Liverpool FC Forum

by **account deleted by request** » Tue Jan 22, 2008 6:05 pm

metalhead wrote:
s@int wrote:Meanwhile back in the real world....... does the fact that the markets have crashed offset the fact that loan rates have come down? Does it make it more likely or less likely that H&G will get their loans ?

if central banks decides that interests should go down mate it would be easier for the clowns to pay back the loan because cost of borrowing is going down, so basically they can pay their loan back yes

This subprime loan thing is causing loads of chaos at the moment

Fed slashes rates in shock move

Fed chairman Ben Bernanke is aiming to shore up confidence
The US Federal Reserve has cut interest rates to 3.5%, a shock three-quarters of a percentage point reduction.
Aimed at staving off a US recession, the move failed to calm investors, with shares continuing to fall sharply as Wall Street opened for Tuesday trading.

BBC
LINK

by **metalhead** » Tue Jan 22, 2008 6:09 pm

s@int wrote:
metalhead wrote:
s@int wrote:Meanwhile back in the real world....... does the fact that the markets have crashed offset the fact that loan rates have come down? Does it make it more likely or less likely that H&G will get their loans ?

if central banks decides that interests should go down mate it would be easier for the clowns to pay back the loan because cost of borrowing is going down, so basically they can pay their loan back yes

This subprime loan thing is causing loads of chaos at the moment

Fed slashes rates in shock move

Fed chairman Ben Bernanke is aiming to shore up confidence
The US Federal Reserve has cut interest rates to 3.5%, a shock three-quarters of a percentage point reduction.
Aimed at staving off a US recession, the move failed to calm investors, with shares continuing to fall sharply as Wall Street opened for Tuesday trading.

BBC
LINK

Well the fed never ceases to surprise me (being sarcastic

)

Its expected for them to lower the interest rates so people can pay off their loans. However, it would weaken the dollar against other currencies.

I just read that the international market is on the verge of collapsing. its time for DIC to fix the market up

by **Ciggy** » Tue Jan 22, 2008 6:11 pm

Apparently the loans have been approved just waiting for the signatures.

But Gillett is very reluctant on signing them.

Also from Oliver Kay

Although they have held informal negotiations with DIC through a third party, they have no intention of selling unless they make a profit on their initial £234 million investment. They have already informed their bank that a proposed £300 million offer from DIC will be rejected out of hand.

Greedy b@stards.

by **Ciggy** » Tue Jan 22, 2008 6:13 pm

Big Niall are you ok with this mans intentions?

I love the way he has said this in America and didnt think we would find out.

Tom Hicks has alleviated fans of his teams - no, not fans of Liverpool - fans of MLB's Texas Rangers and NHL's Dallas Stars - by assuring them that money made at the English club will be funneled into the U.S. franchises.

Oh yeah, this will go over well.

There are already concerns about how much money Hicks even has to spend on the Merseyside club - and now we're learning of a video from six months ago where Hicks stated that if he makes any money in England, he'll spend it on his teams in America.

People are worried that I might take money away from the Rangers to go to Liverpool. But it is just the reverse. Liverpool is going to throw off lots of extra money which, if I choose to, I can use for the Rangers or the Stars.

by **puroresu** » Tue Jan 22, 2008 6:15 pm

metalhead wrote:
s@int wrote:Meanwhile back in the real world....... does the fact that the markets have crashed offset the fact that loan rates have come down? Does it make it more likely or less likely that H&G will get their loans ?

if central banks decides that interests should go down mate it would be easier for the clowns to pay back the loan because cost of borrowing is going down, so basically they can pay their loan back yes

This subprime loan thing is causing loads of chaos at the moment

Yep that crisis has caused all sorts of damage. Nothing will ever change though while the economic system stays the same.

by **account deleted by request** » Tue Jan 22, 2008 6:15 pm

metalhead wrote:
s@int wrote:
metalhead wrote:
s@int wrote:Meanwhile back in the real world....... does the fact that the markets have crashed offset the fact that loan rates have come down? Does it make it more likely or less likely that H&G will get their loans ?

if central banks decides that interests should go down mate it would be easier for the clowns to pay back the loan because cost of borrowing is going down, so basically they can pay their loan back yes

This subprime loan thing is causing loads of chaos at the moment

Fed slashes rates in shock move

Fed chairman Ben Bernanke is aiming to shore up confidence
The US Federal Reserve has cut interest rates to 3.5%, a shock three-quarters of a percentage point reduction.
Aimed at staving off a US recession, the move failed to calm investors, with shares continuing to fall sharply as Wall Street opened for Tuesday trading.

BBC
LINK

Well the fed never ceases to surprise me (being sarcastic )

Its expected for them to lower the interest rates so people can pay off their loans. However, it would weaken the dollar against other currencies.

I just read that the international market is on the verge of collapsing. its time for DIC to fix the market up

So this in turn would make LFC an even more attractive proposition for H&G as our earnings are in £ sterling rather than $.

by **account deleted by request** » Tue Jan 22, 2008 6:20 pm

Ciggy wrote:Apparently the loans have been approved just waiting for the signatures.

But Gillett is very reluctant on signing them.

Also from Oliver Kay

Although they have held informal negotiations with DIC through a third party, they have no intention of selling unless they make a profit on their initial £234 million investment. They have already informed their bank that a proposed £300 million offer from DIC will be rejected out of hand.

Greedy b@stards.

