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Liverpool Owners In Trouble

The Echo Of The Kop


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Old 24th December 2007, 06:11 AM
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Liverpool Owners In Trouble

Liverpool face the shocking possibility of a second takeover within a year.
Anfield insiders believe American owners Tom Hicks and George Gillett will be forced to put the club up for sale again to avoid financial meltdown just 10 months after completing their Mersey swoop.

And that has alerted Dubai International Capital, who were also interested in the club last February.

There are major doubts that Hicks and Gillett have the funds to pay for a £300million stadium on Stanley Park or even give manager Rafa Benitez a big transfer war chest. DIC were stunned when they were outflanked by Hicks and Gillett earlier this year but a fresh New Year bid is now a realistic prospect.

Hicks has denied considering diluting his 50 per cent shareholding but it's clear the financial demands upon the owners are beyond their expectations.

The Americans will want at least three times the £219m they paid less than a year ago. But as they have to repay a £298m loan by February, and have no deal in place to pay this debt or for a stadium, circumstances may soon give them little option but to welcome bids.
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Old 24th December 2007, 06:12 AM
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How have Liverpool managed to get into such a mess financially?
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Old 24th December 2007, 06:48 AM
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didnt surprise me; we havent seen a penny from the americans.
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Old 24th December 2007, 06:54 AM
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The trouble is with the yanks is they buy the club and then spend all their time trying to pay the interest charges instead of concentrating on the football side
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Old 26th December 2007, 09:30 PM
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And to think it was the Man Utd fans who kicked up when the Americans took over.
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Old 27th December 2007, 01:48 AM
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Talking

Quote:
Originally Posted by Beefy View Post
How have Liverpool managed to get into such a mess financially?
Greed

Quote:
Originally Posted by Sweepy Bee View Post
And to think it was the Man Utd fans who kicked up when the Americans took over.
I don't see too many Man Utd fans chirrping up now, eh? Yes, there was a debt but it's been realised and look how strong we are both on & off the pitch
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Old 27th December 2007, 10:11 PM
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you really conquered europe since the yank took over
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Old 28th December 2007, 12:14 AM
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Quote:
Originally Posted by lfc junkie View Post
you really conquered europe since the yank took over
To be fair liverpool havent won anything in europe while the septics have been in charge
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