Liverpool enter talks with Saudi Arabian and Qatari consortiums over a potential £3BILLION takeover

[Mook]

16 minutes ago, Scott_M said:

People are going to stop supporting us?

 

Giving up smack would be easier.

 

There will be a very, very small number who walk away. It won’t be noticeable.

 

I think you're missing my point.

 

The stadium will still be full but there will be a number of good Reds who will walk away over time. It might not be noticable overnight but the soul of the club will be eroded & a lot of people would feel any success will be hollow.

 

Personally, I found it very easy to stop going to the games when they brought VAR in and will find it even easier to forget about Football completely if some oil state (for example) buys the club.

 

Modern Football is a fucking circus.

[JohnnyH]

1 hour ago, Mook said:

 

I think you're missing my point.

 

The stadium will still be full but there will be a number of good Reds who will walk away over time. It might not be noticable overnight but the soul of the club will be eroded & a lot of people would feel any success will be hollow.

 

Personally, I found it very easy to stop going to the games when they brought VAR in and will find it even easier to forget about Football completely if some oil state (for example) buys the club.

 

Modern Football is a fucking circus.

 

I agree with this.  It won't be 100,000s of fans turning their backs overnight, it'd be a drip drip.

 

I would never ever miss a single Liverpool match that was on telly (and with us having televised 3pm Saturday kick offs in Ireland, Liverpool were on pretty much every week) but as a result of having young kids, I now miss a lot of matches.  I'm standing on the sidelines at an under 6s GAA thing or at swimming lessons or whatever when Liverpool are playing.  And whereas a few years ago that annoyed me, now I don't care.  If we end up owned by someone like Saudi, then I'll  have no problem turning my back almost completely. I'll always check the score and will have a pang of happiness when we win or a pang of sadness when we lose, but that has significantly diminished in recent years as I see the game get more and more into the realms of the absurd, and I now don't think it'd be too difficult to leave it all behind,  A horrible state owned sportswashing circus that is throwing hundreds of millions at it just for fun would make it very easy for me to jib it off once and for all.

[coachpotato]

Understandable how you feel Johnny, I share two ST’s between my two kids and myself, and there’s been more than once where I’ve wondered about going, especially when the chance has been there to look after one of my two grandkids and let the two kids go when it’s been my turn.

I like to think we are still a proper club, even though we’ve been rinsed over the years, and although FSG are running a tight ship (with the emphasis seemingly on tight) they have at least taken us back up to a position in European football where we are respected, whereas with H&G we were destined for Evertonland.

Exactly what would happen should we be taken over is pure conjecture until it’s known who the new owners are, but given what is happening to other clubs I don’t think it’ll be pretty.

Have to say that in my case, I don’t know if I’d have the bollocks to walk away, it’s in the blood now and would be very difficult to do.

In a perverse way though, I hope I have to face that decision fairly soon, before we get left behind and stranded in mid-table and with no Jurgen Klopp.

[Dave D]

I see King Power have written off £194m of Leicesters debt.

 

Just written it off.

 

Finance in Football is just incomprehensible      

[Anubis]

11 hours ago, razor said:

 

FSG apologist!

And all it took was them getting me a yacht.

[Scott_M]

@Mook I’m not missing your point. I agree some will walk away, it’ll be minimal.

 

Which leads me to…

 

@JohnnyH & @coachpotato Unfortunately that’s called getting older and having other commitments. 

[navbasi]

3 minutes ago, Scott_M said:

@Mook I’m not missing your point. I agree some will walk away, it’ll be minimal.

 

Which leads me to…

 

@JohnnyH & @coachpotato Unfortunately that’s called getting older and having other commitments. 

Have to agree.. I've been less this season because my daughter is in her final year at Uni and funds have been diverted there, however, my nephew (who I share my ST with) is 28 and single and travels home and away (lucky bastard!!)... damn getting old and having other commitments... it's proper shit!! 

[TD_LFC]

23 minutes ago, Dave D said:

I see King Power have written off £194m of Leicesters debt.

 

Just written it off.

 

Finance in Football is just incomprehensible      

 

No they haven't, it literally tells you what they've done in any article about it.

 

The debt was in the form of a loan by the company that owns Leicester and they converted it to equity.

[Dave D]

13 minutes ago, TD_LFC said:

 

No they haven't, it literally tells you what they've done in any article about it.

 

The debt was in the form of a loan by the company that owns Leicester and they converted it to equity.

https://www.skysports.com/football/news/11712/12800602/leicester-citys-194m-debt-written-off-by-king-power-shows-commitment-after-criticism

 

Seems fairly straightforward to me

[TD_LFC]

Sorry I didn't account for the fuck wittery of Sky Sports, it's the internal debts between parent company and the club, external loans haven't been touched and they've not been written off they've been converted to shares.

 

Still good for Leicester's books but not quite the grand gesture Sky are reporting it as.

 

ESPN

Quote

Leicester City chairman has paid the outstanding debt of the Premier League club to its parent King Power International (KPI) by converting more than £194 million ($239.03m) in loans into equity, the club said on Wednesday.

 

Reuters

Quote

King Power International (KPI) by converting more than 194 million pounds ($239.03 million) in loans into equity, it said on Wednesday.

 

Express

Quote

he Thai businessman has relieved the club of its outstanding debts to parent company King Power with a debt-to-equity conversion,

 

The Athletic

Quote

 Leicester City's £194million debts to parent company King Power ... owned the club since 2010, has converted the existing debt into equity.

 

Sport Business

Quote

owed by the Premier League club to his family's parent company King Power International (KPI) by converting the debt into equity.

 

[Mook]

42 minutes ago, Scott_M said:

@Mook I’m not missing your point. I agree some will walk away, it’ll be minimal.

