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you just knew that this would happen. that greedy [oops] would never let go of our club without a real fight. i just hope there is some way for the rest of the board to stop this from going through but tbh i don't think there's too much that they can do...


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merv #77601 19/09/10 09:28 AM
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I am not an ITK.

While I think the journo is writing this based on info he has received and is writing in good faith, I think this is leaked info that intended to make a statement to potential investors, rather then tell us about refinancing.

I am of the opinion that this is like the pizza man situation. However, they couldn't pull the pizza man out again because we are wise to that.

I am not saying that come the 6th or the 11th, that this will be all over, however Hick will not own us outright.

As I have said over and over again, when the time is right we will see awesome new owners that we wont know of until the day they announce the purchase. The only thing we can safely say is that the right time hasn't arrived yet, however rest assured that time will arrive soon enough, and at the right price for the purchaser not an inflated Hicks price.

Occy #77602 19/09/10 09:53 AM
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RBS have no right to foreclose prior to the 6th. If Hicks has the money, the only thing that can stop him is if the other members of the board take legal action against him for not fulfilling his intent to sell the club. However, the members of the board themselves have failed to fulfill their own obligation to actually sell the club - waiting for the bank to repossess is not selling. I'm no lawyer, but I think it will be hard for any court of law to do anything other than dismiss the case. There's no law that says you can't loan money to pay off a different loan; generally people who default on loans become credit risks, but Hicks seems able to loan money regardless, calling into question the integrity of loaning institutions.

In the absence of a buyer, Hicks still owns the club and probably has the power to ignore the board. The FA have no power to interfere regarding what fit and proper practices a club should be forced to follow; they should have prevented LBO takeovers of Liverpool and United, but the sad truth is that we are the lesson to others. No one wondered why Man U's net spend has been so low in recent times (even if you ignore the Ronaldo sale)? They're in just as much trouble as we are, but no one knows it yet because they're still performing on the pitch.

There is a reason that LBOs are forbidden in certain countries, as it is nothing more than legalized [oops], and the world of European football is beginning to understand why. As long as people are willing to lend money to Hicks, and as long as he is able to repay those loans using Liverpool's money, we have no leg to stand upon.

#77603 19/09/10 10:38 AM
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why is "f r a u d" a censored word?

Dunk #77604 19/09/10 12:56 PM
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Well it's really time now to up the anti - It will have to be boycotts of merchandise and games. I can't see how the Police could guarantee his safety at Anfield if he pulled this off, he surely must realise that he'd never be able to attend another game again?

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i fought the board had the power to reject anything like this as liverpool is control by the board now... or maybe this is just some cock up story to effect us in the game today because i have also seen another story saying martin oneil to manage liverpool

#77611 19/09/10 01:45 PM
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Take a look at the liars publishing this! NOTH for god's sake. How can anyone take what they say seriously? I certainly don't.
Until something official is announced take no notice.
I do think Hicks is trying his best to make that cash he wants but seriously all the odds are against him. If he succeeds, not only Liverpool will go down to its lowest ebb but so will Football in general. This cannot be allowed to happen to such an example of tradition and sport in general. It turns the whole concept of sport to the ground. It's a farce. This man has to be stopped.

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I know we all hate the Mancs but the same is happening to them. The irony of all of this is today these 2 teams will meet in one of the biggest sporting events that Britain has to offer. Yet they're existence as 2 great sporting institutions is now in question. The people that follow both these teams are just ordinary people on average wages for the most part. Do they really know what is happening to them behind closed doors. I think we all have a right as fans and the paying public to have a huge say it what goes on. God knows what will happen if this kind of disaster is allowed to happen.

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In terms of fan bases I don't think you could find more people following any other sports clubs anywhere in the world. Do these greedy b@st@rds know how many people they're up against. Don't they have enough money already? I'm amazed that we can sit back and see parasites like Hicks just going from country to country picking out millions on the back of normal hardworking people. It's a disgrace.

