More Hot Ayre.
- Thread starter Spaghetti Legs
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Got to admit, you Harley ever see Ayre taken for a ride though. I'm sure he's just ticking over at present, ready to rev up and accelerate over the line in the next few days.
Honestly, Chelsea and City can't buy everyone and some players want to play; others want to get rich on the bench.
Would you want to sign a player that would take 60K a week for bench sitting over 50K a week for playing.
If Salah couldn't impress in his youtube videos, he's not going to impress on a weekly basis.
As for FSG, it's just wrong to make Rodgers pay by punishing him for Kenny's mistakes. That just screws us over twice. But I can understand FSG's policy simply because he has bought badly with Borini, Allen, Aspas, Llori, and Alberto. But on the other hand, it's not like better players are queuing up to play for a team that didn't even qualify for Europa Europa.
Would you want to sign a player that would take 60K a week for bench sitting over 50K a week for playing.
If Salah couldn't impress in his youtube videos, he's not going to impress on a weekly basis.
As for FSG, it's just wrong to make Rodgers pay by punishing him for Kenny's mistakes. That just screws us over twice. But I can understand FSG's policy simply because he has bought badly with Borini, Allen, Aspas, Llori, and Alberto. But on the other hand, it's not like better players are queuing up to play for a team that didn't even qualify for Europa Europa.
R
RedZeppelin III
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“For those of us with good memories we know we had nearly £300million of debt three and a bit years ago and we’ve worked hard to chip away at that. The club is sustainable and in a good position to invest in the transfer market.”
does anyone know exactly how FSG financed their takeover ? I can't remember , did they just put the debt on the club like the last lot ? perhaps on more stable loans or ? .
so how much have we chipped away at the debt ?
does anyone know exactly how FSG financed their takeover ? I can't remember , did they just put the debt on the club like the last lot ? perhaps on more stable loans or ? .
so how much have we chipped away at the debt ?
Correction, the debt is $87M!!
The effect on Liverpool of signing expensive players in the first year of ownership by the Boston-based Fenway Sports Group [FSG] has been revealed, with accounts showing the club lost £40.5m in the 10 months to 31 May 2012. During the period, which covered Liverpool's transfer activity in the August 2011 and January 2012 windows, the club's biggest signings were José Enrique, from Newcastle United, and Sebastián Coates, from Nacional, but the wages still accounted for 70% of the club's total income.
The wage bill, £109m for the 10 months, equating to £131m over a full year, was very close to the £134m Liverpool paid in the previous year, and included the salaries of Andy Carroll, Luis Suárez, Jordan Henderson, Stewart Downing and Charlie Adam, all signed in the early months after FSG's October 2010 takeover.
The accounts disclose that Liverpool paid £9.6m in termination payments "to former employees ... including the change in coaching staff", which relates to FSG's sacking of several people last May, including Kenny Dalglish and his assistants.
Liverpool's managing director, Ian Ayre, argued that the club is in a transitional period and has now "implemented a new transfer strategy" which aims to "bring in talented players on sensible contracts".
Ayre claimed that despite the £40.5m loss and increase in net debt to £87m from £65m in 2010-11, Liverpool are being prudent. "We've done it in a frugal way," he said, explaining that players have been put on "the right contracts", with payment in instalments both for them and the selling clubs. "It's important that we have that sort of prudent approach as we want to create sustainability for the club, he added.
The £40.5m loss followed another of £49m for the year to 31 July 2011, covering FSG's first months since its takeover from the former owners, US-based Tom Hicks and George Gillett. Although John Henry, principal of FSG, is a confirmed advocate of financial fair play rules, Liverpool, if they repeat these figures next year, would fail the new regulations introduced by the Premier League, which limit annual losses to £35m.
FSG has been loaning money to Liverpool in an effort to improve the club's financial position. During its first months, FSG lent £30m, then in the 10 months to 31 May, the club repaid FSG £8m.
In August, FSG loaned a further £47m to the club, which was used to pay off bank borrowings, including £38m owed in loans relating to the club's work on its stadium plans. In October, FSG clarified that it intends to expand Liverpool's stadium at Anfield rather than build a new stadium on Stanley Park, which had been planned for a decade.
The accounts show again why Liverpool are seeking this expanded capacity, to make more money from fans and thereby narrow the income gap on Manchester United, Arsenal and the other highest-earning Premier League clubs. Liverpool's income was £169m for the 10 months to 31 May 2012, a period covering the full 2011–12 season. Matchday income, £42m, was lower than that from TV and media rights, and commercial revenue. By comparison, Arsenal's turnover for 2011-12 was £243m, while United's was by far the highest of any English club at £320m.
