Will Liverpool go into administration this Summer?

[craptakular]

Same for every club tho isnt it, no club in the EPL would survive as a bonafide business, they all rely on rather loaded benefactors.

I dont think we'll do a Leeds tbh, with due respect we are and always will be a bigger club than them, so that in the short term will help us attract business and the better players, maybe not the best, but in reality we havent competed for the top players for a long long time, Torres was a player nobody else wanted.

I want both RB and the board gone, and a British manager to come in and start looking at sorting the club from top to bottom, get the academy sorted, lets get some decent local lads back into the fold, and lets forget about winning the League for the next 5 years and really sort the club out, before its too late, another 2 or 3 years of mediocrity, and we will do a Leeds.

I don't think Blackburn, Stoke and I'm sure some others are not in debt. They spend little in the summer because they live within their means.

I'm worried for Liverpool tbh wouldn't want them to be relegated.

 

[BaZ87]

Some of the posts in here are hysterical. Liverpool won't go into administration and most certainly won't do a Leeds.

Unlike Leeds (or whoever you want to mention), we're a far bigger club so there will always be a buyer waiting to takeover and most importantly our owners stand to lose massive amounts of money.

H&G are opportunists, they saw the chance to buy us on the cheap and have spent the last 3 years holding out for the best possible price. Unfortunately for them, the best price has been and gone.

 

[Cannaton]

One question, does anyone know why LFC is so committed to building a stadium in the Anfield area? Surely somewhere in the docklands of Liverpool would A. Better served by public transport - merseyrail, ferries etc, B. Wouldn't involve building on parkland and C. Anfield is an embaressment in all honesty. Something built in the docklands could be outstanding, similar to Melbourne's stadium. Is it because the land-value in Anfield is so cheap?

Also, earlier someone said LFC couldn't fill more expensive seats - that is exactly what they need, better corporate facilities. They need around four times as many executive boxes than they have currently, obviously 15,000 odd extra regular seats would be beneficial too but it is the corporate facilities that is holding back match-day revenue.

Like Baz says though, they won't go into administration.

 

[Mr.Pink]

... we're a far bigger club so there will always be a buyer waiting to takeover and most importantly our owners stand to lose massive amounts of money.

.

Yeah, new buyers are queing up. Who wouldn't want to invest in a club that even with Champions League money (estimated at an extra £50 million a year) are still hemorrhaging £110 thousand pounds a day on interest to debts.

 

[BaZ87]

How will Champions League money affect the interest payments?

Anyway, any serious long term owner wouldn't saddle the club with the same levels of debt and like has been discussed in other threads, the investment is in the new stadium not the club as it is. There's been plenty of interest in the club and bigger offers than you'd expect now, even when the amount of bank debt was higher.

As I said, H&G stand to lose massive amounts of money if the club go into Administration; if they can't hold on as we expect then they'll take the best possible offer for the club, even if that meant lessing at a similar fee that they bought us for.

 

[Mr.Pink]

How will Champions League money affect the interest payments?

.

Sorry i didn't phrase that very well. It wouldn't effect the interest payments or the debt, they would still exist, but the potential to manage these debts would be greater.

 

[No1newts]

Hopefully.

Hate Liverpool.

 

[Cannaton]

Hopefully.

Hate Liverpool.

Wow, I wish I was able to make such an intelligent and elloquent contribution to a discussion like you.

 

[BaZ87]

Sorry i didn't phrase that very well. It wouldn't effect the interest payments or the debt, they would still exist, but the potential to manage these debts would be greater.

The press love to exaggerate the amount the CL is worth. The season before last we made ~£20m from CL prize and TV money and a further ~£7m from gate receipts (taken from the accounts).

Give or take, we should make a similar amount in gate receipts from a half decent Europa League run and even if you say we'll only make £4-5m in TV and prize money, we'd only be down ~£15m.

As I've said countless times on here, our new shirt deal that kicks in next season which is approximately £15m more per season than our current one. We're not going to be massively worse off than last season, if at all but obviously had we been in the CL we'd be much better off thanks to the increased commercial deals we've signed.

 

[No1newts]

Wow, I wish I was able to make such an intelligent and elloquent contribution to a discussion like you.

Short and too the point.

At the end of the day clubs these days are refusing to accept reality i.e. they cannot spend stupidly beyond their means and live free from the consequences. If you're whole season is geared towards getting in the top 4 and advancing in the champions league just so you can pay your bills rather than for any glory motivation then you know you are in some serious poop, remind anyone of Liverpool?

Most clubs like Liverpool who are so poorly run are now being weeded out of the system and this is nothing but a good thing even if Liverpool have to plummet through a few divisions to realise the fact they are run worse than a sweet shop by a bulimic fat kid. You have Leeds, Newcastle (I am unfortunately a fan) Hull, Southampton, Portsmouth and various other clubs feel the bite of realism and they bloody well deserve it. I wont pretend I wasnt massively disapointed when the Toon came up and we are told "oh by the way no cash" it means we are pretty sure to be going down unless we are either a) lucky or b) Houghton is some sort of free transfer sub 500k transfer genius. But ultimately its for the good of the club, if we can survive this year we will be within operating levels of debt which most companys run at and then we can kick on from there.