Its becoming more and more obvious that the clowns and especially Hicks are only in this for the money and all their talk about the history of the club etc etc was just good PR. Its just a case now of what they see as a good profit and whether DIC are willing to pay over the odds.

by **metalhead** » Tue Jan 22, 2008 6:21 pm

It mostly matters on the interest rates prevailing the market though, we have to see what happens in the market in the next couple of days

by **account deleted by request** » Tue Jan 22, 2008 6:23 pm

I never thought I would be reading the fkn business columns rather than the sports pages. H&G have a lot to answer for.

by **Number 9** » Tue Jan 22, 2008 6:25 pm

Ciggy wrote:Big Niall are you ok with this mans intentions?

I love the way he has said this in America and didnt think we would find out.

Tom Hicks has alleviated fans of his teams - no, not fans of Liverpool - fans of MLB's Texas Rangers and NHL's Dallas Stars - by assuring them that money made at the English club will be funneled into the U.S. franchises.

Oh yeah, this will go over well.

There are already concerns about how much money Hicks even has to spend on the Merseyside club - and now we're learning of a video from six months ago where Hicks stated that if he makes any money in England, he'll spend it on his teams in America.

People are worried that I might take money away from the Rangers to go to Liverpool. But it is just the reverse. Liverpool is going to throw off lots of extra money which, if I choose to, I can use for the Rangers or the Stars.

Big Niall thinks Hicks is a great guy and its all Rafas fault!

fuc.king cant believe some people on here! :no

by **Ciggy** » Tue Jan 22, 2008 6:43 pm

Number 9 wrote:Big Niall thinks Hicks is a great guy

I think Hicks is a two faced, donut devouring kunt.

I want Sheikh Mo :cool:

by **Ciggy** » Tue Jan 22, 2008 7:21 pm

s@int wrote:Its becoming more and more obvious that the clowns and especially Hicks are only in this for the money.

Saint what else can we imagine happening if Hinge & Bracket stay in control?.

The global economy takes the highly-leveraged Hicks and Gilett down the toilet.

Hicks files for Chapter 11 Bankruptcy for the third time.

LFC returns to the control of administrators who have a fire-sale.

We lose all of our players, and are relegated from the Prem.

Ken Bates sniffs around and buys the club at a knock down price.

Makes Dennis Wise our manager.

We are relegated twice more.

On the downside...

by **KOPMATT** » Tue Jan 22, 2008 7:43 pm

Ciggy wrote:
Number 9 wrote:Big Niall thinks Hicks is a great guy

I think Hicks is a two faced, donut devouring kunt.

I want Sheikh Mo

Well he (Hicks) is best mates with Dubya Bush and we all know whata knobed he is! say no more!!

by **lakes10** » Tue Jan 22, 2008 8:01 pm

KOPMATT wrote:
Ciggy wrote:
Number 9 wrote:Big Niall thinks Hicks is a great guy

I think Hicks is a two faced, donut devouring kunt.

I want Sheikh Mo

Well he (Hicks) is best mates with Dubya Bush and we all know whata knobed he is! say no more!!

yes but DIC are also bed buddies with Bush.

by **Aaron** » Tue Jan 22, 2008 8:06 pm

RTE.ie

Reds continue on downward spiral

Tuesday, 22 January 2008 17:46

Liverpool's future appears to be reaching crisis point as their beleaguered American owners run out of time in their desperate fight to retain control of Anfield.

And the bitter reaction of the Kop during the 2-2 draw with Aston Villa could have a telling influence on the futures of Tom Hicks and George Gillett.

With city sources claiming that the American co-owners have hit a hitch in their bid for a restructuring of their loan agreement with the banks, the battle for Anfield would seem to have reached a key moment.

Such was the animosity towards the Americans at Monday night's game against Villa, it is hard to see - due to security reasons - how they can ever appear again in the Anfield directors' box.

And there was even talk at Anfield of the stadium plans having to be delayed again, such is the lack of cash.

Waiting in the wings are Dubai International Capital (DIC), who are believed to be waiting with a £350million offer.

The speculation about the club's future has been growing despite Hicks releasing a statement on Sunday.

In it he insisted he remained 'fully committed' to his role as Liverpool co-owner, denying he has been involved in discussions with DIC over selling his stake.

It read: 'I have not received any offer to purchase the club from the DIC or anyone else, much less accepted any such offer. Nor do I have any intention of doing so.

'Whoever is behind this false report, the facts are that I and my family have always been, and remain, fully committed to co-owning the club; that no-one in my family has ever indicated any intention or desire to sell our stake in the club; and that we expect and intend to be co-owners of the club, and to actively and enthusiastically support the club's manager, players and fans for many years to come.'

Matters have come to a head almost a year since a Liverpool board meeting in a Canary Wharf hotel, a couple of hours ahead of a 2-1 win over West Ham United, which virtually pulled the plug on DIC's initial bid, with the board opting instead to sell to the Americans.

That same night the bemused DIC party sat behind Liverpool chairman David Moores and chief executive Rick Parry at Upton Park, knowing that their deal had collapsed only hours earlier. The Dubai group formally withdrew their bid 24 hours later.

Now Liverpool's next league match is, coincidentally, at West Ham - again on 30 January.

By then Hicks and Gillett may have had to accept a bid to buy the club.

Under-pressure boss Rafael Benitez will hope by then to see his side safely into the FA Cup fifth round, with non-league Havant and Waterlooville next up at Anfield on Saturday.

Commenting on the draw with Villa, Benitez said: 'Nobody can say that the players do not want to try, they certainly do.

'It is difficult for me to explain how I feel, you know my English. But I am very, very disappointed. Especially because you can see how the fans react.

'They are magnificent to the team, to me, and we owe them some good games and some good victories.

'Now we have a cup tie with a non-league team, it will be a great occasion for everyone but maybe we can score some goals to give us confidence.'

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