Liverpool Banter Archive October 12 2010
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12 Oct 2010 23:17:57
PMSL at this one. .
"Watching england it's really painful, to predictable & awful commentary."
I guarantee 100% you are not from Liverpool.
I'll let you into a little secret my friend. In Liverpool we couldn't give a flying fcuk about the English national team coz Liverpool is our national team.
Frenchy.
12 Oct 2010 23:11:32
"MARTIN BROUGHTON TO STAY ON AS CHAIRMAN AS I FEEL HE HAS DONE A GREAT JOB SO FAR A DOESN'T BEAT ROUND THE BUSH WHEN QUESTIONED BY THE FANS - UNLIKE OTHER CHAIRMEN"
Utterly irrelevant I'm afraid. He is jacking as soon as we have new owners. Selling the club was his remit. New owners equals new chairman. For a period I would expect Purslow and Ayres to stay on board (pardon the pun) but that is just to see the new owners through the transition period. That's how it works.
Frenchy.
12 Oct 2010 22:56:11
Things looking bad for the derby kuyt and agger injured.meireles scored a cracker tonite.sud give him some confidence
12 Oct 2010 22:35:28
How many fans outside the high courts 6? 7? lol talk is cheap! must be that your fans are all over the world esp in australia that you can't that many into london! don't mean that much to you does it that club of yours?
12 Oct 2010 22:18:01
According to the media.....
{Editor's Note: You are cutting and pasting an article with dubious basis and questionable math. You probably need to refocus on matters in hand.}
12 Oct 2010 21:53:46
What happend to dic ?
He went to manage Inter
12 Oct 2010 21:53:35
Oh on the bright side scum utd will have this when their debts are called in in 2017ish and it could be upto a billion pounds by then - oh how we will laugh
Be honest mate the scum havent really took the piss on the takeover side. .they have on results. but they know theyve got the same problems at some point . .its the bitter blues who have really took the mickey. . the rich men from over the park. the klan
i live and work in manchester nadd believe me i have had loads of sh*t over the results and our predicament
bigg2966
12 Oct 2010 21:43:10
Hi ed,
given the fact we will eventually be taken over no matter who or what prevails this week, do you think big woy will still be in charge, i believe its set up for new owners to come in steady the ship and hopefully evade administration and the docked points, we can hopefully turn it all round and puch for top 4. therefore woy getting the praise he would well deserve and getting another year to guide us to an FA cup and a safe top 4 finish again for season 2011/ 2012. aptly leaving that summer for england? and then with the promise of champions league football and a solid squad, invite mourinho to take the helm, he said he'd come to us if we had money and by this time we wouldn't be in dire situation we are in now and he would be bored with real madrid by then. what are peoples thoughts? theyre gonna give woy til end of season at least aint they, if no top 4 then all the above could well change and jose maybe offered the role next summer, i think that all depends on how well he does with real, if they win champs league and la liga he could well leave. i think hodgson speaks sense but it may be too big of a task for him.
any thoughts?
{Editor's Note: This is a season of consolidation. Get the ownership issue resolved; tweak the team in January; see the season out. Set up for next year.}
12 Oct 2010 21:40:27
What happend to d.i.c
{Editor's Note: Mybe Google can help you out here.}
12 Oct 2010 21:32:53
Guys, remember to say a prayer for the old girl before you go to bed tonight, and wear your lucky rabbit's foot tomorrow!
12 Oct 2010 21:36:21
So no matter what happens here, RBS have a plan to sell the club to a few bidders.
We can hope so mate, we can hope
12 Oct 2010 21:38:11
I'm beginning to think this is Karma for Istanbul tbh. One of youse made a deal that night, and the time has come to pay lol
ferd
12 Oct 2010 21:30:08
Kevin Davies has just come on. .
im just goin to get my boots out of the loft.
SMF
12 Oct 2010 21:28:20
Not a decision today, but over all I think things are looking up (finally) for LFC. If god forbid the deal goes sour with NESV, then we have another great option (Broughtons words) to takeover the club with an improved offer, they even are willing to bail us out if we go into administration.
H&G's QC said in court; they know ultimately they have to sell.
NESV look like they a plan for our club, I hope they get the deal, John Henry as already done more on Twitter today than H&G have done in their reign as owners.
Still say if LIM takes over Roy will be forced out.
12 Oct 2010 21:26:52
People have been waiting untill the last minute to make bid. These bids should all be considered, as real bidders look to get a good deal on the club. We knew that good offers would come in towards the end of RBS deadline
I disagree, I think real bidders do their homework, take their time, engage the club, respect confidentiality, have a sustainable plan and avoid headlines. Sharks like Lim wait for the right time to strike and make a fast buck
ferd
12 Oct 2010 21:26:50
All i want to know is when is the possible date NESV will take over if hicks and gillet get the boot in this case?
12 Oct 2010 21:20:12
People have been waiting untill the last minute to make bid. These bids should all be considered, as real bidders look to get a good deal on the club. We knew that good offers would come in towards the end of RBS deadline.
12 Oct 2010 21:18:30
The saga took a surprise turn when Lim, a billionaire, announced that he had made an improved bid for the club on the morning of the case and offered to make an additional £40 million available for the acquisition of new players.
In a statement, Lim said: "I believe that if its massive debt burden can be removed, the club would be able to focus on improving its performance on the pitch.
"My offer pays off the existing owners' bank acquisition debt and also frees the club of its own bank debt. If the board accepts this offer, the monies are available immediately thereby removing the threat of administration.
"The club needs to strengthen its existing squad. As part of this offer, I will be injecting £40 million in cash into the club for Roy Hodgson to bring in new players during the upcoming transfer window. Liverpool needs to start winning again.
"I respect and admire Liverpool Football Club, which is steeped in tradition and history. I am committed to rebuild the club so that it can soon regain its position at the pinnacle of English and European football, where it truly belongs.
"This is why I have stepped forward with this offer."
12 Oct 2010 21:15:27
Be honest mate the scum havent really took the piss on the takeover side. .they have on results. but they know theyve got the same problems at some point . .its the bitter blues who have really took the mickey. . the rich men from over the park.
True, the silence from the Scum has been deafening, which tells me how much they are bricking having a 1 billion debt
ferd
12 Oct 2010 21:14:52
"The cost of livig goes up all the time, so why shouldn't ticket prices."
I don't believe the normal fan should be priced out of the stadium. If Red-Sox take over happen, they will build more crop-boxes at the expense on normal seating for normal fans. This is a issue if we stay at anfield. The fans are not here to give corp-suits atmosphere at games.The fans are the clubs wife and these crop-boxes are the clubs whores. They will be gone when we are relegated, the normal fan will stay.
If you don't like the product then don't buy it.
Thats the point, normal fans like the product, families like going to football on saturdays. This not possible anymore, cause of price keeps claiming. going to the football will soon be like having a family hoilday in terms of cost under henry.
"John Henry knows how to run a sports team(s)"
John henry knows how to get money out of fans, how to limit supply so he can increase prices. I don't agree with him, football is not a get-rich vehicle for mllionaires. Do you really want to tell your son i can't afford to take you to the football and purchase new kit becuase henry priced me out for richer people. Liverpool is a working mans city. Where not all cappuccino drinking london city bankers. some of us work as teachers, nurses where not all greedy bankers.
"Hicks as he stands to loose a fortune on the way he mishandled us"
yes hicks will lose money, that's his problem, but henry is not the answer. He offers the fans nothing and the fans know this. IF you work for him, tell him to cut us the fans in on this deal and we may support him. eg new stadium, higher wage structure, or transfer budget, even a statement of ambition for championsleague football. we want ambition, but penny pinching.
12 Oct 2010 21:07:37
40m to spend in jan!
INS
mata 15m
striker (llorente, gomez, suarez) 12-18m
ziegler 5m
right back 3-8m
TOTAL: 35-46m
OUTS
lucas 6m
babel loan
reina
new right bk carragher agger ziegler
cole gerrard meireles mata
torres new striker
12 Oct 2010 21:05:14
Watching england it's really painful, to predictable & awful commentary.
12 Oct 2010 20:56:39
Just googled mr lim? ?
and got mr Tarquin Fin-tim-lin-bin-whin-bim-LIM-bus-stop-F'tang-F'tang-Olé-Biscuitbarrel. . . Silly party , Gain on the luton constituancy?
Another silly party
12 Oct 2010 20:38:46
I welcome the NESV offer over Lims, simply I trust Boughton and the board to fing the BEST buyer, they are structured in business and offer to turn us to profit rather than paying debts and interest. I feel convinced that they understand the beautiful game and that is why they are the best offer. Lim is simply talking cash and not business!
