Liverpool Rumours Archive October 11 2010

 

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11 Oct 2010 23:40:05
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! ! ! ! !

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11 Oct 2010 23:30:38
Peter lim is a mouthpeice for h&G. only way they win is to cause hassle for nesv get biding war started again. so they get more cash. don't want a man u fan to have anything to do with LFC. ynwa

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11 Oct 2010 23:28:16
Just checked out online about the possible new interested party in the race to own the greatest cub in the world our beloved Liverpool and it just happens that this guy is worth about 1.6 billion that's the good news the bad news is he also runs a line of scumbag united themed bars. Do we really want someone who obviously doesn't understand the feelings that the Mighty reds and the scummers don't mix. Believe for Nesv Disagree for Peter lim


He's worth 1.6 billion dollars about 1 billion pounds, the combined wealth of NESV is much more then that, John Henry's might be about 800m but there are 17 wealthy investors in the group. I believe he has 1 bar all the rest went tits up.

NESV have a contract in place, if we win the case they are our new owners simple as. The Lim story reeks of Hicks PR

Dodge

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11 Oct 2010 23:26:12
My dad knows jay spearing's dad and jay says lucas is a world beater in training. Maybe rafa can see that and that's why he is after him
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so was smicer. he was useless on a matchday too.
brf

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11 Oct 2010 23:24:18
Uhm to the guy bragging about tottenham's fan base in south africa. For every tott fan over here there's at least 50-500 lfc fans. The only reason you have fans here is cause tott were the 1st english team to visit south africa many moons ago.
Red bl00ded!

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11 Oct 2010 22:52:17
Just checked out online about the possible new interested party in the race to own the greatest cub in the world our beloved Liverpool and it just happens that this guy is worth about 1.6 billion that's the good news the bad news is he also runs a line of scumbag united themed bars. Do we really want someone who obviously doesn't understand the feelings that the Mighty reds and the scummers don't mix. Believe for Nesv Disagree for Peter lim

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11 Oct 2010 21:50:43
Hi just a thought which bid do u think is best even u ED yank bid belivable asian unbelivable

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11 Oct 2010 21:35:33
Rafa is after lucas again

my dad knows jay spearing's dad and jay says lucas is a world beater in training. Maybe rafa can see that and that's why he is after him

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11 Oct 2010 21:26:35
I think Martin broughton made the right choice with NSV. There is a slight problem with it being a consortium which could limit the money Henry wants to spend but two things about Lim's bid

1. He is looking to make money and has no interest or passion for Football. He is making money from Manure theme bars in Asia. Do u imagine him ever supporting LFC for the love of it? For him it is just market.

2. Like the Texan cowboys he is promising money which can just be a farce. Like Kenneth Huang, he is now trying to play with the fans emotions by showing us the green money. It was clear no publicity in the bid and he is violating those after losing the bid. Huang was better as he tried publicity when he was in the game and not after losing. Lim is crying like a w* ker now and I do not want a w* ker owning my love of life. as simple as that.

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11 Oct 2010 21:23:37
Tomorrow is RBS Vs H&G , RBS want to make sure the conditions they put in place when they extended the loan are legally binding. these are the conditions that Mr B talked about , him being the only one with powers to change the board . . and what RBS effectively doing , is making it public that the liverpool board was not changed and could n't have been changed .
RBS will not go to court unless they have it 100% in black and white , I can't see tomorrows case lasting long and possibly an appeal may be rejected if its as clear cut as signed documents with the conditions attached.
If the court rules that is the case, the planned sale to NESV can go ahead as the board have already approved it.

About the Singapore bid, I am not sure why it came out today, possibly the media forced the issue, from what I heard, Liverpool was not the only PL club Lim was looking into and possibly that's why Broughton favoured NESV.

Roy

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11 Oct 2010 21:20:22
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

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11 Oct 2010 21:14:50
11 Oct 2010 20:43:58
Broughton will not recommend Lims bid he and his Barcap mates are accepting the yanks because they all mix in the same circles, this will put the mighty reds in Debt down the line. The have to borrow and eventually put the debt on LFC. No new stadium with the yanks because they don't believe in spending £400m plus they will raise ticket prices just watch. Lim can put £ cash in and increase our profile further in the east but will not be accepted. DO NOT ACCEPT the yanks bcus we will get SPANKED again.
KopKing

I understand your fear kopking but a great deal of work will have been put to make sure Liverpool fc will never be in this postition again, at the minute we are rock bottom and business nightmare. NESV may not splash the cash like drunken sailers but will be a steady ship for years to come. Also they have not dismissed a new ground just that they understand the hold ANfield has on the fans, by no means is a kop out to redevelop Anfield.I to can see a fear in the future of our club with USA owners but these have a good track record, and if they do want to sell us on so be it , but one things for sure we will in a far better place than we are now.

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11 Oct 2010 21:14:26
11 Oct 2010 19:55:40
Corriere Dello Sport seem to think Benitez might be in for Lucas in Jan.


lucas is not a bad player i do hope he goes as he has not worked for us but in italy think he could become a real star

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11 Oct 2010 21:06:34
Forget the rumours for players id just like the quality we have playing for the shirt we have a squad 90% of the prem would be glad of just need them to perform

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11 Oct 2010 21:05:51
Do you think more bidders will now come? Reali wish DIC would come bak in with a fresh bid.

DIC are flat broke pal, why would you want that?

Dodge

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11 Oct 2010 21:01:44
Hey ed does it really matter which of the two takes us over? I mean when the club released the statement they said that both of the offers were very good. So do you think there is a reason they chose nesv, to me it would have to be a really good reason knowing how most of the fans already feel about american owners, i mean look i am american and i don't really want american owners unless they realy know what they are doing. {ed's note - from what I can gather there are 2 reasons to choose the American bid. The first being that Lim is a United fan, which was not expected to go down well with the fans. Secondly the Americans have proven experience in running sports teams.}

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11 Oct 2010 20:55:52
Honda can play in a number of positions which wenger likes in his players, also due to injury's and off field problems wenger will be looking to let rosicky go

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11 Oct 2010 20:55:27
Im not sure roy could buy another lb after he brought in aurelio and konchesky, plus mavinga waiting in line, even if they are not good enough (i would love to see tawio but not sure it will happen). not even going to talk about the court case cause tbh i don't really know whats going on (and im sure most dont). i know Jakob Friis-Hansen was quoted as saying 4 new first team player in by jan. i would be happy with 1 striker and 1 winger. would prefer davies to gomez, top of the list would be bent but that's just dreamland. and as for a winger turan/ mata, don't know if mata would come however valencia do need the cash (so no babel e/ x)
p.s im assuming roy doesn't get sacked.
ed would he buy a lb and thoughts on strikers i know davies is old but still got plenty of goals in him

always a red {ed's note - I can't see him buying another left back this January, it really depends on how much he has to spend. Konchesky isn't his idea of the final answer by any means.}

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11 Oct 2010 20:51:49
Do you think more bidders will now come? Reali wish DIC would come bak in with a fresh bid.

