LFC Debt

[Tom]

Yes what worries me, is suddenly we ARE now borrowing against the clubs assets where previously G&H were taking the risk. That's a significant difference. We're in the same boat as manure and arse except we'll owe more......

if you're not worried about that, I'll have some of what your on please

[Pacman]

Yes what worries me, is suddenly we ARE now borrowing against the clubs assets where previously G&H were taking the risk. That's a significant difference. We're in the same boat as manure and arse except we'll owe more......

if you're not worried about that, I'll have some of what your on please

I'll wait for the count to tell us we're screwed before I get worried

[Tom]

I'll wait for the count to tell us we're screwed before I get worried

very funny but it doesn't really answer the point

[Imy]

The other thing is that we don't want the club to be up to their eyeballs in debt whereby it infringes on the players that can be signed (or not) and for us fans mean that prices get hiked up to London prices.

[sonsofthedesert]

I think we should wait and see what actually happens, this is a reporter coming up with a story and adding loads of bits to make it interestng. You are all jumping the gun, we all know that reporters can put some **** in papers at time.

[disco]

Yes what worries me, is suddenly we ARE now borrowing against the clubs assets where previously G&H were taking the risk. That's a significant difference. We're in the same boat as manure and arse except we'll owe more......

if you're not worried about that, I'll have some of what your on please

I don't think we owe more.

It's just a bigger amount relative to our profits, apparently.

[sonsofthedesert]

So we would owe more than scum who owe £750m?

[Pacman]

very funny but it doesn't really answer the point

I think it answers the point.

One week we are screwed because the yanks are skint and wont give Rafa the transfer funds he wants the next we are screwed because they are going to saddle us with loads of debt.

I'm sorry but so far G&H have been true to their word therefore I am not worried.

[Guest]

I won't, from personal experience, believe anything from Yanks, until I can see it face value.

[sonsofthedesert]

I think it answers the point.

One week we are screwed because the yanks are skint and wont give Rafa the transfer funds he wants the next we are screwed because they are going to saddle us with loads of debt.

I'm sorry but so far G&H have been true to their word therefore I am not worried.

Judge them on what they have done and not some **** made up by a reporter. Start to worry if there is proof.

[Rocket]

nobody can make comment until the see the forecasts and projections, then you can judge it.

you also need to know what assumptions they are based on.

ie. Leeds united over spent/over borrowed, and realisitcally required success to be able to afford it, they didn't, and went bankrupt.

[CAD]

um, can we think this through

monetary policy, ie interest rate policy is used when the economy is strong, over heating to avoid inflation. Hence currently, interest rates are fairly high in comparison to recent years

in an economic downturn, its far more likely that interest rates will fall, to encourage growth.

And when there is a downturn and the interest rates stays up it's called a recession. It is a very plausible scenario.

You would have to be very light hearted not to be concerned given the current supprime crises etc. This is not the perfect time to take up huge loans. It was when Glazer did it. We will probably not get the same rates as Scum/Glazer has secured. When we look at the turnover in LFC as a business, a 500 mill£ loan is quite a lot!

Ultimately we may end up not owning the new stadium.

[CJ]

ok this jusge them on what they have said.

they said all loans where secured against G&H if this turns out to be the case then they have not been true to their word.

To me they seem ok. but if they have to they will cut and run as will any invester. They are good salesmen and seem to be doing well so far. but to bury your head in the sand is a bit silly. keep an open mind not just a rosy one

and no one has commented that we have to pay the debt back at some point not just the interest.

[CAD]

ok this jusge them on what they have said.

[Rocket]

And when there is a downturn and the interest rates stays up it's called a recession. It is a very plausible scenario.

no its not.

a recession is just a fall in GDP for 2 consecutive quarters.

i can't be arsed to get techincal, its just not worth it.