Liverpool declared Toxic

[richpye]

Looks like the bin juice has finally gone stale

http://www.independent.co.uk/sport/foot ... 75266.html

I have to put my rose tinter glasses on for minute here though, and say these stories are exactly the reason why we run the club like we do. I would hate this to be our club now

[AA23Northbank]

Looks like the bin juice has finally gone stale

http://www.independent.co.uk/sport/foot ... 75266.html

I have to put my rose tinter glasses on for minute here though, and say these stories are exactly the reason why we run the club like we do. I would hate this to be our club now

Exactly

Welcome to the rosetinter club my friend

[flash gunner]

I cant be bothered to go into this in a big way but i hate liverpool second only to the scum so if they went out of business or relegated i would be delighted.

Going back to the foreign owner issue using liverpool as an example of all foreign ownership is wrong, its one end of the spectrum, i too wouldnt like Arsenal to be in their situation but there is a middle ground whereby this could work and god forbid even maybe get us challenging for trophies again

[Louder]

I'm not overly fussed when it comes to the scousers' fate, but it was interesting to read about the excessive number of players that Rafa had recruited.
While the majority of the fans are vehemently laying the blame at the owners door, it turns out that maybe le spanish waiter wasn't as meticulous as he, and the fans, liked to think.

[DB10GOONER]

Honestly thought this was about the city of Liverpool in general, not the club!!

[richpye]

Looks like the bin juice has finally gone stale

http://www.independent.co.uk/sport/foot ... 75266.html

I have to put my rose tinter glasses on for minute here though, and say these stories are exactly the reason why we run the club like we do. I would hate this to be our club now

Exactly

Welcome to the rosetinter club my friend

Cheers!

Can I as what you did with my subscription fees for the past 5 years???

[Barriecuda]

Honestly thought this was about the city of Liverpool in general, not the club!!

LOL

It looks like Rafa really left the club in shit shape. Kind of disgusting really. To me it looks like a lack of professional integrity; RB doing whatever he could to keep his job a little longer at the expensive of the club's long term viability.

[AA23Northbank]

Honestly thought this was about the city of Liverpool in general, not the club!!

LOL

It looks like Rafa really left the club in shit shape. Kind of disgusting really. To me it looks like a lack of professional integrity; RB doing whatever he could to keep his job a little longer at the expensive of the club's long term viability.

Imo it's a combination of the Yanks' leveraging a load of debt on the club through the takeover and lending too much money to Rafa to spend, and Rafa making bad buys. Everyone is culprable and Rafa isn't as good in the transfer market or as good a manager as the scousers made him out to be. He left Valencia in a pretty poor financial state when he left them to come to Anfield as well

[mcdowell42]

Who cares hate the fucking club hope they go bust and end up relegated

[USMartin]

Honestly thought this was about the city of Liverpool in general, not the club!!

LOL

It looks like Rafa really left the club in shit shape. Kind of disgusting really. To me it looks like a lack of professional integrity; RB doing whatever he could to keep his job a little longer at the expensive of the club's long term viability.

Imo it's a combination of the Yanks' leveraging a load of debt on the club through the takeover and lending too much money to Rafa to spend, and Rafa making bad buys. Everyone is culprable and Rafa isn't as good in the transfer market or as good a manager as the scousers made him out to be. He left Valencia in a pretty poor financial state when he left them to come to Anfield as well

Precisely. The idea that its solely down to what was spent on players - and there in is a vindication of our decision to not spend more on players - is not actually accurate at all. Just as the argument that the new stadium is the sole reason we made that decision to not spend more is not accurate either. That is down in large part to the cash flow problems created by not selling Highbury to pay off that stadium debt initially, as originally planned.

[USMartin]

http://www.bbc.co.uk/news/business-10885285

This is how Tom Hicks actually conducts his business and his sports franchises, so yes spending should have been reduced at Liverpool but solely becuase of the strain created by Mr. Hicks prefferred method of purchase and business model both reliant on debt-leverage, rather than solely because of what they had been spending on players in recent years being irresponsibly high for that club at all times.

[AA23Northbank]

Honestly thought this was about the city of Liverpool in general, not the club!!

LOL

It looks like Rafa really left the club in shit shape. Kind of disgusting really. To me it looks like a lack of professional integrity; RB doing whatever he could to keep his job a little longer at the expensive of the club's long term viability.

