The Liverpool Club Thread. **No Spoilers**
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Yep, read the same as well. But of cash to help reduce debt after the work on the stand and buying melwood back for the ladies team to call home call etc. The fsg out lot are already moaning on twitter about it
Caporegime
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Wait, owners can reduce debt? That is allowed?
We've sold off a small stake in the club to an investment firm, this brought in money which could be used to pay off debts.
Caporegime
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You missed the point, when our owners sold off shares they just pocketed it
We've sold off a small stake in the club to an investment firm, this brought in money which could be used to pay off debts.
Of course, that's what the Glazers done in 2012.
And what's happened at Liverpool has been misreported. FSG haven't sold their shares, the company that is used to own Liverpool will have issued new shares which would have been purchased by Dynasty Equity and the funds would have then been transfered to the club.
I wasn't going to comment on this as the first thing everybody mentioned (on here and twitter) was about transfer funds and it just made me want to cry. The club has spent circa £150m on infrastructure in the past few seasons and in this last summer (due to triggering two release clauses) had to come up with at least £95m in cash for transfers (which the club wouldn't have had) - the club has funded this with a big over draft as well as money it generates itself and this money will pay off that. That now frees the clubs future revenue to be spent on other things moving forwards (including transfers), rather than paying interest and debt repayments.
Yep, read the same as well. But of cash to help reduce debt after the work on the stand and buying melwood back for the ladies team to call home call etc. The fsg out lot are already moaning on twitter about it
some goes to debt incurred by this summer's player purchases
Yep, as above we triggered the release clause of both Mac Allister and Szobozlai meaning the club would have had to pay £95m up front + whatever the initial installments on Endo & Gravenberch. Now obviously there would have been some money coming in from Fab, Hendo etc but it's very unlikely that we received more than 50% of those fees up front. With the continued work on the Annie Road end, the club wouldn't have had that sort of cash available from day to day activities meaning they would have had to further increase the use of their overdraft.
I was under the impression at least the Sob money was borrowed from one of those soccer finance companies and is being repaid with interest? Perhaps I’m wrong though, my ex wife would tell you this happened many times a day.
There's been nothing in the clubs accounts about this although the next set of accounts (last season) won't be out until around March. What you might be getting confused with is the sale of Coutinho - we agreed a payment deal with Barca but in the end decided to sell the debt meaning one of these finance companies paid us the full amount (less a bit of interest) and they collected the installments from Barca.
Unlike other clubs we typically don't borrow much money in relation to transfers, whether that's from banks or from other clubs - it's cheaper to pay as much of the fees in advance as possible and typically any short fall from what the club generates itself has been very short term use of the overdraft. Last season the club would have spent in excess of £50m towards the Anfield Road expansion, that coupled with the fact that we had to pay the entire fees for Mac Allister and Szobo up front meant we probably had to dip into the overdraft a bit more than normal.
Football forums been a bit quiet with no proper football hasnt it 
The stand expansion will remain closed until next year, lot of folks not happy as the club have been selling tickets at the increased capacity number and Robbo has done his shoulder - depending on the nature its either 2-4 weeks or 3-4 months apparently
And to the surpise of no one we've got the lunch time kickoff following an international break yet again..
The stand expansion will remain closed until next year, lot of folks not happy as the club have been selling tickets at the increased capacity number and Robbo has done his shoulder - depending on the nature its either 2-4 weeks or 3-4 months apparently
And to the surpise of no one we've got the lunch time kickoff following an international break yet again..
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Soldato
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Football forums been a bit quiet with no proper football hasnt it
The stand expansion will remain closed until next year, lot of folks not happy as the club have been selling tickets at the increased capacity number and Robbo has done his shoulder - depending on the nature its either 2-4 weeks or 3-4 months apparently
And to the surpise of no one we've got the lunch time kickoff following an international break yet again..
Whats the data on that? Seems it’s always the early kick off but i’m thinking that’s down to Liverpool having more TV games and not being in the EL.
Since 2017 we've double the number of early kickoffs compared to the next team (spurs), we're also scheduled for the early kick off end of november
Well this is not good...hope it has a good ending...
www.dailymail.co.uk
BREAKING: Parents of Liverpool's Luis Diaz 'kidnapped in Colombia'
As per local reports, the player's mother and father were stopped in their vehicles by the assailants in the town of Barrancas, in La Guajira, the town were Diaz grew up.
But his father is still missing.
Grim.Well this is not good...hope it has a good ending...
BREAKING: Parents of Liverpool's Luis Diaz 'kidnapped in Colombia'
As per local reports, the player's mother and father were stopped in their vehicles by the assailants in the town of Barrancas, in La Guajira, the town were Diaz grew up.