Liverpool FC Forum

FSG need to get a new stadium in the pipe line, this is something which should have happened years ago in fairness and it has no doubt stifled our ability to compete financially with other clubs.

Boxscarf » Fri May 04, 2012 12:06 pm wrote:FSG need to get a new stadium in the pipe line, this is something which should have happened years ago in fairness and it has no doubt stifled our ability to compete financially with other clubs.

I think the plan that we're going with is one that was made in 2003....!  9 years ago

Kenny Kan » Fri May 04, 2012 11:50 am wrote:

devaney » Thu May 03, 2012 11:55 pm wrote:Has anybody got a link to the full company accounts

http://dl.dropbox.com/u/6622840/Liverpo ... 202011.pdf

Thanks mate

This kind of fks up my theory that Liverpool were forced to get rid of the Torres money quickly to avoid a substantial tax bill given that once again they have made a massive loss.I naively thought that all the H & G new stadium design expenditure was all part of the massive debts that were cleared with the sale to FSG. Appears that I gave them far more credit than they deserved.What a chronic mess they got themselves into.

jacdaniel » Fri May 04, 2012 7:58 am wrote:I dont know too much about finances but it doesn't sound fantastic.  Sounds like we're still cleaning the mess that H + G left behind.

The thing is that when H + G came, they were supposed to put money where there wasn't money. They came, and the crowd expected players and rap stars, and stadiums.

They only brought more debt.

50M losses in a year, are the total debt of some primera division clubs, so it's difficult to me to see a good shape in the accounts looking at those figures, but I admit my knowledge in business is next to zero. 

Sell Torres again