Hicks:"I am solidly behind Rafa"

[AFII]

1/ The only debt is for the stadium. They never said that wouldn't be against the club and TBH to do it any other way would be assinine.
2/ You don't know what the dialogue was between Rafa and H&G. Maybe Rafa forced their hand. Wouldn't be the first time. In the absence of FACTS give them the benefit of the doubt.
3/ They've got us Babel, Torres and have got a 55m loan for FUTURE transfers.

So what exactly is the problem?

It's a £45m transfer budget for the next three transfer windows according to Bose and Mascherano is included into that so Rafa will have a transfer budget of around £9m/window.

I can't call that backing the manager.

They said that they wouldn't put any debt against the club and it's not only the stadium money that is against the club.

[El Jefecito]

It's a £45m transfer budget for the next three transfer windows according to Bose and Mascherano is included into that so Rafa will have a transfer budget of around £9m/window.

I can't call that backing the manager.

They said that they wouldn't put any debt against the club and it's not only the stadium money that is against the club.

So your are pissed that we are going to sign El Jefecito + 45m + whatever Rafa brings in plus the normal 20m+

I thought we wanted a company that wasn't run like Abrahimobitch. Make up your mind!

[Alpha]

1/ The only debt is for the stadium. They never said that wouldn't be against the club and TBH to do it any other way would be assinine.
2/ You don't know what the dialogue was between Rafa and H&G. Maybe Rafa forced their hand. Wouldn't be the first time. In the absence of FACTS give them the benefit of the doubt.
3/ They've got us Babel, Torres and have got a 55m loan for FUTURE transfers.

So what exactly is the problem?

They bought the club under false pretences.

At the time, they went to great lengths to convince us all that their purchase of Liverpool was not a leveraged buyout akin to the Glazer's purchase of Manchester United.

But a year later and we see that is exactly what it is.

[El Jefecito]

They bought the club under false pretences.

At the time, they went to great lengths to convince us all that their purchase of Liverpool was not a leveraged buyout akin to the Glazer's purchase of Manchester United.

But a year later and we see that is exactly what it is.

They didn't say it wasn't a leveraged buy out. Hell anyone with any sense knew it would be leveraged as Hicks is the best at that in the whole world. All they said is that they wouldn't saddle the club with the purchase debt. Given that they are personally guaranteeing the Kop Holdings part of the loan I don't see where the issue is.

They always said that the debt for the stadium was undetermined. Anyone who expected them to secure that against anything other than future revenue was niave in the extreme.

[Tom]

Who's paying the interest on kop holding's loan though? It won't be the 2 yanks that's for sure.

[disco]

Who's paying the interest on kop holding's loan though? It won't be the 2 yanks that's for sure.

Dividends from the club.

IF the club can pay a dividend.

[jrd7]

They didn't say it wasn't a leveraged buy out. Hell anyone with any sense knew it would be leveraged as Hicks is the best at that in the whole world. All they said is that they wouldn't saddle the club with the purchase debt. Given that they are personally guaranteeing the Kop Holdings part of the loan I don't see where the issue is.

They always said that the debt for the stadium was undetermined. Anyone who expected them to secure that against anything other than future revenue was niave in the extreme.

And so it begins again..............Of course they said we wouldn't be paying for them to buy the club - have you not read the ****ing quotes from those pair of cunts?

Debt from the stadium on us - fine, we have to pay our way. We've paid for this club once and now we're doing it agian for exactly the same 9m transfer budget we had before.

Once Rafa sells a couple in the summer and ends up with, say 15mill and he buys one player to add to the starting 11. Who the **** do we keep selling to raise an extra 10 mill a year to give rafa a yearly budget of a Michael Carrick or an Owen Hargreaves.

I said yesterday that the ****ing apologists would be out in force with the stadium and their lies about the debt - we're even accepting we should pay some of the cost for them to buy the club. Well you can **** right off

It's like the last 3 months of trawling through sites to try and get a snippet of info about our club being attacked from the inside, hasn't happened. ****ing surreal and shameful. "Let's wait and see, it's done now".

Right now ****ing Tom Hicks is walking around naked, but you keep thinking he's wearing the finest silk in all of the land - paid for on club expenses of course. Wake up and smell the coffee - everything that has come to light about Hicks' other "franchises", the way he treats people - the way he's treated all of us.

