Dokko Posted October 5, 2010 Share Posted October 5, 2010 http://www.liverpoolfc.tv/news/latest-news/liverpool-fc-statement-3 Liverpool Football Club tonight issued the following press statement: The Board of Directors have received two excellent financial offers to buy the Club that would repay all its long-term debt. A Board meeting was called today to review these bids and approve a sale. Shortly prior to the meeting, the owners - Tom Hicks and George Gillett - sought to remove Managing Director Christian Purslow and Commercial Director Ian Ayre from the Board, seeking to replace them with Mack Hicks and Lori Kay McCutheon. This matter is now subject to legal review and a further announcement will be made in due course. Meanwhile Martin Broughton, Christian Purslow and Ian Ayre continue to explore every possible route to achieving a sale of the Club at the earliest opportunity. I guess that statement was released by the 3 in bold. Can't wait to see what H&G have to say about that. Link to post Share on other sites More sharing options...
jdckelly Posted October 5, 2010 Share Posted October 5, 2010 the fun begins Liverpool's shambolic season hit a new low on Tuesday night as owners Tom Hicks and George Gillett blocked the sale of the club and attempted to remove two key members of their own board. Two new bids for the Anfield outfit were tabled earlier in the day, both of which have been described as 'excellent' by the Premier League club. Liverpool's board were due to meet to discuss the offers and give the green light for a change of ownership, with both prospective buyers promising to pay off the club's £282million debts. But in an astonishing move from American duo Hicks and Gillett, they turned down the chance of a sale and have now attempted to remove managing director Christian Purslowand commercial director Ian Ayre from the decision-making process. http://www.skysports.com/story/0,19528,11661_6430498,00.html? Link to post Share on other sites More sharing options...
Dokko Posted October 5, 2010 Share Posted October 5, 2010 It will be so funny if H&G find the funding to stay on, i think there will be utter meltdown at anfield. Link to post Share on other sites More sharing options...
Parky Posted October 5, 2010 Share Posted October 5, 2010 the fun begins Liverpool's shambolic season hit a new low on Tuesday night as owners Tom Hicks and George Gillett blocked the sale of the club and attempted to remove two key members of their own board. Two new bids for the Anfield outfit were tabled earlier in the day, both of which have been described as 'excellent' by the Premier League club. Liverpool's board were due to meet to discuss the offers and give the green light for a change of ownership, with both prospective buyers promising to pay off the club's £282million debts. But in an astonishing move from American duo Hicks and Gillett, they turned down the chance of a sale and have now attempted to remove managing director Christian Purslowand commercial director Ian Ayre from the decision-making process. http://www.skysports.com/story/0,19528,11661_6430498,00.html? Link to post Share on other sites More sharing options...
wacko Posted October 5, 2010 Share Posted October 5, 2010 http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9064239.stm Bah. Walking away with no profit, i doubt either will do it. They'd rather let the club sink. They really, really don't want to walk away with no profit, but they sure as fuck wouldn't let the club sink, because the selling price has to cover their debts, otherwise it will cost them (and they're not doing well financially). Hang on, the 2 cats who actually own the club can be forced to sell it against their wishes by the 3 other members of the board? How fucked up is that? It would be fucked up if they owned the club, but the strings are currently being pulled by the bank with whose money they bought the club. The only reason the Yanks are still in the picture is that the bank really, really doesn't want to own a football club. Of course, no-one is likely to buy the club before deadline day, because the Yanks are after a profit, and are asking far more for the club than the bank will be in a couple of weeks. IMO, our main hope is that the FA/EPL see the case differently to the Southampton one. The key difference is that LFC is solvent and profitable as an entity (separate from the holding company, which holds massive debts from buying the club), whereas Southampton + holding were one big sack of red numbers. Beyond that, the hope is that on-the-pitch form will pick up once all the corporate-level crap is sorted out. Of course it's all up in the air regarding our future owners. The bank will not be choosy. We could end up with even bigger cunts. Link to post Share on other sites More sharing options...
jdckelly Posted October 5, 2010 Share Posted October 5, 2010 surely thats worth a goal for parky on its own Link to post Share on other sites More sharing options...