Imo it's a combination of the Yanks' leveraging a load of debt on the club through the takeover and lending too much money to Rafa to spend, and Rafa making bad buys. Everyone is culprable and Rafa isn't as good in the transfer market or as good a manager as the scousers made him out to be. He left Valencia in a pretty poor financial state when he left them to come to Anfield as well

Precisely. The idea that its solely down to what was spent on players - and there in is a vindication of our decision to not spend more on players - is not actually accurate at all. Just as the argument that the new stadium is the sole reason we made that decision to not spend more is not accurate either. That is down in large part to the cash flow problems created by not selling Highbury to pay off that stadium debt initially, as originally planned.

Why is it a problem they decided not to sell Highbury and develop it? We've still made good profits from it despite a massive recession, we have a youth system that is starting to produce good, young English players. We have a manager that brings promising players in and turns them into stars (with the exception of Denilson). We're not a club that goes out to break the bank or sign superstars, we create them. I'm happy with the work the board has done; granted, I'm frustrated we didn't sign a keeper but are Liverpool really gonna sell Reina to a rival? Or will Lyon part with their shot stopper unless it is for silly money? I don't want us to be like City paying stupid money for overhyped players (Milner, Greedybayor), I'm fine with the way things are

[SteveO 35]

Hang about this is Liverpool isn't it ?

They can't be to blame surely ? There must be a policeman, journalist or a person of some authority to blame ?

Poor old Victim FC. God pays debts - thanks for the European ban you fuckers. I haven't forgotten and will be personally asking the Administrator if I can be the one to switch the lights out if a buyer can't be found.

Those "glory glory nights" might be some time away.....wonder what Hansen and Lawrensen will have to go all bleary eyed over now

[USMartin]

Honestly thought this was about the city of Liverpool in general, not the club!!

LOL

It looks like Rafa really left the club in shit shape. Kind of disgusting really. To me it looks like a lack of professional integrity; RB doing whatever he could to keep his job a little longer at the expensive of the club's long term viability.

Imo it's a combination of the Yanks' leveraging a load of debt on the club through the takeover and lending too much money to Rafa to spend, and Rafa making bad buys. Everyone is culprable and Rafa isn't as good in the transfer market or as good a manager as the scousers made him out to be. He left Valencia in a pretty poor financial state when he left them to come to Anfield as well

Precisely. The idea that its solely down to what was spent on players - and there in is a vindication of our decision to not spend more on players - is not actually accurate at all. Just as the argument that the new stadium is the sole reason we made that decision to not spend more is not accurate either. That is down in large part to the cash flow problems created by not selling Highbury to pay off that stadium debt initially, as originally planned.

Why is it a problem they decided not to sell Highbury and develop it?

That's actually a very fair question, and the amswer is quite simple - it created a major cash flow problem within the club, and it was concern about the cashflow that led to a number of decisions such as the premature break-up of the Invincibles and the almost across the board (no not that board ) failure to purchase genuinely adequate replacements for most of them as they departed.

But it also led to other bad business decisions as well as footballing decisions - the front-loaded but pathetically low paying sponsorship and equipment deals, the selling of top players for patheitcally low fees, the forntloading of Thierry Henry's final contract to get him to stay one more year, and the Ashley Cole Fiasco, where we paid him 70K just to sign a contract so well could we could sell him when for 60K a week we could have kept him as long as we like, all to save 5K a week. If that isn't symptomatic of a club trying to manage a bad cash flow, what is?

And that's what the re-development directly created - a cash flow nightmare especially for a club whose investors never put their own money into any aspect of the club's operations. The money from Highbury's sale would have paid off our annual debt obligations on the new stadium for 3-4 years and allowed the rest of the money we made during that peiod to be if needed re-invested in the football team as before. The instability in our cash flow not selling Highbury while paying off the stadium debt created had to be re-dressed somehow and I think's its not hard to see how they did it.

I don't want us to be like City paying stupid money for overhyped players (Milner, Greedybayor), I'm fine with the way things are

I don't want us to be like City either - but neither of these is the only choice we have. There was this club called Arsenal that from 1998-2005 showed a bit more ambition still spent considerably less than its closest fiercest and wealthiest rivals but achieved far greater success on the pitch and with far more special players and without risking the long-term survival of the club. We could fancy having a go doing things their way. Seemed to work out pretty well for everyone assocated with that Club. We could choose to do it their way - after all historically they've always done things the right way

[augie]

I cant be bothered to go into this in a big way but i hate liverpool second only to the scum so if they went out of business or relegated i would be delighted.

Going back to the foreign owner issue using liverpool as an example of all foreign ownership is wrong, its one end of the spectrum, i too wouldnt like Arsenal to be in their situation but there is a middle ground whereby this could work and god forbid even maybe get us challenging for trophies again

Bullshit flash.......in case you aint heard AFC would cease to exist if we spend any decent money on a couple of proven quality players, wenger would implode and the world as we know it would crash and burn