Close

Page 1 of 4 1234 LastLast
Results 1 to 20 of 61
  1. #1
    Banned ekkl's Avatar
    Join Date
    Nov 2007
    Location
    South Coast
    Posts
    1,448
    Thanks
    0
    Thanked:        0
    Karma Level
    289

    Default Liverpool sold to USA's Boston Red Sox

    Liverpool FC statement
    5th Oct 2010 - Latest News
    Email
    Print
    Share







    Archive
    LFC To Go





    Liverpool Football Club tonight issued the following press statement:

    The Board of Directors have received two excellent financial offers to buy the Club that would repay all its long-term debt. A Board meeting was called today to review these bids and approve a sale. Shortly prior to the meeting, the owners - Tom Hicks and George Gillett - sought to remove Managing Director Christian Purslow and Commercial Director Ian Ayre from the Board, seeking to replace them with Mack Hicks and Lori Kay McCutcheon.

    This matter is now subject to legal review and a further announcement will be made in due course.

    Meanwhile Martin Broughton, Christian Purslow and Ian Ayre continue to explore every possible route to achieving a sale of the Club at the earliest opportunity.

    Author: Liverpool Football Club
    Tagged: statement
    Banned Scammer

  2. #2
    Banned russbeer's Avatar
    Join Date
    Jan 2005
    Location
    Ormskirk, NW
    Posts
    9,622
    Thanks
    0
    Thanked:        1
    Karma Level
    954

    Default Re: Liverpool Announcement

    Getting the offer(s) is all good for the club but whether those stubborn yank fools actually sell up is another matter.

  3. #3
    DF PwNagE ant3b's Avatar
    Join Date
    Apr 2004
    Location
    United Kingdom
    Posts
    8,130
    Thanks
    600
    Thanked:        165
    Karma Level
    628

    Default Re: Liverpool Announcement

    Radio1 said they have sold it to red socks baseball team. subject to legal talks

  4. #4
    DF Jedi darkstar's Avatar
    Join Date
    Jul 2002
    Location
    liverpool
    Posts
    1,887
    Thanks
    629
    Thanked:        255
    Karma Level
    355

    Default Re: Liverpool Announcement

    just what we need more greedy yanks to ruin the club even more

  5. #5
    Awaiting Email Confirm Thalamus's Avatar
    Join Date
    Dec 2002
    Location
    home
    Posts
    996
    Thanks
    75
    Thanked:        11
    Karma Level
    0

    Default Re: Liverpool Announcement

    out of the frying pan into the fire

  6. #6
    DF Jedi jimbo77's Avatar
    Join Date
    Feb 2005
    Location
    Watford, Unite
    Posts
    2,358
    Thanks
    133
    Thanked:        87
    Karma Level
    325

    Default Re: Liverpool Announcement

    well lets see if all goes through first and then make a decision on the new owner...not sure what he is worth but WIKI advises it 860m.

    all i want to know is how much money is going to be invested in the team, is the stadium gonna be built and will roy keep his job.

  7. #7
    DF PwNagE Lighty's Avatar
    Join Date
    Jan 2001
    Location
    Mancland™
    Posts
    5,995
    Thanks
    148
    Thanked:        277
    Karma Level
    715

    Default Re: Liverpool Announcement

    Quote Originally Posted by Thalamus View Post
    out of the frying pan into the fire
    That was my exact same thought mate when i seen sky news banner last night at midnight.

  8. #8
    DF VIP Member Bald Bouncer's Avatar
    Join Date
    Jun 2001
    Location
    UK
    Posts
    9,331
    Thanks
    4,301
    Thanked:        5,768
    Karma Level
    1284

    Default Re: Liverpool Announcement

    Sorry no doubt it's been posted before but I only just saw it

    [Only registered and activated users can see links. ]

  9. #9
    DF VIP Member AD's Avatar
    Join Date
    Jan 2001
    Location
    Bolton, Uk
    Posts
    3,042
    Thanks
    770
    Thanked:        512
    Karma Level
    533

    Default Re: Liverpool Announcement

    Premier League - Liverpool agree sale of club
    Wed, 06 Oct 07:31:00 2010


    [Only registered and activated users can see links. ] have agreed the sale of the club to New [Only registered and activated users can see links. ] Sports Ventures, the owners of Major League Baseball's Boston Red Sox.
    Related Links

