Reds in refinancing blow

[Rashid]

Hicks wants £1Bn.

[StevieH]

Originally Posted by Rashid Hicks wants £1Bn.

That may be his starting price, but he knows that he needs to sell sooner rather than later and won't want to be around when money needs to be invested for the stadium.

[Kenny]

a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes.
b) Therefore they want to complete the refinancing first.
c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario.
d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt.
three likely outcomes:
1) Americans give in and accept an offer to sell before refinancing outcome is known.
2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price.
3) the most likely. Americans will get the refinancing, and will then sell.

[Kenny]

Originally Posted by Rashid Hicks wants £1Bn.

How do you know? If they think we are worth 1billion in 2 years time then they will sell but not yet.

[05 Milan]

Is it naive of me to think that the americans will pull this off because too many Liverpool-fans are occupied with complaining about Rafa and discussing his replacement?

[Dougie Do'ins]

Originally Posted by StevieH Maybe not initially, but the Americans will struggle to secure the finances required to fund the new stadium & will look to sell the club sooner rather than later.

Or G&H might just think what the fuck pick up the phone to Bill the bender and ask him if hes interested in going halves on a new ground.

Dont put anything past them.

[Agt Provocateur]

Originally Posted by Scouse Lad a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes. b) Therefore they want to complete the refinancing first. c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario. d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt. three likely outcomes: 1) Americans give in and accept an offer to sell before refinancing outcome is known. 2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price. 3) the most likely. Americans will get the refinancing, and will then sell.

I love your logic and your optimism - I just hope you're right!

[Bill]

Excuse me, I resemble that remark

[theRedHorse]

Originally Posted by Bill Excuse me, I resemble that remark

resent?

[rebel23]

they're putting £150m of debts on the club

they will have 190m debts with "kop football"

they need a further 250m mimimum (assuming no cost overruns) to fund the stadium, average overrun of construction projects in Britain is over 30%

when they next have to refinance, they will find it difficult as the banks will want to see them put up more collatoral and we'd be in a potentially perilous position anyway even with the 160m debt on the club

how are they going to pay off the loans on kop football?

how will they pay off another £300m in loans? I doubt it's even possible, with all the debt and interest accruing at the current rate, your looking at 600-700m in debt, that's just impossible to sustain

[Dougie Do'ins]

Originally Posted by Bill Excuse me, I resemble that remark

As long as you dont wear nazi health glasses.
Have silver hair.
And dont mince when your walking.
you should be able to distance yourself from it.

[Rafa Shankly]

Originally Posted by Rashid Hicks wants £1Bn.

£1 bn or $1 bn?

surely he couldnt be looking for £1 bn,if thats what hes looking for hes basically saying fuck off were not for sale.

[Rafa Shankly]

Originally Posted by Scouse Lad a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes. b) Therefore they want to complete the refinancing first. c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario. d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt. three likely outcomes: 1) Americans give in and accept an offer to sell before refinancing outcome is known. 2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price. 3) the most likely. Americans will get the refinancing, and will then sell.

so their selling then?

again,love your optimisum,hope your right.

[The Party Boy]

Yet another day goes by without this refinancing, they're so full of shit. They're not going to get it. Keep the pressure on and we'll be rid of these cunts soon.

I fully expect the Yank bastards to annouce the refinancing has been approved tomorrow, at the same time (with the intent of buttering us up) they will announce that the new stadium will get up and running.

Then they will expect to be welcomed at Anfield on the night of the Inter Milan game as heroes.

Get to fuck you Yank cunts...the only people you'll sweeten up are jester hatted whoppers from places like Bristol. You've lied to us and betrayed us...we will not rest until you've fucked off out of OUR club.

[bobhorse]

Originally Posted by rebel23 they're putting £150m of debts on the club they will have 190m debts with "kop football" they need a further 250m mimimum (assuming no cost overruns) to fund the stadium, average overrun of construction projects in Britain is over 30% when they next have to refinance, they will find it difficult as the banks will want to see them put up more collatoral and we'd be in a potentially perilous position anyway even with the 160m debt on the club how are they going to pay off the loans on kop football? how will they pay off another £300m in loans? I doubt it's even possible, with all the debt and interest accruing at the current rate, your looking at 600-700m in debt, that's just impossible to sustain

Think your wrong there mate they won't have any problem they could lump the lot together and use ticket sales as the incentive we are a cash cow resession proof the bancks would be lining up at that point then you have the naming rights etc that will bring in about half the costs of the stadium build and there will be new kit and team sponsers by then also

That is the reason these people want us in the first place

[Kenny]

Originally Posted by Rafa Shankly so their selling then? again,love your optimisum,hope your right.

ive no idea mate, im just saying that this deal was always going to happen, thats what Bascombe said anyway, its what im clinging my hopes to.

[CrouchieBoy]

Originally Posted by bobhorse Think your wrong there mate they won't have any problem they could lump the lot together and use ticket sales as the incentive we are a cash cow resession proof the bancks would be lining up at that point then you have the naming rights etc that will bring in about half the costs of the stadium build and there will be new kit and team sponsers by then also That is the reason these people want us in the first place

i think that is the reason anyone wants us. these gas bags or someone else

[bobhorse]

The thing is if these fuckers are going to just load the debt on the club
We would have been better taking the club over doing the same thing?
At least we would be in debt but owned by people who really love the club and would do all they could to win and keep its heart alive

[CrouchieBoy]

Originally Posted by bobhorse The thing is if these fuckers are going to just load the debt on the club We would have been better taking the club over doing the same thing? At least we would be in debt but owned by people who really love the club and would do all they could to win and keep its heart alive

couldn't agree more mate. I think my post left a little to be desired to be honest. My apols.

i really wish a true fan could come back and buy this club. It would make a world of difference

[WaltonRed]

Originally Posted by CrouchieBoy couldn't agree more mate. I think my post left a little to be desired to be honest. My apols. i really wish a true fan could come back and buy this club. It would make a world of difference

Moores should of gotten rid of Parry and brought in a CEO who could do everything Bob mentioned.

The biggest kit, sponsor deals and merchandise. We are a cash cow and if only they had done it we wouldnt be in this mess.

Look at the new ground, we all hate the idea of a name of a multi national but if it was 200m for twenty years there is the ground built, or atleast most of it.

[WeAreTheBest]

Actually done now according to the beeb.

BBC SPORT | Football | My Club | Liverpool | Liverpool duo complete £350m deal

[Hazel Motes]

Oh well...

[Elite]

There goes the neighbourhood.

[Dougie Do'ins]

According to BBC teletext the deal is done