Kop Yanks to be run out of town next month

[homer1]

I don't think the fans that have seen ticket price hikes, and the compulsory purchase of cup game tickets by season ticket holders, would agree with you.

If anyone thinks that G&T, DIC or anyone else for that matter is going to come in, pump hundreds of millions of pounds into the club without ticket prices increasing they are dillusional IMO

It is inevitable unfortunately so we may get used to that notion whoever owns us

[redmacca]

everytime a story like this gets printed i have a hard time believing it because its always "could sell up within the next two weeks" or "could sell up by the end of the month" but nothing ever happens.

until i hear an official statement saying a deal has been made/close to being made i wont hold my breath that it will happen

[AFII]

They will probably buy out the Carlsberg sponsorship contract if they buy us IMO.

It wouldn't look good if their team had a sponsor that sells alcohol.

[Harv]

They will probably buy out the Carlsberg sponsorship contract if they buy us IMO.

It wouldn't look good if their team had a sponsor that sells alcohol.

thats would be the second thing out the door *(to Parry)

We would most probably have a Dubai tourism thingo on our shirts...much like Emirates etc.

not sure what the options would be.

[Tee]

You know at the end of this sorry saga (assuming there is an ending!!) Hicks & Gillett will have proven one thing at least - they are very shrewd businessmen - to make the kind of profit they are talking about in just over a year is pretty impressive.

I just hope Parry is given a public flogging when DIC come in - and Moores is given an official pardon for his mistake of judgement.

[Rafa Shankly]

You know at the end of this sorry saga (assuming there is an ending!!) Hicks & Gillett will have proven one thing at least - they are very shrewd businessmen - to make the kind of profit they are talking about in just over a year is pretty impressive.

I just hope Parry is given a public flogging when DIC come in - and Moores is given an official pardon for his mistake of judgement.

if the truth be known im not sure they set out to make a profit on us in just over a year,id like to think their intentions were good and they were initially in this for the long haul.

the fact that they may have to sell up and make a nice little profit is by the by,more a pleasent mistake than the actions of shred business men.

[dawmdt]

if the truth be known im not sure they set out to make a profit on us in just over a year,id like to think their intentions were good and they were initially in this for the long haul.

the fact that they may have to sell up and make a nice little profit is by the by,more a pleasent mistake than the actions of shred business men.

Perhaps, but any decent business plan would have a set of exit strategies for 1-year, 2-years etc etc so it was probably already factored into their risk if they did decide it was too much for them.

[Rafa Shankly]

Perhaps, but any decent business plan would have a set of exit strategies for 1-year, 2-years etc etc so it was probably already factored into their risk if they did decide it was too much for them.

which only works if you have someone like DIC willing to step in and buy them out?

[Dhav]

which only works if you have someone like DIC willing to step in and buy them out?

Exactly. If it weren't for DIC being interested, then I could easily see the club being led to ruin under these two, and that would prove what cowboy businessmen they are.

Apart from DIC, there doesn't seem to be many interested parties.

[barnes10]

parry and moores and whichever cowboy outfit they hired to 'seek out suitable investors' should all be publicly flogged for incompetence.

they seriously undervalued our club and completely screwed up their dilligence on the people they sold to.

panic from the DIC pull out (ooo err) or not, they screwed up.

[DannyMan2006]

"You can only sell the family silver once"

True enough, but that doesn't stop the buyers selling it on in double time.

With regards to the profit G+H make, a few questions.

# Do we know exactly how much the club loaned from the bank?

# Do we know if the figure we have loaned also includes prospective interest payments?

# Do we know if the quoted £450m is being used to pay of every bit of debt on the club?

# Do we know how much of their own money they have splurged on LFC?

and finally, do we knw the exact price DIC are paying?

Because only then will we know if DIC have lost out big time by not sealing the deal in the first place, and if the Yanks have indeed made a huge profit.

I'm sure the Yanks will make a profit, but figures mentioned in papers are generally mixed up. Don't forget, depending on what you read the fee for Torres was anything between £18m and £26m, a whopping diffenence of £8m!

[jrd7]

"You can only sell the family silver once"

True enough, but that doesn't stop the buyers selling it on in double time.

With regards to the profit G+H make, a few questions.

# Do we know exactly how much the club loaned from the bank?

£350m

# Do we know if the figure we have loaned also includes prospective interest payments?

When you get a mortgage, do you also borrow your interest payments? I wish.......

