Originally posted by el matador
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Hicks will back Benitez in transfer market
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If that were the case would it not have been easier to do it earlier (when Juventus were sniffing around). Basically they could say we're in a tight financial situation and there's no money in the summer, you might not even get all the funds you raise through sales. Messing him about when it seems he has less options suggests to me that it's not about Rafa they're just not prepared to give anyone money to spend.The only gracious way to accept an insult is to ignore it; if you can't ignore it, top it; if you can't top it, laugh at it; if you can't laugh at it, it's probably deserved.
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My guess is the club is skint due to the massive debts placed on the club by those two greedy yanks.Originally posted by el matador View PostMy guess is that the board want him out and they are making things as tough as possible for him to stay on. By having no transfer budget, no guarantees that if players are sold then the money will be re-invested in the team they are hoping that he walks.
If he does go then by some magic we will probably end up with a not laughable transfer kitty and the assurance that revenue from players sold will be available to the new manager.
Its quite pathetic really.Brandt - Keita - Van Dijk - Sessegnon
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I'm more interested in why you read something in a paper, assume it's factually correct and then comment on its generosity or otherwise. How do you know - indeed how does the Daily Mail know - what our transfer budget will be? It's all so much speculative bollocks based on absolutely **** all if you ask meOriginally posted by Big-Red-Ed View PostI leafed through the daily mail in a coffee shop this morning and it said that rafa's transfer budget is a whopping £5 million. Hardly a generous backing from hicks.
Sorry guys but I felt the need to elaborate on why I was reading the daily fail. lol.
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Don't worry, at least I understand the reference. It's not all pearls before swine on here (although - obviously - it is in most cases).Originally posted by little dave hedgehog View Postaren't the bishop boys getting on a bit?
walter could be a sports medicine guy, i guess....
Excellent programme and one of my favourite things on TV at the moment
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The elder Hicks – who lives in what's considered Dallas' most expensive home, a $41 million compound on 25 acres on Walnut Hill Lane – said he has largely avoided making personal guarantees for business loans. He said he's personally on the hook for only about $80 million in Liverpool F.C. debt.
He downsized from a Gulfstream V to a more economical Gulfstream IV a few years ago, and Tommy and Mack say they fly on American Airlines when they go to Argentina.
He downsized his jet so perhaps theres some hope for additional transfer funds.
BTW you can leave comments under this shameless article
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Reading the comments on there it sounds as though he's as popular over there as he is here.Originally posted by stuartb View PostThe only gracious way to accept an insult is to ignore it; if you can't ignore it, top it; if you can't top it, laugh at it; if you can't laugh at it, it's probably deserved.
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if the mirror was so certain about the story of rafa having no money to spend for new players, why was it only published on the transfer gossip page of todays mirror.surely it would have warrented a bigger headlineit even came after crap story of the journo flying out to south africa tonight.
who's arsed?
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Not good reading
HICKS' BUSINESS LIFE CYCLE 1984: Tom Hicks co-founds Hicks & Haas Inc. with Robert Haas. Their signature deals include A&W Brands, Dr Pepper/Seven Up Cos. and Thermadyne Corp. Hicks and Haas later split up.
1989: Hicks co-founds what would become Hicks Muse Tate & Furst Inc. Over the next 15 years, its signature deals include Capstar Broadcasting, Chancellor Media, Pinnacle Foods, Triton Energy and a significant stake in Clear Channel Communications.
1996: Hicks buys the Dallas Stars for $84 million. The Stars win the Stanley Cup in 1999.
1998: Hicks buys the Texas Rangers for $250 million. Two years later, he signs superstar Alex Rodriguez to a landmark 10-year, $252 million deal.
2002: After Hicks Muse's Internet, telecom and Latin American investments lose big, D Magazine runs a story headlined: "Is Tom Hicks Going Broke?" The infamous cover illustration shows Hicks with empty hands outstretched and his pockets turned inside out. It isn't really Hicks in the picture.
2004: Hicks says he will leave Hicks Muse to spend more time with his family and teams.
2005: Hicks forms Hicks Holdings LLC. Its first acquisition is Ocular LCD Inc.
2006:
•Hicks Holdings launches Glorypark, a 75-acre urban town center adjacent to Rangers Ballpark in Arlington; forms a company to provide bundled TV, voice, data, security and other services to apartment complexes; acquires Greatwide Logistics Services for $730 million (it owns about 20 percent) and Latrobe Specialty Steel Co. in a deal valued at $250 million (it invests $16 million for a 51 percent stake).
•BusinessWeek magazine declares that Hicks, the dealmaker, is back.
2007:
•Hicks and George Gillett acquire the Liverpool F.C. soccer team in a deal equivalent to about $430 million at the time. The team's debt quickly escalates.
•Hicks Acquisition Company I raises $550 million in an initial public offering, making it the largest IPO of its kind.
2008:
•Hicks Sports Group retains advisers to assist with restructuring or selling the Rangers.
•Greatwide Logistics Services files Chapter 11 bankruptcy.
March 2009: Hicks stops making interest-only payments on $525 million in loans related to the Rangers and Stars as he renegotiates the teams' debt.
April 2009: Hicks sells the Mesquite Championship Rodeo after a decade of ownership.
January 2010:
•Hicks sells his three-acre Aspen estate for $18.5 million.
•Hicks Sports Group reaches agreement to sell the Rangers to a group headed by Pittsburgh attorney Chuck Greenberg and Nolan Ryan.
April: Hicks and Gillett announce they're trying to sell Liverpool F.C. Hicks says the team is worth $860 million to $1.15 billion at current exchange rates. Other estimates are much lower.
May: The Rangers file prepackaged bankruptcy in an effort to speed the sale to the Greenberg-Ryan group. The filing indicates the team still owes A-Rod nearly $25 million in deferred compensation
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