two new bids to buy the club..

[withnail71]

This probably sounds stupid, but can someone tell me if this is good or news or not?! I can't decide ...

 

On one hand, it's obviously great that it looks like Hicks will finally be heading out of the club and we'll be able clear the debt and re-build under new owners.

 

On the other hand though, we're selling to more Yanks ... and it just doesn't seem like this guy has the kind of cash needed to turn us in to a real force again.

 

I just don't see the sort of investment being made to keep the likes of Torres around.

 

Am I just being a miserable bastard?

only time will tell.

[Coro]

According to ESPN, the Red-Sox spend $161m a year on wages.

 

Hicks' team Texas Rangers spend only $55m a year.

[Silly season]

oh god now cannons waffling on! how does he always end up chatting away...

[sir roger]

I thought he was 647th... or something...

 

No, thats us in the league TSO.

[Lopez Ufarte]

To be honest, cancer and aids being shown the door is a fucking celebration in itself.

We need some improvement on the pitch, but ANY improvement would please me right now.

 

This.

[The Special One]

Hahaha.

[Durango]

According to ESPN, the Red-Sox spend $161m a year on wages.

 

Hicks' team Texas Rangers spend only $55m a year.

It's transfer fee's I want them to spend on.

 

There are no transfer fee's in Baseball merely "trades".

 

First impression,I don't fancy this deal.

[TheHitman]

Taken from the Daily Mail

 

He caused uproar in 2006 by proposing a change of kit and 200 per cent ticket price hike, while some leading American publications have questioned the company founded by the Illinois-born 61-year old.

 

The Boston Magazine reported in March 2006 that it had encountered 'difficulties', while, a year later, the Wall Street Journal and Bloomberg noted further problems with the firm

Read more: Liverpool at war! Boston Red Sox launch takeover bid | Mail Online

 

So......;

[lifetime fan]

When the fuck did this happen?

 

Went o bed pissed and woke up with this?!

[Silly season]

It's transfer fee's I want them to spend on.

 

There are no transfer fee's in Baseball merely "trades".

 

First impression,I don't fancy this deal.

 

ok... to options as thats what it seems we are left with,

 

keep C&A or Henry?

 

thats all your left with, or maybe admin then sold to ... Henry... you call

[RobbieOR]

Im very wary of this deal. But lets wait and see, the 2 cunts are gone, thats the main thing. Hopefully we can move on and put these last 3 years behind us and carry on with the real business. Which is winning trophies.

[Guest Numero Veinticinco]

I'm stacked with work at the moment, so I'm going to miss most of the commentary but I'm interested to find out who the other bidders were. I hope this company are responsible with our football club.

 

Broughton, Purslow and Ayres should be commended for the fight - under massive criticism from fans - that they've taken to the owners on this one. To sell an 'asset' of this magnitude, with debts and hostile owners, is not something we should take for granted that just any ol' git can achieve. If we win the legal challenge - and I can't see Broughton pulling this trick if he wasn't 100% sure we would - then he and his team have worked magic for us.

[Guest ShoePiss]

It's transfer fee's I want them to spend on.

 

There are no transfer fee's in Baseball merely "trades".

 

First impression,I don't fancy this deal.

 

The problem is by the time we are in a position to form a solid opinion on new owners it's already too late to even try to stop a deal.

 

We can look at their financial background, look what they've done in the past but we can't say what they're going to do with us in the future.

 

This bit is encouraging :- "By removing the burden of acquisition debt, this offer allows us to focus on investment in the team"

 

Thing is, I've no idea what they really mean by 'removing acquisition debt'. Are they simply going to pay off the banks and receive a return on that when they eventually sell at some point down the road? Are they going to take dividends each year to help service their purchase debt?

 

Dunno. I can't say whether I fancy it or not to be honest.

[Silly season]

Taken fronm the daily Mail

 

He caused uproar in 2006 by proposing a change of kit and 200 per cent ticket price hike, while some leading American publications have questioned the company founded by the Illinois-born 61-year old.

 

The Boston Magazine reported in March 2006 that it had encountered 'difficulties', while, a year later, the Wall Street Journal and Bloomberg noted further problems with the firm

Read more: Liverpool at war! Boston Red Sox launch takeover bid | Mail Online

 

So......;

 

so a new shirt will cost 300 quid...

 

i think its wrong to speculate to be honest, we dont know what he intends to do with us because it hasnt been made public yet, but what i would say is the Purslow and Broughton hate the yanks as much as we do and want the best for us and they like the offer!

 

i think we have to take something from those facts.

 

our club is a different business from the red sox so it would be wrong of us to assume he will treat us the same.

[llego]

One thing's for certain.

 

Henry Winter & the Boston Red Sox people hate the Yanks as much as we do.

 

Edited October 6, 2010 by llego

[Barzini]

I just hope that the RBS hasn't rushed Broughton into making a deal, they've obviously been swamped by our protests for ages now and are feeling the pressure.

 

I'm slightly concerned that RBS has decided that it doesn't want any part of our club at all, therefore before getting to the stage where the loan gets called in it has pressed for a quick sale.

 

The part that concerns me from the statement is this:

The Board decided to accept NESV's proposal on the basis that it best met the criteria we set out originally for a suitable new owner

So does it completely meet the criteria of clearing the debt and building the new stadium or is it just the best fit out of the two submitted bids?

