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Marko121

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Everything posted by Marko121

  1. They were scared to give him the job. When Rafa spoke out, it split the support ( ie some behind him, some thinking he was moaning ) If Hodgson speaks out, it will again split the support as some didnt want him in the first place. Imagine how many would listen if Kenny was Manager and spoke out. If they sacked him for it they would be fucking lynched ( Which they should be anyway)
  2. RBS ready to step in to force swift Liverpool sale - Telegraph RBS ready to step in to force swift Liverpool sale Royal Bank of Scotland may take direct control of attempts to find a buyer for Liverpool. It comes amid growing unease at the failure to remove American Tom Hicks and George Gillett ahead of next month's refinancing deadline. Officially the bank supports the sales process being handled by Liverpool chairman Martin Broughton and investment bank Barclays Capital, but with just 25 days until the expiry of RBS's financing deal with the Americans, the issue is becoming acute for RBS. Among the narrowing options being considered by executives, including chief executive Stephen Hester, is for RBS to take greater control of the process from BarCap. This would simplify any deal-making process and could allow the bank to try to force Hicks and Gillett to accept a lower price for the club than the �500 million-plus valuation that looks increasingly unrealistic. The terms of RBS's �237 million loan to the American owners expires on Oct 6, and if no buyer is realistically close to sealing a deal then the bank will have to decide whether to call in the debt, effectively forcing Hicks and Gillett out, or offer a further extension. Neither option is straightforward, but The Daily Telegraph understands that RBS will extend the financing deal for a short period only if Broughton indicates there is a realistic chance of a deal being closed quickly after Oct 6. The bank is extremely reluctant to step in and take direct control of the club however, hence the desire to press hard for a deal in the 25 days before the financing deadline. Any deal remains reliant on a suitable bidder being interested in the terms on offer however, and Broughton and BarCap have been frustrated in their search for a credible buyer by the American's price expectations and the debt burden. They began the search in April after Hicks and Gillett agreed to sell the club and to the appointment of Broughton, chairman of British Airways. At that time the owners' loans were shifted from RBS's corporate lending arm to their "bad bank", the Global Restructuring Group established in the wake of the global financial crisis to handle its over-leveraged and problem clients. BarCap are understood to have made a slow start in the search for new owners. Despite a very public approach, Chinese businessman Kenneth Huang pulled out without making a formal bid amid doubts over the source of his funding, and India's Sahara Group said it was not interested in a deal "at the moment". The US investment house the Rhone Group made a �100 million offer for a 40 per cent stake earlier this year Unless RBS can identify a new buyers they may be forced to return to the existing field offering the club at a reduced price. To do that they will have to call time on Hicks and Gillett, a step they have so far declined to take.
  3. Liverpool board would block mortgage attempts - Barclays Premier League - ESPN Soccernet By Harry Harris, Football Correspondent September 7, 2010 Liverpool's owners George Gillett and Tom Hicks attempted to refinance their loans this summer by mortgaging the club's remaining assets - the stadium, training ground, players and guaranteed TV revenues. There are fears the American owners might attempt another refinancing deal ahead of the October 6 deadline to repay £237 million owed to Royal Bank of Scotland, plus the £60 million of additional fees run up since April. But the rest of Liverpool's five-man board would - once again - legally block any attempt to use the players or stadium as 'assets' to raise a mortgage to pay off existing debts. Any refinancing will be opposed by the board who can outvote Hicks and Gillett 3-2, but the Americans might issue a legal challenge. At present, the £40 million annual interest repayments come directly from club profits but ESPNsoccernet has learned that the debts are not loaded against the stadium and players. When Hicks and Gillett tried to find a new £290 million 'mortgage' using the stadium and players as assets a few months ago, the board threw out the proposal and took legal advice to ensure that they were within their rights to do so. With the October 6 bank deadline rapidly approaching, Hicks and Gillett stand to lose their stranglehold on Liverpool if RBS chooses to take over the club and hand it over to their asset recovery experts to sell as a distressed asset. An RBS effective takeover of the club from the October 6 deadline would meet with Premier League approval. Liverpool have also informed the Premier League and UEFA that they have set aside financial measures to ensure that they can continue to pay the £8 million-a-month wage bill and fulfil their fixtures this season. When asked if the club could still afford their substantial wage bill, a spokesman said: "Liverpool FC has prudent working capital facilities that allow the club to make proper provision for outgoings as and when they arise. These working capital facilities are totally satisfactory to both the Premier League and UEFA." The annual wage bill in the 2008-09 accounts was £90.8 million and this year the figure will be around the same, but for the first time Liverpool have dipped into the red. When asked whether the crippling £40 million interest repayments which wipe out all operating profits are paid monthly, putting a strain on the club's cash flow, the response was that, as such detail is not a matter of public record, the club have declined to answer. However there are fears that the club is heading for financial meltdown unless a new owner can be found, and so far there are no "credible" bidders. There has been nothing from a mystery bid involving Keith Harris, let alone the Kenny Huang bid that also failed to materialise. City experts are now estimating that Liverpool's price tag in an RBS fire sale could be as little as £150 million, far short of the original expectations of Hicks and Gillett, who demanded £800 million and then dropped their asking price to £600 million. Talk of a takeover before the transfer window proved to be a disappointing false dawn, and City financiers believe the value of the club will now plummet. Liverpool suspect that potential new owners are waiting to grab the club for a knock-down price when RBS faces the prospect of selling the club itself from the October 6 deadline, when the bank's £237 million loan has to be repaid. We are in (even more ) serious shit if this happens
  4. I dont think thats really the issue mate, its more about how much of a joke thisclub has become
  5. Maybe no this time. Call me old fashioned if you like
  6. Whats wrong with having a quiet press conference? Or would you rather we open the ground and have people buying the shirt before he has kicked a ball for us
  7. Parading new signings on the pitch and mentioning Toivanen & Konchesky ( like him or not ) on the offal. We are only a step away from opening the ground and putting someone on a pedastle ( Owen, Shearer etc ) Not our way at all
  8. Looks like we are selling them. I worry for this club
  9. Sky Sports | Football News | Premier League | Liverpool | Fulham line up Reds pair Wonder how much we are getting for them??
