Liverpool Fc @ Anfield - Reds Supporters Gatherings

[owen10]

Originally Posted by Xgenre

Why not look at it this way? He's using money earned from Man U to rebuild Liverpool. If he really buys great players and we really win some titles under him, i don't mind unfolding a big banner 'Thank You Red Cafes.'

Whoever he supports previously, no one will pay cash $360 million pounds to buy a club to fail. I think Americans are very sweet talkers. The Brits always get mislead by Americans's sweet and smooth talk. When Hicks and Gillette first appeared, aren't they saying all the same things NESV is saying now? With Peter Lim, there is a difference. It's called CASH upfront for everything.

The best ideas but no cash (worse; got to mortgage the club to borrow money) versus Learning on the job but cash rich. I think more things will get done with the cash rich party.

if given the choice, every pool fan would have loved a sheikh or rich russian to take over the club n splurge on players like Chelsea n Man City. too bad the good old days may be over.

compared to NESV i seriously doubt Peter Lim will make a good owner. read some articles in the papers, apart from the MU loyalty issue some also questioned why a private investor would want to splash so much on a football club when it is difficult running one and making mega profits these days. does he also have the expertise to run such a big football club?

any bros here who follow the stock market scene in s'pore will know that PL is a very shrewd investor and he should have done his due research before plunging in such a big investment. what exactly does he see in Pool that could make him divide club loyalty? Unless he gives a public interview soon to clear the air, many fans (like me, and some of you here) will likely remain sceptical.

[sean_j]

Originally Posted by owen10

if given the choice, every pool fan would have loved a sheikh or rich russian to take over the club n splurge on players like Chelsea n Man City. too bad the good old days may be over.

compared to NESV i seriously doubt Peter Lim will make a good owner. read some articles in the papers, apart from the MU loyalty issue some also questioned why a private investor would want to splash so much on a football club when it is difficult running one and making mega profits these days. does he also have the expertise to run such a big football club?

any bros here who follow the stock market scene in s'pore will know that PL is a very shrewd investor and he should have done his due research before plunging in such a big investment. what exactly does he see in Pool that could make him divide club loyalty? Unless he gives a public interview soon to clear the air, many fans (like me, and some of you here) will likely remain sceptical.

i don t think he s in it alone bro ,there r other ppl involved i guess who want to keep a low profile,i m sure he is not in it alone cos i don t think he can sustain the club by himself.

[too_hot]

Originally Posted by owen10

if given the choice, every pool fan would have loved a sheikh or rich russian to take over the club n splurge on players like Chelsea n Man City. too bad the good old days may be over.

compared to NESV i seriously doubt Peter Lim will make a good owner. read some articles in the papers, apart from the MU loyalty issue some also questioned why a private investor would want to splash so much on a football club when it is difficult running one and making mega profits these days. does he also have the expertise to run such a big football club?

Maybe he using it (ownership of liverpool) as a stepping stone to get to know other rich & powerful ppl for business opportunity.

[too_hot]

Dun understand how a US court can interfere in the sale of a British entity based in the UK....

http://soccernet.espn.go.com/news/st...ngland&cc=4716

[rahl]

Originally Posted by too_hot

Dun understand how a US court can interfere in the sale of a British entity based in the UK....

http://soccernet.espn.go.com/news/st...ngland&cc=4716

Fucking unbelievable, and claiming 1b in damages

Originally Posted by Xgenre

Why not look at it this way? He's using money earned from Man U to rebuild Liverpool. If he really buys great players and we really win some titles under him, i don't mind unfolding a big banner 'Thank You Red Cafes.'

Remember what happened to the Newcastle owner - 1b in wealth would be cleaned out in no time (after a few seasons of excessive spending).

But anyway, besides the Scum connection, Peter Lim and the Mill people have acted in bad faith by launching bids after the deal with NESV were announced. Lim had the chance to up his bid in the negos when the NESV approach was made known. Maybe ok, the Brits prefer the Yanks from the start, but once the deal is done, why go on and muddy the waters?

You had your chance and not made it, move on.

[S3vw]

Seem like is not over yet.....
got tis news fr espn.com

Liverpool sale hits roadblock in Texas

LONDON -- A Texas court issued a temporary restraining order to prevent the sale of Liverpool to New England Sports Ventures, minutes before the club's board members were due to announce the sale.

New England Sports Ventures, led by Boston Red Sox owner John Henry, completed a deal to take over Liverpool on Wednesday night, but Liverpool's current American owners, Tom Hicks and George Gillett Jr., are determined to halt the sale and the legal action could derail the deal.

Hicks and Gillett are also suing three Liverpool board members, the bank controlling the club's debt and prospective buyer New England Sports Ventures for a total of $1.6 billion in damages. The pair called the attempt to sell the club to NESV an "epic swindle" and that the offer was "hundreds of millions of dollars below true market value."

