Dubai International to make bid for Liverpool FC

[AFII]

lets just say this stevie,if im to believe what i was told, there is not only problems in the boardroom but there is hardly a love in, in the dresing room.

Sounds like only a big clear out including Rafa will be enough to turn things around.

[Tatterdemalion]

lets just say this stevie,if im to believe what i was told, there is not only problems in the boardroom but there is hardly a love in, in the dresing room.

I get the impression Rafa is not as popular amongst the players as some might believe.

[StevieG08]

lets just say this stevie,if im to believe what i was told, there is not only problems in the boardroom but there is hardly a love in, in the dresing room.

And it ****ing shows. Regardless of the problems at LFC i'm seriously becoming disillusioned with football at the top level. ****ing primadonnas earning in excess of a 100k a week who more often than not can't be arsed to put a shift in for the paying public. Complete ****e IMO.

[dww]

certain parties have been given a set of questions to answer. its only fair to give a week or so to respond. im not saying anything else. people please stop filling my pm box with requests.

Fair play.

lets just say this stevie,if im to believe what i was told, there is not only problems in the boardroom but there is hardly a love in, in the dresing room.

The sad fact is that the last part is all too believable.

[Alpha]

certain parties have been given a set of questions to answer. its only fair to give a week or so to respond. im not saying anything else. people please stop filling my pm box with requests.

Sorry mate, is it impossible to say when these questions were posed? Are you talking about waiting for a week from today to respond?

[Revo]

Sorry mate, is it impossible to say when these questions were posed? Are you talking about waiting for a week from today to respond?

questions were submitted sunday morning

[Rafa Shankly]

"No interest getting into a prove this and prove that debate". So why is this person posting then?

first of all because i have every ****ing right to post,and secondly,i have every ****ing right to choose not to have a debate with someone who so obviously thrives on going against the grain and who is so obviously an attention seeking whore.(nicked from fowler god)

sack rafa ring a bell.

[disco]

I don't believe that the newspapers are reporting the treatment of the debt correctly.

A spokesman from Financial Dynamics, the City PR company which represents Hicks, said: "The holding company debt is supported by (I.e. it is collateralised by)the assets it acquired (the club is the collateral for the loan)and should there ever be any shortfall in cash flow at the club or anywhere else in Kop in any given year, Kop's ownership(Hicks and Gillett), under the terms of the financing package, is prepared to fund whatever is required.

"The debt is being handled exactly as it is handled at the vast majority of professional sports teams."


I think this basically means that if the club has the cash to spare (before or after transfers I don't know), that cash will be used for interest payments and debt repayment, but should there be a cash shortfall at the club, the owners will have to meet the shortfall.

In this scenario, provided a decent amount of transfer spending is maintained, it doesn't mean that the club is meeting all of the debt repayments at all.

I don't have any issue with this, in fact it's kind of unavoidable. The owners used a holding company to buy the club (presumably so they don't assume unlimited liability for it), and they also used debt to buy the club. Ergo the debt sits with the holding company. As the purpose of the holding company is to hold the club (i.e. to own the shares), then naturally the holding company holds the debt. As a result, imo, the holding company is responsible for the debt in the holding company structure, but like you or I, can look to assets it holds to service that debt. You could if you wanted to sell your car to pay your mortgage, it doesn't mean that your car has been saddled with a mortgage.

I suppose they could have bought the club with cash, but I don't think that would have been a sensible financial thing to do.

I said this 13.5 hours ago. They made a statement, and I've seen 3 different articles since reporting something completely different

They could have phrased it even more definitively though to prevent the press getting people even more (over)-excited.

[Tatterdemalion]

Sorry mate, I took my eyes off the thread!

[Armchairkopite]

if things are to be believed and thats a big if. the players are unhappy with whats going on the pitch.

lets just say this stevie,if im to believe what i was told, there is not only problems in the boardroom but there is hardly a love in, in the dresing room.

Thanks for the update Kev.

[scouse lad]

Here is an e-mail I got in work today, some of you might have already read it. But I will post it for those who haven't...


The goings on within Anfield at the moment are quite outstanding.

Let me be clear from the off -

D.I.C or Dubai International Capital - Remain intent on securing Liverpool.


Regardless of what Tom Hicks said on Sportsweek on Sunday morning, which for
me was at best vague, there remain serious divisions between Hicks & George
Gillett.

George Gillett did sign the new finance deal, as so to safeguard his own
'investment' (loosely used term there) - but the relationship between the
pair is at crisis point.

George Gillett's son has LEFT Anfield at his fathers request & it's
understood by those within Anfield, he will not be returning.

George Gillett was said to be 'outraged' by Hick's public comments about the
approach made for Jurgen Klinsmann & pulling his son out from Anfield was a
public show of his anger.

However with Foster leaving, big problems will arise as he was responsible
for all the communication between the American owners & Roffa'.

I understand he got on very well with Foster & he was responsible impart for
Benitez not walking out just recently. Benitez was made aware he had
Gillett seniors full support, where as Hicks, as I said in another post -
wanted him sacked.

Gillett vetoed the move & a power struggle ensued.

Gillett's refusal to back Hick's caused problems, on top of the big problem
s
that already exist due to the financing.

George Gillett is it seems quite a decent chap. From the people I have
spoken with who know him or have knowledge of him, he sounds affable,
charming & I suppose most importantly, has a genuine liking for Liverpool.


Gillett wants to remain true to his word. When he promised Mr. Moore's & the
board members, his intention was not to saddle the club with debt, he meant
it, but when he was gifted his opportunity to buy Liverpool, it fast became
obvious he wouldn't be able to do it on his own.