There are very few badly run clubs like Liverpool left. The only one I can think of off the top of my head is Man Utd and that looks like coming to a head at some point in the next year or two, especially with Ferguson having to rebuild again. Most other clubs at the top have begun to work within their means or at least within levels of debt are not going to be problematic to sort out if it comes to the crunch. There are the exceptions of Chelski and Man Saudi but living at the whim of a sugar daddy whilst fun, is a risky business if they choose to walk away, Chelski have the idea of working toward braking even which at least is one good thing.

Yes I dont particularly like Liverpool myself which somewhat adds to the enjoyment of the situation but clubs need to learn this lesson the hard way. If a few more go bust to realise this then all the better if it rams home the lesson. Additionally it can only be better for the English game, not so much the premier league but if clubs are having to be sensible again we should hopefully see a resurgence of good English talent again over the next 5-10 years not just the one superstar and 3-4 decent players that we get every so often at the moment.

Football at the moment is still going the way of the financial system, everyone is happy as larry swimming in the ocean of money but when they have jumped out for a few seconds they have turned around and seen the ocean is nothing but a mirage. The game will rebalance itself as time goes by, see wages drop to around 100k max again if not lower (rather than the 150-180k for good players and 110-120 for just decent ones) and apart from the anomaly clubs like Chelski, Man Saudi, Real et al we should see transfer fees stabalise as well.

 

[chimaera]

Also, earlier someone said LFC couldn't fill more expensive seats - that is exactly what they need, better corporate facilities. They need around four times as many executive boxes than they have currently, obviously 15,000 odd extra regular seats would be beneficial too but it is the corporate facilities that is holding back match-day revenue.

But will they sell those boxes without a decent squad and CL football? Arsenal pulled it off because they had great youngsters who improved throughout the years they couldn't spend as much money, and even then only just got away with it.

In comparison Liverpool don't have that setup, even Arsenal are having big problems at the moment selling those premium seats and thats with CL football next year and a wealthy fan base, i think Liverpool would struggle to sell that many to be honest, especially if gerrard or torres left and the club was rebuilding from scratch.

 

[BaZ87]

.....

Liverpool need to learn the hard way, are poorly run and have spent beyond their means? What a crock of ****.

Liverpool (and Utd, like you said) are in the positions they are because they were put into debt through leveraged buyouts.

 

[No1newts]

Liverpool need to learn the hard way, are poorly run and have spent beyond their means? What a crock of ****.

Liverpool (and Utd, like you said) are in the positions they are because they were put into debt through leveraged buyouts.

I didnt hear the Liverpool and Man Utd fans screaming "NO NO NO" when you were bought out by those parties. There was certainly a minority who were against it but they were a minority.

Everyone was too busy thinking "wahey we will be another Chelski" revelling at the thought of the, imagined, untold riches with which to buy the best players and rule the (foootballing) world.

It was only when the **** hit the fan that the supporters got all indignant about things and started protesting. If you had been so hot on things straight away you wouldnt be in this situation but you were all more than happy before you saw the strings that came attached your buyouts.

Hey im a Toon fan we seen the potential glory when Ashley first bought us and we were as gullible as you lot, its not vindictiveness that wants me to see your clubs suffer but the indignation and the "we are too big for this" attitude can get somewhat nauseating at times. You reap what you sow mate, plenty of clubs have already seen this happen to them and just because you are a "big" club does not mean you are immune to administration or other financial woes. Especially Liverpool where you have owners as stubborn and stupid as Ashley i.e. wanting and expecting a massively over inflated price for a club that is no longer worth it and willing to sit on it and let it go down the swanny out of sheer stubborness.

 

[BaZ87]

None of that was what you said in your last post.

I agree there was definitely a proportion of Liverpool fans that were hoping or expecting for some kind of RA type owner however I'd like to know how Liverpool fans could have stopped the takeover.

It happened in a matter of days; 1 minute we were about to be sold to Dubai and the next minute Moores got greedy and we ended up getting sold to a couple of Cowboys.

I hate those 2 Yank ****s but 1 thing they're not is stupid; they've known what they're doing ever since they bid for the club and as much as it pains me to say it, they're most likely going to walk away with a tidy profit from us. Not everything has gone to plan for them and they've probably missed the boat in terms of the massive sale they were hoping for but they're not going to let their stubborness cost them. If Liverpool go bust they're going to lose anything from £130m of their own money as well as the club, that is the single reason why I'm more than confident Liverpool won't go into administration.

 

[DanH84]

So you think it was only a minority of united fans who were against the Glazer takeover from the start?


although saying that Uniteds value is going up to the benefit of the Glazers currently.

 

[Mr.Pink]

Short and too the point.

Snip.

