank to reassess.
"Going into administration needs to be avoided at all costs, as the negative impact would be catastrophic," Broughton said. "Setting aside the nine-point deduction, it would have an impact on Liverpool's value and be wide open to predators, whereas we have what we believe is the right new owners to take the club forward."
The whole prospect of NESV reconsidering its position dramatically increases the importance for Liverpool of Broughton succeeding with next week's court action. He will ask the judge, crucially, to declare that as the chairman, he had the sole right to appoint and remove directors, so keeping his majority on the board, with the managing director Christian Purslow and commercial director Ian Ayre. On Tuesday, Hicks attempted to sack those two and replace them with his son, Mack, and Mack's assistant, Lori Kay McCutcheon.
Broughton will also ask for a declaration that Hicks and Gillett cannot block the deal because of undertakings they gave RBS not to obstruct a "reasonable" sale. Hicks argues the deal, which will pay him and Gillett nothing, "dramatically undervalues" Liverpool, so he is fighting to hold out for another deal offering more money.
If Hicks succeeds, Liverpool are expected to be put into administration on Friday, then for RBS to sell the club to NESV for £200m. Yet that would be up for negotiation, and a nine-point penalty could severely affect the outcome.
HE WHO BETRAYS WILL ALWAYS WALK ALONE
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by Reg » Sat Oct 09, 2010 10:32 am
The press is now actively pro-Broughton and anti-Hicks, adding weight to Broughton's stance there are/were no alternative buyers and those there were, were 'fragile', substantiating the discounted sale price. Great news.
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by bunglemark2 » Sat Oct 09, 2010 10:51 am
Did I not read somewhere that even if the club was put into administration, we wouldn't get a 9 point deduction because the club is profitable and properly run ?
http://s2.tinypic.com/30ldif7_th.jpg
See yooo, Judas. Yoo're gettin' on mah titz !
See yooo, Judas. Yoo're gettin' on mah titz !
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by zarababe » Sat Oct 09, 2010 11:06 am
NANNY RED wrote:FRIGHTENING READ
Liverpool sale may collapse if nine points are deducted• Administration and points deduction could deter buyers
• Club could face relegation battle if courts deny Broughton
David Conn and Matt Scott The Guardian,
Saturday 9 October 2010 Article
Liverpool would drop to the bottom of the Premier League table if a points deduction was enforced.
The prospective new owners of Liverpool could be discouraged from buying the club if next week's court action fails to force the deal through and the club is then placed into administration, incurring a nine‑point penalty from the Premier League. Sources close to the Liverpool battle said the loss of nine points, which could sink the team into a genuine relegation battle, would mean "the economics of the club are devastated", and New England Sports Ventures might reconsider its position.
It was previously thought that the Premier League would not deduct nine points, its penalty for clubs which go into administration, because the holding company would be in default, not the club. However it emerged yesterday that the league's chief executive, Richard Scudamore, believes that the holding company's administration cannot be entirely separated from the club, and the nine-point penalty would apply.
NESV is not commenting on the Liverpool situation until it is resolved. However, it would be natural, when considering its position, for the consortium to take account of the dramatically changed circumstances Liverpool would be in if the club lost nine points.
The penalty could be imposed next Friday and, with no further Premier League matches having been played, Liverpool would be bottom on minus three points, eight points behind the two clubs immediately above, Wolves and West Ham United, and nine points from safety.
That would be a huge setback for a club still aspiring to be in the top four, not fourth from bottom, making it almost certain, at the very least, that they would not qualify for the Champions League for the second successive season. Financially, that would have a major impact, and relegation a catastrophic one, so new owners might have to contemplate spending more than they planned on new players in January to ensure Premier League survival.
NESV, which owns the Boston Red Sox, has concluded a deal with the Liverpool chairman, Martin Broughton, to buy the club, a takeover which the Premier League approved in principle yesterday. However the consortium, and its majority shareholder, John W Henry, must wait to see whether a high court judge is prepared to declare that Broughton does have the right to sell the club, against the unwavering opposition of the current owners, Tom Hicks and George Gillett, who are fighting to get some money from their exit out of Liverpool.
If Broughton's court action fails, the £237m owed to Royal Bank of Scotland by Hicks's and Gillett's Liverpool holding company, Kop, falls due next Friday, 15 October. Hicks and Gillett, under financial pressure in the US, are expected to fail to pay, and RBS is currently believed likely to put the club into administration, although the scale of the damage that could do to Liverpool might cause the bank to reassess.
"Going into administration needs to be avoided at all costs, as the negative impact would be catastrophic," Broughton said. "Setting aside the nine-point deduction, it would have an impact on Liverpool's value and be wide open to predators, whereas we have what we believe is the right new owners to take the club forward."
