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More Baloney??
Benitez on the brink: American owners gamble by warning Liverpool boss he can't have any money for new players
It will be a huge blow to the Spaniard, who has asked for money to bring in a top-quality central defender as cover for Jamie Carragher and Daniel Agger, and to tie up Argentine midfielder Javier Mascherano on a permanent deal.
Benitez has a history of falling out with club owners. He left Valencia despite winning the Spanish championship and the UEFA Cup and will now have to decide whether to stay at Anfield on the Americans' terms.
Hicks and Gillett have decided that their current priority is to press ahead with plans for a new 70,000-capacity stadium at Stanley Park and have been advised that buying players in the summer transfer market represents better value for money than the January window.
But the long, ongoing struggle to sort out the financial future of the club is also a factor in their reluctance to release funds.
Banking sources believe that while American finance house Wachovia have pulled back from negotiations, the Royal Bank of Scotland, who lent Gillett and Hicks most of the money to buy the club, are considering a deal which would see Liverpool lumbered with around £300million of debt. Servicing that would cost up to £30m per year, leaving precious little for transfers.
The uncertainty will anger fans, many of whom demonstrated their support for the manager in his row with the owners. They will also be appalled at the prospect of Gillett and Hicks transferring the debts they incurred in buying the club on to the club itself. The money they borrowed was guaranteed against their personal assets but now they want their debts, plus capital to start building the stadium, to be
Just to ease all your minds, this is from the Mail :whatever:
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Do skysports still show the backpages at 12?Originally posted by kurtangle01 View PostAnother sensationalised article that doesn't really say anything concrete.
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Advised by who...Parry, The Wallet, The Horse, Informer, MJ007...have been advised that buying players in the summer transfer market represents better value for money than the January window.
Dirty Mancs up to there tricks again :whatever::whatever:"What in the wide, wide world of sports is a-goin' on around here?" - Taggart AKA Slim Pickens in Blazing Saddles
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Originally posted by desertscouser View PostShould've guessed...the milkman always delivers first
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Why do you Brits pay attention to your newspapers so much? I mean they are the equivalent of the 'National Enquirer' or 'The Globe'. Just ****ing rags that print anything to sell."What in the wide, wide world of sports is a-goin' on around here?" - Taggart AKA Slim Pickens in Blazing Saddles
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