# Do we know if the quoted £450m is being used to pay of every bit of debt on the club?

Would have to - £350m for the debts - £100m for the cunts

# Do we know how much of their own money they have splurged on LFC?

Yep. Pick a figure between £-1 + £+1


and finally, do we knw the exact price DIC are paying?

Nothing yet because a deal hasn't been made.

Because only then will we know if DIC have lost out big time by not sealing the deal in the first place, and if the Yanks have indeed made a huge profit.

If the press figures are accurate then they've lost loads by not securing us first time around. The quoted £450m we were bought for was to include the money to build us a stadium. If true then that only increases their committment to us.

I'm sure the Yanks will make a profit, but figures mentioned in papers are generally mixed up. Don't forget, depending on what you read the fee for Torres was anything between £18m and £26m, a whopping diffenence of £8m!

Again, whatever they paid for him was bought with a loan that has been grouped in to our current £350m of debt.

Thank you please

[jrd7]

parry and moores and whichever cowboy outfit they hired to 'seek out suitable investors' should all be publicly flogged for incompetence.

they seriously undervalued our club and completely screwed up their dilligence on the people they sold to.

panic from the DIC pull out (ooo err) or not, they screwed up.

Read my posts on Moores and you'll know I'm not a fan with how the pair of them handled this, but in complete fairness to him, he sold us cheaply so we could build a stadium and the team at the same time. His problems came with the reaserch his team did, and the assurances he didn't get. Not his valuation.

If we'd have been bought for 400m by the Yanks then there would be no hope until of the current cunts selling us for under £600mil, in my opinion, and that's without the stadium.

[DannyMan2006]

# Do we know if the figure we have loaned also includes prospective interest payments?

When you get a mortgage, do you also borrow your interest payments? I wish.......

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Sorry Jrd7, I mean does the £450m quoted buy out include the payment of interest that is expected to be paid, or does it include a price for defaulting on the loan?

I think we can guess £350m is borrowed but how much would we end up paying in the long run? £420m?

If so does the £450m include the above figure?

[Steve001]

"You can only sell the family silver once"

True enough, but that doesn't stop the buyers selling it on in double time.

With regards to the profit G+H make, a few questions.

# Do we know exactly how much the club loaned from the bank?

# Do we know if the figure we have loaned also includes prospective interest payments?

# Do we know if the quoted £450m is being used to pay of every bit of debt on the club?

# Do we know how much of their own money they have splurged on LFC?

and finally, do we knw the exact price DIC are paying?

Because only then will we know if DIC have lost out big time by not sealing the deal in the first place, and if the Yanks have indeed made a huge profit.

I'm sure the Yanks will make a profit, but figures mentioned in papers are generally mixed up. Don't forget, depending on what you read the fee for Torres was anything between £18m and £26m, a whopping diffenence of £8m!

The answer to most of your questions I suspect is no, we can’t possibly and quite likely never will know how much was borrowed but it was widely reported as a total figure of £350M. That said, of the quoted £350 refinance, £60 million was said to be for the first part of the ‘new stadium’ so on the basis that they ain’t started that yet then I assume that £60M of the loan has not been drawdown and so the most the debt can be is £290. I think some £40M to £45M was suggested as being working capital and player purchases and on the basis of only Skrtel in and Sissoko out in recent times, some of that money may still not be ‘drawdown’ also. So the actual monies outstanding today will be less than the stated £350, I think!

If I recall, when we all thought DIC were to be the original buyer, the plan was for them to fund the new stadium that was on the cards then, IE: the Moores/Parry 60,000 seater bowl. What the Yanks have done in investigating the options of a 70-75+K seater is to make the longer term business plan more attractive and hence why DIC are possibly (hopefully) prepared to pay a premium over what they were looking to originally invest to take over.

As has been said by previous posters, DIC (Dubai Government) can possibly justify a good deal of the proposed purchase price increase in being associated with a ‘brand’ like LFC, IE sponsorship value. As I get older my memory is not what it was what but I am sure I remember a figure of £100M for the stadium naming rights at the Arsenal, so if Emirates (Dubai Government airline) think that is good value, actually owning the club must be with all the opportunities that brings, it must be uniquely attractive to them!

And the reason Hicks may be kept on the board ‘IF’ this deal goes ahead is quite likely to be because of the stadium and his ‘Premium Price’ will be performance based, ie: he will only get his premium/profit if certain milestones are reached (as per his business plan) and so to do that he needs the right to be on the 'inside' to see it through and the only way to do that is on the board.

Just my thoughts!