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Joined: Mar 2011
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you've been saying this for years though, yet still they are here. For two obvious reasons: 1) the timespan is too short for any significantly profitable exit. 2) the opportune moment hasn't yet materialised for them. These things take time and unfortunately can often take longer than either we or they would wish, so I wouldn't be surprised if they're here for five to ten more years, all we or they can hope for is that it comes mercifully sooner, for both parties. Yes but if they are hear for another 10 years, then they are hardly short term owners are they? They will have been in charge for 15 years and will have improved the standing of the club by increasing revenue, redoveloping the stadium and surrounding area and hopefully, most importantly by having us as a competitive team challenging on all fronts. If that turns out to be the case, i don't understand how they can be viewed as short term owners, bad owners or penny pinching yanks as some put it. I mean realistacally, if thy stay for 15 years, that's hardly short term. Strong rumours going aropund taht they recently (within the last 2 months) turned down a takeover bid. That means they weren't willing to sell. I am sure they won't sell until the stadium work is completed anyway, but I mean, it's not like they are actively looking to sell then either. Yes everything is always for sale, at the right price, but there is a huge difference between actively looking to sell and considering an offer which may be too good to turn down. Well they’ve proved already that we can’t take them at their word, and the logic of their actions speak loudly of short termism. Of course they’ll stay as long as they need to in order to make the kind of ROI they came for, and just because they might have to stay 10 or 15 years does not negate the fact that they’re in it for a fast buck, in the short term, it’ll just mean they don’t make it as quickly as they might have wished. Their backing away from a proper stadium is very significant in this respect, as it would make very sound financial sense to go for a 70 - 75,000 seat stadium at this time, if they intended to stay long term. Interest rates are at historical low’s and can only go upward from here, in addition Europe, including Britten are desperately trying to stoke inflation which will significantly cheapen any money bought now. Any owner intending to stay long term, with our outdated stadium, would make the investment now, it’s a once in a lifetime opportunity to do large scale infrastructural development. Instead they’re doing the minimum they can get away with, and that's significant.
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Joined: Apr 2013
Posts: 3,908
Under 23 Player
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Under 23 Player
Joined: Apr 2013
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you've been saying this for years though, yet still they are here. For two obvious reasons: 1) the timespan is too short for any significantly profitable exit. 2) the opportune moment hasn't yet materialised for them. These things take time and unfortunately can often take longer than either we or they would wish, so I wouldn't be surprised if they're here for five to ten more years, all we or they can hope for is that it comes mercifully sooner, for both parties. Yes but if they are hear for another 10 years, then they are hardly short term owners are they? They will have been in charge for 15 years and will have improved the standing of the club by increasing revenue, redoveloping the stadium and surrounding area and hopefully, most importantly by having us as a competitive team challenging on all fronts. If that turns out to be the case, i don't understand how they can be viewed as short term owners, bad owners or penny pinching yanks as some put it. I mean realistacally, if thy stay for 15 years, that's hardly short term. Strong rumours going aropund taht they recently (within the last 2 months) turned down a takeover bid. That means they weren't willing to sell. I am sure they won't sell until the stadium work is completed anyway, but I mean, it's not like they are actively looking to sell then either. Yes everything is always for sale, at the right price, but there is a huge difference between actively looking to sell and considering an offer which may be too good to turn down. Well they’ve proved already that we can’t take them at their word, and the logic of their actions speak loudly of short termism. Of course they’ll stay as long as they need to in order to make the kind of ROI they came for, and just because they might have to stay 10 or 15 years does not negate the fact that they’re in it for a fast buck, in the short term, it’ll just mean they don’t make it as quickly as they might have wished. Their backing away from a proper stadium is very significant in this respect, as it would make very sound financial sense to go for a 70 - 75,000 seat stadium at this time, if they intended to stay long term. Interest rates are at historical low’s and can only go upward from here, in addition Europe, including Britten are desperately trying to stoke inflation which will significantly cheapen any money bought now. Any owner intending to stay long term, with our outdated stadium, would make the investment now, it’s a once in a lifetime opportunity to do large scale infrastructural development. Instead they’re doing the minimum they can get away with, and that's significant. Sounds sound.
