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Liverpool

13567…10

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Not those Option Arms, Alt A or whatever they are called, again icon7.gif Good job United have a ruck of good youngsters coming through :beer:

    I think the Option Arms is just off Lombard Street. The Alt A sounds like one of those club/bar places where you can't hear yourself think.

    Well if they can sell the youngsters in time then they'll be able to make the payments on the PIK!
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    StevieJ wrote: »
    Not those Option Arms, Alt A or whatever they are called, again icon7.gif Good job United have a ruck of good youngsters coming through :beer:

    They'll need them. After all, they paid £35million for anderson & nani.

    PS apparently they're releasing Gibson, F Campbell and one other...

    That said, I know Wellbeck is highly thought of by SAF.
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Not those Option Arms, Alt A or whatever they are called, again icon7.gif Good job United have a ruck of good youngsters coming through :beer:
    Just a shame they still have to buy them from other clubs youth academies yet :)
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    Really2 wrote: »
    The club made a £40m profit(I am sue that is what i saw a few weeks ago). It is the parent company that made the loss.

    I think the last figures were £500M believe me if they can't refinance sheik Mohammad will buy it. He is a life long fan:)

    £300M for the club = debt free. H&G use the £300m to clear debt.

    Like it or not liverpool will not go bust.

    Man U are a worse purchase on paper as they are not profitable

    Yes, but the parent/holding company are in trouble. What I'd like to know, is will the premier league take the same stance as was taken with Southampton (ie holding company are in admin, therefore club technically in admin), or will they be more lenient?
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    Really2 wrote: »
    Just a shame they still have to buy them from other clubs youth academies yet :)

    Yes, taking my clubs best defender!:mad:
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    lemonjelly wrote: »
    Yes, but the parent/holding company are in trouble. What I'd like to know, is will the premier league take the same stance as was taken with Southampton (ie holding company are in admin, therefore club technically in admin), or will they be more lenient?

    They'll be lenient if it's one of the Big Four I suspect. The FA seem to be terrified of a European League starting that cuts them out of the picture.
  • Yakubu22
    Yakubu22 Posts: 640 Forumite
    500 Posts
    lemonjelly wrote: »
    Yes, but the parent/holding company are in trouble. What I'd like to know, is will the premier league take the same stance as was taken with Southampton (ie holding company are in admin, therefore club technically in admin), or will they be more lenient?

    I imagine they would have to take the same stance as with Southampton FC. Otherwise what's to stop other PL club owners forming holding companies and piling on debt, knowing its ok because its not technically the football club's debt.
    "For those who understand, no explanation is necessary. Those who don't understand, dont matter."
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 5 June 2009 at 3:11PM
    lemonjelly wrote: »
    Yes, but the parent/holding company are in trouble. What I'd like to know, is will the premier league take the same stance as was taken with Southampton (ie holding company are in admin, therefore club technically in admin), or will they be more lenient?


    like i said the easy fix is sell the asset to clear the holding companies debt.

    In reality the club is debt free so is still an attractive asset.
    G&H would close the parent company if it was sold as i am sure the bank would want the money :)

    if the debt was on the head of the club it would not look as attractive but a club making £40m is not a bad option.

    To buy the parent company for £300M would be stupid as that as the debt, but if you purchase the asset off the parent company you do not take on the parents companies debt as you have not purchased the parent company.

    Ps I think they would take the 10 point stance but in reality any buyer would want to purchase before then as the 10p would cost quite a bit (champions league revenue)
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    Yakubu22 wrote: »
    Supporter of a "Debt4" Club?

    Everton havent won a trophy since 1995 (as you correctly state), basically because they dont have access to the credit that the above clubs do. Lets not pretend money hasnt grossly disorted football over the last 10 years

    not at all
    complete opposite in fact
    and yes we did win silverware this season.... and unfortunately lost our League membership at the same time...

    u think u have it bad ?

    i'm a luton town fan !!
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • Yakubu22
    Yakubu22 Posts: 640 Forumite
    500 Posts
    inspector_monkfish wrote: »
    not at all
    complete opposite in fact
    and yes we did win silverware this season.... and unfortunately lost our League membership at the same time...

    u think u have it bad ?

    i'm a luton town fan !!

    fair doos. You should've kept that astro turf pitch though!
    "For those who understand, no explanation is necessary. Those who don't understand, dont matter."
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