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11 Oct 2010 20:50:22
Broughton is no mug after keeping quite for so long im sure he will have thought hicks and gillett would challenge any sale so only if 100% confident will he have moved ahead with announcement of sale .
R.B.S have today said hicks and gillet are in breach of contract buy saying they have changed board so that rules out extension of deadline unless its at broughtons request to finalise deal as i will be amazed if R.B.S. put us into administration knowing there money is comeing .
i fully expect the courts to give a verdict in liverpools favour hicks will appeal and that will be heard by begining of next week and pushed out
keep the faith guys

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11 Oct 2010 20:46:36
To the person who said honda will be goin to arsenal. were wud he get in? with fabragas nd wilshire in the team he will be a bench warmer! And he wouldn't take wilshires spot as he is yound talent playing for the england team.

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11 Oct 2010 20:44:38
Peter Lim has been set up by Tom Hicks to say that he will bid for the club at a higher price than NESV so that Hicks can say that the club is worth more than 300m.

Lol! Where do people get these stories from ffs! Peter lim is the "the runner up from the far east" and broughton said in his interview that "both were credible bids" do you know that to be deemed a credible bid lim would have had to prove he had the backing to take over the club. Also purslow and broughton would have done a thorough check up on him before they made their decision. If he did have the finances to take over Liverpool he must have 300mill plus in wealth atleast and by the reports today he is a billionaire. My question is why would such a big player in business be playing bluff for America's worst businessman ?

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11 Oct 2010 20:44:07
Do nesv have to borrow to buy liverpool?

Dan

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11 Oct 2010 20:43:58
Broughton will not recommend Lims bid he and his Barcap mates are accepting the yanks because they all mix in the same circles, this will put the mighty reds in Debt down the line. The have to borrow and eventually put the debt on LFC. No new stadium with the yanks because they don't believe in spending £400m plus they will raise ticket prices just watch. Lim can put £ cash in and increase our profile further in the east but will not be accepted. DO NOT ACCEPT the yanks bcus we will get SPANKED again.
KopKing

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11 Oct 2010 20:40:49
All that has happened today is that Broughton has obtained an Injunction overruling H&G's sacking of Ayres and Purslow. He has - if you will, established that at this moment in time they did not have the right to do that. It's a step in the right direction but only a small one.

Tomorrow in Court I would not be surprised if the Judge Directs an adjournment and the case is listed for a fuller more technical hearing either late this week or early next. I would also not be surprised if H&G lost then immediately lodged an Appeal (as is their right). That will mean there will be a 'stay' on RBS calling in the loan until such time as all legal challenges are finished in full.

H&G I feel don't have a leg to stand on and are just fighting a very obvious rearguard action to delay the inevitable whilst they attempt to either re-finance or sell the club to a higher bidder. The appearance of Peter Lim on the scene will complicate matters. His presence on the scene along with a very public offer funded from his own pocket as opposed to NESV's funding from corportate loans lends credence to H&G's claims that the is being sold to cheaply and they are probably hoping more bidders will surface over the next few days although I very much doubt it.

One way or another it's nearly over. Stand firm.

RED LENIN

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11 Oct 2010 20:32:22
"11 Oct 2010 16:54:22
Honda looks like he's on his way to arsenal! another player to turn you down!"

1) Your source?
2) You seem to have trouble grasping the theory that a club cannot be turned down unless they actually bid for a player. Liverpool didn't do so for VDV and to my knowledge we haven't for Honda either. I may as well say Titus Bramble turned you down because you haven't signed him, it really is meaningless

no, what is true is that arsenal are very interested and will make an offer for honda come jan! now the problem we have here is a liverpool rumour and banter page where 80% of the rumours do come out with a hell of an amount of crap! and some even put honda in their so called lists of "liverpool's jan/ summer signings" and my little scouse buddy if its meaningless why bother getting upset about it and replying? and as for vdv you are way way off on that one as well! chin chin

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11 Oct 2010 20:25:58
Is their any chance lim and nesv could go 1/ 2s for liverpool?

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11 Oct 2010 20:16:25
Re. . . . . . . . If H&G win the court case RBS can sell out the debt under them to NESV or someone else - unless Hicks can find the refinance money which I seriously doubt. I reckon that is the plan B that Broughton mentioned. . . . . . . . . . . . . . . . . .
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I reckon the H&G burnt their bridges with the bank long ago and the timing of the NESV bid a week before the debt is due shows that Broughton, the bank and NESV have this all played out already.
(i) If H&G loose the court case, happy days.
(ii) If H&G win NESV buy out the bank debt and call in the loan, a bit more awkward but same result or
(iii) The bank appoints a reciever and the club is sold by the bank to NESV.

The only way out for H&G is another buyer with cash on the table by the end of the week

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11 Oct 2010 19:55:40
Corriere Dello Sport seem to think Benitez might be in for Lucas in Jan.

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11 Oct 2010 19:31:14
Peter Lim has been set up by Tom Hicks to say that he will bid for the club at a higher price than NESV so that Hicks can say that the club is worth more than 300m

- - - - -

If they both put in similar bids in the first place and were both serious then that would suggest to me that £300m is what the club is worth.

Everyone knows that £300m is a realistic figure. Broughton was simply accepting a reasonable offer so I don't think Hicks is going to get anywhere if he is trying to up the value. .

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11 Oct 2010 19:07:08
Re: ed's note - I spent most of the afternoon phoning round every number I could find for RBS to try and get more info on tomorrow's case. None of them would say anything or make a statement, though one did say off the record that there was a reason NESV are not involved in the court case. He wouldn't say anymore than that, if only I could remember which of the about 300 people I spoke to about it that said it, I would be back on the phone to him now trying to get more info!}

Sorry Ed, but 300 people in 24 hours solid is 4.5 minutes each. Surely you exagerate! I've told you a million times not to!