Sorry - but I believe anyone who just plays the wait and see card needs to read the story about David Gill's recent vandalism - that's all we'll be doing in a years time if we don't keep the pressure up now.

GET THEM OUT

[Alpha]

They didn't say it wasn't a leveraged buy out. Hell anyone with any sense knew it would be leveraged as Hicks is the best at that in the whole world. All they said is that they wouldn't saddle the club with the purchase debt. Given that they are personally guaranteeing the Kop Holdings part of the loan I don't see where the issue is.

They always said that the debt for the stadium was undetermined. Anyone who expected them to secure that against anything other than future revenue was niave in the extreme.

If you think anybody who expected G&H to finance the stadium themselves is naive, how would you describe somebody who believes the club won't suffer the consequences of it's holding company defaulting? Hicks has previous. If you know he is the best in the world at LBO's, you should know this too:

http://www.forbes.com/lists/2007/31/...rs_315393.html

[badpiggy]

i don't know what to think at this stage. well i know one thing - i'd like some quiet time away from leveraged buyouts, backstabbing *******s, "****in yanks", "****in arabs", DIC, kop holdings, foster is a cunt, hicks is a cunt, gillett is a gimp, silent partners, smokescreens, insider knowledge, insider trading, RTK and its dodgy embarrassing slogans, rafa in a tracksuit, rafa looks like he's dying, buy everyone, sack rafa, keep rafa forever, masher is a snip at 17 million, masher is a waste of space

and instead i'd like absolutely no statements from h and g, dic or rafa about anything. actually, i can't wait for the transfer window to slam shut and let me back to festering gently in an internet soup of player criticism and bitching about uberfans.

[redblood]

I don't think anyone is going to believe that Rafa is Hicks first choice but recent events may have persuaded him that for the short term (next season included possibly) he is the best choice. We have seen a steady stream of young players picked up and Skrtel come in this window which indicates that G&H have at least acknowledged Rafa's concerns about CB cover and appear to back his reorganisation of the youth setup.

For me to be convinced that their statement means anything more than a temporary truce I would want to see at least one more attacking signing this month or a deal done for Mascher.

I would agree with that statement mate, also I think the question has to be asked did they change their approach to Rafa and the re-financing because of the supporter pressure.
The Stadium Design looks good and the way they have re-financed includes personal investment and personal guarantees which means they are putting their money where their mouths are.
Don't get me wrong I still think Hicks in particular is a bollox and while Gillett is guilty, I feel he is a lot less complicit in all of this.
So did we change their minds or did they lie in the first place, personally I think they lied hoping they would get away with it and they certainly didn't expect the back lash they got.

[vantage]

You have to get behind someone before you can stab them in the back.........

[redblood]

Who's paying the interest on kop holding's loan though? It won't be the 2 yanks that's for sure.

Of course it won't mate but what level or interest are we talking about, I'm not letting these guys of the hook but is the interest likely to be phenomenal I would imagine if they've done things right it won't be or at least it shouldn't be.

[Johnny]

They didn't say it wasn't a leveraged buy out. Hell anyone with any sense knew it would be leveraged as Hicks is the best at that in the whole world. All they said is that they wouldn't saddle the club with the purchase debt. Given that they are personally guaranteeing the Kop Holdings part of the loan I don't see where the issue is.

They always said that the debt for the stadium was undetermined. Anyone who expected them to secure that against anything other than future revenue was niave in the extreme.

I feel like I`ve passed the baton on,Speedysan.

[Johnny]

It's a £45m transfer budget for the next three transfer windows according to Bose and Mascherano is included into that so Rafa will have a transfer budget of around £9m/window.

I can't call that backing the manager.

They said that they wouldn't put any debt against the club and it's not only the stadium money that is against the club.

I disagree.

[Alpha]

I feel like I`ve passed the baton on,Speedysan.

If you think anybody who expected G&H to finance the stadium themselves is naive, how would you describe somebody who believes the club won't suffer the consequences of it's holding company defaulting? Hicks has previous. If you know he is the best in the world at LBO's, you should know this too:

http://www.forbes.com/lists/2007/31/...rs_315393.html