Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Rumour going about is that RBS have declined the refinancing package with Hicks and Gillett. Not sure why yet, or even if this is 100% true, but can only be good news in getting rid of Hicks. Should force their hand a little and make any offer from DIC more attractive.
Also its being rumoured that Foster Gillett (who moved here as CEO) has gone home and wont be coming back. They are saying his wife isnt happy here, but I think he knows he will just get shit everywhere with the way Hicks is coming out in the press so is running home.
The other rumour is that Masch's agent has said Liverpool have made no offer to make his contract a permanent one...even though both Rafa and Masch want the deal done. Obviously G&H delaying things to see what happens with the financing, DIC offer and Rafa's position. His agent also said it looks more likely now that he could go to Italy in the summer than previously. Hopefully the owners, or DIC, will step up with the £17m needed for him as he is world class.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Hmmm...new reports are suggesting financing has been agreed, with G&H putting in cash of between £40-55m each, aswell as personally securing a large proportion of the debt. The rest wont be put on the club, but placed on the company based in the US that G&H set up to buy the club - that way it adds a little more security for us and a little more risk for G&H.
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Nath
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Registered: 3rd Apr 02
Location: MK
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quote:
Originally posted by Cosmo
Hmmm...new reports are suggesting financing has been agreed, with G&H putting in cash of between £40-55m each, aswell as personally securing a large proportion of the debt. The rest wont be put on the club, but placed on the company based in the US that G&H set up to buy the club - that way it adds a little more security for us and a little more risk for G&H.
 uh-oh
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Marc
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Registered: 11th Aug 02
Location: York
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Cosmo, big fat gayer. debt etc?
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Nath
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Registered: 3rd Apr 02
Location: MK
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Indeed.
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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 Marc
Cosmo, big fat gayer. debt etc?
Fuck off eddo 
Its debt, but the main difference (mainly for PR and not for security) is that it wont be on the clubs books so to speak.
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JonnyJ
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Registered: 23rd Sep 05
Location: Scotchland
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Dodgy debt
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Refinancing is now completed by the looks of it...
£190m of debt will be covered by the owners in various ways.
£160m will be placed on the company set up to purchase Liverpool which G&H own.
This will provide the money to begin the stadium (expected to reveal the NEW designs by HKS which fit into the £300m budget), aswell as funds to back the manager including sealing Mascherano on a full transfer.
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Marc
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Registered: 11th Aug 02
Location: York
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quote:
Originally posted by Cosmo
quote:
Originally posted by Marc
Cosmo, big fat gayer. debt etc?
Fuck off eddo
Its debt, but the main difference (mainly for PR and not for security) is that it wont be on the clubs books so to speak.
FPMSL 
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