12 Oct 2010 20:31:58
I have posted a few thoughts on here an thoroughly enjoy the site ed.
i can't believe some of the posts on here tho obviously scum or bluenoses more worried about writing negatives about us than writing in their own forums - typical bitter mancs and blues
i am so tense about tomorrows outcome and then we will have appeals don't know if my heart can take the stress
would also like to reiterate that i am fully supportive of nesv, i think they will be good for us suatained growth bigger capacity ground whichever they choose to do and investment in a squad that has a nucleus of real class players so i vote John Henry an his team over any of the others.
the key word is sustained, steady growth over time no short fix but build a bastion of invincibilty (club and team) so we never find ourselves in this mess ever again.
oh on the bright side scum utd will have this when their debts are called in in 2017ish and it could be upto a billion pounds by then - oh how we will laugh
bigg2966
12 Oct 2010 19:50:37
As we all know the real losers in all this is going to be LFC. Our reputation has been stained and dragged through the mud. We have become the laughing stock. What ever happens tomorrow it is going to take a long time to get the glory days back at Anfield.
12 Oct 2010 18:55:56
11 Oct 2010 18:56:30
Liverpool to beat Everton 1-0 on Sunday with a late long range deflected shot (off Fellani's perm) from Jamie Carragher (88th minute).
- - - - - - - - - - -
SUPERB!
12 Oct 2010 18:50:10
Broughton will be triumphant, i am in no doubt like he said keep the faith.Mr Henry will be good for lfc and we will rise again.Roll on tommorow happy days.
12 Oct 2010 18:44:48
I said last night the new bidder seemed set up and look what happens today H and G decide to bring the bid up in the court to try and convince the court Broughton hasn't considered other bids bulls*eep. Don't trust them one bit this bid is prob a load of carp even says they are going to place the bid if H and G win what a coincidence. It's a load of carp Broughton is doing whats right for the club the red sox owners seem decent h and g wanted more money and he excepted the bid as its better for the club and not h and g they would sell to anyone offering the most money.
12 Oct 2010 18:44:38
Dan Roan says the judgement will now be tomorrow at 10am.
12 Oct 2010 18:43:43
Go on John Henrys twitter page hes started posting today and gives you an insight into what NESV is about . SMF
12 Oct 2010 18:41:07
Ed i watch the site as often as i can . .and i reckon the transfer window was busier than 2 day. . on here
am i right
{Editor's Note: I think it was.}
12 Oct 2010 18:38:37
RE John W. Henry control of the club.
No average fan wants Henry in charge of the club any more than Hicks is in charge of the club right now.They know henry will increase ticket prices, be smarter putting debt on the club, and lessen the transfer budget. he will squeeze lfc for every penny. In a way Hicks is more honest man in this situation. He our rosser, better the devil you know than the one with new tricks up his shelve. H+G should win because they have shown that selling the club to Henry is not in the best interest of the club. The Chinese bidder should of taken control of the club. I hope RBS will force brought to take the more sensible bid for LFC before administration.
{Editor's Note: I have included this under banter - as we do not have a surreal category.}
The cost of living goes up all the time, so why shouldn't ticket prices. If you don't like the product then don't buy it. If the Real not average Liverpool fan could be sure that we were in good hands and the product was one worth buying the supply and demand will kick in. John Henry knows how to run a sports team(s) and he also takes into consideration the fans. History is where I got this fact from and history tells me that Hicks and Gillette do not know how to run sports teams(dallas stars, texas rangers, Vancouver cannucks to name a few). Selling to Henry is in the best interests of the club but not in the best interests of Hicks as he stands to loose a fortune on the way he mishandled us. A steady, frugal owner would be whats needed now and gets us ready for the new fair play rules for Euro competition in a few years.
12 Oct 2010 18:26:33
RE: the future of football ownership in uk
It's called "50 plus one." This term encapsulates a fundamental rule of German professional football. It means that the original club must always retain 50 percent plus one vote of a Bundesliga holding company. In this way, the clubs want to prevent investors from taking the reins of a professional team. A club with its tradition, its members and its culture shall not become the plaything of soulless billionaires or hedge funds.
Clubs in other European countries are less bound to this tradition and in England, for instance, is the playground of oil billionaires who have taken over chelsea, Manchester City. In Italy, Prime Minister Silvio Berlusconi owns AC Milan; and in the U.S., several NBA basketball and NHL hockey teams belong to wealthy individuals including Liverpool fc.
"the benefits to the fans, is cheap ticket prices, a say in the club. The club is run for the fan.
For many, this is proof that football is losing its spirit. And if owner goes bankrupt. Hicks, for instance, has piled debts amounting to £300 million on liverpool. The club would go broke if the wealthy decided to let lfc sink.
Could 50 plus one rule be the answer.
12 Oct 2010 18:13:00
Me thinks you need a rest ed!
God knows how many posts your gunna get 2moro
Harry5:|
{Editor's Note: It has been a pretty interesting day. No doubt there will be a bunch of comments tomorrow. Maybe we have a consolidated statement.}
12 Oct 2010 17:59:26
RE John W. Henry control of the club.
No average fan wants Henry in charge of the club any more than Hicks is in charge of the club right now.They know henry will increase ticket prices, be smarter putting debt on the club, and lessen the transfer budget. he will squeeze lfc for every penny. In a way Hicks is more honest man in this situation. He our rosser, better the devil you know than the one with new tricks up his shelve. H+G should win because they have shown that selling the club to Henry is not in the best interest of the club. The Chinese bidder should of taken control of the club. I hope RBS will force brought to take the more sensible bid for LFC before administration.
{Editor's Note: I have included this under banter - as we do not have a surreal category.}
12 Oct 2010 17:56:50
It's 12:55AM October 13th in Malaysia now. .
GOD, . . please us. . .
12 Oct 2010 17:41:48
Sorry to say I have to agre with the editor, having looked at every web site and comment regarding the Court details, I can find, the RBS case does seem pretty thin.
The comments regarding ' home team' may have cast doubt on the openess and fairness of the sale processes.
And do we really ignore a proposed sale of the club to another bidder who is paying more for the club and saying he will give big bucks for transfers.
A higher price is a higher price fullstop, i might not agree with hicks getting the best offer, but the powers that be might
If i was selling my business , and my bank who i do borrrow money from, decided to sell it to a bidder that was not the best (money wise) bidder, I would be well pissed off, and if honest so would the rest of you.
I hate H & G with a passion, but they may just win, god help us
rasone
12 Oct 2010 17:36:57
I have a bad feeling about tomorrow 10:30 could be the fall of the great
12 Oct 2010 17:34:11
RE:You chiselling pair of shysters!
"1990's. However, David Moores and Rick (silent P) Parry, come on down. You chiselling pair of shysters!"
This is business no a game and no where for child like fans to be. football is awash with money everyone got rich including the agents, managers, pundits and players. We the fans paid them through our tv screens. You expect them all to have their hands out, but the chairman to lose millions financing this monster. You fans are deluded if they thought the bubble could last forever.
Shyster is such a strong word for people who where just a little bit smarter than rest "shysters in the game" and got out with some real money before the bubble burst.
For once chairmen of football clubs like Moors made the Americans look stupid in paying just a high price for a asset that will always bleed the chairman dry. like Newcastle, man u people got out of game with some real profits for the game bleeds them of money.
Owning a football club is like playing poker, soon or later your chip pile will bleed away and your left with nothing. Hicks has just experience that.
Liverpool fans should have no ill will towards Mr Hicks the shysters who took lfc into administration. He invested 140m into the club. He personally stands to lose if the club loses. He personally stands to lose if the club is sold. He personally stands defeated. Be nice to the man today and wave him goodbye, no need to through rotten eggs at the man. Divorce can be a messy business, and the children suffer.
12 Oct 2010 17:27:52
Sorry to say I have to agre with the editor, having looked at every web site and comment regarding the Court details, I can find, the RBS case does seem pretty thin.
The comments regarding ' home team' may have cast doubt on the openess and fairness of the sale processes.
And do we really ignore a proposed sale of the club to another bidder who is paying more for the club and saying he will give big bucks for transfers.
A higher price is a higher price fullstop, i might not agree with hicks getting the best offer, but the powers that be might
If i was selling my business , and my bank who i do borrrow money from, decided to sell it to a bidder that was not the best (money wise) bidder, I would be well pissed off, and if honest so would the rest of you.