 

Which leads me to…

 

@JohnnyH & @coachpotato Unfortunately that’s called getting older and having other commitments. 

 

Aye but a lot of these older supporters, who know what the club is/was all about will be replaced by selfie stick-type fucking whoppers. This is happening already but I think it would be accelerated by an oil state takeover.

[Anubis]

So the latest name drop is Power International Holdings, a pair of Qatari brothers worth about £27b.

 

On the face of it (Wikipedia) they appear to be working with the UN to assist with human and women’s rights. But a few people have linked to a Times article accusing them of funnelling money to Al Nursa in Syria.

 

[VladimirIlyich]

46 minutes ago, Scott_M said:

@Mook I’m not missing your point. I agree some will walk away, it’ll be minimal.

 

Which leads me to…

 

@JohnnyH & @coachpotato Unfortunately that’s called getting older and having other commitments. 

No,it's not mate. I have a mate who,up until his stroke which means he will be lucky to ever attend a game,has 5 kids and a few Grandkids yet didnt miss a home game for years. We both have the same commitments and had similar incomes but I chose to walk away from forking out 50 a home game while he continued and still watches every game online or telly. I think its far more nuanced than just having other commitments.

[TD_LFC]

1 minute ago, Mook said:

 

Aye but a lot of these older supporters, who know what the club is/was all about will be replaced by selfie stick-type fucking whoppers. This is happening already but I think it would be accelerated by an oil state takeover.

 

Ultimately that transition is going to happen regardless, the speed of it is what will change.

 

Man City, for example, has seen it happen relatively quickly because they started with a smaller fan base.

[Scott_M]

This isn’t a hill I’m willing to die on!

 

I still feel the people not going is being over exaggerated. 

 

Let’s see what happens. 

[Anubis]

Link to that full Arab News Artice.

 

https://www.arabnews.com/node/1537031/amp

[Scott_M]

12 minutes ago, VladimirIlyich said:

I chose to walk away from forking out 50 a home game while he continued and still watches every game online or telly. I think it’s far more nuanced than just having other commitments.

Why did you chose to walk away? 
 

There will always be natural attrition. It might be accelerated slightly due to a Middle Eastern owner, IMO, it’ll be minimal. 

[Dave D]

19 minutes ago, TD_LFC said:

Sorry I didn't account for the fuck wittery of Sky Sports, it's the internal debts between parent company and the club, external loans haven't been touched and they've not been written off they've been converted to shares.

 

Still good for Leicester's books but not quite the grand gesture Sky are reporting it as.

 

ESPN

 

Reuters

 

Express

 

The Athletic

 

Sport Business

 

Im just duped by the sensationalist Sky Sports stuff most days 

[Scott_M]

5 minutes ago, Anubis said:

Link to that full Arab News Artice.

 

https://www.arabnews.com/node/1537031/amp

Didn’t the other Arab nations around Qatar stop dealing with them a few years ago because of ongoing terrorist links? 
 

[Scott_M]

I feel some of my original points from last night have been taken somewhat out of context…

 

My point was is if we get a X% investment, is this just a short term fix and would we find ourselves in the same position again in 5 years time?

[Babb'sBurstNad]

8 minutes ago, Scott_M said:

Didn’t the other Arab nations around Qatar stop dealing with them a few years ago because of ongoing terrorist links? 
 

 

Islamic extremists are no different to FSG - both only in it for the prophet

[Scott_M]

Just now, Babb'sBurstNad said:

 

Islamic extremists are no different to FSG - both only in it for the prophet

Very good. 

[VladimirIlyich]

8 minutes ago, Scott_M said:

Why did you chose to walk away? 
 

There will always be natural attrition. It might be accelerated slightly due to a Middle Eastern owner, IMO, it’ll be minimal. 

I walked away from attending games but still watch every game on telly and online. I chose to walk away from attending because of,obviously like many others price was a consideration,but also the game has changed into something I dont recognise nor like very much. I feel no connection with the club or players and I completely expect most of them to feel similar in terms of it being a job or career with many benefits. It's obviously now stacked in favour of money clubs and is just a business from top to bottom in a way it has never been before. The forming of the PL was the beginning of the end for me. I remember the building of the all seater Kop and its original 'it will only be a tenner' headlines and look at those prices now! The game is bent and every decision is made by a marketing agency to benefit income and not by people with a true love of the game.

[JohnnyH]

1 hour ago, Scott_M said:

@Mook I’m not missing your point. I agree some will walk away, it’ll be minimal.

 

Which leads me to…

 

@JohnnyH & @coachpotato Unfortunately that’s called getting older and having other commitments. 

 

Yes and no.

 

Getting to see less games is as a result of family and getting older and not living every moment about the team.  But jibbing it totally off would be as a result of sportswashing ownership.  It'd just be a bit easier to do that if I've already lost a bit of touch.

[Scott_M]

15 minutes ago, VladimirIlyich said:

I walked away from attending games but still watch every game on telly and online. I chose to walk away from attending because of,obviously like many others price was a consideration,but also the game has changed into something I dont recognise nor like very much. I feel no connection with the club or players and I completely expect most of them to feel similar in terms of it being a job or career with many benefits. It's obviously now stacked in favour of money clubs and is just a business from top to bottom in a way it has never been before. The forming of the PL was the beginning of the end for me. I remember the building of the all seater Kop and its original 'it will only be a tenner' headlines and look at those prices now! The game is bent and every decision is made by a marketing agency to benefit income and not by people with a true love of the game.

All completely understandable. 
 

You think feelings of disconnect from the club will be accelerated by some Middle Eastern owner? 
 

I don’t disagree it’ll happen to some. I think volumes of supporters who will turn their backs is being hugely over estimated.