Liverpool FC Forum

by **banana** » Fri Dec 03, 2004 12:17 am

Rick Parry and David Moores were under heavy fire today. The shareholders were very angry with them. The astonishing £ 10,7 million pound payoff to former managment made people raise their voices. Also the many failed transfers, the Christian Ziege transfer saga, and the stadium issue got a lot of attention. Steve Morgan criticised the board and there were hefty discussions over the failed Thai takeover attempt and Steve Morgan's bid. Not many happy faces around.

by **JBG** » Fri Dec 03, 2004 12:19 am

To be honest, I don't know a whole lot about Steve Morgan, other than the two bit media coverage of him over the last year.

I don't know how bona fide he is, what his real plans are for the club, what exactly he wants to do with the stadium etc.

I'm also suspicious about the other investors, especially the "Hollywood Producers" but I think that its not a mere coincidence that in Moores' reign at the top we have made a number of serious mistakes and errors in judgement which has seen us fall from the pinacle of the English game (1990) to a distant 4th (give or take a few seasons here and there). I think that change is required, but as I said in an earlier post, it shouldn't be change for the sake of change, and whats the point in replacing a well meaning but a bit behind the times Moores with some fool who could completely ruin the club?

Morgan, as Leon said, is not necessarily the answer, but I don't know much about Morgan and if he does take over, I think I would be as much in the dark about what he's going to do as any punter.

by **Leonmc0708** » Fri Dec 03, 2004 12:20 am

Is that not why you have a board? If you go into a board room and everyone agreed and no new ideas and questions where being raised, then that is time for worry.

The main reason for raised voices is the passion for the club that all the board members feel. When the team loses, it hurts me, and it also hurts the board. Good news.

I am not saying that Moores and Parry have never made a mistake, just that the alternatives at this present time look like the worse option.

by **JBG** » Fri Dec 03, 2004 12:42 am

Under pressure

by **Redrider** » Fri Dec 03, 2004 12:46 am

I have long suspected thta Morgan has been brewing a bid. The critical issue will be what roles do Moores and Parry have, if a bid from Morgan becomes a reality.
Moores and Parry stand for tradition and family values, Morgan will wish to move the club in a dynamic way into the current high finance, big roller era of TV funded, player power football.
For me we need both, I hope Morgan is sucessfull and that he retains Moores in a non-exec Chairman Role, gives Parry a kick up the ar$e but keeps him as a General Manager.
Morgan will not be bad for the club, he is a lifelong Red, who has made good from Housebuilding. Yes he is a businessman who wishes to make money, and no doubt will from LFC, but he will take us forward into the 21st century and provide the perfect partner/foil for Rafa.
If it comes off it will be an excellent move.

by **LFC #1** » Fri Dec 03, 2004 1:09 am

Looks like Paryy could be beacked into a bit of a corner here by reading those articles on the first page.

As Leon said hopefully the pressure that Morgan is applying on Moores doesn't end up in a rash decision.

by **The Canadian Red Army** » Fri Dec 03, 2004 1:46 am

John Barnes' Granny wrote:It looks like Morgan is becoming a major player once more.

BTW, I hear Morgan is worth 350m. However, does he lead a consortium who will front some of the money or does it all come from his own pocket? Buying a controlling interest in Liverpool, providing the manager with some hard cash to spend and putting a decent financial plan for the stadium in place would cost at least 100 to 150million in the short to medium term. I think I have heard that some of Morgan's investment money comes from other parties.

world bank
thats where some money would come from

by **A.B.** » Fri Dec 03, 2004 2:22 am

I don't know much about this situation anyone mind telling me more about this? Morgan taking over LFC, would that be a good or a bad thing?

by **Santa** » Fri Dec 03, 2004 9:24 am

You have to say their (Parry and Moores) handling of Houllier and Owen's saga (among other things) leave a lot to be desired. We have constantly under-performed, both on the field and off the field. Succesive bad transfer activities have cost us big time. To catch up the lost time (and Abrahmovic's millions) we need new source of fundings, something which Moores can no longer offer. So for the good of the club's future, he must agree to take a back sit in order to get us the fresh capital. (I do not know Morgan's history to form an opinion whether he is good for the club)

OTOH, the payment to Houllier and his cronies (I know it is heavy word but I am piss3d at rewarding under performers) to the rediculous tune of £11M (WTF are they thinking? We should dock Houllier's pay for bad management instead of giving him a tidy persion fund and we know fans are the one who will eventually pay for this!)...anyone got the breakdown of this sum? What a farce...what a costly mistake. The board's handling of Owen's saga was another big let down...no way should the club bend over backwards for one player who intend to hold the club to ransom. The club's survival and well-being is more important than ANY one player and it's time we start acting like an ambitious club instead of hoping to be one. Appointment of Rafa is obviously a first positive step.