Parky Posted October 5, 2010 Share Posted October 5, 2010 http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9064239.stm Bah. Walking away with no profit, i doubt either will do it. They'd rather let the club sink. They really, really don't want to walk away with no profit, but they sure as fuck wouldn't let the club sink, because the selling price has to cover their debts, otherwise it will cost them (and they're not doing well financially). Hang on, the 2 cats who actually own the club can be forced to sell it against their wishes by the 3 other members of the board? How fucked up is that? It would be fucked up if they owned the club, but the strings are currently being pulled by the bank with whose money they bought the club. The only reason the Yanks are still in the picture is that the bank really, really doesn't want to own a football club. Of course, no-one is likely to buy the club before deadline day, because the Yanks are after a profit, and are asking far more for the club than the bank will be in a couple of weeks. IMO, our main hope is that the FA/EPL see the case differently to the Southampton one. The key difference is that LFC is solvent and profitable as an entity (separate from the holding company, which holds massive debts from buying the club), whereas Southampton + holding were one big sack of red numbers. Beyond that, the hope is that on-the-pitch form will pick up once all the corporate-level crap is sorted out. Of course it's all up in the air regarding our future owners. The bank will not be choosy. We could end up with even bigger cunts. How long as Hodg got? I want to declare an early victory for Parky Enterprises. Link to post Share on other sites More sharing options...
madras Posted October 5, 2010 Share Posted October 5, 2010 http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9064239.stm Bah. Walking away with no profit, i doubt either will do it. They'd rather let the club sink. They really, really don't want to walk away with no profit, but they sure as f*** wouldn't let the club sink, because the selling price has to cover their debts, otherwise it will cost them (and they're not doing well financially). Hang on, the 2 cats who actually own the club can be forced to sell it against their wishes by the 3 other members of the board? How f***ed up is that? It would be f***ed up if they owned the club, but the strings are currently being pulled by the bank with whose money they bought the club. The only reason the Yanks are still in the picture is that the bank really, really doesn't want to own a football club. Of course, no-one is likely to buy the club before deadline day, because the Yanks are after a profit, and are asking far more for the club than the bank will be in a couple of weeks. IMO, our main hope is that the FA/EPL see the case differently to the Southampton one. The key difference is that LFC is solvent and profitable as an entity (separate from the holding company, which holds massive debts from buying the club), whereas Southampton + holding were one big sack of red numbers. Beyond that, the hope is that on-the-pitch form will pick up once all the corporate-level crap is sorted out. Of course it's all up in the air regarding our future owners. The bank will not be choosy. We could end up with even bigger c***s. what are you trying to say ? Link to post Share on other sites More sharing options...
Dokko Posted October 5, 2010 Share Posted October 5, 2010 I think nothing will be resolved by the deadline, those on the board wanting to sell the club will find they can't as H&G will use every legal trick in the book to delay, buy time and stop the sale of the club, and i think they'll be successful in doing that. Unless H&G receive an offer they find acceptable the club won't sell and the bank will keep pushing back the deadlines rather than get dragged in to a very messy court case, it will just mean more costs for them to consider. Link to post Share on other sites More sharing options...
Parky Posted October 5, 2010 Share Posted October 5, 2010 Don't think there is a hope in hell of anything changing on the pitch tbf. The players look totally lost and lacking in ideas and confidence. Link to post Share on other sites More sharing options...
Parky Posted October 5, 2010 Share Posted October 5, 2010 I think nothing will be resolved by the deadline, those on the board wanting to sell the club will find they can't as H&G will use every legal trick in the book to delay, buy time and stop the sale of the club, and i think they'll be successful in doing that. Unless H&G receive an offer they find acceptable the club won't sell and the bank will keep pushing back the deadlines rather than get dragged in to a very messy court case, it will just mean more costs for them to consider. Shit just got real. Link to post Share on other sites More sharing options...