Seriously though, Always thought this would happen. New bidders coming in at last minute. It is not over yet. There is no logic in RBS letting us go to administration as they will probably not get their debt paid from H&G when they go completelty broke. If they did, the value of the club would fall (probably half) and no one would bail out H&G. SO best result is for the Board and RBS to work together which they have been doing during the process. If H&G win the court case RBS can sell out the debt under them to NESV or someone else - unless Hicks can find the refinance money which I seriously doubt. I reckon that is the plan B that Broughton mentioned. Then H&G would have "no where to run to baby, no where to hide".

Iggypop

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11 Oct 2010 18:56:30
Liverpool to beat Everton 1-0 on Sunday with a late long range deflected shot (off Fallanis perm) from Jamie Carragher (88th minute).

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11 Oct 2010 18:53:17
COPIED FROM GENERAL FOOTBALL RUMOURS PAGE.
11 Oct 2010 17:23:37
Peter Lim has been set up by Tom Hicks to say that he will bid for the club at a higher price than NESV so that Hicks can say that the club is worth more than 300m.

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11 Oct 2010 18:18:04
Liverpool to bid for athletic bilbao star fernando llorente in january , should the proposed takeover be completed. Could be an interesting one given that he is a proven partner for torres at international level.

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11 Oct 2010 17:49:41
I tell you something, I can't wait to see the movie of all this. It will win more oscars than Ben Hur.

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11 Oct 2010 17:31:43
Let's just hope that Lim's bid is not significantly higher or it may undermine Broughton's position. I for one do not want to be owned by a man responsible for setting up Utd bars.

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11 Oct 2010 17:30:13
Re: Peter Lim Eng Hock
Apologies Ed if the article is a bit long was the best i could find on him. I'm sure enough people want info and realise your busy getting that Law Degree :-) keep up the great work

KUALA LUMPUR: Peter Lim Eng Hock, aged 57, popularly known as the former king of remisiers, made his fortune as a successful stockbroker in Singapore in the 1980s.

His fortunes received a big boost in the last decade from his 5% stake in palm oil giant Wilmar International, the world's largest palm-oil firm that was founded by his former client Kuok Khoon Hong.

The son of a fishmonger and a housewife, he studied in Perth, Australia, where he honed his investing skills. After graduation, he ventured into accountancy and later stockbroking, where he would carve a name for himself.

The self-made billionaire, who was in the stockbroking business for many years, is not afraid of market crashes. "Just make sure you are not jammed with cash flow" is Lim's advice as he had reportedly some years back.

Lim's clout in the market is undeniable as a link to his name would create a buzz for any stock. He is now a full-time investor and is reaping the fruits of his investments. He was ranked Singapore's eighth richest man by Forbes Asia with a net worth of US$1.6 billion in 2010.

He has investments in diversified businesses including substantial stakes in fashion retailer FJ Benjamin, investment firm Rowskey and Healthway Medical, a chain of clinics, as well as a stake in brewery and restaurant Brewerkz.
Lim

Lim

Apart from investments in big ventures, Lim also recently made his maiden investment in the film-making industry. Last month, he had reportedly made a substantial injection of capital into a new privately-held film production and distribution company Homerun Asia Pte Ltd, allowing it to accelerate its production slate.

Lim bought shares in Homerun via his private vehicle Kestrel Capital Partners Pte Ltd. However, the value of his stake has not been disclosed. In addition to the equity stake in Homerun, it has been reported that Lim is also expected to provide cash flow and project financing for some of Homerun's movies.

Lim is also known for his philanthropy. Having made a fortune, Lim reportedly said a large portion of his wealth would go back to society in Singapore, mostly through his pet cause - education.

According to Forbes, Lim recently pledged US$7 million to the Singapore Olympic Foundation to provide scholarships to budding athletes.

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11 Oct 2010 17:25:40
11 Oct 2010 17:17:05
New last minute bid from Singapore Billionaire Peter Lim. Just announced on BBc website.
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Always thought this would happen. I would not be surprised if other interested parties make new bids. It 'muddys the waters', but may move Lim to pole position if he gives more profit to H&G and if NESV decide to walk away if this Court case doesn't go well.

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11 Oct 2010 17:25:01
The bidding contest for Liverpool FC may not be over, the BBC can reveal.

The runner-up in the contest, Peter Lim, a Singapore billionaire, is to approach Liverpool's board with a view to making a higher offer for the club.

According to sources close to Mr Lim, he was the club's preferred bidder in the closing stages of the auction.

He had talks with Liverpool's chairman about how to announce his takeover, such was the apparent confidence that he would win the contest.
'No loans'

Mr Lim learned he was not the victor only a few hours before the club's chairman, Martin Broughton, announced on 6 October that Liverpool would be sold to John Henry's New England Sport Ventures for £300m.
Continue reading the main story
"Start Quote

He never had a chance to negotiate directly with Royal Bank [of Scotland] He was expecting to do so, after agreeing the takeover with the board"

End Quote Source close to Peter Lim

Mr Lim, who is being advised by the British firm of lawyers Macfarlanes and by the Wong Partnership of Singapore, still does not know why Mr Broughton went with New England Sports Ventures, owners of the Boston Red Sox.

He believes that in purely monetary terms, his offer was at least as attractive as Mr Henry's.

Mr Lim, too, was offering to repay all of Royal Bank of Scotland's and Wachovia's £200m of long-term debt, to take on £60m of other debt and to inject £40m of working capital.

What's more - and Mr Lim regards this as crucial - all the money being provided by him would come from his own cash resources. He is not planning to borrow any of it.

I understand he is also offering to provide tens of millions of pounds to Liverpool's manager, Roy Hodgson, to allow him to buy players when the transfer window opens in January.

According to executives close to Mr Lim, he was told by Mr Broughton that his ability to fund the takeover for cash, and the size of his cash resources, meant he was a more attractive owner than New England Sports Ventures.

Mr Lim was told that Liverpool's board was concerned that New England Sports Ventures would have to borrow to finance the takeover - raising questions about whether Liverpool really would break free from the financial shackles perceived to have been imposed by the current owners, George Gillett and Tom Hicks.

In the event, New England Sports Ventures have insisted it will not load up Liverpool FC with debt.