  10. When you settle for 2nd best, that's what you get. We, the fans have been too quiet for too long. There was a day when some of the sub standard players, the fucking MD and the bastard owners would have been run out of fucking town
  11. Just want to get the message out that their one priority at the moment is to rid themselves of RBS to buy more time.
  12. I know you are a respected poster on here, but i really cant ellaborate. This info comes from a trusted source who says its a strong possibility.
  13. I would suggest that as much as RBS would like to, there is proably a clause saying that they cannot sell the debt to a 3rd party
  14. Don't ask how I know this as I cannot say but talks with Barcap about a re-finance started last Wednesday
  15. So there is the tactic - play lip service to a sala and piss off every buyer that comes to the table until they get frustrated and walk away
  16. I've thought this from the beginning mate. They have been paying lip service to the banks all along
  17. They dont want to sell - so will try to piss off any bidder who comes forth, so they will go away
  18. This has been my feeling from the beginning - They pissed the sheik off until they walked away and are now pissing Huang off until he walks. They will not leave until they are dragged away I dont think RBS will re-finance but my fear is that someone else might
  19. Premier League starts this weekend. All the best for #LFC!! Come on reds!!! YNWA!! @aarbeloa17
  20. Sorry cant start new thread for this Someone on RAWK reckons Moores is to attend games at Anfield again. Could be an indication that the yanks are on the way out Greedy cunt not welcome in my opinion
  21. Proposed Chinese takeover of Liverpool FC 'would not involve direct government ownership' Aug 6 2010 Kenny Huang The proposed takeover of Liverpool by a Chinese consortium would not involve direct ownership by the country’s government, although they may have a passive role in the organisation, it has been claimed. More details of the bid fronted by Hong Kong-based businessman Kenny Huang have come to light after it was revealed the Chinese investors are being assisted by Chicago-based company Sportscorp. The consortium have yet to table a bid, although Liverpool have now requested all parties prove by next week they have the money to back up their interest, but appear to be in pole position to replace American duo Tom Hicks and George Gillett. If successful Huang and Guang Yang, executive vice-president of Franklin Templeton Investments and chief investment officer of the China Life/Franklin Templeton Fund, would be in charge of a limited liability corporation in control of Liverpool. Other investors, including China Investment Corp - the country’s sovereign wealth fund - would be passive with no more than a 20% share. The Chinese bid has four major aims: to leave Liverpool debt-free; make significant investment and construct the long-awaited new stadium in Stanley Park; provide a considerable sum for transfers and expand more actively into the Asian market. However, those behind the plan - the broad details of which have already been submitted to Liverpool chairman Martin Broughton and Barclays Capital, who are running the sale of the club - insist their offer would not be financially beneficial to Hicks and Gillett. “future and nWhat is not one of our goals is the enrichment of the existing owners,” said head of Sportscorp Marc Ganis, who suggested should the takeover be successful there would not be widespread change behind the scenes at Anfield. “If we submit a proposal and it is accepted, it would be focused on the ot the past.”
  22. Unfortunately - Season long loan Sorry if posted elsewhere
  23. I reckon Sky are deffo being fed by G & H. That Cannon Cunt can fuck off as well. Sky would hate it if anything good ever happened to us. Manc loving twats
  24. Just been on Sky Sports News that the judge in the Texas Rangers Admin case has ruled that the Creditors can go after Hick's other companies. Bet RBS want us sold quicker now
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