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Nooooooooooooooooooooooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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6TimesaRed

Not a Bot....
Administrator
Liverpool boss Rafa Benitez believes that the arrival of new chairman Martin Broughton is a sign that the club is making positive progress after being put up for sale.

The news was confirmed by the Anfield club on Friday morning and Barclays Capital is also to offer advice to Reds co-owners George Gillett and Tom Hicks as they look for a buyer.

Financial struggles combined with a reportedly fraught relationship between Gillett, Hicks and Benitez has led to speculation about the future of the latter and as a result the announcement of the sale has been welcomed by Liverpool fans.

But Benitez, who has been repeatedly linked with Juventus, has remained characteristically guarded on the subject as he prepares for Monday's Premier League match against West Ham.

He said: "We have a new chairman and he is in charge of these issues.

"At this moment, for me as a manager, I have to concentrate on the West Ham game.

"I think the club is moving forward and that is positive. It is important for the club to move forward. It could be good news."

Broughton insists there will be no pressure on the club to sell star players Fernando Torres and Steven Gerrard this summer and predicts a bright future, with money available in the transfer market.

He said: "I can't see any reason for any forced sales. I think everybody concerned, fans, players and the manager, can all look forward to a very bright future.

"There will be money available for transfers, but I am not going into how much."

Broughton said any new owner would have to prove they had the funds to take the club forward and would be 'crazy' not to include building a planned new stadium.

"What's best for the club is somebody or bodies to come in and build the new stadium, make sure that the club is properly financed and that there is enough money available to take the club forward," he said.

"I have looked at the stadium project and frankly there is an overwhelming financial logic to any buyer to proceed with the stadium. Any buyer would be crazy not to do so.

"We wouldn't get to be the winning bid with that commitment."

Broughton also made it clear that he wants Benitez to remain on Merseyside, adding: "Rafa is a good manager, we want him to stay and he's under contract to stay."
 
WTF does this numpty know about footy anway!!!! *coughs*

on the plus side Broughton did say we are not going to sell our start assets and their will be money available for transfers
 
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
 
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
 
Much as I want a new manager, it's common sense for him to say that now. If he suggested the manager's future was in doubt, it would cause chaos - and anyway, as Vlad says, it's not up to him; it's up to the next owner. Broughton's been brought in to sell the club, not run it.
 
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

You're wrong. It changes everything.
 
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

No , that's not been the case though. Today is the first time the owners have come out and said they want to sell, find new owners, and sell lock, stock and barrel, making a clean break of it.
I am fairly sure that when Broughton said a maximum of a few months he meant it

regards
 
[quote author=TheBunnyman link=topic=39832.msg1088885#msg1088885 date=1271429371]
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

You're wrong. It changes everything.

[/quote]

Yes. Before two warring owners were seeking a third party to invest for a share- a terribly unattractive prospect. This is the endgame.
 
This is all so similar to what we had last season.

We all would prefer a brand new manager and a clean slate. But who is really out there that can come in and definitively do a better job than Rafa.

I wouldn't be too unhappy if Rafa stays on with some financial backing. A known devil...and all that...

If there is not going to be funds available, then Rafa is certainly not the man to have. We should look for someone who is known to be able to obtain results with a small budget.
 
[quote author=Vlads Quiff link=topic=39832.msg1088887#msg1088887 date=1271429598]
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

No , that's not been the case though. Today is the first time the owners have come out and said they want to sell, find new owners, and sell lock, stock and barrel, making a clean break of it.
I am fairly sure that when Broughton said a maximum of a few months he meant it

regards
[/quote]

I dont think its as clear cut as that. Broughton has been brought in because G & H have struggled to find Investment. Their have been offers on the table but down to their own sheer stubborness (wanting to make a quick buck some people believe) they have not accepted the offers of investment.

How is Broughton going to make much difference?. Ok maybe installing Broughton shows better stability within the club at board level, making it slightly more attractive to the prospective buyer. But at the end of the day G&H are going to have the final say... They will want to get the best offer possible, they will want to make something out of this investment. If one of the yanks does not agree with other in terms of the offers on the table that again spells this maybe drawn out longer than you are led to believe..
 
[quote author=Jack D Rips link=topic=39832.msg1088881#msg1088881 date=1271429161]
Hes a Chelsea fan. Of course he wants Rafa to stay
[/quote]

ha ha
 
rafa was always going to stay. the new owners will assess rafa over a season (maybe less if thing go tits up) and then decide on his future. that's sensible.
 
