devaney » Fri Aug 23, 2013 2:58 pm wrote:They actually made a loss of over £50m in their first years trading. That is a meaningful sum of money and a lousy return on an investment of £300m. If they want LFC to be self sustainable then the money isn't going to just magically appear. We could go down the route of massive debt but that also has its obvious problems. You only have to rewind to the days of H & G to recognise what a disaster that can be. We are not owned by a company that has endless amounts of money and anybody expecting Henry to use his own money is being deluded. He worked very hard to achieve his success so why should he watch his personal fortune potentially disappear by investing in a football club.
red till i die!! » Fri Aug 23, 2013 5:18 pm wrote:devaney » Fri Aug 23, 2013 2:58 pm wrote:They actually made a loss of over £50m in their first years trading. That is a meaningful sum of money and a lousy return on an investment of £300m. If they want LFC to be self sustainable then the money isn't going to just magically appear. We could go down the route of massive debt but that also has its obvious problems. You only have to rewind to the days of H & G to recognise what a disaster that can be. We are not owned by a company that has endless amounts of money and anybody expecting Henry to use his own money is being deluded. He worked very hard to achieve his success so why should he watch his personal fortune potentially disappear by investing in a football club.
john henry did not buy us on his own so he was never going to be asked or indeed expected to dip in to his own personal fortune for anything.
fenway sports group are a private company who specialise in sports investment and it was their money that purchased the club. henry might be the major shareholder but there is several others that are apart of that group, ie: werner and lebron james to name 2 and they all are collecting some sort of dividend every year off us. fsg have quite a portfolio built up of sports business and recently purchased a newspaper so i dont know how you can conclude that they have no money.
H&G's model was not sustainable because of the way they did business as in one company lends money to another who in turn lends that to another and then eventually ending up in the clubs coffers. each company increased the lending rate and we ended up getting a loan with silly interest attached. combine that with the leveraged buyout of the club and we were unsustainable. they were useless businessmen and it would never work under them. if they actually paid some of the loans they had rather than continually refinancing they would still be here.
how do we know that they arent charging us interest for the loan to buy the club? what kind of timeframe is in place to recoup that investment ? what kind of salaries are they taking for the odd appearance here and there?. the reason why i mention this is because they could be fleecing us behind the scenes. you seem to think that they are hero's because they somehow saved us from extinction that was never, ever, ever, ever going to happen. i see them as opportunistic vultures who bought a business for much less than it was worth and are looking for maximum return for minimal investment which is great for them but not for us.
at the moment i find it hard not to agree with purslow's comments about them being bottom of the barrel. he also said they wont deliver a stadium and they have already said they will not fund it on their own. in fact one of the first things they did when they took over was scrap the plans that they inherited in the purchase price and heap the cost on to the club. they didnt pay for them but are making us pay twice and probably for a new set as well that might never even see a hole being dug.
this kind of spending they are looking to do i would have no bother with if a stadium was being constructed but it isnt. football is an expensive business and they never should have entered it if they arent willing to invest unless all they want is a quick buck which i hope is what they are looking for.
red till i die!! » Fri Aug 23, 2013 5:18 pm wrote:devaney » Fri Aug 23, 2013 2:58 pm wrote:They actually made a loss of over £50m in their first years trading. That is a meaningful sum of money and a lousy return on an investment of £300m. If they want LFC to be self sustainable then the money isn't going to just magically appear. We could go down the route of massive debt but that also has its obvious problems. You only have to rewind to the days of H & G to recognise what a disaster that can be. We are not owned by a company that has endless amounts of money and anybody expecting Henry to use his own money is being deluded. He worked very hard to achieve his success so why should he watch his personal fortune potentially disappear by investing in a football club.
john henry did not buy us on his own so he was never going to be asked or indeed expected to dip in to his own personal fortune for anything.
fenway sports group are a private company who specialise in sports investment and it was their money that purchased the club. henry might be the major shareholder but there is several others that are apart of that group, ie: werner and lebron james to name 2 and they all are collecting some sort of dividend every year off us. fsg have quite a portfolio built up of sports business and recently purchased a newspaper so i dont know how you can conclude that they have no money.
