Broughton that is....
Should we not be hearing about the final tenders by now? Its all very quiet.
Should we not be hearing about the final tenders by now? Its all very quiet.
He did say July didn't he?
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I wouldn't expect firm info.anyway until there's a firm offer or offers, certainly not officially from the club.
He said the bids should be in by July, and a deal should (hopefully) be done before the end of August
I read somewhere that he said there is no minimum offer limit, in other words its so bad you could buy it for a pound as long as you could take on the debt without plunging the club into administration. I cant find the flipping interview now but if that is true then i'd have thought we'd have seen some action takeover wise. There been lote of squad trimming and freebies arriving but ... It just all seems a bit quiet to me.
Maybe somebody else should be brought on.
Maybe somebody else should be brought on.
B
bkwitche2
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[quote author=Hardcastle link=topic=41220.msg1145997#msg1145997 date=1280580795]
The calm before the storm?
I expect something to begin picking up momentum by the start of the new season.
[/quote]
I honestly have no expectations. We've been lied upon in regards tot his situation too many times. Lied to by the club officials, lied to by people claiming to 'know someone who knows someone'.
If anything other than the club going under eventually happens, I'll be pleasantly surprised.
The calm before the storm?
I expect something to begin picking up momentum by the start of the new season.
[/quote]
I honestly have no expectations. We've been lied upon in regards tot his situation too many times. Lied to by the club officials, lied to by people claiming to 'know someone who knows someone'.
If anything other than the club going under eventually happens, I'll be pleasantly surprised.
Final tenders?
After the bids have been tabled two weeks ago? Are you for real?!
There's an investment banker on another site who reckons for any business the size of LFC you're looking at three months minimum from when bids have to be tabled when following normal sale procedures. We're effectively in a long & complex auction process.
He estimates that by end of August they'd have two bidders in talks about possible due diligence/fully opening the books. Even at that stage we wouldnt be publicly told who they were, & then that stage can be lengthened further by any number of things.
To say 'final tenders' at this stage is exceptionally unrealistic.
After the bids have been tabled two weeks ago? Are you for real?!
There's an investment banker on another site who reckons for any business the size of LFC you're looking at three months minimum from when bids have to be tabled when following normal sale procedures. We're effectively in a long & complex auction process.
He estimates that by end of August they'd have two bidders in talks about possible due diligence/fully opening the books. Even at that stage we wouldnt be publicly told who they were, & then that stage can be lengthened further by any number of things.
To say 'final tenders' at this stage is exceptionally unrealistic.
Yeah, but Jon it is after all our God given right as Liverpool supporters to know everything always! Personally I think it's outrageous that the new multi billionaire owners haven't been announced and already pumped £10 billion into us. I demand a news conference this time Monday to announce the sale and the signings Of Aguero, Ozil, Ashley Cole!!!!
Liverpool chairman Martin Broughton is hoping to sell the club by the end of the summer transfer window, reports BBC Sport.
Broughton, hired by current owners Tom Hicks and George Gillett to oversee the sale process, said he expected bidding to begin in the middle of this month (July).
"There have been no offers at this stage," he admitted. "But we're hopeful a deal can be done by the end of the transfer season (on 31 August)."
Broughton, hired by current owners Tom Hicks and George Gillett to oversee the sale process, said he expected bidding to begin in the middle of this month (July).
"There have been no offers at this stage," he admitted. "But we're hopeful a deal can be done by the end of the transfer season (on 31 August)."
Just our luck to get new investors in when the transfer window closes.
They will be sitting on 100 Million of transfer funds for a year until summers around again.
But they could at least make a start on the new stadium.
and to finish my dream, the clones of Daglish and Rush and Barnes and Fowler will be fully formed then too, Oh and Paisley and Shanks!
They will be sitting on 100 Million of transfer funds for a year until summers around again.
But they could at least make a start on the new stadium.
and to finish my dream, the clones of Daglish and Rush and Barnes and Fowler will be fully formed then too, Oh and Paisley and Shanks!