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Joined: Jun 2011
Posts: 8,791
1st Team Squad
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Joined: Jun 2011
Posts: 8,791 |
Herc, you say building a new 75k stadium would make a very investment but why should I or anyone take your word for it over the word of numerous financial consultants? You also said they have proved they cant be trusted, i ask you, how?
When have they gone back on their word?
Sign Reus
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Joined: Oct 2009
Posts: 27,628
Liverpool Legend
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Liverpool Legend
Joined: Oct 2009
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Vg Herc, you say building a new 75k stadium would make a very investment but why should I or anyone take your word for it over the word of numerous financial consultants? You also said they have proved they cant be trusted, i ask you, how?
When have they gone back on their word? I prefer to use my own judgement rather than blindly believe shadowy consultants commissioned by FSG and working to whatever brief set. As Hercules very intelligently describes there has never been a better time to build a new stadium to secure the clubs future instead we are building one stand. That's pityful
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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Joined: Dec 2010
Posts: 11,128
1st Team Regular
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1st Team Regular
Joined: Dec 2010
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An example of how they went back on their word.
They told us we could compete with anyone in the transfer market.
Yeah, anyone from the Championship.
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Joined: Oct 2009
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Liverpool Legend
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Liverpool Legend
Joined: Oct 2009
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They have gone back on their word even on the poxy stadium redevelopment they are now talking phase one and phase two, phase two being the anfield road which is to be redeveloped at an indeterminate time in future in other words put to the long grass
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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Joined: Jun 2011
Posts: 8,791
1st Team Squad
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1st Team Squad
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Herc, you say building a new 75k stadium would make a very investment but why should I or anyone take your word for it over the word of numerous financial consultants? You also said they have proved they cant be trusted, i ask you, how?
When have they gone back on their word? I believe the full redevelopment was never conditional on cl football but they have said now said that if cl football is not achieved the Anfield road refurb won't happen I'm going of memory so I stand corrected if it did state that in the beginning but I don't recall it ! So that is along the lines of going back on there word imo Where did they say it was dependant on CL footy? Could you post a link? First I hear of it.
Sign Reus
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Joined: Jun 2011
Posts: 8,791
1st Team Squad
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1st Team Squad
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An example of how they went back on their word.
They told us we could compete with anyone in the transfer market.
Yeah, anyone from the Championship. I have seen no evidence to suggest we can't...The fact we don't want to throw bags of money at players who might not be worth that money does not mean we cannot.
Sign Reus
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Joined: Jun 2011
Posts: 8,791
1st Team Squad
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1st Team Squad
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They have gone back on their word even on the poxy stadium redevelopment they are now talking phase one and phase two, phase two being the anfield road which is to be redeveloped at an indeterminate time in future in other words put to the long grass Please provide a link where it said that it would all be done in one phase? As a matter of fact it was always stated that it would be one stand first, then the other. From the get go. You guys are clutching at straws to beat our owners with, but the reality is, there is not that much that they have done wrong. I understand we don't agree, but let's not argue amongst eachother, let's just look at the facts. They are the only owners owners who have promised to do something regarding the stadium, and have actually done it. They said they would consider all options and they have and ecided what they think is best. The work is ongoing as we speak. Thats a lot more than any of our previous owners.
Sign Reus
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Joined: Jun 2011
Posts: 8,791
1st Team Squad
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1st Team Squad
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Posts: 8,791 |
Vg Herc, you say building a new 75k stadium would make a very investment but why should I or anyone take your word for it over the word of numerous financial consultants? You also said they have proved they cant be trusted, i ask you, how?
When have they gone back on their word? I prefer to use my own judgement rather than blindly believe shadowy consultants commissioned by FSG and working to whatever brief set. As Hercules very intelligently describes there has never been a better time to build a new stadium to secure the clubs future instead we are building one stand. That's pityful And I prefer to use MY OWN judgement and acknowledge the fact I am no accountant and that I do not always know best. So I take the word of the experts. It is no more illogical then it would be for me to take the word of someone who has clearly displayed anti FSG sentiment in the past. You call it blindly believing, I call it listening to the experts who know more on the topic at hand than either you or me. I wouldn't trust my judgement in a medical situation, i would ask a doctor, so why trust my own judgement on another topic i know nothing about? Those who have all the facts at their disposal have clearly indicated taht reconstruction is the viable option and the best for the future of the club.
Sign Reus
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