Author Topic: Club Sale: Official Statement and Purslow Interview  (Read 175558 times)

Offline jonnygeeart

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Re: Official LFC Statement on Sales Process
« Reply #400 on: August 14, 2010, 02:12:36 AM »
would us customs suspect anythin if 100000 lfc fans applied for visas and asked for directions to hicks place
« Last Edit: August 14, 2010, 02:19:12 AM by jonnygeeart »

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Re: Official LFC Statement on Sales Process
« Reply #401 on: August 14, 2010, 02:12:52 AM »
I definitely agree with your sentiment, but it's not exactly true that it can take as long as it needs to.  There is massive time pressure, and massive financial incentive to sort it out fairly quickly.

This has been a several month long process under Broughton, and the invitation for investment has been around for even longer now, all for a not particularly large asset as things go.  Hopefully we'll see substantive movement fairly quickly.

Massive financial incentive and not a particularly large asset. Great. Love your logic
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Offline el diablos

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Re: Official LFC Statement on Sales Process
« Reply #402 on: August 14, 2010, 02:14:08 AM »
Rory Smith tweeted that Rhone have not bid and have not contacted LFC for 10 days
He also said be surprised if there are more than 2 proposed bids
Later in his telegraph article he suggested that there may be 3 proposals with the Kharafis (re-)joining the process.

Maybe the LFC statement was late and less emphatic than anticipated because the Kharafis submitted a late propsal/bid.  But that's just supposition
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Re: Official LFC Statement on Sales Process
« Reply #403 on: August 14, 2010, 02:16:48 AM »
This has been a several month long process under Broughton, and the invitation for investment has been around for even longer now, all for a not particularly large asset as things go.  Hopefully we'll see substantive movement fairly quickly.

It would seem the asset is not the problem, but the debt associated with it and the overall net worth.

Agree that time is a factor though. Struggling to get my head around the implications of hitting the next deadline of Oct 6th, but it looks pretty unpalatable for all concerned.

Offline jonnygeeart

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Re: Official LFC Statement on Sales Process
« Reply #404 on: August 14, 2010, 02:17:18 AM »
surely rsb must know that the guarantees aint worth .... dont know for sure myself but goin by hicks history i wouldnt bet on gettin 1$ off him.that fucker doesnt deserve his privacy back
« Last Edit: August 14, 2010, 02:22:16 AM by jonnygeeart »

Offline NeonPeon

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Re: Official LFC Statement on Sales Process
« Reply #405 on: August 14, 2010, 02:17:31 AM »
Massive financial incentive and not a particularly large asset. Great. Love your logic

What are you taking issue with here?  It's clear that there is some time pressure.  The accruing penalties from RBS alone are hardly anything to sneeze at.  The loans will come due in the not too distant future.

So yes, speed, but not haste, we don't have all the time in the world, and there's no evidence of other bids coming in and changing the situation fundamentally.  Given the amount of time spent on this over the last year or so, it's now time to wrap it up, and hopefully that's precisely what is occurring. 

Offline L12

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Re: Official LFC Statement on Sales Process
« Reply #406 on: August 14, 2010, 02:20:00 AM »
Are DIC still in business?I thought they were bankrupt?
Think they got some slush funds from friendly neighbors.
We don't know how personally the Sheik took to losing out to those two.
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Re: Official LFC Statement on Sales Process
« Reply #407 on: August 14, 2010, 02:22:29 AM »
What are you taking issue with here?  It's clear that there is some time pressure.  The accruing penalties from RBS alone are hardly anything to sneeze at.  The loans will come due in the not too distant future.

So yes, speed, but not haste, we don't have all the time in the world, and there's no evidence of other bids coming in and changing the situation fundamentally.  Given the amount of time spent on this over the last year or so, it's now time to wrap it up, and hopefully that's precisely what is occurring. 

