Morgan
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To a degree.
Right now, we'd again be looking for owners, but i think we'd be a greater attraction to prospective buyers.
Right now, we'd again be looking for owners, but i think we'd be a greater attraction to prospective buyers.
I'd reckon so, yes.
Whether we would have afforded Keane & Aqua is another matter.
Whether we would have afforded Keane & Aqua is another matter.
70 mil invested and no debt sounds very attractive, but I doubt he has the money or the assets to secure a loan for the stadium. no biggie, it seems neither do the yanks.
I might be a bit thick on this one, but most of the debt on the club is the price the club the yanks paid for it.
They paid for it out-right then got a loan with the club as security.
In other words it's like any of us having a mortgage, we are in debt and have to pay interest but the house is still worth what the house is worth, or am I missing something?
regards
They paid for it out-right then got a loan with the club as security.
In other words it's like any of us having a mortgage, we are in debt and have to pay interest but the house is still worth what the house is worth, or am I missing something?
regards
Yeah- but added to that they got an extra wodge to begin work on the new stadium.
Not sure doc, but RBS or any bank, even then would be loathed to loan more than the security was realistically worth.
Three questions.
How much did they pay for the club? What is the debt, and what do we think the club is really worth now?
regards
Three questions.
How much did they pay for the club? What is the debt, and what do we think the club is really worth now?
regards
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
I agree. I used to go to the AGM's and he loved the sound of his own voice, he was cringeworthy at times.
He threw his dummy out because he has for so long been used to getting his own way.
regards
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
I agree. I used to go to the AGM's and he loved the sound of his own voice, he was cringeworthy at times.
He threw his dummy out because he has for so long been used to getting his own way.
regards
[quote author=Asbo link=topic=38933.msg1055040#msg1055040 date=1266319768]
Back then the 70 Million investment would probably been enough to build a Stadium?
[/quote]
You are probably right Asbo, but it would have built the stadium that was originally planned, which would have been a waste of time, and money a new stadium with an increase of 15,000 seats and no ability to increase the capacity when built. (and that looked like every other cheap stadium)
At least the yanks thought bigger, thankfully. I am happy to wait until we can afford the 70,000+ jobbie
regards
Back then the 70 Million investment would probably been enough to build a Stadium?
[/quote]
You are probably right Asbo, but it would have built the stadium that was originally planned, which would have been a waste of time, and money a new stadium with an increase of 15,000 seats and no ability to increase the capacity when built. (and that looked like every other cheap stadium)
At least the yanks thought bigger, thankfully. I am happy to wait until we can afford the 70,000+ jobbie
regards
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[quote author=spider-neil link=topic=38933.msg1055050#msg1055050 date=1266322287]
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[/quote]
Dad was a shareholder, point in question answered
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[/quote]
Dad was a shareholder, point in question answered
[quote author=737Max link=topic=38933.msg1055061#msg1055061 date=1266325251]
[quote author=spider-neil link=topic=38933.msg1055050#msg1055050 date=1266322287]
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[/quote]
Dad was a shareholder, point in question answered
[/quote]
I miss the AGM's it was great really feeling part of it
regards
[quote author=spider-neil link=topic=38933.msg1055050#msg1055050 date=1266322287]
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[/quote]
Dad was a shareholder, point in question answered
[/quote]
I miss the AGM's it was great really feeling part of it
regards
[quote author=Vlads Quiff link=topic=38933.msg1055044#msg1055044 date=1266320898]
[quote author=Asbo link=topic=38933.msg1055040#msg1055040 date=1266319768]
Back then the 70 Million investment would probably been enough to build a Stadium?
[/quote]
You are probably right Asbo, but it would have built the stadium that was originally planned, which would have been a waste of time, and money a new stadium with an increase of 15,000 seats and no ability to increase the capacity when built. (and that looked like every other cheap stadium)
At least the yanks thought bigger, thankfully. I am happy to wait until we can afford the 70,000+ jobbie
regards
[/quote]
Plus he would have likely employed a lot of his own building company to do it and made himself a tidy sum out of it
[quote author=Asbo link=topic=38933.msg1055040#msg1055040 date=1266319768]
Back then the 70 Million investment would probably been enough to build a Stadium?
[/quote]
You are probably right Asbo, but it would have built the stadium that was originally planned, which would have been a waste of time, and money a new stadium with an increase of 15,000 seats and no ability to increase the capacity when built. (and that looked like every other cheap stadium)
At least the yanks thought bigger, thankfully. I am happy to wait until we can afford the 70,000+ jobbie
regards
[/quote]
Plus he would have likely employed a lot of his own building company to do it and made himself a tidy sum out of it
[quote author=737Max link=topic=38933.msg1055061#msg1055061 date=1266325251]
[quote author=spider-neil link=topic=38933.msg1055050#msg1055050 date=1266322287]
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[/quote]
Dad was a shareholder, point in question answered
[/quote]
okay, fair enough.
[quote author=spider-neil link=topic=38933.msg1055050#msg1055050 date=1266322287]
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[/quote]
Dad was a shareholder, point in question answered
[/quote]
okay, fair enough.
[quote author=spider-neil link=topic=38933.msg1055050#msg1055050 date=1266322287]
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[/quote]
If shareholders think they're being shafted they can take legal action which, in addition to being a massive distraction, could end up costing the club millions. It isn't something to be taken lightly at all.
[quote author=737Max link=topic=38933.msg1054950#msg1054950 date=1266312052]
The cunt wanted to buy us on the cheap and whilst screwing over the shareholders then proclaims that any takeover of LFC woud've debt anyway. ?f he was such a big fan why did he sell up in a hurry and why the fuck did he buy Wolves?
The cunt can fuck right off as far as I'm concerned. He's always been a gobshite of the highest order and even more so during the AGM's.