I hate H & G with a passion, but they may just win, god help us
rasone
12 Oct 2010 17:27:02
RBS will only put the club into administration if it makes financial sense for them to do so. That is their only concern. As things stand if LFC win, then New Sport can buy the club. If a protracted case looks likely then RBS can foreclose as they can call their creditors in. The deadline for this will be 1st November. Technically, though, RBS have been able to foreclose fo rmonths as H and G have been in breach for some time.
{Editor's Note: Can you substantiate how H&G have been in default? How much do you think is owed to RBS?}
12 Oct 2010 17:20:27
Again it all boils down to misunderstanding what is needed for a succesful bid.
Whether Meriton put down a larger bid than NESV or not, can Broughton really consider a bidder who is a Manchester United fan and owns a chain of Manchester United themed supporters bars in Asia? Money aside, is this what is best for the club? Even H&G can give you the answer to that.
Also, what sports experience does Meriton have? It's all good saying they'll bring in advisers, but you cannot doubt NESV's creditability in the sport industry.
Simple dimple.
12 Oct 2010 17:19:07
Lets just hope tomorrow brings us the best news since the fall of Thatcher. . . . .from Fairfield to Cape Town from Boys pen to Armchair , every Lfc fan deserves he right result. Come on Judge Floyd , Shine on you crazy Diamond!
12 Oct 2010 17:15:25
There will be an Appeal after the Ruling tomorrow irrespective of who wins - it may be lodged straight away or it may be a couple of days later after the Ruling is received in writing - but it will happen. The Appeal will not be sorted before next week and therefore expect an Application straight to the High Courts from H&G for an Emergency Injunction preventing RBS taking control of the club pending the result of the unheard Appeal.
Standard legal procedure in these matters unfortunately.
RED LENIN
- - - - - - - - - - - - - - -
12 Oct 2010 17:14:59
Got a terrible feeling the court case is swinging G and Hs way, many experts thought it would have been concluded today'with an appeal heard before friday thus allowing us to conclude any sale'with the judge saying this is now highly unlikely'it only leads me to believe things have not gone our way as broughton predicted' Shanks' Bob' Joe' if your looking down please gents do us a favour and get these wellends out
12 Oct 2010 17:14:49
I believe RBS under the guidance of local and national government should sell the club. we need to know that RBS will be responsible selling the club and not look to strip the club down as fast a possible. Losing value, but saving time.
12 Oct 2010 17:12:46
Is it good or bad news? tomorrow morning at 10.30am
earlier in the day both dan roan & the guardian were reporting no judgement until friday at the earliest. what i did notice is that h&g admitted they broke an agreement "because thay felt excluded from sale process" meaning not enough cash in it for them! hope it's good news. KEEP THE FAITH. YNWA :)
12 Oct 2010 17:09:03
I think tom hick has a fair case: The club is not being purchased out right and these owners will be placing huge debt with NESV holding company. It means we are tied into Red-Sox potential loses as well as our own.
Tom Hicks will ague that the club is no more secure with red-sox owner than with Him. If the judge really takes time to look into the deal. then he will see that this is no solution for the club. They are just robbing peter to pay poor. But Hicks would have to show their is better bidder with better terms for the club. Come Friday the club could be in administration
12 Oct 2010 17:08:27
Just seen the picture of Mr Justice Floyd - he's got some sort of red apron tied round his neck - he might be a secret LFC fan. Also the poor guy must be bald as he's got this wierd wig on.
RHI
12 Oct 2010 17:08:18
{Editor's Note: You have to trust that RBS and Wells Fargo will not do anything to harm the club.}
ED, what should RBS do in order not to harm the club?
{Editor's Note: Avoid mention of Administration.}
12 Oct 2010 17:07:19
12 Oct 2010 16:27:04
4.04pm: JUDGE SAYS IT WOULD BE A "LITTLE AMBITIOUS" FOR THE CASE TO BE SETTLED BY FRIDAY. (In reply to Broughton's QC saying board would desperately like a verdict by then). Just wondering where that would leave us.
Where we've been since the day Peter Robinson stepped down. In the sh*t. Thanks, Gillet, thanks Hicks, special mention to Noel White, guilty of extreme arrogance and complacency in the early 1990's. However, David Moores and Rick (silent P) Parry, come on down. You chiselling pair of shysters!
And if by any chance any of the players read this website, stand up and be counted this weekend. You can't use this to cover the fact that vast majority of you have been playing like spineless, useless h*cks this season. Every single one of us would run through walls to wear that red shirt. Do the h*cking same will you! !
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AGREE, NOEL WHITE MUST TAKE SOME BLAME ALSO. PLANS FOR A NEW STADIUM COULD HAVE GOT OF THE GROUND IN THE EARLY 1990S. ALSO HE ALLEGEDLY HAD A ROLE IN FORCING DALGLISH OUT BY NOT ALLOWING HIM TIME OFF FOR STRESS AFTER HILLSBOROUGH.
12 Oct 2010 17:05:57
I've got a feeling this late Lim bid will actually favour hicks & gillet. It shows that the club is being undervalued & clever lawyers will use that in court.
I hope for all our sakes that this Lim guy is legit cos i can see this taking some twists and turns before its over. .
12 Oct 2010 16:53:18
Any more from in the court
12 Oct 2010 16:52:12
Verdict on case 10.30am weds!
12 Oct 2010 16:51:22
BRAKING NEWS: LFC TO AVOID ADMINISTRATION AS JUDGEMENT WILLBE PASSED TOMMORROW AT 10.30AM MEETING THE DEADLINE OF FRIDAY!
12 Oct 2010 16:50:39
Well i always followed liverpool and i live in ireland and would not put an irish club over liverpool but saying that i agree with what your saying about lim, he did say that he wants to put liverpool back were they belong and maybe he just saying what he thinks we want to hear, but he has a stain on his cv he he made money out of the scum, when was a kid my uncle bought me a scum football and i wouldn't use the fecking thing but my da told me that i get to kick the shyte of that ball and so i did
king henry
12 Oct 2010 16:47:03
I know peter lim has said he will clear the debt and give a transfer budget of 40+ but where does he stand in terms of building a new stadium? I would think that in order to stay at the top for decades to come we would need a new stadium with the rules coming in of only spending what you make !
Blood Red
12 Oct 2010 16:44:38
Sorry for deviating. . Ed! whats with Noel White. . how is he responsible for Liverpool fall since 1990 (just for my info). .
12 Oct 2010 16:41:18
Ed,
relax on the 'flakey remarks', these are justified by denials made on behalf of hicks and gillett regarding meetings etc - whilst i agree 'slippery' not great term in court room.
i think the judge (assuming a clean slate for all parties) hearing that mack hicks being present in a board meeting as well as denying knowledge of meeting with NESV on the (expiry date) 5th would be thinking that H&G have skeletons in their closet?
red snake
12 Oct 2010 16:24:20
Re:
We cannot let any Man Utd fan represent us. . don't we hate Man Utd as much as we hate H&G. .
You seem to be confused about, the difference between business and football fandom. Is Lim a Manure fan? He opened some bars and shops to exploit a percieved business opportunity - that doesn't mean he is a fan.
Even if he is a fan, foreign fans are rarely as devoted as fans from that country. We all tend to "support" a club from many countries, but the one you really support for most people is the one from your own country. As a kid I thought I supported Barca in spain because Cruyff played for them. More recently I happened to be in Madrid for a weekend and saw Real play when Macmanaman was playing for them so I supported them. No Spaniard could switch alegiances between Barca and Real but for an Englishman that is not a problem because I don't "really" support either. It is just football is more interesting if you care who wins and deciding to support one or other team is cheaper than betting.
Bob
12 Oct 2010 16:21:30
No decision by Friday means only 1 thing. 40mill in additional fines and interest being added to hicks and gillettes losses. RBS will act friday and pull the club from their grasp and have an agreement in place to accept a bid from NESV. Consider it a "short sale"
A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan.[1] It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency.[2]
This is RBS's way forward and avoids asministration. Court cases will ensue but there will only be one winner, and that's LFC and its great supporters. Hail Broughton. YNWA
Paul
{Editor's Note: I entirely disagree with this post - these are US terms that have no standing in English Law.}
12 Oct 2010 16:11:58
Not exactly a rumour but all this talk of selling the club and who can do this and that is getting on my nerves do the fans not realise if we just boycott one game that people will start getting the message as to who is really in charge after all its us fans who really keep the club going by buying merchandise and tickets etc etc.Why should we sit back and take any more crap off anybody they are all in it to make what money they can.We might have been better off just letting Steve Morgan take over in the first place at least he is a liverpool fan
12 Oct 2010 15:57:35
Keep the faith. . .YNWA.
