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Barclays Capital etc

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[quote author=Rosco link=topic=39787.msg1087978#msg1087978 date=1271275896]
Never mind.
[/quote]

okay, I shouldn't have said 'not to be confused with blah blah blah'. I think I said that because unlike barclays proper barcap specifically deal with investement with wealthy clients so their involvement is significant.
 
Chinese investor interested in buying Liverpool FC contacted Rafa Benitez, manager's agent claims
Apr 15 2010 by David Randles, Liverpool Echo

RAFA BENITEZ'S agent has claimed that a Chinese investor is interested in buying Liverpool Football Club and want the manager to continue at Anfield.

Responding to speculation surrounding Benitez's future, Manuel Garcia Quillon said the mystery potential investor has contacted the Liverpool boss to guarantee him their support should they get involved at the club.

"The Chinese have an interest and called Rafa and told him that their condition for buying the club is that he remains coach," said Quillon.

Benitez is attracting interest from Juventus and Real Madrid, who are monitoring events at Liverpool closely.

Juventus are reported to have set a 10-day deadline for Benitez to inform them if he is willing to replace current manager Alberto Zaccheroni in Turin.

Real have long courted Benitez for a return to the club where he cut his managerial teeth at youth and reserve team levels, and are said to have him top of a wish-list to replace the under fire Manuel Pellegrini at the end of the season.

The Reds boss would prefer to stay at Anfield though, where he is just 12 months into a five year contract.

However, Benitez has grown frustrated with the financial restrictions placed on him by Liverpool's American owners, Tom Hicks and George Gillett, who are under pressure to reduce £237million of leveraged debt placed on the club.

Benitez recently claimed it will take a £60million investment on squad strengthening this summer to turn around the team's ailing fortunes.
 
Lolz at Rafa4PM's flag.

Maybe a joint Singapore-Malaysia consortium can take over Liverpool?
 
[quote author=Brendan link=topic=39787.msg1087815#msg1087815 date=1271255516]
Admirable and impressive vitriol from molbystwin, there!

Bravo
[/quote]

Indeed, Spleen vented admirably.
 
[quote author=DHSC link=topic=39787.msg1088278#msg1088278 date=1271328622]
Lolz at Rafa4PM's flag.

Maybe a joint Singapore-Malaysia consortium can take over Liverpool?
[/quote]

Malaysia is Manc territory.
 
Life is anything but dull for Liverpool fans these days. Less than 24 hours after manager Rafael Benitez pledged his conditional allegiance to the club, a report in today's Daily Mirror alleges that a former Syrian international is "close to buying Liverpool".

Yahya Kirdi has reportedly in "advanced" discussions with the Reds' owners, George Gillett and Tom Hicks and the Gulf-based millionaire has the financial support of one of the region's wealthiest families. To help with his aim of buying the club, the Mirror reports that Kirdi has hired former Celtic player Andy Lynch as an advisor.

Lynch played alongside Liverpool great Kenny Dalglish at Celtic in the 1970s and is quoted as telling the Mirror: "Talks are on-going with Tom Hicks and George Gillett... the planned buy-out will have massive implications for Liverpool. Liverpool aren't the force they were so this is just what they need."

The latest twist to the Liverpool saga might have implications for Benitez, hours after his agent, Manuel Garcia Quilon, dismissed reports linking his client to a coaching job at Juventus.

Apparently the Italian club have been in touch, offering Benitez a lucrative three-year-deal and a kitty of £175m in order to restore Juventus's battered reputation in European football. "The intention of Benitez is to fulfil the contract he has until 2014," said Garcia Quilon.

However, the agent said that Benitez's loyalty to Liverpool might reach breaking point if the boardroom can't balance the books and pay off some of the £237m worth of outstanding loans that have hampered the club's transfer dealings. "It's true the club is subject to fluctuations in their financial situation," said Garcia Quilon, adding: "They could influence the future of the club, and therefore Benitez as well."

Intriguingly, Garcia Quilon said in an interview with Spanish newspaper AS that it wasn't Yahya Kirdi looking to take the club of the hands of Hicks and Gillett (allegedly the asking price for Liverpool is in the region of £500m) but a cartel of "unnamed Chinese investors".

"The Chinese have an interest because they have called Rafa and told him that their condition for buying the club is that he continues as coach," said Garcia Quilon
Click to expand...
 