Dave Posted October 5, 2010 Share Posted October 5, 2010 http://www.liverpoolfc.tv/news/latest-news/liverpool-fc-statement-3 Liverpool Football Club tonight issued the following press statement: The Board of Directors have received two excellent financial offers to buy the Club that would repay all its long-term debt. A Board meeting was called today to review these bids and approve a sale. Shortly prior to the meeting, the owners - Tom Hicks and George Gillett - sought to remove Managing Director Christian Purslow and Commercial Director Ian Ayre from the Board, seeking to replace them with Mack Hicks and Lori Kay McCutheon. This matter is now subject to legal review and a further announcement will be made in due course. Meanwhile Martin Broughton, Christian Purslow and Ian Ayre continue to explore every possible route to achieving a sale of the Club at the earliest opportunity. I guess that statement was released by the 3 in bold. Can't wait to see what H&G have to say about that. Amazing. Link to post Share on other sites More sharing options...
Dokko Posted October 5, 2010 Share Posted October 5, 2010 I think nothing will be resolved by the deadline, those on the board wanting to sell the club will find they can't as H&G will use every legal trick in the book to delay, buy time and stop the sale of the club, and i think they'll be successful in doing that. Unless H&G receive an offer they find acceptable the club won't sell and the bank will keep pushing back the deadlines rather than get dragged in to a very messy court case, it will just mean more costs for them to consider. Shit just got real. A lot of Liverpool fans are saying this is the 'end game' which they might be right, its possibly the beginning of the end of H&G, but the end could last several months depending on how much pressure the bank applies, and like I said I doubt the bank really wants to get involved any more in to this mess especially when it goes legal, which it will. Depending on the strategies which are used to try and remove H&G we could also see Liverpool docked points, surely that has to happen if the bank calls time and repossess the club. Link to post Share on other sites More sharing options...
madras Posted October 5, 2010 Share Posted October 5, 2010 am i the only one to think the takeover will go through in a couple of months (if not less) and they'll be spunking money away on transfers in the summer again ? Link to post Share on other sites More sharing options...
Parky Posted October 5, 2010 Share Posted October 5, 2010 I think nothing will be resolved by the deadline, those on the board wanting to sell the club will find they can't as H&G will use every legal trick in the book to delay, buy time and stop the sale of the club, and i think they'll be successful in doing that. Unless H&G receive an offer they find acceptable the club won't sell and the bank will keep pushing back the deadlines rather than get dragged in to a very messy court case, it will just mean more costs for them to consider. Shit just got real. A lot of Liverpool fans are saying this is the 'end game' which they might be right, its possibly the beginning of the end of H&G, but the end could last several months depending on how much pressure the bank applies, and like I said I doubt the bank really wants to get involved any more in to this mess especially when it goes legal, which it will. Depending on the strategies which are used to try and remove H&G we could also see Liverpool docked points, surely that has to happen if the bank calls time and repossess the club. Has to be 9 points. We'll see. Link to post Share on other sites More sharing options...
Neil Posted October 5, 2010 Share Posted October 5, 2010 I think nothing will be resolved by the deadline, those on the board wanting to sell the club will find they can't as H&G will use every legal trick in the book to delay, buy time and stop the sale of the club, and i think they'll be successful in doing that. Unless H&G receive an offer they find acceptable the club won't sell and the bank will keep pushing back the deadlines rather than get dragged in to a very messy court case, it will just mean more costs for them to consider. Shit just got real. A lot of Liverpool fans are saying this is the 'end game' which they might be right, its possibly the beginning of the end of H&G, but the end could last several months depending on how much pressure the bank applies, and like I said I doubt the bank really wants to get involved any more in to this mess especially when it goes legal, which it will. Depending on the strategies which are used to try and remove H&G we could also see Liverpool docked points, surely that has to happen if the bank calls time and repossess the club. Has to be 9 points. We'll see. You'd think. Link to post Share on other sites More sharing options...
