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Liverpool to get a new Chairman

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:lol:

Just been reading this from yesterday (which possibly highlights the reasoning behind the appointment of Broughton): http://www.bbc.co.uk/blogs/danroan/2010/04/liverpool_ownership_enters_cru.html

The deal with the Rhone Group of hedge fund investors has fallen through (little Rafael is not happy as he'd been meeting with them to secure his own future!). It looks like the urgency of H&G doing a deal with anyone else is not there anymore as the RBS look like they'll redraft the terms of the loan due in the summer. That's also meant the urgency of getting a new CEO in has diminished - hence the holding pattern appointment of Broughton, who'll no doubt man the fort as an 'honest broker' until a buyer is eventually found.

Regardless of beating Benfica, that's been a complete and utter car crash of a week for Liverpool. (y)
 

:lol:

Just been reading this from yesterday (which possibly highlights the reasoning behind the appointment of Broughton): http://www.bbc.co.uk/blogs/danroan/2010/04/liverpool_ownership_enters_cru.html

The deal with the Rhone Group of hedge fund investors has fallen through (little Rafael is not happy as he'd been meeting with them to secure his own future!). It looks like the urgency of H&G doing a deal with anyone else is not there anymore as the RBS look like they'll redraft the terms of the loan due in the summer. That's also meant the urgency of getting a new CEO in has diminished - hence the holding pattern appointment of Broughton, who'll no doubt man the fort as an 'honest broker' until a buyer is eventually found.

Regardless of beating Benfica, that's been a complete and utter car crash of a week for Liverpool. (y)

Thanks Dave that is so uplifting. Best news of the week so there goes that 100 mill investment in May. Haha.
 

Not great news, to be honest the longer the Yanks stayed in charge, the better chance we had of overtaking them. Saying that though, how many potential takeovers have there been in the past 3 years, they've had arabs and SOS buyouts and consortiums and every single one has fell flat on its face, i doubt any red will be celebrating just yet until they actually have new owners.
 

Merely a change of debt management team. Barclays are there to sell Liverpool not invest in them....Sunday paper bumf that. They've even added to their debt (the debt, according to reports, now stands at circa 300M now from 230M!). This, so the 'informed' reds believe, was a Hicks and Gillett sting in the tail...allowing them to shift the 63M they paid out of their own cash to pay down the debt last year onto the new deal with Barclays! They've effectively bought a lot of time (H&G) to sit back - at Liverpool's expense - and allow Barclays to scour the world for a big profit buy out. Unless they do it very soon Benitez will be selling to buy this summer. This is terrible news for Liverpool.

(y)
 
"Im suprised that people didnt expect this, RBS are making huge sums in interest payments from LFC so its in their interest to drag it out another 6 months, as they would be makeing £20million + in payments.

Hicks and Gillett do not have a clue about running a football club, this we know.

I hope that the reports of £600million for the total sale of the club are true and that G&H dont see the extension as an opportunity to simply increase the price now that they have a longer sale period...

Our Club is ruined expect bargain buys this season again, as Rafas transfer budget is swalloed up in loan repayments....can you really blame the fella if Real come knocking??"




And these are the same fans who where claiming that they were going to win everything when the Yanks took over with huge fanfare.

Equally when Davek says: They've effectively bought a lot of time (H&G) to sit back - at Liverpool's expense - and allow Barclays to scour the world for a big profit buy out. Unless they do it very soon Benitez will be selling to buy this summer. This is terrible news for Liverpool.

The fact is they're out of the CL. No youth players of note. Gerrard aging. Torres with a gammy knee. No stadium in place.

All the indicators for an investor coming in and making a profit - with that £600m asking price - is ridiculous. They can't even support a £300m debt.

That says it all.

Their turnover will be down £30million next season for starters with no CL. Debt interest will be up further!

Oh I never felt more like singin the blues.... when Everton win and Liverpool lose... oh EVERTON you got me singin the blues!
 
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I so hope they fall back down the hole that Shankly dragged them out of, their delusional mentality knows absolutely no bounds "ah , well be rid of dem yanks cos they've said they'll sell, and we don't need to repay RBS now, dat's all shortid". Then you point out that in the refinancing package the yanks have got back their initial stake and lumped that debt onto the club so it's now 300mill,"yeah, but we'll get a buyer" errrr, not for 600 feckin' mill you won't. Then they stand catching flies as they never realised that dem der yanks want so much.

A nice little spell between now and the end of the season, in the same vein as what has preceded it so far, and their arses will be flapping like a tent door in a gale.

This could be 1 of the greatest shows on earth, and fans the length and breadth of this land will rejoice. Non euro qual would be more catastrophic for them that it was to the barcodes when they got relegated.
 

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