"The club is moving forward" FFS Rafa


I looked at last yrs PL table again today, still cannot believe that season we only lost 2 games, it was not supposed to be like this

Mind you seeing Stevie with 9 less PL goals this yr tells its own story for us.
 
[quote author=jono@home link=topic=39832.msg1088890#msg1088890 date=1271430251]
[quote author=Vlads Quiff link=topic=39832.msg1088887#msg1088887 date=1271429598]
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

No , that's not been the case though. Today is the first time the owners have come out and said they want to sell, find new owners, and sell lock, stock and barrel, making a clean break of it.
I am fairly sure that when Broughton said a maximum of a few months he meant it

regards
[/quote]

I dont think its as clear cut as that. Broughton has been brought in because G & H have struggled to find Investment. Their have been offers on the table but down to their own sheer stubborness (wanting to make a quick buck some people believe) they have not accepted the offers of investment.

How is Broughton going to make much difference?. Ok maybe installing Broughton shows better stability within the club at board level, making it slightly more attractive to the prospective buyer. But at the end of the day G&H are going to have the final say... They will want to get the best offer possible, they will want to make something out of this investment. If one of the yanks does not agree with other in terms of the offers on the table that again spells this maybe drawn out longer than you are led to believe..




[/quote]

It really is as clear cut as that, it's complete U turn on what has gone on in the past.

They have never come out and said it's for sale and both agreed to sell the whole of their share to sell it.
Gillett has, Hicks has not

regards
 
[quote author=jono@home link=topic=39832.msg1088879#msg1088879 date=1271428869]
on the plus side Broughton did say we are not going to sell our start assets and their will be money available for transfers
[/quote]

There are plenty of positives from that, and let's face it, we have to take what we can get this season

I'm starting to feel better. If only Rafa would see the light on central midfield we might be ok
 
[quote author=robinhood link=topic=39832.msg1088898#msg1088898 date=1271431019]
[quote author=jono@home link=topic=39832.msg1088879#msg1088879 date=1271428869]
on the plus side Broughton did say we are not going to sell our start assets and their will be money available for transfers
[/quote]

There are plenty of positives from that, and let's face it, we have to take what we can get this season

I'm starting to feel better. If only Rafa would see the light on central midfield we might be ok
[/quote]


problem is Robin Rafa tends to look like he has "seen the light" at the end of most seasons as we seem to play more attacking footy past March.

Maybe if we give him one more season he will start playing like that in August - AGAIN
 
[quote author=Vlads Quiff link=topic=39832.msg1088896#msg1088896 date=1271430790]
[quote author=jono@home link=topic=39832.msg1088890#msg1088890 date=1271430251]
[quote author=Vlads Quiff link=topic=39832.msg1088887#msg1088887 date=1271429598]
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

No , that's not been the case though. Today is the first time the owners have come out and said they want to sell, find new owners, and sell lock, stock and barrel, making a clean break of it.
I am fairly sure that when Broughton said a maximum of a few months he meant it

regards
[/quote]

I dont think its as clear cut as that. Broughton has been brought in because G & H have struggled to find Investment. Their have been offers on the table but down to their own sheer stubborness (wanting to make a quick buck some people believe) they have not accepted the offers of investment.

How is Broughton going to make much difference?. Ok maybe installing Broughton shows better stability within the club at board level, making it slightly more attractive to the prospective buyer. But at the end of the day G&H are going to have the final say... They will want to get the best offer possible, they will want to make something out of this investment. If one of the yanks does not agree with other in terms of the offers on the table that again spells this maybe drawn out longer than you are led to believe..




[/quote]

It really is as clear cut as that, it's complete U turn on what has gone on in the past.

They have never come out and said it's for sale and both agreed to sell the whole of their share to sell it.
Gillett has, Hicks has not

regards
[/quote]

Thats why I am actually of the opinion that deal ( whatever it may be), is all but done.
 
