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ECHO Comment: "Fears of Witch-hunt Against Liverpool FC" part 3

The gobshites on RAWK think it’s odd we’re spending money (supposedly) during these uncertain times. The other week they were saying we’d be one of the first to go bankrupt.

We have money to spend and improve our team, please concentrate on trying to pay your staff.

I cant bear to look in their anymore. You can feel your intellect being sapped away, so fairplay to you for giving it a go.

Have they not grasped yet were backed by multi-billionaires, or do they still think that's just a wild conspiracy? What is their basis for us going bust?

In all honesty, if anyone is at risk of going bust, they are right up there.
1) Enornous wage commitments.
2) Potential for outstanding transfer fees (Coutinho) to be negotiated down.
3) Lots of incentivised sponsorships where milestones wont be hit. On top of this, the relatively paltry base line figure could be negotiated down.
4) At best heavily reduced CL fees this year. At worst 2 years of no CL money.
5) American owners.
6) American owners who's wealth is mainly built on sport (very volatile as suspectible to collapse on the coming period).
7) American owners who are venture capitalists who have a history of taking controversial, ruthless decisions (like deaining funds from one area to pay for another).
8) American owners who operate in the epicentre of the pandemic, who a clown running the country who's blotting the stock exchange and US economy each week that goes by.

I could go on. Essentially massive risk. None of the above apply to us. I wouldn't fancy holding a 300+m wage bill in the coming period. If prices collapse, big trouble.

This analysis and scrutiny is beyond them though.
 
The gobshites on RAWK think it’s odd we’re spending money (supposedly) during these uncertain times. The other week they were saying we’d be one of the first to go bankrupt.

We have money to spend and improve our team, please concentrate on trying to pay your staff.
I mean they spent £50m on a heap of crap like Naby Keita and would’ve been quite happy to pay the £80odd million had his release clause not dropped. Not sure they can talk about spending money
 

I cant bear to look in their anymore. You can feel your intellect being sapped away, so fairplay to you for giving it a go.

Have they not grasped yet were backed by multi-billionaires, or do they still think that's just a wild conspiracy? What is their basis for us going bust?

In all honesty, if anyone is at risk of going bust, they are right up there.
1) Enornous wage commitments.
2) Potential for outstanding transfer fees (Coutinho) to be negotiated down.
3) Lots of incentivised sponsorships where milestones wont be hit. On top of this, the relatively paltry base line figure could be negotiated down.
4) At best heavily reduced CL fees this year. At worst 2 years of no CL money.
5) American owners.
6) American owners who's wealth is mainly built on sport (very volatile as suspectible to collapse on the coming period).
7) American owners who are venture capitalists who have a history of taking controversial, ruthless decisions (like deaining funds from one area to pay for another).
8) American owners who operate in the epicentre of the pandemic, who a clown running the country who's blotting the stock exchange and US economy each week that goes by.

I could go on. Essentially massive risk. None of the above apply to us. I wouldn't fancy holding a 300+m wage bill in the coming period. If prices collapse, big trouble.

This analysis and scrutiny is beyond them though.
I'd be very worried if I supported a club with American owners they are in for tough times. The source of our wealth is Chinese/Russian mostly resource and needed infrastructure the USM branches should be fine and could even prosper. Who knows who else Moshiri knows and you have to be a damned good accountant to be a billionaire so he would be very savvy to many different alternate financial pathways.

The utter myth that we are in trouble will be exposed soon. New stadium and once we bring our wage bill to appropriate levels and get continued commercial growth they will be in for a shock
 
BBC no better, breakfast tv show this morning do their piece on captain Tom, they wheeled out Micheal Ball to sing him a song that represents what the nation thought of him, and you guessed it, YNWA turned it straight off it's everywhere can't get away from it.
Absolutely gutted to read this. I liked Michael Ball as a player for us, decent left back I thought, can’t believe he done that... didn’t even know he could sing.
 
I cant bear to look in their anymore. You can feel your intellect being sapped away, so fairplay to you for giving it a go.

Have they not grasped yet were backed by multi-billionaires, or do they still think that's just a wild conspiracy? What is their basis for us going bust?

In all honesty, if anyone is at risk of going bust, they are right up there.
1) Enornous wage commitments.
2) Potential for outstanding transfer fees (Coutinho) to be negotiated down.
3) Lots of incentivised sponsorships where milestones wont be hit. On top of this, the relatively paltry base line figure could be negotiated down.
4) At best heavily reduced CL fees this year. At worst 2 years of no CL money.
5) American owners.
6) American owners who's wealth is mainly built on sport (very volatile as suspectible to collapse on the coming period).
7) American owners who are venture capitalists who have a history of taking controversial, ruthless decisions (like deaining funds from one area to pay for another).
8) American owners who operate in the epicentre of the pandemic, who a clown running the country who's blotting the stock exchange and US economy each week that goes by.

