Financial situation, doom & gloom reports etc

[The Preacher]

DIC must be pissing themselves at our current situation. With the crash of the US financial markets the American owners no longer have the funds available to make good on their promises of a better team, a better stadium and better future for the club that we all love.

It really hurts me to see us in this way especially since this is the best start to a premiership campaign that we have had for a long time. The uncertainty around the managers' position, the january acqusitions and the stadium plans have left us thinking what have we got ourselves into.

When they were chosen as the preferred bidders over DIC, a lot of people thought that Moores and Parry wouldnt have made this decision without a lot of thought and consideration for the future of the club. No doubt Hicks and Gillett did a fantastic marketing pitch which they were obviously taken in by.

We all wanted to give them a chance to show us what they were worth and that press conference at anfield was a good start but it now looks as if it was all just false promises.

Yes the US money markets have crashed but there is no question that Hicks and Gillett would have known about the coming uncertainty because of economic indicators. They would have known about the credit problems coming up and they still went ahead and bought us.

My question is why would you do that to fans who spend their hard earned money supporting their club, fans who have loved this club for longer than they can remember.

Why would they **** around with us?

[rage]

the credit crunch is not stopping them from borrowing, infact interest rates have gone down in the states and will continue to do so. the credit crunch is linked very much to sub-prime lending, these guys are not sub prime borrowers. They still have the funds, the question is did they ever really intend to spend a penny of their own money?

these guys are not ****ing around with us, their making money out of us. Very soon i have the feeling that we will be up for sales at 100%+ more than what they bought the club for.

[sonsofthedesert]

the credit crunch is not stopping them from borrowing, infact interest rates have gone down in the states and will continue to do so. the credit crunch is linked very much to sub-prime lending, these guys are not sub prime borrowers. They still have the funds, the question is did they ever really intend to spend a penny of their own money?

these guys are not ****ing around with us, their making money out of us. Very soon i have the feeling that we will be up for sales at 100%+ more than what they bought the club for.

All central banks have released billions of funds to the markets this week as interest rates are not dropping. Even though the base rate is dropping the rate at which business and the public lends at is not. You are talking as if you are an expert when you have as little knowledge as everyone else, myself included.

[The Preacher]

the credit crunch is not stopping them from borrowing, infact interest rates have gone down in the states and will continue to do so. the credit crunch is linked very much to sub-prime lending, these guys are not sub prime borrowers. They still have the funds, the question is did they ever really intend to spend a penny of their own money?

these guys are not ****ing around with us, their making money out of us. Very soon i have the feeling that we will be up for sales at 100%+ more than what they bought the club for.

deals like these are classed as risky investments and therefore will be drawn into the credit problem. the money for these sorts of risky deals is not as available as it was 6 months ago and banks are no longer willing to lend large amounts of money to risky projects.

[blacky]

Would we still be an attractive proposition to DIC?

[rage]

we'll see how this plays out then.

My cards on the table..i think the yanks bought the club as a good idea at the time, always looked to make money off it and are now looking for a way to make as much money as possible alongside investing as least as possible. They'll achieve this by selling up.

I'll revisit these posts over the coming months and if i'm wrong then i'll happily wave the american flag in the kop.

[blacky]

we'll see how this plays out then.

My cards on the table..i think the yanks bought the club as a good idea at the time, always looked to make money off it and are now looking for a way to make as much money as possible alongside investing as least as possible. They'll achieve this by selling up.

I'll revisit these posts over the coming months and if i'm wrong then i'll happily wave the american flag in the kop.

I think your spot on there. We mean nothing to them. A cash cow and if we stop being so then they will sell up and make a profit. I wonder if DIC are monitoring this situation. The weakness of the dollar and the credit crunch would have little impact on them and with the planning permission for the stadium in place we are obviously on the brink of greatness.

[The Preacher]

Would we still be an attractive proposition to DIC?

these guys are amongst the most wealthiest people on the face of the earth afterall the DIC group is the investment arm of the Dubai government which is ruled by the Sheikh. They have the resources no problem and the £200m or so they would need to buy us would be pocket change to them. The real issue is whether they would want to get involved with us again after being shafted by moores and parry.

But I dont want to be alarmist over this - in 3 months everything might be completely different and all looks rosy - we're doing well in the league and CL, rafa is still the manager, the squad is getting stronger all the time, the stadium construction is underway.

The alternative is just too black to think about - rafa is sacked, some of the players like torres, alonso, reina leave, the stadium plans are completely abandoned and we stay at anfield.

Even worse a scenario is that the americans see our asset base and look to balance their books in america because of the credit issue - we have to sell our star players, and then once stripped of all assets - they put us up for sale. A shell of a club.

But this is the MOST extreme case and its unlikely ever to occur. But if they are thinking about sacking rafa, shelving the new stadium plans and not investing in the team, - what else might they be thinking about ?

[Neil Young]

i think the yanks bought the club as a good idea at the time, always looked to make money off it and are now looking for a way to make as much money as possible alongside investing as least as possible. They'll achieve this by selling up.

