Financial situation, doom & gloom reports etc

[JohnDoe]

This is just media speculation. If I were a journalist who had to gamble on an outcome in this meeting, this is a pretty good bet. However, it is still based on nothing factual.

[Crazy-Horse]

Which is worrying me the most. Both of them love being in the media spotlight and giving soundbites. However, the fact that they are keeping quite in a reasonably turbulent period is a bit unnerving.

But wouldn't they alreadybe giving their side of the spin if there was a problem???

Maybe G&H's and their PR people believe that it is all a beat up by the UK tabloid press, and don't realise that people are planning mass resistance, hunger strikes and riots on the Kop because of the Daily Mail and co, which after all, always get their stories straight from the wheelie bins of Melwood.

YNWA

[sonsofthedesert]

You're right DS, no confirmations yet that they have done anything wrong, although I think we can rightly assume they are about to put a **** load of debt on the club which includes the cost of buying the club when they promised they wouldn't, and we're not sure whether they're backing Rafa to the extent they said they would (although again, we can make assumptions based on what's been said, and I mean by the main protaganists and not by the press).

Irrespective of putting us in debt, going for the ****ter stadium etc, if they sack Rafa I will not be lining the Americans' pockets any more. I would not give them a penny when I have no faith in what they're doing with our club. I can't go there and support a manager who I feel has no right to be there when we had a better man for the job and got rid of him because he fought for the good of the club. I'll still support the red men, the players that go out on the pitch, but it will have to be from a distance. Why the **** should I give up my hard earned cash to a bunch of clowns.

If truth be told, what we've seen and heard from the Americans and Parry this last month, and more crucially what we haven't heard from them, I'm very sceptical about them and their motives. If I'm honest, I wish we never sold out to the yanks.

The bit in bold is my only problem with this, we can't assume anything we should just wait and see what happens. If there is proof that they are going to do something wrong then we can go mental but there are people on these forums that are making assumptions and going off on one.

[el matador]

things get even worse

It turns out that hicks and gillett are struggling to re-finance the loan that they took out initially to buy the club.

Additionally, they are now trying to remove their own personal guarantees to secure the loan - meaning that the club would be 100% responsible for the total debt.

Its not a good scenario - in fact its identical to what happened at Man u - just what hicks and gilett said wouldnt.

[Icon]

Source?
Evidence?
Facts?
Proof?

[kopdan]

can we shut this forum until the summer?

[desertscouser]

Let's just wait and see. All ths doom and gloom is starting to really do my f**king head in.

All I want is for us to beat the Mancs today.

[cannotmakeit]

suddenly all the negative news come from people who just signs up. WUM

[Owen20]

Let's just wait and see. All ths doom and gloom is starting to really do my f**king head in.

All I want is for us to beat the Mancs today.

Hell yeah!!!

[Red_Polo]

suddenly all the negative news come from people who just signs up. WUM

It's 2007 now to be fair.

[Red_Al_77]

suddenly all the negative news come from people who just signs up. WUM

He joined before you. Over a year ago.

[pezzzer]

if the crunch talks with h and g go tits up, meaning they tell rafa he is just a coach and transfers will be handled by lap dog parry i wouldnt blame benitez for walking.

i've got this horrible feeling that the greatest club in world football is now in the hands of 2 fumbling yank pensioners with money troubles at home. ace.

[Oberon]

They didn't pay for him themselves. The money was already there from the CL and the new TV deal

They own the club, therefore it's their money.

Why is everyone so desperate to believe all this? I haven't seen any proof that justifies the waste of electrons (including mine) that is going on here.

All we know is Benitez has had a difference of opinion with his bosses and they're going to talk about it to sort it out. The rest is speculation and reaction to speculation.

Lets cuff the mancs!

[el matador]

Source?
Evidence?
Facts?
Proof?

From the telegraph... http://www.telegraph.co.uk/money/mai...6/cnlfc116.xml

The pair are trying to refinance a bridging loan provided by Royal Bank of Scotland, which they used to carry out the original £219m purchase of the club.


Liverpool captain, Steven Gerrard leaps for the ball at Anfield while playing against Tottenham

However, it is understood that the refinancing - which is also intended to raise an extra £450m to build a new stadium - has had to be put on hold as a result of the recent turmoil in the credit markets.

Hicks and Gillett are also trying to remove their personal assets as security for the original acquisition debt. During the takeover, Liverpool chairman David Moores, who owned just over half of the club, insisted that none of its assets could be used as collateral for the loan to finance the takeover.

As a result, Hicks, who controls the Dallas Stars ice hockey team and the Texas Rangers baseball team, and Gillett, the owner of the Montreal Canadians ice hockey club, offered their own US-based assets as security instead, according to people familiar with the matter.

It is not clear why Liverpool's new owners want to remove their own assets as security for the club's debt, although a refinancing needs to be completed by the end of February 2008, when RBS's bridge loan expires.

advertisementWachovia, the American bank, is thought to be leading the refinancing of the RBS bridge loan.

[cannotmakeit]

sorry mis-read the joined date.