DIC latest - the largely wild speculation thread

[DannyMan2006]

they bought the club on the cheap, financed the lot with expensive loans to sell us a year later to the arabs, making a tidy profit in the process

they played moores and parry and sold them the "were in this for the good of the club, long haul" line and come this summer will be laughing all the way to the bank

cunts.

Oi, stick to the PS3

One thing I can say, is that as Hicks has the potential to make a profit now, but is apparently putting all his businesses on the line, at least that would show that he is in for the long haul and does want to see us do well.

Personally I don't have to great a problem with Tom Hicks, lies and all.

My problem is he hasn't got the finances to carry out what needs doing.

[DannyMan2006]

sarb24 and speedyg, you're both fans of the club but have different views n what is required for the best of the club.

This doesn't make either of you mugs. Why insult each other over this never ending saga?

Grow up FFS

[Sarb]

sarb24 and speedyg, you're both fans of the club but have different views n what is required for the best of the club.

This doesn't make either of you mugs. Why insult each other over this never ending saga?

Grow up FFS

[El Jefecito]

sarb24 and speedyg, you're both fans of the club but have different views n what is required for the best of the club.

This doesn't make either of you mugs. Why insult each other over this never ending saga?

Grow up FFS

Who made you forum cop?

[livvy145]

Who made you forum cop?

Do as your told.

[le2red]

they bought the club on the cheap, financed the lot with expensive loans to sell us a year later to the arabs, making a tidy profit in the process

they played moores and parry and sold them the "were in this for the good of the club, long haul" line and come this summer will be laughing all the way to the bank

cunts.

As business men which is what they are, nothing wrong with what H&G have done - from their point of view

The only c**** in this from where I am sitting are Moores and Parry, who have spent years not developing the club correctly and then being sold a pup by H&G.

[pezzzer]

Oi, stick to the PS3

One thing I can say, is that as Hicks has the potential to make a profit now, but is apparently putting all his businesses on the line, at least that would show that he is in for the long haul and does want to see us do well.

Personally I don't have to great a problem with Tom Hicks, lies and all.

My problem is he hasn't got the finances to carry out what needs doing.

im using my ps3 to post on here

the only good thing that came out of the yanks reign was the new stadium plans

the first time i saw those fuzzy phone pics i new it was going to be something special and far better than the identikit ikea bowl we had in place befor

but alas there just plans and hicks is still a fat lying cunt

[pezzzer]

As business men which is what they are, nothing wrong with what H&G have done - from their point of view

The only c**** in this from where I am sitting are Moores and Parry, who have spent years not developing the club correctly and then being sold a pup by H&G.

just a google search from parry and mores and half an hour on the other hicks owned sports forums would of told them all they neede to know

but didnt moores get more money personally from going with h and g?

ultimately is was moores job to find the right buyers for the club and for that he should hang his head in shame and appologise when (IF) this mess gets sorted out imo

[El Jefecito]

Do as your told.

[Vermilion]

I don't think Hick's diluting his other business interests in order to gain control of LFC proves he cares about the club, imo he has decided that 'The Reds' are his best Assett for making a huge chunk of cash, in the near or not so near future.

Also i worry that if this has now become personal with him, his decisions could well be floored, which could hurt him financially in the short term, but hurt OUR club FAR more in the long run. Stubborn GIT.

[jayjay]

You are exactly the type of tool Fred is on about. Which bank in the whole world would make a loan which could not be repaid

A quick look on google on the subject of the sub-prime or credit crunch crisis and I think you'll find that the vast majority of banks, including the majors have been running their businesses in exactly that way in recent years i.e. lending money to people who had no chance of ever being in a position to pay it back. The just wrap it up and sell it on to the bond market.

On another matter, this confusion over our need to borrow to fund last years transfers (mentioned in the latest article in the thread), I guess it went on the interest payments for the original loan?

[Sarb]

A quick look on google on the subject of the sub-prime or credit crunch crisis and I think you'll find that the vast majority of banks, including the majors have been running their businesses in exactly that way in recent years i.e. lending money to people who had no chance of ever being in a position to pay it back. The just wrap it up and sell it on to the bond market.

On another matter, this confusion over our need to borrow to fund last years transfers (mentioned in the latest article in the thread), I guess it went on the interest payments for the original loan?

Wasn't the whole credit crunch related to the fact the banks lent to people with bad credit....and basically to anyone and everyone?

[AFII]

As business men which is what they are, nothing wrong with what H&G have done - from their point of view

The only c**** in this from where I am sitting are Moores and Parry, who have spent years not developing the club correctly and then being sold a pup by H&G.

G&H are cun*ts too but I agree with you that G&H only used an opportunity created by a very bad businessman, Moores and a vampire CEO, Parry.

I respected Moores very much but that respect is now replaced by disgust thanks to the way he sold the club.

[Steve001]

I have posted something similar to what I am posting now in the recent past and been shot down by one or two but what the hell, I am going to go for it again and take the chance. What I will say before I write any more is that I am no fan of Hicks and the sooner he is gone, in my opinion, the better. But the reason I say that is not because of his financial dealings, I just don’t trust and/or like the guy from what I have seen and read.

The fact that Hicks (and Gillett) have borrowed money to buy/finance the club is irrelevant. If the club had an all cash investment put in then chances are it would show an operating profit at the end of a year and would end up paying tax. By loading debt and taking the repayment risk on his/their other assets, chances are they will run large losses going forward for the next 3-4 years and as and when they get to the stage whereby they can sell out for a profit (which I assume is the game plan) then they will be able to offset (or whatever the accounting term is) all the ‘Investment’ (interest payments) they have had to shell out for over the preceding years and take all the capital gain.

If I had £350Milion in available cash, I would expect at least a 7-10% return on it every year anyway so, be it cash or debt, some £30million is due on the money anyway, as either capital appreciation or interest payment.
Now where did I put that hard hat ?

[dawmdt]

You are exactly the type of tool Fred is on about. Which bank in the whole world would make a loan which could not be repaid

http://en.wikipedia.org/wiki/Subprime_mortgage_crisis