Financial situation, doom & gloom reports etc

[The Preacher]

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.

I think that if DIC offered what G+T paid for us they would bite their hand off. Imagine you buy a business and think 'right its only going to cost me so much to get this off the ground' but then all of a sudden its going to cost twice that amount and more because we need more staff to work, we need to move to a bigger premises because we need to output more, and we might have to pay off the shop floor manager who's on a good salary and on top of that the banks dont want to lend us money because they think its too risky.

Meanwhile the trade union is starting to get restless and there have already been several demonstrations and there are many more to come and they have already started an anti owner movement.

It suddenly becomes a much bigger proposition than originally thought - much bigger investment, much more hassle getting the finance, and problems with the trade union - let alone the fact that we are buying this company abroad and dont have a clue about the local culture.

[AFII]

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.

They probably have not spend a single pound from their own pockets yet. If DIC for example offered them a profit of say £50m then they would probably take it IMO.

It all comes down to if DIC are still interested and if G&H are in it for the long term, which I doubt very much.

[Darth Marty]

I think that if DIC offered what G+T paid for us they would bite their hand off. Imagine you buy a business and think 'right its only going to cost me so much to get this off the ground' but then all of a sudden its going to cost twice that amount and more because we need more staff to work, we need to move to a bigger premises because we need to output more, and we might have to pay off the shop floor manager who's on a good salary and on top of that the banks dont want to lend us money because they think its too risky.

Meanwhile the trade union is starting to get restless and there have already been several demonstrations and there are many more to come and they have already started an anti owner movement.

It suddenly becomes a much bigger proposition than originally thought - much bigger investment, much more hassle getting the finance, and problems with the trade union - let alone the fact that we are buying this company abroad and dont have a clue about the local culture.

I like it. And it makes sense.

[blacky]

They probably have not spend a single pound from their own pockets yet. If DIC for example offered them a profit of say £50m then they would probably take it IMO.

It all comes down to if DIC are still interested and if G&H are in it for the long term, which I doubt very much.

I was thinking the same but with the ever devalueing dollar 50 million profit would probably dissapear so it may take more than that.

[The Preacher]

I was thinking the same but with the ever devalueing dollar 50 million profit would probably dissapear so it may take more than that.

If they did what Virgin did to Northern Rock and go in with a £150m bid - which is a loss of £70m.

At the end of the day DIC might be doing them a favour...

[Tee]

IF all the storis are true, G & H should do the honourable thing (if they have any honour) and sell the club to someone who can meet the original requirements of a takeover. Simple.

[Fiddy]

This is all heresay. What do we ACTUALLY know for sure? Well, they delivered us Fernando along with numerous other signings that look to be excellent so far and we've made out best start to a campaign in years. That's it.

Have they sacked Rafa yet? Have they refused to sign anyone in Jan yet? Have they come out and said 'sorry the stadium isn't gonna be quite as nice as before'?

No. So the only people 'pissing themselves' are probably those who think it's funny to get all worked up over pure speculation in the media with little factual evidence.

[MindGuerrillas]

This is all heresay. What do we ACTUALLY know for sure? Well, they delivered us Fernando along with numerous other signings that look to be excellent so far and we've made out best start to a campaign in years. That's it.

Sorry but they haven't delivered us anything. The spending this summer is no bigger than we could have expected without the takeover.

This summer we were always going to have more money to spend than in previous summers. They have put in no new capital and have therefore not spent a penny of their own money. This year's transfer budget was going to be bigger than before because of:

1. Tens of millions of pounds from yet another Champions league final
2. Massive new TV deal. This new deal has meant that nearly every club in the league has spent more this summer than ever before.
3. For the first time in years we got in some decent money for our unwanted players. Previously we've almost had to give them away for free.

All of this income for the club would have been there whether we had a takeover or not. The spending this summer was not massive in any way and was all easily covered by the above income sources.

If you look at Rafa's net spend since he's been here it's about £60m, or about £20m per year. This summers spend was in line with this average.