How is it time to wrap it up? You said that no bids were on the table. How can you wrap it up with no bids.
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Offline jonnygeeart

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Re: Official LFC Statement on Sales Process
« Reply #408 on: August 14, 2010, 02:23:58 AM »
Think they got some slush funds from friendly neighbors.
We don't know how personally the Sheik took to losing out to those two.
it would be poetic

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Re: Official LFC Statement on Sales Process
« Reply #409 on: August 14, 2010, 02:25:13 AM »
If only we had Jack Bauer on our side Hicks & Gillett would be gone by now :)
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Offline reds88

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Re: Official LFC Statement on Sales Process
« Reply #410 on: August 14, 2010, 02:26:02 AM »

What are 'proposed bids'?  Does that mean there'll be another stage when the bidders tender their 'confirmed bids'?  This is when the club contacts the bidders to up the cash bid so the wankers can make some money or minimise their losses?  Seems like there's a long way to go. 

Offline NeonPeon

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Re: Official LFC Statement on Sales Process
« Reply #411 on: August 14, 2010, 02:28:15 AM »
How is it time to wrap it up? You said that no bids were on the table. How can you wrap it up with no bids.

I don't really understand why you are being adversarial, shifting from one topic to the next rather than responding to my points.

There haven't been official bids put forth, there have been proposals.  As has been pointed out, there's a lot of wiggle room in that terminology, and you might think it pedantic to draw the distinction, but it is significant, as we are still in a more preliminary stage.  This situation is opaque, so I just wanted to be clear on what we DO actually know.

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Re: Official LFC Statement on Sales Process
« Reply #412 on: August 14, 2010, 02:29:46 AM »
I don't really understand why you are being adversarial, shifting from one topic to the next rather than responding to my points.

There haven't been official bids put forth, there have been proposals.  As has been pointed out, there's a lot of wiggle room in that terminology, and you might think it pedantic to draw the distinction, but it is significant, as we are still in a more preliminary stage.  This situation is opaque, so I just wanted to be clear on what we DO actually know.

You wish to be clear in an opaque world?

In the land of the blind.....
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Offline Jizz Capuchin

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Re: Official LFC Statement on Sales Process
« Reply #413 on: August 14, 2010, 02:31:29 AM »
Haha ;D

Bless you macca mate. RAWK would be a worse experience without you (which will probably be in the next fortnight based on your recent efforts).

:lmao   You know the way Gerrard always delays his ops until the international break, would you mind delaying any bans for me until the 25th while I'm on holiday for a fortnight please Gareth?    ;D


Anyway, I'm sick to the eye teeth of this takeover. Geoffstrong came up with one of the best points before but I can't be arsed trawling back through to find it. He was making the point that everyone might well be impatient for all this to end, but we really do need Broughton, Ayres and Cecil to be more patient than the people who want this sale concluded yesterday. First and foremost we need them to secure our future so we never have to go down this desolate road again (I mean with bank debts, not Sleeper's Hill) but secondly, to ensure that the final sale is beyond reproach and does not allow those cancerous twats from across the pond to have any grip on our club ever again, even if it is only in a courtroom battle. Are they going to do this? Well we can't be sure, but at this stage all we can do is put faith in those decision makers that they'll do their best for us. Five man board here, and we need all three of them with us, because for just one of them to ally with the cowboys really does not bear thinking about at this stage.


**EDIT**  Found the quote now but it wasn't half as good as I thought it was when I first read it   ;D


I am starting to think some of you are enjoying acting like spoilt kids! Weeks ago I despared of any sale or bids ever happening now we get a statement that clearly suggests we have the bids but we are making dam sure we accept the right one to take this club forward!
What is so bad about waiting a few more days or weeks seeing as the majority quite rightly give  Moores shit for selling to quickly to the tumours!
Now you want broughton to make the same rushed mistake just because you have no patience and want to spit your dummies out in temper!
Get real and leave it to the guys who know what they are doing please!
« Last Edit: August 14, 2010, 05:09:06 AM by macca888 »
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Re: Official LFC Statement on Sales Process
« Reply #414 on: August 14, 2010, 02:33:06 AM »
I don't really understand why you are being adversarial, shifting from one topic to the next rather than responding to my points.

There haven't been official bids put forth, there have been proposals.  As has been pointed out, there's a lot of wiggle room in that terminology, and you might think it pedantic to draw the distinction, but it is significant, as we are still in a more preliminary stage.  This situation is opaque, so I just wanted to be clear on what we DO actually know.

