Author Topic: David Moores resigns from LFC Board (Read 79352 times)

vanoord · « **on:** June 18, 2009, 05:02:14 pm »

He'll stay on as Honorary Life President.

Probably not good news.

http://www.liverpoolfc.tv/news/drilldown/N164782090618-1651.htm

redannie · « **Reply #1 on:** June 18, 2009, 05:03:29 pm »

Did he resign or was he pushed don't like the sound of this

belfast-connection · « **Reply #2 on:** June 18, 2009, 05:03:37 pm »

probably not good news at all

leaves the scum free to load as much debt onto the club as they like

and probably indicates that he wasn't happy at shenanigans that we have yet to hear about

southern scouse · « **Reply #3 on:** June 18, 2009, 05:05:31 pm »

what the the MPs trying to f*ck up G&H and now this in the same day, is DM missing RP so much, or something else

Mimi · « **Reply #4 on:** June 18, 2009, 05:05:40 pm »

What's the point of him staying on as Honorary Life President? If he resigned from the Board based on principle, why would he hold onto a position of priviliege?

shelovesyou · « **Reply #5 on:** June 18, 2009, 05:11:10 pm »

I thought he was only ever Honorary Life President anyway !!!!!

What does this mean I wonder ? ?

maqu006 · « **Reply #6 on:** June 18, 2009, 05:11:26 pm »

This smells of approaching hell. No more resistance to loading debt onto the club. Well done Moores and Parry. You got your money and have now also washed your hands of your responsibilities.

Dr Cornwallis · « **Reply #7 on:** June 18, 2009, 05:12:26 pm »

*everybody looks at everybody else*

shelovesyou · « **Reply #8 on:** June 18, 2009, 05:13:19 pm »

Not that Im sure of this but If he was on the board and with Parry also going we really now have no one with their hearts in the club , albeit they made major fuck ups , but something must be going on , I cant believe Moores would resign knowing that nobody better was coming in .................

vanoord · « **Reply #9 on:** June 18, 2009, 05:13:54 pm »

The resignation appears to co-incide with the refinancing of the club, so I suspect it's going to be a very interesting few days as we find out why he's gone.

He (and Rick Parry) prevented the entirety of the loan from being placed on the club, so with both of them now gone, that means the refinancing could see a shift in the debt so that the club is at considerably more risk of administration and player sales than it was.

This is not a good step.

It will be interesting to see whether he went on point of principle, or whether he was pushed.

The first interview is going to make interesting reading, either way. I wonder if we'll get an admission that he sold to the wrong people?

We live in interesting times.

No666 · « **Reply #10 on:** June 18, 2009, 05:14:13 pm »

Surely when Parry resigned it didn't matter if Moores stayed or not - the four of them could still out-vote him to ladle debt on the club. And let's be honest, his objections made not a blind bit of difference, in reality - the banks will have the final say on what debt is guaranteed by the club and what by personal guarantees, I would have thought. Perhaps the financial boys can give us some insight.

southern scouse · « **Reply #11 on:** June 18, 2009, 05:14:23 pm »

Quote from: maqu006 on June 18, 2009, 05:11:26 pm

This smells of approaching hell. No more resistance to loading debt onto the club. Well done Moores and Parry. You got your money and have now also washed your hands of your responsibilities.

Well it could only mean one of two options

1) H&G have the club and have full voting rights,

2) Something is up we havent got the full picture yet, with both other board members, Moores and Parry know the club is in safer hands, who?

Fanxxxxtastic · « **Reply #12 on:** June 18, 2009, 05:15:21 pm »

Quote from: Mimi on June 18, 2009, 05:05:40 pm

What's the point of him staying on as Honorary Life President? If he resigned from the Board based on principle, why would he hold onto a position of priviliege?

He would have to join "Belong" to get his tickets.

i_wun_bite · « **Reply #13 on:** June 18, 2009, 05:16:18 pm »

i dun like the lack of transparency. it's getting annoying

maqu006 · « **Reply #14 on:** June 18, 2009, 05:18:11 pm »

Quote from: No666 on June 18, 2009, 05:14:13 pm

Surely when Parry resigned it didn't matter if Moores stayed or not - the four of them could still out-vote him to ladle debt on the club. And let's be honest, his objections made not a blind bit of difference, in reality - the banks will have the final say on what debt is guaranteed by the club and what by personal guarantees, I would have thought. Perhaps the financial boys can give us some insight.

As far as I remember, the WHOLE board must agree on issues such as refinancing. I remember reading that Parry and Moores vetoed H&G's attempt to load more debts onto the club the last time.

Lenstar · « **Reply #15 on:** June 18, 2009, 05:19:56 pm »

i wonder how long it will be (if at all) until the fuck wits make an announcement on .tv about thanking David Moores for his efforts blah blah blah

shelovesyou · « **Reply #16 on:** June 18, 2009, 05:20:53 pm »

Quote from: maqu006 on June 18, 2009, 05:18:11 pm

As far as I remember, the WHOLE board must agree on issues such as refinancing. I remember reading that Parry and Moores vetoed H&G's attempt to load more debts onto the club the last time.

Yeh thats right and now Parry has gone Moores couldnt veto on his own , no point him staying on the board really.

jonnygeeart · « **Reply #17 on:** June 18, 2009, 05:22:30 pm »

time for him to speak up and apologise to the club employees and the fans

HarryLabrador · « **Reply #18 on:** June 18, 2009, 05:24:14 pm »

Just wished you had severed every link with H&G so you can be free to say it the way we want to hear it, David!

