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

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Oh don't. Might be playing 6 a side tonight and I expect a deluge of mockites crawling out of the woodwork in their replica tops.
Might take my bow down there and see if I can pick a few of them off.

Everywhere in cardiff this weekend, same at the start of every season, around wales. As soon as they lose a game or two most of them go into hiding until they win a game.
 
I'm sure Mainz are a mainstay on American television. And i'm sure you were an avid follower of all their games. Absolutely no scepticism on my part to either of those claims. Actually, I just lied... you just know that he came second in some daft poll don't you? Come on, we're all blues here, no need to pretend.

United's debt has never been £700m and is currently around £250m, so in effect not much greater than Liverpool despite having a far greater turnover.

FSG are bleeding Liverpool dry, Ian Ayre paid himself £1.2m last year lol. But stil, they've got the goalie who was the second best last year so it doesn't matter!

Chelsea, Madrid and Barcelona aren't owned by investors, that's the difference. Abramovich converted debt into equity as an FFP dodge. Which is also what Liverpool did, although it was also a covert way for FSG to bleed more money from Liverpool Plc. Which tends to go over most kopites heads.

Liverpool PLC are in the top 10 for debt. This is a massive cause for concern, the clubs 'ahead' of them can either cope more easily with the debt (united, arsenal) or they don't need to worry about it at all, like real Madrid, City and Chelsea).

I like your optimism re the new stand but there's been plenty of games with empty seats in recent years. They will struggle to sell it out most weeks.

Liverpool PLC made £59m in total from gate receipts last year. The new stadium is being funded with a £49m loan (at least) Even at a minimal interest rate it is difficult to see why you think it'll be paid off in 5 seasons.
FSG will be charging a higher interest rate than the bank (equity is dearer than debt remember), not sure how much they'll get for naming rights but it'll have to be quite a bit if they want to pay it off in 5 years.
In actuality it could take well over a decade, that's if they manage to sell it out.

If I was a kopite reading that I'd be worried. for a bit anyway, until i remembered we've bought a relegated midfielder for £25m and the second best German goalie of all time!!

By my (limited) understanding debt into equity turns creditors into shareholders increasing the amount paid in dividends in exchange for cancelling out the apr accrued on debt? So essentially fsg have awarded themselves a certain share of turnover in exchange for an increasing debt owed them - id take from this that fsg expect lfcs financial performance to drop off and are looking to avoid a default?
I'd be grateful if you'd expand on this subject as it seems interesting
 
By my (limited) understanding debt into equity turns creditors into shareholders increasing the amount paid in dividends in exchange for cancelling out the apr accrued on debt? So essentially fsg have awarded themselves a certain share of turnover in exchange for an increasing debt owed them - id take from this that fsg expect lfcs financial performance to drop off and are looking to avoid a default?
I'd be grateful if you'd expand on this subject as it seems interesting

Limited is the word.

Debt becomes equity when the business agrees to substitute a debt with shares. The existing shareholders would have to agree to a diminution of their proportion of ownership (essentially the voting rights). The value of the business doesn't (necessarily) change just the amount that was once owed to someone is now owed to them in shares. What might change is the ability to service the overall indebtedness of a business.

Dividend payment wouldn't necessarily change. In order to keep shareholders happy (e.g. same dividend as before) they might have to pay more in total. This would (or should) come out of profits before tax (assuming there are some).

APR? No idea where that comes from IR to this.

If FSG were apparently owed money they are entitled to seek it is repaid.
 
Limited is the word.

Debt becomes equity when the business agrees to substitute a debt with shares. The existing shareholders would have to agree to a diminution of their proportion of ownership (essentially the voting rights). The value of the business doesn't (necessarily) change just the amount that was once owed to someone is now owed to them in shares. What might change is the ability to service the overall indebtedness of a business.

Dividend payment wouldn't necessarily change. In order to keep shareholders happy (e.g. same dividend as before) they might have to pay more in total. This would (or should) come out of profits before tax (assuming there are some).

APR? No idea where that comes from IR to this.

If FSG were apparently owed money they are entitled to seek it is repaid.

