Financial situation, doom & gloom reports etc

[el matador]

sorry mis-read the joined date. but he is still a WUM in my opinion. Is that ok?

im a worried liverpool fan like most of the other readers on this forum.

[carlton]

Thats to be expected. Hicks is a leveraged buyout specialist and thats how he got rich-by using other people money not his own. Moores may have insisted at the time that they couldnt use the clubs assets as collateral when they bought the club but Moores is gone and they will now do what they like. The big worry here is that Manure already had a big stadium and years of success when the Glazers loaded them with debt so they had the revenue streams to service debt. We dont have the revenue streams at the moment and thus are more reliant on on-field success like CL qualification. If this stadium ever gets built it would be worth paying extra to get it built asap.

[Paul12]

Guys, there is not much in this report to worry about. The facts are: (1) They must refinance the loan. (2) Market conditions are much more difficult for this sort of thing than they were when the loans were first taken out. (3) They want to refinance on the best terms possible, and that means both interest terms and security terms. (4) Good businessmen always try to isolate the credit risk arising on loans so a failure in one area of their 'empire' does not impact on another area of the business. However, that often has to be balanced against the higher interest rates that often result from that.

I think we should be worrying about today's game rather than getting worked up over normal behaviour.

[The Preacher]

Guys, there is not much in this report to worry about. The facts are: (1) They must refinance the loan. (2) Market conditions are much more difficult for this sort of thing than they were when the loans were first taken out. (3) They want to refinance on the best terms possible, and that means both interest terms and security terms. (4) Good businessmen always try to isolate the credit risk arising on loans so a failure in one area of their 'empire' does not impact on another area of the business. However, that often has to be balanced against the higher interest rates that often result from that.

I think we should be worrying about today's game rather than getting worked up over normal behaviour.

i agree that we should focus on the game - but this report is worrying because our new owners are doing things they said they wouldnt like burdening our club with debt (im not naive enough to think that this wouldnt have happened anyway - but they said this wouldnt happen) - and not investing in the team.

Remember about 2 months ago benitez came out and said that he had £25m left in the kitty for jan transfers but this is obviously not the case now - as benitez has said - something has changed.

No doubt the credit crisis in america has contributed to this - but surely they would have known about the coming issues - why did they go ahead and buy the club with so much finance sourced from third parties knowing that there would be finance problems ahead ?

[Los Rojos]

I wonder how David Moores is feeling at the moment? Pretty disappointed I would imagine.

[The Preacher]

I wonder how David Moores is feeling at the moment? Pretty disappointed I would imagine.

he must feel really disappointed and let down - especially with Rick Parry.

[Red_Al_77]

Rafa will make it nigh on impossible for Punch and Judy to sack him because we will be very successful on the pitch. My only concern is Rafa walking of his own accord. But his family are settled, the fans love him (and he knows it), and the players respect him.The ingredients are there for a period of sustained success and the Americans will either get bored and feck off or join the program. Personally I'd rather they slung their hook as they have already proved themselves to be all mouth and no action. Oh for a Liverpool born billionaire to come in and restore dignity.

[Kilteragh]

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

The money was part of the club that they own and they allowed it to be spent. Same differernce.

[desertscouser]

I wonder how David Moores is feeling at the moment? Pretty disappointed I would imagine.

If any of the sh!t we've been hearing about actually materialises then Moores will be sick to his stomach.

[Jayesh87]

The money was part of the club that they own and they allowed it to be spent. Same differernce.

Leon

[Darth Marty]

Rafa will make it nigh on impossible for Punch and Judy to sack him because we will be very successful on the pitch. My only concern is Rafa walking of his own accord. But his family are settled, the fans love him (and he knows it), and the players respect him.The ingredients are there for a period of sustained success and the Americans will either get bored and feck off or join the program. Personally I'd rather they slung their hook as they have already proved themselves to be all mouth and no action. Oh for a Liverpool born billionaire to come in and restore dignity.

Roughly how many Liverpool supporters could afford a minimum £20 towards buying the club? Buy the club and give Rafa a job for life

[Tom]

The yanks want rid of Benitez, they want to bring someone else in. Am I worried by that prospect. Yes deeply.

[Los Rojos]

he must feel really disappointed and let down - especially with Rick Parry.

If any of the sh!t we've been hearing about actually materialises then Moores will be sick to his stomach.

Yeah. I actually feel gutted for him. All things considered, he was a good Chairman IMO, who probably got a bit too much undeserved stick over the years. Having said that, he looks like he might have got the sale badly wrong though (badly advised perhaps?).

It's just a shame he didn't have his own money to keep the club competitive in the current climate.

[Armchairkopite]

The yanks want rid of Benitez, they want to bring someone else in. Am I worried by that prospect. Yes deeply.

Why do they want rid Tom?

[Tom]

Different culture over there they aren't used to gobby employees. Also people in and around the club briefing against Benitez. He's made a few enemies as he so ****ing single-minded. Not unlike Shanks.