Announcement

Collapse
No announcement yet.

Liverpool 2010/11 Season Thread

Collapse
This topic is closed.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Dark times. Hope something can be sorted soon.

    Comment


      Originally posted by Flabio View Post
      I know I'm not above a chuckle when a bigger team than mine is performing poorly on the pitch, but a 9 point penalty and all the other mess that's going on has rapidly stopped being funny.

      Would they be so spiteful as to block the sale, have the whole thing go into administration, points penalty, possible relegation... just because they think the offer they've had isn't as big as they wanted?
      They stand to personally lose ?100million if this deal goes through. I wouldn't call trying to avoid a loss of that magnitude spiteful. They bought the club for ?220m and invested something like ?180m

      ?300Million for Liverpool is well below value, the value of anfield (stadium)alone is probably ?150mill. I'd imagine if you included players, training grounds, offices, shops etc. you wouldn't have trouble getting to 300mill on a pure asset PoV, let alone how much they're worth put into the context of an established and viable business.

      Comment


        But the club isn't viable because it currently owes £230mil or so. The kind of repayments are crippling the club in all other respects.

        The owners got caught out with the recession and couldn't get the finance they required for the stadium and renegotiating the loans. They've now been caught out via their leveraged buy out and seemingly cant afford to carry on their repayments.

        If the club had been bought with the owner's money the recently increased operating profits would have been better utilised compared with using it all to service debt. I think interest payments at Liverpool are something like £20mil a month, at least I think I read that somewhere.

        The club simply aren't viable in their current state.

        Comment


          Without interest payments the club would've made 10mill profit with last years figures. Not amazing but with better management and work to boost the club outside of the UK, could be improved by a not insignificant margin.

          Even if you assume every player retires tomorrow, the club is still pretty asset rich which lowers the risk value for investors. It's probably the assets which enabled RBS to offer the owners loans that were impossible to realistically manage whilst they looked for a sale.

          Comment


            Originally posted by abigsmurf View Post
            They bought the club for ?220m and invested something like ?180m
            This is not really the case.

            The ?144m they stand to lose was originally money loaned to the club via a Cayman Islands holding company (at a compound interest rate of 10% I believe).
            This loan was forcibly converted into equity as part of the terms set out by RBS in the last round of refinancing.


            The value of Liverpool is set solely by how much any buyer is willing to pay. Nobody is willing to pay more than ?300m - so that is what it is worth.

            Comment


              Originally posted by nakamura View Post
              Yes really. The circumstances may be different but untimately the club was in a mess which was something of a worry for the fans.
              Have to agree to disagree on that one.

              Comment


                Originally posted by Flabio View Post
                I know I'm not above a chuckle when a bigger team than mine is performing poorly on the pitch, but a 9 point penalty and all the other mess that's going on has rapidly stopped being funny.

                Would they be so spiteful as to block the sale, have the whole thing go into administration, points penalty, possible relegation... just because they think the offer they've had isn't as big as they wanted?
                Yes they would, and are. It's not about football or morals, these lying sleezebags care nothing for the club, players, fans, the game, not even their own reputations. None of it matters, because none of it is as important making money to them.

                Comment


                  Originally posted by nakamura View Post
                  Yes really. The circumstances may be different but untimately the club was in a mess which was something of a worry for the fans.
                  Yes, and yet what did Chelsea fans do about it? Feck all is what.
                  And yet you'll defend someone's right to have ago at a fan orchestrated campaign to highlight the plight of our club, a plight of which he clearly knows very little.
                  Do me a favour.....

                  Comment


                    Originally posted by Tetsuo View Post
                    Yes they would, and are. It's not about football or morals, these lying sleezebags care nothing for the club, players, fans, the game, not even their own reputations. None of it matters, because none of it is as important making money to them.
                    That's pretty much what most care about, and that's making money, Same for most of the players too (not just Liverpool, but most Clubs) .

                    Its called the Real World

                    Comment


                      My goodness, now there's A NEW CHALLENGER!

                      Comment


                        More here ...

                        The Singapore billionaire who was runner-up in the bidding war for Liverpool FC is to make a higher offer, the BBC learns.


                        2nd to bottom paragraph .

                        So, the sum of his sport/football business knowledge, to helps us (the club) move forward is based on him owning some scum themed bars.


                        Broughton has said he had 2 rival bidders (presumably NESV and Lim), but one had more experience in sports management than the other.

                        Comment


                          Deal can go ahead!

                          Comment




                            Now GTFO!

                            Comment


                              What if it's out the frying pan and into the fire?

                              Comment


                                We have no money to spend, huge debts and administration looming with a 9pt deduction a strong possibilty - I'd say we're already in the fire

                                Comment

                                Working...
                                X