But there are no guarantees that there will not be significant debt further up the corporate ownership structure of New England Sports Ventures - which could limit how much money Mr Henry and his colleagues can inject into Liverpool in the future.

Mr Lim is keeping a close eye on the court case, which starts on Tuesday.

The case is supposed to rule on whether Mr Broughton can sell Liverpool to New England Sports Ventures against the wishes of Mr Hicks and Mr Gillett.

The Singapore billionaire believes the judgement in that case may give him an opportunity to bid again, whatever Mr Broughton may wish.
Business empire

Mr Lim is also prepared to buy Liverpool, should it ultimately collapse into administration under UK insolvency procedures.

According to sources close to him, he feels that he may have been shut out because New England made an offer to Royal Bank of Scotland to pay some of the £40m penalty fees the banks have demanded.

If that is the case, he believes Royal Bank may have done a poor deal, because he would be prepared to pay RBS and Wachovia more than the £10m or so which New England Sports Ventures is said to have put on the table.

"He never had a chance to negotiate directly with Royal Bank [of Scotland], " said a source. "He was expecting to do so, after agreeing the takeover with the board."

Mr Lim has an estimated net worth of $1.6bn (£1bn), according to Forbes Magazine.

He made his fortune in fashion, logistics and agri-business.

His interest in English football stems from his ownership of several Manchester United themed bars in Asia - which have persuaded him that there is huge global potential for making money from top-flight English football.

Meanwhile, Royal Bank of Scotland announced on Monday afternoon that it had obtained an injuction to prevent Liverpool owners Tom Hicks and George Gillett from sacking Martin Broughton or any other of the club's board members ahead of Tuesday's court case.

LFC'S MANGO {ed's note - I spent most of the afternoon phoning round every number I could find for RBS to try and get more info on tomorrow's case. None of them would say anything or make a statement, though one did say off the record that there was a reason NESV are not involved in the court case. He wouldn't say anymore than that, if only I could remember which of the about 300 people I spoke to about it that said it, I would be back on the phone to him now trying to get more info!}

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11 Oct 2010 17:22:56
Who would have thought that moderating a football club's fan's rumours page would require a law degree? Nice one Ed!

Other than that.

The RBS statement/ action backs up the Chairman's assertion re undertakings/ the board and the sale.

Its perhaps not too much of a stretch then to assume that they're in favour of the sale.

You could then assume ( hope ) that in the event that RBS are forced to take over that they would process the sale as agreed and quickly enough that any prospect of a points deduction would be moot. .

I know that's a lot of assumptions but I'm thinking they may be reasonable. .

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11 Oct 2010 17:18:12
Liverpool to receive new bid from Singapore billionaire.
Peter Lim.
Goto BBC sport website to read the article.

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11 Oct 2010 17:17:05
New last minute bid from Singapore Billionaire Peter Lim. Just announced on BBc website

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11 Oct 2010 17:16:19
Just geard another bid has come in from singapour

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11 Oct 2010 17:16:07
"11 Oct 2010 16:54:22
Honda looks like he's on his way to arsenal! another player to turn you down!"

1) Your source?
2) You seem to have trouble grasping the theory that a club cannot be turned down unless they actually bid for a player. Liverpool didn't do so for VDV and to my knowledge we haven't for Honda either. I may as well say Titus Bramble turned you down because you haven't signed him, it really is meaningless.

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11 Oct 2010 17:08:32
I agree with you m8 please please don't go there to the high court it will make things worse and lets face it its out of our hands now let the british court make its own mind up and have some heart and stay away please

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11 Oct 2010 17:07:11
In response to:

"Can i just say i don't like them but G&H have a case, in any type of business if you pumped in 144 million into it and the revenue increased then you would have the ability to show the increase in profits from various sources then their company kop holdings shows they improved the financial standing of the business and they will not accept to take that big a loss so a block of the sale is possible until a new buyer willing to pay more arrives or mill financial giving them their loan repayment until the sale happens is an alternative"
Did they £144M of their money in, or was £144M of the profit being made by the club?

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11 Oct 2010 17:06:12
I think the only positive we can take out of the RBS injunction is it sounds as if Hicks has not found anyone to refinance him.

IF he did he would have played that card by now and sacked the board no matter what RBS say.

Blair Mayne YNWA

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11 Oct 2010 17:05:56
Just to sum up all the feedback on the RBS statement,
it appears that RBS have made sure Hicks can't refinance by taking an interim injunction out stopping him from changing the board(he needs board approval to refinance using LFC as collateral remember).

RBS will basically be applying to the court tomorrow to have the injunction sustained as well as trying to force through the sale off the club.

The hope is tomorrow that the judge will declare the board can stay and sell the club to a confirmed buyer.

Ed, WOULD YOU GO ALONG WITH THIS? {ed's note - that seems to be the case, hard to say definitely as RBS are unable to say much for obvious reasons.}

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11 Oct 2010 17:03:16
As much as I hate the Yanks PLEASE DON'T GO TO THE COURT CASE! !, Please don't dent our clubs chance of actually winning the case.

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11 Oct 2010 17:00:52
Ed , can you please confirm for us who is fighting for us to allow the sale tmoz is it slaugher and may , RBS and Lord Grabiner?
west midland scouse {ed's note - that is who I believe it to be, though I can't be 100% certain as it could change at any moment, things seem to be moving fast.}

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11 Oct 2010 16:58:56
It's very interesting to see that RBS are already in dispute with Hicks and Gillette over Broughton's "undertakings". They clearly believe H&G are in breach of the agreements they reached when Broughton was appointed, and the loan was extended.

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11 Oct 2010 16:58:56
{Editor's Note: If H&G are legally able to sack the board an injunction cannot be granted.}

~But ed surely if they could sack the current board they would have done this weeks ago? Surely they would have preferred their son on the board as an extra voter?

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11 Oct 2010 16:58:13
Therefore. . RBS are found to have acted within their rights, sale is marked as legitimate, Broughton seeks declaration and signs the sale off, new owners move in ASAP! !

Michael Easterbrook. .

{Editor's News: I disagree with your conclusion - this is as I said previously, no more that putting everything on hold until the case can be considered fully.}
- - - - - - - - - - - - - - - - - - - - - - - -
Totally agree ED!

This means nothing just like Hicks has more or less got an injunction against the proposed sale of the club (through the courts).

Like Hicks said "That's what courts are for" It works both ways.

