Liverpool FC Forum

by **Paul C** » Mon Dec 20, 2004 1:31 pm

Apparently we only get £1m to progress to the next round, well according to CGGY

by **The_Rock** » Mon Dec 20, 2004 1:36 pm

If morgan is gonna invest, it will be all over the net, but can't find any rite now......

Should wait and see...

by **Redrider** » Mon Dec 20, 2004 2:07 pm

Agreed, The Sunday Mirror is not exactly the most reliable source of news in the UK. Having said that, which newspapers can be taken as gospel. However, there are three significant quotes attributable to Parry :

''Liverpool chief executive Rick Parry said: "We want to sort it out as soon as we can because what we're looking for going forward is some certainty and stability. What we don't want is continuing uncertainty and speculation. It's urgent to get it right.

"The period for trawling around is coming to an end. It has been fairly widely publicised over the course of nine months that we're looking for investment.

"You could go on looking for the right investor to magically appear. I think you go with those who appear - and probably they would have appeared by now."

Those three quotations all fit with the current situation, Morgan has carried out all his Legal and Financial checks and established his funding arrangements etc. Unless the L4 group have undertaken an amazing catch-up it is unlikely that they can meet the urgency expressed by Parry.
The Thai's do not appear to be in the frame any more, so the favourite looks to be Morgan.

by **The_Rock** » Mon Dec 20, 2004 2:11 pm

Well i prefer L4's bid to steve morgan. He is only worth 300 million. Compare that with roman.

by **gabbyh** » Mon Dec 20, 2004 4:34 pm

I would love L4's bid to win. Yanks love value for money. 50K a week? Sorry sonny, you gonna have to earn it and be a real professional!

by **Redrider** » Mon Dec 20, 2004 5:24 pm

azriahmad wrote:Whomever takes a large stake in the club, the executive management must be restructured because let's not forget that it is under the management of Moores asn the Chairman, and Parry as the Chief Executive (who knows the intimate day to day details of the club's affairs) who are presiding when we made that record loss, bought the bogus and expensive but useless players, gave Houllier their support for the transfers, gave Houllier and his assistants the lucrative contract extension and when the pressure from the fans became too much, turned around and sacked him but still cost the club some 10 million in compensation payments.

The key to our current problems. Add to that the loss of Micheal Owen for a pittance and the almost loss of Steven Gerrard.
The only things our current management have going for them is their adherence to tradition/values for the good name of the club and the fact that they finally had the bottle to go for Rafa.

by **redirish** » Mon Dec 20, 2004 5:39 pm

Good point redrider,How much money in real therms is morgan worth?

?

by **Redrider** » Mon Dec 20, 2004 5:55 pm

£300m they say.
But the deal with Liverpool is that he will purchase Moores share for circa £35m and underwrite a new share rights issue for another £35m which the current shareholders can buy into. But they will more likely be purchased by the man himself as the others may not have the cash. Granada are the other big share holder and they are not too keen on Footie at the moment, they may not take up their option.
All in all this will put circa £35m of new money into the club, to be split between player purchases and the new Stadium.

by **Ade** » Mon Dec 20, 2004 10:28 pm

L4 may well have more money, and they may be able to bankroll more immediate investment in players, but it still comes down to ownership of the club. What sets Liverpool apart from almost any other club is our sense of identity, about who we are, where we've come from, what we represent on and off the field. Personally, I'm not touting Morgan as the saviour, but if - as it seems clear - Moores is on the verge of selling up, Morgan would appear to care more about the club than the L4 group.

Look how quickly Houllier spunked tens of millions on a squad that stalled two years ago. I'd much rather have Morgan's 35million and spend it wisely, keep a brit owner who's a genuine fan, than get 100m in from an American group with no genuine ties to the club.

by **Woollyback** » Mon Dec 20, 2004 10:35 pm

Ade wrote:L4 may well have more money, and they may be able to bankroll more immediate investment in players, but it still comes down to ownership of the club. What sets Liverpool apart from almost any other club is our sense of identity, about who we are, where we've come from, what we represent on and off the field. Personally, I'm not touting Morgan as the saviour, but if - as it seems clear - Moores is on the verge of selling up, Morgan would appear to care more about the club than the L4 group.

Look how quickly Houllier spunked tens of millions on a squad that stalled two years ago. I'd much rather have Morgan's 35million and spend it wisely, keep a brit owner who's a genuine fan, than get 100m in from an American group with no genuine ties to the club.

Agree Ade

Not 100% sure on Morgan, he sounds a bit brash and larger than life (and with a gobby Mrs by the sounds of it) but you can't question his "red-ness"

by **kazza** » Tue Dec 21, 2004 12:15 am

gabbyh wrote:I would love L4's bid to win. Yanks love value for money. 50K a week? Sorry sonny, you gonna have to earn it and be a real professional!

Not quite sure about that. I lived in the States for a while and their professional sportsman are just like the rest. Fat contracts and not necessarily fat performance.

by **kazza** » Tue Dec 21, 2004 12:19 am

Paul C wrote:Apparently we only get £1m to progress to the next round, well according to CGGY

What I read was we get 5 million from the TV rights, and a percentage of the gate (the article said that were we to play one of the big Italian clubs, that would have been an exra 5 mil. So Bayer must be woth half that which means we make around 7.5 million)

*****************

STEVIE’S SCREAMER WAS A GOAL IN ?10 MILLION
Daily Mirror. 10th December 2004
STEVEN Gerrard’s superb Champions League winner was a one in 10 million strike for Liverpool.

The Anfield skipper’s last-gasp screamer not only set the stadium alight and sent the Merseysiders through to the knockout phase of the competition.

