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    Originally posted by Shanks65 View Post
    Times
    Hicks gives Liverpool plenty to chew on

    In urban slang - and a hilariously bad Jerry Bruckheimer movie - the phrase "coyote ugly" refers to the business of waking after a drunken evening next to a suitor so hideous that one would rather chew one's arm off than wake him or her, much as some coyotes will gnaw off their paw if it is caught in a trap.

    Who knows how the Liverpool chief executive, Rick Parry, is feeling this week after reading the Rafael Benítez-undermining comments of the club's co-owner Tom Hicks but it must be hoped he is pondering at least some sort of self-administered bite for the blithe manner in which he allowed the club to become bedfellows with the Texan and his partner, George Gillett.

    Urging the fans to take it on trust that these men were "the right people", Parry and his departing chairman, David Moores, permitted Dubai International Capital's bid for Liverpool to be gazumped last year and the club was bought by two American businessmen who had set up a private limited company called "Kop", one of whom gushed that the atmosphere at Anfield was "like nothing I've ever heard or felt".

    Mmm. Gillett is married but you get the feeling that on any notional first date he would claim Sex and the City was his favourite TV show and that he was all about the post-coital cuddle and chat.

    It seems somehow fitting that Hicks is a huge George Bush supporter. The US president has never judged that the fact most of his coterie were draft dodgers should preclude them from running wars, and his runaway success with this strategy remains an inspiration to us all - certainly to the two men who know nothing about football who are running Liverpool and who this week even gave us their version of that central tenet of the Bush Doctrine: the pre-emptive strike. Jürgen Klinsmann was sounded out for the manager's job just in case, or for safety's sake or because Hicks' and Gillett's intelligence suggested Rafa possessed weapons of mass destruction. I forget the precise excuse but it was totally convincing.

    Then again Hicks did once compare the manner in which he purchased Liverpool to the manner in which he purchased Weetabix. It is often said of businessmen who buy into a product in which other people have an emotional rather than monetary investment that, for all they care, they might as well be selling soap powder or dog food. Hicks does actually own a dog food factory in Argentina. Whether he is more attached to this commodity or to another flesh-based investment such as Fernando Torres is hard to say.

    The thing that seems increasingly surprising, really, is that anyone is surprised at the manner in which the deal has backfired. Hindsight is a wonderful thing but there are plenty willing to stick their necks out and risk some foresight on how the vogue for foreign prospectors snapping up clubs will pan out.

    Plucking two recent Premier League annexations from the air, I would hazard that the Glazer family's association with Manchester United will not end happily (many, notably the red rebels behind FC United of Manchester, would contend the damage has already been done); and that the Amnesty-condemned former Thai prime minister, Thaksin Shinawatra, will not ultimately prove the saintly saviour of Manchester City that those willing to turn a blind eye to his human rights record might currently fancy him to be. Similarly Liverpool supporters might be hasty in breathing a sigh of relief even if a magic wand was waved and their club ended up owned instead by the investment arm of the Dubai government.

    There is a school of thought that says there have always been owners who were somewhat unlikable and that this new breed of Abramoviches and Thaksins are no more unlikable than your Doug Ellises or your Kenneth Bateses. But maybe it is time to be slightly less credulous when strangers turn up promising the moon on a stick.

    If Rick Parry is not embarrassed at how trusting he was, the rest of us should be doubly wary of even offering that old standby - the "cautious welcome" - to the next set of speculators who set their sights on a piece of English football. In fact, perhaps we should concur that it will end in tears at some unspecified point and set about laying in supplies for the inevitable heartbreak.

    Will we? Of course not. The ability to convince oneself that the unlikely is possible is arguably the quintessential element of the football fan's psyche and the heart sinks just wondering who will be the next person for whom some club's supporters will have to suspend their disbelief.
    Another good read
    Anybody who criticizes Klopp ever is a James Blunt. Nov 2015
    #****CITY

    Comment


      Who is the biggest con man in this deal?

      Questions
      1. Royal Bank of Scotland
      Why they offer a short term loan to G&H and not to David Moores?
      Does it mean our CEO, Rick Parry does not know where to source for financing?

      2. Rick Parry
      Which side is he on? Is he on the Boards side who try to block the move to place debt on Liverpool's book? Or he is the one who knew all along this would happen?

      Who prepared the contracts for Klinsman?

