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ECHO Comment: "Fears of Witch-hunt Against Liverpool FC" part 2

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havrey0123 said:
That bank loan from fsg was for the increased capacity it pays it self off, 15m added to rheir turnover per season
If you are calling that a debt, the we are in over 150m debt to moshiri, and Chelsea are in over 1bn in debt to abramovich.
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"if"

Out of curiosity how would you describe it?
 
Steve0 said:
"if"

Out of curiosity how would you describe it?
Click to expand...

It would be called debt in anyones estimation.

We do have an interest free loan from Moshiri, which will be converted to shares at some point. They pay interest on their loan to FSG which there has been no intention to convert.

They are paying back aspects of the debt (on the stand) but the figure is around 300 million all told. That's before the latest pay splurge of this summer comes.
 
Steve0 said:
"if"

Out of curiosity how would you describe it?
Click to expand...

You can't tell what their debt is until their accounts are revelaed later on this year.

But the redevelopment of anfield will pay for itself, it may take a decade but as long as fans continue to go there not going to have a problem.
 

catcherintherye said:
It would be called debt in anyones estimation.

We do have an interest free loan from Moshiri, which will be converted to shares at some point. They pay interest on their loan to FSG which there has been no intention to convert.

They are paying back aspects of the debt (on the stand) but the figure is around 300 million all told. That's before the latest pay splurge of this summer comes.
Click to expand...

The loan has an interest payable of 1.3m a year. The increased capacity raked in 12 m last year and likely to be 15m this season due to cl. That's 27m


So they pay 2.6m interest over 2 years but get in an extra 24.4m. let's say they repay the loan at 5m per season. There still up over the last two years at 14.4m profit.
 
havrey0123 said:
The loan has an interest payable of 1.3m a year. The increased capacity raked in 12 m last year and likely to be 15m this season due to cl. That's 27m


So they pay 2.6m interest over 2 years but get in an extra 24.4m. let's say they repay the loan at 5m per season. There still up over the last two years at 14.4m profit.
Click to expand...
M8 ?
 
havrey0123 said:
The loan has an interest payable of 1.3m a year. The increased capacity raked in 12 m last year and likely to be 15m this season due to cl. That's 27m


So they pay 2.6m interest over 2 years but get in an extra 24.4m. let's say they repay the loan at 5m per season. There still up over the last two years at 14.4m profit.
Click to expand...

I covered that by stating that by stating they are paying down the debt which relates to the new stand.

I'd question your figures a little. They wanted to get an average of 37£ per seat per game (on a rough increase of 10k seats). They didn't hit that target due to the protests and re adjustments in prices which came. Accross a 20 game season it gives them increased revenue of 6 million per season. Being generous and calling it 30 homes games you are at 9 million additional. Enough to service the interest and pay some of the capital off (not sure that is happening currently) but certainly not the 15 million figure.
 
havrey0123 said:
You can't tell what their debt is until their accounts are revelaed later on this year.

But the redevelopment of anfield will pay for itself, it may take a decade but as long as fans continue to go there not going to have a problem.
Click to expand...

Nobody is saying the stand debt alone is a problem. And you are right, debt that relates to new stands/stadiums is normally very serviceable and not an issue.

What is a looming cloud though is the overall debt figure, which is around 300 million. It's why FSG are hesitant about the Anfield road end redevelopment ( I believe planning permission has now expired for that). They have also spent 100 million already this window so the short term liquidity/overdraft will likely be being stretched beyond the 70 million mark it was reported as in last years accounts. It may be further loans from FSG to over it, extending an overdraft/debt or selling big name players to cover it. In lieu of a sale it can be assumed the debt will continue to grow.

That is not a problem currently all the while they continue to make the champions league. However if they miss out one season, it would put pressure upon the club.

Nothing I've said here is inconsistent with your points.
 
havrey0123 said:
The loan has an interest payable of 1.3m a year. The increased capacity raked in 12 m last year and likely to be 15m this season due to cl. That's 27m


So they pay 2.6m interest over 2 years but get in an extra 24.4m. let's say they repay the loan at 5m per season. There still up over the last two years at 14.4m profit.
Click to expand...
How come you’re pretending to be an Everton fan pal? Bit creepy no?
 

catcherintherye said:
I covered that by stating that by stating they are paying down the debt which relates to the new stand.

I'd question your figures a little. They wanted to get an average of 37£ per seat per game (on a rough increase of 10k seats). They didn't hit that target due to the protests and re adjustments in prices which came. Accross a 20 game season it gives them increased revenue of 6 million per season. Being generous and calling it 30 homes games you are at 9 million additional. Enough to service the interest and pay some of the capital off (not sure that is happening currently) but certainly not the 15 million figure.
Click to expand...

It was 12m in its first season without cl football. so you would expect cl football to increase that to 15m.

https://www.google.co.uk/amp/s/www....ain-stand-earns-club-extra-12m-last-year/amp/
 
catcherintherye said:
Nobody is saying the stand debt alone is a problem. And you are right, debt that relates to new stands/stadiums is normally very serviceable and not an issue.

What is a looming cloud though is the overall debt figure, which is around 300 million. It's why FSG are hesitant about the Anfield road end redevelopment ( I believe planning permission has now expired for that). They have also spent 100 million already this window so the short term liquidity/overdraft will likely be being stretched beyond the 70 million mark it was reported as in last years accounts. It may be further loans from FSG to over it, extending an overdraft/debt or selling big name players to cover it. In lieu of a sale it can be assumed the debt will continue to grow.

That is not a problem currently all the while they continue to make the champions league. However if they miss out one season, it would put pressure upon the club.

Nothing I've said here is inconsistent with your points.
Click to expand...

Planning permission is to 2020 i think. The money for the stand was done by a loan from FSG interest free if memory serves me right.
 
Moomin said:
Planning permission is to 2020 i think. The money for the stand was done by a loan from FSG interest free if memory serves me right.
Click to expand...
It's not interest free it's what ever the American interest rate is.

I'm still not a Liverpool fan by the way
 

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