The restraining order was signed by Judge Jim Jordan of the 160th District Court in Dallas and the Texas State District Court set a hearing date of October 25.

Liverpool's directors say they are seeking the removal of the injunction and remain "resolved to complete the sale" of Liverpool to NESV.

A statement from the Hicks camp said the Royal Bank of Scotland "has been complicit in this scheme with the Director Defendants. For example, in letters from RBS to potential investors obtained just within the past few days, RBS has informed investors that it will approve of a deal only if there is 'no economic return to equity' for Messrs. Hicks and Gillett.

"In furtherance of this grand conspiracy, on information and belief, RBS has improperly used its influence as the club's creditor and as a worldwide banking leader to prevent any transaction that would permit Messrs. Hicks and Gillett to recover any of their initial investment in the club, much less share in the substantial appreciation in the value of Liverpool FC that their investments have created."


Earlier Wednesday, Henry arrived at a hastily called meeting of Liverpool's board of directors Wednesday, hoping to complete a takeover of the Premier League club after a British court cleared the way for a sale.

The board meeting in central London was convened hours after a High Court judge ruled against Liverpool's current American owners, who were trying to block the sale to the New England Sports Ventures, a group led by Henry.

"Well done Martin, Christian & Ian," Henry announced on his Twitter account after the court case finished. "Well done RBS. Well done supporters!"

Henry did not comment outside the law firm office where the Liverpool meeting was held.

While his group has already signed a binding agreement, a Singapore billionaire maintains that his higher offer should be reconsidered. Liverpool's three English directors agreed last week, against the wishes of Hicks and Gillett, to sell the club to New England Sports Ventures for $476 million.

Liverpool, which won the most recent of its 18 English league titles in 1990, is off to its worst start to a season since 1953 and is mired in the relegation zone.

"We are ready to move quickly and help create the stability and certainty which the club needs at this time," Henry's group said in a statement before the board meeting.

Singapore businessman Peter Lim is still pursuing his rival bid for Liverpool. He urged the board to consider all the offers and "not simply ratify a sale." Lim, who originally matched the Boston offer, made an improved bid Tuesday of $506 million.

"I have delivered my offer to the board and believe that my ownership represents the best option for the future of the club and its supporters," Lim said Wednesday. "I hope that when the board is reconstituted ... it will consider all the offers before them.

"I am asking the board to run a full and fair process that enables all of the offers to be considered on their merits before the future of the club is decided."

The board meeting comes ahead of Friday's deadline to repay the club's debts to the Royal Bank of Scotland. The bank said in a statement it has "every confidence that having been put on a proper footing, the board will now reach appropriate decisions regarding the next steps."

Liverpool chairman Martin Broughton hasn't specified which bids will be considered.

"This will pave the way to a sale," Broughton said outside the court after Wednesday's ruling. "We will have a board meeting this evening and proceed with the sale process.

"I'm not going to prejudge the board meeting. It would be inappropriate to prejudge what the board is going to say. But the club's going to have a great future," Broughton added. "We will get the right owners for the fans."

The ruling was a victory for Broughton, who was hired to oversee the sale process in April, along with managing director Christian Purslow and commercial director Ian Ayre.

Hicks and Gillett claim the offer from Henry's group undervalues the club and their legal team argued in court that bids should be reconsidered. The judge, who heard five hours of court arguments Tuesday, ruled that Hicks and Gillett have "no absolute right to veto a sale" and said he didn't want to issue a ruling that could "damage" the Boston bid.

"In these circumstances, it would be entirely wrong to grant the owners" an injunction to stop the sale, the judge said, adding it would also be "inappropriate" for Hicks and Gillett to appeal. The owners will also have to pay legal costs of up to $792,000.

Outside the court, dozens of Liverpool fans -- many wearing team shirts and waving banners and club scarves -- chanted slogans against Hicks and Gillett and serenaded the three board members with the Liverpool anthem, "You'll Never Walk Alone."

Had the sale been blocked, Liverpool could have fallen into financial administration, a form of bankruptcy protection that would have incurred a nine-point penalty from the Premier League.

"The work off the pitch has been done," 25-year-old fan Kam Dhinsey said outside the court. "Now the players need to work harder and get the right results on the pitch, because this must have been playing on their minds."

It was also revealed Tuesday that American hedge fund Mill Financial had put in a bid that also pledges to wipe out the club's debts and would provide up to $154 million to fund a new stadium. Mill Financial technically controls Gillett's 50 percent stake after he defaulted on the loan used by Gillett to fund his part of the leveraged takeover in 2007.

[Xgenre]

Originally Posted by rahl

But anyway, besides the Scum connection, Peter Lim and the Mill people have acted in bad faith by launching bids after the deal with NESV were announced. Lim had the chance to up his bid in the negos when the NESV approach was made known. Maybe ok, the Brits prefer the Yanks from the start, but once the deal is done, why go on and muddy the waters?