[TheHitman]

Apparently some papers are reporting the deadline as the 15th so I guess we will see more developments happening. If this is the case we are going to keep the papers happy withy lots to write about.

[hunts_kopite]

Originally Posted by Durango

It's transfer fee's I want them to spend on.

 

There are no transfer fee's in Baseball merely "trades".

 

First impression,I don't fancy this deal.

 

There is a transfer market in Baseball for Free Agents which involves big money contracts for players. Look what happened in 2000 with Alex Rodriguez (A Rod):

 

Rodriguez became a free agent after the 2000 season. He eventually signed with the Texas Rangers, who had fallen to last in their division in 2000. The contract he signed was at the time the most lucrative contract in sports history: a 10-year deal worth $252 million. The deal was worth $63 million more than the second-richest baseball deal.

[llego]

There is a transfer market in Baseball for Free Agents which involves big money contracts for players. Look what happened in 2000 with Alex Rodriguez (A Rod):

 

Rodriguez became a free agent after the 2000 season. He eventually signed with the Texas Rangers, who had fallen to last in their division in 2000. The contract he signed was at the time the most lucrative contract in sports history: a 10-year deal worth $252 million. The deal was worth $63 million more than the second-richest baseball deal.

 

This was widely recognized as a terrible move, paying way over the odds for a player who was just not worth it.

 

A-rod soon moved to the NY Yankees, leaving the Rangers in deeper money troubles than ever before. All it shows is that Hicks' idea of investment is a one-time deal (with borrowed money) to grab the biggest jewel around at any price, sort of like Man City going after Kaka. While the Red Sox and other interested teams quickly backed out, let the fool mess up, and snapped him up on the cheap afterwards.

[Coro]

It's transfer fee's I want them to spend on.

 

There are no transfer fee's in Baseball merely "trades".

 

First impression,I don't fancy this deal.

 

I've got nagging doubts that this deal will make it through the courts.

[stringvest]

These people have been working with Barcap for months. This isn't something that's bring rushed through. Timing of the announcement is to give this the maximum chance of success. Don't be surprised however to hear of more bids over the next few days...

[kacangpool]

i'm being cautious at this stage (we've gone through all this before). hicks and gillett are not out of this one yet either. but it certainly is positive news.

 

now we need to beat the blueshite.

[TopMod]

Robert Preston, the BBC's business correspondent said on 5 live that administration is a real possibility.Here's his blog updated this morning, if already posted, sorry....

 

 

Let's call it Kopside, the soap opera of Liverpool Football Club's attempts to find a new owner and avoid being placed into administration.

 

 

With just 10 days left before Royal Bank of Scotland would seize control of the club as its main creditor, the club has announced that it is negotiating with two bidders it regards as credible, one of which is the owner of the US Boston Red Sox baseball team, John Henry.

 

These bidders are prepared only to offer between £250m and £300m, enough to pay off Liverpool's bank creditors, led by Royal Bank of Scotland - but not enough to provide any recompense to the club's current owners, Tom Hicks and George Gillett.

 

So in an apparent attempt to frustrate the takeover, Mr Hicks and Mr Gillett have sought to remove two Liverpool directors, Christian Purslow and Ian Ayre.

 

But their tactics are dangerous - because Royal Bank of Scotland has made it clear that if no takeover is agreed by next Friday, it will put the club into administration and then sell it to on.

 

RBS's resolve to do just that will have been reinforced by the disclosure that there are two bidders with the resources to pay off all long term debt.

 

As I've mentioned before, if Liverpool goes into administration Mr Hicks' and Mr Gillett's investment in the club of £140m or so would be totally wiped out.

 

Messrs Hicks and Gillett look as though they're perched precariously between the devil and the dark blue water - or are they being squeezed between the inhabitants of the Kop, who detest them, and the occupants of the Anfield Road Stand, who loathe them?

 

That said, the club's chairman, Martin Broughton, would like to avoid administration if possible - since the automatic deduction of nine points from Liverpool's derisory Premier League tally would make it difficult even for a revitalised Liverpool to break free of the relegation zone.

 

UpdateB 0751: It now looks pretty certain that New England Sports Ventures will add the Reds to their stable of sporting assets, which include - as luck would have it - the Boston Red Sox.

 

What is unclear is whether John Henry's US sports conglomerate will buy Liverpool Football Club in a conventional transaction, as a going concern, or whether Liverpool will yet be forced into administration under insolvency procedures - and under those circumstances New England Sports Ventures would buy Liverpool from Royal Bank.

 

The uncertainty arises from attempts by the current owners, George Gillett and Tom Hicks, to block the deal - which would repay the £280m owed to RBS and the US bank Wachovia, but would deliver nothing to messrs Hicks and Gillett.

 

Because of the opposition to the deal of Mr Hicks and Mr Gillett, the ignominy of administration - which would see Liverpool lose nine Premier League points - remains very much a live option for this proud club.

[Tyler Durden]

Don't like this deal if I'm honest, no one really wanted a sugar daddy but we need an injection of cash into the first team, if these had took over from moores originally then I'd be happy but after being raped for years we are now lacking

[Guest ShoePiss]

There's also the reality of having new owners again who know nothing about Football or our club and will probably only come over for a handful of games per season.