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Latest Investment News/ bullshit/ speculation/ fervent prayers

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[quote author=themn link=topic=40503.msg1115370#msg1115370 date=1275958262]
Original or "re-boot" ?

I hope that makes sense.
[/quote]

Original.
 
[quote author=gene hughes link=topic=40503.msg1115371#msg1115371 date=1275958515]
It's me mate. That's the pic I use on my business cards and stationary.
[/quote]

You don't appear to have a body.
 
[quote author=ILD link=topic=40503.msg1115376#msg1115376 date=1275959556]
[quote author=themn link=topic=40503.msg1115370#msg1115370 date=1275958262]
Original or "re-boot" ?

I hope that makes sense.
[/quote]

Original.
[/quote]
Hmmmm, don't think so.

l361764830000_1_10962.jpg
 
Tom Hicks has allegedly scuppered at least two 'perfect fit' offers for Liverpool, because of his unreasonable asking price.

Sources at Barclays Capital, who have been charged with selling the Anfield club, have revealed their private frustration at the American owner's unyielding stance in negotiations.

An insider revealed to the Mirror that they have found "exciting investors" they believe have the money and standing to buy the club and take them forward, despite the massive debts run up by Hicks and Gillett. One of the offers has come from the Middle East, and another is a consortium led by a prominent American businessman.

But, so far, the staggering valuation of almost £800million placed on Liverpool by their Texan co-owner has proved an insurmountable stumbling block, because potential buyers are refusing to pay his price.

A source working on the sale of the Merseyside club for BarCap revealed privately: "We have found more than one really good fit investors, who have the wealth not to worry about a few hundred million quid.

"But they will not be held to ransom, because they know the asking price is unreasonable, and they simply don't want to be taken for a ride, no matter how rich they are."

There is a growing fear amongst those close to the deal that Hicks' business empire has been suffering in the global economic crisis, and that is motivating his hard-line stance over a price.

But it is claimed that BarCap are losing patience with the valuation, even though they accept that the sales document put together by the club makes impressive reading.

A source for the investment firm suggested that the figures 'add up', even before a new stadium is being built, but that has persuaded Hicks to hold out for more money.

His partner, George Gillett, is willing to accept a more reasonable offer to enable him to get out of the club, and escape the angry campaign against them from disenchanted supporters.

Hicks though, remains the massive obstacle to the deal, and that could persuade the club's lenders the Royal Bank of Scotland, to step in and take action.

The RBS have given an undertaking to extend their current loan of £237million to the Americans for another 12 months.

But worried by reports from BarCap about the difficulty in finding the right price to tempt a buyer, the bank are considering making an ultimatum to Hicks and Gillett.

The RBS are increasingly frustrated at the process, and sources close to the deal are suggesting there is a chance they will offer the Americans an ultimatum of finding a buyer "within months", or they will pull the plug on the loans.
 
[quote author=KingDing link=topic=40503.msg1115421#msg1115421 date=1275981053]
Tom Hicks has allegedly scuppered at least two 'perfect fit' offers for Liverpool, because of his unreasonable asking price.

Sources at Barclays Capital, who have been charged with selling the Anfield club, have revealed their private frustration at the American owner's unyielding stance in negotiations.

An insider revealed to the Mirror that they have found "exciting investors" they believe have the money and standing to buy the club and take them forward, despite the massive debts run up by Hicks and Gillett. One of the offers has come from the Middle East, and another is a consortium led by a prominent American businessman.

But, so far, the staggering valuation of almost £800million placed on Liverpool by their Texan co-owner has proved an insurmountable stumbling block, because potential buyers are refusing to pay his price.

A source working on the sale of the Merseyside club for BarCap revealed privately: "We have found more than one really good fit investors, who have the wealth not to worry about a few hundred million quid.

"But they will not be held to ransom, because they know the asking price is unreasonable, and they simply don't want to be taken for a ride, no matter how rich they are."

There is a growing fear amongst those close to the deal that Hicks' business empire has been suffering in the global economic crisis, and that is motivating his hard-line stance over a price.

But it is claimed that BarCap are losing patience with the valuation, even though they accept that the sales document put together by the club makes impressive reading.

A source for the investment firm suggested that the figures 'add up', even before a new stadium is being built, but that has persuaded Hicks to hold out for more money.

His partner, George Gillett, is willing to accept a more reasonable offer to enable him to get out of the club, and escape the angry campaign against them from disenchanted supporters.

Hicks though, remains the massive obstacle to the deal, and that could persuade the club's lenders the Royal Bank of Scotland, to step in and take action.

The RBS have given an undertaking to extend their current loan of £237million to the Americans for another 12 months.