Liverpool have spent a net £39m on players since, including Fabio Borini, Joe Allen, Daniel Sturridge and Philippe Coutinho. The club will expect to record a loss again for the current financial year, as FSG struggles to steer Liverpool into the top rank again.
2013 Figures out soon:
http://www.theguardian.com/football/2013/mar/04/liverpool-accounts-debt-ian-ayre
The effect on Liverpool of signing expensive players in the first year of ownership by the Boston-based Fenway Sports Group [FSG] has been revealed, with accounts showing the club lost £40.5m in the 10 months to 31 May 2012. During the period, which covered Liverpool's transfer activity in the August 2011 and January 2012 windows, the club's biggest signings were José Enrique, from Newcastle United, and Sebastián Coates, from Nacional, but the wages still accounted for 70% of the club's total income.
The wage bill, £109m for the 10 months, equating to £131m over a full year, was very close to the £134m Liverpool paid in the previous year, and included the salaries of Andy Carroll, Luis Suárez, Jordan Henderson, Stewart Downing and Charlie Adam, all signed in the early months after FSG's October 2010 takeover.
The accounts disclose that Liverpool paid £9.6m in termination payments "to former employees ... including the change in coaching staff", which relates to FSG's sacking of several people last May, including Kenny Dalglish and his assistants.
Liverpool's managing director, Ian Ayre, argued that the club is in a transitional period and has now "implemented a new transfer strategy" which aims to "bring in talented players on sensible contracts".
Ayre claimed that despite the £40.5m loss and increase in net debt to £87m from £65m in 2010-11, Liverpool are being prudent. "We've done it in a frugal way," he said, explaining that players have been put on "the right contracts", with payment in instalments both for them and the selling clubs. "It's important that we have that sort of prudent approach as we want to create sustainability for the club, he added.
The £40.5m loss followed another of £49m for the year to 31 July 2011, covering FSG's first months since its takeover from the former owners, US-based Tom Hicks and George Gillett. Although John Henry, principal of FSG, is a confirmed advocate of financial fair play rules, Liverpool, if they repeat these figures next year, would fail the new regulations introduced by the Premier League, which limit annual losses to £35m.
FSG has been loaning money to Liverpool in an effort to improve the club's financial position. During its first months, FSG lent £30m, then in the 10 months to 31 May, the club repaid FSG £8m.
In August, FSG loaned a further £47m to the club, which was used to pay off bank borrowings, including £38m owed in loans relating to the club's work on its stadium plans. In October, FSG clarified that it intends to expand Liverpool's stadium at Anfield rather than build a new stadium on Stanley Park, which had been planned for a decade.
The accounts show again why Liverpool are seeking this expanded capacity, to make more money from fans and thereby narrow the income gap on Manchester United, Arsenal and the other highest-earning Premier League clubs. Liverpool's income was £169m for the 10 months to 31 May 2012, a period covering the full 2011–12 season. Matchday income, £42m, was lower than that from TV and media rights, and commercial revenue. By comparison, Arsenal's turnover for 2011-12 was £243m, while United's was by far the highest of any English club at £320m.
Liverpool have spent a net £39m on players since, including Fabio Borini, Joe Allen, Daniel Sturridge and Philippe Coutinho. The club will expect to record a loss again for the current financial year, as FSG struggles to steer Liverpool into the top rank again.
2013 Figures out soon:
http://www.theguardian.com/football/2013/mar/04/liverpool-accounts-debt-ian-ayre
Very good!
My recollection is there was 120m borrowed to buy the club.
I think they did what the glaziers have recently done by moving their books to Delaware - FSG said they bought the club 'cash' and it had no debt on it. What they more than likely did was a leveraged buyout of the club, borrowing the cash and hiding its debt and interest repayments. I doubt they ponied up 300mill cash out of their back pockets considering the economy at the time.
Was it placed on a "parent company" like last time? Or was it separate to LFC this time?
Any club can spend any amount of time scouting players but obviously can't sign anyone till jan so if Chelsea come in with "better" offer, it's not always our fault. He may have led us on like a tart.
Cobblers.
Lewandowski has signed for Bayern this summer already.
Just because the window isn't open, that doesn't mean you can't buy players. All it means is that you can't transfer their registration. All the paperwork between the clubs and players can be done any time you like.
We seem to love piss arsing around with transfers until they become bored of us or give their agents time enough to whore their client out elsewhere. We have to negotiate for the best deal whilst the big boys just come in a pay whatever and ask questions later.
Not claiming I know what was going on but Lewandowski signed for Bayern two years ago who have champions league football, Salah maybe kept his options open, no idea. This one unlike Willan doesn't sound like an agreement with the club but rather the player and his agent.7my point is same team that apparently fucked up this window signed Suarez on a long term deal ( I imagine they are the same) so not completely inept in all aspects of player negotiation then, just looking at it objectively.
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