[quote author=Fox link=topic=39832.msg1088910#msg1088910 date=1271432098]
[quote author=robinhood link=topic=39832.msg1088898#msg1088898 date=1271431019]
[quote author=jono@home link=topic=39832.msg1088879#msg1088879 date=1271428869]
on the plus side Broughton did say we are not going to sell our start assets and their will be money available for transfers
[/quote]

There are plenty of positives from that, and let's face it, we have to take what we can get this season

I'm starting to feel better. If only Rafa would see the light on central midfield we might be ok
[/quote]


problem is Robin Rafa tends to look like he has "seen the light" at the end of most seasons as we seem to play more attacking footy past March.

Maybe if we give him one more season he will start playing like that in August - AGAIN

[/quote]

Fox is right, he kids people into thinking he has come to his senses only to dash those hopes against the wall around October. Oncey will tell you that

regards
 
[quote author=Jack D Rips link=topic=39832.msg1088912#msg1088912 date=1271432356]
[quote author=Vlads Quiff link=topic=39832.msg1088896#msg1088896 date=1271430790]
[quote author=jono@home link=topic=39832.msg1088890#msg1088890 date=1271430251]
[quote author=Vlads Quiff link=topic=39832.msg1088887#msg1088887 date=1271429598]
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

No , that's not been the case though. Today is the first time the owners have come out and said they want to sell, find new owners, and sell lock, stock and barrel, making a clean break of it.
I am fairly sure that when Broughton said a maximum of a few months he meant it

regards
[/quote]

I dont think its as clear cut as that. Broughton has been brought in because G & H have struggled to find Investment. Their have been offers on the table but down to their own sheer stubborness (wanting to make a quick buck some people believe) they have not accepted the offers of investment.

How is Broughton going to make much difference?. Ok maybe installing Broughton shows better stability within the club at board level, making it slightly more attractive to the prospective buyer. But at the end of the day G&H are going to have the final say... They will want to get the best offer possible, they will want to make something out of this investment. If one of the yanks does not agree with other in terms of the offers on the table that again spells this maybe drawn out longer than you are led to believe..




[/quote]

It really is as clear cut as that, it's complete U turn on what has gone on in the past.

They have never come out and said it's for sale and both agreed to sell the whole of their share to sell it.
Gillett has, Hicks has not

regards
[/quote]

Thats why I am actually of the opinion that deal ( whatever it may be), is all but done.
[/quote]

Deffo, and answers the questions as to why the involvement of Barclays and Broughton, as I said in the other thread, this has a whiff of sheeps eyeballs about it.
Particularly when Broughton says it will be sorted in a maximum of a few months, however long that is.

regards

regards
 
[quote author=Vlads Quiff link=topic=39832.msg1088916#msg1088916 date=1271432722]
[quote author=Jack D Rips link=topic=39832.msg1088912#msg1088912 date=1271432356]
[quote author=Vlads Quiff link=topic=39832.msg1088896#msg1088896 date=1271430790]
[quote author=jono@home link=topic=39832.msg1088890#msg1088890 date=1271430251]
[quote author=Vlads Quiff link=topic=39832.msg1088887#msg1088887 date=1271429598]
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

No , that's not been the case though. Today is the first time the owners have come out and said they want to sell, find new owners, and sell lock, stock and barrel, making a clean break of it.
I am fairly sure that when Broughton said a maximum of a few months he meant it

regards
[/quote]

I dont think its as clear cut as that. Broughton has been brought in because G & H have struggled to find Investment. Their have been offers on the table but down to their own sheer stubborness (wanting to make a quick buck some people believe) they have not accepted the offers of investment.

How is Broughton going to make much difference?. Ok maybe installing Broughton shows better stability within the club at board level, making it slightly more attractive to the prospective buyer. But at the end of the day G&H are going to have the final say... They will want to get the best offer possible, they will want to make something out of this investment. If one of the yanks does not agree with other in terms of the offers on the table that again spells this maybe drawn out longer than you are led to believe..




[/quote]

It really is as clear cut as that, it's complete U turn on what has gone on in the past.

They have never come out and said it's for sale and both agreed to sell the whole of their share to sell it.
Gillett has, Hicks has not

regards
[/quote]

Thats why I am actually of the opinion that deal ( whatever it may be), is all but done.
[/quote]

Deffo, and answers the questions as to why the involvement of Barclays and Broughton, as I said in the other thread, this has a whiff of sheeps eyeballs about it.
Particularly when Broughton says it will be sorted in a maximum of a few months, however long that is.

regards

regards
[/quote]

Well I for one hope that is the case, but I somehow remain not too optimistic. I guess as Liverpool Supporter I'm sceptical because of the many false dawns we have had over the years..
 
