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    It Goes from Bad to Worse for Liverpool

    Liverpool are likely to face a nine-point deduction if its parent company Kop Holdings goes into administration next week, BBC Sport understands.

    36 Comments

    Original Poster

    ;)Only got themselves to blame(and im an ardent lpool fan) should have taken the offer a couple of yrs ago by the DIC

    And the otehr day the same website was reporting they won't. Can't see it happening myself.

    Banned

    aint so good for man u either

    just reported a £78M loss from a £48M profit last year!

    I;m a fan but they're pretty much in the mire too
    Edited by: "csiman" 8th Oct 2010

    WHAT DO YANKS KNOW ABOUT FOOTBALL OR EVEN OWNING A FOOTIE TEAM?

    Banned

    Mr Weasle

    WHAT DO YANKS KNOW ABOUT FOOTBALL OR EVEN OWNING A FOOTIE TEAM?


    nothing, but they know a great deal about asset stripping a company / hedging loans

    /end

    Adam2050

    And the otehr day the same website was reporting they won't. Can't see it … And the otehr day the same website was reporting they won't. Can't see it happening myself.



    It's not gonna happen. If we get passed on to RBS next week, we'll be sold to NESV within a matter of days. A 9-point deduction will only happen if RBS decide to keep hold of us.

    Mr Weasle

    WHAT DO YANKS KNOW ABOUT FOOTBALL OR EVEN OWNING A FOOTIE TEAM?



    erm quite a few american owners in the premier league, and didnt the USA draw with England at the world cup?

    i know nothing about football or the inner workings, but surely you keep paying your players huge amounts of money every week, something is has got to give. Any normal business with this amount of debt would have the plug pulled ages ago, so how do football clubs keep going & still rack up debts ?

    The sale will be done and dusted by then (I hope)...

    Banned

    roryk83

    erm quite a few american owners in the premier league, and didnt the USA … erm quite a few american owners in the premier league, and didnt the USA draw with England at the world cup?


    first prize for irrelevant post of the day

    Banned

    The rumour I've heard from 'the city' is that RBS are looking into the value of Liverpool's assets, e.g. the players, the land etc. and seeing if it would be financially better for them to sell them off.

    There's rumblings that because of their position it would be better to do it in the new year than wait until summer, which could see FOUR teams promoted from the championship to replace Liverpool.

    FilthAndFurry

    The rumour I've heard from 'the city' is that RBS are looking into the … The rumour I've heard from 'the city' is that RBS are looking into the value of Liverpool's assets, e.g. the players, the land etc. and seeing if it would be financially better for them to sell them off. There's rumblings that because of their position it would be better to do it in the new year than wait until summer, which could see FOUR teams promoted from the championship to replace Liverpool.



    Man City?

    midlandscomics

    Man City?



    Liverpool have a buyer lined up. If H&G default next week and RBS call in the loan, there are in-place buyers who pay off what RBS are owed straight away. Why would they waste money going through the administration process (only Lawyers make money out of that) when they have the option of getting their money back.

    midlandscomics

    Liverpool have a buyer lined up. If H&G default next week and RBS call in … Liverpool have a buyer lined up. If H&G default next week and RBS call in the loan, there are in-place buyers who pay off what RBS are owed straight away. Why would they waste money going through the administration process (only Lawyers make money out of that) when they have the option of getting their money back.



    Stiring that cow muck he comes out with as usual, still he claims to be a chelsea fan.

    Banned

    Adam2050

    Stiring that cow muck he comes out with as usual, still he claims to be a … Stiring that cow muck he comes out with as usual, still he claims to be a chelsea fan.



    Stop trolling in this thread. I'm just passing on rumours that I've heard. If you've got nothing to add then why bother posting?

    Banned

    Adam2050

    Stiring that cow muck he comes out with as usual, still he claims to be a … Stiring that cow muck he comes out with as usual, still he claims to be a chelsea fan.



    But it did get a bite though!

    I have to say it is extremely funny (as a non Liverpool fan) at what hicks and Gillette are now trying to do! (ie fighting a $140M loss and be replaced by an even bigger one once the RBS closes in!)

    FilthAndFurry

    Stop trolling in this thread. I'm just passing on rumours that I've … Stop trolling in this thread. I'm just passing on rumours that I've heard. If you've got nothing to add then why bother posting?



    Not hypocrisy from the mighty cow. Peers over to a John lennon thread

    Your not posting fact, your posting fiction enveloped in your own usual opinnion of wait for a reaction and spout. Liverpool based on FACT, will not end up having to sell no one, neither will they get a 9 point deduction as already laid out in this thread.

    guv

    But it did get a bite though!I have to say it is extremely funny (as a … But it did get a bite though!I have to say it is extremely funny (as a non Liverpool fan) at what hicks and Gillette are now trying to do! (ie fighting a $140M loss and be replaced by an even bigger one once the RBS closes in!)



