Topic: Not A Penny More

[Matt Rankin]

http://www.notapennymore.net

http://www.notapennymore.net/debt.html

Could not find this in a search, please delete if need be.




Liverpool Football Club is being run in to the ground by the present owners.

Off the pitch the club is at least £350M in debt (Latest confirmed figures: July 2009) and is likely to already be much higher in debt.

The club wastes £1 Million in interest every 9 days. Or £110,000 a day - or £4,500 per hour. Wasted. Not going on players. Not going on a new stadium.

The owners have not invested a single penny in to the club since they 'bought it for £220M' - instead they took out loans from the likes of the Royal Bank of Scotland and placed that debt on to Liverpool Football Club itself.

They say they want £800M for the club before they sell. This figure is ridiculous. It is also dangerous for Liverpool FC's future.

On the pitch Liverpool have not had a transfer budget for over 2 years. Not surprising when we have had to spend £110 Million on interest alone in 3 years.

We have tried marches, we have tried email campaigns, we have chanted at the stadium and we have produced banners. Two Americans asleep in their beds thousands of miles away do not care. Only Liverpool Fans have the power to ensure these two men are gone as quickly as possible.

The time has come to ensure that Hicks and Gillett leave Anfield as soon as possible.

The only way they will understand we are serious is if we stop giving them our money. These people only understand the value of money - and it is OUR money that is keeping them at Anfield.

Every time we buy a match ticket, use the official club store, visit the official website we are contributing to the owners wallets.

It's time for us to stand firm. It is time for DIRECT ACTION.

[Andy @ Allerton!]

Pretty sure it's £170,000 a day now.

[Matt Rankin]

Just found the ticker more alarming than anything, I think when people see the speed of it rising they might think harder

[BTGH]

all the 'soft' actions have not worked so far, someone should just put a gun to their head and get them to sign on the dotted line to sell the club.  or the alternative would be to use the gun 

[kopilot]

would be great if this: http://www.notapennymore.net/debt.htmlmade available  as a widget for our PC/Mac.

[the jesus]

Like that packs a punch and the Q&A section showed a level of reasoned debate that would make it hard to object to.

[Rossie]

Just found the ticker more alarming than anything, I think when people see the speed of it rising they might think harder

Shocking that, that's pounds coming out of our pockets.  Think if you were taking that out of your pocket and throwing it into a large hole in the ground.  That's effectively what's happening here.

[i_wun_bite]

how can any stupid bank continue to let loan go on... or even made the loan in the first place. it's just plain stupid

[TommySmithsLiver]

http://www.notapennymore.net

http://www.notapennymore.net/debt.html

Could not find this in a search, please delete if need be.




Liverpool Football Club is being run in to the ground by the present owners.

Off the pitch the club is at least £350M in debt (Latest confirmed figures: July 2009) and is likely to already be much higher in debt.

The club wastes £1 Million in interest every 9 days. Or £110,000 a day - or £4,500 per hour. Wasted. Not going on players. Not going on a new stadium.

The owners have not invested a single penny in to the club since they 'bought it for £220M' - instead they took out loans from the likes of the Royal Bank of Scotland and placed that debt on to Liverpool Football Club itself.

They say they want £800M for the club before they sell. This figure is ridiculous. It is also dangerous for Liverpool FC's future.

On the pitch Liverpool have not had a transfer budget for over 2 years. Not surprising when we have had to spend £110 Million on interest alone in 3 years.

We have tried marches, we have tried email campaigns, we have chanted at the stadium and we have produced banners. Two Americans asleep in their beds thousands of miles away do not care. Only Liverpool Fans have the power to ensure these two men are gone as quickly as possible.

The time has come to ensure that Hicks and Gillett leave Anfield as soon as possible.

The only way they will understand we are serious is if we stop giving them our money. These people only understand the value of money - and it is OUR money that is keeping them at Anfield.

Every time we buy a match ticket, use the official club store, visit the official website we are contributing to the owners wallets.

It's time for us to stand firm. It is time for DIRECT ACTION.

Only way to deal with them.  Fantastic post and straight to the point. The only way to deal with asset stippers such as these is to make their assets worth much less and a reduction in the paying fanbase is the only way we can do this.  It may hurt some but try to think of it as the chemo that cures the cancer.

[mccred]

Agree that an all out boycott would be the quickest way of getting those two c*nts out, but I can fully understand why someone with a season ticket wouldn't give it up now. They wouldn't be getting it back for along time.
Personally I'm on the fence still, just a member so not renewing ain't no hardship,once the pricks sell up, I can sign back up. But get the feeling that if I don't go the Arsenal game, the attendance figure won't be one less, just means someone else will have my day out?
But as I say,I'm on the fence still. Not sure my conscience will let me continue giving them £38 every other week. Going the match has been the highlight of my week for nearly 30 years and those two thieves have succeeded in sucking just about every last drop of joy out of it.   

[James Mac]

Absolutely ridiculous. In less than a minute the equivalent of a days pay for me is spent on interest. In 15 seconds the equivalent of a night out is spent on interest. We need more tangibles!

[exiledintheUSA]

That ticker is shocking. We all have a sense of the gravity of the situation we are currently in but seeing it like that is just jaw dropping.

Wake up people and wake up now. YANKS OUT!

[Benthead]

Pledged. 

[gray19lfc]

Worth getting on this www.facebook.com/notapennymore and getting your friends to join.

[Benthead]

http://www.notapennymore.net

http://www.notapennymore.net/debt.html

[JD77]

http://www.notapennymore.net/debt.html

Hope everybody's watching it, not long now till it goes through another million pound barrier....

The champagne is on ice in RBS headquarters as we speak.