12 Oct 2010 15:56:46
Looks like the judge is speaking for the Liverpool board. Okay that seems to be a good things, but we have to keep in mind that the judge will base his judgement on the party with the most consequent and supported arguements. So its not all done yet we we'll have to wait for his final verdict. Hopefully before that the liverpool's barister will have something up his sleeve to put the final nail in the coffin of H&G.
12 Oct 2010 15:46:56
ED WHOTS THE LATEST MATE JUST GOT HOME FROM WORK GOT TO BE UP TO DATE. ED IS IT LOOKING GOOD INFO PLEASE WALK ON WITH HOPE UP THE POOL JAY ESSEX RED 4 LIFE WATCH 4 THE BIDDING WAR NOW ITS GAME ON 4 HICKS NOW. . . .
{Editor's Note: Jay - I suggest looking below and perhaps visiting: guardian.co.uk}
12 Oct 2010 15:45:50
Shudnt we call H&G's bluff, await the deadline and then proceed with the sale to NESV? won't that mean LFC end up with the same outcome and no points deductions?
P.s Gerrard has it on agreement that he doesn't play in any european matches so come Jan, if nothing sorted we sell him for top price to CL team? this way we get full price for him and re-invest?
12 Oct 2010 15:41:39
Ed, doe Mill Finance now own 50% of LFC? (since they have Gilette shares)
{Editor's Note: We don't know how the deal was set up - it will not have been all of Gillett's shares in any case.}
12 Oct 2010 15:39:45
Lord Grabiner describes the owners as "slippery" because they wanted a one week adjournment to that meeting knowing full well that NESV's deadline for their offer to expired on 5 October.
brf
12 Oct 2010 15:31:02
Just seen that a third bidder is coming in?
12 Oct 2010 15:27:18
What the hell is going on then?
12 Oct 2010 15:19:49
Ed ii isn't sounding good from what I can gather I fear we are going to end up in the hands of the wrong owners? Its starting to feel like broughton and the other members have underestimated hicks case?
{Editor's Note: We simply have to ride it out for a while. I am not sure how much longer this will continue today.}
12 Oct 2010 15:19:36
Sorry ed its Aston-Villa i was tlaking about, got confused in the excitement.Lol
12 Oct 2010 15:16:55
Thats complete total utter B*llocks. How come now they have until the 1st of November. For christ sakes when is it gonna end. Ridiculous, these yonks can't just let go for crying out loud. ARRRRRRRgh
{Editor's Note: They clear accept and want out - the issue is that they want the best financial deal on offer - which may not be the best for the club. Or, how about this, maybe Mill would allow them to keep a percentage investment as non-Execs of the business. That would allow them to probably increase their return in the future.}
Fair enough I see your point ed, but why does the judge look at he long term advantage that NESV will bring to the club, the fans and the city if a new stadium is built or anfield redeveloped. Im sorry but that Peter Lim's fortune equals Randy Lerner's fortune so which I think will put us on the same level as West-Ham, if God forbid we are bought by him. We are not West-Ham We are LFC the greatest football club of this country and I think we deserve better.
{Editor's Note: Sadly they are not questions for the judge.}
12 Oct 2010 15:04:16
At this point i would happily take a 9 point deduction for the next 5 seasons to be rid of these ass-clowns. . . . .
12 Oct 2010 14:37:00
This is theturdz speaking
so it comes to this our great club dragged through the courts to determine our future, a once proud club who did its dirty washing in private then went out on the pitch and swept all before it, what shanks and paisley would think of it we will never know and all this caused by a greedy multimillionaire david moores i hope your pleased with yourself and if theres any justice in the world you won't enjoy one penny of the 88million you stole from the club you arragant thick b* tard
from theturdz who carries the sword of truth and justice for the man in the street and aint afraid to weild it
12 Oct 2010 14:18:51
WOT A s* t DAY
12 Oct 2010 14:17:27
In response to this - "
I couldn't have agreed more with Ed. . .
We cannot let any Man Utd fan represent us. . don't we hate Man Utd as much as we hate H&G. ."
Blimey, we'll have a Chelsea season ticket holder as a Chairman and staunch Evertonians playing for us next! Oh hang on a minute. .
Club loyalties (outside of fan bases) don't really exist anymore. To call Lim a Utd fan, is probably a bit of a stretch. If you lived in the Far East and wanted to open a chain of football themed bars, which club would you pick? Now, I would also prefer the NESV deal, but ONLY as they have a proven track record of success in sports team ownership.
JF
{Editor's Note: Far eastern countries in my experience tend to follow success - hence the very large supporter base for Manchester United, and less so for Liverpool and less so still for Chelsea.}
12 Oct 2010 14:14:40
Re -
This worries me from the Guardian website:
Back to court, H&G's representatives: "Claims there was no meeting of the Kop Holdings board to discuss NESV deal and this should have happened."
Surely all memebers of the board should have been present?
Rormac
{Editor's Note: A point that the judge will no doubt take on board.}
There was a phone meeting, and Hicks was involved but disconnected when he knew Broughton, Ayres and Purslow were voting to sell to NESV's. . This came out a few days ago Via Broughton himself!
{Editor's Note: That is not a board meeting and no one would claim it was.}
12 Oct 2010 14:13:40
Now read on bbc sport site that H&G know that sale of the club is inevitable!
Am i missing a trick here if that is the case then why the hell are we in court? or is it just these parasitic w*rkers havent destroyed our club enough and are hell bent on wrecking us as much as they can before they h*k off back to yonkyland
{Editor's Note: The sale of the club is inevitable - that is stating the obvious.}
12 Oct 2010 14:11:50
I knew there was more to it peter lim is offering £320m for club in cash and £40m for roy to spend on players in cash he is not mucking around with that much cash sell the club to him i am a die hard liverpool fan and want the best for our beloved club we need cash and players now to drag us out the s* te get in turan/ sanchez/ honda/ augero just 2 of them i know im dreaming but isn't that whats its all about from a little boy all the way to a grown boy at the end of the day we all want good to come of this but john henry has said nothing about transfer kitty. peter lim up your bid to £340 m and lets get rid of all yanks we been there done that lets try the singapore way as the eastern following is massive as it is the same for utd. i also love singapore chow mein lol
long live lfc
walk on walk on yanks
lfc mike
if peter lim takes over say goodbye to stanley park/ upgraded anfield. He doesn't have enough money.
singapore red
12 Oct 2010 14:05:54
Sky sporst say it will be sorted 2day check out the website rbs have proven that hicks was in breach of the contract
king henry
12 Oct 2010 14:04:15
Hi ed i do care but the current owners have sports dealings and were are we now all im saying is lets try anouther avenue lim is very succesful self made so is no mug also how much is nesv offering for transfer kitty that's kind of a big one also the new ground i think personaly anfeild has to much history and attached feelings eg kop what do you think
{Editor's Note: This whole transfer kitty situation is a red herring and Lim has proposed nothing a bout a new stadium at all.}
as i stated before would you really like a new stadium or anfeild made better because of the history there and emotinal attachment does anyone know what nsev are ready to do with the club eg transfer etc
lfc mike
{Editor's Note: That is too much detail to expect to be even known at this stage of proceedings.}
12 Oct 2010 13:54:28
Ed wat happened with the hearing? is it still going on? ?
{Editor's Note: They have gone to the pub for lunch - back soon.}
12 Oct 2010 13:53:05
{Editor's Note: It would appear that the Lim bid is going nowhere - it has been looked at by the Board and dismissed. Two slightly worrying factors: (a) Mill Financial coming out of nowhere as a bidder; (2) No Kop Holdings board meeting to OK acceptance of the NESV bid.}
ED, why Mill Financial coming out of nowhere as a bidder is a worrying factor? Ed, do you know how many the Mill Financial worth?
{Editor's Note: It is nothing to do with what they are worth but that they may provide a means for Hicks to pay off the debts and then sell on to them or another bidder.}
12 Oct 2010 13:49:41
Ed. u keep banging on about Peter Lim not being suitable because of his lack of sports ownership experience. i will say two words that blows your theory out of the water HICKS. .GILLETT. See what i'm getting at? ?. .previous experience whilst possibly preferable doesn't guarantee fit owners. Whoever takes control MUST understand what owning LIVERPOOL FOOTBALL CLUB means and hire the right people to oversee our world-famous and beloved club.
