The Liverpool Thread

[Guest gggg]

How were any of them precedents? Two of them had debts ran up by signing players and West Ham haven't been in administration.

 

The football league statement on Southampton.

 

1.The Holding Company has no income of its own; all revenue and expenditure is derived from the operation of Southampton Football Club Limited (SFC) and the associated stadium company.

 

2.The Holding company is solvent in its own right. It only becomes insolvent when account is taken of the position of SFC and the other group companies.

 

3.The three entities (the Holding Company, SFC and the stadium company) comprise the football club and they are inextricably linked as one economic entity.

 

2 isn't the case here.

[Parky]

This is going to be mighty interesting in a couple of weeks.

[Cronky]

I can't see how Liverpool will escape administration here, but a 9 point penalty shouldn't mean relegation for them, and in practice the club will end up getting off lightly. By the end of the season, they'll have new owners, a drastically reduced debt and they'll still be in the Premiership.

 

I don't think 9 points is an adequate punishment, although obviously it can't be changed retrospectively in this case. In future, it should be automatic relegation, with a 9 point penalty for the following season if the club was going to be relegated anyway.

 

It would help if the huge income differentials between Premiership and Championship, and between Premiership and Champions League, could both be reduced. A lot of clubs get in trouble because they take risks to maintain their status, and they take those risks because the financial consequences of slipping down are so severe.

[Village Idiot]

Strange, I don't see much of this RBoS thing talked around and it seems a pretty big deal.

[Optimistic Nut]

Aye, worst thing that happens is they miss out on the Europa League and sell Torres.

[midds]

Aye, worst thing that happens is they miss out on the Europa League and sell Torres.

 

best 

[Optimistic Nut]

I mean worst for Liverpool. Best for me would be relegation and in freefall down the leagues.

[midds]

I mean worst for Liverpool. Best for me would be relegation and in freefall down the leagues.

 

Gotcha.

[timeEd32]

If the bank takes over and doesn't find a buyer by January, will they start asset stripping (sell Torres/Gerrard, etc.)?

[Mr. Snrub]

Gerrard's not allowed to leave, he'll get his legs broke init.

[Doug]

The new ground to be built on Fantasy Island now instead of Stanley Park

 

[Guest neesy111]

If the bank takes over and doesn't find a buyer by January, will they start asset stripping (sell Torres/Gerrard, etc.)?

 

Yeap, see when RBS took over Rangers.

[Guest neesy111]

Liverpool's debt is lumped on the club if they try to change it, the FA and Premier League will do them if they go into admin.  As the rest of the premier league will kick up a huge fuss about it all.

 

Can't see them going into admin, but if RBS takeover.  Liverpool can kiss goodbye any chance of finishing in the top 7 this season imo.

[Cronky]

Maybe they should have had a Smith-Nolan type team meeting where those whose heart wasn't in it were told to go.

 

Torres doesn't look committed. We know from our own experience with Owen that if you've got a senior player who's a bit disgruntled, it doesn't do the rest much good.

[Guest neesy111]

Should really say RBS and not RBOS which makes it confusing with HBOS

[Parky]

Strange, I don't see much of this RBoS thing talked around and it seems a pretty big deal.

 

It's been all over the papers for a month. Deadline is early Oct and the yanks have no money left.

[wacko]

If the bank takes over and doesn't find a buyer by January, will they start asset stripping (sell Torres/Gerrard, etc.)?

 

They will find a buyer no problem.

[Guest ObiChrisKenobi]

Strange, I don't see much of this RBoS thing talked around and it seems a pretty big deal.

 

Nobody wants to believe its happening, that's why. Media love Liverpool and won't go all scaremongering on them until its the day before. If it was any other club they'd be all over this.

[relámpago blanco]

If the bank takes over and doesn't find a buyer by January, will they start asset stripping (sell Torres/Gerrard, etc.)?

 

They will find a buyer no problem.

Depends for what money now, price is going down game by game.

[Guest BooBoo]

Considering the mackems away record, this was a wretched result for Liverpool.

 

That whole club is in a god awful mess.

[Fried Chicken]

Considering the mackems away record, this was a wretched result for Liverpool.

 

That whole club is in a god awful mess.

 

[Dave]

As if someone won't buy them. It's fun to see them doing shit on the pitch at present but mention of their demise as a club is way too early.

[Dokko]

As if someone won't buy them. It's fun to see them doing shit on the pitch at present but mention of their demise as a club is way too early.

 

Depends at that stage who dictates the selling price, if its the current lot they'll never sell, if its the bank then someone gets a cut price deal.

 

But it would surely have to go a long way before the bank gets a say in this.

[jdckelly]

As if someone won't buy them. It's fun to see them doing shit on the pitch at present but mention of their demise as a club is way too early.

 

Depends at that stage who dictates the selling price, if its the current lot they'll never sell, if its the bank then someone gets a cut price deal.

 

But it would surely have to go a long way before the bank gets a say in this.

all depends on what they do when the deadline in october arrives, do they want to takeover liverpool and try and hawk it off to satisfy their debt which could bring consequences in the form as it being treated as administration and as such 9 point penalty or will they bottle it and leave the 2 yanks there by giving another extension.

even without the yanks stupid asking price theres a lot of money needed there 250m just to buy it off the bank should they take over directly and sell it then new stadium cost and reshaping the squad

[Dokko]

The bank will extend the deadline, but I hope they add a fee more million on what's owed, should be some penalties of some kind.

 

Can't see admin for some time tbh.