Hicks: Club in healthy financial state
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So the pain goes on for another season
no mention of summer budget?
[quote author=DHSC link=topic=40392.msg1109293#msg1109293 date=1274892522]
[quote author=Skullflower link=topic=40392.msg1109289#msg1109289 date=1274892165]
no mention of summer budget?
[/quote]
You can't mention something if it's not there.
[/quote]
that's what i'm driving at.
[quote author=Skullflower link=topic=40392.msg1109289#msg1109289 date=1274892165]
no mention of summer budget?
[/quote]
You can't mention something if it's not there.
[/quote]
that's what i'm driving at.
Hicks - Top talent will stay
By Chris Burton Last updated: 26th May 2010
The truth is that the club is a lot better off than it was three years ago.
Liverpool co-owner Tom Hicks insists the club will not be selling the likes of Steven Gerrard and Fernando Torres this summer.
A disappointing showing in the 2009/10 campaign has left the red half of Merseyside fuming, with many feeling the current American owners have failed to back manager Rafa Benitez in the transfer market.
Spiralling debts have also caused concern, with it suggested that sales may be necessary this year to help balance the books.
Amid mounting criticism, Hicks and business partner George Gillett have put the club up for sale, with former owner David Moores calling for the pair to sell up quickly on Wednesday.
Hicks, though, is adamant that Liverpool are in better financial health than is often reported and claims there is no chance of them offloading their star men over the coming months.
"We have no intention of selling any of our top players," he told Sky Sports News.
"We have a substantial transfer budget in place. There is so much misinformation about transfer spending - it has more then doubled under the ownership of George and myself over the past three years.
"We will make a considerable investment this summer, but it is really about getting the right players."
Better off
Hicks has also responded to the calls for a sale to be pushed through by revealing that he expects a takeover to be completed by the end of 2010.
He claims there is no rush for a deal to be put in place, though, with it imperative that Liverpool find the right buyer to help take the club forward.
"We will sell the club but it is about selling to the right group, at the right price, at the right time and in the right way," said Hicks.
"We will do it in a thoughtful way and try to find the right man for Liverpool Football Club. We hope it will be done by the end of the calendar year, but I don't anticipate that it would be before the start of the next season.
"I think between £600-800million is a realistic value range, but the market is the market. We are more concerned about finding the right next owner, someone who can make the investment in the club, get the stadium built and let Liverpool Football Club be the best club in the world.
"The stadium is fully designed now and the financing markets are backed, so the change of ownership will be able to have the stadium built."
He added: "There has been so much misinformation put out by people who have their own agendas and it's unfortunate, but that's just the way it is. The truth is that the club is a lot better off than it was three years ago.
"We are all disappointed with where we finished this year, but people forget we almost won the Premier League last year.
"We had injuries and we had players who performed below their level of expectation. Hopefully we will get that fixed in time for the new season."
By Chris Burton Last updated: 26th May 2010
The truth is that the club is a lot better off than it was three years ago.
Liverpool co-owner Tom Hicks insists the club will not be selling the likes of Steven Gerrard and Fernando Torres this summer.
A disappointing showing in the 2009/10 campaign has left the red half of Merseyside fuming, with many feeling the current American owners have failed to back manager Rafa Benitez in the transfer market.
Spiralling debts have also caused concern, with it suggested that sales may be necessary this year to help balance the books.
Amid mounting criticism, Hicks and business partner George Gillett have put the club up for sale, with former owner David Moores calling for the pair to sell up quickly on Wednesday.
Hicks, though, is adamant that Liverpool are in better financial health than is often reported and claims there is no chance of them offloading their star men over the coming months.
"We have no intention of selling any of our top players," he told Sky Sports News.
"We have a substantial transfer budget in place. There is so much misinformation about transfer spending - it has more then doubled under the ownership of George and myself over the past three years.
"We will make a considerable investment this summer, but it is really about getting the right players."
Better off
Hicks has also responded to the calls for a sale to be pushed through by revealing that he expects a takeover to be completed by the end of 2010.
He claims there is no rush for a deal to be put in place, though, with it imperative that Liverpool find the right buyer to help take the club forward.
"We will sell the club but it is about selling to the right group, at the right price, at the right time and in the right way," said Hicks.
"We will do it in a thoughtful way and try to find the right man for Liverpool Football Club. We hope it will be done by the end of the calendar year, but I don't anticipate that it would be before the start of the next season.
"I think between £600-800million is a realistic value range, but the market is the market. We are more concerned about finding the right next owner, someone who can make the investment in the club, get the stadium built and let Liverpool Football Club be the best club in the world.
"The stadium is fully designed now and the financing markets are backed, so the change of ownership will be able to have the stadium built."
He added: "There has been so much misinformation put out by people who have their own agendas and it's unfortunate, but that's just the way it is. The truth is that the club is a lot better off than it was three years ago.
"We are all disappointed with where we finished this year, but people forget we almost won the Premier League last year.
"We had injuries and we had players who performed below their level of expectation. Hopefully we will get that fixed in time for the new season."
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S
Squiggles
Guest
Well he said in January that we would spend "big" this summer.
He's now said we'll make "substantial investment".
