Liverpool Message Board
for the two yanks.
this enables them to put a whopping 60 million down payment on the new ground, which still hasn't been sorted, and gives them the chance to borrow more money at a future date to complete it. even though they realise they've just borrowed at one of the worst times in recent years, and even had to spread the loan because no single company felt possible to go the whole hog and lend them the lot.
this is a very worrying time in Liverpools history. Its not going to be any help on the pitch whatsoever.
bye bye rafa.
Looks like we are going to have to learn to live with the Americans. Not to happy with the debt we are taking on in this deal, but it may not be as bad as it could be (trying to see the bright side). Not all the debt is going into the club, with some being shared between H&G directly and the holding company they set up when the purchased the club. Also from what I read there is working capital that has not be earmarked, but is assumed to be for stadium set up costs, and possibly up to about 40M for transfers. My biggest question is can they either paper things over with Rafa, or bring in someone of quality as the biggest thing we need right now is calm at the club.
- 2 Replies to dsteer_lfc_68
Just read an article on BBC sports news (aint got the link) that DIC are still monitoring the situation according to the reporters contacts in Bubai and that they expect DIC to be back at the table in 12 - 18 months !!! - Interesting - all might not be lost
Now i agree that if work has started on the stadium, then the yanks have got that as an asset/bargaining tool with DIC in negotiations, but it will also look far more attractive to DIC as well.
Got all my limbs crossed !!!