Re: Football Chat : Wed Oct 06, 2010 7:59 am  

Does seem odd that the non exec directors can sell the company without the agreement of the owners. Sounds like good news for the lawyers.

Re: Football Chat : Wed Oct 06, 2010 8:09 am  

Robbie Rotten wrote:

the approach the media has to this is truly embarrassing, anyone who takes Collymore, Claridge and co. as a source of good knowledge should really take a good look at themselves, they are thick imbeciles who only get a job due to the numbness of those that appoint them. It's time for things to be more professional and more appropriate, those plonkers don't deserve any airtime/column inches.

And yet the media is full of these clowns. Collymore has his own radio show and Robbie Savage with his column. I still find it amusing the Mirror gave Jermaine Defoe his own column last season. Unreal. Just because they're pros and ex pros it seems to make them experts on the game according to the media bosses. I have no idea why, most of us could do their job, they watch the match and give their opinion. Not difficult.

Re: Football Chat : Wed Oct 06, 2010 8:14 am  

Cibaman wrote:

Does seem odd that the non exec directors can sell the company without the agreement of the owners. Sounds like good news for the lawyers.

Yup, see you in court. This will get messy I think.

Re: Football Chat : Wed Oct 06, 2010 8:50 am  

Cibaman wrote:

Does seem odd that the non exec directors can sell the company without the agreement of the owners. Sounds like good news for the lawyers.

They agreed to it during their last refinance with RBS, it was part of the conditions of the refinance. The only way they (G&H) can stop the sale going through is if they can raise the money elsewhere to pay RBS off in the next 10 days or so.

Re: Football Chat : Wed Oct 06, 2010 9:04 am  

keithcun wrote:

They agreed to it during their last refinance with RBS, it was part of the conditions of the refinance. The only way they (G&H) can stop the sale going through is if they can raise the money elsewhere to pay RBS off in the next 10 days or so.

I hadnt realised that was the case. I suppose it will come down to the legality of the sacking of the CEO and Commercial Director?

Aren't G&H better off under this deal than allowing RBS to takeover in 10 days?

Re: Football Chat : Wed Oct 06, 2010 9:32 am  

i, like many others, both on here and elsewhere don't find it a shame about Liverpool. in fact i think it's f**k funny

Re: Football Chat : Wed Oct 06, 2010 9:44 am  

Cibaman wrote:

Aren't G&H better off under this deal than allowing RBS to takeover in 10 days?

Hicks (Gillett is pretty much out of the loop now) will probably be no better off in either scenario. I would imagine the present deal is enough to pay RBS off and take control of the club before going into administration to save the problems that entails and leaving Hicks, hopefully, with nothing. Hicks only wanted to sell if he could get his asking price that was anywhere between £600m and £800m over the last 6 months or so, obviously gaining a very healthy profit in the £100's of millions. Unfortunately for him nobody was stupid enough to pay that. Knowing this, he's been trying without success to refinance elsewhere to pay RBS off and keep hold of the club but as yet nobody will give him the money, his past is obviously catching up with him.

Thankfully (and hopefully), the board have voted for what is best for the club, hence Hicks trying to sack the 2 board members.

Re: Football Chat : Wed Oct 06, 2010 10:35 am  

100% Wire wrote:

i, like many others, both on here and elsewhere don't find it a shame about Liverpool. in fact i think it's f**k funny

Me too.

Re: Football Chat : Wed Oct 06, 2010 10:37 am  

100% Wire wrote:

i, like many others, both on here and elsewhere don't find it a shame about Liverpool. in fact i think it's f**k funny

Who do you support?

Re: Football Chat : Wed Oct 06, 2010 11:10 am  

100% wire is a Bradford Park Avenue fan. What does it matter who he supports?

What makes me laugh about it all is blaming the owners for the teams poor start. Come on lads, get a grip. Look no further than Rafa and the players, its Woy I feel sowwy for.