So overall it ties fsgs income to lfcs progress (negatively incentivising asset stripping)? Why is equity 'more expensive' than debt
It seems like theyve wiped out interest payment in exchange for current debt exchange and ensured their owners are committed to success
 

Talksport drivetime opening question was "can Liverpool win the title after beating Arsenal"

I didnt listen as I couldnt bear to listen to Rav from Croydon and Dave from Bristol calling in with their deluded drivvle about Klopp having a preseason and Sturridge is hungry again nonsense.

They are so predictable
 
They took their chances and scored some excellent goals,but as usual you're left scratching your head,Arsenal should have been two up,as usual they nab one right on the half time break having not been in it,Arsenal bereft of injuries in key areas collapsed in a 15 minute spell and the game was lost,then their own defence was like Fred Carnos for ten minutes and they almost throw it away,rather fortuitous in all areas they were yesterday I would say!!
 
Talksport drivetime opening question was "can Liverpool win the title after beating Arsenal"

I didnt listen as I couldnt bear to listen to Rav from Croydon and Dave from Bristol calling in with their deluded drivvle about Klopp having a preseason and Sturridge is hungry again nonsense.

They are so predictable

Sturridge is always f**king hungry - it's all them Subs he shoves down his hodge.

Anyway I see Liverpool U23 got lathered at home 4-1 by Southampton. There's nothing like the chance to impress your next club to get the juices flowing..
 
Three years ago, almost to the day, Villa beat them 3-1 at the Emirates on the first day of the season. Ergo, the Crimson Crud has three years to live in the top flight.
 

http://www.telegraph.co.uk/football...cism-will-not-force-jurgen-klopp-to-sign-new/
Alberto Moreno criticism will not force Jurgen Klopp to sign new left-back for Liverpool
By Chris Bascombe 15 August 2016 • 10:30pm
Liverpool manager Jurgen Klopp is ready to resist the clamour to sign a new left back, despite the renewed criticism of Alberto Moreno.
Moreno’s performance against Arsenal on Sunday revived harrowing memories of poor displays last season, most notably in the Europa League Final. The Spaniard’s lapses in concentration have proven costly on multiple occasions, but Liverpool have kept faith in him so far and are showing no inclination to rethink their plans. Liverpool tried to sign another left back to provide competition to Moreno during the summer, but Klopp pulled the plug on a move for Leicester’s Ben Chilwell when he felt the fee of £10 million was excessive.
Klopp does not believe such funds should be squandered on a full-back – certainly not for one who is untried at the highest level - and has not yet identified an obvious candidate to add to his squad who would be anything more than a temporary solution. Instead, he is prepared to wait for James Milner to return to fitness and give him the chance to settle and establish himself in the position.
Milner has made it known he is not especially keen on reinventing himself as a left back, but he would put the team’s needs first and such is his professionalism Klopp is sure he would add a new dimension to the side in the role. Liverpool are also waiting patiently for the return to fitness of Joe Gomez – who started last season at left back prior to his serious knee injury – while there are other emerging youngsters who could also fill in if required. Centre-back Ragnar Klavan could also play left back if the situation demanded it. That has made Klopp less convinced of the urgency to recruit than many of those who witnessed his side’s exhilarating but flawed opening day win at The Emirates. It is not completely out of the question Klopp will rethink before August 31, and he has more funds available should he require more players before the end of the month, but it is clear he believes the solution to Liverpool’s left back issue is already within his squad.

RS devotee of many years, Bascombe's take on Klopp regards Moreno. Id almost forgotten the RAWKites threats and molten vitriol poured on him when he left The Echo to join Murdoch's other rag, The News of the World....yet with their customary duplicity, how, a year later, they queued round the block to get (now of the Murdoch entourage) Carragher's autobiography.... ghost written by one C. Bascombe. Consistent of them though...and another for the 'Special Dispensation/That Doesn't Count Though, La' file .
 
All this talk about liverpool rejecting bids for benteke. Would he even want to go there? It'd be hilarious if the clubs agree terms and he says, nah you're all right, like picking up my £8m for doing sweet fa.

What is obvious is that Liverpool need to sell, if benteke digs his heels in then don't be surprised to see coutinho pimped out.
 

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