G SPOT
{Editor's Note: As I said we will have to agree to disagree on this. All this "whoever takes over must understand what running LFC means..." doesn't go anywhere when you are not selling to English fans. I image Moores would have a better understanding than any prospective owner. As such, we have to ensure that the bid providing for the best future for the club is the winning bid.}
12 Oct 2010 13:48:55
I can't for the sake of me get the mindsets of some fans on here, a person looking to buy Liverpool who has made money through Manure and you's are still wanting him, just becuse he is offering 40mill to spend on new players. I can't believe it, we should be targeting that man through email and tell him he is not welcome
12 Oct 2010 13:43:12
This Lim bid is seriously suspect (and not very likely to succeed) - mainly in the way it is now being presented. No experience of football ownership and, even from a business perspective, having announced the availability of 40m for January, how far do they think that amount of money would go when negotiating transfers? Now that any potential selling club knows the size of the 'pot', not very far I bet!
Ant
12 Oct 2010 13:38:14
{Editor's Note: ". .if the Court case goes in favour of Liverpool FC NESV will be the new owners" will only be correct if Hicks cannot pay off the debts by the time they become due.}
My understanding is the legal challenge between RBS and Hicks is about the legitimacy of the board and therefore their decision to accept NESV's bid. So surely if the board is proved to be ok from the legal standpoint, they can continue with the sale of the club to NESV - please put me right if you believe to be different?
The Lim bid reminds me of Kenny Haung - last minute desperation for publicity after realising it wasn't happening for them.
{Editor's Note: If Hicks & Gillett pay off the loans this week they will have sole ownership of the club, without any associated debt, and it cannot be sold.}
12 Oct 2010 13:38:08
Hi me again lim has alot of man utd franchises in asia now don't get me wrong but this is the man for the job asia are starting to love football and producing some very talented players also think of the shirt sales alone noone in america is intrested in soccer (its football you nuggets as you use your feet yours is pussy rugby with all that padding) also lim is worth 1.6bn i know whitch won i want to win lets go singapore
lfc mike
{Editor's Note: You don't care that he has no experience of running a football club then?}
hi ed i do care but the current owners have sports dealings and were are we now all im saying is lets try anouther avenue lim is very succesful self made so is no mug also how much is nesv offering for transfer kitty that's kind of a big one also the new ground i think personaly anfeild has to much history and attached feelings eg kop what do you think
{Editor's Note: This whole transfer kitty situation is a red herring and Lim has proposed nothing a bout a new stadium at all.}
12 Oct 2010 13:37:28
Is it possible to compare the Lim 'bid' to the highly public Huang and Yaya kirdi 'bids'. Telling the media what he would do with transfers, debt and stadia. To me, all publicity seekers and perhaps too closely linked to H&G.
{Editor's Note: I would not compare it to either proposals - if nothing else they were not submitted as bids.}
12 Oct 2010 13:34:42
If Hicks' trump card is the Mill bid then i honestly don't think he can win. In the current economic climate it shouldn't take too long for it to be explained why basing a club's stability on a hedge fund group would be less than ideal. As for Lim and his increased bid/ fortune, well Broughton came out and publicly said that the best deal for LFC was not necessarily the highest bid - if the owners had a problem with that stance they should have taken action then rather than wait until the 11th hour. That they didn't disagree could be seen as a from of tacit consent to such a remit. The very fact that Hicks' representative tried to stall for time is a good sign as surely if he was confident in his argument here and now he wouldn't resort to such tactics?
So right now it's Utd supporter vs hedge fund vs proven track record for expanding sports franchise whilst running them as sound businesses. Tough call for Broughton wasn't it?
12 Oct 2010 13:27:44
There is no point in talking about other bids as the nesv bid has been accepted. The only way it will not go through is IF h&g win the court case? Lim is worth 1.6bn nesv all together are worth 5 times this amount. So forget about him.Just saw on ssn reporter asking broughton did they accept the right bid, the reporter looked like an idiot. I mean whats he going to say no its the wrong bid.
Looks gloomy for h&g at the moment.
YNWA dcg
12 Oct 2010 13:27:38
Some of you fans are so stupid, all u notice from the lim bid is the 40mill for january.(NESV will give us funds anyway
U have to understand that tranfers are not everything.
NESV has around 17 backers/ investers and each has a wealth of around a billion pounds each, give or take.
Where as Mr Lim is just one man with only as little as a billion pounds to his name. I feel he won't be able to build a stadium or if he does he'll pile loads of debt on us again.
Harry5:)
12 Oct 2010 13:23:20
I don't beleive that Hicks & Gillett are not at the court hearing. This to me shows how little they care, the judge should just say right, those fat greedy yonks aren't here so they don't win. One of the most crutial days in our history and they are not even there. . SEND THEM HOME!
12 Oct 2010 13:12:36
ED, no matter what happens today i think broughton has some serious questions to answer.i mean to let a serious bidder know that his bid has failed via a text message, is quite frankly wrong and unprofessional! he could have had the nerve to tell him the bid failed over the phone!
{Editor's Note: I don't know anything about this.}
12 Oct 2010 13:12:22
So H & G are stating that other bids weren't given enough time to be considered. I'm guessing since the club was put up for sale in April, enough time has elapsed. Surely these other bids weren't put on the table at the start of October! Ed what's your thoughts on how it's looking?
{Editor's Note: It would appear that the Lim bid is going nowhere - it has been looked at by the Board and dismissed. Two slightly worrying factors: (a) Mill Financial coming out of nowhere as a bidder; (2) No Kop Holdings board meeting to OK acceptance of the NESV bid.}
12 Oct 2010 13:07:24
With regard to this
I don't get all this isn't hicks and gillet billionaires between them surely if they paid the debt the club would be worth more also are they aloud to sell to lim if he pays the debt for them and gives them the remainder of the balance if the debt is payed rbs have no involment at all lim also has stated he dosent care about the 9 point duduction but nesv has said if that occurs they will pull the plug surely lim cares more if hes still willing to buy. can hicks sell to lim tomorow
{Editor's Note: If H&G had the funds to pay the debts they would. It seems that they don't.}
There is a big difference between being a paper billionaire and someone who has billions sat in the bank.
They may be "worth" billions, but my guess is that all their assets are tied up in deals and property, and with the market in the toilet they can't sell anything to get at it.
Such a shame that!
12 Oct 2010 13:07:19
Ed the sale proceeds would be used to repay the debt!. It is emerging that Hicks gripe is that the hedge fund which has repossessed Gillette's shares has supposedly last thursday offered to repay the debt and contribute £100m towards a new stadium and he believes the board should have considered this offer. I have a few observations on this. 1. the timing is suspect. 2. if genuine the hedgefund seems willing to fork out 300m only so that it does not lose £375m (it can then at a later stage sell for above 300m and recoup its £75m outlay to Gillette). It is not in the club's long term interest to be owned by a hedge fund. The club needs continuity . More importantly, hedge funds are levaraged by their nature. leaveraged debt is what got the owners into trouble in the first place. This is exactly what none of us want. H & G are the scum of the earth. Reality Red
12 Oct 2010 13:06:04
Ed do you know whats happening in court? Who has the upper hand?
Cheers
{Editor's Note: The reports are below this message. You can read them and make up your own mind.}
12 Oct 2010 12:51:48
Mill Financial were meant to meet Broughton last Thursday to discuss a possible takeover but it was cancelled. Hicks and Gillett's representative wants to know why this meeting was cancelled.
Why! ! ! Jesus you dumb h*cks! ! ! ! !
It was cancelled because 2 days earlier a bid had been formally accepted by the board, a legally binding acceptance, so why would you still go to meeting to discuss the sale of a club you had already agreed to sell! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
God these people representing the parasites are brain dead! ! ! ! ! ! !
{Editor's Note: I think you are rather missing the point of their argument. They are saying that insufficient consideration was given to these other bids before an offer was accepted.}
12 Oct 2010 12:50:58
12.42pm: The secondary offer that H&G's representatives refer to is from Mill Financial. The offer includes repaying all debts and putting £100m towards the new stadium. Mill Financial took over some of Gillett's stake. Mill Financial were meant to meet Broughton last Thursday to discuss a possible takeover but it was cancelled. Hicks and Gillett's representative wants to know why this meeting was cancelled. Mill Financial remain interested in buying Liverpool.
12.40pm: H&G's represenatitives: "This is not about the owners trying to force Liverpool into administration or another form of insolvency. Claims RBS themselves could force sale through. This dispute then is about maintaining terms of the sale agreement: mainly that all alternative offers are properly considered by the board before an offer is accepted."
12.36pm: Our reporter, Sachin Nakrani, who is stepping outside of court to file updates: H&G's representatives say: "English directors have rushed forward a sale when alternative offers are in existence. Mentions Meriton. Says they were preferred bidders on morning of 5 October. But by the end of the day the board had instead chosen NESV. 'The Meriton offer remains on the table.'"
We will endeavour to find out more about Meriton. This may be another name for the Lim offer.