H&G's model was not sustainable because of the way they did business as in one company lends money to another who in turn lends that to another and then eventually ending up in the clubs coffers. each company increased the lending rate and we ended up getting a loan with silly interest attached. combine that with the leveraged buyout of the club and we were unsustainable. they were useless businessmen and it would never work under them. if they actually paid some of the loans they had rather than continually refinancing they would still be here.
how do we know that they arent charging us interest for the loan to buy the club? what kind of timeframe is in place to recoup that investment ? what kind of salaries are they taking for the odd appearance here and there?. the reason why i mention this is because they could be fleecing us behind the scenes. you seem to think that they are hero's because they somehow saved us from extinction that was never, ever, ever, ever going to happen. i see them as opportunistic vultures who bought a business for much less than it was worth and are looking for maximum return for minimal investment which is great for them but not for us.
at the moment i find it hard not to agree with purslow's comments about them being bottom of the barrel. he also said they wont deliver a stadium and they have already said they will not fund it on their own. in fact one of the first things they did when they took over was scrap the plans that they inherited in the purchase price and heap the cost on to the club. they didnt pay for them but are making us pay twice and probably for a new set as well that might never even see a hole being dug.
this kind of spending they are looking to do i would have no bother with if a stadium was being constructed but it isnt. football is an expensive business and they never should have entered it if they arent willing to invest unless all they want is a quick buck which i hope is what they are looking for.
stmichael » Fri Aug 23, 2013 4:22 pm wrote:Rodgers press conference in full
http://prev.lfc.vn/s14-w02-preview-villa/
devaney » Fri Aug 23, 2013 6:57 pm wrote:red till i die!! » Fri Aug 23, 2013 5:18 pm wrote:devaney » Fri Aug 23, 2013 2:58 pm wrote:They actually made a loss of over £50m in their first years trading. That is a meaningful sum of money and a lousy return on an investment of £300m. If they want LFC to be self sustainable then the money isn't going to just magically appear. We could go down the route of massive debt but that also has its obvious problems. You only have to rewind to the days of H & G to recognise what a disaster that can be. We are not owned by a company that has endless amounts of money and anybody expecting Henry to use his own money is being deluded. He worked very hard to achieve his success so why should he watch his personal fortune potentially disappear by investing in a football club.
john henry did not buy us on his own so he was never going to be asked or indeed expected to dip in to his own personal fortune for anything.
fenway sports group are a private company who specialise in sports investment and it was their money that purchased the club. henry might be the major shareholder but there is several others that are apart of that group, ie: werner and lebron james to name 2 and they all are collecting some sort of dividend every year off us. fsg have quite a portfolio built up of sports business and recently purchased a newspaper so i dont know how you can conclude that they have no money.
H&G's model was not sustainable because of the way they did business as in one company lends money to another who in turn lends that to another and then eventually ending up in the clubs coffers. each company increased the lending rate and we ended up getting a loan with silly interest attached. combine that with the leveraged buyout of the club and we were unsustainable. they were useless businessmen and it would never work under them. if they actually paid some of the loans they had rather than continually refinancing they would still be here.
how do we know that they arent charging us interest for the loan to buy the club? what kind of timeframe is in place to recoup that investment ? what kind of salaries are they taking for the odd appearance here and there?. the reason why i mention this is because they could be fleecing us behind the scenes. you seem to think that they are hero's because they somehow saved us from extinction that was never, ever, ever, ever going to happen. i see them as opportunistic vultures who bought a business for much less than it was worth and are looking for maximum return for minimal investment which is great for them but not for us.
at the moment i find it hard not to agree with purslow's comments about them being bottom of the barrel. he also said they wont deliver a stadium and they have already said they will not fund it on their own. in fact one of the first things they did when they took over was scrap the plans that they inherited in the purchase price and heap the cost on to the club. they didnt pay for them but are making us pay twice and probably for a new set as well that might never even see a hole being dug.
this kind of spending they are looking to do i would have no bother with if a stadium was being constructed but it isnt. football is an expensive business and they never should have entered it if they arent willing to invest unless all they want is a quick buck which i hope is what they are looking for.
