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El Nino wants new owners

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A contentious scando
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Liverpool rejected summer offers for Spaniard's services

"It is fundamental new owners arrive that can make us a competitive side," he told Spanish radio station Cadena Cope.
Delicate situation

"We're not that far behind. We had an appalling season last time around, but the year before we were just four points from Manchester United.

"Hopefully we can find a consortium that buys the club and can make Liverpool able to fight financially with Chelsea and United.

"Then let's see what we're capable of doing this season. Liverpool kept Steven Gerrard which is fundamental. It's still a great team.

"It's a delicate situation because we are not in the Champions League, but it is still the biggest club in England and to play at Anfield every week is a privilege.

"That's how I see it. I like to have targets, and to be able to help bring Liverpool back where they deserve is a beautiful target.

Complicated

"It is always complicated when you start with a new manager and new players, but we'll see what we are capable of."

Torres has also revealed that Liverpool rejected bids for his services in the summer transfer market.

"The club received offers and decided to reject them," he said. "That's where it ends. Everyone thought I was leaving for Spain during the World Cup when there was nothing in it.

"I said the day I returned to train that my future was at Liverpool. I have a contract until 2013.

"This year our target has to be the top four. Like every team-mate, we all want to improve and win titles and for that it is fundamental we get new owners."
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He says the right things but I still don't like the way he kept us on the edge of our seats the entire summer.
 
[quote author=Avmenon link=topic=41721.msg1168319#msg1168319 date=1283326158]
His English is actually quite good;I'm not sure how good it was when he arrived tho.
[/quote]

Isn't it translated?
 
Another positive interview slaying many a copywriter's next buillshit Torres shock/horror headline (bet this doesn't make the back page) ........ at least he's looking at the big picture and long term (beyond this season) - fingers crossed he's with us for many more seasons.
 
Torres is spot on. He wants exactly what we want in order to progress.

Things seem very quiet on the ownership front. What's the word on the street.
 
yeh, if g&h are allowed to refinance we're royally fucked. It would be a disaster
 
the refinancing is looking likely to happen. RBS and Broughton were actually spot on with the chinese by calling their bluff.
 
[quote author=RMA link=topic=41721.msg1168694#msg1168694 date=1283356548]
the refinancing is looking likely to happen. RBS and Broughton were actually spot on with the chinese by calling their bluff.
[/quote]

Refinancing? Wow, what a fucking *surprise*.
 
[quote author=Brendan link=topic=41721.msg1168715#msg1168715 date=1283358836]
[quote author=RMA link=topic=41721.msg1168694#msg1168694 date=1283356548]
the refinancing is looking likely to happen. RBS and Broughton were actually spot on with the chinese by calling their bluff.
[/quote]

Refinancing? Wow, what a fucking *surprise*.
[/quote]

Yea i know. not what we were hoping at all. But in the long run i believe they will be more receptive to do a deal on their own rather than be forced to do one by RBS/Barcap and walking away with nothing.

Wonder what their new valuation of the club will be?
 
Who in their right mind would loan more money to people who are struggling to pay their debts now? Pah, as if that would ever happen in the world of finance. Come on now - I mean as IF.
 
They're hanging on - or trying to (please GOD they don't succeed) - till the new TV deal kicks in and they can cash their chips. As long as they're there, the value of the club will continue to fall and in the process will slip further below a level they'd find acceptable. Why would it be a good thing either for RBS or for us if that happens?
 
[quote author=spider-neil link=topic=41721.msg1168720#msg1168720 date=1283359112]
so much for the people who said no bank would be daft enough to refinance the loan.
[/quote]

It hasn't happened yet.
 
[quote author=Sunny link=topic=41721.msg1168722#msg1168722 date=1283359270]
Who in their right mind would loan more money to people who are struggling to pay their debts now? Pah, as if that would ever happen in the world of finance. Come on now - I mean as IF.
[/quote]

On that basis no debts would ever get called in. There does come a point when creditors have to ask what chance they've got of seeing their money again. The CEO of RBS is already on record as saying they lent Statler and Waldorf too much in the first place.
 
[quote author=Judge Jules link=topic=41721.msg1168724#msg1168724 date=1283359375]
[quote author=spider-neil link=topic=41721.msg1168720#msg1168720 date=1283359112]
so much for the people who said no bank would be daft enough to refinance the loan.
[/quote]

It hasn't happened yet.
[/quote]

Seeing as one has just been declared bankrupt in the US, I doubt it will either 🙂
 
[quote author=Sunny link=topic=41721.msg1168722#msg1168722 date=1283359270]
Who in their right mind would loan more money to people who are struggling to pay their debts now? Pah, as if that would ever happen in the world of finance. Come on now - I mean as IF.
[/quote]

my sarcasm sense is tingling
 
As far as I'm concerned that's a big fat NO. KMA thinks it would make them more cooperative with the process of finding new owners. I don't. In fact it could have the opposite effect by making it easier for them to hang on until a time of their choosing, whatever else others may be trying to achieve around them. Fingers and everything else crossed that doesn't happen.
 
Nice to see your senses working Neil, unlike JJ 🙂 And no, no positives at all to a refinance.
 
Can't see the refinancing bit happen to be honest. Hasn't the board already knocked back several attempts from H&G regarding refinancing.


Hopefully nothing happens until the 6th of October and RBS can do this their way, if they have the balls.
 
[quote author=Sunny link=topic=41721.msg1168733#msg1168733 date=1283359881]
Nice to see your senses working Neil, unlike JJ 🙂 And no, no positives at all to a refinance.

[/quote]

The sarcasm was clear enough, mate, just totally misdirected.
 
Nope no positives at all.

When i said that they would b emore receptive to sell after a refinance, i meant that with the cost of the new loan, there is no way LFC will work as a viable business entity. LFC is already over leveraged, anything more and the interest payments are going to go through the roof!

They will be more receptive to do a deal because at the end of it they can dictate the profit level they want to achieve. The Huang bid was accepted in principal but the chinese were not able to prove their ability to perform. We hopefully still have 5 weeks to get a deal accepted.
 
Well pardon me for not being serious. But being serious for a minute, banks have shown they're quite willing to make stupid decisions born out of their immense greed
 
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