12 Oct 2010 12:50:16
No to Lim's ownership of the club (i don't think it'll happen anyway). I don't want a Manure fan owning our club and besides, has he got the cash to build a new stadium if he's only worth 1.6bil?. With a Stumchester Utd fan at the helm i think our club will go even further down hill. Yonks out & rich new owner who genuinely wants to build LFC back up, IN!.
The Roachmiester
12 Oct 2010 12:45:15
I don't get all this isn't hicks and gillet billionaires between them surely if they paid the debt the club would be worth more also are they aloud to sell to lim if he pays the debt for them and gives them the remainder of the balance if the debt is payed rbs have no involment at all lim also has stated he dosent care about the 9 point duduction but nesv has said if that occurs they will pull the plug surely lim cares more if hes still willing to buy. can hicks sell to lim tomorow
{Editor's Note: If H&G had the funds to pay the debts they would. It seems that they don't.}
12 Oct 2010 12:43:14
"Representative for Hicks and Gillett claims case against them paints 'misleading picture of the issues'. This case is not about, he says, the owners trying to maintain their ownership of the club. They accept reality that their ownership will shortly come to an end. It's also not about owners trying to put spanner in the works regarding a sale. The owners accept that some sort of sale will have to occur. They are not intent on stopping sale to NESV. The owners' issue is that the board did not properly enter into the NESV agreement in that the directors did not properly consider alternative offers and so it is they who are in breach of the terms of the sale agreement with RBS."
How the hell can they claim that it is the "board" in breach of the terms of RBS stating "the directors did not properly consider alternative offers" when Mr Lim has publicly stated in the last 24 hrs that he has been in talks with the LFC board for some time? ?? ?? ?
The QC for the parasites is obviously not done his homework at all. . . . . very very lame lol
12 Oct 2010 12:39:41
NESV won't place any cards other than the offer on the table as they were aware the court case would decide our fate.
"other" conditions of the sale would/ could affect the outcome, hence they are still just an accepted bid.
this bid is legally binding and once (if) the case favours RBS and allows the purchase, the conditions of the sale can and will be made public by NESV.
Lim bid to me seems genuine enough, but he has placed all his cards out, debt aquisition(cash), transfer funds(cash). he knows this is exactly what us fans wants to hear.
he has also been been quoted to state he will "get rid" of his manc theme bars if he was successfull in his purchase.Another thing he knows we want to hear! ask yourself, coincidence on the day of the court case a higher bid with all the boxes ticked for the fans hits the media? ?? yeah its business and last minute deals are the nature of the beast.
But id ask, why didn't we go with Lim in the first place?
NESV so far have acted both proudly and honestly towards both the media and the fans, surely muddy waters can be cleared by these guys who, lets face it have a track record with buying sports clubs and getting nothing less than 100% from them, and will and have commited financially to ensure they get to where they know the club can be.
PIDDY
12 Oct 2010 12:32:04
Anyone considering that Lim may be better because of the money no longer has a right to accuse David Moores of any wrong doing - take a good look at yourselves, and shame on you - LIVERPRES
12 Oct 2010 12:30:18
From Dan Roans Twitter
Girolami QC for H&G: RBS have presented "seriously misleading picture of true issues"
The only side lying throught this entire pantomime are those two two faced pieces of dog s*eep! ! ! ! !
And quite clearly there solicitors having it spilling from there mouths today! ! ! ! ! ! ! ! ! ! ! ! !
12 Oct 2010 12:25:20
How can we even consider being owned by a Manc. . No chance. . no matter how much money he is offering. . rather go into administartion and try our luck there.
East london Kopite
12 Oct 2010 12:25:20
The way Lim is conducting himself through the media should be enough reason NOT to want him in charge of Liverpool - he stinks of unprofessionalism to me - LIVERPRES
12 Oct 2010 12:23:38
Peter Lim's offer can only be accepted if H&G win the High Court battle, if not, NESV become new Liverpool owners.
I don't want Lim in . he is a rich man, that's about it. NESV are renown for their loyalty and leadership in bringing the Red Sox outta the darkness, LFC are no different in (financial) stature to Red Sox, Come on Henry, take us forward
12 Oct 2010 12:22:27
David Moores hope you feel really proud seeing our beloved club being dragged through the courts today, you should be totally ashamed this is all down to you, hope to never see your face in our ground ever again, you should be banned for life.
Magsman YNWA. . .
12 Oct 2010 12:21:44
Why were NESV preferred over Lim's bid evn though he has more hard cash- well that's the same reason HIcks and Gillette were preferred over DIC- well they didn't want Arabs iin charge and now they don't want the Chinese {ed's note - are you for real? There are a number of reasons that Lim was rejected, including him being a Manchester United fan, but none involved his nationality.}
- - - - - - - - - - - - - - - - - - - - - - -
Hopefully because NESV know what they're doing and a have a good reputation. Were i never even heard of Peter Lim until Sunday but i do know he has no experience in sports(owning manu'ure shops dosn't count) he's a stockbroker.
I'm still a bit suspicious of his timing as surely he knows that IF H&G lose then NESV will be our new owners.
Q. Why not wait and see after the court case and bid?
A. He probably know's he has no chance of acquiring LFC and wants a bit more PR.
Blair Mayne YNWA
{Editor's NOte: All of this is still dependent on Hicks and Gillett not making a payment of £x when the debts fall due. It will not be finally resolved today - regardless of the outcome of the court case.}
12 Oct 2010 12:16:29
Does anybody know were i can buy adult napies?
12 Oct 2010 12:15:48
Why were NESV preferred over Lim's bid evn though he has more hard cash- well that's the same reason HIcks and Gillette were preferred over DIC- well they didn't want Arabs iin charge and now they don't want the Chinese {ed's note - are you for real? There are a number of reasons that Lim was rejected, including him being a Manchester United fan, but none involved his nationality.}
same old same old heard this all before i do beleive this year in a certain mr broughton just because lim has utd frachises in asia doesent mean hes a supporter why would some one pay £320 in cash for a club then try and destroy it also liverpool is supported alot in asia could this be a jealous utd fan talking l
12 Oct 2010 12:07:55
Hi me again lim has alot of man utd franchises in asia now don't get me wrong but this is the man for the job asia are starting to love football and producing some very talented players also think of the shirt sales alone noone in america is intrested in soccer (its football you nuggets as you use your feet yours is pussy rugby with all that padding) also lim is worth 1.6bn i know whitch won i want to win lets go singapore
lfc mike
{Editor's Note: You don't care that he has no experience of running a football club then?}
12 Oct 2010 12:01:19
Go guardian web site NOW live updates from court 16 as it happens. .
12 Oct 2010 11:57:46
I knew there was more to it peter lim is offering £320m for club in cash and £40m for roy to spend on players in cash he is not mucking around with that much cash sell the club to him i am a die hard liverpool fan and want the best for our beloved club we need cash and players now to drag us out the s* te get in turan/ sanchez/ honda/ augero just 2 of them i know im dreaming but isn't that whats its all about from a little boy all the way to a grown boy at the end of the day we all want good to come of this but john henry has said nothing about transfer kitty. peter lim up your bid to £340 m and lets get rid of all yanks we been there done that lets try the singapore way as the eastern following is massive as it is the same for utd. i also love singapore chow mein lol
long live lfc
walk on walk on yanks
lfc mike
12 Oct 2010 11:56:10
11.48am: Meanwhile Peter Lim has lodged an increased offer for Liverpool FC. Sporting Intelligence website is carrying a statement from the Singapore businessman, saying that £360m has been offered - £320m in cash for the club and its liabilities plus £40m to buy players. The statement says:
The proposal represents a total investment of £360m. The offer values the Club at £320m. A further £40m will be made available to purchase new players.
Like the previous offer tabled by Mr Lim, the new offer is entirely in cash and will remove the entire acquisition debt of £200m taken on by the existing owners that has cast uncertainty over the Club's future.
The new offer also includes a cash investment of £120m. Of this:
£40m cash is to be allotted specifically to fund player purchases during the upcoming transfer window as the immediate priority is to ensure that the squad is strengthened for the remainder of the season.
The balance of £80m will pay off all the Club's bank debt, the fees and interest accruing on the bank debt, and provide additional working capital for the Club.
The offer trumps the £300m offered by New England Sports Ventures - which was accepted last week by Liverpool's chairman, Martin Broughton.
