You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Liverpool Takeover (Merged)
- Thread starter CityPar
- Start date
Re: Liverpool Takeover Imminent?
True this is just the warm up act, its fucking great isn't it!
wearethesouthstand said:kramer said:Statement on Dippers' OS
http://www.liverpoolfc.tv/news/latest-news/liverpool-fc-statement-3
this is nowt - wait till 2017 when the glazers are clinging on, the rags are in the conference, old trafford is being turned into the worlds biggest ikea and they are asking us if we fancy a merger and.. "can we borrow your ground again"
True this is just the warm up act, its fucking great isn't it!
Re: Liverpool Takeover Imminent?
The fact is its not clear how they gained the finances for an apparent debt/equity swap and if any deals they did at that time allowed any 3rd party involvements.
It seems they borrowed money via the Caribbean (perhaps their own cash from offshore) to inject capital but then tied those borrowings to the club and started charging interest a la Glazer levels.
Its a fucking clever trick if they can get away with it and as far as I know nobody has yet sourced where that debt is held.
Lets not forget that Hicks has manage to raise over $10bn in the past on his name alone, he knows his way around these deals ;-)
Chick Counterfly said:And remember that they aren't just shareholders, they are also creditors. Sure, the bank is in a strong position, but they have a big holdout position and can make things very, very awkward. Which of course they will do-why wouldn't they?
fbloke said:The creditor aspect of the H and G position is one that many have failed to appreciate.
I do wonder if the weird and convoluted company arrangements that H and G have created (a double blind, blind) means that they can reasonably expect a board member of their 'choice' to be voted onto the board. A bit like the Boler holding at City.
that's insane. I'd never thought of their own inter-company debt as a potential lever for them. I've followed the stories, and the RAWK threads... no-one has ever suggested it. wishful thinking!
The fact is its not clear how they gained the finances for an apparent debt/equity swap and if any deals they did at that time allowed any 3rd party involvements.
It seems they borrowed money via the Caribbean (perhaps their own cash from offshore) to inject capital but then tied those borrowings to the club and started charging interest a la Glazer levels.
Its a fucking clever trick if they can get away with it and as far as I know nobody has yet sourced where that debt is held.
Lets not forget that Hicks has manage to raise over $10bn in the past on his name alone, he knows his way around these deals ;-)
M
M
mat
Guest
Re: Liverpool Takeover Imminent?
[youtube]http://www.youtube.com/watch?v=ifO7AwBtNjE[/youtube]inbetween said:I have it on a good source that RBS will not refinance them, if these bids fall through they are set for complete meltdown.
HelloCity
Well-Known Member
Re: Liverpool Takeover Imminent?
http://twitter.com/tariqpanja
Hearing New England Sports Venture deal for #LFC accepted by the board. Owners trying to block it. Possibility of another statement tonight
http://twitter.com/tariqpanja
Hearing New England Sports Venture deal for #LFC accepted by the board. Owners trying to block it. Possibility of another statement tonight
JoeMercer'sWay
Well-Known Member
Re: Liverpool Takeover Imminent?
the NESV thing doesn't stack up.
the NESV thing doesn't stack up.
Re: Liverpool Takeover Imminent?
It does if you are doing a favour for a mate who helped you in the world of finance.
At a guess......
JoeMercer'sWay said:the NESV thing doesn't stack up.
It does if you are doing a favour for a mate who helped you in the world of finance.
At a guess......
mancmackem
Well-Known Member
Re: Liverpool Takeover Imminent?
A lift from Wikipedia, but interesting nonetheless...
"John William Henry II (born September 13, 1949) is a futures and foreign exchange trading advisor who founded John W. Henry & Company (JWH). He is the principal owner of the Boston Red Sox and co-owner of Roush Fenway Racing and ableenterprises.co.uk.
In March 2006, Boston Magazine estimated his net worth at $860 million, but noted that his company had recently experienced difficulties.[1] In May 2007, reports in the Wall Street Journal[2] and Bloomberg noted further difficulties with the firm."
A lift from Wikipedia, but interesting nonetheless...
"John William Henry II (born September 13, 1949) is a futures and foreign exchange trading advisor who founded John W. Henry & Company (JWH). He is the principal owner of the Boston Red Sox and co-owner of Roush Fenway Racing and ableenterprises.co.uk.
In March 2006, Boston Magazine estimated his net worth at $860 million, but noted that his company had recently experienced difficulties.[1] In May 2007, reports in the Wall Street Journal[2] and Bloomberg noted further difficulties with the firm."
Re: Liverpool Takeover Imminent?
Ooooops
Frying pan/fire?
Ooooops
John William Henry II (born September 13, 1949) is a futures and foreign exchange trading advisor who founded John W. Henry & Company (JWH). He is the principal owner of the Boston Red Sox and co-owner of Roush Fenway Racing and ableenterprises.co.uk. In March 2006, Boston Magazine estimated his net worth at $860 million, but noted that his company had recently experienced difficulties.[1] In May 2007, reports in the Wall Street Journal[2] and Bloomberg noted further difficulties with the firm.
Frying pan/fire?