Syrian set for Reds takeover
Friday 16th April 2010 8:59


Syrian businessman Yahya Kirdi claims he is in advanced talks to buy Liverpool in a deal that will have "massive implications" for the club.

Reds co-owners Tom Hicks and George Gillett are reported to be finally willing to sell their stake in the club after hiring Barclays Capital to find new owners.

A number of potential investors have been linked with a move for the Anfield outfit and now former Syria international Kirdi is ready to end Hicks and Gillett's time on Merseyside.

Former Celtic player Andy Lynch has been brought in by Kirdi to act as a go-between in the deal and he is hopeful a takeover could be completed soon.

"Talks are on-going with Tom Hicks and George Gillett and are at an advanced stage," Lynch told the Daily Mirror.

"The planned buy-out will have massive implications for Liverpool. Liverpool aren't the force they were so this is just what they need.

"I've been to Anfield on business recently and I'm acting as the go-between in the whole deal.

"Hopefully it's not too much longer before it's all done and dusted."
 
Sky news is saying G&H have announced we are up for sale.

Finally !

Let the bidding begin and lets get this stadium built.
 
Liverpool Football Club put up for sale by Tom Hicks and George Gillett
Apr 16 2010


The Americans confirmed in a 9am statement that they are to relinquish their ownership of the Reds as they appointed new Chairman Martin Broughton to oversee the sale of Britain's most successful ever football club to new owners.

Barclays Capital have been hired to lead the bid to find new owners.

British Airway Chairman Broughton will work alongside current Managing Director Christian Purslow and other existing Anfield board members to lead the Reds into a new era - which it is intended will still include the buiilding of a long since planned new stadium - after all the troubles of the past three years.

A press release issued this morning read: "Liverpool Football Club today announced that Martin Broughton has been appointed as Chairman with immediate effect.

"The new Chairman will oversee a formal sale process launched by current owners, Thomas Hicks and George Gillett Jr.

"Following numerous expressions of interest from third parties, the Club has engaged Barclays Capital to advise on the sale process.

"The Club has the full support of its existing bankers for this process and has financing in place which will fully support the Club's operations."
 
and more.....................



Hicks and Gillett said in a statement: "Owning Liverpool football club over these past three years has been a rewarding and exciting experience for us and our families.

"Having grown the club this far we have now decided together to look to sell the club to owners committed to take the club through its next level of growth and development.

"We are delighted that Martin Broughton has agreed to take the position of chairman, working alongside the club's excellent senior management team.

"Martin is a distinguished business leader of excellent judgment and with a great reputation. He is a genuine football supporter and will seek to oversee the sales process in the best interests of the club and its supporters."

Broughton said in a statement: "I am excited and honoured to be taking up this position.

"Liverpool is a great club with a fantastic history. I will run this sale process in the right way, for the benefit of the club and its fans.

"Liverpool is one of the world's greatest clubs and my aim is to try and ensure that we find new owners who are able to build on the club's recent improved financial performance in order to help deliver sporting success."
 
[quote author=Rafa4PM link=topic=39787.msg1088688#msg1088688 date=1271406004]
Syrian set for Reds takeover
Friday 16th April 2010 8:59


Syrian businessman Yahya Kirdi claims he is in advanced talks to buy Liverpool in a deal that will have "massive implications" for the club.

Reds co-owners Tom Hicks and George Gillett are reported to be finally willing to sell their stake in the club after hiring Barclays Capital to find new owners.

A number of potential investors have been linked with a move for the Anfield outfit and now former Syria international Kirdi is ready to end Hicks and Gillett's time on Merseyside.

Former Celtic player Andy Lynch has been brought in by Kirdi to act as a go-between in the deal and he is hopeful a takeover could be completed soon.

"Talks are on-going with Tom Hicks and George Gillett and are at an advanced stage," Lynch told the Daily Mirror.

"The planned buy-out will have massive implications for Liverpool. Liverpool aren't the force they were so this is just what they need.

"I've been to Anfield on business recently and I'm acting as the go-between in the whole deal.

"Hopefully it's not too much longer before it's all done and dusted."

[/quote]

Sounds extremely dodgy to me.
 
[quote author=the count link=topic=39787.msg1088701#msg1088701 date=1271407311]
and more.....................



Hicks and Gillett said in a statement: "Owning Liverpool football club over these past three years has been a rewarding and exciting experience for us and our families.

