Minutes from Christian Purslow and SOS Meeting

[Vermilion]

Is £60m 'significant chunks' of their combined own money?

30mill each. hmmm. And have they had any back ?

[Craig_H]

In cash terms, yes. Being worth £300m is not the same as having £300m in cash.

It's not remotely close to being 'significant chunks'.

And that's assuming they DID actually put their own cash in - which according to all i've read on the subject, they actually didnt.

So apart from the highly convincing 'but they must have' argument, what else are you basing your assumption on?

[Scratch]

Ah, this site has missed Craig arguing about things he knows little about, but still sticking to his guns and refusing to accept he may be wrong.

Craig, i salute you!!

[Craig_H]

Ah, this site has missed Craig arguing about things he knows little about, but still sticking to his guns and refusing to accept he may be wrong.

Craig, i salute you!!

Which of us are expert and have the full ins and outs of the whole G&H/LFC ownership affair?

Feel free to publish all the accurate facts and figures mate, i'll bow down to your knowledge on the topic at hand.

[JohnDoe]

Ah, this site has missed Craig arguing about things he knows little about, but still sticking to his guns and refusing to accept he may be wrong.

Craig, i salute you!!

Which of us are expert and have the full ins and outs of the whole G&H/LFC ownership affair?

Feel free to publish all the accurate facts and figures mate, i'll bow down to your knowledge on the topic at hand.

Yes, please enlighten us. James_P too, who seems to know everything G&H have been really doing.

[James P]

Yes, please enlighten us. James_P too, who seems to know everything G&H have been really doing.

Try reading the Kop Holdings accounts. It's all in black and white, and on the public record.

[el matador]

You're clearly getting confused by the distinction between being a genuine part of the process, and being an embarrassing nuisance. They have no influence over the decisions being made, but they can still be off-putting to potential investors who don't want to have that embarrassing nuisance focussed on them.

It's like having noisy neighbours. They don't get to decide what colour you paint your house or what curtains you have, but they can sure as hell put someone off buying your house.

is totally correct and unfortunately some people cant seem to accept this.

However, someone also mentioned the key words in this - emotional attachment. The kind of affinity that brands crave football clubs have in abundance and that's what makes this different from buying a mars bar.

Football fans are emotionally bonded to the clubs they support and you dont have any sort of basis to state otherwise. Im sure both hicks and gillett realise this as they were already 'franchise' owners and aware of fans behaviour.

After our children, other families and kate beckinsale (the wife doesnt make the top 10) most fans love their football clubs the most and that's a pretty big attachment. So do we have the right to bitch about hicks and gillett - abso****inglutely.

Have SOS handled this in the right way ? No they havent.

Will what they do affect potential investors ? I cant see how it couldnt ?

[Scratch]

Which of us are expert and have the full ins and outs of the whole G&H/LFC ownership affair?

Feel free to publish all the accurate facts and figures mate, i'll bow down to your knowledge on the topic at hand.

Well, it definitely ain't you, yet still you argue your case manfully. Obviously you have an extensive business background to base your arguments on?

Me, i have zero knowledge, and must base my facts and figures on our CEO, Purslow, and not any other alleged figures at all...all the figures are in the SOS minutes, and the CP minutes. £237million debt, and G&H have put in £130mill of their own money, altho CP doesn't know how they garnered this money, just that it was not against the club.

[darkstar]

I think that the world football market is all together screwed. Supporters are relying on sugar daddys to bring in overpriced footballers, which in turn push the average fan out in the cold. This problem stems from FIFA, and the way they have allowed the movement of "stars" for big money transfers. There are no debt free clubs in any of the upper tiers of the major football leagues. Clubs are forced into spending in order to remain competitive, and eventually the spending is going to outweigh the profits.

[Craig_H]

Well, it definitely ain't you, yet still you argue your case manfully. Obviously you have an extensive business background to base your arguments on?

Me, i have zero knowledge, and must base my facts and figures on our CEO, Purslow, and not any other alleged figures at all...all the figures are in the SOS minutes, and the CP minutes. £237million debt, and G&H have put in £130mill of their own money, altho CP doesn't know how they garnered this money, just that it was not against the club.