It also guaranteed Liverpool at least another ?10m in prize money and TV bonuses - and that could change the whole future of the club.

Gerrard himself recognises just how important the goal is, and not just because it ensures that he will remain at Anfield until at least the end of the season.

After piling up debts of ?22m last year, Liverpool were desperately short of cash to buy much-needed new players in the January transfer window.

But after reaching the last 16, the Reds have earned at least another ?10m that they have not budgeted for. That can immediately be ploughed into new signings.

Qualifying from their group earns Liverpool an extra ?5.5m in prize money.

They also get a share of gate receipts for the two-legged tie which comes next, and with three Italian giants in the draw, it is likely to be against high-profile, big-money opposition.

Most importantly, though, Liverpool also get to share out revenue from the vastly lucrative Market Pool, which is based on the proportional values of different TV markets, to which England contributes the most.

The consequences are massive for Anfield and not just because it means extra cash to invest on new players.

It also gives them a real chance of hanging on to Gerrard who insisted earlier in the week that he will be forced to move on unless Liverpool become genuine trophy contenders.

His goal four minutes from time against Olympiakos could become one of the most pivotal in the club’s history.

'It’s one of the most important goals I’ve ever scored,' admitted Gerrard. 'And I hope it turns out to be one of the most important for the club for a long time, especially in terms of what it means financially.

'I said before the game the team and the club is what’s important. We have to build on wins like this, not just settle for a great win and then not progress any further.

'I can’t lie and hide my feelings. I want to be in a Liverpool side which is challenging for the title and Champions League all the time. Everyone wants that - I’m just like the fans who want that more than anyone. Let’s hope we are in a position now where we can go on towards that.'

Gerrard has pledged to stay until the end of the season to try and help turn things around at the club, but his goal could mean he stays longer.

Benitez will now be offered ?10m to spend in the transfer window, and told to bring in new faces who can turn Liverpool into genuine contenders.

But it also means that the club becomes a more attractive investment proposition, now that they are still in the Champions League into the new year. Speculation is mounting that local businessman Steve Morgan has finally made an offer to buy into the club that the board is prepared to accept.

If Morgan does get his wish to join the Anfield board, then he will pump upwards of ?30m directly into the coffers, to fund a spending spree and also to help finance the construction of a new stadium.

Morgan is due to have more talks with the club within the next few days, and if an agreement is reached, he could invest heavily before the transfer window closes at the end of January.

by **Redrider** » Tue Dec 21, 2004 11:39 am

kazza, good article, which pretty well sums up what it is all about interms of earnings for the club.
The article clearly shows that there is more to be made by success on the pitch than there is by building a new Stadium for the additional seats.
This reinforces my view that all available new finance should go into the team. Let's hope Rafa has some wise buy's up his sleeve.

by **The_Rock** » Tue Dec 21, 2004 2:00 pm

well steve morgan is out..... Looks like L4 has an open goal now.

http://icliverpool.icnetwork.co.uk/0500liv....ge.html

Morgan: I've had enough Dec 21 2004

By John Thompson and Chris Bascombe, Liverpool Echo

STEVE MORGAN today withdrew his £70m investment offer to Liverpool, insisting he has had enough of the saga.

The Redrow Homes founder and lifelong Liverpool fan pulled out, insisting club bosses have failed to make a decision on his latest proposals following more than two months of discussions.

But Liverpool chief executive Rick Parry has responded by insisting the club has made progress in its attempts to attract multi-million pound investment to Anfield.

Today's developments mark the end of an eight month period in which Morgan has been trying to plough money into Liverpool in return for either a seat on the board or control in place of current chairman David Moores.

In all, the Liverpool born ex-builder has submitted four separate offers.

Following the AGM this month when directors said they were in discussions with other potential investors, Morgan gave them until the end of last week to accept or reject his offer.

Morgan's lawyer Vincent Fairclough said today: "Steve has finally lost patience with the Liverpool board using his offer as a stop gap while they scour the world looking for a better one. He is no longer prepared to be used as a stalking horse."

"Although Mr Morgan's earlier offers were to invest all £70m directly into the club this was not acceptable to the chairman.

"Both his latest offers were changed at the request of the club's directors to be split so that £35m went directly into the club and £35m was used to purchase existing shares, with Mr David Moores receiving the lion's share.

"At the AGM, chairman David Moores said it was 'maybe time' to accept the offer. However, he and the Liverpool board have since failed to respond, either positively or negatively."

Fairclough added: "Steve has had enough. He has other things to do with his life."

Liverpool chief executive Parry today denied the club was using Morgan as a 'stalking horse'.

"I We've received a potentially exciting expression of interest which may or may not lead to a firm proposal. We feel duty bound to explore this fully. We made it clear this interest came late in the day.

"While no-one wants this to drag on we feel we have to consider all options in a considered way.

"But while there are other options, it's up to us to explore them."

by **The_Rock** » Tue Dec 21, 2004 2:02 pm

Another news.

http://www.koptalk.org/forums....1

Morgan withdraws Liverpool bid

Reports are coming in that claim building magnate Steve Morgan, Liverpool's third-largest shareholder, has withdrawn from the race to invest into the club.

The self-made millionaire, with an estimated personal wealth of £300million, had numerous bids rejected by the Anfield board and his latest offer, his fourth, has now been withdrawn.

This leaves the L4 group which has Liverpool legend Kenny Dalglish on board, in pole position. They have tabled a bid which is now under consideration by the board and things are moving slowly albeit postively from their point of view but as we know, football is a funny old game and where money is involved, anything can happen.

Expect more on this as the day progresses. It's unlikely that Morgan will just walk away without having his say and who can blame him.

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