[blacky]

This is all heresay. What do we ACTUALLY know for sure? Well, they delivered us Fernando along with numerous other signings that look to be excellent so far and we've made out best start to a campaign in years. That's it.

Have they sacked Rafa yet? Have they refused to sign anyone in Jan yet? Have they come out and said 'sorry the stadium isn't gonna be quite as nice as before'?

No. So the only people 'pissing themselves' are probably those who think it's funny to get all worked up over pure speculation in the media with little factual evidence.

I think Rafa needs to take the credit for convincing Torres to sign. Slur Alex has already stated that no amount of big money offers from the scum could tempt him add to that the fact that Inter offered 7 million more than us for Torres shows how important Rafa was in the deal. These guys delivered us nothing yet. They sign the checks like all owners should do.

[CharlieMansonsSquint]

They 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?

A laughable post devoid of any fact and based purely on speculation.

[blacky]

This is all heresay. What do we ACTUALLY know for sure? Well, they delivered us Fernando along with numerous other signings that look to be excellent so far and we've made out best start to a campaign in years. That's it.

Have they sacked Rafa yet? Have they refused to sign anyone in Jan yet? Have they come out and said 'sorry the stadium isn't gonna be quite as nice as before'?

No. So the only people 'pissing themselves' are probably those who think it's funny to get all worked up over pure speculation in the media with little factual evidence.

Again Rafa and the players take credit for this not the yanks!!

[Fiddy]

Sorry but they haven't delivered us anything. The spending this summer is no bigger than we could have expected without the takeover.

This summer we were always going to have more money to spend than in previous summers. They have put in no new capital and have therefore not spent a penny of their own money. This year's transfer budget was going to be bigger than before because of:

1. Tens of millions of pounds from yet another Champions league final
2. Massive new TV deal. This new deal has meant that nearly every club in the league has spent more this summer than ever before.
3. For the first time in years we got in some decent money for our unwanted players. Previously we've almost had to give them away for free.

All of this income for the club would have been there whether we had a takeover or not. The spending this summer was not massive in any way and was all easily covered by the above income sources.

If you look at Rafa's net spend since he's been here it's about £60m, or about £20m per year. This summers spend was in line with this average.

What was the most we'd ever spent on a player before this summer? Is that a coincidence? And not only did we spend around £20m on Torres but we also whacked out around £10m for Babel plus the rest...no way that would have 'been spent anyway' especially with funding being needed for a new stadium

[Fiddy]

I think Rafa needs to take the credit for convincing Torres to sign. Slur Alex has already stated that no amount of big money offers from the scum could tempt him add to that the fact that Inter offered 7 million more than us for Torres shows how important Rafa was in the deal. These guys delivered us nothing yet. They sign the checks like all owners should do.

But until this summer we never seemed to have the clout to even contemplate a serious bid for a player like Torres - we hung around in the £10-15m max range rather than the £15m +. I never said the Yanks did it all on their own, but their money undoubtedly facilitated the outlay of all that cash on one player.

Rafa could convince Kaka to come and join us, but David Moores was never in a position to 'sign a check' as you put it for any more than about £14m, so give the Yanks some credit

[Fiddy]

Again Rafa and the players take credit for this not the yanks!!

Oh please...where did the money come from to buy the players that have made the difference?! Some people are so blinkered its unbelievable

[MindGuerrillas]

What was the most we'd ever spent on a player before this summer? Is that a coincidence? And not only did we spend around £20m on Torres but we also whacked out around £10m for Babel plus the rest...no way that would have 'been spent anyway' especially with funding being needed for a new stadium

We didn't spend 20m on a player in previous seasons because we didn't have the money. It wasn't because Moores was being tight and just didn't want to spend - we simply didn't have it.

As previously stated this summer was ALWAYS going to be different. We were always going to have more money for the above stated reasons and there is no evidence anywhere that Moores would be unwilling to spend money that was available.

As far as the stadium goes the money from that would have come from the same source as the money H&G are going to use to build it - Borrowing. Not a penny of their own money will be spent.