Minutes from Christian Purslow and SOS Meeting

[darkstar]

Agree mate i'm a scouser and am proud that our club has such great support from other parts of the country and the world. Weather your scouse, Brum, cockney or indian a red is a red IMO!

[Leyton388]

Is TLW an SOS stronghold? As they all seem to be talking the SOS minutes as gospel from what i have seen so far.

[TheElephantMan]

I don't think anything stated by Purslow (assuming the SOS minutes are correct) would be simply off the cuff remarks, he's a very astute bloke by all accounts. The more controversial comments will be purposeful and directed at intentional targets with well thought out aims. It might seem like someone's ****ed up here, but I'm sure in the longer term this will be beneficial - everyone wants the Yanks out as long as there's a viable alternative?

[Shanks]

The Spirit of Shankly Management Committee are disappointed that Christian Purslow has been unable to agree the minutes of the meeting that took place with him on the 21st February 2010.

I'm disappointed that SOS have released these minutes.
Drawing yet more unwanted media attention towards the club.

I'm not sure if the price of the club is scaring investors away or the fact they may not get out alive, once they are in.

.

[Shanks]

It's out

http://www.guardian.co.uk/football/2...w-fans-dispute

Liverpool fans publish rival minutes of meeting with managing director
SOS group claims Christian Purslow was critical of owners
Purslow admits banks demand debt reduction by £100m

SOS defended its decision to release both transcripts of the meeting.
A spokesperson said:

"We recognise that this step may put our relationship with the senior management of the club at risk, but the risk is worth it when balanced with putting out a version of a meeting that in good conscience we could not accept as a fair representation of what was said."

[James P]

Regardless of what was said by whom, and what has been made up, there are a number of things that are fact:

1. RBS think that the level of debt is too high.

2. G&H are reliant on RBS and their continued support. If RBS call the debt in, G&H are basically screwed. We all know that the money that H made from selling the Rangers has gone straight to settling the debt that he had defaulted on. He has no liquid assets, so has no way of settling his share of the debts. G may have the funds, or may not. The fact that the debt is on short-term arrangements puts G&H under the cosh.

3. RBS are therefore, in effect, in control of the club. If they call the debt in and G&H default, then RBS will take over, or the club will go into administration. I would doubt that RBS would allow the latter to happen, but would instead seek another buyer. If they failed in that, administration would likely be the only possible outcome.

4. CP appears to be RBS's appointment - their man on the board. If that is the case then G&H can't touch him, only RBS can.

There is a lot of smoke and mirrors here, but the one thing that I do believe is true is that RBS have charged CP with bringing in investment, and that without it G&H's time is soon going to be up. In fact, I think that their time will soon be up regardless.

[joyno]

i would like to think that this is a clever plan to get rid of the owners, but alas our recent history dictates that this is another media giving cock up.

[TheElephantMan]

this is a clever plan to get rid of the owners

[ronniedrew]

The owners are so far in the ****, they need Purslow, he is holding the club together at the moment, he is calling the shots.

no. the owners call the shots, he reports to them because they own the club?

[TheElephantMan]

no. the owners call the shots, he reports to them because they own the club?

They don't own the club really though do they? It's like a mortgage - if you don't pay the building society they come and repossess your house.

[Craig_H]

no. the owners call the shots, he reports to them because they own the club?

It depends though, doesnt it?

If Purslow was put in place by the banks, as a condition of the refinancing, then he holds all the aces.

[Shanks]

CHRISTIAN PURSLOW has become embroiled in an embarrassing row with a Liverpool fans’ group after talks concerning the future of the club.

Managing director Purslow held a meeting a fortnight ago with representatives from the Spirit Of Shankly, the Liverpool Supporters Union that has been hugely critical of Anfield co-owners Tom Hicks and George Gillett.

And both sides are now in disagreement over minutes from the meeting, with the supporter group’s website yesterday publishing both their version of events and those put forward by Purslow.

http://www.dailypost.co.uk/sport-new...5578-25749446/


Well it looks like they've certainly had their last meeting with Purslow.
Surely it was in their interest to keep up a good relationship?

[BrianF80]

The worst thing about this is that SOS told him they would only publish meeting details that were agreed by both parties. They then published whatever they wanted when they didn't agree with his revisions. What a cunts trick. And they think he's going to let them talk to investors after lying to his face and then stabbing him in the back and then sending everything off to the national press without even a heads up? Yeah right.

[Leyton388]

SOS are ****ing idiots and by releasing that look like a group that cant be trusted.

[Scratch]

Is TLW an SOS stronghold? As they all seem to be talking the SOS minutes as gospel from what i have seen so far.

You should go on RAWK...some serious ass-licking going on there, it's cringeworthy.