Why all the gloom?

Fact is, they're selling, they have to sell, they will sell, they will sell before the start of the next season

End
 
[quote author=Vlads Quiff link=topic=39832.msg1088916#msg1088916 date=1271432722]
[quote author=Jack D Rips link=topic=39832.msg1088912#msg1088912 date=1271432356]
[quote author=Vlads Quiff link=topic=39832.msg1088896#msg1088896 date=1271430790]
[quote author=jono@home link=topic=39832.msg1088890#msg1088890 date=1271430251]
[quote author=Vlads Quiff link=topic=39832.msg1088887#msg1088887 date=1271429598]
[quote author=jono@home link=topic=39832.msg1088882#msg1088882 date=1271429206]
[quote author=Vlads Quiff link=topic=39832.msg1088880#msg1088880 date=1271429058]
I would not read too much into that Jonno, he means in the interim period, until the buyer is sorted.
As soon as the buyer comes in Broughton himself will be off.


regards
[/quote]

In fairness the club has been 'for sale' longer than just from today.. Given the problems we have had getting investment, the foreseeable future will be a long time...

The fact the club is Officially 'For Sale' does not change things one bit...
[/quote]

No , that's not been the case though. Today is the first time the owners have come out and said they want to sell, find new owners, and sell lock, stock and barrel, making a clean break of it.
I am fairly sure that when Broughton said a maximum of a few months he meant it

regards
[/quote]

I dont think its as clear cut as that. Broughton has been brought in because G & H have struggled to find Investment. Their have been offers on the table but down to their own sheer stubborness (wanting to make a quick buck some people believe) they have not accepted the offers of investment.

How is Broughton going to make much difference?. Ok maybe installing Broughton shows better stability within the club at board level, making it slightly more attractive to the prospective buyer. But at the end of the day G&H are going to have the final say... They will want to get the best offer possible, they will want to make something out of this investment. If one of the yanks does not agree with other in terms of the offers on the table that again spells this maybe drawn out longer than you are led to believe..




[/quote]

It really is as clear cut as that, it's complete U turn on what has gone on in the past.

They have never come out and said it's for sale and both agreed to sell the whole of their share to sell it.
Gillett has, Hicks has not

regards
[/quote]

Thats why I am actually of the opinion that deal ( whatever it may be), is all but done.
[/quote]

Deffo, and answers the questions as to why the involvement of Barclays and Broughton, as I said in the other thread, this has a whiff of sheeps eyeballs about it.
Particularly when Broughton says it will be sorted in a maximum of a few months, however long that is.

regards

regards
[/quote]

Careful lads, it´s another ´double regards´. Vlad is riled.
 
[quote author=Brendan link=topic=39832.msg1088927#msg1088927 date=1271433629]
Why all the gloom?

Fact is, they're selling, they have to sell, they will sell, they will sell before the start of the next season

End
[/quote]


The Newcastle United owner has put them up for sale and made a U-turn about three times now......
 
Tom Hicks, the Texas private-equity and sports investor, said a dysfunctional management structure and favorable market led to Friday's announcement that he and partner George Gillett will sell the English soccer club Liverpool.

The sale, which will be handled by Barclays Capital, would bring to an end a three-year tenure for Messrs. Hicks and Gillett at the helm of one of the world's most storied sports franchises, which has been dogged by financial pressures, a strained business partnership and a fractious relationship with the club's fans.

For Mr. Hicks, selling Liverpool, which he hopes will fetch as much as £800 million ($1.24 billion), will draw to a close his run that brought him to the top of the sports industry. The sale of his 50% stake in Liverpool, combined with sales of Major League Baseball's Texas Rangers and the National Hockey League's Dallas Stars, marks the final chapter of his rocky venture into the sports business.

Mr. Hicks' sports investments have met with mixed results. His Dallas Stars won the Stanley Cup in 1999, and the Texas Rangers, which he bought from his friend, former President George W. Bush, in 1998 for $250 million, were division champions in 1998 and 1999, but never won a World Series.

While the Stars performed well on and off the ice and the Rangers have recently improved after faltering, both teams ended up costing Mr. Hicks dearly. Mr. Hicks gave shortstop Alex Rodriguez a $252 million contract before the 2001 season, but never had a winning year with the slugger before he traded him to the New York Yankees.