Why would I wish to argue with you on your terms? It's not Queensberry rules you know.

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Offline el diablos

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Re: Official LFC Statement on Sales Process
« Reply #415 on: August 14, 2010, 02:33:49 AM »
I don't really understand why you are being adversarial, shifting from one topic to the next rather than responding to my points.

There haven't been official bids put forth, there have been proposals.  As has been pointed out, there's a lot of wiggle room in that terminology, and you might think it pedantic to draw the distinction, but it is significant, as we are still in a more preliminary stage.  This situation is opaque, so I just wanted to be clear on what we DO actually know.

umm...the proposed bids are official. they may not be final and subject to contract, but they're not unofficial are they?

you don't think the board would release a statement saying that they've received unofficial bids surely?
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Offline ABJ

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Re: Official LFC Statement on Sales Process
« Reply #416 on: August 14, 2010, 02:35:21 AM »
Just got in from a night out on the piss  :) I should be going to bed now but I haven't been able to think about much else over the last few days so I had to take a look at the latest 'news'...Please, please  let our hopes come true...Fuck off G & H  :no
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Re: Official LFC Statement on Sales Process
« Reply #417 on: August 14, 2010, 02:38:19 AM »
:lmao   You know the way Gerrard always delays his ops until the international break, would you mind delaying any bans for me until the 25th while I'm on holiday for a fortnight please Gareth?    ;D


Anyway, I'm sick to the eye teeth of this takeover. Geoffstrong came up with one of the best points before but I can't be arsed trawling back through to find it. He was making the point that everyone might well be impatient for all this to end, but we really do need Broughton, Ayres and Cecil to be more patient than the people who want this sale concluded yesterday. First and foremost we need them to secure our future so we never have to go down this desolate road again (I mean with bank debts, not Sleeper's Hill) but secondly, to ensure that the final sale is beyond reproach and does not allow those cancerous twats from across the pond to have any grip on our club ever again, even if it is only in a courtroom battle. Are they going to do this? Well we can't be sure, but at this stage all we can do is put faith in those decision makers that they'll do their best for us. Five man board here, and we need all three of them with us, because for just one of them to ally with the cowboys really does not bear thinking about at this stage.

I missed Geoffstrongs post, but I am glad you have brought it to my attention. Sanity. Sanity. Sanity. Wonderful, from a thread that is more sanitary than sanctuary or sanctity or sanity.
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Offline tampared

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Re: Official LFC Statement on Sales Process
« Reply #418 on: August 14, 2010, 02:38:40 AM »
Typical of the ownership, first game, full house, Sky TV and the supporters thinking we are being taken over. So no chants, flags or T shirts in case we upset the process, and in fact nothing is happening. Its all a rouse to take the spot light off those twats. Keep up the pressure, Sunday should be 90 minutes of anti ownership and the board. I imagine Purslow laughing and saying look at those soft twats, they fell for it hook line and sinker!!!
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Offline ABJ

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Re: Official LFC Statement on Sales Process
« Reply #419 on: August 14, 2010, 02:41:15 AM »
Sunday will be massive...On the pitch as well as in the stands.
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i watched the chelsea game at my sisters. her 12 year old son is severly autistic and i forgot myself and jumped up screaming at the goal and he went nuts. screaming and shouting. scared the fuck out of me. apologised to my sister as i thought id upset him, turns out he was joining in.

Offline NeonPeon

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Re: Official LFC Statement on Sales Process
« Reply #420 on: August 14, 2010, 02:45:05 AM »
Typical of the ownership, first game, full house, Sky TV and the supporters thinking we are being taken over. So no chants, flags or T shirts in case we upset the process, and in fact nothing is happening. Its all a rouse to take the spot light off those twats. Keep up the pressure, Sunday should be 90 minutes of anti ownership and the board. I imagine Purslow laughing and saying look at those soft twats, they fell for it hook line and sinker!!!

Honest question, what do you think is the end game of the little scenario you've just put forward?  What would they get out of acting like the club was being sold, then not going through with it?

H&G can't afford the club, their finances are in ruins, and RBS has them by the balls in an ever tightening grip.  The club will be sold, one way or the other.

Chants flags and T shirts will make precisely no difference next to the crushing weight of H&Gs parlous finances anyway.