Blair Mayne YNWA

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11 Oct 2010 16:54:22
Honda looks like he's on his way to arsenal! another player to turn you down!

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11 Oct 2010 16:47:50
Never posted before, but just got this sent to me by email.

RBS STATEMENT

RBS in its capacity as lender to the Kop group of companies received the benefit of various contractual undertakings from Mr. Hicks and Mr. Gillett in relation to the corporate governance arrangements that Mr. Hicks and Mr. Gillett agreed would apply to the Kop group of companies with effect from April 2010.

Those undertakings provided for the appointment of Mr Broughton as chairman of the board and the appointment of the chief executive and commercial director of LFC to the Kop boards.

As is well known, Mr. Hicks and Mr. Gillett purported to make changes to those corporate governance arrangements on 4 October. This was in breach of those contractual undertakings.
In light of that purported breach of contract RBS sought and obtained on Friday 8 October 2010 an interim injunction against Mr. Hicks and Mr. Gillett until a further hearing scheduled for tomorrow.

Among other things, that interim injunction prevents Mr. Hicks or Mr. Gillett taking any steps to remove or replace Mr. Broughton from his position as chairman of the board of the Kop companies or from taking any other steps to appoint or remove any directors from the board of the Kop companies.

The proceedings tomorrow represent the continuation of Friday's proceedings and relates to breach of contract only. These proceedings do not represent steps by RBS to enforce its security or to appoint an administrator.

We are unable to provide any visibility on timing for resolution of these proceedings at this stage

{Editor's Note The key words are: "interim injunction against Mr. Hicks and Mr. Gillett until a further hearing scheduled for tomorrow."}

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11 Oct 2010 15:05:45
Ed: The case is last up in court 18 tomorrow, in front of Mr Justice Floyd. I presume the reason it is RBS vs Hicks is that the case concerns the dispute over Broughton's control of the club. Remember, Broughton was brought in as part of an agreement with RBS to extend the loan to allow H&G time to sell the club. Broughton has said that he insisted on certain conditions, such as the right to block changes to the board. If Hicks is going back on this agreement, he is disputing the terms of his deal with RBS.

{Editor's Note: It is listed as an Application so will not relate to an argument of that nature.}

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11 Oct 2010 15:01:09
In response to:

"Can i just say i don't like them but G&H have a case, in any type of business if you pumped in 144 million into it and the revenue increased then you would have the ability to show the increase in profits from various sources then their company kop holdings shows they improved the financial standing of the business and they will not accept to take that big a loss so a block of the sale is possible until a new buyer willing to pay more arrives or mill financial giving them their loan repayment until the sale happens is an alternative"

I understand what you are trying to say however if I bought a house 3 and half years ago for £300k and spent £150k on home improvements and the estate agent tells me it is today worth £225k then I'm afraid that's the state of the Market as if I didn't pump in the £150k it would only be worth £175k.
Life sucks but what can you do.
Farewell H&G, you will not be missed!

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11 Oct 2010 14:59:06
I think RBS have deliberately taken an action against Hicks et al to ensure that can seek administration on Friday. I think this is to scare Hicks off with the very real threat that he could stand to lose a whole lot more money if this happens. Way I see this is that unless the yank can re-finance and pay off his loans by Friday, Liverpool will be sold

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11 Oct 2010 14:48:18
Can i just say i don't like them but G&H have a case, in any type of business if you pumped in 144 million into it and the revenue increased then you would have the ability to show the increase in profits from various sources then their company kop holdings shows they improved the financial standing of the business and they will not accept to take that big a loss so a block of the sale is possible until a new buyer willing to pay more arrives or mill financial giving them their loan repayment until the sale happens is an alternative

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11 Oct 2010 14:29:42
Liverpool's £237 million loan must be refinanced with the Royal Bank of Scotland for the club to remain out of administration, The Guardian understands. Had the proposed sale of the club to New England Sports Ventures been free of controversy, this would be no problem. However, the current owners Tom Hicks and George Gillett are opposed to the sale, even though it has been agreed in principle by the Liverpool board acting on their behalf.

The £300 million sale, meaning Hicks and Gillett stand to lose £144 million on their investment, looks likely to be contested by Hicks. Should this happen, the legal wrangle could extend beyond October 15, placing RBS in a rather invidious position and Liverpool facing administration. Such a turn of events throws the New England Sports Ventures deal in doubt.

Broughton has plan B.

Sources close to The Independent believe that Martin Broughton has a hitherto unnamed 'plan B' waiting in the wings should the deal with New England Sports Ventures fall through. Managing Director Christian Purslow was in confident mood when questioned yesterday, saying he was, "not even contemplating administration, and nobody should be."

Broughton's "plan B and plan C, " can be used to force through a quick sale of the club to New England Sports Ventures without the club entering administration, in spite of their worries about Hicks' appeal and the possibility of the club.

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11 Oct 2010 14:11:38
Liverpool FC Court case confirmation - 10.30am Tuesday, High Courts London.

{Editor's Note: I am not sure. Firstly, this is simply an Application so no case will be heard. Also, I am not sure why RBS are involved. I think this may be RBS taking Hicks and others to court to request an Application for action to be taken in the case of the loans not being repaid. If Hicks is taking the Board to court I would expect to see "Kop Holdings Vs x, y and z." We will have to wait and see.}

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11 Oct 2010 13:47:26
11 Oct 2010 12:30:38
Unsigned and the Ed exchanged pleasantries at 11 Oct 2010 11:34:29:

"Yo ed. . . . . . whats the chance of us walking away from this mega soap opera with new owners, new plans, and new dreams? I trust in broughton but i really think hicks and gillette have something up there sleevs. . . . . . I HOPE THEY ARE GONE THIS WEEK. . . . WALK ON MY FRIENDS, WALK ON. . . . {ed's note - Broughton has put his neck on the line by going public, I think he knows what he is doing.}"

I have been giving this matter a little thought and I would like to suggest that Martin Broughton may have an acceptable Plan B in funding, at least on a temporary basis from BarCap - who if you recall had set aside £300M for financing a purchase or part purchase of the club originally. I would suspect that this would only be used if RBS/ Wachovia were to take control of the club - to avoid the need for Administration to be considered. I think it may provide a viable short term solution and still let the sale to proceed with NESV. Just a thought.

Sharkey.
- - - - - - - - - - - - - -
INTERESTING. GOOD POST SHARKEY.

