Parky

fyp

Am I the only one wondering why he is in Tunisia? Surely he should be spending time recovering with the best doctors/physiotherapist which I doubt would be in Tunisia? It's as important to fix the mind as well as the body. Probably with family and whatnot.

Don't think you've quite got into the spirit of this thread. Hicks is a good man. A man who has been cheated. [/wink]

As much as I think Hicks is a bit of a shyster, in his long interview on sky (utube), he comes across quite measured and balanced. Interesting to hear that he had plans and art ready for the new stadium (spent 30m with architects at the end of 2008) and was readying to build a 'world class stadium'. He notes that the world fiancial crisis robbed him of the funds and backing he had in place for the stadium, which had to be put on hold. He also points out that Rafa had the second biggest amount of money to spend only behind man city (SAF also points this out somewhere). I think he has a point in the sense that there was a ;conspiracy' by the board to keep him from getting back into the club even though as he maintains "we had the funds ready to pay the RBS loan off". if the last bit is true, there is a good chance that the 1Billion $ law suit for damages looks more promising than just vengence or payback.

Preparing a bid?

If I understand this correctly, H+G could have struck a deal with Mill to pay off the debt. Sort of re-financing. Which of course would saddle the club/holding company with even more debt. I like your thinking.

Merseyside will have to be locked down with all the wakes, marches, protests planned. Full steam ahead!

I'll give Hicks this, he's no pushover. All this lark with a Texan court is hilarious and shows him for the Machiavelli character he is. If he and Mill financial can broker a deal today, we're back to square one.

Beeb: Texan court hi jinx continues.... Liverpool co-owner Tom Hicks is attempting to hijack the sale of the club by offloading his stake in the Reds to US hedge fund Mill Financial. The club were hopeful of ending the ownership saga on Friday by selling to North England Sports Ventures (NESV). Hicks believes he can scupper those plans by selling to Mill, which assumed control of American businessman George Gillett's 50% stake in August. It would then pay off the £237m debt owed to Royal Bank of Scotland (RBS). NESV's £300m deal is being held up by restraining order issued by a court in Texas, which is set to resume its hearing at 1300 BST. BBC Sports editor David Bond said: "They are still bound by the restraining order which hasn't been lifted because the Dallas court inexplicably adjourned overnight. "The feeling is that this was done to buy Hicks time to get a deal with Mill Financial done and potentially transfer the [debt] this morning, which leaves NESV in a difficult position because if the RBS debt is paid off a lot of pressure to sell to John Henry goes off." But on Friday, NESV owner Henry said on his Twitter feed: "We have a binding contract. Will fight Mill Hicks Gillett attempt to keep club today. Their last desperate attempt to entrench their regime." More to follow.

Hicks has asked Obama to assemble a task force. Navy seals seen in the Mersey

Go Hicks!! Going to give myself another goal.

Sooner or later money will ruin everything in this world.

We're not in a "financial predicament". Our dear American owners are. The club itself is a viable business, and usually made a profit before the Yanks tried to make it pay their loan interest. Actually this kind of leveraged buyout whre the club basically pays for it's own sale should be outlawed.

Now they've a new owner, Woy is too small for them lol. I have a feeling the fun is really about to start. So far it's only been an appetiser.

Indeed. It will stand out as a beacon of a lesson to other carpetbaggers.

i wish he'd just fuck off like Just read that - if I was Hicks & Gillette I'd be on the phone to 'Arry asking him if he wanted to take over from Woy, since he thinks they are doing such a bang up job It's interesting to hear another point of view though. They ought to have bailed out earlier, when the price would have been higher. I don't know if it was just greed, or whether they simply hadn't understood the situation. Now that the club is deep in debt, it's a buyer's market. It sounds that they were stuck in the model that if you 'invest' in the team, that will eventually increase the value of the club and you will then be able to sell at a profit - the normal pattern of 'investment' in other areas of life. When it comes to players, I think the word 'invest' should be banned. You don't invest, you spend. In the current climate, there's no way you can get a financial return from success on the field, because you have to compete with clubs like Chelsea who are being subsidised. That's aside from the difficulty of guaranteeing success from any group of 11 players. Broadly agree with that. The American franchise model and owing an PL club are really two different planets. It's good that more Yanks are coming in cause they will be cluesless as well.

To think Roman was worth nearly 20 billion only 5 years ago.

It's down to AC pulling out of the u21 squad twice with knocks and Pearce is saying he didn't want him anyway. Making himself look a t*** basically. In that last U21 game, Albrighton was getting some great balls into the box but Sturridge and Welbeck were wasting those opportunities. I thought at the time if AC had played, they would have scored a hatful even if he was just knocking the balls down to other players. So I definitely think this is a case of Pearce in a huff with Carroll for withdrawing from the last squad and wanting to teach him a lesson. Some lesson.

Closed league would go against everything football represents in England. Yes i know, I'm just saying thats all. Calm down Parky calm down. Liverpool and as we were would not be in this mess if a regulated salary cap was in place. Wage bill adjusted to a ratio of the turnover would be a better idea. ie 50% of turnover or somesuch. Hmmm, i dunno. Needs to be a level playing field for every team. Its then up to the club/ team if they want to max the cap out. It will encourage clubs to increase turnover. I'm not a believer in a level playing field. I'd rather see incentives to grow etc. Turnover would exclude loans btw from banks or owners etc. So our turnover is say 100m - the wage bill should be 50m a year and so on. Bigger clubs will be able to afford more wages and it will be an inventive for smaller clubs to grow. I think we mean the same thing.

Closed league would go against everything football represents in England. Yes i know, I'm just saying thats all. Calm down Parky calm down. Liverpool and as we were would not be in this mess if a regulated salary cap was in place. Wage bill adjusted to a ratio of the turnover would be a better idea. ie 50% of turnover or somesuch. Hmmm, i dunno. Needs to be a level playing field for every team. Its then up to the club/ team if they want to max the cap out. Need to cap the number of players on a payroll as well You can only register 25 now.

Closed league would go against everything football represents in England. Yes i know, I'm just saying thats all. Calm down Parky calm down. Liverpool and as we were would not be in this mess if a regulated salary cap was in place. Wage bill adjusted to a ratio of the turnover would be a better idea. ie 50% of turnover or somesuch. Hmmm, i dunno. Needs to be a level playing field for every team. Its then up to the club/ team if they want to max the cap out. It will encourage clubs to increase turnover. I'm not a believer in a level playing field. I'd rather see incentives to grow etc. Turnover would exclude loans btw from banks or owners etc. So our turnover is say 100m - the wage bill should be 50m a year and so on. Bigger clubs will be able to afford more wages and it will be an inventive for smaller clubs to grow.

Closed league would go against everything football represents in England. Yes i know, I'm just saying thats all. Calm down Parky calm down. Liverpool and as we were would not be in this mess if a regulated salary cap was in place. Wage bill adjusted to a ratio of the turnover would be a better idea. ie 50% of turnover or somesuch.

Closed league would go against everything football represents in England.

Worst team gets the best draft? Then what is the point to even try to win games once you're safe? But I've diverged from the thread. Fuck Liverpool! Fuck Gerrard and Carragher, fuck Hicks and Gillette, fuck Broughton and NESV FYP.