{Editor's Note: This is nothing different to what we knew yesterday - the press release has been deliberately been time to co-incide with the reporting of the case. Nothing new.}
12 Oct 2010 11:56:04
Why were NESV preferred over Lim's bid even though he has more hard cash- well that's the same reason HIcks and Gillette were preferred over DIC- well they didn't want Arabs iin charge and now they don't want the Chinese {ed's note - are you for real? There are a number of reasons that Lim was rejected, including him being a Manchester United fan, but none involved his nationality.}
Yes I'm sorry ED I am for real - my understanding is that Lim was the preferred bidder right until the last moment. What other explanation can there be for Broughton choosing NESV apart from fear of the people from the East. Lets stick with the people we know and speak our language evn though other bids are better.
I just hope that 3 years down the line we are not sitting here with a sense of deja vu.
{Editor's Note: The reasons for accepting the NESV bid have been made perfectly clear. They have relevent experience in successfully running sports based business - Lim has none whatsoever.}
12 Oct 2010 11:51:49
A wellend! Thanks ed love it! Duckula
12 Oct 2010 11:40:24
Are there any rumours of negotiations taking place whereby some form of out of court settlement is reached? Sometimes the various representatives will talk in side rooms whilst the Court case is on going.
{Editor's Note: There is nothing to settle out of court here.}
12 Oct 2010 11:36:05
The crux of H&G case is that if Man U were sold tomorrow they would get in excess of £1.1billion even with there debt. He argues Liverpool's debt is less in comparison to that of United's and at £300M this seriously under values Liverpool. The playing assets alone stand at over £150M. H&G have a point.
{Editor's Note: The playing assets are intangible.}
12 Oct 2010 11:33:41
Case begins in packed Court 16- Philip Snowdon QC for RBS -H&G in "breach of contract" guilty of "breath-taking arrogance"
12 Oct 2010 11:13:04
Built by Shanks, torn by yanks, saved by CHELS and owned by base ball.
12 Oct 2010 10:53:00
Us liverpoool fans are hoping for to much today.
this court cout case is for the case ov the board, rbs are taking hicks/ gillett to court to rubber stamp who is to sit on the board. its not about the sale. its just all about who is to sit on the board to allow the sale to go ahead without the courts being involved. if rbs lose, that's when the courts become involved. i.e as rbs sell debt to yanks(nesv) hicks to fight it byway of the courts. . . but today is all about does hicks have the right to sack the board, and go against his signed agreement signed for the refiance deal.
- - - - - - - - - - - - - - - - - - - - - - - -
Yes BUT it has been said today that LFC have also put in an application as well to poceed with the sale.
Blair Mayne YNWA
{Editor's Note: And that second Application will allow the sale to proceed - I assume as of Monday next week - if Hicks & Gillett cannot pay off the loans as due this week.}
12 Oct 2010 10:49:55
So in theory this cud be potntially quite harmfull then as this could back up hick's argument?
{Editor's Note: I don't know what you are replying to here.}
12 Oct 2010 10:09:46
Us liverpoool fans are hoping for to much today.
this court cout case is for the case ov the board, rbs are taking hicks/ gillett to court to rubber stamp who is to sit on the board. its not about the sale. its just all about who is to sit on the board to allow the sale to go ahead without the courts being involved. if rbs lose, that's when the courts become involved. i.e as rbs sell debt to yanks(nesv) hicks to fight it byway of the courts. . . but today is all about does hicks have the right to sack the board, and go against his signed agreement signed for the refiance deal.
12 Oct 2010 09:56:09
Henry Heap, its not me who had distrust for your saviour but you, true blues are all men of honour and dignity, so are we going to get our customery, own goal or dodgy back pass from Stevie G this season, or is some one else taking that responsabillity, Joe Cole would be nice.Henry Heap.
12 Oct 2010 09:55:36
Just checking something. .
RBS clearly want the deal to go through
If RBS forclose anyway and then process the sale straight afterwards. Will this negate the risk of a points deduction ( as it will effectivley be a moot point )?
{Editor's Note: My understanding is that the points reduction would only likely be made if the club enters Administration - which requires approval of the courts. It will not be in the best interests of any of the parties for this to happen and it seems highly improbable that it will - at least in my opinion. However, it is not simply a case of RBS taking control of the club and selling it on - there are others who have provided loans as well (e.g. Wachovia which is now part of Wells Fargo). The critical matters are for (a) RBS to be granted a continuation opf their injunction or a new injunction today; (b) Hicks and/or Hicks & Gillett not to be in a position to pay off the loans when they fall due. This should then allow the sale to NESV to proceed.}
12 Oct 2010 09:46:55
Hi Ed, No my keyboard has'nt broke i was just in a rush, i have abit more time now so i hope you agree with my previous post even though the spelling and grammer was terrible. I hope the court case/ new owners issue is sorted for sunday as we need a really good result and maybe more important to us fans a performance that we can be proud of. hopefully lucas will play as he had a good game against ukraine and i do perfer him to poulson. as usual we will just have to wait and see. Ill try not to rush next time so you don't assume my laptod is dodgy! ! broughton for priminister! ! !
12 Oct 2010 09:28:29
So it looks almost over, Liverpool may just be saved, new owners, debt free and money to invest in players, all this given to you by a CHELSKI fan, always relay on CHELSKI to win a fight, but all us CHELSKI fans still hope you get relegated.Henry Heap Chelsea true blues
Its just a shame all Chealsea fans cannot be like him, educated, mature and dignified, Chealsea must be really proud of fans like you, bitter and childish with a big mouth.
WE WON IT FIVE TIMES
12 Oct 2010 09:00:30
"also the geek islands"
That'd be about right for Spurs then. Trust me mate as somebody who has lived there, you might have a small following out in Australasia but you're completely dwarved by Liverpool in that region. Always will be. Only the vermin can compare there. Plus if the NESV deal goes through that's a huge foothold in the as yet untapped American market. We might just be better placed to exploit it than 8 branches of the Deliverance Spuds fan clubs
12 Oct 2010 08:56:05
So it looks almost over, Liverpool may just be saved, new owners, debt free and money to invest in players, all this given to you by a CHELSKI fan, always relay on CHELSKI to win a fight, but all us CHELSKI fans still hope you get relegated.Henry Heap Chelsea true blues
12 Oct 2010 08:17:49
I see that RBS have got an injunction preventing H&G from removing board members.So where does this leave us now?Surely if the board is legal and the board agreed a contract with NESV then the deal is done.Todays court case can be no more than a rubber stamp job
CR
12 Oct 2010 08:16:54
We just need to hope that the judge finds in favour of Broughton & RBS, as that would mean that the agreement with NESV is legally binding, therefore it would be too late to re-open bidding
Lim's original offer was "gazumped" by NESV which is why they (NESV) won, and now the bidding process is over any further bids (better or not) are inelegible.
NESV worth £20 billionish plus their investors are very wealthy, Lim work £1 billion (who's better placed to back LFC?! )
As many have said, Broughton and Purslow would not have been so open had they not been so sure of their legal position. as for Hicks, well he's just acting like he's been proven to be, irrational, stubborn and stupid. Sure he might have a trick up his sleeve, I just think the Banks and Broughton will have everything sewn up against him!
"Keep The Faith"
El Diablo!
12 Oct 2010 08:12:35
Just wondering ed having read in the telegraph that if this new bidder peter lim was to buy hicks debt direct an pay rbs off he could gain control of the club this way. can you shed some light as i thought it was too late for hicks to re finance yet or does this come under something entirely different as i am concerned that a manc fan could end up owning our club
{Editor's Note: The loan is due to be repaid on Friday as I understand it. If Lim loaned the money to pay off the debt he could in theory take control of the club after agreeing a further payment to H&G. This would cut everyone else out of the deal. At this time, there is nothing to say that this is going to happen.}
12 Oct 2010 07:40:00
According to Liverpool Echo survey 9 out of 10 (90 percent) fans want NESV to be Owners.
Ed what's ur thought on Peter Lim the singapore billionaire? He owns man utd bars.
{Editor's Note: NEV have a successful pedigree in running sports based businesses - Lim does not.}
12 Oct 2010 06:25:05
HI ALL, EVERY ONE NEEDS TO CALM DOWN, THE MISSION IS NEARLY OVER. BRIGADEAR BROUGHTON WILL STAND AT THE TOP OF THE HILL SOON AND BLOW THE HORN OF TRIUMPH WHILST COMMANDER ROY WILL BRUSH THE TOFFEES ASIDE ON SUNDAY. CHILLAX AND ENJOY THE LAST DAYS OF THE TWO NUMPTYS! ! BRING ON THE NEW ERA. THE PROBLEM IS THE OWNERS AS EVERY ONE KEEPS POINTING OUT. WE WILL SOON HAVE NEW OWNERS AND EVERTHING WILL BE ALOT ROSIER. . . . IS THIS SENSE ED OR WHAT? ?