He's paper rich - not cash rich, so as a result he approached Tom Hicks & a

plan was put together quicker than a weeks holiday & the lack of initial
groundwork is proving severely ill-advised.

George Gillett is said to favour doing a deal with D.I.C, as he has realised
the 'Project' is going to prove impossible with the limited finances they
have.

He understands that:

Yes - they have the money to as Tom Hicks said 'Start digging' but that is
just about it. They do not have the means to pay for a further minimum
£300+ million it will take to complete the stadium.

This is something that Tom Hicks is all too well known for.

Promising the earth - delivering nothing.

Many thousands of Texas Rangers fans would testify to that.

Promising to build the worlds best this and that' - instead bleeding the
companies of every single Dollar, Dime & Cent.

He sells club assets - from the clubs land to the best players. He minimizes
wage bills & raises costs for real fans astronomically.

For any Liverpool fan who wants to see the degree of hate felt towards
this man - read this:

http://rangersorrobbers.wordpress.co...-against-hicks/


Many people are of the view that it is only a matter of time before George
Gillett makes public his intention to do business with D.I.C.

Gillett knows if he forces Hicks to sell his share of Liverpool to him, then
he can sell the whole package on to D.I.C, which in turn will stand to make
Gillett a massive profit.

He is the one individual who can realise D.I.C's dream.

Mr. David Moore's held recent meetings with Gillett, with the sole intention
of making it clear how deeply he disapproves of what's gone on at the club

in recent months & weeks.

He called on Gillett to honour the original terms of the takeover & has even
sought legal advice, even though that avenue would achieve little in real
terms.

Moore's is seriously worried his name is turning to mud in Liverpool & is
determined to win back the fans he still regards as his own. He doesn't want
to go down in Liverpool's proud history as the man that managed to help
sink Liverpool FC.

When Moore's made his feelings known to Gillett, Gillett promised he would
either live up to the original promise but if that proved impossible, he
would look to do a deal with Dubai International Capital.

My friend told me Moore's was promised Tom Hicks does not & would not have
carte blanche over what happens to Liverpool.

Only last week discussions between Tom Hicks, George Gillett & D.I.C
regarding the sale of Liverpool FC were ongoing - regardless of what Hicks
claims.

Those negotiations are said to be ongoing as we speak.

D.I.C are determined to gain hold of Liverpool, but do not want to be seen
or be perceived to be paying massively over the odds for the club. They
think that would set a dangerous precedent & send out the wrong message to
people who they deal with in the future.

But no matter how vitriolic the statements Hicks makes regarding selling,
the facts are:

He is hanging on to his piece of Liverpool by a thread.

When D.I.C make there move and come to agreement with Gillett, Hicks will
have no choice but to re-evaluate his options.

So Liverpool FC Fans.

Don't panic.

There really is a bright light at the end of this ugly tunnel & that light
in the form of D.I.C will make recent events pale into insignificance &
resign Tom Hicks to his rightful place:

The history books.

from the same bloke who said Rafa will get 75m plus players sales last summer to spend.

[jrd7]

I said this 13.5 hours ago. They made a statement, and I've seen 3 different articles since reporting something completely different

They could have phrased it even more definitively though to prevent the press getting people even more (over)-excited.

Mate, that's ridiculous. If there is a shortfall on the interest, do you think (knowing what hicks has done to dallas and corinthians) that they are willingly going to stump up for that, and a £30million war chest every year till the stadium is done? ****ing cloud-bollocks-cuckoo-land some of you guys are living in.

Hicks drives up the prices then tells the fans that he'll sign better players when they start spending more. He's already done it before and has started to do it again. **** me lads, it's what this cunt does.

Heads out of arses time lads

[Dhav]

I don't understand all this debate about what Hicks pr people have said. These people have not taken one penny out of their personal savings and put it into our club. Disco and CAD might say they have given personal guarantees and letters of credit which are in effect the same thing. I beg to differ. If it comes down to it, I'm sure they will have the option of selling club assets before calling on their own personal funds. Whether they choose to or not is up for the debate, although I am sure you know what my opinion on this is. They have tied some key players down to long term contracts. This is win-win for them, in that keeping top performing players will hopefully help the club succeed on the pitch, but it also increases the value of those players if assets need to be sold.

I really cant envisage any scenario when these two will use their own funds to bail the club out. Gillett probably doesn't even have the wealth to cover them.

We are taking out loan, upon loan, upon loan. loans for G&H acquisition debt, loans for transfer spending, loans for the stadium. Pretty soon we'll be up to our neck in it. I really fear for the state of the club, especially 18 months down the line when another re-finance will be required, and who knows how much the stadium costs could rise to by that time

[CharlieMansonsSquint]

first of all because i have every ****ing right to post,and secondly,i have every ****ing right to choose not to have a debate with someone who so obviously thrives on going against the grain and who is so obviously an attention seeking whore.(nicked from fowler god)

sack rafa ring a bell.

Yes it does.

And I changed my mind and admitted I was wrong.

And you chose not to debate/counter my opinion/argument because you simply don't have one of your own. You've gone with the common consensus and decided that's good enough.

[Dhav]

Mate, that's ridiculous. If there is a shortfall on the interest, do you think (knowing what hicks has done to dallas and corinthians) that they are willingly going to stupm up for that, and a £30million war chest every year till the stadium is done? ****ing cloud-bollocks-cuckoo-land some of you guys are living in.

Hicks drives up the prices then tells the fans that he'll sign better players when they start spending more. He's already done it before and has started to do it again. **** me lads, it's what this cunt does.

Heads out of arses time lads

They won't call on their personal funds. I am almost certain of it.

Moores and Parry have allowed the club to be bent over and anally raped by these two ****s. Can anyone ever remember a time when the club was in such turmoil?