But worried by reports from BarCap about the difficulty in finding the right price to tempt a buyer, the bank are considering making an ultimatum to Hicks and Gillett.

The RBS are increasingly frustrated at the process, and sources close to the deal are suggesting there is a chance they will offer the Americans an ultimatum of finding a buyer "within months", or they will pull the plug on the loans.
[/quote]Oyyyy that's my avatar buggerlugs!
 
[quote author=SummerOnions link=topic=40503.msg1115342#msg1115342 date=1275953563]
Why would they want to? They're milking the interest, and they can make us sell players to get it. Is it in their interest to be rid of them?
[/quote]

that's what I don't get, they are getting vast sums of interest which is being meet so why pull the plug?
 
Hopefully this puts even more pressure on Hicks. He's a stubborn man that cunt.
 
[quote author=zlatan18 link=topic=40503.msg1115610#msg1115610 date=1276005735]
Hicks is a fucking tool
[/quote]

Yes, yes he jolly well is.
 
Maddock; wonder whats gotten in to him today..

Today this column has a message for the RBS and Barclays Capital: Stop being a bunch of bankers.

In the latest MirrorFootball exclusive this week, we revealed that two promising offers to buy Liverpool Football Club have got precisely nowhere because of unrealistic demands from the English club’s American owners.

Hicks scuppers two 'perfect fit' offers for Liverpool - Exclusive

There is, apparently, frustration from Barclays Capital, the investment bankers who have been charged with selling the business, and growing impatience from RBS, the bank whose loans are currently keeping Tom Hicks and George Gillett afloat, about ridiculous valuations slowing the sales process.

Yet that is all there is – empty off the record words of frustration. And no action. And that is not good enough any more.

When Martin Broughton arrived as the chairman of Liverpool, he came with a promise that he held an independent position, which allowed him to accept any offer he deemed reasonable, above the heads of the Americans.

Those offers have now arrived, yet Hicks seems able to block the sale to potential buyers who are said to be ‘perfect fit partners’, and as usual, Gillett is indicating he would accept (just as he did two years ago with DIC), but then doing precisely nothing about it. Barclays, accordingly, are “frustratedâ€. But inactive.

RBS too, are quietly letting it be known they are getting impatient with the intransigence of the Americans, after soliciting a promise from them that they would look to sell quickly, following agreement for a 12 month extension to their £237million loans from the bank.

Yet - again - it seems the bank that is now actually owned by the British tax-payer is quite good at grumbling about unreasonable Yanks, but not so good at actually doing anything about them… except trousering huge profits from fees and interest.

It is a dangerous game though. Football is no ordinary business, where the balance sheet is the only consideration. The Americans may be the owners, but every fan is an emotional shareholder in Liverpool, and that makes this a very different transaction.

If RBS are not careful, they will do tremendous damage to their own business by tarnishing further their already tattered reputation.

Consider this. The banks have already been exposed for the greed which brought the world’s economy to its knees. There is already a real sense of anger and disgust directed towards them for the hardships we are now forced to endure because of their excesses.

Why? Well, a large part of it is because many banks acted so immorally in financing the very dubious practices pursued by those capitalist pirates the leveraged buyout merchants, who basically use a company’s own money to buy that business. It is legal robbery.

And what do we have here at Liverpool now? A bank still happy to allow such an immoral practice to continue. Hicks and Gillett have bought Liverpool without putting any of their own money in. Instead, they take out huge loans from the RBS, and use Liverpool’s profits to repay the interest.

But RBS must be warned, there is a massive backlash coming. The fans know that it is fundamentally wrong that a couple of Yanks can exploit the greed of a British bank to buy one of the world’s iconic football clubs using its own money.

It won’t take much of a step for people to make the very real connection between what is happening at Liverpool, and what has happened to bring the UK and, indeed, global economy to its knees.

Do RBS really want to be the bank that most closely associates itself with one of the most reprehensible features of the excesses of capitalism that has caused so much pain for the average citizen? Do RBS want their name synonymous with everything that is bad about banks? That seriously could happen because of a high profile case like Liverpool.

So what can they do about it? It is my understanding that even though the RBS agreed a 12 month extension to loans for the Americans in April (and even offered to increase the size of those loans to £300million), the deal has not been signed off.

So the bank we own can still go back on the deal. They can still say to Hicks and Gillett they have to sell up, otherwise they will call in the loans. They can insist that if there is a fit offer on the table it MUST be accepted.

The RBS can then become associated not with greed, but with a wider benevolence. They can be seen to be doing the right thing, for a wider interest than pure, unadulterated pursuit of profit.

In all honesty, can businesses like Liverpool carry debts approaching £400million for any length of time? Can one like Manchester United carry £1billion worth of debt? Nope. And the banks have to accept that eventually.