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11 Oct 2010 13:32:57
Tuesday, 12 October 2010
At half past 10
Skeleton arguments and bundles for any listed application must be delivered by 10 a.m. on the day before the hearing of the application: see paragraph 7.22 of the Chancery Guide (December 2009). The Chancery Listing Office will accept them if delivered to Room WG4 in time. The papers for any urgent unlisted application (and any skeleton argument or bundle sought to be delivered out of time) must be delivered directly to the Judge's Clerk.

Further directions and information about interim applications, and the skeleton arguments and bundles to be prepared for them, will be found in chapters 5 and 7 of the Chancery Guide.

Attention is drawn in particular to paragraphs 7.31 and 32 of the Chancery Guide, which warn of the consequences, including costs sanctions, which may follow from the failure to lodge skeleton arguments and bundles on time.

APPLICATIONS
Exception VAR Ltd v Goff
Drummond v Drummond
Superyachts.com Ltd v Bodington
Wilkinson v North
Lloyds TSB v Williams Gee Yeung Law
Slutsker v Haron Investments
Royal Bank of Scotland PLC v Hicks & ors
(is this us ed)

{Editor's Note: I am not sure. Firstly, this is simply an Application so no case will be heard. Also, I am not sure why RBS are involved. I think this may be RBS taking Hicks and others to court to request an Application for action to be taken in the case of the loans not being repaid. If Hicks is taking the Board to court I would expect to see "Kop Holdings Vs x, y and z." We will have to wait and see.}

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11 Oct 2010 13:22:19
Hey Ed Do You have any idea about Martin Broughton's "Plan B"?

{Editor's Note: I rather like the idea put forward by Sharkey earlier - you should find it somewhere down the page - around an hour ago.}

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11 Oct 2010 13:01:46
Great work! I emailed the Pope and asked if he would put a good word in with God to try and oust the Yanks. I have also emailed Oprah and X Factor winner Leona Lewis.


How stupid do you sound. . . . .
Leona Lewis is a gooner. .
I too have emailed Oprah, Clint Eastwood, Perry Como, Frans Klammer and Rodney Bewes. .
The only reply was from Frans who said Its all downhill from here?
I also phoned Chris Tarrent which he said was like a weird de ja vous. .I didn't understand him as i don't speak french.

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11 Oct 2010 13:01:06
Can anyone tell what court is the case is being heard at? is it in liverpool. or london high courts?

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11 Oct 2010 12:35:01
"Naming rights should generate at least the same as Arsenal i.e. about £100m."

Didn't this include shirt sponsorship as well - and I think it was over a lengthy period so it would not be an immediate cash injection of £100M.

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11 Oct 2010 12:30:38
Unsigned and the Ed exchanged pleasantries at 11 Oct 2010 11:34:29:

"Yo ed. . . . . . whats the chance of us walking away from this mega soap opera with new owners, new plans, and new dreams? I trust in broughton but i really think hicks and gillette have something up there sleevs. . . . . . I HOPE THEY ARE GONE THIS WEEK. . . . WALK ON MY FRIENDS, WALK ON. . . . {ed's note - Broughton has put his neck on the line by going public, I think he knows what he is doing.}"

I have been giving this matter a little thought and I would like to suggest that Martin Broughton may have an acceptable Plan B in funding, at least on a temporary basis from BarCap - who if you recall had set aside £300M for financing a purchase or part purchase of the club originally. I would suspect that this would only be used if RBS/ Wachovia were to take control of the club - to avoid the need for Administration to be considered. I think it may provide a viable short term solution and still let the sale to proceed with NESV. Just a thought.

Sharkey.

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11 Oct 2010 12:15:16
11 Oct 2010 08:44:27

Re:
ive talked with my brother, who is a solicitor and he has told me that the courts decision will be based on whats better for the future of the club
-
If your brother is a solicitor he would have told you the court's decision would be what is correct according to UK and European law. It is quite simple, if (as he has pretty much stated) Broughton has a signed written undertaking by the owners that:
i, only he can change the membership of the board ii, the owners cannot obsturct a reasonable sale of the club
iii, There are no additional relevant clauses that allow i and ii to be overridden
Then the sale to NESV will go through as that would be correct in the eyes of the law.
If the above conditions are not met then Hicks may well win as he is the owner of the club and as the old saying goes "ownership is nine tenths of the law". The board would not then be allowed to sell something that it didn't own against the wish of the owners unless their permission to do so was clearly set out.
Personally, Broughton is one of the few Chelsea fans I'd trust and I doubt very much he would have gone down the current route if conditions i, ii and iii above were not met.
Bob


ive seen them undertakings in the contracts myself, im not sure if he knew about them though (he's not that into liverpool, he's a celtic fan). .the one thing is that he seemed pretty confident we would win. .

db9

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11 Oct 2010 12:12:02
Liverpool Rumours:
To the person who wrote this.
I don't expect an answer from him but I have emailed Senator Joe Biden, Vice President of the United States of America and pointed out to him the possible harm being done to American business and trade interests abroad by H & G. If their methods of working and behaviour towards millions of supporters of one to the most prestigious Sports Clubs in the world are to be the benchmark expected from American owners his Nation is being sold short. I have politely asked him to remind these two that it's sometimes better to withdraw gracefully and retain some dignity and National pride. In the unlikely event of me receiving an answer from him I will post it.

H&G are businessmen, there business is making money; the American dream is all about making money. H&G won't walk away from this and you are niave to think they would. The Red Sox consortium are the same in every way; they will want a return on the investment. Liverpool may have got out of the frying pan but they have landed bang into the fire.

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11 Oct 2010 12:09:40
I'd like to respond to this comment, if I may:"why do some o called fans on here keep linking us with players from Wigan, West Ham , and Stoke, we are Liverpool fc, one of the best clubs in the world, we should not be bying ordinary, run of the mile players, we should be chasing quality."

Well, I can remember a time when we were buying our players from clubs like Chester and Sc* thorpe. And some of them worked out quite well.

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11 Oct 2010 11:39:49
I don't expect an answer from him but I have emailed Senator Joe Biden, Vice President of the United States of America and pointed out to him the possible harm being done to American business and trade interests abroad by H & G. If their methods of working and behaviour towards millions of supporters of one to the most prestigious Sports Clubs in the world are to be the benchmark expected from American owners his Nation is being sold short. I have politely asked him to remind these two that it's sometimes better to withdraw gracefully and retain some dignity and National pride. In the unlikely event of me receiving an answer from him I will post it.

