Emerald Red wrote:Ciggy wrote:Emerald Red wrote:So this loan they are paying for, is it going on our books as our debt plus the future loan for the new stadium? If so, that would mean we'd be like 700 million in dept. Is this correct?
Bingo, Bango, Bongo this is why the fans have gone ballistic they promised they would not take out loans in LFC's name but the whole club is responsible for the debt.
Its not called LFC though its called Kop Football Limited Caymen Islands but its the same thing just a different name.
I was aware that they took a loan out before, but I just assumed it was to pay for Torres and Babel and didn't think much more of it. I got my wires crossed in thinking that this loan was to pay for that and help build the new stadium. I thought we were going to be like 400 million in debt, which was serious enough. But 700! That is just pure madness and I cannot believe that there are actually some w@nkers on RAWK and other forums trying to take their side.
They have spent no money whatsoever on signings , the players that rafa had brought in a the start of the season were payed for using Cl money ,tv rights money and rafa selling players . THey havent spent a penny of there own money on players. So when (not if) DIC come in and bail us out ,they will walk away with the money to repay the loan and a nice tidy sum in there back pocket ,for doing absolutely feck all.






