David Moores letter to The Times

[Kenneth]

"They've put the debt onto us" - What does that mean?

New buyers wont buy Kop Holdings they will buy lfc, probably with some debt, at least but not limited to ongoing player purchase costs etc. G&H will then use the money from the sale to pay Kop Holdings debts and keep any leftovers.

Why do you think that?

[Craig_H]

"They've put the debt onto us" - What does that mean?

New buyers wont buy Kop Holdings they will buy lfc, probably with some debt, at least but not limited to ongoing player purchase costs etc. G&H will then use the money from the sale to pay Kop Holdings debts and keep any leftovers.

They've transferred the borrowed funds onto LFC, meaning LFC owes Kop Holdings (their ownership company) the money - as i understand it.

If i'm mistaken in that, Lecter will probably have a more accurate account.

[BillobShaisley]

Hate campaign against, or criticism of ? I am not sure you are distinguishing.

It clearly wasn't a good decision. Hindsight is a wonderfull thing. Amongst many of the posts in this thread is outright hatred of a genuine bloke who IMO was forced out due to fan pressure when all he needed was a new CEO.

He now then gets **** for doing exactlly what the vociferous new wave wanted. DIC I dont think would be much better and neither will anyone else 'the liverpool way' is dead forever precisely because of the same tantrum throwing arses moaning now.

[Kenneth]

Either way, the sale price will be adjusted to reflect the structure, makes no practical difference.

[Guest]

I detest the stupidity of the decision though.

You wouldn't know because you were not in his shoes. Would you have dealt with the pressure better? You wouldn't know because you've never been in charge of a footballing institution such as Liverpool FC.

[Guest]

It clearly wasn't a good decision. Hindsight is a wonderfull thing. Amongst many of the posts in this thread is outright hatred of a genuine bloke who IMO was forced out due to fan pressure when all he needed was a new CEO.

He now then gets **** for doing exactlly what the vociferous new wave wanted. DIC I dont think would be much better and neither will anyone else 'the liverpool way' is dead forever precisely because of the same tantrum throwing arses moaning now.

[Kenneth]

It clearly wasn't a good decision. Hindsight is a wonderfull thing. Amongst many of the posts in this thread is outright hatred of a genuine bloke who IMO was forced out due to fan pressure when all he needed was a new CEO.

He now then gets **** for doing exactlly what the vociferous new wave wanted. DIC I dont think would be much better and neither will anyone else 'the liverpool way' is dead forever precisely because of the same tantrum throwing arses moaning now.

But moores wasn't forced out through fan pressure, so I don't think this holds water. The pressure only really grew after about 3 years of him conducting a search for a buyer in public.

[Kenneth]

You wouldn't know because you were not in his shoes. Would you have dealt with the pressure better? You wouldn't know because you've never been in charge of a footballing institution such as Liverpool FC.

But a lot of people have, and they don't seem to have made such an error of judgement in the main.

[BillobShaisley]

From what we were all reading over the last week or two my understanding was that LFC have actually paid 10mil or so in interest to kop holdings, which is probably interest on only a bit more than what we owed at the start. The big interest payments have been rolled over and are still under Kop Holdings, increasing the overall debt burden?

There's nothing to stop the debt being officialy transfered except pragmatism around any sale.

The reason new buyers wont buy kop holdings is because its just an umberlla to accomodate joint owners with no other asset. Why would a new owner want that? They just want the club.

[Chrono]

It clearly wasn't a good decision. Hindsight is a wonderfull thing. Amongst many of the posts in this thread is outright hatred of a genuine bloke who IMO was forced out due to fan pressure when all he needed was a new CEO.

He now then gets **** for doing exactlly what the vociferous new wave wanted. DIC I dont think would be much better and neither will anyone else 'the liverpool way' is dead forever precisely because of the same tantrum throwing arses moaning now.

So very well said mate

I can't believe the abuse Moores is getting. It's like some believe he wanted up **** up LFC.

[Craig_H]

You wouldn't know because you were not in his shoes. Would you have dealt with the pressure better? You wouldn't know because you've never been in charge of a footballing institution such as Liverpool FC.

Genuine request mate - dont post replies to me, i've no interest in discussing anything with you, because you're posting from a different planet.

[Kenneth]

So very well said mate

I can't believe the abuse Moores is getting. It's like some believe he wanted up **** up LFC.

Utter bollocks mate.

[Guest]

Genuine request mate - dont post replies to me, i've no interest in discussing anything with you, because you're posting from a different planet.

Just tell me you don't have any ****ing clue that makes more sense.

[cream]

Hicks interview coming up on skysports...

[Chazza]

Hicks going to respond to Moores letter on Skysports News shortly