Liverpool debt dispute forces Americans to consider sale

[Red_Al_77]

dont think so matey

a) look at the exchange rate when they took over the club? think its about the same it is now.

b) why didn't they have to put up there own money in the first place. because of the credit crunch, banks where throwing money at them, not now!

DIC will be different if they become owners - if they do borrow, there own money will be in the pot as well.

That's a bold statement that they will do it differently. On the basis of what? Just because they are connected to a mega rich family etc etc doesn't mean they will do it differently. I agree they may raise the money easier out in Dubai but there is nothing to say they will plough their own money in or throw more money at Rafa etc. As I said I'm not getting too excited by all this. Unfortunately football these days is about making money not winning trophies. Even the bottom team in the PL will make £30million next season. Football is on a downward spiral.

[purpleaki]

I want DIC

[CAD]

That's a bold statement that they will do it differently. On the basis of what? Just because they are connected to a mega rich family etc etc doesn't mean they will do it differently. I agree they may raise the money easier out in Dubai but there is nothing to say they will plough their own money in or throw more money at Rafa etc. As I said I'm not getting too excited by all this. Unfortunately football these days is about making money not winning trophies. Even the bottom team in the PL will make £30million next season. Football is on a downward spiral.

Maybe Sheikh Mohammed will approach us as he did Thoroughbred horse racing. One can only hope.

[Slinky Skills]

I was one of the few who were willing to give the Americans the benefit of the doubt and to give them some time but the way they've treated Rafa has been shocking. I'm starting to agree with most of the people on here that these two are a pair of lying, greedy *******s.

I would have walked if I was Rafa which says a lot about how he feels about our club. I feel really sorry for him. I'm hoping now that these rumours are true and that DIC do come back in for us. I've tried to remain positive over these last few ****ty weeks with everything that's been happening, but I'm starting to worry now about what's going to happen with the club.

We seem in real turmoil at the moment, I'm just keeping my fingers crossed that DIC do come back in for us, but I can't see it happening.

[Monty]

I want DIC

[GBT]

As I said I'm not getting too excited by all this. Unfortunately football these days is about making money not winning trophies. Even the bottom team in the PL will make £30million next season. Football is on a downward spiral.

Totall agree with you on this, but this is the way football/primiership is going.

If moores had not sold up we would of become an everton or spurs, it just looks like him and us have been conned by the Leveraged Buyout king - Tom Hicks.

[Steve101]

I want DIC

I think you might be on the wrong site here mate............ask Kopdan, he'll know one for you!!!!!!

[Revo]

[QUOTE=Steve101;897330]Plus I dont know why former players would go around making stuff up - its not like they would be trying to impress anyone with their 'insider knowledge'............errr, yes they would! Theyre trying to make a living here, and need to impress that they have the contacts and knowledge etc. easy to figure out, a bit like some posters on here!!!![/QUOTE]


ouch

[kopdan]

I think you might be on the wrong site here mate............ask Kopdan, he'll know one for you!!!!!!

low blow....


































.....dot.com. Highly recommend it

[Darth Marty]

Ive been away from a p.c all day and come back to read some interesting, seemingly possible, stuff about DIC. I would love it if there was truth involved but if I hope then Im setting myself up for a massive fall. With every fibre of my sould I want it to be true but Ill wait and see and not get my hopes up too much.

That said Ill be praying to the football gods this evening!!

[CharlieMansonsSquint]

come back to read some interesting, seemingly possible, stuff about DIC.

Explains a lot.

[Shaggy]

Encouraging articles, Dhavlos.

I know a lot of people on here frown at fans craving DIC , but at this moment time I'm bordering on desperate for them to come in.

[CharlieMansonsSquint]

Encouraging articles, Dhavlos.

I know a lot of people on here frown at fans craving DIC , but at this moment time I'm bordering on desperate for them to come in.

I don't.

Aren't there any proper LFC fans with the financial clout and business acumen required out there?

[redblood]

I never thought for one sec that DIC would ever return. I will be amazed if that happens.

Turmoil doesn't begin to cover where we're at right now.

Rafa plays it cool and behaves like a perfect Pro. Moores is probably having a stroke somewhere. Krusty is just hiding from everybody. Hicks and Gillett are arguing about whom will give whom a reach around first.

whikle Klinsmann tanks der deutche gods dthad he did not sign for dthese crazy mensch...

I know Lawro is a pain in the arse but last week on the Today FM in Ireland he stated that he reckoned the owners would be gone long before Rafa and he knew someone personally that had been approached about buying into the club or helping with the finance of the stadium.

[Jayesh87]

Liverpool owners in race to stay afloat at Anfield
Oliver Kay

The relationship between Liverpool’s co-owners is to be put to the ultimate test as Tom Hicks looks to George Gillett Jr to approve the £350 million refinancing plan that is needed if they are to stabilise their troubled regime at Anfield for the immediate future.

With the American tycoons’ £270 million loan with Royal Bank of Scotland due to expire next month, Hicks is determined to replace it with a £350 million loan that will allow Liverpool to proceed with the planned construction of a 70,000-capacity stadium in Stanley Park. Hicks said on Monday that the new deal would “close by the end of the week”, but Gillett is understood to be distinctly uneasy with the refinancing plan, as are many figures at Anfield.

It is widely expected, not least by Royal Bank of Scotland, that the refinancing deal will be ratified, possibly even today, but one well-placed source in the City has raised doubt over whether this will happen, partly owing to the misgivings of Gillett and Rick Parry, the chief executive, and partly because of doubts over the Americans’ ability to raise a relatively small sum with which to guarantee the new loan. If the owners are unable to repay the existing debt by the end of next month, Liverpool would officially fall into the ownership of the bank, but in reality it would force Hicks and Gillett to sell the club, barely 12 months after their takeover.

The expected outcome still is that Hicks and Gillett will secure the refinancing plan, which would allow them to press on with plans to build a stadium, having examined plans from two architects, Dallas-based HKS and Manchester-based AFL, at a meeting in New York a fortnight ago. With HKS’s original design having been dropped on the ground of cost, the budget has been set at £300 million, with AFL, the original choice before Hicks and Gillett came on board, thought to be marginal favourites.

The collapse of the refinancing plan would bring further embarrassment to the club, but some within Anfield, perhaps not least Rafael BenÍtez, might wonder whether such pain is worth enduring if it leads to a change of ownership. If Hicks and Gillett fail to secure a refinancing plan in time, they will almost certainly be forced to sell – with Dubai International Capital, which they gazumped at a late stage in the bidding process a year ago, believed to be monitoring events.

A change of ownership may represent BenÍtez’s best hope of staying as manager, after Hicks’s admission on Monday that he and Gillett had tried unsuccessfully to line up Jürgen Klinsmann. Hicks’s comments have met anger from supporters, with Jamie Carragher, the defender, suggesting that it was time that the club got back to the “Liverpool way” of doing things.

“It’s not just me thinking that,” Carragher, who made his 500th appearance for the club in the 5-0 victory over Luton Town in the FA Cup third-round replay on Tuesday, said. “Ask any fan. It’s not the way we have done things in the past.

“We are all aware of what is going on, but all we can do as players is concentrate on doing it on the pitch. The last nine or ten games we haven’t been good enough.”

http://www.timesonline.co.uk/tol/spo...cle3200662.ece