"Having grown the club this far we have now decided together to look to sell the club to owners committed to take the club through its next level of growth and development.

"We are delighted that Martin Broughton has agreed to take the position of chairman, working alongside the club's excellent senior management team.

"Martin is a distinguished business leader of excellent judgment and with a great reputation. He is a genuine football supporter and will seek to oversee the sales process in the best interests of the club and its supporters."

Broughton said in a statement: "I am excited and honoured to be taking up this position.

"Liverpool is a great club with a fantastic history. I will run this sale process in the right way, for the benefit of the club and its fans.

"Liverpool is one of the world's greatest clubs and my aim is to try and ensure that we find new owners who are able to build on the club's recent improved financial performance in order to help deliver sporting success."
[/quote]

Now fuck off already.
 
[quote author=M_B link=topic=39787.msg1088691#msg1088691 date=1271406470]
Sky news is saying G&H have announced we are up for sale.

Finally !

Let the bidding begin and lets get this stadium built.
[/quote]

Great news. Not sure about the Syrian bollocks though
 
"Mr. Broughton, currently Chairman of British Airways PLC and deputy president of the Confederation of British Industry, will work alongside the club's existing management team of Managing Director Christian Purslow, Commercial Director Ian Ayre and Financial Director Philip Nash. The day-to-day running of the club remains in the hands of this team, who have overseen a significant improvement in the financial performance of the Club since 2007. During that time:

* The Club's revenues have increased by 55%;

* Commercial revenues have increased by 83%;

* Operating profit (before player trading and exceptionals) has increased by 60%."


Fair play in some respects, the team brought in by H&G to run the club appear to have put us back where we belong in terms of financial operating performance.
 
[quote author=Sunny link=topic=39787.msg1088707#msg1088707 date=1271407774]
[quote author=M_B link=topic=39787.msg1088691#msg1088691 date=1271406470]
Sky news is saying G&H have announced we are up for sale.

Finally !

Let the bidding begin and lets get this stadium built.
[/quote]

Great news. Not sure about the Syrian bollocks though
[/quote]

I know I have been banging the same drum for a bit but we really need to find the right owners as experience has shown that the wrong ones could be even more of a disaster that H&G.

Worringly, does anyone really trust the Yanks to sell on to as the say "owners committed to take the club through its next level of growth and development"

Don't you know that they will be looking to squeeze the very last cent out of the sale irrespective who the buyes is.
 
[quote author=the count link=topic=39787.msg1088710#msg1088710 date=1271408155]
Don't you know that they will be looking to squeeze the very last cent out of the sale irrespective who the buyes is.
[/quote]

So they are businessmen who aren't guided primarily by some sort of moral compass?

I'm fucking shocked.
 
[quote author=Tal link=topic=39787.msg1088709#msg1088709 date=1271408062]
"Mr. Broughton, currently Chairman of British Airways PLC and deputy president of the Confederation of British Industry, will work alongside the club's existing management team of Managing Director Christian Purslow, Commercial Director Ian Ayre and Financial Director Philip Nash. The day-to-day running of the club remains in the hands of this team, who have overseen a significant improvement in the financial performance of the Club since 2007. During that time:

* The Club's revenues have increased by 55%;

* Commercial revenues have increased by 83%;

* Operating profit (before player trading and exceptionals) has increased by 60%."


Fair play in some respects, the team brought in by H&G to run the club appear to have put us back where we belong in terms of financial operating performance.
[/quote]

Yep. I'm hoping new owners would be willing to leave these fellas in place.
 
[quote author=Farkmaster link=topic=39787.msg1088717#msg1088717 date=1271408378]
[quote author=the count link=topic=39787.msg1088710#msg1088710 date=1271408155]
Don't you know that they will be looking to squeeze the very last cent out of the sale irrespective who the buyes is.
[/quote]

So they are businessmen who aren't guided primarily by some sort of moral compass?

I'm fucking shocked.
[/quote]

I think you are missing my point Fark, either deleberately or otherwise.
 
[quote author=the count link=topic=39787.msg1088724#msg1088724 date=1271408811]
[quote author=Farkmaster link=topic=39787.msg1088717#msg1088717 date=1271408378]
[quote author=the count link=topic=39787.msg1088710#msg1088710 date=1271408155]
Don't you know that they will be looking to squeeze the very last cent out of the sale irrespective who the buyes is.
[/quote]

So they are businessmen who aren't guided primarily by some sort of moral compass?