    [Only registered and activated users can see links. ]
    [Only registered and activated users can see links. ]

    The sale is conditional on Premier League approval, resolution of the dispute concerning board membership and other matters, according to a Liverpool statement - with current owners [Only registered and activated users can see links. ] Hicks and George Gillett likely to start a legal challenge to stop the sale.
    "I am delighted that we have been able to successfully conclude the sale process, which has been thorough and extensive," Liverpool Chairman Martin Broughton said in a statement on the club's website.
    "The board decided to accept NESV's proposal on the basis that it best met the criteria we set out originally for a suitable new owner. NESV's philosophy is all about winning and they have fully demonstrated that at Red Sox."
    Liverpool's current American owners, Tom Hicks and George Gillett bought the Merseyside club in February 2007 for £218.9 million.
    They instructed Barclays Capital in April to find a buyer and appointed British Airways Chairman Broughton to oversee the sale.
    Broughton said he was disappointed the owners had tried to stop the deal.
    "I am only disappointed that the owners have tried everything to prevent the deal from happening and that we need to go through legal proceedings in order to complete the sale," Broughton added.
    The five-times European champions owe £237 million to their major creditors Royal Bank of [Only registered and activated users can see links. ], which has set a deadline of October 15 for the debt to be refinanced and Broughton said the agreement removed the burden of acquisition debt.


    Reuters

    Source: [Only registered and activated users can see links. ]

    -=AD=-

  10. #10
    Banned ekkl's Avatar
    Join Date
    Nov 2007
    Location
    South Coast
    Posts
    1,448
    Thanks
    0
    Thanked:        0
    Karma Level
    289

    Default Re: Liverpool Announcement

    Yanks out. Yanks in. Yanks a lot.
    Banned Scammer

  11. #11
    DF Founder Raptor's Avatar
    Join Date
    Nov 1999
    Location
    USA
    Posts
    95,454
    Thanks
    503
    Thanked:        1,921
    Karma Level
    5654

    Default Liverpool sold to Red Sox

    Yep, Just seen this on the news over here. Fuck me if you thought Gillette and Hicks were bad lol.....

    Sent from my Epic 4G using Android Tapatalk
    Last edited by Raptor; 6th October 2010 at 11:12 AM.

  12. #12
    DF VIP Member
    Nibb's Avatar
    Join Date
    May 2001
    Location
    Cymru
    Posts
    16,787
    Thanks
    559
    Thanked:        1,133
    Karma Level
    2127

    Default Re: Liverpool sold to Red Sox

    information

    Information

    Liverpool to be bought by Boston Red Sox owners


    Liverpool are currently in the Premier League relegation places


    By Dan Roan
    BBC sports news correspondent




    Liverpool are to be sold to the owners of the Boston Red Sox baseball team.


    But the takeover by the New England Sports Ventures (NESV) is subject to the resolution of a legal dispute with US owners Tom Hicks and George Gillett.
    The Premier League, who have refused to comment at this stage, will also have to approve the latest American buyout.

    Earlier Hicks and Gillett tried to sack managing director Christian Purslow and commercial director Ian Ayre in a last-ditch bid to keep control of the club.
    In an attempt to block any sale and regain control of the crisis-hit club, Liverpool's much criticised owners tried to replace Purslow and Ayre with Hicks's son, Mack Hicks, and Lori Kay McCutcheon, a vice president at Hicks Holdings.

    Hicks and Gillett are understood to have argued that the club's English directors were not acting in the best interests of Liverpool and that the NESV bid - as well another undisclosed offer from Asia - "dramatically undervalued the club".
    Purslow, Ayre and chairman Martin Broughton are now consulting lawyers over whether they can resist the owners' attempts to replace them and force through a sale.
    "I am delighted that we have been able to successfully conclude the sale process which has been thorough and extensive," said Broughton.
    "The Board decided to accept NESV's proposal on the basis that it best met the criteria we set out originally for a suitable new owner. NESV's philosophy is all about winning and they have fully demonstrated that at Red Sox.
    "We've met them in Boston, London and Liverpool over several weeks and I am immensely impressed with what they have achieved and with their vision for Liverpool Football Club.
    "By removing the burden of acquisition debt, this offer allows us to focus on investment in the team.
    "I am only disappointed that the owners have tried everything to prevent the deal from happening and that we need to go through legal proceedings in order to complete the sale."

