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Joined: Jan 2010
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Originally Posted By Stanley Park
Originally Posted By jammysht
Originally Posted By Stanley Park
Moores for all his faults loved the club how can you be an owner of a club and not be interested in its fortunes ?


Yup loved it so much he sold to the yanks for a few more pennies without checking their backgrounds and track record and nearly destroyed the club.


Not defending moores but under company law he was obliged to take the highest offer he had to act in the interests of shareholders there were many small shareholders at the time. He sold because the club needed a new stadium ten years on all we have is a new stand we might as well have stuck with moores at least he was a fan. Although he had no idea commercially however with a good managing director it might have worked better than this situation we are in now. As for checking their backgrounds moores had a team of professionals to do that


No he was not, it is not only about the price of shares but what is best for the club. As a director it is his duty to look at the interest of the club before the interest of shareholders, this is what company law says

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this topic keeps getting interesting n interesting NOT


Steven Gerrard: Heartbeat of LFC.


football is fuckingg cruel
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Liverpool Legend
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No they didn't do a good job but there we go Vish company law says directors must look after the interests of shareholders. The truth is we have had poor owners for decades which is why we are where we are


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Originally Posted By Stanley Park
No they didn't do a good job but there we go Vish company law says directors must look after the interests of shareholders. The truth is we have had poor owners for decades which is why we are where we are


So the route cause of all this is Moores selling to the wrong people. We can blame FSG all we want for not building a new stadium but if Moores had done his home work and not sold to H&G (I'm sure there will have been a way not to), we may not be in this situation.

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Originally Posted By Stanley Park
No they didn't do a good job but there we go Vish company law says directors must look after the interests of shareholders. The truth is we have had poor owners for decades which is why we are where we are

I would add that we fans have been at fault to the degree that we've been too accommodating of failure and mediocrity for far too long as well. We didn't put sufficient pressure on those in charge, partly because we were arrogant enough to assume we'd always be at the top, and partly because we were resting on the laurels won in previous years.

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Originally Posted By wilkij1975
Originally Posted By Stanley Park
No they didn't do a good job but there we go Vish company law says directors must look after the interests of shareholders. The truth is we have had poor owners for decades which is why we are where we are


So the route cause of all this is Moores selling to the wrong people. We can blame FSG all we want for not building a new stadium but if Moores had done his home work and not sold to H&G (I'm sure there will have been a way not to), we may not be in this situation.


To be fair, DIC weren't acting great, they were dragging their heals on checking the club and missing deadlines when the club were trying to place £10million orders for steelwork so the stadium could be built for 2009 !!! so that put the board in a difficult position and I think H&G coming in with all their b*llsh*t promises would have sounded like manna from heaven .... they still should have been checked out better.

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Liverpool Legend
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Originally Posted By wilkij1975
Originally Posted By Stanley Park
No they didn't do a good job but there we go Vish company law says directors must look after the interests of shareholders. The truth is we have had poor owners for decades which is why we are where we are


So the route cause of all this is Moores selling to the wrong people. We can blame FSG all we want for not building a new stadium but if Moores had done his home work and not sold to H&G (I'm sure there will have been a way not to), we may not be in this situation.


I am no fan of moores yes probably was the root cause selling to Gillet and hicks was a foul up. But that does not make FSG good owners they are stable and professional you can say that but there it ends. They are minimising investment both the team and the stadium in order to lever the maximum return when they sell which hopefully will be soon.


IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
Joined: Jun 2009
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Liverpool Legend
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Originally Posted By Stanley Park
Originally Posted By wilkij1975
Originally Posted By Stanley Park
No they didn't do a good job but there we go Vish company law says directors must look after the interests of shareholders. The truth is we have had poor owners for decades which is why we are where we are


So the route cause of all this is Moores selling to the wrong people. We can blame FSG all we want for not building a new stadium but if Moores had done his home work and not sold to H&G (I'm sure there will have been a way not to), we may not be in this situation.


I am no fan of moores yes probably was the root cause selling to Gillet and hicks was a foul up. But that does not make FSG good owners they are stable and professional you can say that but there it ends. They are minimising investment both the team and the stadium in order to lever the maximum return when they sell which hopefully will be soon.


Maybe there are better owners out there but they're hardly minimising spending really. We've been the fifth highest for net spend on players up until this season and are in the top seven for spending (gross) in Europe for the last 7 years. You can say that it's all from player sales but they said we'd be self sufficient and we are.

They've also updated the stadium which no one has done since Moores all those years ago. Maybe not risking all their wealth (why would anyone?) on a new stadium but that's not the be all and end all that you make out as others with shiney new stadiums have proved.

I'd say there are plenty of fans of other clubs that wish they had owners as bad as ours.

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Liverpool Legend
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For a club the stature of Liverpool 5th highest net spend is not very high is it ?


IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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Liverpool Legend
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Originally Posted By Stanley Park
For a club the stature of Liverpool 5th highest net spend is not very high is it ?


Considering we're the 5th richest club in the country, what do you expect?

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