Both debts to be paid by club

[WaltonRed]

Originally Posted by fivetimes There were rumours that the owners are already thinking that if we dont quality for the CL, then they can always sell the likes of gerrard and torres to get the interest back. Only one player to them, they dont care!

can you imagine? There would be a serious kick off if that happened ie, rioting!

[robslappa]

Originally Posted by WaltonRed can you imagine? There would be a serious kick off if that happened ie, rioting!

They're our most saleable assets. If they needed the money, then I've no doubt they'd get rid and I don't think they'd care how much it upset us.

[Moschops II]

Originally Posted by WaltonRed can you imagine? There would be a serious kick off if that happened ie, rioting!

Why would they care? Hicks is 3000 miles away. Fans of the Texas Rangers hating him hasn't made a lot of difference to his business practices, and he actually lives there.

[m.c]

Originally Posted by robslappa They're our most saleable assets. If they needed the money, then I've no doubt they'd get rid and I don't think they'd care how much it upset us.

Honestly dont think SG will be to arsed if he's sold Rob

[philyburkhill]

Don't think its anything new, just think its TB reaffirming the point. I know he has some mates from RAOTL, probably in RTK and got told about the anti-G+H chants getting shouted down.

[JustTosh]

Originally Posted by BROCK The only plus point, I can see, about the way the debts structured is that we won't be under as much pressure to sell players by the banks if things go tits up, a la Leeds.

Why not?

Whether it's LFC's debt directly or indirectly through KOP Holding, the assets securing the loan are exactly the same.

[BROCK]

Best to put a sticky on that FC Liverpool thread I think...

[Tom R]

I'm gonna try and find out tonight the exact workings of this deal and will let you know what the score is.

It was always teh case that any finance they got was not going to be on very good terms, but before we all start shitting ourselves, let's try find out for sure.

I'll see what me can do.

[real red]

Originally Posted by BROCK Why is everybody so shocked? Wasn't Doug Ellis was on SSN the other day saying he didn't sell to a consortium fronted by Gillett because he planned to have the club issuing dividends in order to pay off the incurred debt? The only plus point, I can see, about the way the debts structured is that we won't be under as much pressure to sell players by the banks if things go tits up, a la Leeds.

Yes but when the banks go to Tom and George and say, "where's our interest on the £245m?" Tom and George will have to either hand over the security they put against that chunk, which they won't do, or find another way for the holding company to get its hands on the interest. And that's where selling players comes in. At the very best we'll have no more money for transfers than we had before they took over, at worst we'll have to sell players to keep going, and of course that'll see us drop lower, until we've got no players left to sell.

But H&G won't hang around too long, they'll put the debt fully onto the club and sell for a cut price to someone else. Their worst-case scenario is to only make a profit of whatever that cut price is.

Originally Posted by Tom R I'm gonna try and find out tonight the exact workings of this deal and will let you know what the score is. It was always teh case that any finance they got was not going to be on very good terms, but before we all start shitting ourselves, let's try find out for sure. I'll see what me can do.

Do eet.

[coop]

The point about selling our top players is a valid one as Hicks as a history of doing this during his time in Brazil.

Its already been posted that Hicks has tried to conquer Brazilian football by taking over Corinthians where he promised a new stadium (never happened) sold players to fund his payments then sold the club and fucked off after doing serious damage to the club.

Information about Hicks past activities are easily available via google so why the fucking hell did Parry or Moores not do this before selling to them is beyond me.

What Hicks is doing annoys me obviously but he is doing what he has done all through his business life. The fact that he actually got hold of the club is the worse thing of the lot.

You read reports on how Moores and Parry are horrifed at how the new owners are going off. Well that makes everything fucking better doesnt it yer pair of incompetant twats.

Fans remember Dalglish, Rush, Keegan, Hughes and many more to remember but in the future people will remember David Moores and Rick Parry has the two people who dropped the biggest bollock in the history of Liverpool FC.

They were seduced by the extra cash and the fact that they kept a job within the club whilst we the fans take the real brunt of the shit by witnessing our club been torn apart piece by piece.

The reason why were wanted to be taken over was so we could build a new stadium and cash to be invested into the team to allow us to compete with Man Utd, Chelsea and Arsenal but we are nowhere nearer achieving this goal and we have to watch whilst Man Utd are likely to overtake our League titles record which for me will be extremely hard to take.

[WeAreTheBest]

Originally Posted by coop The point about selling our top players is a valid one as Hicks as a history of doing this during his time in Brazil.