      If G&H managed to sell for 80 million profit, David Moores & previous shareholders should kick themselves for believing in Rick Parry. The club were undervalued by Rick Parry.

      3. Who leaks the information that DIC planned to sell after 7 years?
      Prime Suspects: Rick Parry
      He has a lot to gain as he can keep his job by sabotaging DIC bid.

      4. Is all those promises documented?
      Build new stadium, no debt on Liverpool's book and etc. This is really a joke if it is all lip service.

      I really can't see Rick Parry as an innocent party of all these saga.

      Perhaps, he is the greatest betrayal of Liverpool FC. He is in the know of all these issues. He never blew the whistles (unlike the Marscherano deal). He obviously loves his salary more than Liverpool FC.

      Parry, Please leave with the American.

      Comment


        Originally posted by bazza76 View Post
        Owners' dispute eclipses Liverpool's new deal

        By David Bond
        Last Updated: 1:59am GMT 17/01/2008

        Liverpool's American owners are edging closer to clinching a breakthrough refinancing deal with banks despite growing tensions between the club's joint chairmen Tom Hicks and George Gillett.

        According to City sources, a £350 million deal with the Royal Bank of Scotland and American investment bank Wachovia could be announced early next week. It is understood lawyers for both sides are now working through the fine print of the funding package which, if confirmed, will come six weeks before an existing one-year loan used to finance the American takeover expires. Once concluded the Americans hope the deal will restore a sense of calm to Anfield after a period of extraordinary instability.
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        But the Daily Telegraph has learned that there remains deep uncertainty about the relationship between Hicks and Gillett, the two US sports entrepreneurs who bought Liverpool in a £220 million deal last February. And even if the refinancing deal is confirmed, insiders are worried about how much longer the partnership will last.

        Gillett is deeply unhappy with his joint owner following his explosive remarks in which he confirmed hat the pair had approached former Germany coach Jurgen Klinsmann about taking over from Rafa Benitez. Gillett has been seriously unsettled by the reaction.

        He is understood to be all the more irritated as the Hicks gaffe came despite assurances from the Texan billionaire that he would stay silent until the club's future was more secure.

        Gillett has also been reluctant to press ahead with the refinancing plans, fearing that the new structure will load too much debt on to the club's balance sheet. It is also known that Gillett, the less wealthy of the two men, has been struggling to meet the banks' demands to put up £75 million each of cash and personal guarantees.

        At one stage the growing split threatened to plunge the club into a new takeover battle, just 12 months after the Americans squeezed out Dubai International Capital, the investment company of Sheikh Mohammed bin Rashid al-Maktoum.

        That remains a possibility, but any hopes DIC had of doing a deal with Gillett to buy out Hicks' 50 per cent holding appeared to be fading last night.

        DIC are understood to be prepared to bide their time, believing that the relationship between Hicks and Gillett could be beyond repair and that the refinancing will only be a short-term measure.

        Under the terms of the deal, around half of the £350 million of debt is to be placed on to Liverpool's books, partly to finance the start of work on the new £400 million stadium at Stanley Park and to refinance £20 million of loans for new players. The move is a reversal of the vow the Americans gave when they took control not to copy the approach taken by the Glazer family at Manchester United.

        The rest is to be secured against Liverpool's parent company Kop Holdings. Having blocked attempts to load all the debt on to the club last year, former chairman David Moores, who remains a director, and chief executive Rick Parry, are uneasy about how the borrowing will be serviced, with interest payments of £30 million a year.

        Questions unanswered

        How sound is the Hicks/Gillett relationship?
        The Jurgen Klinsmann gaffe has placed extra strain on a partnership already cracking over the £350m refinancing.

        How much of the £350m debt will be placed on the club?
        About half, with the rest on parent company Kop Football - with interest of £30m a year.

        What happens if Gillett decides to pull out of the bank deal?
        He could look to bring in Dubai International Capital and try to force out Hicks.

        Will DIC give up on their plans to own Liverpool?
        No. They will bide their time but a quick deal is unlikely if Hicks strengthens his grip.

        What does the bank deal mean for Rafa Benitez
        It looks like a question of when, not if, the Spaniard leaves.

        Looks like the yanks will be staying then.

        Comment


          Originally posted by marcus50bucks View Post
          Looks like the yanks will be staying then.
          Really?
          Could go either way still, after that article IMO.

          Comment


            Originally posted by Morten_nogamst_Pedersen View Post
            Really?
            Could go either way still, after that article IMO.