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Re: Official LFC Statement on Sales Process
« Reply #421 on: August 14, 2010, 02:56:49 AM »
What the fuck you bnastards, sell the fucking thing aalready!!!
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Offline General Alonso

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Re: Official LFC Statement on Sales Process
« Reply #422 on: August 14, 2010, 03:17:52 AM »
Proposed bids have been received but the voting of the board has resulted in deadlock


its a Huang Parliament



I'll get my coat...and 'bid' your all goodnight

Is this a proposed bid or a 'real' bid?
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Offline shelovesyou

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Re: Official LFC Statement on Sales Process
« Reply #423 on: August 14, 2010, 03:21:42 AM »
Am pissed right now but that to me says they have enough bids to consider and they have enough to make an informed decision. No time scale but the yanks are off.
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Offline Matt Rankin

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Re: Official LFC Statement on Sales Process
« Reply #424 on: August 14, 2010, 03:24:48 AM »
What has Hunag got to do with a statement from the board of LFC?

Nothing but lets say he is the one on the table, if it was me and I wanted to maximize my new purchase for marketing reasons thats what i would do
Time is a factor and EMPTY seats is the answer...

Offline Matt Rankin

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Re: Official LFC Statement on Sales Process
« Reply #425 on: August 14, 2010, 03:28:06 AM »
Wrong again. This is rawk. You're obviously unaware of our soup-nazi status :wave

(p.s. you best hit the sack. Your logic, reasoning and evidence is fatally flawed and I cant be arsed exposing it any further by dissecting it line by line.)

:)
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Offline Anfield Mob

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Re: Official LFC Statement on Sales Process
« Reply #426 on: August 14, 2010, 03:39:53 AM »
the pressure needs to be relentless, all season if necessary. cant let the yanks and the rest of the clueless morons in charge think we're gonna sit here and listen to bollox all day.

the whole situation is reminicent to newcastle last season where there were rumours all over the place regarding bidders, none of which turned out to be true (or at least serious). it was a smokescreen to cover the performances on the pitch and finances off it. now they had a majorly successful season, the protesters quietened down and its business as usual, albeit with very limited funds. but still they float.

the slight difference here and perhaps dealbreaker will be RBS and the new rules regarding checking out potential bidders as being sound.

if another month passes and theres no solid news of a deal moving forward then i think we just better grin and bare it for the time being.

Offline reds88

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Re: Official LFC Statement on Sales Process
« Reply #427 on: August 14, 2010, 05:00:35 AM »

Absolutely the protests should continue until H+G have sold.  This would also highlight to the potential owners that the supporters do not take kindly to being screwed.  They'll get theirs if they do not behave in the proper way as well! 

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Re: Official LFC Statement on Sales Process
« Reply #428 on: August 14, 2010, 05:06:22 AM »
Absolutely the protests should continue until H+G have sold.  This would also highlight to the potential owners that the supporters do not take kindly to being screwed.  They'll get theirs if they do not behave in the proper way as well!

Amen to that
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Offline minusone

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Re: Official LFC Statement on Sales Process
« Reply #429 on: August 14, 2010, 05:11:26 AM »
Absolutely the protests should continue until H+G have sold.  This would also highlight to the potential owners that the supporters do not take kindly to being screwed.  They'll get theirs if they do not behave in the proper way as well! 

To be honest - if any potential new owners haven't figured that out yet - then i doubt they ever will.
:P
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Offline Red_Irishman

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Re: Official LFC Statement on Sales Process
« Reply #430 on: August 14, 2010, 05:13:57 AM »
As evry day goes by it gets increasingly more worrying about whats going to happen to our club
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Offline scuwiffy

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Re: Official LFC Statement on Sales Process
« Reply #431 on: August 14, 2010, 05:14:07 AM »
What did I miss?
The main LFC site seems to have messed up and printed the words from a monopoly card..

"Do not pass go, do not collect $500m, do not be sold"


Offline anil

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Re: Official LFC Statement on Sales Process
« Reply #432 on: August 14, 2010, 05:21:37 AM »
Sorry, but there have been protests at the game for some time now and I don't think they have affected G&T's decision to sell in any significant way.

