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| We're fooked | |
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| Tweet Topic Started: Jan 23 2008, 09:24 PM (743 Views) | |
Berethorn
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Jan 23 2008, 11:36 PM Post #21 |
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Mister B-man
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I presented circumstantial evidence: a) backed out of an assurance not to put debt on the club b) panicked at the first sign of a wobble and looked up a replacement for Rafa c) demonstrated an alarming lack of experience in football by talking to a no mark German - you can throw a hundred million at a mediocre manager and it wont make him a good manager - and they wont be giving out a hundred million without a major about face. d) offered us a stadium then had to run away and rescale it e) their financial ability is being stretched in the current financial market - should the bottom fall out of it any further they - and us - could find themselves in serious shoite. f) they'll need another £300m to finish the stadium - where's that gonna come from? If it's another loan how will they secure it? g) the last transfer budget was part of the original buyout loan. Where will transfer money come from this summer? h) interest repayments will hinge on our performances. We can't afford any more instability because we only have to fail to qualify for the CL once and the financial implications for us could be disasterous, ie like Leeds. I'm sorry you don't consider this evidence substantial enough, and I apologise if my overreaction offends anyone. But as unlikely as it might seem I can't shake off this bleak feeling that it is POSSIBLE - just as it's POSSIBLE we could still win the title. The issue balances on whether it is PROBABLE or not. My own personal opinion is so dire because frankly I've seen nothing positive at all to suggest anything could be otherwise. Even tomorrow seems a cynical ploy to bury the bad news over the loan by unveiling yet another stadium design that may or may not once more turn out to be only so much hot air. |
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starman
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Jan 23 2008, 11:47 PM Post #22 |
Space is big, No i mean really hugely big
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a) backed out of an assurance not to put debt on the club One year ago - money markets have changed b) panicked at the first sign of a wobble and looked up a replacement for Rafa c) demonstrated an alarming lack of experience in football by talking to a no mark German - you can throw a hundred million at a mediocre manager and it wont make him a good manager - and they wont be giving out a hundred million without a major about face. Yes they panicked no despute about that and why Jurgen god knows d) offered us a stadium then had to run away and rescale it They offered a stadium we would like - plan A fell through - many did not like it, plan B many be better on the eye. it will still have the kop the way they / we like and it still will be 75 / 76000 e) their financial ability is being stretched in the current financial market - should the bottom fall out of it any further they - and us - could find themselves in serious shoite. Yep you are right. We could be under Moores and not have these worries. f) they'll need another £300m to finish the stadium - where's that gonna come from? If it's another loan how will they secure it? As i said on another thread - a fixed price to build g) the last transfer budget was part of the original buyout loan. Where will transfer money come from this summer? No idea h) interest repayments will hinge on our performances. We can't afford any more instability because we only have to fail to qualify for the CL once and the financial implications for us could be disasterous, ie like Leeds. Yes we could fall like Leeds or get better to equal Utd |
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chriskamara
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Jan 23 2008, 11:52 PM Post #23 |
big girls dont cry
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do you think things look promising? |
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| El Nino | Jan 24 2008, 08:04 AM Post #24 |
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Unregistered
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Not 100% sure CK , still a bit worried but nowhere near the depths of what is being said at the moment . the over reaction so far has been quite funny . I know we are going to go out off business or drop to league one etc and we can only wait and see what sort of budget is given during the summer. |
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chilli sauce
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Jan 24 2008, 08:42 AM Post #25 |
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Premier League
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as an aside, the loan is sure to go through as the banks/investors feel that our club will start making big profits when the stadium is complete. the banks have confidence and are willing to take the risk for a long term profit. is this a good sign ? |
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| El Nino | Jan 24 2008, 08:47 AM Post #26 |
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well i would of thought so mate , cant see the bank giving a loan to something they dont think will work . |
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chilli sauce
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Jan 24 2008, 11:38 AM Post #27 |
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Premier League
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after thinking on it a few days, do we condemn the owners for short sightedness, niavety, manipulation or plain stupidity ? there seems to be have been somewhat of a knee jerk reaction. will the owners learn from thier mistakes. do we give them more time ? i have no answers, but i am also sure that nobody else does, including the journo's who write to provoke and the self appointed voices of the kop. |