I hardly hold him to his word on anything, but let's face it, we need to cling onto something, so hopefully he's being straight.
He's now said we'll make "substantial investment".
I hardly hold him to his word on anything, but let's face it, we need to cling onto something, so hopefully he's being straight.
his valuation of the club is an americanism.
Blimey squiggs, that's a pretty gargantuan leap of faith there
S
Squiggles
Guest
[quote author=Brendan link=topic=40392.msg1109319#msg1109319 date=1274897922]
Blimey squiggs, that's a pretty gargantuan leap of faith there
[/quote]
I can't spend the summer thinking we're only going to sign shit Serbian players from shit leagues.
Realistically this squad needs 50M gross spent on it. If we get close to half of that I'll look back and be content with his statements.
I'm setting myself up for a fall, aren't I?
Blimey squiggs, that's a pretty gargantuan leap of faith there
[/quote]
I can't spend the summer thinking we're only going to sign shit Serbian players from shit leagues.
Realistically this squad needs 50M gross spent on it. If we get close to half of that I'll look back and be content with his statements.
I'm setting myself up for a fall, aren't I?
torres has just said he won't think about his future til after the WC, according to sky sports.
Well, he has a right to reply , and I suppose the right to keep to himself some of the figures and the detail he has spoken of.
However it would be nice in this situation for him to substantiate what he is saying.
I read somewhere else last week that the debt repayments are not what are commonly being bandied around.
So come on Tom, cards on the table, show someone your figures.
regards
However it would be nice in this situation for him to substantiate what he is saying.
I read somewhere else last week that the debt repayments are not what are commonly being bandied around.
So come on Tom, cards on the table, show someone your figures.
regards
[quote author=Vlads Quiff link=topic=40392.msg1109474#msg1109474 date=1274948489]
Well, he has a right to reply , and I suppose the right to keep to himself some of the figures and the detail he has spoken of.
However it would be nice in this situation for him to substantiate what he is saying.
I read somewhere else last week that the debt repayments are not what are commonly being bandied around.
So come on Tom, cards on the table, show someone your figures.
regards
[/quote]
Same here Vlad (allthough i'm too ashamed to say where i read this article).
It would be useful if we knew exactly what the score is with our debt situation. At the moment the figures being reported in the media differ hugely.
Well, he has a right to reply , and I suppose the right to keep to himself some of the figures and the detail he has spoken of.
However it would be nice in this situation for him to substantiate what he is saying.
I read somewhere else last week that the debt repayments are not what are commonly being bandied around.
So come on Tom, cards on the table, show someone your figures.
regards
[/quote]
Same here Vlad (allthough i'm too ashamed to say where i read this article).
It would be useful if we knew exactly what the score is with our debt situation. At the moment the figures being reported in the media differ hugely.
[quote author=Rafa4PM link=topic=40392.msg1109484#msg1109484 date=1274949676]
[quote author=Vlads Quiff link=topic=40392.msg1109474#msg1109474 date=1274948489]
Well, he has a right to reply , and I suppose the right to keep to himself some of the figures and the detail he has spoken of.
However it would be nice in this situation for him to substantiate what he is saying.
I read somewhere else last week that the debt repayments are not what are commonly being bandied around.
So come on Tom, cards on the table, show someone your figures.
regards
[/quote]
Same here Vlad (allthough i'm too ashamed to say where i read this article).
[/quote]
Shhhhhhh quiet you bloody fool!!! :-X
regards
[quote author=Vlads Quiff link=topic=40392.msg1109474#msg1109474 date=1274948489]
Well, he has a right to reply , and I suppose the right to keep to himself some of the figures and the detail he has spoken of.
However it would be nice in this situation for him to substantiate what he is saying.
I read somewhere else last week that the debt repayments are not what are commonly being bandied around.
So come on Tom, cards on the table, show someone your figures.
regards
[/quote]
Same here Vlad (allthough i'm too ashamed to say where i read this article).
[/quote]
Shhhhhhh quiet you bloody fool!!! :-X
regards
[quote author=Rafa4PM link=topic=40392.msg1109488#msg1109488 date=1274949957]
Ha.
Sorry Vlad.
[/quote]
admit it rafa4m, you're sun reader 😉
Ha.
Sorry Vlad.
[/quote]
admit it rafa4m, you're sun reader 😉
Weird. Spider typed the word Sun and the word filter didn't catch it.
[quote author=Skullflower link=topic=40392.msg1109361#msg1109361 date=1274901663]
Rafa Benitez Dancing on Stage and News Story (Liverpool Football Club) Sky Sports News SSN HD
[/quote]
Jesus Christ, what was he thinking?
Rafa Benitez Dancing on Stage and News Story (Liverpool Football Club) Sky Sports News SSN HD
[/quote]
Jesus Christ, what was he thinking?
[quote author=Stulikesdrums link=topic=40392.msg1109499#msg1109499 date=1274952250]
Weird. Spider typed the word S** and the word filter didn't catch it.
[/quote]
The weird thing is he didn't manage to spell it wrong.
Weird. Spider typed the word S** and the word filter didn't catch it.
[/quote]
The weird thing is he didn't manage to spell it wrong.
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