Affecting one of their most consistent revenue streams in match attendance (as in boycotting matches), would have probably been a better way to make them sit up and take notice.

Yeah, I know; support the team etc, but doing this also has supported G&T.

I really don't see the point of protesting now, as the damage has long been done.  Protesting now may be a vent for frustration, but to some extent, it has been self inflicted.


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Re: Official LFC Statement on Sales Process
« Reply #433 on: August 14, 2010, 05:25:41 AM »
Reading this thread and the one that was locked I'm now very glad I was travelling yesterday.  I think I would have killed myself hitting the f5 button every few seconds, and it all came to basically nothing anyway.

Now if I can just manage to stay away from the internet for a few days, maybe when I come back things will be sorted!
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Offline minusone

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Re: Official LFC Statement on Sales Process
« Reply #434 on: August 14, 2010, 05:40:49 AM »
Sorry, but there have been protests at the game for some time now and I don't think they have affected G&T's decision to sell in any significant way.

It may not have caused them to sell directly, but it's been highly embarressing for them, and it's shone the media spotlight on the whole thing, which indirectly puts pressure on them, RBS, Broughton, Premier League, etc.

Additionally, if you had £400 million to invest - would you invest it in LFC with dodgy motives having seen what's happened to G&H? Fuck no. You'd go off and invest in a nice quiet, uncontroversial, stock and real estate portfolio which won't have 50,000 people baying for your blood on TV around the world.

We're not able to dictate terms to people with more money than we have red blood cells, but we can make it bloody uncomfortable for them if they choose to fuck us about. And at the end of the day, nobody wants to have to deal with that shit if they don't have to.

That's what the whole process is about. Instilling accountability in whoever owns the club. We can't buy them out, we can't evict them, we can't force their hand directly, but we can make ourselves a real pain in the arse.
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Offline withgreataplomb

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Re: Official LFC Statement on Sales Process
« Reply #435 on: August 14, 2010, 06:02:50 AM »
Whoever takes us over and whatever their resources,
please please please don't have us throwing money around like that small Manchester club,
as one of my workmates "supports" them, and was talking to him yesterday about Balotelli being a risk because of his temperament,

he replied with this;

"No risk to us sunshine, if he isn't a success we can just ship him out like Bellamy, and spend another £30million on someone else,
sure your lot can have him if he doesn't work out".

I'm gonna tell me friends that is ever I become a horrendous TWUNT about Liverpool in the same fashion,
to please put me out of my misery.
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Offline Tepid water

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Re: Official LFC Statement on Sales Process
« Reply #436 on: August 14, 2010, 08:23:32 AM »
Sunday will be massive...On the pitch as well as in the stands.
Let's make it clear that we are the club

Not the vermin

Not RBS

Not the lawyers



And let's enjoy the fucking football above all else.
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Re: Official LFC Statement on Sales Process
« Reply #437 on: August 14, 2010, 08:28:12 AM »
Haha ;D

Bless you macca mate. RAWK would be a worse experience without you (which will probably be in the next fortnight based on your recent efforts).

hehe go on macca. dig dig dig ya cheeky fucker :)
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Online Alan_X

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Re: Official LFC Statement on Sales Process
« Reply #438 on: August 14, 2010, 08:33:11 AM »
I don't really understand why you are being adversarial, shifting from one topic to the next rather than responding to my points.

There haven't been official bids put forth, there have been proposals.  As has been pointed out, there's a lot of wiggle room in that terminology, and you might think it pedantic to draw the distinction, but it is significant, as we are still in a more preliminary stage.  This situation is opaque, so I just wanted to be clear on what we DO actually know.

There's not really any wiggle room - a proposal is a bid that has been put forward for acceptance. People use words like "official" or "formal" to muddy the waters but they don't have any meaning in this context.

A bid is a bid - there is no "office" outside of the process that can decide whether it's legitimate or note.

And any bid will remain as a "proposal" until it's accepted. 
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Offline peterb17

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Re: Official LFC Statement on Sales Process
« Reply #439 on: August 14, 2010, 08:37:59 AM »
wonder what was wrong with the bids or the circumstances that made not choosing one the outcome. That i think is the real question