Taken from another site:
Quarter Share In Liverpool is Up for Sale
Sep 16, 09
It has been reported in the national press this evening that George Gillett and Tom Hicks are trying to raise funds to enable the new stadium to be built.
According to the Mirror football site, they are looking to raise £100 million pounds so that the moth balled stadium can go ahead. It appears that Merrill Lynch have been handed the task of exploring ways to reduce the debt and to enable the stadium project to begin. They have been instructed by Tom Hicks and George Gillett to go to the Middle East and woo investors there. Another option I understand is that they are looking to raise a share issue.
It is understand that both of them want to remain in control of the club but feel that after announcing the Standard Chartered deal they want to move forward with the stadium.
Since reading this, I am beginning to wonder if all is well at Anfield, or have we yet again had the wool pulled over our eyes. Over the last few days Christian Purslow has come out and said that all is well and the club is not in that dire a financial situation. I wish someone at Anfield would come out and tell us, the supporters the truth.
The funds for the new stadium should have been included in the original deal that was struck when Tom Hicks and George Gillett took over. I honestly feel that rather than look for investors to take a quarter share in the club, they need to put the club up for sale completely. This is yet another sign that they have no idea about running a premiership club. Due to the bad publicity that the club have had since Tom Hicks and George Gillett have taken over I feel that Merril Lynch will have major problems in finding an investor. Who is going to risk placing funds in a club that has a major debt hanging it? A debt that two years ago did not exist.
I shall await the outcome with a worried heart. I honestly do fear for the well being of my beloved club and hate watching it being pulled through the mire by Tom Hicks and George Gillett. Although I have said I cannot see anyone coming forward - If there is a Liverpool fan out there with funds - please rescue us.
Quarter Share In Liverpool is Up for Sale
Sep 16, 09
It has been reported in the national press this evening that George Gillett and Tom Hicks are trying to raise funds to enable the new stadium to be built.
According to the Mirror football site, they are looking to raise £100 million pounds so that the moth balled stadium can go ahead. It appears that Merrill Lynch have been handed the task of exploring ways to reduce the debt and to enable the stadium project to begin. They have been instructed by Tom Hicks and George Gillett to go to the Middle East and woo investors there. Another option I understand is that they are looking to raise a share issue.
It is understand that both of them want to remain in control of the club but feel that after announcing the Standard Chartered deal they want to move forward with the stadium.
Since reading this, I am beginning to wonder if all is well at Anfield, or have we yet again had the wool pulled over our eyes. Over the last few days Christian Purslow has come out and said that all is well and the club is not in that dire a financial situation. I wish someone at Anfield would come out and tell us, the supporters the truth.
The funds for the new stadium should have been included in the original deal that was struck when Tom Hicks and George Gillett took over. I honestly feel that rather than look for investors to take a quarter share in the club, they need to put the club up for sale completely. This is yet another sign that they have no idea about running a premiership club. Due to the bad publicity that the club have had since Tom Hicks and George Gillett have taken over I feel that Merril Lynch will have major problems in finding an investor. Who is going to risk placing funds in a club that has a major debt hanging it? A debt that two years ago did not exist.
I shall await the outcome with a worried heart. I honestly do fear for the well being of my beloved club and hate watching it being pulled through the mire by Tom Hicks and George Gillett. Although I have said I cannot see anyone coming forward - If there is a Liverpool fan out there with funds - please rescue us.