    Indeed, maybe should stick to chewing the cud.

    There buying time for a miracle, that if comes with end in there demise either way.

    Mr Weasle

    WHAT DO YANKS KNOW ABOUT FOOTBALL OR EVEN OWNING A FOOTIE TEAM?



    They know how to buy an asset and then strip it - it's only business for them. If clubs are too dumb to see past the pound signs when selling themselves, too bad.

    Looks like the scousers are going to be Wallowing In Self Pity again with this news.

    Banned

    Adam2050

    Not hypocrisy from the mighty cow. Peers over to a John lennon thread … Not hypocrisy from the mighty cow. Peers over to a John lennon thread :)Your not posting fact, your posting fiction enveloped in your own usual opinnion of wait for a reaction and spout. Liverpool based on FACT, will not end up having to sell no one, neither will they get a 9 point deduction as already laid out in this thread.



    So you agree with me?

    Make your mind up.

    Banned

    waterloo

    Looks like the scousers are going to be Wallowing In Self Pity again with … Looks like the scousers are going to be Wallowing In Self Pity again with this news.



    Black armbands at the ready X)

    FilthAndFurry

    Black armbands at the ready X)

    Self pity city hits a new time low X)

    FilthAndFurry

    So you agree with me? Make your mind up.



    Just been listening to "The Drugs Don't Work" - by The Verve, cracking song. Just need some food now.

    Spell it out for you no one will be sold to service the debt, as if you read the papers we have a buyer, if they don't sell straight RBS will to the new owners.

    Banned

    Adam2050

    Just been listening to "The Drugs Don't Work" - by The Verve, cracking … Just been listening to "The Drugs Don't Work" - by The Verve, cracking song. Just need some food now.Spell it out for you no one will be sold to service the debt, as if you read the papers we have a buyer, if they don't sell straight RBS will to the new owners.



    You said they won't end up having to sell no-one. Now either that was poor grammar or you agreed with my assessment.

    FilthAndFurry

    You said they won't end up having to sell no-one. Now either that was … You said they won't end up having to sell no-one. Now either that was poor grammar or you agreed with my assessment.



    Poor grammar, what can you say for a Liverpool fan eh...

    :p:pNEWS FLASH........just heared that ken dodd is gonna buy them with all his extra cash hidden in his shed......so its TEARS FOR SOUVENIRS or CARELESS HANDS as our new anthem;)

    moob

    They know how to buy an asset and then strip it - it's only business for … They know how to buy an asset and then strip it - it's only business for them. If clubs are too dumb to see past the pound signs when selling themselves, too bad.



    Was it not a publically traded company? the club itself don't really get a say, its the sharholders who sell that should be blamed, but then again at 75% they're shares become worthless so do they cash in?

    Banned

    No wonder my man is taking anti-d's.

    this might cheer up a few worried liverpool fans for a bit. It's direct from kai rooneys twitter feed and should be sung along to I will survive,

    First I was afraid, I was petrified, Kept thinking mummy’s gonna take me back to Merseyside...

    And I’ve spent so many nights, Thinking mummy’s up the duff, But I grew tough, I learned one rusk’s not enough...

    And now dad’s sad, For what he did, Good news is, That every month, We have a spare twelve hundred quid...

    Mum should have changed the stupid locks, Should have thrown away his key, Should have handed Jenny Thompson’s Mobile Number to JT, Now go..

    twitter.com/!/KaiWayne

    I don't get it :O

    Couldnt of happened to a nicer group of supporters....................

    http://i835.photobucket.com/albums/zz278/artcarlos/anfailed.jpg&t=1






    P.S. The blue moon is rising.

    Crazy to say liverpool will go into administration when a buyer is waiting to pay off all debt.....

    RBS just want the debt repaid and the quickest way for that to happen is to let the sale of the club to the new owners go through

    Next week is going to be monumental in Liverpool's future, what if H&G come up with the cash and it doesn't go into administration. There could be months / years of court wranglings then over exactly who is on the board and who can officially sell the club. I really can't see H&G letting it go for £300 million (and probably rightly so).

    greg_68

    Next week is going to be monumental in Liverpool's future, what if H&G … Next week is going to be monumental in Liverpool's future, what if H&G come up with the cash and it doesn't go into administration. There could be months / years of court wranglings then over exactly who is on the board and who can officially sell the club. I really can't see H&G letting it go for £300 million (and probably rightly so).



    h&g value the club at 600 million
    they deserve to walk away out of pocket, if they will time will tell but broughton seems to have done a job on them, getting them to sign to say he is the only one who can change the board..
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