Ronaldo gone Liverpool nearly bust

[TSR2]

Well Ronaldo has been sold for 80 Million quid, shame (to Real Madrid)

And Liverpool is nearly bankrupt

The Pools auditors stated that it,s 350 million debt , "there is material uncertainty which may cast that there is significant dought that the club can continue as a going concern !!

In other words they are bust

from Moneymorning

[The Fresh Prince]

There's nothing about Liverpool on the Premier League site.

[TSR2]

^
Would you expect them to state such a thing,

[The Fresh Prince]

Nah, but I'd expect a leak then maybe a sensational head line.

[The Fresh Prince]

Just found this. It must be true, its in the Sun!

By MARTIN BLACKBURN
Published: 05 Jun 2009
The Sun Newspaper



LIVERPOOL were facing financial meltdown last night.

The club's accountants issued a chilling statement admitting there is 'significant doubt' whether the company which runs the Merseysiders can 'continue as a going concern'.
Liverpool's parent company Kop Football (Holdings) Ltd, run by American duo George Gillett and Tom Hicks, made a £42.6million loss last year.
Around £36.5m of that is interest payments on the whopping £350m loan they took out to refinance the club.
A top City analyst said: "Unless the owners find more money, the club is facing financial meltdown. Not only are the figures bleak, the future is gloomy too.
"The more you read through the accounts, the more transparent it is that the owners don't have the resources to meet the targets they've set for next year either.
"Everyone associated with Liverpool should be deeply concerned by this set of figures."
The devastating news will intensify calls from fans for the US pair to sell up.
As things stand, any profits being made on the pitch are being swallowed up by the crippling repayments on the loan.
The disastrous figures not only place the club's future in jeopardy, they also have serious side-effects for boss Rafa Benitez. The scale of the financial woes casts a huge question-mark over whether Benitez will have any significant money to spend this summer.
He has already been 'blown out of the water' by Manchester City in the race for long-term target Gareth Barry this week.
Other big-money targets, like David Silva, Glen Johnson and even Carlos Tevez, look unlikely to materialise this summer.
The club's accountants, KPMG, outlined their concerns by saying: "The group has credit facilities amounting to £350m, which expire on 24 July 2009.
"The directors have initiated negotiations to secure the replacement finance required by the group and these negotiations are ongoing.
"These conditions... indicate the existence of a material uncertainty which may cast significant doubt on the group's and parent company's ability to continue as a going concern."
Sources close to Gillett and Hicks last night said they re- mained confident of securing the refinancing deal and are also still in talks with possible investors.
But only in April the Hicks Sports Group defaulted on repaying loans totalling £354m for his other sports ventures in the States.
Before the Americans' £219m takeover in 2007, Liverpool were close to a deal with Arab investors Dubai International Capital.
Then, in January this year, Kuwaiti billionaire Nasser Al-Kharafi offered £425m for overall control.
But the Americans only want to sell 50 per cent and hopes of a deal collapsed.

[TSR2]

Well it was a statement from L/Pools Auditors last week

We will see.although the 2 American qwners have been falling out over the last season about money

[Moonraker]

It's hardly news that Liverpool are in trouble, they just seem to be ignoring it.

Try talking to a liverpool fan about it. I did last night and within minutes of mentioning the fact that they could soon be going under the conversation switched top Torres.

When I pushed I got the response "It'll never happen to us........ One of the big four are gonna come a cropper if they take that attitude.

[TSR2]

FP well spotted !!

[melvbot]

Man United have proved time and time again under whiskey nose that they arent a one man team and no player is bigger than the team.

If Real Madrid didnt have Perez at the top again I think he'd still be at Man Yoo. £80mil from someone who can only rival you in the champions league is very good business.

[somtamslap]

Nevermind all that!

80 million quid?

For a person?

Who kicks a piece of leather around?



I'd give the Portuguese twat a fiver.

[TSR2]

Man United have proved time and time again under whiskey nose that they arent a one man team and no player is bigger than the team.

Totally agree . just look at who yer man has booted out over the years

Still I will miss Ronaldos skills

[TSR2]

I'd give the Portuguese twat a fiver

Mean cnut, can,t you go to a tenner!

[somtamslap]

Mean cnut, can,t you go to a tenner!

No chance, I'm saving the other fiver for that argie from barcelona.

[melvbot]

Totally agree . just look at who yer man has booted out over the years

Still I will miss Ronaldos skills

I won't miss them as Im not a Man U supporter.

[EmperorTud]

Fergie is a master at shifting players on just after they have peaked. Think Keane, Van Nis, Beckham etc.

I think they got their best season out of Ronaldo in 2007/08.

As regards Liverpool, they are merely reaping what they have sown as regards to modern football as a business.
You can't moan about the country losing an institution like LFC when they have sold their soul to the Devil.

It is hard to feel sad whichever way you look at it, whether you are a supporter or hate them with a passion, football no longer cares about nor represents the man on the street, clubs like Liverpool and Manchester United cater to a fan base on a different continent, and money buys success.

[TSR2]

I won't miss them as Im not a Man U supporter.

Is that a backhanded compliment ? re his skills

[melvbot]

Is that a backhanded compliment ? re his skills

Nope. I think he's overrated. He seems fine against teams like Bolton but I cant remember him doing very well against bigger teams very often.

[ItsRobsLife]

Ronaldo will be earning at least £200,000 a week at Real Madrid.

[TSR2]

Ronaldo will be earning at least £200,000 a week at Real Madrid.

Its bloody crazy, given the present financial problems around the world, it seems that some clubs are immune from it,

Setanta, the Irish Sports provider is nearly bust , which will have a knock on effect on some clubs finances,

Somethings got to give

[pompeybloke]

Ronaldo will be earning at least £200,000 a week at Real Madrid.

Ludicrous it all is too. Nice show pony, decent player but nothing special. Pace has been his best weapon but his mid-twenties means a slowing and Fergie's done the shrewd thing......again! 80 mil, ta. Never will be remembered by the average sports fan as other than a moaner, faker, diver and brat; wink at the ref when he got Roonie sent off, Engeeeerlaaand-Portuagl q/f last worl cup.

Anyway. Messi's the best player on the planet, closely followed by Kaka, and Peter Crouch of course

[reinvented]

chelsea are in hock to abramovitch for about a billion
utd's debts are over 650 million
real are a state sponserd enterprise

liverpools owners have refinanced
football journo silly season is all
cant see it going the way of leeds

[Loy Toy]

I suppose now Rooney and Ronaldo can go back to hating each other.

All that poofter hugging and kissing can now stop and they can go back to kicking the shit out of each other like the overpaid thugs they are.

[crazy dog]

So who will Man U be after to replace the boy wonder? they have looked ordinary when they have played without him and Rooney.

[English Noodles]

Ronaldos agent will be making about 8 million pounds from the deal.

Lucky fucker.

[TSR2]

Lucky fucker.

Clever Fucker !