To be fair thats how it's done in Brazil and South America in general, you have to sell your best players to survive.

The new stadium promise is worringly familiar but I dont think the selling players has much relevance as it's their way.

[billybonzo]

Originally Posted by coop The point about selling our top players is a valid one as Hicks as a history of doing this during his time in Brazil. Its already been posted that Hicks has tried to conquer Brazilian football by taking over Corinthians where he promised a new stadium (never happened) sold players to fund his payments then sold the club and fucked off after doing serious damage to the club. Information about Hicks past activities are easily available via google so why the fucking hell did Parry or Moores not do this before selling to them is beyond me. What Hicks is doing annoys me obviously but he is doing what he has done all through his business life. The fact that he actually got hold of the club is the worse thing of the lot. You read reports on how Moores and Parry are horrifed at how the new owners are going off. Well that makes everything fucking better doesnt it yer pair of incompetant twats. Fans remember Dalglish, Rush, Keegan, Hughes and many more to remember but in the future people will remember David Moores and Rick Parry has the two people who dropped the biggest bollock in the history of Liverpool FC. They were seduced by the extra cash and the fact that they kept a job within the club whilst we the fans take the real brunt of the shit by witnessing our club been torn apart piece by piece. The reason why were wanted to be taken over was so we could build a new stadium and cash to be invested into the team to allow us to compete with Man Utd, Chelsea and Arsenal but we are nowhere nearer achieving this goal and we have to watch whilst Man Utd are likely to overtake our League titles record which for me will be extremely hard to take.

Top read that Coop, do you think the Echo would print that if you sent it in ? People need to be aware of the factors behind the sale and thats a pretty good assesment, albeit maybe liablous (sp)

[philyburkhill]

Well with the new TV deal, don't we get 45-50 million a year? Then CL money on top of that.

[spider-neil]

moores is old school and when the yanks promised not to load the debt onto the club (honest davey wavey we cross our hearts and hope to die) as to jump ahead of the DIC in the queue to buy the club he believed them.
clueless fucker.

[Ian Sea]

Originally Posted by coop The point about selling our top players is a valid one as Hicks as a history of doing this during his time in Brazil. Its already been posted that Hicks has tried to conquer Brazilian football by taking over Corinthians where he promised a new stadium (never happened) sold players to fund his payments then sold the club and fucked off after doing serious damage to the club. Information about Hicks past activities are easily available via google so why the fucking hell did Parry or Moores not do this before selling to them is beyond me. What Hicks is doing annoys me obviously but he is doing what he has done all through his business life. The fact that he actually got hold of the club is the worse thing of the lot. You read reports on how Moores and Parry are horrifed at how the new owners are going off. Well that makes everything fucking better doesnt it yer pair of incompetant twats. Fans remember Dalglish, Rush, Keegan, Hughes and many more to remember but in the future people will remember David Moores and Rick Parry has the two people who dropped the biggest bollock in the history of Liverpool FC. They were seduced by the extra cash and the fact that they kept a job within the club whilst we the fans take the real brunt of the shit by witnessing our club been torn apart piece by piece. The reason why were wanted to be taken over was so we could build a new stadium and cash to be invested into the team to allow us to compete with Man Utd, Chelsea and Arsenal but we are nowhere nearer achieving this goal and we have to watch whilst Man Utd are likely to overtake our League titles record which for me will be extremely hard to take.

Moores and Parry only spent 3 years looking for investment, you didn't expect them to get it right after such a short search did you?

[Mr T]

Originally Posted by coop The point about selling our top players is a valid one as Hicks as a history of doing this during his time in Brazil. Its already been posted that Hicks has tried to conquer Brazilian football by taking over Corinthians where he promised a new stadium (never happened) sold players to fund his payments then sold the club and fucked off after doing serious damage to the club. Information about Hicks past activities are easily available via google so why the fucking hell did Parry or Moores not do this before selling to them is beyond me. What Hicks is doing annoys me obviously but he is doing what he has done all through his business life. The fact that he actually got hold of the club is the worse thing of the lot. You read reports on how Moores and Parry are horrifed at how the new owners are going off. Well that makes everything fucking better doesnt it yer pair of incompetant twats. Fans remember Dalglish, Rush, Keegan, Hughes and many more to remember but in the future people will remember David Moores and Rick Parry has the two people who dropped the biggest bollock in the history of Liverpool FC. They were seduced by the extra cash and the fact that they kept a job within the club whilst we the fans take the real brunt of the shit by witnessing our club bee