[quote author=Molbystwin link=topic=41220.msg1146001#msg1146001 date=1280581182]
I read somewhere that he said there is no minimum offer limit, in other words its so bad you could buy it for a pound as long as you could take on the debt without plunging the club into administration. I cant find the flipping interview now but if that is true then i'd have thought we'd have seen some action takeover wise. There been lote of squad trimming and freebies arriving but ... It just all seems a bit quiet to me.
Maybe somebody else should be brought on.
[/quote]
Absolutely no way the Americans will sell without making a profit.
I read somewhere that he said there is no minimum offer limit, in other words its so bad you could buy it for a pound as long as you could take on the debt without plunging the club into administration. I cant find the flipping interview now but if that is true then i'd have thought we'd have seen some action takeover wise. There been lote of squad trimming and freebies arriving but ... It just all seems a bit quiet to me.
Maybe somebody else should be brought on.
[/quote]
Absolutely no way the Americans will sell without making a profit.
A mystery Syrian businessman has emerged as a surprise contender to buy Liverpool. Former Syrian international footballer Yahya Kirdi, who claims to be fronting a consortium of Arab investors, is in talks with Reds owner George Gillett. (Sunday Times, business section)
[quote author=Hansern link=topic=41220.msg1146213#msg1146213 date=1280648631]
A mystery Syrian businessman has emerged as a surprise contender to buy Liverpool. Former Syrian international footballer Yahya Kirdi, who claims to be fronting a consortium of Arab investors, is in talks with Reds owner George Gillett. (Sunday Times, business section)
[/quote]
That's an old story, no?
A mystery Syrian businessman has emerged as a surprise contender to buy Liverpool. Former Syrian international footballer Yahya Kirdi, who claims to be fronting a consortium of Arab investors, is in talks with Reds owner George Gillett. (Sunday Times, business section)
[/quote]
That's an old story, no?
[quote author=juniormember link=topic=41220.msg1146139#msg1146139 date=1280611113]
[quote author=Molbystwin link=topic=41220.msg1146001#msg1146001 date=1280581182]
I read somewhere that he said there is no minimum offer limit, in other words its so bad you could buy it for a pound as long as you could take on the debt without plunging the club into administration. I cant find the flipping interview now but if that is true then i'd have thought we'd have seen some action takeover wise. There been lote of squad trimming and freebies arriving but ... It just all seems a bit quiet to me.
Maybe somebody else should be brought on.
[/quote]
Absolutely no way the Americans will sell without making a profit.
[/quote]
If the final decision were left entirely up to them then of course they wouldn't, but I doubt it will be now. The banks will have an input into the decision even if they're not ultimately the ones who take it.
[quote author=Molbystwin link=topic=41220.msg1146001#msg1146001 date=1280581182]
I read somewhere that he said there is no minimum offer limit, in other words its so bad you could buy it for a pound as long as you could take on the debt without plunging the club into administration. I cant find the flipping interview now but if that is true then i'd have thought we'd have seen some action takeover wise. There been lote of squad trimming and freebies arriving but ... It just all seems a bit quiet to me.
Maybe somebody else should be brought on.
[/quote]
Absolutely no way the Americans will sell without making a profit.
[/quote]
If the final decision were left entirely up to them then of course they wouldn't, but I doubt it will be now. The banks will have an input into the decision even if they're not ultimately the ones who take it.
It sounds like an old story because if you look further into the article it says theyve had advanced talks before only for Gillett to renege on his end of the deal. It sounds too much like the same old shite all over again to me, were we not told when Broughton arrived that he was the main man now in charge of the sale? Its confusing, as for the americans not
leaving without a profit they will not have a choice, already the situation now is that the debt burden has grown so big that no possible profits from the club could even meet the interest payments even if we get back into the champs league. The 600 to 800 M stance is not going to fly, the club is currently worth slightly less than all the debts placed upon it, if they break even they will have done well.
leaving without a profit they will not have a choice, already the situation now is that the debt burden has grown so big that no possible profits from the club could even meet the interest payments even if we get back into the champs league. The 600 to 800 M stance is not going to fly, the club is currently worth slightly less than all the debts placed upon it, if they break even they will have done well.
