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£350m loan deadline date moved again #1253 06/01/09 05:57 AM
S Steve Unregistered
Steve Unregistered S	The deadline date for GG and TH's £350m debt has been moved again to July 24th. I just hope the two yanks can get this sorted and get it paid off somehow as it will take a lot of strain off the club. Quote: Taken From KopTalk's News Page Owners granted more time to repay £350m loan George Gillett and Tom Hicks have been granted a further six months to repay their £350million loans. The 'working capital' loans were due to be refinanced by January 25th but the Royal Bank of Scotland and U.S. investment bank Wachovia have deferred the deadline until July 24th. Sadly RBS and Wachovia could renegotiate again in the summer although the interest on the loans only brings in 5% for the lenders. If a new deal is struck in the summer, financial experts claim it would further increase Liverpool's indebtedness because of the arrangement fees.

Re: £350m loan deadline date moved again #1256 06/01/09 07:02 AM
Joined: Dec 2008 Posts: 3,515 T trepie Moderator
trepie Moderator T Joined: Dec 2008 Posts: 3,515	this was always going to happen as it was written into the original contract - they were just hoping to get better terms off someone else instead i just hope this is a precursor to either a sale or to them making a concerted effort to back us to the title www.dailyblithe.com http://www.hilarious-joke.com

Re: £350m loan deadline date moved again trepie #1258 06/01/09 07:07 AM
Joined: Dec 2008 Posts: 1,870 Sydney, Australia Joelkeeper Under 23 Player
Joelkeeper Under 23 Player Joined: Dec 2008 Posts: 1,870 Sydney, Australia	Is it just me or is anyone else bored with the backroom/financial side of things. I know it's important to the success of the club but it's just the same lines trotted out every month for the past 2 years. It's getting a bit old.

Re: £350m loan deadline date moved again Joelkeeper #1260 06/01/09 02:28 PM
S Steve Unregistered
Steve Unregistered S	Originally Posted By: Joelkeeper Is it just me or is anyone else bored with the backroom/financial side of things. I know it's important to the success of the club but it's just the same lines trotted out every month for the past 2 years. It's getting a bit old. Nope I am bored solid, If GG and TH clear the debt and get back on track I am quite happy for them to stay and finish what they started.

Re: £350m loan deadline date moved again #1261 06/01/09 03:41 PM
Joined: Dec 2008 Posts: 570 S Simon777 Under 18 Player
Simon777 Under 18 Player S Joined: Dec 2008 Posts: 570	Cant agree, the issue that they haven't even started what they promised. They've proved themselves to be untrustworthy custodians of the club. The financial situation will not be better in six months so this is simply a stay of execution, in which the finances of the club will get worse, as will the finances of football in general. I am sure they will sell, its a question of when and how much damage they do before they go...

Re: £350m loan deadline date moved again #1265 06/01/09 09:42 PM
Joined: Dec 2008 Posts: 309 vishal-lfc Under 16 Player
vishal-lfc Under 16 Player Joined: Dec 2008 Posts: 309	Originally Posted By: Steve Originally Posted By: Joelkeeper Is it just me or is anyone else bored with the backroom/financial side of things. I know it's important to the success of the club but it's just the same lines trotted out every month for the past 2 years. It's getting a bit old. Nope I am bored solid, If GG and TH clear the debt and get back on track I am quite happy for them to stay and finish what they started. You must be joking Steve...

Re: £350m loan deadline date moved again vishal-lfc #1270 06/01/09 10:51 PM
Joined: Dec 2008 Posts: 109 S SouthWestRed Under 16 Player
SouthWestRed Under 16 Player S Joined: Dec 2008 Posts: 109	Don't be stupid Steve, they are a couple of lying cheats. I can't wait to get rid of them from our beloved club

Re: £350m loan deadline date moved again SouthWestRed #1375 10/01/09 03:30 AM
Joined: Jan 2009 Posts: 69 Halewood, Liverpool KopEndRed Under 16 Player
KopEndRed Under 16 Player Joined: Jan 2009 Posts: 69 Halewood, Liverpool	[quote=SouthWestRed I can't wait to get rid of them from our beloved club [/quote] Yep, spot on mate but we need to get rid of them quietly and not affect the club with a major takeover known by everyone, it nearly ruined us when everyone found out about rafa not speaking to the yanks, then the yanks not speaking to each other, then they were, then wernt... lol We are Liverpool and this is Anfield. Welcome to Hell.

Re: £350m loan deadline date moved again KopEndRed #1376 10/01/09 03:30 AM
Joined: Jan 2009 Posts: 69 Halewood, Liverpool KopEndRed Under 16 Player
KopEndRed Under 16 Player Joined: Jan 2009 Posts: 69 Halewood, Liverpool	dont know what happend with the quote there but you get the picture haha We are Liverpool and this is Anfield. Welcome to Hell.

Re: £350m loan deadline date moved again KopEndRed #1390 10/01/09 10:29 AM
Joined: Dec 2008 Posts: 309 vishal-lfc Under 16 Player
vishal-lfc Under 16 Player Joined: Dec 2008 Posts: 309	Originally Posted By: KopEndRed [quote=SouthWestRed I can't wait to get rid of them from our beloved club Yep, spot on mate but we need to get rid of them quietly and not affect the club with a major takeover known by everyone, it nearly ruined us when everyone found out about rafa not speaking to the yanks, then the yanks not speaking to each other, then they were, then wernt... lol [/quote] Yeps, just hope we get rid of them ASAP, but for the time being we should enjoy our top position and support our team... Anyway, we need stability now, and it might prove to be a blessing in disguise if G&H stays here till ONLY the end of the season...

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