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| Yanks Out! |
The duo allowed the Rhone Group's £110 million offer for a 40% stake in the club to pass the Monday deadline for acceptance.
"There's nothing imminent," said one of them.
Tom Hicks, in particular, was unwilling to accept the deal as he would have made no money on the deal.
Rothchilds and Merryl Lynch are the two banking operations retained by Hicks and Gillette to oversee their futures at Liverpool, futures I hope they do not have.
RBS have repeatedly stated that they want a payment of £100 million before July from the club, before they consider a new refinancing deal.
It has now emerged that RBS may not pursue that £100 million payment.
It appears that Hicks and Gillette want to go it alone without a new investor brought in.
They want the bank to refinance the £237 million existing debt that they put on Liverpool football club when they bought it.
This is simply a delaying tactic by the hated Yanks as they have run out of options and potential investors who are unwilling to pump money into our debt-ridden club without having a proper stake in the club.
Refinaning will cost the club much more in fees and interest payments and will seriously reduce our transfer kitty in the summer.
What did we do to get these two buffoons at our club?
Great to see Man Utd crash out of the Champion's League tonight!

It looks like were stuck with them REDMEN.
ReplyDeleteUnless RBS grow a backbone and tell them to put £100 million into there coffers or THEY will seel LFC.
Torres,gerrard,Masch,Reina,Johnson and agger could leave.
WE ARE IN THE **** !!!
Well said Neil.
ReplyDeleteWe have got to get rid of these conmen
Yes, i agree we deserve much better than this 2 idiots and don't forget RBS who is hell bent on abetting them with public money.
ReplyDeleteHowever please do not forget the REAL culprit who REALLY got us into this mess, please stand up Mr. Parry and Mr. Moore. Please reserve some of our scorn for this 2 idiots as well. Oh, and please don't forget that Spaniard who is very attach to a certain part time football playing Brazilian.
I'm sick of being inside this two-so not funny-clowns' roller coaster.
ReplyDeleteThe 50-50 stake between them was always the stumbling block from the very beginning, I think. It is the case of "one party wants to do something and the other always drag him back". Is there any chance in any business law to shoot them down?
YNWA!
Well said - We need rid of them
ReplyDelete