Dubai International to make bid for Liverpool FC

[enema of the state]

So you think they will fund the share purchase and the new stadium from their own pockets?

I think its inevitable there will be some dept on the club itself. i think their pledge was genuine when made but world economics have undergone upheavel since which requires them to reassess.

as ive explained on previous threads, if its reasonable manageable then its probably the right thing for them to do in the current economic climate. the key is that the new ground is built and income maximised for the future.

manageable debt is a business reality - not a disaster.

it wouldnt be the end of the world and it wouldnt be "loss of the club". im bored listening to people who think it would and even more bored of listening to that numpty paul cooper

[Rafa Shankly]

none whatsoever

thats obviously not true because youve just went about putting everyone in the right(as you see it).

my problem with people like you who wanna seem to be objective is that you assume those who want H&G out and DIC in only want them because they think we`l be the next chelsea.
thats not the view im getting from those people.

the americans have ****ed up big time,weather you wanna admit it or not,and theyve only been in charge for a year.

nothing they have promised us has happened yet,theyve stabbed the manager in the back,theyve undermined the manager which in turn has affected the morale of the team(just my opinion)

why cant you see why people are fed up with the way the club is been run,and for god sake why are you so bothered that your gonna go around righting all the wrongs(as you see them)

your not the only one,theres been a few already who seem to bask in the attention of bing the kill joy.

[Dhav]

I think its inevitable there will be some dept on the club itself. i think their pledge was genuine when made but world economics have undergone upheavel since which requires them to reassess.

as ive explained on previous threads, if its reasonable manageable then its probably the right thing for them to do in the current economic climate. the key is that the new ground is built and income maximised for the future.

manageable debt is a business reality - not a disaster.

it wouldnt be the end of the world and it wouldnt be "loss of the club". im bored listening to people who think it would and even more bored of listening to that numpty paul cooper

So in your mind, is £350m worth of debt, (which excludes the finance for the stadium) and the resultant £30m yearly interest payments manageable? Because these are the figures that have been quoted, and they scare the **** out of me.

[Tom]

I think its inevitable there will be some dept on the club itself. i think their pledge was genuine when made but world economics have undergone upheavel since which requires them to reassess.

as ive explained on previous threads, if its reasonable manageable then its probably the right thing for them to do in the current economic climate. the key is that the new ground is built and income maximised for the future.

manageable debt is a business reality - not a disaster.

30 times operating profit is not managable debt.

Your speculation about them being affected by the credit crunch was put to bed last week when Hick's spokesman said that they hadn't been affected by the credit crunch. Which means one of 2 things. Either they are lying and they have been shafted by the neo-con global economic miracle. OR they were lying in the first place. Take your pick.

[Dhav]

thats obviously not true because youve just went about putting everyone in the right(as you see it).

my problem with people like you who wanna seem to be objective is that you assume those who want H&G out and DIC in only want them because they think we`l be the next chelsea.
thats not the view im getting from those people.

the americans have ****ed up big time,weather you wanna admit it or not,and theyve only been in charge for a year.

nothing they have promised us has happened yet,theyve stabbed the manager in the back,theyve undermined the manager which in turn has affected the morale of the team(just my opinion)

why cant you see why people are fed up with the way the club is been run,and for god sake why are you so bothered that your gonna go around righting all the wrongs(as you see them)

your not the only one,theres been a few already who seem to bask in the attention of bing the kill joy.

Exactly.

Look at all the speculation, upheaval etc surrounding the club, all the accusations and counterclaims, and then tell me all is well. Patently it isn't. Anyone who thinks otherwise is blind, deluded or both.

I think some people on here just want to glory in having a different view from the vast majority.

[enema of the state]

thats obviously not true because youve just went about putting everyone in the right(as you see it)..

no, ive said what i think, im not losing sleep over some people thinking "weve lost our club" just disagreeing forcibly

my problem with people like you who wanna seem to be objective is that you assume those who want H&G out and DIC in only want them because they think we`l be the next chelsea.
thats not the view im getting from those people.

the americans have ****ed up big time,weather you wanna admit it or not,and theyve only been in charge for a year..

theyve sure made some errors but theyve done good things too

nothing they have promised us has happened yet,theyve stabbed the manager in the back,theyve undermined the manager which in turn has affected the morale of the team(just my opinion).

heard of these lads mate??





rafa seems still to be there doesnt he?

why cant you see why people are fed up with the way the club is been run,and for god sake why are you so bothered that your gonna go around righting all the wrongs(as you see them).

people were fed up with moores 18 months ago - well worse than this......

i aint righting any wrongs, just discussing the issue

your not the only one,theres been a few already who seem to bask in the attention of bing the kill joy.

basking in the attention of coops..........:whatever:

[Tom]

Just to reiterate, Hick's has said that he hasn't been affected by the credit crunch. Kind of shoots your fox mate doesn't it?

[Alpha]

I think its inevitable there will be some dept on the club itself. i think their pledge was genuine when made but world economics have undergone upheavel since which requires them to reassess.

as ive explained on previous threads, if its reasonable manageable then its probably the right thing for them to do in the current economic climate. the key is that the new ground is built and income maximised for the future.

manageable debt is a business reality - not a disaster.

it wouldnt be the end of the world and it wouldnt be "loss of the club". im bored listening to people who think it would and even more bored of listening to that numpty paul cooper

When Hicks and Gillett first bought Liverpool, I raised an eyebrow at their pledge not to raise the finance against the clubs assets. You think is is inevitable now, I thought it was inevitable then.

