Liverpool chairman Broughton

[Woobus]

How long till the players go on strike?

[cream]

what minority investors?

I thought we were owned outright by the cu(rre)nt pair.

Or are you speaking of future minorities?

I'm talking about future investors/owners.

[cream]

So it's official.....Broughton has been appointed.

I hate these two tossers with a passion...i really do.

This appointment is actually a good sign, it means there is something definitely happening. It means he is either here as a neutral to head a board with new investors or he's here to facilitate a takeover.

[fah-q]

How long till the players go on strike?

Last August?

[Baracus]

Last August?

Strike over Strict Management.

[Reece]

henrywinter

My colleague Paul Kelso says Liverpool's interim chairman Broughton is Chelsea season ticket-holder. That'll have to go. Kop won't have that

[dom9]

****ing hell, keep up.

Not Reece, but HW.

[Bender]

The Royal Bank of Scotland is to increase its control at Liverpool having insisted on the appointment of an independent chairman, Martin Broughton of British Airways, as part of its latest refinancing offer to the club's co-owners, Tom Hicks and George Gillett.

Hicks and Gillett are expected to confirm within the next 48 hours their intention to sell Liverpool eventually, with an announcement that Barclays Capital has replaced Rothschild and Merrill Lynch as the bank searching for new investors. The appointment of Broughton as the chairman is due to be ratified by the Americans this week, signalling increased influence in the Anfield boardroom by the largely government-owned RBS.

The deal represents a six-month extension to Hicks and Gillett's existing arrangement with the bank and affords the Americans added time to find an investor willing to meet their £500m asking price for the club. It also reduces the threat of a "fire-sale" of key assets such as Fernando Torres and Steven Gerrard this summer should the co-owners fail to repay £100m of their £237m debt before July, as was stipulated in their last refinancing agreement.

The failure of Hicks and Gillett to secure investment is the latest in a catalogue of unfulfilled promises by Liverpool's unpopular co-chairmen, who have had a fractured business relationship and have both been badly affected by the global economic crisis. The proposed appointment of Broughton, therefore, is an attempt to break the state of paralysis over major decisions within the Anfield boardroom and gives Liverpool's lenders greater assurance over the co-owners' efforts to sell. Liverpool last night declined to comment on Broughton being an RBS appointment.

The former chairman of British American Tobacco, the British Horseracing Board and current deputy president of the CBI will work alongside Liverpool's managing director Christian Purslow in the search for new investment. Several parties have expressed interest in Liverpool, who need to reduce their debt before work on the stalled but critical stadium project can commence, but only one, The Rhone Group, has submitted an official offer since Purslow's global hunt for possible investors began last year. The deadline on their proposed offer of £110m for a 40% stake in Liverpool passed last Monday.

Hicks and Gillett are believed to be close to finalising the refinancing extension with the RBS, although what funds will then be left available to manager Rafael Benítez for spending on new players this summer is uncertain. Reports of an alternative, three-year refinancing deal with Barclays Bank have been denied by officials at Anfield and sources close to the Americans.

[Roboklopp]

Source?!?

Anyway, they're still living in the dreamland of £500m if that is to be believed.

[Bender]

Source?!?

Anyway, they're still living in the dreamland of £500m if that is to be believed.

LINK

[Roboklopp]

LINK

ta v much

[Lecter]

How long till the players go on strike?

The way they have played this season it looks like they have already been on strike

[5europeancups]

FFS

werent some of Liverpools most famous players Everton fans?

The guy has been brought in to perform a specific function not to pick the team.

[red g]

financial guy on talksport saying this broughton is a proper hard nut who takes no **** ! eats nails for breakfast and spits out rust was the analogy used.

Said that Barclays will find a proper buyer who can get rid of the debt and get rid of yanks.

We live in hope

[The Birdman]

financial guy on talksport saying this broughton is a proper hard nut who takes no **** ! eats nails for breakfast and spits out rust was the analogy used.

Said that Barclays will find a proper buyer who can get rid of the debt and get rid of yanks.

We live in hope

Usually the mention of talk****e on this forum would produce howls of disgust but that bit of news will be treated as gospel truth!!