[/quote]
to be honest why do you or anyone care whether shareholders are being screwed out of money (unless of course you are a shareholder).
to be frank I wouldn't give a fuck if shareholders lost a few thousand but liverpool was debt free.
[/quote]
If shareholders think they're being shafted they can take legal action which, in addition to being a massive distraction, could end up costing the club millions. It isn't something to be taken lightly at all.
at least you'd have thought Morgan would have the club's best interests at heart. i guess the success of his ownership would've basically come down to whether he could've financed the stadium or not - does anyone know what his plans were for that?
I thought his idea was to inject some quick cash, then sell the club again to someone who would build the stadium.
I think that must be right given the rock-bottom value his offer put on the club, which doesn't suggest he himself had the wonga he'd have needed to get the stadium built.
[quote author=Ryan link=topic=38933.msg1054922#msg1054922 date=1266287362]
Him trying to buy over Liverpool with his fucking piggybank investment, would be like the owners of this site offering Facebook some cash for ownership.
[/quote]
70M yep piggybank.
FFS.
Him trying to buy over Liverpool with his fucking piggybank investment, would be like the owners of this site offering Facebook some cash for ownership.
[/quote]
70M yep piggybank.
FFS.
[quote author=Dreambeliever link=topic=38933.msg1056069#msg1056069 date=1266526754]
[quote author=Ryan link=topic=38933.msg1054922#msg1054922 date=1266287362]
Him trying to buy over Liverpool with his fucking piggybank investment, would be like the owners of this site offering Facebook some cash for ownership.
[/quote]
70M yep piggybank.
FFS.
[/quote]
Well, bearing in mind the value of the club being many millions more than that, "piggy bank" is about right.
[quote author=Ryan link=topic=38933.msg1054922#msg1054922 date=1266287362]
Him trying to buy over Liverpool with his fucking piggybank investment, would be like the owners of this site offering Facebook some cash for ownership.
[/quote]
70M yep piggybank.
FFS.
[/quote]
Well, bearing in mind the value of the club being many millions more than that, "piggy bank" is about right.
[quote author=themn link=topic=38933.msg1056078#msg1056078 date=1266527010]
[quote author=Dreambeliever link=topic=38933.msg1056069#msg1056069 date=1266526754]
[quote author=Ryan link=topic=38933.msg1054922#msg1054922 date=1266287362]
Him trying to buy over Liverpool with his fucking piggybank investment, would be like the owners of this site offering Facebook some cash for ownership.
[/quote]
70M yep piggybank.
FFS.
[/quote]
Well, bearing in mind the value of the club being many millions more than that, "piggy bank" is about right.
[/quote]
The value of the club is about 5 times that max and back it was probably only worth 3 times that.
So I totally disagree.
Not saying Morgan was the answer but to say he was trying to buy into the club with 70M was like coming with your piggy bank is just plain wrong.
[quote author=Dreambeliever link=topic=38933.msg1056069#msg1056069 date=1266526754]
[quote author=Ryan link=topic=38933.msg1054922#msg1054922 date=1266287362]
Him trying to buy over Liverpool with his fucking piggybank investment, would be like the owners of this site offering Facebook some cash for ownership.
[/quote]
70M yep piggybank.
FFS.
[/quote]
Well, bearing in mind the value of the club being many millions more than that, "piggy bank" is about right.
[/quote]
The value of the club is about 5 times that max and back it was probably only worth 3 times that.
So I totally disagree.
Not saying Morgan was the answer but to say he was trying to buy into the club with 70M was like coming with your piggy bank is just plain wrong.
Have Wolves bought anyone?
[quote author=SaintGeorge67 link=topic=38933.msg1056089#msg1056089 date=1266527462]
Have Wolves bought anyone?
[/quote]
Doyle, who in fairness we could do with at present.
Have Wolves bought anyone?
[/quote]
Doyle, who in fairness we could do with at present.
[quote author=Dreambeliever link=topic=38933.msg1056086#msg1056086 date=1266527387]
[quote author=themn link=topic=38933.msg1056078#msg1056078 date=1266527010]
[quote author=Dreambeliever link=topic=38933.msg1056069#msg1056069 date=1266526754]
[quote author=Ryan link=topic=38933.msg1054922#msg1054922 date=1266287362]
Him trying to buy over Liverpool with his fucking piggybank investment, would be like the owners of this site offering Facebook some cash for ownership.
[/quote]
70M yep piggybank.
FFS.
[/quote]
Well, bearing in mind the value of the club being many millions more than that, "piggy bank" is about right.
[/quote]
The value of the club is about 5 times that max and back it was probably only worth 3 times that.
So I totally disagree.
Not saying Morgan was the answer but to say he was trying to buy into the club with 70M was like coming with your piggy bank is just plain wrong.
[/quote]
No it isn't and you're a nice guy but slightly mental, so let's leave it at that.
[quote author=themn link=topic=38933.msg1056078#msg1056078 date=1266527010]
[quote author=Dreambeliever link=topic=38933.msg1056069#msg1056069 date=1266526754]
[quote author=Ryan link=topic=38933.msg1054922#msg1054922 date=1266287362]
Him trying to buy over Liverpool with his fucking piggybank investment, would be like the owners of this site offering Facebook some cash for ownership.
[/quote]
70M yep piggybank.
FFS.
[/quote]
Well, bearing in mind the value of the club being many millions more than that, "piggy bank" is about right.
[/quote]
The value of the club is about 5 times that max and back it was probably only worth 3 times that.
So I totally disagree.
Not saying Morgan was the answer but to say he was trying to buy into the club with 70M was like coming with your piggy bank is just plain wrong.
[/quote]
No it isn't and you're a nice guy but slightly mental, so let's leave it at that.
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