The point is that they made that pledge and I don't give a monkeys whether or not their intentions were/are good.

The moment our owners, whoever they are, start breaking explicit promises like that is the moment I want nothing more to do with them. And any chance of winning me round evaporated when they undermined the manager's position and scaled down the stadium plans.

[Johnny]

Exactly.

Look at all the speculation, upheaval etc surrounding the club, all the accusations and counterclaims, and then tell me all is well. Patently it isn't. Anyone who thinks otherwise is blind, deluded or both.

I think some people on here just want to glory in having a different view from the vast majority.

Some of us prefer to "Wait and see" instead of assuming the worst.

[Rafa Shankly]

no, ive said what i think, im not losing sleep over some people thinking "weve lost our club" just disagreeing forcibly

thats fair enough,im just curious as to why you have no comprehension what so ever as to why people may feel that way

theyve sure made some errors but theyve done good things too

must have missed that,care to explain?

heard of these lads mate??





did tom and george buy these 2 lads?

rafa seems still to be there doesnt he?

do you reckon he`l still be here for the beginning of next season?
because i dont.



people were fed up with moores 18 months ago - well worse than this......

we were fed up because we knew we were in the market for new owners and it was dragging on for years.

i aint righting any wrongs, just discussing the issue

no mate,your righting wrongs as you see it.






basking in the attention of coops..........:whatever:

just my opinion,i find it strange that you feel the need to answere every post you dissagree with,as i said,you havnt been the only one.

why not just one post on your take on the situation?

[Dhav]

Some of us prefer to "Wait and see" instead of assuming the worst.

Ignoring all the signs then?

[The_weatherman]

Hicks was going to fire Rafa if he didn't qualify for the knock-out stages and hire their buddy Klinsmann. He has lied to the fans and continues to do so. And IF he puts the debt for buying the club and building the stadium we are ****ed, ManU. can do it but their stadium is bigger, their playing squad is better and their revenue is higher.

Hicks has also said that football is about fan devotion not winning which for me is him intimating how things will be.

He has screwed over Corinthians and the Rangers, no-one likes him in the U.S. except Bush. I just fail to see any bright spot regarding him.

I think you must have some reservations about him enema? just some?

[ineednewfootwear]

I would like to make a point about DIC because some people may think that DIC will offer more of the same in terms of viewing our club as a cash cow. This is not earth shattering info to our fans in the middle east but may prove to be a useful insight to the rest of us. Bear with me.

My neighbour across the road is an Engineering Project Manager in Dubai. He effectively works for a part of DIC responsible for their big building projects. He works away most of the year but his wife and child stay here in the uk. He comes back for a few days every couple of months. He doesn't really like football but knows I am a Liverpool man. I spoke to him after the last DIC deal fell through and he was astonished that Liverpool didn't go with them. Until this time I wasn't aware that he had anything to do with DIC even though he lives in dubai.

He told me that he wasn't really privy to any hard info but explained the whole ethos of Dubai in general. He said the whole idea of dubai by the sheihk is a recognition that in the medium to long term the oil is running out and he wants to move his emmirate towards tourism/leisure etc.

He said that DIC is an organisation that wants a portfolio of high profile businesses whose aim is to basically advertise the merits of Dubai to the rest of the world and attract tourists and foreign money to the region. Although the projects are all hoped to be successful businesses- income generation from those businesses is not their primary function. He told me that it was DIC's intention to use LFC as a world wide brand to attract positive spin towards Dubai. This would involve pumping loads of money into the club to make it top dog.

He had no knowledge of the 7 year plan and said this wasn't really their way of doing things.

I spoke to him at xmas before the latest rumours and he didn't mention anything new but as I said before I don't think he would really know anything about that part of the business. I plan to ask him again when he returns in a few weeks.

Ed

There was an article in National Geographic about two years ago which pretty much said the same thing, except that it didn't mention Ed or his neighbour.

[Rafa Shankly]

Some of us prefer to "Wait and see" instead of assuming the worst.

what do you mean assuming the worst?

its not speculation that the club is on the verge of being ladened with debt,its true mate,its pretty bleak.

how much better can it get than it is at the moment?

[Lecter]

I think its inevitable there will be some dept on the club itself. i think their pledge was genuine when made but world economics have undergone upheavel since which requires them to reassess.

as ive explained on previous threads, if its reasonable manageable then its probably the right thing for them to do in the current economic climate. the key is that the new ground is built and income maximised for the future.

manageable debt is a business reality - not a disaster.

it wouldnt be the end of the world and it wouldnt be "loss of the club". im bored listening to people who think it would and even more bored of listening to that numpty paul cooper

Can you tell me how a club that has rarely made a profit over the last 10 years can afford to pay £30-40 million per year in debt service and interest without it affecting other things such as transfer budgets / wages etc..

Its not as if this loan is bringing in an additional asset / revenue stream (such as a stadium). That will require and additional loan on top of this

The only way I can see these two loans working and us going forward is if GG&TH inject capital into the club year on year until the stadium is built, then we might just cover enough cash to maintain a transfer budget at todays levels and pay for the stadium

Do you honestly see them injecting capital in the club, when they arent even willing to use their own money to buy the club, preferring a high interest bridging loan and then re-financing to include this plus interest plus promisory notes they have supposedly given regarding signings!!!

IF they get this initial loan the fact will be they wont have invested 1 cent in LFC apart from the fuel for their private jets

If it was a loan solely for the stadium I wouldnt be bothered I understand the reasons why even DIC would do that, but I am VERY nervous of them using the club as part of a "leveraged takeover" and then loaning further money against the club to build the stadium