Thats one ill-informed post. I can see why your previous one was so short.

Fans couldn't have stopped the takeover.

Secondly, i could understand your post if the yanks had been pumping money into the club to buy new players / finance the new stadium. Neither of which have happened.

I want to pick up on the 'Big Club' and i agree that i find this a bit cringeworthy. What defines a big club, perfomances in the 70's & 80's? ..Financial worth?...Fanbase?... Attendance?... Recent successes?.....

I prefer not to use the term especially when trying to use it as an example of why we would be exempt from financial disasters.

I might be on my own here as a LFC fan, but i can't wait for Leeds & Newcastle to rejoin the premiership. Both great teams, and i think the premiership is a lesser league without their presence. There were some fantastic games when Keegan was in charge, and i still remember the stick i got from my Leeds pal after the Tony Yeboah wondergoal back in 95.
I see Leeds and Newcastle as to great teams

 

[No1newts]

Fans couldn't have stopped the takeover.

No I accept that but fans of both clubs, hell all the clubs who end up in financial difficulty because of new owners who offer the world and then deliver nothing, suddenly start acting like they were against the takeover from day one and that "X" owner should never have been allowed to take over "X" club.

In reality the majority of fans were delerious with joy when they were taken over in the mistaken belief that they were now another Chelski. The fans need to look themselves in the mirror and now accept the consequences because when things were looking rosy you were more than happy to get into bed with the bad owners, who at the time seemed great. Don't start acting the poor martyr who has been unwittingly led into horrible circumstances. Ultimately the club will have been bought out regardless, but perhaps if you were so against it in the first place it may not have happened? It is certainly possible.

By the way none of that is a personal attack there bud, its a general comment directed at all fans of all clubs in financial worries, not just you scouse boys.

I might be on my own here as a LFC fan, but i can't wait for Leeds & Newcastle to rejoin the premiership. Both great teams, and i think the premiership is a lesser league without their presence. There were some fantastic games when Keegan was in charge, and i still remember the stick i got from my Leeds pal after the Tony Yeboah wondergoal back in 95.
I see Leeds and Newcastle as to great teams

The 3-2 games we played out every season toward the tail end of the 90's were great games, used to love them even though we generally came out on the wrong side of them

I think the premiership would suffer without Liverpool. I just get annoyed with, what is probably a minority of fans', arrogance and the "we are too big for this" attitude. Newcastle fans had this last season before we went down, Leeds were the same. No one is too big and if a short, sharp and unfortunately nasty lesson is required then most clubs should suffer it for the long term benefit of the club (i.e. not being driven out of existence all together) and for the benefit of the fans.

 

[craptakular]

Some of the posts in here are hysterical. Liverpool won't go into administration and most certainly won't do a Leeds.

Unlike Leeds (or whoever you want to mention), we're a far bigger club so there will always be a buyer waiting to takeover and most importantly our owners stand to lose massive amounts of money.

H&G are opportunists, they saw the chance to buy us on the cheap and have spent the last 3 years holding out for the best possible price. Unfortunately for them, the best price has been and gone.

Why don't you think they will go into administration?

They son't have many assests to sell, certainly wouldn't pay off all the debt.

Do you think it's good practice to spend spend spend and prey a new buyer bails you out?

I'm not getting onto Liverpool here I fear for Man Utd as well.

 

[craptakular]

snip

Going off topic, you think Newcastle will get relegated with their current squad? Even with the remaining players they should not have got relegated.

Harper, Colo, Enrique, S. Taylor, Smith, Guthrie, Butt, Jonas all should be able to keep you up.

 

[red11]

I didnt hear the Liverpool and Man Utd fans screaming "NO NO NO" when you were bought out by those parties. There was certainly a minority who were against it but they were a minority.

Everyone was too busy thinking "wahey we will be another Chelski" revelling at the thought of the, imagined, untold riches with which to buy the best players and rule the (foootballing) world.

It was only when the **** hit the fan that the supporters got all indignant about things and started protesting. If you had been so hot on things straight away you wouldnt be in this situation but you were all more than happy before you saw the strings that came attached your buyouts.

Hey im a Toon fan we seen the potential glory when Ashley first bought us and we were as gullible as you lot, its not vindictiveness that wants me to see your clubs suffer but the indignation and the "we are too big for this" attitude can get somewhat nauseating at times. You reap what you sow mate, plenty of clubs have already seen this happen to them and just because you are a "big" club does not mean you are immune to administration or other financial woes. Especially Liverpool where you have owners as stubborn and stupid as Ashley i.e. wanting and expecting a massively over inflated price for a club that is no longer worth it and willing to sit on it and let it go down the swanny out of sheer stubborness.

Are you kidding me, there was a massive reaction to the Glazers taking over Man Utd. As a former (incredibly small ) shareholder myself, I didn't really appreciate it at all and I still haven't given them my share certificate or accepted the value of the share from them and I never will. They can fall off a ****ing cliff and die the whole lot of them for all I care.