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Under 23 Player
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What do u wanna know? do utd city etc disclose what they are.doing? why do lpool fans think they have a right . we will know when we need to know as.the.lol saying goes.

Give them a chance its their first full season

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Under 16 Player
Under 16 Player
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Originally Posted By: Stanley Park
I would rather build steady too on sound foundations Craney but where is the building? Some good sponsorship deals yes but one off's based on our past history. Where is the building for the future in fact what is their vision? you don't know that nor do I we are both guessing. For all we know they could be planning to put the club back on the market. And I am sick of hearing they got rid our our debt they have not. If its got rid of then who paid it ?


FSG paid the majority of it off and what little of it was left was transferred to debt owed by FSG not by Liverpool FC, so should they sell the club tomorrow for example there will be no debt on the club assuming the new owners dont take out a loan to buy the club.

Joined: Oct 2009
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Liverpool Legend
Liverpool Legend
Joined: Oct 2009
Posts: 27,628
Originally Posted By: danCrookes
Originally Posted By: Stanley Park
I would rather build steady too on sound foundations Craney but where is the building? Some good sponsorship deals yes but one off's based on our past history. Where is the building for the future in fact what is their vision? you don't know that nor do I we are both guessing. For all we know they could be planning to put the club back on the market. And I am sick of hearing they got rid our our debt they have not. If its got rid of then who paid it ?


FSG paid the majority of it off and what little of it was left was transferred to debt owed by FSG not by Liverpool FC, so should they sell the club tomorrow for example there will be no debt on the club assuming the new owners dont take out a loan to buy the club.


Well that means the debt is on FSG and WE ARE FSG. Liverpool is a brand name within a UK registered Ltd company WHOLLY OWNED BY FSG. So the debt is not paid off is it? The onlt way the debt would be cleared is if John Henry paid it off personally (not by share issue or loan to FSG)

Last edited by Stanley Park; 18/04/12 11:57 PM.

IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
Joined: Oct 2009
Posts: 27,628
Liverpool Legend
Liverpool Legend
Joined: Oct 2009
Posts: 27,628
Originally Posted By: LFC2k5
What do u wanna know? do utd city etc disclose what they are.doing? why do lpool fans think they have a right . we will know when we need to know as.the.lol saying goes.

Give them a chance its their first full season


Both Utd and City are top of the league have top class stadia and top sides. Their fans can see what they are doing.


IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
Joined: Jul 2009
Posts: 12,416
Moderator
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Stan,didn't FSG get the club on the cheap by paying RBS the outstanding debt owed by Kop Holdings(H&G)?


"Romance has broke down
This boy is crack'in up"

So not a moderator

Valar Morghulis
Joined: Jul 2009
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Moderator
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I believe the debt stood at 30 million(can't remember who that was owed to) after the takeover,which could be serviced to the amount of 3 million per annum.


"Romance has broke down
This boy is crack'in up"

So not a moderator

Valar Morghulis
Joined: Jun 2011
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Under 16 Player
Under 16 Player
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Yeah i believe about £220 mil of the debt was paid of during the purchase

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B
Under 23 Player
Under 23 Player
B Offline
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Originally Posted By: Stanley Park
Originally Posted By: danCrookes
Originally Posted By: Stanley Park
I would rather build steady too on sound foundations Craney but where is the building? Some good sponsorship deals yes but one off's based on our past history. Where is the building for the future in fact what is their vision? you don't know that nor do I we are both guessing. For all we know they could be planning to put the club back on the market. And I am sick of hearing they got rid our our debt they have not. If its got rid of then who paid it ?


FSG paid the majority of it off and what little of it was left was transferred to debt owed by FSG not by Liverpool FC, so should they sell the club tomorrow for example there will be no debt on the club assuming the new owners dont take out a loan to buy the club.


Well that means the debt is on FSG and WE ARE FSG. Liverpool is a brand name within a UK registered Ltd company WHOLLY OWNED BY FSG. So the debt is not paid off is it? The onlt way the debt would be cleared is if John Henry paid it off personally (not by share issue or loan to FSG)


Most of the debt is in fact PAID OFF. There is about 20 or 30 million not, which is incredibly manageable. It is nothing.

Joined: Oct 2009
Posts: 27,628
Liverpool Legend
Liverpool Legend
Joined: Oct 2009
Posts: 27,628
Originally Posted By: wakka
Stan,didn't FSG get the club on the cheap by paying RBS the outstanding debt owed by Kop Holdings(H&G)?


Yes I think thats correct. That debt will now be on FSG which is us.


IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
Joined: Oct 2009
Posts: 27,628
Liverpool Legend
Liverpool Legend
Joined: Oct 2009
Posts: 27,628
Originally Posted By: danCrookes
Yeah i believe about £220 mil of the debt was paid of during the purchase


How do you mean? who paid it? if its FSG then we are FSG.


IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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