    NESV currently owns a portfolio of companies including the Boston Red Sox, New England Sports Network, Fenway Sports Group and Rousch Fenway Racing.

    They are partly owned by futures and foreign exchange trading advisor John W. Henry who has an estimated fortune of £540m.
    Henry, 61, made his fortune in hedge funds, but has used it to indulge his sporting interests, most famously with the Boston Red Sox baseball team, but also in the NASCAR motorsport series.

    The self-made multi-millionaire from Illinois does not have the serious money of the Premier League's wealthiest owners but he does have an excellent track record of success with his teams.

    After owning a number of minor league teams, and briefly controlling the Florida Marlins, Henry and his partners in New England Sports Ventures, Tom Werner and the New York Times Company, bought the Red Sox in 2002.
    Within two years of Henry's acquisition their 86-year wait to win the World Series title came to an end. Three years later, they won the title again.
    NESV are thought to be offering about £300m for the club, enough to pay back the £240m of loans and £40m of fees owed to Royal Bank of Scotland, which must be settled at the end of next week.
    However, this valuation falls well short of the £600m that Hicks and Gillett are thought to want for the club, hence their opposition.

    Liverpool were put up for sale by Hicks and Gillett in April with debts of £351.4m.
    They initially sought an asking price of about £800m, a figure they subsequently dropped to £600m.
    In August, there were abortive bids from Hong Kong businessman Kenny Huang while a consortium fronted by Syrian businessman Yahya Kirdi also expressed an interest.

    The owners paid £174.1m to buy the club in 2007, while also agreeing to take on the club's debt of £44.8m.
    Many fans have become increasingly outraged at the pair's ownership of the club, which is said to be currently £237.4m in debt, and their failure to carry through promises to build a new stadium.

    The Royal Bank of Scotland (RBS) has set a deadline of 15 October for that debt to be repaid or a penalty fee of £60m will be due.
    The bank has the option of extending the deadline once again, or calling it in, taking control and then selling the club to the highest bidder.

    Liverpool's troubles off the pitch have coincided with the Anfield club making their worst start to a league campaign since 1953-54, when they were relegated. The Reds are currently wallowing in 18th place in the Premier League.







    [Only registered and activated users can see links. ]
    Last edited by Nibb; 6th October 2010 at 10:56 AM.
    "Where you are is what you eat. When I'm in London I'll have beans on toast for lunch. On holiday — what? Tapas? Go on then I'll have a bit. You eat whatevers in that area"
    Karl Pilkington

  13. #13
    DF VIP Member
    Garny's Avatar
    Join Date
    Jan 2002
    Location
    Liverpool
    Posts
    334
    Thanks
    38
    Thanked:        36
    Karma Level
    303

    Default Re: Liverpool sold to Red Sox

    Quote Originally Posted by Raptor View Post
    Just seen this on the news over here. Fuck me if you thought Gillette and Hicks were bad lol.....

    Sent from my Epic 4G using Android Tapatalk
    [Only registered and activated users can see links. ]

    Dont get your point at all ??? no one could be as bad as them two cnuts but I suppose time will tell if you are right or just being a manc liverpool hater

  14. #14
    Banned russbeer's Avatar
    Join Date
    Jan 2005
    Location
    Ormskirk, NW
    Posts
    9,622
    Thanks
    0
    Thanked:        1
    Karma Level
    954

    Default Re: Liverpool sold to Red Sox

    Of course they could be worse than hicks and gillette! Thats like saying Hicks and Gillette were worse than Hitler! There's always someone whos a bigger cunt!

    From what some people who follow baseball tell me, it could be a case of the lesser of 2 evils with the Red Sox. Its like going from H&G to Glazer!