Let’s not get too carried away. Even if the offers on the table are accepted now, they’ll all still make a profit from the morally dubious business of leveraged buyouts, which one day may be seen to have been one of the most reprehensible features of capitalism’s excesses.

So it will still stink. But at least it will be over, and at least Liverpool can get back to the business of football. Surely, the positive publicity from being the bank that allows the club to do that, would be worth far more to the under fire RBS than any amount of short-term profit.
 
[quote author=Hansern link=topic=40503.msg1115768#msg1115768 date=1276023394]
Maddock; wonder whats gotten in to him today..

Today this column has a message for the RBS and Barclays Capital: Stop being a bunch of bankers.

In the latest MirrorFootball exclusive this week, we revealed that two promising offers to buy Liverpool Football Club have got precisely nowhere because of unrealistic demands from the English club’s American owners.

Hicks scuppers two 'perfect fit' offers for Liverpool - Exclusive

There is, apparently, frustration from Barclays Capital, the investment bankers who have been charged with selling the business, and growing impatience from RBS, the bank whose loans are currently keeping Tom Hicks and George Gillett afloat, about ridiculous valuations slowing the sales process.

Yet that is all there is – empty off the record words of frustration. And no action. And that is not good enough any more.

When Martin Broughton arrived as the chairman of Liverpool, he came with a promise that he held an independent position, which allowed him to accept any offer he deemed reasonable, above the heads of the Americans.

Those offers have now arrived, yet Hicks seems able to block the sale to potential buyers who are said to be ‘perfect fit partners’, and as usual, Gillett is indicating he would accept (just as he did two years ago with DIC), but then doing precisely nothing about it. Barclays, accordingly, are “frustratedâ€. But inactive.

RBS too, are quietly letting it be known they are getting impatient with the intransigence of the Americans, after soliciting a promise from them that they would look to sell quickly, following agreement for a 12 month extension to their £237million loans from the bank.

Yet - again - it seems the bank that is now actually owned by the British tax-payer is quite good at grumbling about unreasonable Yanks, but not so good at actually doing anything about them… except trousering huge profits from fees and interest.

It is a dangerous game though. Football is no ordinary business, where the balance sheet is the only consideration. The Americans may be the owners, but every fan is an emotional shareholder in Liverpool, and that makes this a very different transaction.

If RBS are not careful, they will do tremendous damage to their own business by tarnishing further their already tattered reputation.

Consider this. The banks have already been exposed for the greed which brought the world’s economy to its knees. There is already a real sense of anger and disgust directed towards them for the hardships we are now forced to endure because of their excesses.

Why? Well, a large part of it is because many banks acted so immorally in financing the very dubious practices pursued by those capitalist pirates the leveraged buyout merchants, who basically use a company’s own money to buy that business. It is legal robbery.

And what do we have here at Liverpool now? A bank still happy to allow such an immoral practice to continue. Hicks and Gillett have bought Liverpool without putting any of their own money in. Instead, they take out huge loans from the RBS, and use Liverpool’s profits to repay the interest.

But RBS must be warned, there is a massive backlash coming. The fans know that it is fundamentally wrong that a couple of Yanks can exploit the greed of a British bank to buy one of the world’s iconic football clubs using its own money.

It won’t take much of a step for people to make the very real connection between what is happening at Liverpool, and what has happened to bring the UK and, indeed, global economy to its knees.

Do RBS really want to be the bank that most closely associates itself with one of the most reprehensible features of the excesses of capitalism that has caused so much pain for the average citizen? Do RBS want their name synonymous with everything that is bad about banks? That seriously could happen because of a high profile case like Liverpool.

So what can they do about it? It is my understanding that even though the RBS agreed a 12 month extension to loans for the Americans in April (and even offered to increase the size of those loans to £300million), the deal has not been signed off.

So the bank we own can still go back on the deal. They can still say to Hicks and Gillett they have to sell up, otherwise they will call in the loans. They can insist that if there is a fit offer on the table it MUST be accepted.

The RBS can then become associated not with greed, but with a wider benevolence. They can be seen to be doing the right thing, for a wider interest than pure, unadulterated pursuit of profit.

In all honesty, can businesses like Liverpool carry debts approaching £400million for any length of time? Can one like Manchester United carry £1billion worth of debt? Nope. And the banks have to accept that eventually.

Let’s not get too carried away. Even if the offers on the table are accepted now, they’ll all still make a profit from the morally dubious business of leveraged buyouts, which one day may be seen to have been one of the most reprehensible features of capitalism’s excesses.

So it will still stink. But at least it will be over, and at least Liverpool can get back to the business of football. Surely, the positive publicity from being the bank that allows the club to do that, would be worth far more to the under fire RBS than any amount of short-term profit.