Putting a lot of words in my mouth there mate: Where did I say that FSG have no money? H & G's model was unsustainable but to suggest they were useless businessmen is naive. They are both billionaires and that does not happen through being idiots or indeed useless. Horrible fkrs yes - useless I don't think so.
Where is the evidence of FSG being opportunist vultures?
Work is progressing with the stadium so I'm not sure what you are
red till i die!! » Fri Aug 23, 2013 5:18 pm wrote:devaney » Fri Aug 23, 2013 2:58 pm wrote:They actually made a loss of over £50m in their first years trading. That is a meaningful sum of money and a lousy return on an investment of £300m. If they want LFC to be self sustainable then the money isn't going to just magically appear. We could go down the route of massive debt but that also has its obvious problems. You only have to rewind to the days of H & G to recognise what a disaster that can be. We are not owned by a company that has endless amounts of money and anybody expecting Henry to use his own money is being deluded. He worked very hard to achieve his success so why should he watch his personal fortune potentially disappear by investing in a football club.
john henry did not buy us on his own so he was never going to be asked or indeed expected to dip in to his own personal fortune for anything.
fenway sports group are a private company who specialise in sports investment and it was their money that purchased the club. henry might be the major shareholder but there is several others that are apart of that group, ie: werner and lebron james to name 2 and they all are collecting some sort of dividend every year off us. fsg have quite a portfolio built up of sports business and recently purchased a newspaper so i dont know how you can conclude that they have no money.
H&G's model was not sustainable because of the way they did business as in one company lends money to another who in turn lends that to another and then eventually ending up in the clubs coffers. each company increased the lending rate and we ended up getting a loan with silly interest attached. combine that with the leveraged buyout of the club and we were unsustainable. they were useless businessmen and it would never work under them. if they actually paid some of the loans they had rather than continually refinancing they would still be here.
how do we know that they arent charging us interest for the loan to buy the club? what kind of timeframe is in place to recoup that investment ? what kind of salaries are they taking for the odd appearance here and there?. the reason why i mention this is because they could be fleecing us behind the scenes. you seem to think that they are hero's because they somehow saved us from extinction that was never, ever, ever, ever going to happen. i see them as opportunistic vultures who bought a business for much less than it was worth and are looking for maximum return for minimal investment which is great for them but not for us.
at the moment i find it hard not to agree with purslow's comments about them being bottom of the barrel. he also said they wont deliver a stadium and they have already said they will not fund it on their own. in fact one of the first things they did when they took over was scrap the plans that they inherited in the purchase price and heap the cost on to the club. they didnt pay for them but are making us pay twice and probably for a new set as well that might never even see a hole being dug.
this kind of spending they are looking to do i would have no bother with if a stadium was being constructed but it isnt. football is an expensive business and they never should have entered it if they arent willing to invest unless all they want is a quick buck which i hope is what they are looking for.
damjan193 » Fri Aug 23, 2013 7:58 pm wrote:stmichael » Fri Aug 23, 2013 4:22 pm wrote:Rodgers press conference in full
http://prev.lfc.vn/s14-w02-preview-villa/
He looks ill.
red till i die!! » Fri Aug 23, 2013 8:04 pm wrote:devaney » Fri Aug 23, 2013 6:57 pm wrote:red till i die!! » Fri Aug 23, 2013 5:18 pm wrote:
john henry did not buy us on his own so he was never going to be asked or indeed expected to dip in to his own personal fortune for anything.
fenway sports group are a private company who specialise in sports investment and it was their money that purchased the club. henry might be the major shareholder but there is several others that are apart of that group, ie: werner and lebron james to name 2 and they all are collecting some sort of dividend every year off us. fsg have quite a portfolio built up of sports business and recently purchased a newspaper so i dont know how you can conclude that they have no money.