  15. #15
    DF Jedi HELPERS's Avatar
    Join Date
    Aug 2001
    Location
    Manchester, Un
    Posts
    1,354
    Thanks
    40
    Thanked:        35
    Karma Level
    317

    Default Re: Liverpool sold to Red Sox

    the first thing they will do is replace all them McDonald in the Kop with hamburgers and hot dogs and popcorn

    Liverpool love the USA and there cash lol

  16. #16
    DF Founder Raptor's Avatar
    Join Date
    Nov 1999
    Location
    USA
    Posts
    95,454
    Thanks
    503
    Thanked:        1,921
    Karma Level
    5654

    Default Re: Liverpool sold to Red Sox

    Quote Originally Posted by russbeer View Post
    Of course they could be worse than hicks and gillette! Thats like saying Hicks and Gillette were worse than Hitler! There's always someone whos a bigger cunt!

    From what some people who follow baseball tell me, it could be a case of the lesser of 2 evils with the Red Sox. Its like going from H&G to Glazer!
    the Red Sox owners and management are cunts m8 - and trust me they will not give a fuck about Liverpool - they are only interested in fucking over Gillette and Hicks - its all about a quick deal - the guy is a hedge fund manager ffs and he has dicked over the fans at every team he has touched - dont believe the press ffs - they are all paid off with perks. The only reason the Sox won the World Series after the Babe Ruth Curse was cus the Yankees were shit that year.

    I will say tho that i'd be happy if this deal went through just to fuck over Gillet and Hicks - they are cunts of the highest order BUT cannot be blamed for Liverpools poor performance - that lies with the management and players.
    Last edited by Raptor; 6th October 2010 at 11:10 AM.

  17. #17
    DF Founder Raptor's Avatar
    Join Date
    Nov 1999
    Location
    USA
    Posts
    95,454
    Thanks
    503
    Thanked:        1,921
    Karma Level
    5654

    Default Re: Liverpool sold to Red Sox

    Quote Originally Posted by Garny View Post
    [Only registered and activated users can see links. ]

    Dont get your point at all ??? no one could be as bad as them two cnuts but I suppose time will tell if you are right or just being a manc liverpool hater
    I live in America and I goto Red Sox games quite often, especially when they play the Nationals (I live near Washington). This means I have a clue
    Last edited by Raptor; 6th October 2010 at 11:00 AM.

  18. #18
    DF Jedi HELPERS's Avatar
    Join Date
    Aug 2001
    Location
    Manchester, Un
    Posts
    1,354
    Thanks
    40
    Thanked:        35
    Karma Level
    317

    Default Re: Liverpool sold to Red Sox

    Quote Originally Posted by Raptor View Post
    I live in America and I goto Red Sox games quite often, especially when they play the Nationals (I live near Washington). This means I have a clue.
    Yeah that told em

    wise up and listen when the master talks or you will have egg on your face again lol

  19. #19
    Banned russbeer's Avatar
    Join Date
    Jan 2005
    Location
    Ormskirk, NW
    Posts
    9,622
    Thanks
    0
    Thanked:        1
    Karma Level
    954

    Default Re: Liverpool sold to Red Sox

    Is there a smiley icon for brown-nosing Helpers?

  20. #20
    DF Founder Raptor's Avatar
    Join Date
    Nov 1999
    Location
    USA
    Posts
    95,454
    Thanks
    503
    Thanked:        1,921
    Karma Level
    5654

    Default Re: Liverpool sold to Red Sox

    Quote Originally Posted by russbeer View Post
    Is there a smiley icon for brown-nosing Helpers?
    he's right though

Page 1 of 4 1234 LastLast

Similar Threads

  1. [World News] explosions at the Boston Marathon
    By honestDave in forum News & Current Affairs
    Replies: 310
    Last Post: 25th April 2013, 06:54 PM
  2. Replies: 85
    Last Post: 11th February 2007, 09:19 PM
  3. Replies: 3
    Last Post: 24th September 2004, 12:01 PM
  4. Blaupunkt Boston CC20
    By Mikel in forum Radio Decoding
    Replies: 3
    Last Post: 14th March 2004, 10:41 PM
  5. Blaupunkt Boston CC20
    By danutzzul in forum Radio Decoding
    Replies: 2
    Last Post: 13th March 2004, 05:02 PM

Social Networking Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •