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Hicks and Gillett set to sell quarter share of Liverpool

Discussion in 'General LFC Discussion' started by wertyu, Sep 17, 2009.

  1. wertyu

    wertyu
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  2. Beanokelly

    Beanokelly
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    Wishful thinking but hope it happens
     
  3. campo

    campo
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    I will get excited when they decide to sell fully up , who would buy 25% when does two are still around
     
  4. wonit6times

    wonit6times
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    More likely to pay off the debts within our club te lyin' *******$
     
  5. eoinlfc101

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    the problem with most of the middle east backers they will want to have a 100% straight away as they have no patience i cant see D.I.C coming in with just 25 or the Kuwaitis as it could take a further 3 to 4 years to buy out the club and with our lovely owners across the see not willing to put a penny in why would some 1 invest into 25% of debt,

    Actually i wonder would N.A.M.A HELP :)
     
  6. justydawson

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    NAMA - I would love to have that across our tops! :p

    Joking aside, its pressure and hopefully they are cracking, get out of our club!
     
  7. CHRIS1892

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    NAMA = Not Another Miserly American?
    :)
     
    #7 CHRIS1892, Sep 17, 2009
    Last edited: Sep 17, 2009
  8. Captain_Morgan

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    bla bla bla ill believe it when i see it
     
  9. justydawson

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    Bloody hope not !

    Someone with loads of money

    Here lads and lassies, whats the hopes of ShareLFC buying that share?
     
  10. bobby benitez

    bobby benitez
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    The way I see it these 2 c*nts will hopefully die soon. Looking for 3 unfortunate accidents is asking too much.

    This would be a disaster, it would strenghten their grip and ease pressure from the banks. They would probably allow Rafa to spend £20m on a player which would keep most fans happy and damage SOS's campaign against them.
     
  11. bryanod

    bryanod
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    Zero, and I hope I'm right.
     
  12. thecross1

    thecross1
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    ill believe it when it actualy happens, and i hope they sell 100%, as 25% is not enough to tempt any1, why would any1 spent 100million and have them 2 muppets in charge jesus
     
  13. Fowler's God

    Fowler's God
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    From bloomberg...

    http://www.bloomberg.com/apps/news?pid=20601077&sid=aGgby7YnFal8

    Liverpool Owners Planned Ticket Rise as Debt Refinancing Loomed
    Share | Email | Print | A A A

    By Tariq Panja

    Sept. 23 (Bloomberg) -- Liverpool’s owners proposed increasing the soccer club’s average ticket price by 8 percent and raising 100 million pounds ($163 million) from investors and loans as pressure built to refinance debt of 290 million pounds.

    The team’s U.S. owners George Gillett and Tom Hicks considered selling equity in the 18-time English league champion to pay down their debts with Royal Bank of Scotland Plc and Wachovia Corp., according to documents prepared by the club’s bankers and obtained by Bloomberg News. Jonathon Brill, a spokesman for Liverpool’s owners, declined to comment. He confirmed the documents.

    Gillett and Hicks paid 50 million pounds in July to get a year’s extension to the debt facility they used to purchase and run the club since their February 2007 takeover. Liverpool owes about 240 million pounds to the banks. Fans of the five-time European champion have criticized the owners for backtracking on a pledge not to raise the club’s debt and delaying work on a new 72,000-seat stadium. Ticket prices stayed the same in the end.

    “It would have been a very unpopular move†to increase prices, said Rogan Taylor, director of the Football Industry Group at Liverpool University and a member of a supporter-led group trying to acquire the club. “It looks like they took some wise advice not to do it.â€

    The proposed hike, which came as the majority of the 20 English Premier League clubs decided to freeze or reduce the price of some tickets for the 2009-2010 season, was one of a number of revenue-boosting plans outlined in the document. Liverpool may convert 1,000 regular seats into corporate seating by July 2011 and establish its own soccer academies.

    100 Million Pounds

    The March 2009 prospectus drawn up by investment banks Rothschild and Merrill Lynch tells potential investors that for 50 million pounds they would get a minority stake in “one of the world’s most successful football clubs.†The document says Liverpool was considering raising another 50 million pounds in high-interest payment-in-kind loans that would’ve ended up costing 104.4 million pounds by the end of a five-year term.

    In June, Kop Football (Holdings) Ltd., the club’s parent company, reported a loss of 42.6 million pounds for the year ended July 2008 on interest charges of 36.5 million pounds.

    According to the document, all but 5 million pounds of the new 100 million pounds the club was trying to access would have gone toward reducing its debts. U.K. media have reported that the new money would kick-start the stadium project.

    Liverpool last week announced a record sponsorship with Standard Chartered Plc, which will pay about 20 million pounds a season to replace Carlsberg A/S on the front of the players’ shirts. The document reveals Liverpool had forecast that it would retain the brewer by charging it 14.2 million pounds a season. Other forecasts in the prospectus include player wages and manager Rafael Benitez’s transfer budget until 2014.

    Transfer Pot

    According to management, Benitez would have about 20 million pounds a season to spend on new players, a figure that “will grow together with increases in broadcast revenues,†the document said.

    Liverpool made a profit in the last transfer window after the purchase of defender Glen Johnson was offset by the 30 million euro ($44 million) sale of Xabi Alonso to Real Madrid. Player wages will increase to 115.2 million pounds from the current level of 81.7 million, the club estimates.

    Other details of Liverpool’s future commercial strategy are outlined in the document alongside the increased corporate seating and Liverpool-branded academies. New secondary sponsors will be targeted and catering facilities improved to increase commercial revenue to 111.4 million pounds from 59 million pounds in the next five years.

    To contact the reporter on this story: Tariq Panja in London at tpanja@bloomberg.net.
    Last Updated: September 23, 2009 04:34 EDT
     
  14. eoinlfc101

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    they just make my blood boil
     
  15. campo

    campo
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    I feel sick after reading that we will never get rid of these twats will we
     
  16. justydawson

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    F*ck off ya Yank Twats,
    You got us into this mess, were not bailing you out with increased ticket prices!

    Sell up and F*ck off! :mad::mad::mad:

    Grrr....
     
  17. D7Hooper

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    They're not goin to sell up, if they're publishing a prospectus type document incorporating expected revenue over the next five years, I think we are fooked until then at least.
     
  18. trucker

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    Sorry I'm just gona correct myself there, Jonathon Brill(hes not married to her got confused there) works for Frued PR, which is owned by Ruport Murdochs Daughter, sorry about the mistake there lads, but the fact is we have a murdoch owned company been paid for by our club to provide spin for these 2 cnuts.
     
  19. dubit10

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    When oh when are people going to realise a boycott is the ONLY option to get these two out.:mad: I've stopped going over for home matches this season as i've had enough of their bullshit.(yes one person will make no difference but i'll sleep better at night)
     
  20. Venom1983

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    Yanks or no yanks we need that stadium built
     

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