H&G's model was not sustainable because of the way they did business as in one company lends money to another who in turn lends that to another and then eventually ending up in the clubs coffers. each company increased the lending rate and we ended up getting a loan with silly interest attached. combine that with the leveraged buyout of the club and we were unsustainable. they were useless businessmen and it would never work under them. if they actually paid some of the loans they had rather than continually refinancing they would still be here.
how do we know that they arent charging us interest for the loan to buy the club? what kind of timeframe is in place to recoup that investment ? what kind of salaries are they taking for the odd appearance here and there?. the reason why i mention this is because they could be fleecing us behind the scenes. you seem to think that they are hero's because they somehow saved us from extinction that was never, ever, ever, ever going to happen. i see them as opportunistic vultures who bought a business for much less than it was worth and are looking for maximum return for minimal investment which is great for them but not for us.
at the moment i find it hard not to agree with purslow's comments about them being bottom of the barrel. he also said they wont deliver a stadium and they have already said they will not fund it on their own. in fact one of the first things they did when they took over was scrap the plans that they inherited in the purchase price and heap the cost on to the club. they didnt pay for them but are making us pay twice and probably for a new set as well that might never even see a hole being dug.
this kind of spending they are looking to do i would have no bother with if a stadium was being constructed but it isnt. football is an expensive business and they never should have entered it if they arent willing to invest unless all they want is a quick buck which i hope is what they are looking for.
Putting a lot of words in my mouth there mate: Where did I say that FSG have no money? H & G's model was unsustainable but to suggest they were useless businessmen is naive. They are both billionaires and that does not happen through being idiots or indeed useless. Horrible fkrs yes - useless I don't think so.
Where is the evidence of FSG being opportunist vultures?
Work is progressing with the stadium so I'm not sure what you are
i misread that quote in your post and my apologies for it.
h&G were clueless to think that they could carry on the way they were and thats where the reference to useless businessmen came from, they got the club taken off them because they had no money to pay the loans, they couldnt even meet the costs of the lawsuit that they filed to stop the club being taken off them. their wealth is measured in assets, not cash and when it came to it they hadnt even got the price between them of a lawsuit. oh and george gillette was never a billionaire.
the evidence of them being opportunistic vultures is that they got into a new market with a leading brand for a steal despite not being the best offer, they want to self sustain the club so they dont have to put any money in and that to me is the behaviour befitting of a vulture or if you prefer then a leech. would they have bought us at £500mil ? or even any other premier league club ? no they seen that rbs was getting impatient and thus began circling.
what work is progressing with the stadium then ? talks more talks and more scheduled talks to come. have they hired a contractor yet ? have they put it out to tender ? have they aquired the necessary properties yet ?what exactly is it that they have done except talk ? they havent even lodged an application yet ffs
what do you mean your not sure what i am ?
are you reverting to type and labelling me an opposition fan now ?
SouthCoastShankly » Fri Aug 23, 2013 8:16 am wrote:eds » Fri Aug 23, 2013 6:49 am wrote:"It’s disappointing because this was a player who would have been perfect for us"
This quote alone should be the ice cold shower the delusion squad on this forum need to have.
If he is perfect for us, there should be NO ifs or buts stopping us from buying them.![]()
It was the owners themselves saying if the right player was available they would do everything to sign them.
Actions speak louder than words.
So because he is a perfect fit it means money should not be an object?
You surely realise how stupid you sound right?
Also quite frankly a player who agrees personal terms and passes a medical, only to decide he is considering his options as soon as Chelsea come in is NOT the type of mercenary Liverpool FC want.
We have always been about signing players who WANT to play for us.
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