I think many of us believed that at the time and nothing has happened to change our minds. Of course some believed that these two businessmen were going to be "saviours of the club" (as though we needed saving) and welcomed them seemingly without any concerns whatsoever but there's nothing much wrong with a little optimism.

Since they took over we have spent a reasonable amount of money - less than many of us hoped maybe - but, for whatever reason, whether it be an injection of funds or Rafa's ability to make money out of sales, the playing squad has undoubtedly improved.

I don't care about the supposed "embarrassment" of the stadium plans being downgraded or them selling up to some other business people. I do care if Rafa leaves, whether it's his decision or someone else's.

[rage]

these guys are amongst the most wealthiest people on the face of the earth afterall the DIC group is the investment arm of the Dubai government which is ruled by the Sheikh. They have the resources no problem and the £200m or so they would need to buy us would be pocket change to them. The real issue is whether they would want to get involved with us again after being shafted by moores and parry.

But I dont want to be alarmist over this - in 3 months everything might be completely different and all looks rosy - we're doing well in the league and CL, rafa is still the manager, the squad is getting stronger all the time, the stadium construction is underway.

The alternative is just too black to think about - rafa is sacked, some of the players like torres, alonso, reina leave, the stadium plans are completely abandoned and we stay at anfield.

Even worse a scenario is that the americans see our asset base and look to balance their books in america because of the credit issue - we have to sell our star players, and then once stripped of all assets - they put us up for sale. A shell of a club.

But this is the MOST extreme case and its unlikely ever to occur. But if they are thinking about sacking rafa, shelving the new stadium plans and not investing in the team, - what else might they be thinking about ?

club merger with everton,

only joking, i'm just as much looking forward to the game as i am the meeting between rafa and the owners.

i would be ecstatic if dic came back in. If nothing else i appreciated their grace, even when they were outbid. Anyone remember the statement at the end about them being fans?

[peekay]

these guys are amongst the most wealthiest people on the face of the earth afterall the DIC group is the investment arm of the Dubai government which is ruled by the Sheikh. They have the resources no problem and the £200m or so they would need to buy us would be pocket change to them. The real issue is whether they would want to get involved with us again after being shafted by moores and parry.

But I dont want to be alarmist over this - in 3 months everything might be completely different and all looks rosy - we're doing well in the league and CL, rafa is still the manager, the squad is getting stronger all the time, the stadium construction is underway.

The alternative is just too black to think about - rafa is sacked, some of the players like torres, alonso, reina leave, the stadium plans are completely abandoned and we stay at anfield.

Even worse a scenario is that the americans see our asset base and look to balance their books in america because of the credit issue - we have to sell our star players, and then once stripped of all assets - they put us up for sale. A shell of a club.

But this is the MOST extreme case and its unlikely ever to occur. But if they are thinking about sacking rafa, shelving the new stadium plans and not investing in the team, - what else might they be thinking about ?

If DIC wants to buy our club now will G&H sell it at the price DIC offered initially. I dont think so. So will DIC swallow their pride and agree to pay 150-200 % more than what they initially offered a year ago. I very much doubt so.

[Darth Marty]

club merger with everton,

only joking, i'm just as much looking forward to the game as i am the meeting between rafa and the owners.

i would be ecstatic if dic came back in. If nothing else i appreciated their grace, even when they were outbid. Anyone remember the statement at the end about them being fans?

As Liverpool fans do we really think that we will get so lucky?
We do things the hard way my friend!
But I too think that would be the best possible outcome at present.
Live in hope eh?

[blacky]

I'd like to think that DIC would not let the actions of PArry and Moores cloud their judgement. The club and fans did not shaft them. We are still the same attractive proposition if not moreso then we were at the start of the year. If they are proffesional businessmen then their pride would not get in the way. If they are "fans" as they proclaimed then surely they are monitoring this situation very closley.

[blacky]

If DIC wants to buy our club now will G&H sell it at the price DIC offered initially. I dont think so. So will DIC swallow their pride and agree to pay 150-200 % more than what they initially offered a year ago. I very much doubt so.

Why 100 - 200%. H&G have invested very little in the club so far. The CL and TV deal money was used for player purchases and no work has started yet on the stadium bar the planning. There is no way the clubs value has jumped from 200 odd million to 600 plus in 8 months as it's ludicrous to think that is the profit they would look for.

[sonsofthedesert]

I don't care about the supposed "embarrassment" of the stadium plans being downgraded or them selling up to some other business people. I do care if Rafa leaves, whether it's his decision or someone else's.

I care about the stadium if it leaves us with another identicle bowl stadium. I want to see a single tier Kop, seperate from the other stands holding nearly 20,000 people. I want a stadium for the club that will ultimatly hold over 70,000 people (infact nearly 80,000). Anything else will be a shame and hold the club back in the long term.
If this AFL design is great and will ultimatly hold enough then ok but I feel a bowl and 70,000 (which would be rejected at the mo) or 60,000 with no chance of expansion is a bigger problem long term than anything else.

We have been promised 76,000+ long term and a single tier Kop so it should be delivered.