The whole prospect of NESV reconsidering its position dramatically increases the importance for Liverpool of Broughton succeeding with next week's court action. He will ask the judge, crucially, to declare that as the chairman, he had the sole right to appoint and remove directors, so keeping his majority on the board, with the managing director Christian Purslow and commercial director Ian Ayre. On Tuesday, Hicks attempted to sack those two and replace them with his son, Mack, and Mack's assistant, Lori Kay McCutcheon.
Broughton will also ask for a declaration that Hicks and Gillett cannot block the deal because of undertakings they gave RBS not to obstruct a "reasonable" sale. Hicks argues the deal, which will pay him and Gillett nothing, "dramatically undervalues" Liverpool, so he is fighting to hold out for another deal offering more money.
If Hicks succeeds, Liverpool are expected to be put into administration on Friday, then for RBS to sell the club to NESV for £200m. Yet that would be up for negotiation, and a nine-point penalty could severely affect the outcome.
The possibility of administration has been looming for months, with this deadline approaching - I have to say I have read this article and the bit about losing the prospective new owners, contradicts what the NESV announced, that a 'deduction' would not affect their plans to take-over Liverpool.
Worst case scenario - the club goes in to administration and the value goes down, so RBS negotiate a deal to compensate the potential loss and sell or ...
"Even now with the court case looming, administration cannot be ruled out. It is not inevitable, and I am not going to start giving percentages of how much it is possible. That is why we are going to court to clarify our position on the sale of the club, and we have to win in court, and we will win in court." Broughton.
This is a clear indication of the legal position - so whilst losing can not be ruled out, it seems that the case for the 'declaritaory judgement' is very strong.
I also think the Premier league, who decide the deduction may choose not to award the penalty - similar to west ham a few years ago..
I have faith in Broughton and his men .. lets all pray that the court case - Tuesday 12 October .. is a defining end to this distasteful saga in the meantime much is going to be written about this saga.. but lets stay focused, with our Chairman on winning !
THE BRENDAN REVOLUTION IS UPON US !
KING KENNY.. Always LEGEND !
RAFA.. MADE THE PEOPLE HAPPY !
Miss YOU Phil-Drummer - RIP YNWA
KING KENNY.. Always LEGEND !
RAFA.. MADE THE PEOPLE HAPPY !
Miss YOU Phil-Drummer - RIP YNWA
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by zarababe » Sat Oct 09, 2010 11:11 am
Reg wrote:zarababe wrote:Guess what - emailed him too
--------------------------------
Dear Mr Boardman,
I know you are extremely busy, but I just wanted to let you know, that the prayers, hopes and best wishes of milions of Liverpool Football Club supporters are with you today.
Liverpool Football club lives in the hearts of many millions of people all over the world - we are watching with baited breath and praying that you can finally dispose of the current 'custodians' and help place the cub back in the hands of people who will do the club's stature justice.
Good-luck and may God bless you and your team.
Zara
Guess someone checked your spelling this time 'babe?!
No I bothered to spell check actually as I don't one finger type like some .. any how what do you scallies care about spelling ay.. you posh like me !THE BRENDAN REVOLUTION IS UPON US !
KING KENNY.. Always LEGEND !
RAFA.. MADE THE PEOPLE HAPPY !
Miss YOU Phil-Drummer - RIP YNWA
KING KENNY.. Always LEGEND !
RAFA.. MADE THE PEOPLE HAPPY !
Miss YOU Phil-Drummer - RIP YNWA
-
zarababe - >> LFC Elite Member <<
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by dundreamin » Sat Oct 09, 2010 12:41 pm
Well if we did get a 9 point deduction, we would then see what players have the balls for a fight.It would sort out the men from the boys,every cloud has a silver lining
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by metalhead » Sat Oct 09, 2010 1:38 pm
bunglemark2 wrote:Did I not read somewhere that even if the club was put into administration, we wouldn't get a 9 point deduction because the club is profitable and properly run ?
Yes, but that changed because Liverpool is owned only by Kop Holdings, so if Kop Holdings goes into administration then we are f'cked. West Ham wasn't deducted 9 points because they had multiple companies owning them
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by maypaxvobiscum » Sat Oct 09, 2010 2:03 pm
Broughton explained: "We searched the world looking for another owner like the ones at Chelsea and Manchester City. With all of Liverpool's traditions, heritage, history and powerful global brand, I must admit I thought it would be possible to find one.
"We hoped for someone who wanted a 'trophy asset', but having scoured the world without finding one, the conclusion is that there are no more Romans out there.
"Yes, of course, it is disappointing that even a name like Liverpool failed to attract one, so I cannot imagine other club having much luck."
Link
"We hoped for someone who wanted a 'trophy asset', but having scoured the world without finding one, the conclusion is that there are no more Romans out there.
"Yes, of course, it is disappointing that even a name like Liverpool failed to attract one, so I cannot imagine other club having much luck."
Link
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