{Editor's Note: I assume that your keyboard is broken.}
12 Oct 2010 05:17:08
i prefer john henry simply because he knows how to run a sports franchise, unlike peter lim
singapore red
12 Oct 2010 05:03:15
Oh dear oh dear even if he (vdv) wanted to join arsenal (last year) and bayern one thing he didn't do was join lfc and one thing he did do was to join spurs no matter how or why and as for fan base abroad that was done last week but for you one last time, thfc have fan clubs in 8 u.s coty's inc 3 in nyc, they have clubs in south america, australia, south africa, asia, norway, sweden and denmark, eastern and central europe also the geek islands and in cyprus, spain and oh canada now imagine that my little scouse buddy
Ah bless em fellow scousers, Nothing won in a generation; First (and probably ONLY) time in the champions league; Flash Harry out on day release from Strangeways; Biggest shout they have at the moment is VDV chose them, my heart bleeds. Now what Liverpool need to do is find out where these mythical coty's (sic) are, so we can make sure all illiterate THFC fans live there. Let them go back to the Marshes and wonder how after being 10 years older than the mighty Liverpool FC, They have only Won, 2 leagues, and 0 yes zero, european cups. But lest we forget this is a club that counts the 80's as the glory years for winning back to back FA cups. I love it when small little clubs decide to take the piss out of us right now. Ha ha don't forget to come back and comment at the end of the season when as usual your cupboard is bare.
12 Oct 2010 04:16:31
To the Spurs joker - the Australian Spurs fan base is made up of English ex-pats who were already fans before coming here. Most Aussies are supporters of two teams in particular - Liverpool and Man U (and it hurts me to say the scum have a bigger fan base down here - at the moment) - LIVERPRES
12 Oct 2010 02:43:04
I had my suspicions when Broughton was appointed by H&G and not by the banks like i thought he was. The Chelsea thing had nothing to do with it but i didn't think he would take the fans opinions on board at all.
I seriously believe he is acting on what is good for the club not himself, Barcleys, RBS (maybe) but hopefully more for the good of the club.
Like i said i had my doubts about Broughton at the start now i couldn't wish for a better man to stand and fight our corner.
He already has stood up to H&G twice and now he goe's to court to fight for or future when a weaker man would've crummbled.
No matter what happens Mr Broughton we thank and applaud you.
Blair Mayne YNWA
Blair, im starting to feel exactly like you now after reading on the front page of the Singapore Newspaper on how Broughton had promised peter Lim about the sales of lfc to him but later, sold us to NESV instead.
Apparently, Lim was the 1st to offer to lfc and everything was agreed upon. the board and lim had even discuss on how the announcement shld be made.
Eventhough, the 2 bids is similar, what made Lim offer more attractive is the fact that all debt and future investment on Lfc and the squad will be made from his own cash resources. NO MORe BORROWING. NO More debt.
im feeling more skeptical about Bourghton now. Chelsea fan or not, i believe his interest is to sell LFC to a party that will only be acceptable by all, not to one who will actually have the ability to make LFc HUGH, bigger than CHELSEA.
12 Oct 2010 02:35:27
This new Lim story surfacing stinks to high heaven! !
He comes out and says he was told he was the preffered bidder, and was in pole position ect ect ect blah blah blah
Liverpool Fc went official and public early last week that they was gonna go with NESV, if this guy is so suprised his offer was knocked back then why wait till now to pipe up and start chirping? when he had the rest of the week and the weekend to say something.
Dont you think he would have said something days ago after Liverpool and Mr B's statement! !? ?
Funny how its hours before the case is heard in court, this is a pathetic and quite frankly sad and embarrassing cheap shot buy the parasites to stir the s* t one last time as they walk to the guillotine!
I hope Hicks gets handed the s* t from his office and rubber plant in a cardboard box just like in the movies and kicked out the front door and pointed to the nearest bus stop outside Anfield! ! ! ! !
BULLs* t. . He didn't speak, it a source close to him who speak up. . This guy has no relation with hick. he can pay all of our debt with his own cash resources. He is the ROMAN of asia. a sugar daddy that Bourghton claim to be finding one. Unfortunately, Bourghton turn the table after accepting and promising him that FC will be sold to him.
12 Oct 2010 02:14:37
Bit concered about this new bid that's come about from the Singapore billionaire bit worried that may be set up by hicks? seems bit strange a bigger bid about to be made to outbid the red sox. I think they may try in court to say to settle things theyd like the board to take this new bid into consideration the red sox get pissed off and new bidder pulls out as it's just a smoke screen for hicks and we are back to square 1.
PLEASE AMIGO, Stop WORRYING>>> This is not a smoke screen. Peter Lim is worth 2 billion. I'm from Singapore. It on the front page of the papers today.
Apparently, it seem that the board actually agree to sell LFC to Lim and only change their mind on the eleventh hr. Lim was so confident of winning that he made plans with the board on how the announcement shld be made. And Lim only got to know about the lost, only hours before Bourghton annouced about selling LFC to NESV.
Lim was also told by Broughton that his offer is more attractive as he will fund the takeover with cash from his own resources and not by borrowing. And with the size of his cash resources, he is a more attarctive owner than NESV. That's was what Lim was told by Bourghton. Broughton also added that the Liverpool Board was concern that NESV would have to borrow to finance the takeover.
What Lim has offer to the board is as attarctive as what NESV has offer. Lim is very disappointed with the fact that he learned about his lost after the board have agreed to sell the club to him. And he had also promise the board that he will provide tens of millions to Hodgson for the January Transfer window.
A source close to Lim said "He (lim) was the preferred bidder in the closing stages of the auction. He never had the chance to negotiate directly with RBS. He was expecting to do so, after agreeing the takeover with the board".
So to speak, Lim will be watching the outcome of the court case and if needed, will come in with a bigger bid than what was offer.
so Lfc fans, stop worrying about Peter lim being a set-up by hicks. Although i am not too concerned as the 2 bidders (Lim and NESV) have their own strong point. What disappoint me is the fact that the board agreeing with him and ditch him at the last minute. It not that NESV made a better offer than Lim. NESV merely level the same bid, if not lesser. .
Hopefully, Broughton do made the best decision for LFc.
LFC SINGAPORE
12 Oct 2010 01:49:06
Liverpool Jan signings:
winger- Juan Mata, Ashley Young, and a cheeky bid for Adam Johnson
striker- Darren Bent, Mario Gomes, or Luis Suarez
back- zigler* and cahill
top 4 still in sights
Never give up
never surrender
you'll never walk alone
12 Oct 2010 00:38:38
Mr Justice Floyd
Thats the name of the judge tommorow.
Just imagine if hes a liverpool supporter. Lol
Now that really would be funny!
If carlsberg did court Judges. . .
On another note that mr lin only has a billion pounds of wealth. People were saying a month ago that's the amount that we need but hes not gunna spend all his money on us.
Rhe nesv are xlearly the right guys for us in this moment in time. As long as they sign aguero!:)
Harry5:)
12 Oct 2010 00:16:42
I had my suspicions when Broughton was appointed by H&G and not by the banks like i thought he was. The Chelsea thing had nothing to do with it but i didn't think he would take the fans opinions on board at all.
I seriously believe he is acting on what is good for the club not himself, Barcleys, RBS (maybe) but hopefully more for the good of the club.
Like i said i had my doubts about Broughton at the start now i couldn't wish for a better man to stand and fight our corner.
He already has stood up to H&G twice and now he goe's to court to fight for or future when a weaker man would've crummbled.
No matter what happens Mr Broughton we thank and applaud you.
Blair Mayne YNWA
12 Oct 2010 00:16:28
Bit concered about this new bid that's come about from the Singapore billionaire bit worried that may be set up by hicks? seems bit strange a bigger bid about to be made to outbid the red sox. I think they may try in court to say to settle things theyd like the board to take this new bid into consideration the red sox get pissed off and new bidder pulls out as it's just a smoke screen for hicks and we are back to square 1.
12 Oct 2010 00:00:31
Oh dear oh dear even if he (vdv) wanted to join arsenal (last year) and bayern one thing he didn't do was join lfc and one thing he did do was to join spurs no matter how or why and as for fan base abroad that was done last week but for you one last time, thfc have fan clubs in 8 u.s coty's inc 3 in nyc, they have clubs in south america, australia, south africa, asia, norway, sweden and denmark, eastern and central europe also the geek islands and in cyprus, spain and oh canada now imagine that my little scouse buddy,
did you ever hear such cowshyte tot dis tot that, bet you feel like a complete geebag for posting that dung , come back when tot have FIVE european cups. you really did make ma laugh tho:))
king henry