Is this good or bad.

[rushscored4]

Cheers for the welcome people. Clearly none of us have got a clue what it means, sure someone will be along who can clear things up, if not someone will pretend they know

Pocket Rocket (Rhodders) is a junior trainee assistant accountant so he'll tell us what it all means. If not, at least he'll tell us how to make a nice cup of tea...

[Agger the Dagger]

not overly thrilled about being too highly geared, but the Mancs have gone down the debt versus equity route and appear to be still financially sound.

For now. One **** season can change things a whole lot.

But **** them, how are WE going to raise half a billion pounds??
Unless that NASCAR deal is somehow connected...

[Rocket]

Pocket Rocket (Rhodders) is a junior trainee assistant accountant so he'll tell us what it all means. If not, at least he'll tell us how to make a nice cup of tea...

they need a new investment banker, in a nutshell.

in basic terms, us folk in the UK call it gearing.

100% means your totally debt structured
0 % means your totally equity structured (shares etc)

both has advantages, being too highly geared can be dangerous, because no matter how you perform, you have to pay interest, where as if you perform badly, you can usually avoid paying dividends.

there's nothing too much in that really, it was fairly obvious from the start that the Americans weren't putting all the money up to buy the club without any debt.

[kurtangle01]

they need a new investment banker, in a nutshell.

in basic terms, us folk in the UK call it gearing.

100% means your totally debt structured
0 % means your totally equity structured (shares etc)

both has advantages, being too highly geared can be dangerous, because no matter how you perform, you have to pay interest, where as if you perform badly, you can usually avoid paying dividends.

there's nothing too much in that really, it was fairly obvious from the start that the Americans weren't putting all the money up to buy the club without any debt.

So in other words no investment bankers means no stadium and no bridging loan paid to RBS, right?

[Rocket]

So in other words no investment bankers means no stadium and no bridging loan paid to RBS, right?

in reality, there will always be lenders of cash.

[rushscored4]

they need a new investment banker, in a nutshell.

in basic terms, us folk in the UK call it gearing.

100% means your totally debt structured
0 % means your totally equity structured (shares etc)

both has advantages, being too highly geared can be dangerous, because no matter how you perform, you have to pay interest, where as if you perform badly, you can usually avoid paying dividends.

there's nothing too much in that really, it was fairly obvious from the start that the Americans weren't putting all the money up to buy the club without any debt.

Cheers, Rhodders...

...and two sugars in mine please...

[Agger the Dagger]

they need a new investment banker, in a nutshell.

in basic terms, us folk in the UK call it gearing.

100% means your totally debt structured
0 % means your totally equity structured (shares etc)

both has advantages, being too highly geared can be dangerous, because no matter how you perform, you have to pay interest, where as if you perform badly, you can usually avoid paying dividends.

there's nothing too much in that really, it was fairly obvious from the start that the Americans weren't putting all the money up to buy the club without any debt.

My immediate concern is if we have the money to build that cushy new stadium - or will it go belly up b4 the first JCB arrives!

[steveheighwayrobbery]

So the article is basically saying that we haven't been able to secure the money for the stadium or to pay the bridging loan that was taken out to actually buy the club, is that right?

Almost, the bridging loan is in place, they are just looking to refinance it. at the same time they would like to link that refinancing for a wider loan to pay for the stadium. The ugly feckers from Manusa had similar problems when they were launching their take over bid. They sacked their financial advisers from memory. The market is very volatile at present so it is cautious on delas this size.

[Rocket]

Cheers, Rhodders...

...and two sugars in mine please...

go and speak to dazza about pensions or something

i don't work in investment banking or corporate financing, i understand the majority of it but am not an expert on the subject.

i bet someone on here will be able to explain further

[disco]

they need a new investment banker, in a nutshell.

in basic terms, us folk in the UK call it gearing.

100% means your totally debt structured
0 % means your totally equity structured (shares etc)

both has advantages, being too highly geared can be dangerous, because no matter how you perform, you have to pay interest, where as if you perform badly, you can usually avoid paying dividends.

there's nothing too much in that really, it was fairly obvious from the start that the Americans weren't putting all the money up to buy the club without any debt.

Nicely Googled :whatever:

[Rocket]

Nicely Googled :whatever:

go speak to RS4 about pensions

[disco]

go speak to RS4 about pensions

[kurtangle01]

in reality, there will always be lenders of cash.

Almost, the bridging loan is in place, they are just looking to refinance it. at the same time they would like to link that refinancing for a wider loan to pay for the stadium. The ugly feckers from Manusa had similar problems when they were launching their take over bid. They sacked their financial advisers from memory. The market is very volatile at present so it is cautious on delas this size.

Thanks, lads.

I have no idea about these things so it's nice to get some people in the know to clarify things for me.

[rushscored4]

I always thought the phrase "highly geared" meant a new Lacoste trackie and a clean pair of white adidas Sambas...

[Kenneth]

How the **** can it cost 400 million quid to build a stadium in liverpool?