Which would you choose

[Craig_H]

Its the same as worrying if you are going to get hit by a car if you go out, could happen but why get into a panic about it. I think the only way they would have turned the loan down was if it looked like we couldnt make the repayments (which we can and should be a lot less than expected) or if another buyer was interested.
I want rid of them as well, but dont see the point of scaremongering when we know very little of what is actually happening.
You seem to want to believe the worst and then reject the possible good news of a third investor.

No, someone completely dismissed the notion of adminsitration and i'm simply pointing out why it COULD happen.

The financial markets are dying a slow death and the banks are struggling - if you're struggling and someone owes you a healthy wedge, in some cases, you might ease your worries by asking for your money back.

It's not scaremongering, it's just accepting the possibilities - as opposed to closing my eyes, fingers in my ears and singing la la la la la.

[Vermilion]

Chelsea do not have £8 Billion. Abramovich does (ish - the value of his assets is falling).

He has not given them any money, he has lent it to them, albeit interest free. It has to be paid back, but they are still operating at a loss.

Paying for transfers in instalments is normal practice.

I don't know why you are singling out LFC. The arguments you give are the same for practically all clubs.

I really don't see it that way at all, i think our rivals are financially better off and better set for the future than we are, they either have the finance in place or a means to generate it, also, don't underestimate the value of 'Interset Free' loans from Abrhamovic, interest on loans and the payment of said interest will be a huge part of Liverpools future under H&G.

[Vermilion]

No, someone completely dismissed the notion of adminsitration and i'm simply pointing out why it COULD happen.

The financial markets are dying a slow death and the banks are struggling - if you're struggling and someone owes you a healthy wedge, in some cases, you might ease your worries by asking for your money back.

It's not scaremongering, it's just accepting the possibilities - as opposed to closing my eyes, fingers in my ears and singing la la la la la.

I love that old song. Strangers in the night....do dodo do do.

[Woobus]

No, someone completely dismissed the notion of adminsitration and i'm simply pointing out why it COULD happen.

The financial markets are dying a slow death and the banks are struggling - if you're struggling and someone owes you a healthy wedge, in some cases, you might ease your worries by asking for your money back.

It's not scaremongering, it's just accepting the possibilities - as opposed to closing my eyes, fingers in my ears and singing la la la la la.

Well administration isnt on the agenda, it could well happen but then it could happen to any of the clubs. The only way I think it could happen is if we miss out on Champs League, but then I feel United and Arsenal would be in serious problems as well if that happens to them.

[Craig_H]

Well administration isnt on the agenda, it could well happen but then it could happen to any of the clubs. The only way I think it could happen is if we miss out on Champs League, but then I feel United and Arsenal would be in serious problems as well if that happens to them.

You insist that administration isnt a genuine possibility, but you wont answer my question of what happens if the banks ask for their money back?

[dom9]

What about my question about what happens if the banks decide not to refinance and say they want the debt repaid?

If the debt can't be repaid, then they would have to write it off, or reposses the club. It's far more sensible to come up with a solution acceptable to all concrned.

But the loans haven't been defaulted so there is no problem.

Even in Leeds darkest days, the club were not reposessed by the bank.

[Woobus]

You insist that administration isnt a genuine possibility, but you wont answer my question of what happens if the banks ask for their money back?

I did earlier you must have missed it

"I think the only way they would have turned the loan down was if it looked like we couldnt make the repayments (which we can and should be a lot less than expected) or if another buyer was interested."

I am not insisting that administration isnt a genuine possibility as who knows what will happen in the future. I am insisting that it isnt on the agenda at the minute, and I think unless something major happens it wont be.
Believe me I am in no way trying to predict what will happen in the future, but as it looks now I cant see why they would call the loan in.

[Kenneth]

I really don't see it that way at all, i think our rivals are financially better off and better set for the future than we are, they either have the finance in place or a means to generate it, also, don't underestimate the value of 'Interset Free' loans from Abrhamovic, interest on loans and the payment of said interest will be a huge part of Liverpools future under H&G.

True, but being league champions would bring in lots of extra cash and help cover the loans. Success breeds success.

[Craig_H]

If the debt can't be repaid, then they would have to write it off, or reposses the club. It's far more sensible to come up with a solution acceptable to all concrned.

But the loans haven't been defaulted so there is no problem.

Even in Leeds darkest days, the club were not reposessed by the bank.

What bank would write off a debt of £350m?

When you say 'repossess the club', does that not mean administration then?

Course it does.

[dom9]

What bank would write off a debt of £350m?

When you say 'repossess the club', does that not mean administration then?

Course it does.

Exactly, they wouldn't write it off, they can't, so it is not a serious option.

Repossing the club does not mean the administration, they would try and sell it as a going concern first.

Things are a long, long way off that.

It is in everybody's interest to come up with a mutually acceptable solution, which they have done.

[Shanks]

Even with new owners, it could be another 5 years before we got a title.

Rafa may not even be with us and we may not be able to guarantee the players.

It has to be a PREMIERSHIP title all the way.

I would hate to have the Mancs gloating about equaling or even moving ahead of our record.

[Craig_H]

Exactly, they wouldn't write it off, they can't, so it is not a serious option.

Repossing the club does not mean the administration, they would try and sell it as a going concern first.

Things are a long, long way off that.

It is in everybody's interest to come up with a mutually acceptable solution, which they have done.

It would amount to the same thing and in the current climate, i dunno how many people would be ready to spend £350m+ just like that.

In which case, they'd start selling off assets and we'd basically be ****ed.

[Kenneth]

Exactly, they wouldn't write it off, they can't, so it is not a serious option.

Repossing the club does not mean the administration, they would try and sell it as a going concern first.

Things are a long, long way off that.

It is in everybody's interest to come up with a mutually acceptable solution, which they have done.

Who would, the bank? Hardly. That would be Administators then.

[Craig_H]

Who would, the bank? Hardly. That would be Administators then.

[anfieldanfield]

The buisiness side of football bores me to tears.