I'm fucking shocked.
[/quote]

I think you are missing my point Fark, either deleberately or otherwise.
[/quote]

It is feasible that a fair amount of control over the price and the identity of the new owner has passed out of the hands of H&G and into those of the banks and the new Chairman. So, despite the obvious desire to grab every last cent and disappear, they may have little choice in the end; remembering of course that every day lost in securing a sale is costing them money in interest charges because as the debt rises against the club the sale price (probably) goes down.
 
Are there no ludicrously rich British or Irish people who'd like to nurture our historic club?
 
Whilst this is a step in the right direction let's not forget that Hicks & Gillett will look to sell to the highest bidder. That doesn't necessarily mean we'll get the right people. Fingers crossed we do
 
Unless the fans buy the club themselves, we're pretty much helpless as far as the identity of the next owner is concerned. It's a lottery, and we could win or lose accordingly. Hopefully the PL's 'fit and proper owner' rules will weed out the really bad ones.
 
[quote author=TheBunnyman link=topic=39787.msg1088744#msg1088744 date=1271411439]
Unless the fans buy the club themselves, we're pretty much helpless as far as the identity of the next owner is concerned. It's a lottery, and we could win or lose accordingly. Hopefully the PL's 'fit and proper owner' rules will weed out the really bad ones.

[/quote]

Like they did Shinawatra. 😀
 
[quote author=TheBunnyman link=topic=39787.msg1088702#msg1088702 date=1271407382]
[quote author=Rafa4PM link=topic=39787.msg1088688#msg1088688 date=1271406004]
Syrian set for Reds takeover
Friday 16th April 2010 8:59


Syrian businessman Yahya Kirdi claims he is in advanced talks to buy Liverpool in a deal that will have "massive implications" for the club.

Reds co-owners Tom Hicks and George Gillett are reported to be finally willing to sell their stake in the club after hiring Barclays Capital to find new owners.

A number of potential investors have been linked with a move for the Anfield outfit and now former Syria international Kirdi is ready to end Hicks and Gillett's time on Merseyside.

Former Celtic player Andy Lynch has been brought in by Kirdi to act as a go-between in the deal and he is hopeful a takeover could be completed soon.

"Talks are on-going with Tom Hicks and George Gillett and are at an advanced stage," Lynch told the Daily Mirror.

"The planned buy-out will have massive implications for Liverpool. Liverpool aren't the force they were so this is just what they need.

"I've been to Anfield on business recently and I'm acting as the go-between in the whole deal.

"Hopefully it's not too much longer before it's all done and dusted."

[/quote]

Sounds extremely dodgy to me.
[/quote]

From the Mirror (check the bit in bold)...

A former Syrian international claims to be close to buying Liverpool.

Talks between businessman Yahya Kirdi and Anfield owners George Gillett and Tom Hicks are alleged to be at an “advanced stageâ€.

Former Celtic captain Andy Lynch, a one-time team-mate of Anfield legend Kenny Dalglish, says he has been brought on board by the Gulf-based millionaire, who is fronting up the bid, which has the backing of one of the UAE’s ruling families.

Kirdi knows Gillett and his son Foster and attended Liverpool’s match at Stoke in January, but the Americans say they are not in takeover talks with any group.


But Lynch, who has visited Anfield with Kirdi, said: “Talks are on-going with Tom Hicks and George Gillett and are at an advanced stage.

“The planned buy-out will have massive implications for Liverpool. Liverpool aren’t the force they were so this is just what they need.â€

In another twist, Rafa Benitez’s agent claims an unnamed Chinese group want to buy the club – but only if the Spaniard is kept on as manager.

Manuel Garcia Quilon said: “The Chinese have an interest because they have called Rafa and told him that their condition for buying the club is that he stays as coach.â€

Sound a bit better?
 
[quote author=TheBunnyman link=topic=39787.msg1088744#msg1088744 date=1271411439]
Unless the fans buy the club themselves, we're pretty much helpless as far as the identity of the next owner is concerned. It's a lottery, and we could win or lose accordingly. Hopefully the PL's 'fit and proper owner' rules will weed out the really bad ones.

[/quote]

I hear passing a medical at our club is a more stringent test.
 
fcuking lovely to see, bbc news - its been confirmed liverpool football club has been put up for sale, the asking price 237 million

did i hear that number correctly?
 
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