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Originally Posted By: Troycook8
Originally Posted By: whiskey123
This is from the News of the World which is just shi te rag. I've no doubt that there are big things happening at the club and the next month will be historic in the clubs history, either for good or bad. But the News of the World is just rehashing in a sensationalist manner what we already know.

Ignore the story and wait until we hear something from more reliable sources.
It cant be ignored because its everywhere now , in every paper , every forum . Its the truth and we are f'ed http://www.telegraph.co.uk/sport/footbal...-in-charge.html


I guess what p*ssed me off was that its a NoTW story, which gives me hope becuase it rarely gets anything right. Also I just dont want to believe that this can happen.

These are the emails addresses to target: Every LFC supporters email is going to be blacklisted by the end of this f ucking saga!

[email protected]
[email protected]
[email protected]
[email protected]
[email protected] [email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

This is the general email that is being sent:

Dear Sir/Madam,

This morning, supporters of Liverpool Football Club woke up to the news that Blackstone/GSO is considering a £281m loan to Tom Hicks to continue in his leveraged ownership of the club, news which is greeted by us with a mixture of anger, outrage and despair.
I can assure you of a number of facts:
Should Blackstone/GSO or any other of the financial institutions cc-ed to this email bail out Tom Hicks, you will be taking a heavy risk, even without the hostility of the supporters of the club.
You are no doubt aware that Hicks Sports Group defaulted on a $525m loan last year and the details of the lenders’ outrage at his subsequent manoeuvres concerning land around the Texas Rangers’ stadium. If not, we would be happy to provide you with the details.
Hicks subsequently gave interviews making clear that the default was ‘strategic’ and painting himself as a successful businessman in other fields.
Hicks cannot have it both ways. Either he is a successful businessman – in which case he thinks nothing of reneging on financial agreements if they prove onerous to him – or he did not have the money to repay the loan. In neither case can he be considered a good risk for repayment of a large loan.
No doubt, Hicks has portrayed LFC as a successful vehicle with a growing commercial profile and the ability to repay high interest payments in his approach to you. You should be aware that LFC is in decline, thanks to Hicks’s tenure, and has dropped out of the lucrative Champions League. Its inability to support the interest on the current loans is one factor draining the on-pitch success that ensures off-pitch profit. On Thursday, its ground was 20,000 short of capacity as fans stayed away. It is said that Hicks is seeking to mortgage the loan against the ground and players: if so, you should also be aware that the ground is worth little, being in an extremely depressed area of Liverpool, and the players have made publicly clear their opposition to Hicks’ continuation as owner so that it is likely the best will leave (their ability to pick their own destinations means there can be no guarantee of their achieving their highest worth) should he stay.
It is said that Hicks believes the supporters will accept him as a sole owner. If he has indeed been so deluded as to have informed you of this, I now seek to correct the impression. Hicks and his son are held in contempt by millions of Liverpool supporters worldwide. We are increasingly mobilised and drastic measures, including boycotts, are now being discussed. We are not prepared to see the club we love bled to death.
Has he informed you about Liverpool’s worldwide supporter base? A word of advice: the lukewarm fans will drift away as the debt bleeds the club dry of success, the hardcore fans will boycott and do everything in their power to ensure Hicks is ousted without a penny of profit as quickly as possible.
Don’t believe me? Research us. Look at whom you are dealing with. Look at the boycott we carried out against The Sun newspaper after it defamed our supporters. Look at how we drove shock jockey S Cohen off the air when he insulted our dead. We are not the tame consumers you lbo people are used to dealing with. We are militant, passionate and committed. I don’t know how we will do it, I don’t know how long it will take, but we will drive Hicks from this club and your organisation will be the target of our considered and organised action if you bail him out.
Oh, and personally, I wouldn’t lend Hicks a fiver.
Yours faithfully,

Last edited by whiskey123; 19/09/10 02:58 PM.

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