That we were Mugged!

southern scouse · « **Reply #19 on:** June 18, 2009, 05:25:28 pm »

Quote from: jonnygeeart on June 18, 2009, 05:22:30 pm

time for him to speak up and apologise to the club employees and the fans

And to reveal the truth as to whats been/and going on, with G&H

buchigo! · « **Reply #20 on:** June 18, 2009, 05:25:30 pm »

Quote from: jonnygeeart on June 18, 2009, 05:22:30 pm

time for him to speak up and apologise to the club employees and the fans

jonnygeeart · « **Reply #21 on:** June 18, 2009, 05:29:36 pm »

Quote from: HarryLabrador on June 18, 2009, 05:24:14 pm

Just wished you had severed every link with H&G so you can be free to say it the way we want to hear it, David!

That we were Mugged!

Is he bright enough to even have noticed!

NatD · « **Reply #22 on:** June 18, 2009, 05:30:11 pm »

Quote from: HarryLabrador on June 18, 2009, 05:24:14 pm

Just wished you had severed every link with H&G so you can be free to say it the way we want to hear it, David!

That we were Mugged!

Well said! It would be great to get this honest thoughts about what he did, but I doubt there will ever be an apology though...!

PS - just checked the link, 2 Fooking paragraphs from the club and that's it??

..Bruiser.. · « **Reply #23 on:** June 18, 2009, 05:32:02 pm »

I used to have a lot of time for the bloke before he sold the club. Good riddance to him, he sold us out for £80m was it?

Parpello · « **Reply #24 on:** June 18, 2009, 05:32:18 pm »

C'mon Dave spit it out, we know you've got a lot to get off your chest.

Something Else · « **Reply #25 on:** June 18, 2009, 05:36:52 pm »

I remember this being rumoured some months ago...... I struggle to see this as good news

shelovesyou · « **Reply #26 on:** June 18, 2009, 05:39:18 pm »

Quote from: Something Else on June 18, 2009, 05:36:52 pm

I remember this being rumoured some months ago...... I struggle to see this as good news

Me too , It never is good news when it comes to these bunch of cowboys .
I wonder if its to do with Refinance ? ?

shockwave_dave · « **Reply #27 on:** June 18, 2009, 05:41:15 pm »

Given that he supposedly has a voting right, and for major decisions full agreement has to be made (apparently), why would he resign?

Somethings up

hide5seek · « **Reply #28 on:** June 18, 2009, 05:43:25 pm »

Quote from: belfast-connection on June 18, 2009, 05:03:37 pm

probably not good news at all

leaves the scum free to load as much debt onto the club as they like

and probably indicates that he wasn't happy at shenanigans that we have yet to hear about

Yeah, the shenanigans he caused.

Art Vandelay · « **Reply #29 on:** June 18, 2009, 05:44:30 pm »

Quote from: maqu006 on June 18, 2009, 05:18:11 pm

I remember reading that Parry and Moores vetoed H&G's attempt to load more debts onto the club the last time.

Well those veto's worked well, what with us being so utterly debt free at the moment....

leeb · « **Reply #30 on:** June 18, 2009, 05:46:05 pm »

I dont see any good with this news whatsoever. This has given them full power to do as they please with the club.

Liverbird 2010 · « **Reply #31 on:** June 18, 2009, 05:48:38 pm »

Quote from: belfast-connection on June 18, 2009, 05:03:37 pm

probably not good news at all

leaves the scum free to load as much debt onto the club as they like

It hasnt stopped them loading the debt on the club either.

Good ridance, 2 down 2 to go.

John C · « **Reply #32 on:** June 18, 2009, 05:48:38 pm »

Quote from: Lenstar on June 18, 2009, 05:19:56 pm

i wonder how long it will be (if at all) until the fuck wits make an announcement on .tv about thanking David Moores for his efforts blah blah blah

Might be the other way round, Moores might go on .tv and thank H&G for his £88m.

Keens · « **Reply #33 on:** June 18, 2009, 05:50:53 pm »

Quote from: Lyndsey_LFC on June 18, 2009, 05:48:38 pm

It hasnt stopped them loading the debt on the club either.

Good ridance, 2 down 2 to go.

Agreed!!

Peyres · « **Reply #34 on:** June 18, 2009, 05:50:53 pm »

INITIAL REACTION= oh fuck!

electricghost · « **Reply #35 on:** June 18, 2009, 05:51:42 pm »

Quote from: Art Vandelay on June 18, 2009, 05:44:30 pm

Well those veto's worked well, what with us being so utterly debt free at the moment....

Very true, doesn't make much difference to the situation I wouldn't have thought. He could have stood up to them when they first went against their word not to put any debt on the club, but he chose not to then so why would he now ?

chanti · « **Reply #36 on:** June 18, 2009, 05:52:13 pm »

Lets forgive and forget.

Nothing he can do now...

fry · « **Reply #37 on:** June 18, 2009, 05:52:14 pm »

Quote from: Something Else on June 18, 2009, 05:36:52 pm

I remember this being rumoured some months ago...... I struggle to see this as good news

Good news is a rarity round these parts SE. A silver lining could be Moores adding a bit of transparency to everything that has been and possibly everything that will be.

Redskin · « **Reply #38 on:** June 18, 2009, 05:52:54 pm »

Bad day just got a whole lot worse.

fry · « **Reply #39 on:** June 18, 2009, 05:55:09 pm »

Quote from: Lyndsey_LFC on June 18, 2009, 05:48:38 pm

It hasnt stopped them loading the debt on the club either.

Good ridance, 2 down 2 to go.

My speculative side says that with all that's going on with the players we are linked with, spending so much on johnson, moores stepping down, no CEO appointed yet i just cant help but think a change of ownership is on the horizon. My head tells me not to hold my breath.