We're all basically basing our views on what we've seen, read and heard.

I've not claimed to be 'right' or 'wrong', i'm just expressing my views based on how i see things, and what i think. Same as you, i think.

So based on you having 'zero knowledge', by your own admission, it's quite a leap to jump to, to suggest that i'm 'standing my ground' even though i'm apparently and factually 'wrong', despite no clear cut 'black or white' answers being available.

In fact, i'd be inclined to think that you dont actually know what you think i am even 'wrong' about. Feel free to explain it though.

[Chrono]

So not likley to scare off any serious investors then ?

They have a voice but no power. I would think that any serious investor would do enough homework to know that SoS aren't the LFC fans collective voice.

Nobody is going to take them seriously since their sing song anyway.

[el matador]

They have a voice but no power. I would think that any serious investor would do enough homework to know that SoS aren't the LFC fans collective voice.

Nobody is going to take them seriously since their sing song anyway.

what would be interesting is to see what happens to SOS once hicks and gillett are gone. what would be the point of the SOS then unless they kind of transform themselves from the army of god into something more akin to the womens institute and organise pissups, five aside tournaments, and whatever else they want to.

[barnes10]

is totally correct and unfortunately some people cant seem to accept this.

However, someone also mentioned the key words in this - emotional attachment. The kind of affinity that brands crave football clubs have in abundance and that's what makes this different from buying a mars bar.

Football fans are emotionally bonded to the clubs they support and you dont have any sort of basis to state otherwise. Im sure both hicks and gillett realise this as they were already 'franchise' owners and aware of fans behaviour.

After our children, other families and kate beckinsale (the wife doesnt make the top 10) most fans love their football clubs the most and that's a pretty big attachment. So do we have the right to bitch about hicks and gillett - abso****inglutely.

Have SOS handled this in the right way ? No they havent.

Will what they do affect potential investors ? I cant see how it couldnt ?

this is actually their reason for investing in sport. as it means they can get away with taking the piss with prices FAR more than they could in any other business.

they saw great international brand loyalty for a knock down price when they bought us. their business plan makes good sense. its just us as fans / customers that get creamed and if we are expecting any kind of grand gestures because they are worth a lot of money then we're completely wrong.

they bought a great brand that had massive amounts of value that could be extracted. that's how they see us. and they're right. they just don't have the ability to extract it because they're leverage merchants during a recession.

oh and SOS are generally an embarrassment and releasing that was a massive own goal. its in everyone's interest to let the banks force new investment / sale of the club. its h & g's inability to refinance not the actions of some lout fans that are putting pressure on us.

[Exiled_red]

Try reading the Kop Holdings accounts. It's all in black and white, and on the public record.

Have you got a link to these please?

I for one would be very interested to see them

[James P]

They never put their own money in and they have taken money out, you could have read the extent of it all just a few weeks ago in the papers. They may have loaned the club money, I don't know, but if they have you can bet that they'll be asking for it all back. All they care about is profits, they thought they could make easy money but the recession hit them, that is true. But what they've done since then is keep their hold on the club without any long term plan, just so they could sell it on and pocket a nice sum of money, without doing anything of course.

Read the accounts. Read what Purslow said. And if you still think that you know best, then I suggest that we park this debate as we're never going to agree.

If you're going to defend their actions, you're wasting your time. Their actions cannot be forgiven. They have lied and continue to lie to us on every occasion, making false promises even today. Hicks talking about us having a BIG summer without him being in any kind of position to make those statements is an example.

Woohoo! Something we agree on! At no point have I said that I support G&H and how they've run the club. I just don't like the sensationalist and inaccurate claims made by people with no foundation or recourse to common sense. Let's stick to the facts, and then the debate will at least have some value.

It won't go tits up fortunately because there are buyers lining up. Worst case scenario for them is sell the club without a profit.

So why harp on about 'ruin' and 'collapse'? Oh, that's right, because 'reduced profitability' doesn't sound the same. You should write headlines for the Daily Mail.

Oh, shame on them neanderthals.

Absolutely. Because aggression, abuse and intimidation are the tools of the reasonable man, aren't they.