Dubai International to make bid for Liverpool FC

[sonsofthedesert]

Gillett is as bad as Hicks. The difference is that Gillett knows how to use the media.

I was agreeing with you, AFII. You were spot on with the point.

[Dhav]

Voting board is Gillett, Gillett jnr, Hicks, Hicks Jnr and Coco. They have enough on there to force it through by a long way.

Yeah, it makes sense that they would have stacked the board. So all the talk about opposition from Moores and Parry was holding up the re-finance and loading the club with debt was pretty much nonsnese.

[Vermilion]

I don't care what anyone says, until proven otherwise, Gillett is just as bad as his partner in crime. Difference is, he doesn't have the balls to come out fighting in the press like Hicks.

[Flake]

Well I hope Hicks is doing his research, cause we know how to hold a grudge. That ****er might continue to own us, but he's not setting foot in Liverpool without a barrage of ****.

[bazza76]

It is simple to me.
G & H want as much as they can get for their part of the club.
They will naturally say they want more that the club is worth in the hope that DIC will want LFC desperate enough to meet them somewhere in between.
I said way back in this thread I think G & H would be happy with about £100m profit each, I still stand by that. £50m will not be enough IMO.

[Tom]

The "cold hard facts" (© Johnny 2008) are these. The stadium will not be built until at the earliest 2012. The debt we have to service will be a minimum of 30 mill a year. So somehow we have to find a minimum of 120 million in interest payments BEFORE we even start to see any profit from the stadium. Very sobering. Where is this 120 million going to come from?

TV money, gate receipts from old anfield, champions league money. Traditionally all the revenue sources we rely on for player signings.

Given this, can someone please point out how we are supposed to buy new players?

Make no mistake, if Hicks and his lackey Gillette stay, we're screwed big style.

[AFII]

I was agreeing with you, AFII. You were spot on with the point.

[Morten_nogamst_Pedersen]

The "cold hard facts" (© Johnny 2008) are these. The stadium will not be built until at the earliest 2012. The debt we have to service will be a minimum of 30 mill a year. So somehow we have to find a minimum of 120 million in interest payments BEFORE we even start to see any profit from the stadium. Very sobering. Where is this 120 million going to come from?

TV money, gate receipts from old anfield, champions league money. Traditionally all the revenue sources we rely on for player signings.

Given this, can someone please point out how we are supposed to buy new players?

Make no mistake, if Hicks and his lackey Gillette stay, we're screwed big style.

Yanks should know that. They ain't gonna make money on us for a long time.
They will sell! (maybe)

[CAD]

The "cold hard facts" (© Johnny 2008) are these. The stadium will not be built until at the earliest 2012. The debt we have to service will be a minimum of 30 mill a year. So somehow we have to find a minimum of 120 million in interest payments BEFORE we even start to see any profit from the stadium. Very sobering. Where is this 120 million going to come from?

TV money, gate receipts from old anfield, champions league money. Traditionally all the revenue sources we rely on for player signings.

Given this, can someone please point out how we are supposed to buy new players?

Make no mistake, if Hicks and his lackey Gillette stay, we're screwed big style.

If this is correct then Rashid is right about one thing; It's only a matter of time. G&H can't hold on the LFC if they can't afford to buy decent players who will get us in CL. With City and others coming up through the ranks, heavy squad investment is required to stay in top 4. Nobody at the table are idiots. They all know this. Therefor the logical outcome will be a sale. Now or in the summer - soon.

That's how I see it. If your assumptions above are correct.

[calvoboy]

Sorry but G&H will never put any big money into the club. That is not their style. They will take the profits and use it on other things. The club won't benefit from that at all.

Eh? Did you read what I posted? My whole post was about how G&H will benefit, in response to a post saying they couldn't see how people can make serious money out of premiership football. I specifically said that they would make a fortune out of the club without putting a penny in themselves.

[Morten_nogamst_Pedersen]

If this is correct then Rashid is right about one thing; It's only a matter of time. G&H can't hold on the LFC if they can't afford to buy decent players who will get us in CL. With City and others coming up through the ranks, heavy squad investment is required to stay in top 4. Nobody at the table are idiots. They all know this. Therefor the logical outcome will be a sale. Now or in the summer - soon.

That's how I see it. If your assumptions above are correct.

[blacky]

The "cold hard facts" (© Johnny 2008) are these. The stadium will not be built until at the earliest 2012. The debt we have to service will be a minimum of 30 mill a year. So somehow we have to find a minimum of 120 million in interest payments BEFORE we even start to see any profit from the stadium. Very sobering. Where is this 120 million going to come from?

TV money, gate receipts from old anfield, champions league money. Traditionally all the revenue sources we rely on for player signings.

Given this, can someone please point out how we are supposed to buy new players?

Make no mistake, if Hicks and his lackey Gillette stay, we're screwed big style.

Spot on Tom. I had trouble sleeping last night thinking about what you just said. The prospect of us doing a "Leeds" is not as unimaginable as some people think.

[AFII]

Eh? Did you read what I posted? My whole post was about how G&H will benefit, in response to a post saying they couldn't see how people can make serious money out of premiership football. I specifically said that they would make a fortune out of the club without putting a penny in themselves.

My mistake

[sonsofthedesert]

The "cold hard facts" (© Johnny 2008) are these. The stadium will not be built until at the earliest 2012. The debt we have to service will be a minimum of 30 mill a year. So somehow we have to find a minimum of 120 million in interest payments BEFORE we even start to see any profit from the stadium. Very sobering. Where is this 120 million going to come from?

TV money, gate receipts from old anfield, champions league money. Traditionally all the revenue sources we rely on for player signings.

Given this, can someone please point out how we are supposed to buy new players?

Make no mistake, if Hicks and his lackey Gillette stay, we're screwed big style.

That is based upon the £350m loan, add another £300m and your looking at £55m totally and your figures don't include the arrangement fees. The press are saying an arrangement fee of £40m for this loan so you could be looking at £35m for the next one (all approx figures based on apaper spec). Saying they take out the other loan in 2009 you could be looking at total payment of £270m for the loans before the stadium is competed. This for a stadium that will bring in an extra £1m per game so about £25m a year. These numbers scare me ****less, they either have to sell now, put massive money in themselves or sort out everything else at the club yesterday. Also where does this leave the club for buying players?

[Tom]

That is based upon the £350m loan, add another £300m and your looking at £55m totally and your figures don't include the arrangement fees. The press are saying an arrangement fee of £40m for this loan so you could be looking at £35m for the next one (all approx figures based on apaper spec). Saying they take out the other loan in 2009 you could be looking at total payment of £270m for the loans before the stadium is competed. This for a stadium that will bring in an extra £1m per game so about £25m a year. These numbers scare me ****less, they either have to sell now, put massive money in themselves or sort out everything else at the club yesterday. Also where does this leave the club for buying players?

Is right, as I was writing this, I remembered the other half of the loan. There is also a report of a further 20 million in architect fees. Remember that Hicks and Gillette will be taking bonuses out of the club on top of this. It's friggin terrifying.