Liverpool FC Forum

maguskwt » Tue Jan 28, 2014 1:37 pm wrote:ote="Rush Job » Tue Jan 28, 2014 1:18 pm"]Salah is a great player for that price. we have players in that 10m bracket impacting the team. He would have been another one. 30m targets normally want cl footy and a huge wage. We are still building, just at the moment with invisible bricks.

ycsatbjywtbiastkamb » Tue Jan 28, 2014 3:06 pm wrote:I don't know if mourinho is just putting his oar in to wind us up but he has been saying that they can't believe how good Salah is in training, apparently he is lightening fast and so skillful that the Chelsea defenders are struggling to get anywhere near him.
He reckons by selling mata and bringing in Salah Chelsea have upgraded. 

parchpea » Tue Jan 28, 2014 12:16 am wrote:We have bought players but only 'squad fillers' for the most part and what we need, and Rodgers wants, are top class footballers
that we can put in the first 11 to try and get us top 4.

Youth system at Liverpool is bang on and nobody has an issue buying players that are slightly ahead of that with potential but
quite often you have to throw a lot of money in and this is where FSG have lost their bottle.

They seem like decent people but their first love is baseball and they attend half a dozen Liverpool games a year maximum, and
we cannot go on thanking them forever for getting us out of a hole.

Rodgers is a good manager and has put us in brilliant position and no doubt expected backing in this window, but Salah has slipped
away through sheer greed, lowballing and p*ssing about over a top class young player, and naturally he has been snapped up by
a club willing and able to invest.

Mourhino is almost using his former apprentice as a trusted scout now and buying players he identifies. That is how good Rodgers is.

Rush Job » Tue Jan 28, 2014 2:18 pm wrote:

maguskwt » Tue Jan 28, 2014 1:37 pm wrote:ote="Rush Job » Tue Jan 28, 2014 1:18 pm"]Salah is a great player for that price. we have players in that 10m bracket impacting the team. He would have been another one. 30m targets normally want cl footy and a huge wage. We are still building, just at the moment with invisible bricks.

We are talking about another game changer which we need to replace Gerrard. And game changers do not usually come in 10 million bracket. We were extremely lucky with sturridge and Coutinho.

ycsatbjywtbiastkamb » Tue Mar 04, 2014 3:01 pm wrote:The BBC and the Guardian etc aren't quite reporting it like that, they just say that we've posted a £50m loss, some people are even saying we could fall foul of the FFP rules.

Liverpool remain confident of achieving their objective of adhering to Uefa’s Financial Fair Play (FFP) rules despite recording annual losses of almost £50 million as the implications of their ongoing absence from the Champions League and the legacy of Tom Hicks and George Gillett Jr, the club’s previous owners, continues to bite.

In the last two financial years, Liverpool have posted losses totalling £90 million during a period in which, under FFP, owners are allowed to absorb aggregate losses of £37.2 million for 2011-12 and 2012-13. From 2015-16, the maximum permitted loss over three seasons - as opposed to two - will fall to £25 million and will be reduced further from 2018-19.

As is the case with all other member clubs, Liverpool are permitted to offset costs from youth development, infrastructure, community projects and the wages of any player signed before July 2010 against their losses. That could potentially allow them to comply with FFP requirements and with several lucrative commercial deals signed in the last 18 months, adherence is not expected to be an issue when Liverpool’s next set of accounts are published next year.

One of the primary causes of Liverpool’s latest losses was player transfers and the need for them to write down the contracts of a number of players. Around £50 million was spent on signings with only £8 million recouped, while Joe Cole and Alberto Aquilani both received a seven figure sum as a payout to leave Anfield.

The sense that Liverpool are emerging from the precipice of financial meltdown is supported by their bank debts being reduced by £19.9 million and turnover exceeding £200 million for the first time, with the figures relating to the 12-month period to May 31 last year. The annual report also showed that the club’s financial position has been bolstered by an inter-company interest-free loan of £46.8 million from Fenway Sports Group (FSG), the owner.

That collateral was injected by FSG to pay off debts relating to past failed stadium projects under Hicks and Gillett. The club are now expected to submit a planning application to redevelop Anfield in the coming months.

The absence of Champions League revenue was once again apparent in Liverpool’s accounts but despite having access to that lucrative income source, Ian Ayre, the managing director, believes the club are in good financial health and expects further improvements in the near future as the impact of recent commercial deals becomes apparent.

“These results demonstrate that the financial health of the club continues to make good progress as we continue our journey to transform the club on and off the pitch,” Ayre said.

“Over the past four or five years, revenue has been consistently increasing from around £170 million in 2009 to over £200 million today - and external debt has decreased significantly to less than £50 million.

“With a hugely supportive ownership group, we have taken a measured approach to bring back financial stability to this great club by ensuring it is properly structured on and off the pitch. These financial results are now up to 18 months old and we have continued to make further progress since this reporting period.

“Our strong links remain with our existing partners signing new deals with Standard Chartered, Garuda and Carlsberg, and we have recently announced five new partnerships which endorses the global appeal of the LFC brand.

“We continue to invest in our digital and TV platforms and recently announced nine new television partnerships allowing millions of fans across the world to watch Liverpool games and receive exclusive content.

“We have also seen good progress being made regarding a proposed stadium expansion at Anfield. Any final decision continues to be based on certainty. However since the partnership was established between Liverpool City Council, Your Housing Group and LFC only 16 months ago, we regard the progress as extremely positive.

“Given where Liverpool Football Club was only a few years ago, the progress that has been made since FSG acquired the club has brought back much needed stability with an ambitious vision which everyone is focused on.”

Key points
- Annual loss of £49.8m (£40.5m in previous accounts which covered a shorter, ten month period)
- Turnover up to £206.1m (£169m in previous accounts)
- Net bank debt down by £19.9m to £45.1 m (£65m in previous accounts)
- Commercial revenues up to £97.7m (£63.9m in previous accounts)
- Media revenues of £63.8 million (£62.8m in previous accounts)
- Administrative expenses at £213.1million (£176.5m in previous accounts)
- Interest payments £4.5 million (£3.7m in previous accounts)
- Players net book value £121.8m (£110.5m previous accounts)
- Interest free intercompany loan (via FSG) of £46.8 million to Liverpool.