Liverpool thread 2020/21

[The Clansman]

Factoring, or invoice financing, is very common in business. There's at least one poster on here who does that for a living. The difference is that Barcelona owe the financing company money, rather than Liverpool.

It kind of happened when Shinawatra took us over. John Wardle & David Makin had put loans of £22m into City at that point. Shinawatra offered them cash for those, but it was quite a bit less than £22m. They took that cash and assigned the total £22m to Shinawatra, so that the club now owed him the £22m. Which the little rascal took back in full when ADUG bought us.

But there's a better story about transfer invoice financing. When we bought Sergio in 2011, it was something like one third down and two further instalments. Atletico factored the two future instalments to get the cash but the FA wouldn't sanction the transfer unless they knew how Atletico had done that and where they got the money from. Atletico said that it had come from an investment fund in an offshore tax haven (think it was the BVI) but there was a stand off as the FA wanted ot know exactly who'd provided it.

They agreed to tell, provided it wasn't made public, whoch was accepted. However, the provider was described as a NW businessman who'd made his fortune from selling the chain of high street betting shops that bore his name. Now I took that to be Fred Done, the well known United fan, as I can't think of anyone else who fits that description.

If that's the case, the Agueroooooo moment was courtesy of a wealthy red.

Oh please let this be true. I know several rags who would leap off very tall buildings if they found out that Sergio's transfer was somehow facilitated by Fred the Red...

 

[Blueboy73]

Another fawning BBC documentary about their title win tomorrow night. How many is that now? Two? Three?

This means more :-)

 

[bluethrunthru]

In the papers today Koeman wanting Mane and Wijnaldum at Barca and Klopp saying "we don't want Messi " ( like thats ever been an option ) and " we won't be spending big " ( Fenway won't give him any money in other words ) - potential turbulent closed season

 

[mscenterh750]

Come on Arsenal

 

[laserblue]

In the papers today Koeman wanting Mane and Wijnaldum at Barca and Klopp saying "we don't want Messi " ( like thats ever been an option ) and " we won't be spending big " ( Fenway won't give him any money in other words ) - potential turbulent closed season

Just like when the Glazers tightened the purse strings and the GPC declared, completely unconvincingly, that the rags wouldn't be bringing any players in because there was "no value in the market".

 

[Maly]

eerrrrr.............

Re: Man City - the Lisbon Lyons
« Reply #10042 on: Today at 10:38:55 AM »

Quote from: royhendo on August 18, 2020, 10:16:48 AM

Ha ha poor little flower. The scary or possibly funny thing is that the poster will actually believe what they’ve written.

Clueless conspiracy theorist

 

[bluethrunthru]

Ha ha poor little flower. The scary or possibly funny thing is that the poster will actually believe what they’ve written.

Clueless conspiracy theorist

Gosh - he must have spent a lot of time just thinking and writing utter bollocks - cult.

 

[super_city_si]

I see flip flop has been out spouting shit again about this bucket of piss being a proper club.

What is a proper club?

One that gets kicked out of Europe?
One that supports racism?
One that steals data?
One that supports money laundering?

Spits at kids will be along soon to lecture us on how to gob off at a moving target. They are a bunch of cretins.

One that leeches off the government the first chance it gets by furloughing staff?

 

[Jam Tomorrow]

Have to say, I dont really see the issue with this article in relation to Liverpool. indeed the idea of selling the debt to another instituion to get say 95% in one hit sort of makes sense.

That said, the main thing I see in this and the issue I would have , if I were a City supporter is the huge mountain of debt and the lack of any action or even the idea of action in relation to FFP. UEFA go after City, a club with no debt and owners who are imporving the community and city as a whole, not just the team. Yet the do nothing about clubs effectively building up masses of debt. Surely that should be the real thing that FFP looks at.

the article seems to imply that LFC would receive very little of the €104m still owed them even by selling the outstanding debt to a third party. Makes me wonder if both clubs agreed to go public with an artificially high fee to pacify the fans when in reality LFC and Barcelona agreed to a much lower fee.

 

[super_city_si]

In the papers today Koeman wanting Mane and Wijnaldum at Barca and Klopp saying "we don't want Messi " ( like thats ever been an option ) and " we won't be spending big " ( Fenway won't give him any money in other words ) - potential turbulent closed season

Wasn’t koeman Southampton manager when the dippers tapped up Van Dijk and he went on strike? They were doing well at the time too. I bet he’s stewed on that for a while and now the shoe is on the other foot.