            It looks like it all depends on Gillett. He isn't that rich so I doubt that he can come up with a £75m cash security.
            Last edited by AFII; 17-01-08, 09:22 AM.
            Just believe and you never know what will happen.

            According to Benitez it's important not simply to go out to win but to go out prepared to win, which means players have to put in the same level of work on a daily basis. Anything else is unacceptable.

            Comment


              No smoke without Fire. As AF11 says it all depends on Gillett. If Moores and Parry have any pull left they should be trying to scupper the refinance deal.
              Dare we believe

              Comment


                Originally posted by Jimthered View Post

                Hicks and Gillett declined to comment last night.
                Hopefully Gillette has told Hicks to shut the **** up.

                Comment


                  Even if they secure the loan it may force them to sell the club next year when they must secure another loan. If we miss out on CL football then they are ****ed.

                  We will also still be in £350m debt plus the new debts that we will get next year with the second loan. We will only pay off the interest so the debt will still be the same for years to come.

                  I think I got that right. Rocket will probably correct me if I'm wrong.
                  Just believe and you never know what will happen.

                  According to Benitez it's important not simply to go out to win but to go out prepared to win, which means players have to put in the same level of work on a daily basis. Anything else is unacceptable.

                  Comment


                    I am getting a bit sick of all these speculations about ownership - takes all the focus away from the actual part about LFC i love, namely the football on the pitch...

                    I wish that they would get it sorted out as fast as possible, so that the whole mess can get stabalized again! It is some mess that all of this has affected our performance, and that it still does. Sometimes I think we would have been better staying under Moores, or perhaps even by selling to Morgan instead (not that I know that much about him). At least he is a football and LFC fan!

                    The americans has brought nothing but trouble, looking aside from Torres and Babel perhaps, and at this point I really hope they are either forced to sell up, or that Gillet puts a stick in the already painstakingly slow wheel! If they, as it seems by the times article, actually stay in ownership then they should keep out of the football part, don't undermine the managers position and back him up for the long term!! Stick to the financial part, that you already are managing in a laughable way...

                    Stop making our club a laughing stock in the football world, stop using the press for internal matters and stop meddling... I am only of age that remembers the last championship that we won, but I still believe I have a sense of the LFC-spirit, and it seems to be crushed from the inside at the moment.

                    Hate the speculation and the current situation - I wan't to go back to discussing football, the performances, the players, the fans etc...

                    Comment


                      Stadium decision delayed 2 more weeks.....

                      Or maybe this is good news regarding the owners troubles...?
                      --== Because the gang and the government is no different ==--

                      Comment


                        Where have you got that - 2 more weeks???

                        I jus twish things would go like you say, Darkon, and I somehow hope (and sense in the way they act), that a possible takeover by the DIC-people could somehow reestablish that situation. Things done and dusted - and then told to the press - transfers done and dusted - and then told to the press - managers stepping down when telling the press after mutual agreement etc. Thats the Liverpool Way we so miss!!!
                        - - - - -

                        You will never walk alone

                        D. Aggers email is: ************@****.dk

                        Comment


                          If DIC come in I think the stadium may be revised... again! Have you seen some of the architecture in Dubai?
                          "Its not about the long ball or the short ball, its about the right ball." Bob Paisley

                          Comment


                            Originally posted by looprevil View Post
                            If DIC come in I think the stadium may be revised... again! Have you seen some of the architecture in Dubai?
                            What you thinking, stadium on an island in the middle of the Mersey with a helipad in the centre cricle of the pitch?

                            Comment


                              Originally posted by Danish_Pastry View Post
                              Where have you got that - 2 more weeks???

                              I jus twish things would go like you say, Darkon, and I somehow hope (and sense in the way they act), that a possible takeover by the DIC-people could somehow reestablish that situation. Things done and dusted - and then told to the press - transfers done and dusted - and then told to the press - managers stepping down when telling the press after mutual agreement etc. Thats the Liverpool Way we so miss!!!
                              Don't know if it's true, but it was in one of the articles above....
                              --== Because the gang and the government is no different ==--

                              Comment


                                Originally posted by pablo1981 View Post
                                What you thinking, stadium on an island in the middle of the Mersey with a helipad in the centre cricle of the pitch?
                                Sounds like a possibility no?
                                "Its not about the long ball or the short ball, its about the right ball." Bob Paisley

                                Comment

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