I think Peter Lim's point is that he acted in good faith and that it is the board that acted in bad faith actually. Business deals are supposed to be private and confidential. There are reports that NESV upped their bid to match Peter Lim's. How do you match someone's bid unless you know what the other party bidded right? You aren't being fair to PL if NESV is being told exactly what PL bidded. There's also no suggestion that Peter Lim was given the opportunity to up his bid after NESV matched his bid.

I've done M&A deals in my work. If 2 rivals bidded the same price for something, it's really fishy and suggest a potential leak. M&A deals always got confidentiality clauses. If you breach it, you can be sued for damages. If PL is only being used as a bargaining chip to get NESV to bid higher, he can actually sue Liverpool for acting in bad faith. For leading him on with the impression that he is a genuine bidder. I think besides trying to buy the club now, that's the other point he's making.

Please understand I'm not Pro-Peter Lim. I'm just not enthusiastic about Americans. I also hope the bidding process is fair and just. I understand PL is buying Liverpool with cash. What are the Americans using to buy liverpool? Loans again? Commercially, we are a profitable club with good revenues from our global marketing strategy. Our need as a club isn't how the new owners can increase revenue etc. Our need as a club is to remain debt-free, to stop interest payments from eating into our profitability.

[Frankiestine]

Fuck those damn bloody greedy yankies.....they know they can't appeal now use a American court to impose a temporary stop order on the board...

[Offspring]

A fvcking texas court have no juridisction over a UK soccer club. Pool can sell to NESV. But i think the sticking point is that maybe NESV is based in Texas.

We shall see the outcome but i believe it will not have much effect.

[Offspring]

Taken from SBO Bet:

Everton 2.44
Liverpool 2.87
Draw 3.20

Everton -0.25. Take pool win 89. What the hell you waiting for???

[Frankiestine]

Originally Posted by Offspring

A fvcking texas court have no juridisction over a UK soccer club. Pool can sell to NESV. But i think the sticking point is that maybe NESV is based in Texas.

We shall see the outcome but i believe it will not have much effect.

No I think those fucking yanks can still stop the process cos they have to engage a UK law firm to serve the papers on the club and the other parties that are based in UK.

[bochapsing]

Originally Posted by S3vw

Seem like is not over yet.....
got tis news fr espn.com

Liverpool sale hits roadblock in Texas

LONDON -- A Texas court issued a temporary restraining order to prevent the sale of Liverpool to New England Sports Ventures, minutes before the club's board members were due to announce the sale.

Hicks and Gillett are also suing three Liverpool board members, the bank controlling the club's debt and prospective buyer New England Sports Ventures for a total of $1.6 billion in damages. The pair called the attempt to sell the club to NESV an "epic swindle" and that the offer was "hundreds of millions of dollars below true market value."
.

can somebody just remove these 2 b*****ds from the surface of earth...

pls.......!!!!!

[see see only]

Originally Posted by Offspring

Taken from SBO Bet:

Everton 2.44
Liverpool 2.87
Draw 3.20

Everton -0.25. Take pool win 89. What the hell you waiting for???

Careful bros... this is a "Kelong war" between bet takers

Wait for the odds differences to settle down first before placing anything

[Fire-Horse]

Hi Bros,

I am commenting on the on-going Court case just recently filed by Hicks and Gillet in Texas, USA, right after they lost their application to declare the sale of the club to NESV null and void in the UK High Court.

Whilst the Texas Court matter might be a red herring in that the wankers might yet find their ridiculous claim dismissed ultimately, its effect is to delay for as long as poosible the takeover of the club by NESV, as approved by the Board.

The problem then is this : without any resolution of the loan due to RBS in sight, the Bank might be prompted to call in the loan by tomorrow's deadline. If that be the case, the club will be forced to file for administration and with that, the club will incur an automatic 9 point penalty! We are at 6 pts now and with the penalty, we will be at -3 pts. Relegation is and will be a distinct possibility, what with the club's inability to pick up points both home and away thus far.

Which just goes to show what the wankers are really about, they don't give a toss about the club and what will happen to it, especially with all the frivilous applications and claims flying about on both sides of the Atlantic! They simply care about themselves and their money...!

As far as I see it, the wankers point is that liverpool can go to hell as long as they don't! Really never thought I'd see the day that the owners of our club would act in their own interest before that of the club!!! WTF!!!!

[Xgenre]

Friday is looking like more and more like Mission Impossible. They even got Tom Cruise to be their lawyer! http://soccernet.espn.go.com/news/st...ngland&cc=4716

I remember reading somewhere that if the 2 idiots sell now, they lose $114 million pounds. If they sell after we go into administration, their losses will double. The texas court ruling is important as NESV and RBS got a lot of business in America, so they can't afford to offend the American courts.

What a season this is becoming. Who would have thought things will turn out like this.