Limecat
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Registered: 25th Jun 05
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Lovely looking ground, although I like to see the corners filled in on proper stadia.
If you believe that stuff from Hicks/Gilette (actually Hicks TBH) then you need your head checking Cosmo. They are there to bleed as much cash as they can from it, if you think otherwise you are a bit daft (they aint throwing big money in like other investors - ie. Chelsea/Man U)
Strangely it goes against everything they initially said doesn't it? 
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Cosmo
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Registered: 29th Mar 01
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quote:
Originally posted by LETGSI16V
Lovely looking ground, although I like to see the corners filled in on proper stadia.
If you believe that stuff from Hicks/Gilette (actually Hicks TBH) then you need your head checking Cosmo. They are there to bleed as much cash as they can from it, if you think otherwise you are a bit daft (they aint throwing big money in like other investors - ie. Chelsea/Man U)
Strangely it goes against everything they initially said doesn't it?
No, Im taking everything they say with a pinch of salt, and I know they (well atleast Hicks) is only there as he smells a profit. He could of jumped ship now though with a nice sized profit, but he didnt, and now with a huge amount of this financing being secured by him personally the only way for him to make a decent profit will be to invest to produce a successful team on the pitch whilst making the club into a successful one off it.
Oh...and as for your point about throwing big money at clubs...Chelsea is a different example than anything out there, and 99% of Liverpool fans didnt want a Sugar Daddy like them. And United are in huge debt which is secured against the club - fine whilst they are winning they will be fine, but if they have a bad season they will be fucked with the £60m+ loan repayments yearly (as reported in FT recently.)
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Hammer
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Registered: 11th Feb 04
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quote:
Originally posted by LETGSI16V
if you think otherwise you are a bit daft
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Hammer
quote:
Originally posted by LETGSI16V
if you think otherwise you are a bit daft
that was his attempt this time for a reaction...it was poor, usually he is better than that!
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Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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I will eat my hat if we don't beat them by 3 clear goals.
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Limecat
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Registered: 25th Jun 05
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quote:
Originally posted by Cosmo
quote:
Originally posted by LETGSI16V
Lovely looking ground, although I like to see the corners filled in on proper stadia.
If you believe that stuff from Hicks/Gilette (actually Hicks TBH) then you need your head checking Cosmo. They are there to bleed as much cash as they can from it, if you think otherwise you are a bit daft (they aint throwing big money in like other investors - ie. Chelsea/Man U)
Strangely it goes against everything they initially said doesn't it?
No, Im taking everything they say with a pinch of salt, and I know they (well atleast Hicks) is only there as he smells a profit. He could of jumped ship now though with a nice sized profit, but he didnt, and now with a huge amount of this financing being secured by him personally the only way for him to make a decent profit will be to invest to produce a successful team on the pitch whilst making the club into a successful one off it.
Oh...and as for your point about throwing big money at clubs...Chelsea is a different example than anything out there, and 99% of Liverpool fans didnt want a Sugar Daddy like them. And United are in huge debt which is secured against the club - fine whilst they are winning they will be fine, but if they have a bad season they will be fucked with the £60m+ loan repayments yearly (as reported in FT recently.)
I forget where it was that I was reading about it but I recall that it would be the club paying off the debt and his personal money/security only comes into in the event of financial disaster?
I recall the interest alone is something like £18m per annum? 
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Cosmo
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Registered: 29th Mar 01
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quote:
Originally posted by LETGSI16V
I forget where it was that I was reading about it but I recall that it would be the club paying off the debt and his personal money/security only comes into in the event of financial disaster?
I recall the interest alone is something like £18m per annum?
Yep, of course Liverpool will be paying the debt. Firstly they'd have to cover their share of interest on £105m which is secured against the club (£60m to begin the stadium and £45m working capital), but any other profit the club makes after this would no doubt either be loaned to G&H to pay the debt, or be paid as a dividend to them both.
That doesnt really matter though, as currently we are making about £28m gross profit, and that is with a shocking commercial side to the club, which G&H are in the middle of trying to sort out. So I have no doubt that ATLEAST the amount to cover the debt can be made per year, and if not a bit more to add to the coffers.
In the meantime the club has £45m working capital, a lot of this will be purely for transfers, and this is before you take into account player sales (£10m for Carson, £10m for Sissoko, etc. etc.)
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Whittie
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Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
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 Hope the boxe's are nice  
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Cosmo
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Registered: 29th Mar 01
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quote:
Originally posted by Whittie
Hope the boxe's are nice
No under ground corporate bunker anymore 
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Whittie
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Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
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quote:
Originally posted by Cosmo
quote:
Originally posted by Whittie
Hope the boxe's are nice
No under ground corporate bunker anymore
It'll go upstaires probably, overlooking the pitch.
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Nath
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Registered: 3rd Apr 02
Location: MK
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Looks good.
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John
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Registered: 30th Jun 03
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Has he died or is he another Robin Marriot?
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Marc
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Registered: 11th Aug 02
Location: York
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It was Jimmy Bennett all along.
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Hammer
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Registered: 11th Feb 04
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Cosmo was a faggot.
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Nath
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Registered: 3rd Apr 02
Location: MK
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Cosmo got his willy wet then vanished.
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