Parry off to the US [Talk of 'Rafa Summit Meeting' denied]

[Red Chilli]

you been chattin to the sheik?

Rashid invited Momo, the Sheik and the telegraph to dinner last week

[Joe King]

Reluctant to lend money? So the problem they are faced with is what they want to use as collateral? If I may suggest to you that the people who have problems lending money are not the rich but the average Joe without assets. It's just a thought of course.

The Us dollar was 0.52 in Marts and is now in 0.50. That's what I call locked currency. My dead granmother has moved more in that given period of time.

They already dealt with the stadium costs as far as I know.

What is it that you're suggesting? That they will lose LFC in february because they couldn't get a loan?!

I would be willing to make a fairly big wager with you about this.

I'm sorry if I offended you with my wording but it just seems so stupid to me to even suggest such things.

They haven't dealt with the stadium costs from what I have read. They are still in negotiations with getting a loan, if they are staying at the helm of the club.

These are just murmurs, nothing is concrete from any party. Don't shoot the messenger.

[paulcooper4]

Rashid invited Momo, the Sheik and the telegraph to dinner last week

dont forget bascombe

[Revo]

good time to rifle parrys house this week then?

[paulcooper4]

good time to rifle parrys house this week then?

im on it fella

[CAD]

If they're so clever explain this to me, why did they release stadium plans in the summer to much fanfair and then realise several months later they couldn't afford to proceed with that design? Why couldn't they foresee the credit crunch and the sub-prime crisis? Because if they didn't either they're in the wrong business or they didn't do their homework. I'm reliably informed by a learned friend of mine that the sub-prime had been mooted up to 2 years ago.

Subprime only represent 6.8% of the loans outstanding in the US. In other words it's peanuts compared to the rest of the market. The most respected analysists have all been talking about what they consider to be a huge overreaction in the financial market. In many ways it's about a nervous market more than anything else and I think it's fair to say that not many people could have foreseen the reaction.

The cost of steel and other commodities made the new stadium too expensive and they dealt with it accordingly. Unfortunate? Yes? Amateur behavior? Perhaps. An indication that they are going bankrupt and can't afford to keep LFC? Hardly.

[Revo]

that will be me at the boro game with the pink tie and the don king wig

[paulcooper4]

that will be me at the boro game with the pink tie and the don king wig

[Revo]

that will be me at the boro game with the pink tie and the don king wig

i will also be wearing a nametag saying , hello im DJS

[paulcooper4]

i will also be wearing a nametag saying , hello im DJS

rafa will kick **** out of you

[Dhav]

Subprime only represent 6.8% of the loans outstanding in the US. In other words it's peanuts compared to the rest of the market. The most respected analysists have all been talking about what they consider to be a huge overreaction in the financial market. In many ways it's about a nervous market more than anything else and I think it's fair to say that not many people could have foreseen the reaction.

The cost of steel and other commodities made the new stadium too expensive and they dealt with it accordingly. Unfortunate? Yes? Amateur behavior? Perhaps. An indication that they are going bankrupt and can't afford to keep LFC? Hardly.

Interesting, thanks for that. I don't pretend to be any kind of finance expert so appreciate you enlightening me. All I know is that we've had clients at work who saw the credit crunch coming and acted accordingly by selling portfolios of assets because they didn't want to be stuck with rising mortgage repayments. Which makes me think the yanks should have seen this coming and not made any extravagant promises re the new stadium. As for steel and commodities, surely prices of these have been rising for years and thus been totally foreseeable?

I'd never thought they'd be going bankrupt any time soon or even necessarily be in a position where they'd default on the loan and lose the club, but I am seriously concerned about whether they have the resources and acumen to take the club where it needs to be.

[CAD]

Interesting, thanks for that. I don't pretend to be any kind of finance expert so appreciate you enlightening me. All I know is that we've had clients at work who saw the credit crunch coming and acted accordingly by selling portfolios of assets because they didn't want to be stuck with rising mortgage repayments. Which makes me think the yanks should have seen this coming and not made any extravagant promises re the new stadium.

I work with stocks and bonds and I don't even understand that much about it

In regards to selling portefolios and thus not losing a lot of money on the markets I'm sure G&H did the same. They managed to offload before it got really ugly. The BIG losers in a major crash like this are always the supertankers. The players who can't move silent in the market because of sheer size. That's what happend to Northern Rock. They were sitting on too much junkbond and couldn't off-load in time. The really big players can almost always cover their own bets. N.R. couldn't...Barings etc.

As for steel and commodities, surely prices of these have been rising for years and thus been totally foreseeable? The prizes had been rising at a fairly steady rate before the crash but the financial disturbance caused by the Sub issue set off a whole lot of other "issues" in the global echonomy and made steel amongst other basics , very expensive. Who could have foreseen this when they made the plans? Nobody imho. They could have been classy about it and just build it anyway but they are, as so many have pointed out, in this to make money. No philanthropic gestures I'm afraid. I'm a little amused with the posters who think that DIC would regard LFC as a plaything and throw money at it for fun. That's not what DIC is about at all as far as I'm informed. DIC is one of the best run companies in the world and they make money on virtually everything they touch. Isn't it quite amusing that so many here think that DIC would brake that trend for us? Not likely imho.


I'd never thought they'd be going bankrupt any time soon or even necessarily be in a position where they'd default on the loan and lose the club, but I am seriously concerned about whether they have the resources and acumen to take the club where it needs to be. As am I but that is a whole other can of worms

I hope this makes sense. I should have been to bed hours ago.

:

[bigfooty]

Rather than the Rafa falling out the stadium thing is what has pissed me off most about the new owners. I sat here watching the prog about it the day LFC.TV launched and it was a big deal, everything looked ****ing fantastic, going at length to describe how it would sit as a monument to LFC in the park and be part of it with the see-through corners etc. They had people on talking about regenerating the area, how the new stadium would take the soul of the club from Anfield to a glorious new home.

A few months later and it seems we can't afford a new stadium, don't even know what it will look like and if the thing does get built it will not be completed for at least another 3 or 4 years - if not longer.

[Shanks65]

Guardian:

Talks on Benítez future

Dominic Fifield
Monday January 7, 2008

Guardian
Rafael Benítez's future as the Liverpool manager will be discussed in a meeting of the club's hierarchy in New York tomorrow. The talks will be attended by the owners, George Gillett and Tom Hicks, as well as the chief executive, Rick Parry, and ostensibly concern the Merseysiders' proposed ground move from Anfield, yet the Spaniard's position and recent performances are sure to be considered. The American owners will have been unimpressed to see the team slipping in the league and struggling in the FA Cup third round against Luton Town. Benítez yesterday reiterated his desire to remain at the club.

http://football.guardian.co.uk/News_Story/0,,2236454,00.html

[Guest]

Guardian:

Talks on Benítez future

Dominic Fifield
Monday January 7, 2008

Guardian
Rafael Benítez's future as the Liverpool manager will be discussed in a meeting of the club's hierarchy in New York tomorrow. The talks will be attended by the owners, George Gillett and Tom Hicks, as well as the chief executive, Rick Parry, and ostensibly concern the Merseysiders' proposed ground move from Anfield, yet the Spaniard's position and recent performances are sure to be considered. The American owners will have been unimpressed to see the team slipping in the league and struggling in the FA Cup third round against Luton Town. Benítez yesterday reiterated his desire to remain at the club.

http://football.guardian.co.uk/News_...236454,00.html

It's hardly an atmosphere where players and managers would thrive on isn't it ?

Thank you Hicks and Gillett.