Originally posted by kop-al-74
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Not really. Just trust me
Trey Nyoni: countdown to stardom-2 years1year0.5 years -
No i think it would hurt him more. As things stand liverpool's financial position is precarious and failure to qualify for the CL next season could see us in serious financial meltdown. We will not be able to pay back that £28m interest and then the **** would really hit the fan.Originally posted by carheex View Post
Any negative impact on any income stream will directly affect hicks and gillett.
These two are jokers - there is no question about this. They dont have the finances to take us forward and want to plunge us into a higher level of debt that man utd without having their income for at least another 3 years.
Its going to end badly for them and during this period we will suffer.[B]Sir Isaac Newton knew the universal law of karma - any action has its equal and opposite reaction.[B]Comment
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Originally posted by Operation View PostNot really. Just trust me
Explain it man.
Explain to me what you mean.-----------------------------------------------
'Football is a simple game based on the giving and taking of passes, of controlling the ball and of making yourself available to receive a pass. It is terribly simple.'
Bill Shankly.Comment
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Originally posted by el matador View Post
Yeah, good plan...basically, let's go into administration, lose our best players to our rivals, and struggle to survive...
Good god, Hicks is a business man first and foremost, and in order for our club to be a worthwhile acquisition, he has to make sure it's successful. It would not be in his best interests (let alone the clubs) to allow us to fail, so he will ensure that doesn't happen.
Yes, we will have a debt over our heads, possibly up to 600/700 million once the stadium financing goes through (and it will, when it's ready...no point in getting financing for it yet, not in an unfavourable market)...but once that stadium is built, we will be in the exact same situation as the Scum down the road...in debt to the tune of 700 million, but making more than enough in revenue to cover both repayments and financing of player purchases.
Hicks has obviously used United as a model for his ideas, and with our global fanbase we will be able to if not match, at least come close to United on all fronts, both on the pitch and off.
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The question is how is that significantly different to the other bankruptcies he has gone through. He takes risks with his businesses in hope of big rewards but he insulates himself from the worst of the fall out otherwise he would not still be so well off.Originally posted by el matador View Post
How would being plunged into debt we couldn't manage and having to potentially sell off assets not hurt us greatly and set us back further? The revenue streams we have just about make the current business plan viable short term and the gamble is what will happen with the rate of borrowing. I also suspect that all alternatives including DIC will load the stadium debt onto the club in the future - like Arsenal the pay off comes in the future with increased revenue streams."The man who never alters his opinion is like standing water, and breeds reptiles of the mind."
-- William BlakeComment
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Good post- It seems some people want to blame 'out of towners' for everything.Originally posted by kop-al-74 View PostComment
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i think the fact is at united that 99.99999% remained and enjoyed themselves as an american business man continued to bankroll a title winning team while the rest were probably in the FC united squad....Originally posted by fredo View PostComment
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Yup, Glazier put the club into massive debt, whilst still allowing Ferguson to build his team...Originally posted by Mr Tourette View Post
Kind of like what will happen to us when (not if) the stadium gets built.
No, i'm not pro-hicks, i'm just drawing comparisons...it's united we want to compete with, so they are a good business model to follow.Comment
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There is a substantial difference in both starting squad quality and income though which shouldn't/can't be ignored.Originally posted by scratch View Post"The man who never alters his opinion is like standing water, and breeds reptiles of the mind."
-- William BlakeComment
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That's my point overall. Hicks is not a great businessman because some of his deals have gone tits up - look at what he did in Brazil with corinthians.Originally posted by dww View Post
Hicks is bad news for us. One of the things going for us is that the EPL is the strongest league in the world and having Everton, Villa, City and Pompey push us for the final CL spot shows that. You can bet that Villa and Everton will spend heavily again in the summer - possbily even more money than us. Where will that leave us - struggling to get fourth spot again against rivals who have invested more money because they dont have to pay £28m per season to the bank.
Hicks and Gillett realise that they have to constantly invest in the team to keep above the chasing pack and we're not talking £10m per season - we're looking at £20 - £25m each season. To bridge the gap to the top 3 we might have to invest even more.
They dont have the financial firepower or the balls to do that. We will struggle under these two to break into the top 3 and mount a serious challenge.[B]Sir Isaac Newton knew the universal law of karma - any action has its equal and opposite reaction.[B]Comment
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True, but i did say once the stadium is built. And i believe that once that happens, our matchday income will match (possibly eclipse, depending on the number of corporate boxes built in) that of Uniteds, and with a massive global following, proper marketing will see us keep pace on that front.Originally posted by dww View Post
And as for starting squad quality, i still believe that Rafa's squad, bar one or two players is good enough to compete with the other three contenders.Comment
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the bottom line is the club and football is now 100% a business, regardless who's hands the club is in - they will undoubtedly attempt to make us a more successful business, otherwise there is no point in making the investment - by all accounts we aren't particularly profitable right now....Originally posted by dww View Post
American or not (being a 'Yank' is nothing to do with anything) - any future owner (Abrahmovich aside) will have to take certain financial gambles in order for us to become more profitable. The club will be loaded with certain debts in order to build a new ground and keep the team successful. Its the way its going to be - i don't understand what people want? a miracle?Comment
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Thanks, i've been lookng for this address for ages,Originally posted by designer7 View Post
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