I could go on. Essentially massive risk. None of the above apply to us. I wouldn't fancy holding a 300+m wage bill in the coming period. If prices collapse, big trouble.

This analysis and scrutiny is beyond them though.


Great post.
 

I cant bear to look in their anymore. You can feel your intellect being sapped away, so fairplay to you for giving it a go.

Have they not grasped yet were backed by multi-billionaires, or do they still think that's just a wild conspiracy? What is their basis for us going bust?

In all honesty, if anyone is at risk of going bust, they are right up there.
1) Enornous wage commitments.
2) Potential for outstanding transfer fees (Coutinho) to be negotiated down.
3) Lots of incentivised sponsorships where milestones wont be hit. On top of this, the relatively paltry base line figure could be negotiated down.
4) At best heavily reduced CL fees this year. At worst 2 years of no CL money.
5) American owners.
6) American owners who's wealth is mainly built on sport (very volatile as suspectible to collapse on the coming period).
7) American owners who are venture capitalists who have a history of taking controversial, ruthless decisions (like deaining funds from one area to pay for another).
8) American owners who operate in the epicentre of the pandemic, who a clown running the country who's blotting the stock exchange and US economy each week that goes by.

I could go on. Essentially massive risk. None of the above apply to us. I wouldn't fancy holding a 300+m wage bill in the coming period. If prices collapse, big trouble.

This analysis and scrutiny is beyond them though.
They‘ve sold the Coutinho fee already according to a football finance guru I heard on talksport (connected to Liverpool Uni)
 
They plaster ynwa everywhere I can hardly think of any banners or really much where we use NSNO I actually had to think for a second what it was

Last year I saw a few posts from some of them on Twitter knocking around about 9/11. Of course somehow they managed to mention that they were playing in the Champions league that day and made it all about the game they watched.
 
They‘ve sold the Coutinho fee already according to a football finance guru I heard on talksport (connected to Liverpool Uni)

Yes I heard that too. Well the two things I'll add to that. This nonsense about £140m, the Barca figure was around £100 and the rest add ons that won't be achieved. Anyone buying the debt would not touch the add ons part, and would give them them money on the "guaranteed" £100m. That is some protection on Barca looking to renegotiate.

Generally you'd do quite well to get 80p in the pond for this. Given Barca's credit rating, and that football is anything but a title A rated area, they would be doing very well to get near that. I suspect in a good case scenario they get 75p in the pound for that. Either way you are talking about £75 million quid.

Two further points. The idea then they used Coutinho to subsidise Van Dijk and Alisson are nonsense (as are the ridiculous net spend tables). They would have barely been able to afford 1 of them for the price of Coutinho. When you factor in the extortionate agent fees they pay (the largest in football, but quell surprise they never get counted on the net spend figures) then both Alisson and Van Dijk would both cost more than what they got for Coutinho if the above is true.

The other issue I'd raise, is why they are using such a facility? I mean is this a standard arrangement or just for a big fee like Coutinho? I mean it's often the case that in such an arrangement that the company that have sold the debt on would pay the value up front. Given the splurge that was made on Fabinho, Keita, Alisson & VVD (over £250m + whatever agents fees were involved) plus the other bits and bobs they did without any other major sales (the fees for Solanke and the goalkeeper will again be heavily incentivised and far lower than reported) it would make sense that they got as much of the Coutinho money up front as possible, and used that to probably pay for the 1st year on all of the above.

The obvious question then is how do you pay for years 2/3/4 of these players? No money was spent last year (no surprise there) and I think they wanted to sell Mane for a ridiculous price (quoting £150m). People just laughed them off, and I doubt Real Madrid wanted to pay half that. he's a year older now (28) and the market is collapsing. Conservatively you can probably whip 40% off what Madrid wanted to pay.

I mean it may not be that, but that makes the most sense. It may be standard practice that traders value liquidity over a guarantee of money down the line as standard practice (which would also fit). It may be they foresaw some of the challenges re Barcelona and just wanted to eliminate a lot of the milestones not being hit. However most likely appears they wanted/needed the money up front to fund the spending blitz.

The really amusing part of this is that most Liverpool fans seems to think such arrangements are a sign of positive health. The opposite is true.
 

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