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#86520 03/11/10 01:42 PM
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Not sure how to interpret the comments from John Henry re loading the club with stadium debt possibly. This means a significantly reduced transfer pot in the short term whilst the stadium is built. Can't see how they would load costs on the redevelop Anfield, this wouldn't cost anywhere near how much a new ground would cost.

Do we have fears on having to service more debt than we had with dumb and dumber?

RedNoel #86522 03/11/10 01:53 PM
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where and when did he say that? even if we did have debt atleast it will have been for a good corse and not to line the pockets of greedy yanks

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I can see LFC loaning the money to redevelop Anfield/build at Stanley Park. I suggested as much prior to the sale of the club. The point here is that the club would be buying it's own stadium, exactly as Arsenal have done, and honestly it's a plan that suggests NESV are serious about making the club self-sufficient (which is a good thing). It's not giving money to people who will simply take it. Yes, if we're funding a stadium then profit that could have gone to the squad will now be diverted, but we're a mess right now and I'd prefer we struggled along gamely in the LFC way until we have 60 000 bums in seats to push us on to the next level. I'd rather we concentrated on finding the right manager and creating a strong foundation for the future of the club (buying and developing youth, bringing them into the first team, getting the stadium sorted so that we have the financial muscle to become a force in our own right once more) than frittering away tens of thousands of pounds for no tangible gain as we have been doing for the past few seasons.

Obviously first prize is that NESV throws money at us, but I'm not convinced that throwing sound economic principles out the window is the way forward.

#86529 03/11/10 02:23 PM
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Originally Posted By: thundyr
I can see LFC loaning the money to redevelop Anfield/build at Stanley Park. I suggested as much prior to the sale of the club. The point here is that the club would be buying it's own stadium, exactly as Arsenal have done, and honestly it's a plan that suggests NESV are serious about making the club self-sufficient (which is a good thing). It's not giving money to people who will simply take it. Yes, if we're funding a stadium then profit that could have gone to the squad will now be diverted, but we're a mess right now and I'd prefer we struggled along gamely in the LFC way until we have 60 000 bums in seats to push us on to the next level. I'd rather we concentrated on finding the right manager and creating a strong foundation for the future of the club (buying and developing youth, bringing them into the first team, getting the stadium sorted so that we have the financial muscle to become a force in our own right once more) than frittering away tens of thousands of pounds for no tangible gain as we have been doing for the past few seasons.

Obviously first prize is that NESV throws money at us, but I'm not convinced that throwing sound economic principles out the window is the way forward.


Very true. I doubt anyone was going to pay for the building of a new stadium. Its just like getting a loan to build your own home - the club was always going to have to make the mortgage repayments and all stadium debt will be on the club id imagine and offset by any sponsorship deals etc we get.

And I dont see why anyone would have a problem with that either TBH as its just common place. We cant have everything - Free money for players and free money for a new stadium it doesnt just grow on trees. wink

Sure even the likes of Abrima-bitch wouldnt be willing to pay for a new stadium for the Chavs out of his own pocket id imagine.


Johnboy #86530 03/11/10 02:32 PM
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yea i think lfc are just going to get scrutinised every time they do anything financial, even if its par for the course.


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He came from Barca, to bring us Joy
He's five foot seven, he's football heaven
please don't take my Luis away.

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Johnboy #86531 03/11/10 02:34 PM
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naming rights on the stadium could help reduce that payment / debt significantly too.

Emirates for example have a 15 year deal with the gooners worth £100 million

Flames #86532 03/11/10 02:35 PM
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Originally Posted By: flames
yea i think lfc are just going to get scrutinised every time they do anything financial, even if its par for the course.


True.. At least we will get something for the debt this time. smile

Johnboy #86534 03/11/10 03:12 PM
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It's only like mortgaging a house. Arsenal done it and as long as we can pay it off with the increased revenue it should be fine.

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Originally Posted By: Redballs
naming rights on the stadium could help reduce that payment / debt significantly too.

Emirates for example have a 15 year deal with the gooners worth £100 million


I'm pretty we could get a deal for about 200 million over 10/12 years so the debt would barely affect us at all and on the stadium why are people talking about 60 thousand should be about 90 thousand

House #86537 03/11/10 03:21 PM
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Originally Posted By: House M.D
I'm pretty we could get a deal for about 200 million over 10/12 years so the debt would barely affect us at all and on the stadium why are people talking about 60 thousand should be about 90 thousand


There's been no decision on where the stadium would be. 60 000 is the maximum Anfield can be expanded to. Stanley Park would bring in greater revenue, but at greater cost, and not as quickly. I do understand that the Liverpool city council is opposed to expanding Anfield though.

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