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Oh boy, what good reading

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"And remember – these debts haven’t been accumulated through overspending in trying to buy success and compete like was the case at Portsmouth, Leeds and various other clubs – they are entirely generated through debt loaded onto the club just so Gillett and Hicks can own us and bleed us dry with expense claims, management fees, arrangement fees for every refinance deal and wasting over £50m of the club’s money on a non-existent new stadium."

THE IDIOT GOT THAT WRONG.

They are paying £100million in wages which says - it is from wasting money, like was the case at Portsmouth, Leeds and various other clubs

Look at the players they have... ****s!
 
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seems like some have had a drop of realisation serum.

Paints a grim future that - to think the only way we might get rid of these scumbags is to see our beloved club hit rock bottom and go into administration.

God that makes frightening reading. We really are in trouble under those two c*nts.

It's frightening how quickly this has happened, it's picking up speed and all the while the debt is getting heavier our ability to carry it is reducing, it's only a matter of time before it buries us.

When you read it like that - well, it makes you feel murderous .... when we eventually come out of this nightmare, and we will ... I personally would like to see a "monument" to those pair of ******s so that we NEVER forget what those pair of utter twunts (and all their descendants) have put this majestic club through and take whatever action any of us individually or collectively feel appropriate. I dont want to say any more because those numbers speak for themselves ... they have literally raped the club ... in fact its more than a club ... its practically a 'religion' for many of us ... sacrilege and blasphemy don't even start to cover it ...

we'll chip in lads, in fact we'll build it now for you.
 
Just athought, and dont laugh - there have been some staggering and informative posts along BHB lines - we should collate the salient information like the figures above, Rafael's spending record, recent achievments onto a single page or cheat sheet ... everything there in black and white sprinled with a little of graphic Art Vandelay magic ... and just make it available and easy to find ... I'm a bit thick like and keep forgetting the exact details ... a little bar chart of the figures up there will shock the bejaysus out of not just our 'fans' but perhaps even those useless football authorities at the FA, UEFA and perhaps even at governmental level ... fit and proper persons test my arse!!
it wuz the fa
it wuz uefa
it wuz labour

brown out !!
 

Benitez has played a political chess game with Hicks and Gillett in the corridors of power at Anfield, and he has become part of the fabric at the club with his people in virtually every position of power regarding the football side of the club.

He has called upon the owners to lavish him with money, or he will leave. He has told them not to sell Fernando Torres or Steven Gerrard, or he will leave. He has also called upon them to meet their many promises, or he will leave. Rafael knows the club lies on the edge of a financial precipice and has made demands that he knows sound impossible given the level of debt.

During his six years at the club he has spent some £210 million on 49 players, whilst bringing in some £125 million for 80 players.

With the news that Rafael is now saying he needs at least six new players to challenge for fourth, it would seem that Rafael has spent quite poorly over his time in charge. To say he needs six players for a decent team after six years in charge is nothing short of Benitez admitting wasting Liverpool's money.

The biggest rise, however, has come in the wages bracket at the club, where Benitez has almost doubled the club's wage bill since taking over.

2004- £66m
2005- £65m
2006- £68m
2007- £75m
2008- £79m
2009- £101m
Total- £454
For the second year running KPMG have given a brutal audit on all that is wrong with Liverpool FC, citing "material uncertainty" yet again.


http://bleacherreport.com/articles/...-of-administration-after-massive-rise-in-debt


Walk on THAT.
 
Benitez has played a political chess game with Hicks and Gillett in the corridors of power at Anfield, and he has become part of the fabric at the club with his people in virtually every position of power regarding the football side of the club.

He has called upon the owners to lavish him with money, or he will leave. He has told them not to sell Fernando Torres or Steven Gerrard, or he will leave. He has also called upon them to meet their many promises, or he will leave. Rafael knows the club lies on the edge of a financial precipice and has made demands that he knows sound impossible given the level of debt.

During his six years at the club he has spent some £210 million on 49 players, whilst bringing in some £125 million for 80 players.

With the news that Rafael is now saying he needs at least six new players to challenge for fourth, it would seem that Rafael has spent quite poorly over his time in charge. To say he needs six players for a decent team after six years in charge is nothing short of Benitez admitting wasting Liverpool's money.

The biggest rise, however, has come in the wages bracket at the club, where Benitez has almost doubled the club's wage bill since taking over.

2004- £66m
2005- £65m
2006- £68m
2007- £75m
2008- £79m
2009- £101m
Total- £454
For the second year running KPMG have given a brutal audit on all that is wrong with Liverpool FC, citing "material uncertainty" yet again.


http://bleacherreport.com/articles/...-of-administration-after-massive-rise-in-debt


Walk on THAT.

I wrote a thread about this the other day, reading that article Goat.

I wasn't walking on.... I was f*cking dancing !!!
 
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