Moores leaving present to Rafa?

[disco]

If he found a way to buy the stadium etc. without external finance (i.e. crippling loans) and increased ticket prices etc. etc. then his share is worth a lot more than £75m - I think he's been 'generous' to only ask for that

[Jazzmaster]

To be fair though, I've just looked at Jazzmaster's other posts on here and at first glance he's been a decent, constructive contributor otherwise. Maybe he's just having a bad day, or misunderstood what I was saying, or maybe I just irritate him.

Benefit of the doubt and all that

Jesus I didnt mean to come across all agressive-like. I apologise for any offence caused. Just thought it was a bit too far fetched is all.

I shall get a grip of myself in future. (jazzmaster emits childish giggle)

[alunevans]

Jesus I didnt mean to come across all agressive-like. I apologise for any offence caused. Just thought it was a bit too far fetched is all.

I shall get a grip of myself in future. (jazzmaster emits childish giggle)

No probs matey. Like I say, you're other mails show you in a good light. Probably is very far fetched. Was just chewing the cud and that

[enema of the state]

Moores has been a fantastic Chairman, and it is only in the last couple of seasons we have been a bit short of money. Before that he has ALWAYS backed his Manager with plenty of cash, so I for one do not begrudge him one single penny out of that huge profit. Good luck to him - hope he stays on at the club and sees our club win that elusive No.19Championship.

Now is the time for DIC to deliver.

[Lecter]

He'll walk away in his denim jeans with the whole caboodle

Hes entitled to

Anyone who thinks he should give back any of his profit to the club is a fecking nutcase

[Lecter]

Yes he did, but from previous discussions my understanding was that this was part of his initial investment which got him the 51% majority. I'm sure there's people on here with more knowledge of how the cash works that can confirm or deny that.

Moores originially inherited part of his shareholding from either his father or uncle (cant remember which) think he had about 10% initially

Moores then underwrote a share rights issue think it was £17 million (if I remember rightly) which went towards the cost of building the Centennary Stand

Take up by the supporters and minor shareholders was appalling and Moores had to shell out virtually the full amount

In return it took his shareholding upto 62% part of which he then sold to Granada (he may have ploughed some of this cash received back into the club I'm not sure)

[armitage]

he's staying on as chairman apparantly (unwaged, although he was offered a fat salary which he refused). he's the only current chairman/majority shareholder in the league who doesn't draw a salary and like someone says funded the centenary out of his own arse pocket. Top bloke, good luck to him. Now we'll get the financial and strategic accument we've been missing for years and he'll get his just rewards for his service by seeing us rise to the pinacle again #crosses fingers desperately#

[Fan65]

£65 million doesn't go far these days... just ask Becks , he's only getting a deal worth £125 million but luckily he's not going there for the money.

All these mega deals are just bewildering to us normal folk.

[kopdan]

Hes entitled to

Anyone who thinks he should give back any of his profit to the club is a fecking nutcase

I agree

[REDSCOUSER]

Good topic that Alun.
Don't think he'll give any of it back to the club. He has invested millions in the club so I think he's entitled to re-coup the profit on the the initial 10£ m.
DIC should be the ones giving Rafa a wee present.

[Red_Polo]

No chance

[einar]

Well if I was him and was staying on the board I would use that money to chip in the few mills needed if a top priority player was pried out side the budget, a la Alves or Simao.

This is not gonna happen though.

He is not gonna give his money to DIC.

[nobbylad]

Well if I was him and was staying on the board I would use that money to chip in the few mills needed if a top priority player was pried out side the budget, a la Alves or Simao.

This is not gonna happen though.

He is not gonna give his money to DIC.

If I was him and staying on the board, I'd offer DIC a loan with a reasonable rate of interest if they needed any more cash.....not that they will though.

[rushscored4]

I can't be arsed reading through all the replies but as far as I am aware it isn't David Moore's own money that is invested in the club but funds held in the Moores Family Trust. Putting my business head on, the Trustee Investment Act 2000 is quite strict in what it allows as investments from a Trust so probably all Moores could do would be to lend the money to LFC although there needn't be any fixed redemption period just a standard clause to say the loan is "payable on demand".

This is what I believe Jack Walker did for Blackburn Rovers and explains why they can still fund transfers even with gate receipts lower than many Championship sides. No doubt Abramovich's 'investment' into Chelsea is also a loan repayable on demand because then it would act as a liability on his estate when he dies thus reducing his family's Inheritance Tax liability by 40% of the amount of the loan/investment.

[thesilverfoxlfc]

Its his money and has given alot to the club. I doubt he would or should give more money know. DIC should give us the money we want