No way that G&H are going to make a profit let alone break even. This economic climate is still not conducive to capital investment on the scale that the Americans anticipated. Not only is it pure fantasy but there's very few people with pockets so deep!
We live in hope rather than expectation but somethings gotta give. Sooner rather than later!
We live in hope rather than expectation but somethings gotta give. Sooner rather than later!
[quote author=Avmenon link=topic=41220.msg1146316#msg1146316 date=1280665241]
They're going to make a profit, but it probably wont be at the levels they expect.
[/quote]
I really hope they get burned, not just because it would be a pleasing piece of justice but basically any profit they make from us we are going to have to pay for in future as we pay off the new bunches loans for them! We fucking need that stadium big time.
They're going to make a profit, but it probably wont be at the levels they expect.
[/quote]
I really hope they get burned, not just because it would be a pleasing piece of justice but basically any profit they make from us we are going to have to pay for in future as we pay off the new bunches loans for them! We fucking need that stadium big time.
[quote author=Hansern link=topic=41220.msg1146213#msg1146213 date=1280648631]
A mystery Syrian businessman has emerged as a surprise contender to buy Liverpool. Former Syrian international footballer Yahya Kirdi, who claims to be fronting a consortium of Arab investors, is in talks with Reds owner George Gillett. (Sunday Times, business section)
[/quote]
Not much of a mystery if they say his name in the following sentence really.
A mystery Syrian businessman has emerged as a surprise contender to buy Liverpool. Former Syrian international footballer Yahya Kirdi, who claims to be fronting a consortium of Arab investors, is in talks with Reds owner George Gillett. (Sunday Times, business section)
[/quote]
Not much of a mystery if they say his name in the following sentence really.
Huang is meant to be negotiating With RBS.
Former Wall Street broker Kenneth Huang is believed to be in talks with RBS over buying Liverpool FC, according to reports tonight.
The Times reports that Huang is backed by one of the largest sovereign wealth funds in the Far East and is determined to gain control of the club before the transfer window close at the end of the month.
Anfield Road website writes:
Huang will not be relying on his own wealth for the deal and for the backing of the club in what it needs to get back on track, but he is determined to prevent the current management from allowing the club to go any further off course as he tries to close the deal. The Times report that he has already approached key figures at Anfield to try and prevent an exodus of players. Fernando Torres is named as a player requested not to make a decision on his future ahead of this potential takeover.
Huang was linked with a bid for the Club in April, when he was quoted as saying:
“Negotiations have taken place over the last few months and we are at a crucial stage. I really hope it turns out to be a successful bid. Right now my audit team is examining the books and my legal team is in close contact with theirs. We have a fierce competitor in the Middle East, but it could be finalised in June.â€
Fingers crossed.
The Times reports that Huang is backed by one of the largest sovereign wealth funds in the Far East and is determined to gain control of the club before the transfer window close at the end of the month.
Anfield Road website writes:
Huang will not be relying on his own wealth for the deal and for the backing of the club in what it needs to get back on track, but he is determined to prevent the current management from allowing the club to go any further off course as he tries to close the deal. The Times report that he has already approached key figures at Anfield to try and prevent an exodus of players. Fernando Torres is named as a player requested not to make a decision on his future ahead of this potential takeover.
Huang was linked with a bid for the Club in April, when he was quoted as saying:
“Negotiations have taken place over the last few months and we are at a crucial stage. I really hope it turns out to be a successful bid. Right now my audit team is examining the books and my legal team is in close contact with theirs. We have a fierce competitor in the Middle East, but it could be finalised in June.â€
Fingers crossed.
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