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Re: Is it time we exploded the myth about FSG? Stanley Park #265051 01/09/12 01:28 PM
Joined: Aug 2012 Posts: 1,537 T Toothy Under 23 Player
Toothy Under 23 Player T Joined: Aug 2012 Posts: 1,537	no you understand the issue but are only revealing half of it on the thread as you don't like fsg which is fair enough but dont try and mix up all the debt together. There are several parts to the debt of lfc holdings and other companies. The debt is less now than it was. Last edited by Toothy; 01/09/12 01:29 PM.

Re: Is it time we exploded the myth about FSG? Toothy #265052 01/09/12 01:28 PM
Joined: Dec 2011 Posts: 562 Kane Under 18 Player
Kane Under 18 Player Joined: Dec 2011 Posts: 562	Originally Posted By: Toothy I can see whith my own eyes its not the same just on scanning the net , granted the data is never 100 pc reliable wherever its published .. http://www.onebooker.com/en/2010/09/are-...-comes-to-debt/ this ones 2008-9 season LFC were paying 43million interest and profit was 12 million. Look at the link - the other clubs didnt have this massive discrepancy , most were running on even or profit. Then the last figures i can find are in the guardian, for the season ending 2010, http://www.guardian.co.uk/news/datablog/2011/may/19/football-club-accounts-debt liverpool were paying if the figures are correct 18 percent interest. Still too high but less than arsenal . Debt is 123 million. You are right in saying that nesv are different as they have the finances to clear all the debt. But why is this a bad thing? Damned it they do damned if they don't- But why should they? Its like a little kid saying to his dad you earn enough to buy me that 4000 pound bike. Why should be buy it? Some fans need to grow up! F*cks sake just wanted to sign a striker

Re: Is it time we exploded the myth about FSG? Toothy #265057 01/09/12 01:31 PM
Joined: Oct 2009 Posts: 27,628 Not the EU Stanley Park Liverpool Legend
Stanley Park Liverpool Legend Joined: Oct 2009 Posts: 27,628 Not the EU	Originally Posted By: Toothy no you understand the issue but are only revealing half of it on the thread as you don't like fsg which is fair enough but dont try and mix up all the debt together. There are several parts to the debt of lfc holdings and other companies. The debt is less now than it was. Why ? how can it be unless there was a share issue? IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY

Re: Is it time we exploded the myth about FSG? Stanley Park #265058 01/09/12 01:32 PM
Joined: Aug 2012 Posts: 1,537 T Toothy Under 23 Player
Toothy Under 23 Player T Joined: Aug 2012 Posts: 1,537	Originally Posted By: Stanley Park As far as I am aware LFC is a private limited company wholly owned by FSG. FSG financed £300m to buy it. That financing has a cost. Please try to understand before one of us dies. Financing has a cost? I didnt know that. I must pull you on one point . You said I didnt read your original thread because according to you I said that FSG had removed all debt from the company. I wrote that the interest payement were less now than under hicks. So you try and read replies before accusing people of not reading your threads. Regarding the spending, they paid off a large part of the debt , certainly liverpool don't have massive interest payments now. Please dont patronize me because I dont agree with your (badly written and not backed up with figures or facts) thread Thanks Last edited by Toothy; 01/09/12 01:34 PM.

Re: Is it time we exploded the myth about FSG? Toothy #265061 01/09/12 01:34 PM
Joined: Oct 2009 Posts: 27,628 Not the EU Stanley Park Liverpool Legend
Stanley Park Liverpool Legend Joined: Oct 2009 Posts: 27,628 Not the EU	Why is the debt less toothy ? have we had a share issue? how can it be less? IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY

Re: Is it time we exploded the myth about FSG? Stanley Park #265062 01/09/12 01:35 PM
Joined: Aug 2012 Posts: 1,537 T Toothy Under 23 Player
Toothy Under 23 Player T Joined: Aug 2012 Posts: 1,537	You thought FSG were going to pay 300 million cash to rsb? If you are paying 18 million interest as opposed to 45 million interest for example the final payment (unless there has been an agreement on the final sum (unlikely) will be less, in effect your 'debt' is less. The original sum borrowed is still there. Hicks borrowed with money he didnt have FSG have the money. Simple. You want to force FSG to buy a 50 million player because they have it . Fair enough but that doesnt mean they are robbing the club. To suggest otherwise when they bought the donkey for 35 million is untrue Last edited by Toothy; 01/09/12 01:39 PM.

Re: Is it time we exploded the myth about FSG? Stanley Park #265063 01/09/12 01:36 PM
Joined: Oct 2009 Posts: 27,628 Not the EU Stanley Park Liverpool Legend
Stanley Park Liverpool Legend Joined: Oct 2009 Posts: 27,628 Not the EU	This showes exactly what I was saying most reds fans have not got a clue how FSG are conning us. Yes they are very clever too clever by half. IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY

Re: Is it time we exploded the myth about FSG? Toothy #265064 01/09/12 01:36 PM
Joined: Oct 2009 Posts: 27,628 Not the EU Stanley Park Liverpool Legend
Stanley Park Liverpool Legend Joined: Oct 2009 Posts: 27,628 Not the EU	Originally Posted By: Toothy You thought FSG were going to pay 300 million cash to rsb? ? IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY

Re: Is it time we exploded the myth about FSG? Stanley Park #265065 01/09/12 01:39 PM
Joined: Aug 2012 Posts: 1,537 T Toothy Under 23 Player
Toothy Under 23 Player T Joined: Aug 2012 Posts: 1,537	Originally Posted By: Stanley Park This showes exactly what I was saying most reds fans have not got a clue how FSG are conning us. Yes they are very clever too clever by half. Explain. Give some figures then Where is the c0n? Last edited by Toothy; 01/09/12 01:39 PM.

Re: Is it time we exploded the myth about FSG? Toothy #265067 01/09/12 01:41 PM
Joined: Oct 2009 Posts: 27,628 Not the EU Stanley Park Liverpool Legend
Stanley Park Liverpool Legend Joined: Oct 2009 Posts: 27,628 Not the EU	Toothy I have explained to you over and over again and its obvious its gone over your head. Have a cup of tea mate. IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY

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