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thundyr
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I think people are confusing investment with self-sustaining finances. Right now all our profit is being diverted to pay Hick's debt rather a portion going to improve the squad. If we're a good team then he won't need to invest his own money in the squad, but our performance on the pitch then becomes our priority.

He doesn't seem to have the money to build a new stadium for us, but marketing (and, yes, increased ticket prices) will go some way for the club to, yes, loan the money to build its own stadium. That way everything is within the power of the club to control.

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Originally Posted By: thundyr
I think people are confusing investment with self-sustaining finances. Right now all our profit is being diverted to pay Hick's debt rather a portion going to improve the squad. If we're a good team then he won't need to invest his own money in the squad, but our performance on the pitch then becomes our priority.

He doesn't seem to have the money to build a new stadium for us, but marketing (and, yes, increased ticket prices) will go some way for the club to, yes, loan the money to build its own stadium. That way everything is within the power of the club to control.




eekAGHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH, NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNO!

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I'd like to know the thoughts of the players on this investor, whether they were expecting more, less etc etc

Last edited by ChrisH; 06/10/10 02:17 PM.
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Originally Posted By: Growler
This geezer is alledgedly worth a 'mere £540m'

We don't know how much he's proposing to pay for the club, but if it's say a mere £350m, can we get a new stadium built with the change?


Is that all , thats more than I make in a week wink


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Calm down, Growler. Ask yourself how Arsenal built the Emirates stadium. Some guy with a fat cheque book walked in and handed Wenger the money? A little more realism is required.

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I think in the long run we'll be run like Arsenal, with the club largely paying for its self. I just hope he knows what hes in for when he realises £50m will not change alot at all.


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Originally Posted By: thundyr
Calm down, Growler. Ask yourself how Arsenal built the Emirates stadium. Some guy with a fat cheque book walked in and handed Wenger the money? A little more realism is required.


That's TWICE this morning that you've told me to "calm down", and it's starting to get RIGHT on my tits.

I AM calm, and trying to be realistic.
I'm a proffesional cynic by trade.

Polish those rose tinted glass's will you. They are obviously affecting your long term vision.

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Well, you're last post seemed anything but calm, and by the way, the previous "calm down" wasn't me.

I'm just as skeptical as you are about whether this guy is good for LFC, I'm simply trying to muddle through how he plans to run the club. It's clear he's not coming in to solve all our problems - he's merely going to remove our debt. That act will make LFC self-sufficient - I don't think Purslow is lying when he says that financially the club is in a good place outside the debt. A future loan by the club for the club for something the club needs (stadium) is significantly more acceptable than a loan by the club for the owner for absolutely no reason at all (whatever it was that allowed the debt to increase over the past 3 years).

Like you I want all the things we don't have, but I've not been able to see those dreams being realized since the sale process began, so I'm hardly surprised we're looking at a likely owner who will not buy us a stadium using his money.

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