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11 Oct 2010 11:34:29
Yo ed. . . . . . whats the chance of us walking away from this mega soap opera with new owners, new plans, and new dreams? I trust in broughton but i really think hicks and gillette have something up there sleevs. . . . . . I HOPE THEY ARE GONE THIS WEEK. . . . WALK ON MY FRIENDS, WALK ON. . . . {ed's note - Broughton has put his neck on the line by going public, I think he knows what he is doing.}

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11 Oct 2010 11:18:27
Hee hee. . .have you seen the name of our solicitors for tomorrows court date. . . . . . . . .
SLAUGHTER & MAY!
bit like telling a 17 yr old his first game is against jerry bryne, tommy smith, jimmy case and greame souness (had to mention him coz he was a gr8 player , fckn lousy manager which lead to our decline, but that's for another post). . . .also super smooth barrister LORD GRABINER QC has been checking, double checking and checking again EVERYTHING our team has done to oust these yank tosspots. . .and if he is ready to go to court happy, confidant with no chance of making himself look a right tw@t and getting egg on his face then nuff said. . .
say what you want about southerners or chelsea fans but we ALL owe MR Broughton a big big apology. .he has conducted his business covertly and correctly with our club's best interest at heart(the way of old for LFC, always internal, never air our dirty washing). .and for that i bless him. .at the end of the day this is how the man makes his money. .he must put aside any TEAM affiliation to ensure the people who employ him get what they are paying for. .

MR BROUGHTON, thank you from a grateful kopite.


king kenny07


If all goes well in court i would also like to second this and thank Martin Broughton for all he has done with regards to the sale of Liverpool Football Club. Only time will tell if the deal is what was promised but i'm pretty confident it will be! I think he's proved in the way he conducted the sale that he is no mug so hopefully all bases will be covered in court and it will be a quick ruling in favour of the sale to NESV. I highly doubt he would have gone so public with the sale without being confident enough of succeeding in his battle no matter what court action H&G took!

So thank you Martin Broughton, Christian Purslow and Ian Ayre for all you have done lets hope the court rules in favour of the only sensible option!

BIG G
YNWA
JFT96

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11 Oct 2010 11:11:27
I woult not get concerned by the reports that NEVS may walk away if the club is docked 9 points. NEVS are singing from the same hymn sheet as Broughton. It serves the club well for NEVSs to say this as this is likley to be another reason to support a judge finding in favour of Broughton. Reality Red

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11 Oct 2010 11:07:04
Mickey, we generated in 2009 £42m from the turnstiles. If we have a 60,000 seater stadium (personally I would like to see any new stadium have the ability to go eventual beyond 60,000) the extra revenue is likely to be significantly more than the £15m you mention. Corporate hospitality whether we like it or not generates huge sums. At the Emirates for example a box cost in the region of £150k a season plus extra if you want catering. Now I am not saying we can charge the same, but if you work out how many additional boxes can be accommodated in a new stadium, and how much extra room can be made available for corporate hospitality (posh pre-match meals (like at club Wembley)) you can see that we are talking big numbers. Function rooms in a new stadium can also be hired out on non match days (incorporating a hotel and possibly a casino within the new stadium complex if allowed could also yield significant returns). The likelihood is that a new 600, 00, seater stadium will generate more like £20-£25m minimum extra in revenue a year. Naming rights should generate at least the same as Arsenal i.e. about £100m. Even if we needed to borrow £250m on top of the £100m from naming rights so as to spend £350m on a new stadium, a loan of £250m over 25 years at today's interest rates (which by the way may well be nearer to 5.5% than the 6.5% you mention) could comfortably be serviced by the extra revenue generated from a new stadium. If the NEVS as promised make us debt free we would still have available for transfers the £40m profit per annum currently being siphoned off by Hicks and Gillette to pay interest to RBS. Reality Red

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11 Oct 2010 11:04:00
A friend of mine says the way H&G are trying to keep control, is by stating that its just one loan being replaced by another loan, and that that is what they term unreasonable sale, so its down to the new owners to prove that's not the case, and the board to prove its a better long term deal for LFC, if the court stalls on making a decission, then RBStake LFC in admininstation, and the prem will have to deduct 9 points.

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11 Oct 2010 10:46:23
"11 Oct 2010 10:23:08
You lot still going on & on about van der vaart! give it a rest & give it up he chose spurs not liverpool! all this we turned him down or ive known him for 5 years is all bull sh*t"

I'm sorry, but although you've definitely bagged a bargain, he in no way "chose" Spurs. He was touted around at a higher price, no one wanted him at that price and Madrid wanted some cash, finally dropped him in the reduced bin category and offered him to Spurs. At no point were Liverpool after him (if you hadn't noticed we've got a fairly congested CM after signing Meireles and Joe "100% to Spurs - done deal" Cole). VDV has even come out and said he'd have happily gone to Arsenal and actually wanted to go to Bayern - good signing or not, i'm afraid you were far from the team he "chose".

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11 Oct 2010 10:46:02
I don't believe there is any prospect of Hicks raising £300m in the time remaining. Besides who in their right mind would lend him £300m when he and Gillette have been unable to repay a loan of £240m which has swelled due to penalties to £280m. The sole motivation for Hicks going to courts must surely be aimed at trying to and generate some kind of settlement. He knows the one weakness in Broughton and RBS's position is that if they don't win the court case, RBS can only force a sale by putting the holding company into administration. This may well result in a points deduction which would probably result in NEVS wishing to renegotiate the purchase price. This will spook RBS as a lower bid may well result in RBS not getting repaid in full. This is a real game of poker. If Broughton wins in court its game over. If Broughton looses in court then either RBS we will have to incentivise Hicks so that he agrees to stand aside or force an administration and take a hair cut in the repayment of its debt. At the same time we the fans would end up suffering the misery of a 9 point deduction. There are no words to describe the malice of Hicks. I believe in Karma (as opposed to Bjon Kvarma) and hope that at the end of this process he will be well and truly shafted. Reality Red

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11 Oct 2010 10:23:08
You lot still going on & on about van der vaart! give it a rest & give it up he chose spurs not liverpool! all this we turned him down or ive known him for 5 years is all bull sh*t

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11 Oct 2010 10:22:21
Mr Blair YNWA

I hear there are plans to get a similar loan to what Arsenal have in place at Liverpool, NESV want to take out a 250m loan over 25 years, the yield will be somewhere in the region of 6.5%, Liverpool will have to pay just over 16m annual interests plus pay off 10m from the loan each year.