The teams no longer are profitable enough to cover debt obligations, and in March 2009 Mr. Hicks stopped making quarterly payments of $10 million on the loans. Mr. Hicks' Hicks Sports Group defaulted on $540 million in debt on his U.S. sports teams a year ago, leading him to put those franchises up for sale to pay creditors. A person familiar with the team's finances has said Mr. Hicks personally invested $275 million in the teams.

Mr. Hicks's interest in Liverpool is separate from his U.S. sports investments, but a £237 million debt with Royal Bank of Scotland Group PLC is due this fall, putting pressure on the partners to sell. Last year, Mr. Gillett was forced to sell one of his most beloved assets, the NHL's Montreal Canadiens, amid his own struggles to stay ahead of creditors.

Mr. Hicks said he expects the team to fetch £600 million to £800 million, though financial observers said that estimate may be inflated. Messrs. Hicks and Gillett paid £238 million for Liverpool three years ago, and each owns 50% of the franchise.

"Liverpool will be the most profitable investment I've ever made," Mr. Hicks, who made a fortune in his deals for soft-drink brands Dr Pepper and 7-Up, said in an interview Friday. "It's been the most rewarding in so many ways and the most painful in so many ways. When you feel fans turn against you it's very frustrating."

Mr. Gillett declined to comment.

Messrs. Hicks and Gillett on Friday appointed Martin Broughton, chairman of British Airways PLC, as chairman of Liverpool, granting him power to direct the sale in the best interests of the club. Mr. Broughton will serve as a neutral party for the two partners, who battled over the choice of the team's chief executive and the design of a planned stadium for the club.

Other teams such as Manchester United and Aston Villa also are owned by U.S. citizens. But fans have rebelled, especially when the transactions resulted in the teams carrying substantial debt. Liverpool fans have campaigned against the U.S. owners and called for them to sell the club amid anger over its decline to sixth in the standings and use of club revenue to service loans incurred in the takeover and for expenses.

The campaign against the American owners has intensified in recent months. A group known as the Spirit of Shankly demonstrated outside the team's home stadium, Anfield, when Mr. Hicks attended a match against Bolton in February.

Mr. Hicks said Friday that much of the criticism has been unfair as both revenue and spending on players have increased under U.S. leadership. The team's net spending to acquire new players has risen to £34 million from £16 million, and the annual player payroll is now more than £100 million, compared with about £75 million before he took over.

"The fan blogs blame the owners but we had terrible injuries with our star players out for more than a month, and we just weren't a very good team without them," Mr. Hicks said.


The team has covered its costs in part by increasing sponsorships to nearly £100 million from £40 million, including a four-year £80 million deal with Standard Chartered PLC, which placed the name of the Asia-focused U.K. bank on the team's jerseys. Plans also have been approved for a new 72,000-seat stadium that would enable the team to compete financially with Manchester United, Chelsea and Arsenal.

Messrs. Hicks and Gillett have been independently seeking outside investors to help raise capital, an arrangement Mr. Hicks on Friday called "dysfunctional" and ineffective. That failure helped prompt the decision to bring in Mr. Broughton.

It isn't clear whether Mr. Hicks will be able to sell the team for the price he expects. Manchester United recently has been valued at £1.5 billion. But that team has a recently renovated and expanded stadium and a world-wide following. A new owner of Liverpool will have to spend about £375 million to construct the proposed stadium that Messrs. Hicks and Gillett designed for the team but weren't able to finance during the financial crisis.

Still, he is optimistic. "There's a strong business rationale," Mr. Hicks said. "I should make four times my money."


🙁
 
[quote author=kingjulian link=topic=39832.msg1089028#msg1089028 date=1271466389]
[quote author=Brendan link=topic=39832.msg1088927#msg1088927 date=1271433629]
Why all the gloom?

Fact is, they're selling, they have to sell, they will sell, they will sell before the start of the next season

End
[/quote]


The Newcastle United owner has put them up for sale and made a U-turn about three times now......
[/quote]

True, but the Yanks have clerly taken steps aimed at a profitable departure.

I'm glad they're going but there is every chance we could get even worse.

Some of the things said by Hicks are true.
 
what a bunch of crooks..

800 million from buying it 3 years ago for under 300...

Makes me pretty fucking angry knowing that whoever buys the club with be spending well over a desired amount which will impact the money they will be willing to put into the club..
 
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