[/quote]

All fine and dandy and I admire the sentiment, but it's not backed by a lot of facts is it, like most of the stuff it's all speculation, and speculation based on other speculative articles at that.
These hacks are like Dr. Goebbels they believe if you say something often enough and audacious enough it will eventually become the truth.

regards
 
This one raises it's head again.
It's a bit vague and sounds completely daft I know, but anyway......... My eldest lads mate was on a boat, I have no idea what boat or where, I might get some more detail if it is relevant, I said it sounded daft, and David Fairclough was standing in front of him texting, the mate was over his shoulder and the gist of the text he had was that Brens rumour (OK Bren did not get mentioned by name) was still on and expected to be sealed within the next six weeks.



regards
 
It does sound ridiculous Vlad, but cheers for passing it on nonetheless. And let's hope it all comes to fruition.
 
Forget GMT... Our time is also UTC (the Universal time). Some Star Trek race with excessive finances are buying us at 13.13.12 tomorrow
 
[quote author=Sunny link=topic=40503.msg1117667#msg1117667 date=1276213238]
We'll get bought tomorrow. At 1.13 pm. And 12 seconds. GMT
[/quote]

I actually did get serious text to that effect, between 12-3 it said press conference announcement.

Yeah, right, during the WC opening ceremony? Seems unlikely to say the fucking least.
 
[quote author=Vlads Quiff link=topic=40503.msg1117659#msg1117659 date=1276210227]
Fuck off....you aren't meant to agree with me Hal


regards
[/quote]

Ha truth is sometimes stranger than fiction. Let's hope it's a whacky anecdote that turns out to be true.
 
Maddock went up in my estimation after listening to the latest excellent liverpoolway podcast .He came across as a genuine red who wants the best for the club. And Ushers grumbling about supporting England at the world cup was quite amusing the misery guts.

Anyway well worth a listen.
 
[quote author=FoxForceFive link=topic=40503.msg1117679#msg1117679 date=1276214076]
[quote author=Sunny link=topic=40503.msg1117667#msg1117667 date=1276213238]
We'll get bought tomorrow. At 1.13 pm. And 12 seconds. GMT
[/quote]

I actually did get serious text to that effect, between 12-3 it said press conference announcement.

Yeah, right, during the WC opening ceremony? Seems unlikely to say the fucking least.
[/quote]

We're fucked if this is true - it'll be akin to the labour party releasing all their bad news stories during 9/11 when everyones attention was deflected by planes crashing into buildings. Just as the first game kicks off Hicks will announce Gerrard & Torres to Manchester United!
 
[quote author=Pesam link=topic=40503.msg1117805#msg1117805 date=1276241240]
[quote author=FoxForceFive link=topic=40503.msg1117679#msg1117679 date=1276214076]
[quote author=Sunny link=topic=40503.msg1117667#msg1117667 date=1276213238]
We'll get bought tomorrow. At 1.13 pm. And 12 seconds. GMT
[/quote]

I actually did get serious text to that effect, between 12-3 it said press conference announcement.

Yeah, right, during the WC opening ceremony? Seems unlikely to say the fucking least.
[/quote]

We're fucked if this is true - it'll be akin to the labour party releasing all their bad news stories during 9/11 when everyones attention was deflected by planes crashing into buildings. Just as the first game kicks off Hicks will announce Gerrard & Torres to Manchester United!
[/quote]

"A good day to bury bad news" I had momentarily forgotten the advice the Labour hierarchy gave their minions, lets hope we don't have a press conference today.
 
[quote author=Vlads Quiff link=topic=40503.msg1117648#msg1117648 date=1276207887]
This one raises it's head again.
It's a bit vague and sounds completely daft I know, but anyway......... My eldest lads mate was on a boat, I have no idea what boat or where, I might get some more detail if it is relevant, I said it sounded daft, and David Fairclough was standing in front of him texting, the mate was over his shoulder and the gist of the text he had was that Brens rumour (OK Bren did not get mentioned by name) was still on and expected to be sealed within the next six weeks.



regards
[/quote]

Nosey sod!
 
[quote author=FoxForceFive link=topic=40503.msg1117679#msg1117679 date=1276214076]
[quote author=Sunny link=topic=40503.msg1117667#msg1117667 date=1276213238]
We'll get bought tomorrow. At 1.13 pm. And 12 seconds. GMT
[/quote]

I actually did get serious text to that effect, between 12-3 it said press conference announcement.

Yeah, right, during the WC opening ceremony? Seems unlikely to say the fucking least.
[/quote]

I've heard rumours about something happening today.As usual, I don't believe them.
 
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