Note: opinions might differ but I loved this club that I have been supporting for over 30 years now. To see the club under-performing is bad enough, to see them being taken for a ride by players and managers who don't perform is just too much for me to bear. (Listen good Mr El-Hadji Diouf and Mr Harry Kewell :angry:

) Just needed to vent my anger...

by **Ciggy** » Fri Dec 03, 2004 9:49 am

Morgan is not against ground sharing with everton that would be a distruction :angry:

.
That horrible slimey b@stard kenwright on telly the other day I wanted to smash that smarmy gets face in I hate him :angry:

.
We dont want everton sharing and they dont wana share with us.
So if this is the case if he takes over we are f@cked big time.
We need the cash for new players and new ground but what we dont want is someone who takes over and destroys our great club.
Imagine if we go through a bad patch and they sacked rafa or what ever it would be devastating or sold Gerrard.
We would go mental.
Im not all up on sums and figures but you dont have to be a genius to know that someone being forced out the club after 50 years of family traditions isnt good for both LFC or the fans.
Parry and Moores f@cked up big time with Houllier and some of his players, but at the same time we would have been on there backs had he not been given any transfer funds atall.
We need an investment that suits everyone not just big licks who want to make a quick buck or two.

by **Ciggy** » Fri Dec 03, 2004 10:03 am

From the mirror

MOORES QUIT THREAT TO LIVERPOOL MOORES QUIT THREAT

DAVID MOORES will consider quitting as chairman of Liverpool after breaking down during an emotional annual general meeting last night.

And that would finally pave the way for building tycoon Steve Morgan to complete a £70million takeover.

A tearful Moores - who described the last twelve months at the helm of the club as a living hell - came close to resigning on the spot during the stormy gathering of shareholders.

He was stopped in mid-sentence by a prod in the ribs from chief executive Rick Parry, as he appeared about to say that it was time to step down.

Instead, Moores offered to seriously consider his position at the end of the meeting, after declaring he could not take on the financial clout commanded by Morgan.

The former boss of Redrow Homes has had four bids rejected, although negotiations are still going on.

"I love the club," said Moores. "I don't know, I've tried my best but I can't compete with Mr Morgan's millions.

"I will have to decide to do. I'll have to come to some sort of decision at the end of the meeting.

"It's been quite unbearable. I've not slept, it has hurt me and it has hurt my family, it has been a very difficult time."

by **112-1077774096** » Fri Dec 03, 2004 10:18 am

The Canadian Red Army wrote:
John Barnes' Granny wrote:It looks like Morgan is becoming a major player once more.

BTW, I hear Morgan is worth 350m. However, does he lead a consortium who will front some of the money or does it all come from his own pocket? Buying a controlling interest in Liverpool, providing the manager with some hard cash to spend and putting a decent financial plan for the stadium in place would cost at least 100 to 150million in the short to medium term. I think I have heard that some of Morgan's investment money comes from other parties.

world bank
thats where some money would come from

do you actually know what the world bank does?

by **Ciggy** » Fri Dec 03, 2004 10:23 am

This is some scary sh.it this is the future of our club I cant even bare to think about sharing with them bluenoses .
They want 50-50 share in the club theres noway on this earth noway :angry:

Let them get there own bleedin stadium.
It will be heartbreaking enough leaving our anfield memories behind without getting a new stadium with that load of sh.ite :angry:

.
Grrrrrrrrrrrrrr imagine kenwright at our club :angry:

Morgan cannot take over if he has plans of us sharing with them. :angry:

by **parchpea** » Fri Dec 03, 2004 10:34 am

Well where do we go from here. Moores has now admitted that he does not has the finance to move the club forward as we wish. Thats why they are looking for investment. We can stick with this guy who we know so well but its likely we will stand still as a club. I do not think anyone would want to see out stadium plans canned and we will all be on here complaining when we can no longer compete for the best players. Thing is that Liverpool fans are fiercely loyal more than any others. We hate to see too much change. Other clubs see people moving in and out at board level but we do not. Its a close knit club. But we have reached a point where Moores can longer finance the club enough to compete seriously at the top end of the premiership. He knows this and Ive no doubt he will give it up once the right investors are found.

by **JBG** » Fri Dec 03, 2004 10:36 am

peewee wrote:
The Canadian Red Army wrote:
John Barnes' Granny wrote:It looks like Morgan is becoming a major player once more.

BTW, I hear Morgan is worth 350m. However, does he lead a consortium who will front some of the money or does it all come from his own pocket? Buying a controlling interest in Liverpool, providing the manager with some hard cash to spend and putting a decent financial plan for the stadium in place would cost at least 100 to 150million in the short to medium term. I think I have heard that some of Morgan's investment money comes from other parties.

world bank
thats where some money would come from

do you actually know what the world bank does?

Yeah, peewee, I might nip down to the World Bank this afternoon to get a new car loan.

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