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| El Nino | Jan 24 2008, 11:43 AM Post #28 |
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the only thing we can do mate is wait and see and give our full support and backing to the players and manager . like yourself there is no reason why this will turn into the disaster some are predicting . |
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| The Nutmeg King | Jan 24 2008, 07:47 PM Post #29 |
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It'll all be fine, there's nothing to worry about at all!! Posted Image |
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| El Nino | Jan 24 2008, 07:48 PM Post #30 |
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thats the spirit :redscarf: |
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| The Nutmeg King | Jan 24 2008, 07:51 PM Post #31 |
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Nah, it really isn't.... blind optimism and burying your head in the sand really isn't the spirit... |
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| El Nino | Jan 24 2008, 07:54 PM Post #32 |
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nt burying head anywhere just not predicting and saying this loan will be the end of liverpool football club seeing us play out life in league one . |
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chriskamara
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Jan 24 2008, 07:54 PM Post #33 |
big girls dont cry
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all this finance malarkey confuses me does this mean the yanks have no personal liability, and if things go tits up the worst case scenario for them would be to lose ownership of the club? |
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| The Nutmeg King | Jan 24 2008, 07:58 PM Post #34 |
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The Echo reports the deal will see the club take on £105million of debt with Kop Investment (a holding company set up by Hicks and Gillett in the immediate aftermath of last year's takeover) taking on £190million and the American duo putting up £55million of their own money. So not completely, but largely... |
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| El Nino | Jan 24 2008, 07:59 PM Post #35 |
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im pretty sure they must have some sort of liability , most of the debt so far going onto their company so that will make then viable for that . the worst case scenario is liverpool going into admin if they dont pay the loan but can people realistically see that ? im pretty sure the guys arent as stupid as risdale etc , im confident there will be money made available for player sales but not chelsea standard , they want to make liverpool succesful to ensure the profits increase so for that they are going to have splash out a bit of dosh . |
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chilli sauce
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Jan 24 2008, 08:00 PM Post #36 |
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for them yes, they have no money in, well not a lot, its like buying a house with someones elses cash, if they cant afford the repayments, the banks i assume will take the club off them, they never paid in the first place so have nothing to lose. but the banks seem confident that they are good for the loan. and the banks don't really want the hassle of having to run a football club, that may be a bit simplistic and possibly all bollocks but its my understanding of it all. |
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| El Nino | Jan 24 2008, 08:05 PM Post #37 |
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i know people say its different but its like the bank giving glazers that 600 odd million to buy manure , they know the clubs will make the money to pay off , they arent going to give the money if they think its going to go pete tong |
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chriskamara
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Jan 24 2008, 08:20 PM Post #38 |
big girls dont cry
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utd are a cash cow, miles ahead in terms of squad strength, gate receipts and merchandising for these reasons it is a hell of a lot easier to manage this kind of debt imo just compare gate receipts for the two clubs for starters, utd must dwarf liverpool over the course of a season - there is a way around it, which is being addressed ie new stadium, but where the hell will the money come from? i guess my point is, can liverpool offer the same assurances as utd that things wont go all pete tong? i dont think so tbh |
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| El Nino | Jan 24 2008, 08:27 PM Post #39 |
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thats why they need the stadium built then it becomes a cash cow mate , the bank wouldnt give the loan if they didnt think there was going to b e any intrest for them and the yanks arent going to do this unless they think there is a profit somewhere for then , if they want to sell they have to make it a sucess to make it an attractive opportunity or if they want the club to make profits they are going to have to shell out to get the ball rolling . |
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| The Nutmeg King | Jan 24 2008, 08:29 PM Post #40 |
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We're not going to be the cash cow that Man Utd are, not for a long long time if ever. Their global brand is way ahead of us, and their team are at the moment as well. We need to spend on top notch players to get to that level, and then do more. Otherwise we're playing catch-up indefinitely. That's the bottom line. |
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