Its a great financial plan but it leaves you far from debt free. You will be paying out just over 26m a year on loan repayments plus around X amount in management/ admin fees, plus whatever you will have to pay your investors on top of that so there will still be 30m plus leaving the Liverpool revenue each year.

The good news is they are hoping to get the stadium revamped for free, they are hoping they can get a sponsor to cover some of it and they are getting Brussels to pay for the rest. The 60,000 seated stadium will bring in an extra 15m revenue, add that to a couple new sponsorship deals and Liverpool will break even with ease in the next couple seasons.

Micky

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11 Oct 2010 10:08:15
Roy was never first choice to be manager, benitez was making to much noise in press conferences so had to go, any other potential candidate for the managers role baulked at the restraints put in front of them with no clarification as to wen the club wud be back on steady ground. hodgeson was the only one who wud work under those conditions. it may not be the liverpool way to part ways with a manager during a season but had tottenham stayed with juande ramos wud they be playing inter millan in the nxt few weeks? i believe roy shud be given time to try and turn round the clubs fortunes, however if by xmas things are looking better them pellagrina will be brought in. had he been at the helm in the summer then van der vaart wud be a red and not at spurs.

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11 Oct 2010 10:07:57
Court case date not confirmed yet see echo - it is expected to be confirmed today (the date that is) - I'm not sure what it will do by a load of reds going down there for the day - my worry is a few too many beers will be involved and someone does something stupid - if it is all done within the law I am all for it but I do have this fear!

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11 Oct 2010 09:47:15
Hee hee. . .have you seen the name of our solicitors for tomorrows court date. . . . . . . . .
SLAUGHTER & MAY! !
bit like telling a 17 yr old his first game is against jerry bryne, tommy smith, jimmy case and greame souness (had to mention him coz he was a gr8 player , fckn lousy manager which lead to our decline, but that's for another post). . . .also super smooth barrister LORD GRABINER QC has been checking, double checking and checking again EVERYTHING our team has done to oust these yank tosspots. . .and if he is ready to go to court happy, confidant with no chance of making himself look a right tw@t and getting egg on his face then nuff said. . .
say what you want about southerners or chelsea fans but we ALL owe MR Broughton a big big apology. .he has conducted his business covertly and correctly with our club's best interest at heart(the way of old for LFC, always internal, never air our dirty washing). .and for that i bless him. .at the end of the day this is how the man makes his money. .he must put aside any TEAM affiliation to ensure the people who employ him get what they are paying for. .

MR BROUGHTON, thank you from a grateful kopite.


king kenny07

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11 Oct 2010 09:47:14
Ed, (or anyone) if you can confirm that the court case is for today? I've checked the court listings and it doesn't mention about our hearing anywhere. {ed's note - I don't believe the date has been confirmed yet.}

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11 Oct 2010 09:37:47
I don't believe hicks himself believes he can win this, think its alot of posturing on his behalf to try and save face in his home land. which ever way you look at it hicks has been a very successfull, and powerfull man in the past and this must be crippling his ego! its great! !

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11 Oct 2010 09:16:21
To all the people heading down to the Strand today for the court case: You'll Never Walk Alone, wish I could be there. . .Let Em Hav It!

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11 Oct 2010 09:10:58
Dont be suprised if in the january window, and if new owners are in place and theres money to spend. that the owners themselves have a few players on there own with list. im not talking of a messi or a ronaldo, but someone like a kesuke honda, to try and tap in to the far east, we already have a gud following out there, so to take japans best player wud make a huge difference to finances that wud be brought in through shirt sales. champions league football is a must if the new owners are planning to make money out this business venture, being a mid table team with the wage bill at liverpool wud be non profitable for the new owners who cleary believe that if the club is run in right way the will make money. maybe that is the reason of the threats to walk away if the 9 point penalty is imposed. don't get me wrong by no means do i believe they hold any emotional connection to the club, but i do believe they want the same as the fans do. . . just with a completly different agenda.

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11 Oct 2010 09:09:09
No van der vaarts agent asked us if we wanted him and woy said no. . Shame ive known him for about 5 years before he was a big name and always signed him for us on fifa and other football games :) ha

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11 Oct 2010 09:04:40
Does any one know the procedue at the court today, is it likely to be resolved today, does any one know what time the case is being heard, I think Im suffering (pre-court nerves)Ill be a wreck by lunch time.

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11 Oct 2010 09:02:18
Can we be certain Hicks has no chance of re-financing? He is going to a lot of effort to stop this sale. Seems a waste of time if he's going to lose the club to RBS in a few days anyway. Hicks is a lot of things but he's no idiot. What is his plan if he wins in the high court? DA

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11 Oct 2010 08:59:51
Judgement day is upon us, lets all hope the courts finally get one verdict right, but I see the courts dragging this one out a bit longer, just to get there 5 minutes of fame. Red James

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11 Oct 2010 08:26:58
Michael Owen will be Torres new strike partner, Danny Murphy to replace Lucas and Upson will be the new centre half.Lfc will get all 3 for about 15m in january?

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11 Oct 2010 01:01:17
"when" the takeover is successful, i think we should get 4 players in this window.

Keisuke Honda (great player who can be in multiple positions, including striker, not to mention increased shirt sales in Asian market)
Arda Turan (wants to play for Liverpool, skilled left winger)
Taye Taiwo (solid left back)
Ever Banega (great passer, plus taking advantage of Valencia's money troubles)

Not sure about prices. But we should offload the following in this window.
Glen Johnson (horrible defender. he can attack, but he is one of the reasons for our defensive mistakes)
Fabio Aurelio (skilled, but injury prone)
Ryan Babel (given too many chances)
Lucas Leiva (enough said)

What do you think ED?

{EDitor's Note: We will not be buying another LB.}

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11 Oct 2010 00:51:57
When van der vaarts so called deal to munich never went through he had the choice of three clubs two being epl sides liverpool & spurs he chose spurs simple as that liverpool didn't turn him down he turned us down! its no good papering over the cracks or turning a blind eye! we are in trouble and players will turn us down.

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