Dokko Posted October 5, 2010 Share Posted October 5, 2010 I think nothing will be resolved by the deadline, those on the board wanting to sell the club will find they can't as H&G will use every legal trick in the book to delay, buy time and stop the sale of the club, and i think they'll be successful in doing that. Unless H&G receive an offer they find acceptable the club won't sell and the bank will keep pushing back the deadlines rather than get dragged in to a very messy court case, it will just mean more costs for them to consider. Shit just got real. A lot of Liverpool fans are saying this is the 'end game' which they might be right, its possibly the beginning of the end of H&G, but the end could last several months depending on how much pressure the bank applies, and like I said I doubt the bank really wants to get involved any more in to this mess especially when it goes legal, which it will. Depending on the strategies which are used to try and remove H&G we could also see Liverpool docked points, surely that has to happen if the bank calls time and repossess the club. Has to be 9 points. We'll see. Depends what De Jong thinks tbh. Link to post Share on other sites More sharing options...
Guest Posted October 5, 2010 Share Posted October 5, 2010 New statement from Hicks being read out on SSN. Link to post Share on other sites More sharing options...
Neil Posted October 5, 2010 Share Posted October 5, 2010 New statement from Hicks being read out on SSN. "Uh-oh!"? Link to post Share on other sites More sharing options...
Dokko Posted October 5, 2010 Share Posted October 5, 2010 Just caught the back end of it, looks like they won't cut price and will take legal action to stop the sale unless it's on their terms Link to post Share on other sites More sharing options...
madras Posted October 5, 2010 Share Posted October 5, 2010 Just caught the back end of it, looks like they won't cut price and will take legal action to stop the sale unless it's on their terms god bless 'em. Link to post Share on other sites More sharing options...
Parky Posted October 5, 2010 Share Posted October 5, 2010 Just caught the back end of it, looks like they won't cut price and will take legal action to stop the sale unless it's on their terms god bless 'em. Fuck me they are an evil pair. Link to post Share on other sites More sharing options...
jdckelly Posted October 5, 2010 Share Posted October 5, 2010 Just caught the back end of it, looks like they won't cut price and will take legal action to stop the sale unless it's on their terms the gift that keeps on giving Link to post Share on other sites More sharing options...
wacko Posted October 5, 2010 Share Posted October 5, 2010 http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9064239.stm Bah. Walking away with no profit, i doubt either will do it. They'd rather let the club sink. They really, really don't want to walk away with no profit, but they sure as fuck wouldn't let the club sink, because the selling price has to cover their debts, otherwise it will cost them (and they're not doing well financially). Hang on, the 2 cats who actually own the club can be forced to sell it against their wishes by the 3 other members of the board? How fucked up is that? It would be fucked up if they owned the club, but the strings are currently being pulled by the bank with whose money they bought the club. The only reason the Yanks are still in the picture is that the bank really, really doesn't want to own a football club. Of course, no-one is likely to buy the club before deadline day, because the Yanks are after a profit, and are asking far more for the club than the bank will be in a couple of weeks. IMO, our main hope is that the FA/EPL see the case differently to the Southampton one. The key difference is that LFC is solvent and profitable as an entity (separate from the holding company, which holds massive debts from buying the club), whereas Southampton + holding were one big sack of red numbers. Beyond that, the hope is that on-the-pitch form will pick up once all the corporate-level crap is sorted out. Of course it's all up in the air regarding our future owners. The bank will not be choosy. We could end up with even bigger cunts. How long as Hodg got? I want to declare an early victory for Parky Enterprises. Depends on what happens in the boardroom. The way I see it is, it all boils down to the uncertainty upstairs. An argument can be made that Rafa had his chance, blew it and lost the plot; but he denied it, the players denied it, and the fans denied it. This season, we start off with a very good manager, with a great track record (though, arguably not at the expected level), and it's still a big pile of shit. The whole no-strikers/holes-in-the-squad argument is a red herring. Alonso is the only (enormous) loss from a side that was hot shit in the CL, more so before Torres arrived. This certainly hints at problems that aren't directly attributable to the manager and squad. If we get in decent, non-egomaniac, new owners who are prepared to invest in the club over the next 10 years for longer-term profit, we'll do well. If we get another bunch of cumrags who hope the club can cover their costs and keep itself turning over till the next boom arrives, we're fucked. Link to post Share on other sites More sharing options...
ElDiablo Posted October 5, 2010 Share Posted October 5, 2010 Get in. Link to post Share on other sites More sharing options...
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