Tom Hicks, You are Fooling No One With Your Liverpool Lies!
by YNWA on September 7th, 2009 476 words | 40 comments“You Don’t Know What You’re Doing”
Liverpool co-owner Tom Hicks is adamant that he remains committed to building a new stadium for the club.
The Reds were planning to open a replacement for Anfield in neighbouring Stanley Park, with the new ground designed to have a significantly increased capacity.
But last week Liverpool’s new managing director Christian Purslow admitted the reported £490million project had been put on hold until the end of the global recession.
Hicks has confirmed that is the case and the new stadium will not progress anytime soon, despite the fact that the American is set to receive £450m from the imminent sale of his baseball franchise Texas Rangers.
Management focusHe said in the Liverpool Daily Post: “Rangers and Liverpool are totally separate investments, so there is no connection.
“I do plan to keep a significant participation in the Rangers. We are close to winning our division. I want to finish what we have started.
“Liverpool will obtain stadium financing when the financial market opens back up. We have all of our permits and will be ready when the market is ready.”
Meanwhile, Hicks, who co-owns the Reds with George Gillett, has praised the impact of Purslow since his appointment in June.
He added: “Christian Purslow is working hard. Liverpool’s new management focus is producing great new commercial results that will become known in due time.” (Sky Sports)
Seriously does anyone buy this rubbish? The idea of a club putting something on the back burner until the ‘financial markets open up” is clearly a smokescreen to avoid having to admit the club hasn’t got the money to finance a stadium deal we were assured would take place.
So let me get this straight. Hicks is adamant that he remains committed to the building of a new stadium but offers no concrete deadlines whatsoever, this after a previous deadline had already passed.
Tom Hicks must think we are all fools if he believes we will buy his lies. To use such an open ended undefinable yardstick to attempt to placate the hoardes of fans who are all to aware of what he and his partner in crime George Gillett are all about.
I have never heard such a flimsy attempt to wash ones hands of the issue. To claim that the reason for the delay is that of the world economy whilst simultanesouly gleefully making a mint from the sale of his Baseball franchise is simply laughable.
The fact remains that these two clowns are destined to ruin this club and this latest news and the subsequent cover up are just the latest attempts to mask what is plain for all to see. The two Americans bought the club with a debt, we are saddled with the debt and we are in a very difficult situation and one we will never get out of whilst those two remain at the helm.
YNWA
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anonymous - September 7th, 2009 at 1:29 pm
rubbish
anonymous - September 7th, 2009 at 1:30 pm
sick to death of this man ..y dont he just sell up and move on.. theres got to be someone out there with the cash him and hes partner are making us look more like a second rate team more and more every season .. years ago you never heard abnything about liverpool now its moan moan moan all the time…
anonymous - September 7th, 2009 at 1:31 pm
Sure he maybe selling the Texas Rangers, but how much profit is his? What are the chances that he has loans for that “franchise” to pay off, and will end up with very little cash that he could put into Liverpool. What about Gillett’s sale of his Hockey team? Why did that massive sale result in more transfer cash for Rafa?? I think these guys owe everything to bakns around the world.
anonymous - September 7th, 2009 at 1:39 pm
Get Tom out. Followed by George. Shiek Mo wants Liverpool, just cough up the cash, Shiek.
anonymous - September 7th, 2009 at 1:55 pm
They are here to milk the fans of every penny let alone once of proud we have for LFC.
Dragging us through very public attempts for a sale, reducing transfer budgets by changing policy (to incude existing Team contract Ext), Just to mention their latest in a large collection of financial weak points.
Give us back our club
anonymous - September 7th, 2009 at 2:07 pm
Sounds to me like he’s showing more interest in the Rangers…
anonymous - September 7th, 2009 at 3:54 pm
David Moores bought it.
anonymous - September 7th, 2009 at 4:03 pm
Don’t know what all the fuss is about. Real fans would be getting behind H & G and supporting them. They have invested in the squad and us fans should be grateful for that. As for a new stadium, well it can wait. I’m glad we have got H & G in charge they will lead the club to greatness.
rasone - September 7th, 2009 at 4:10 pm
If you cannot, put your name to the comments don’t bother making them.
Please MR HICKS and MR GILLETT sell up and leave give this club some honour back.
You let your country down!!
anonymous - September 7th, 2009 at 4:13 pm
Ha ha….another retarded dipper with no sense of humour. Always get a rise out of the thieving scallies.
anonymous - September 7th, 2009 at 4:18 pm
Something has got to be done to get these lying yanks out of our great club cant believe moors sold us to them.
anonymous - September 7th, 2009 at 4:21 pm
Hicks & Gillett……You’ll Never Walk Alone. Solidarity!!!
anonymous - September 7th, 2009 at 5:10 pm
y did David Moores turn down DIC FOR THE Yanks. where is his common sense??
anonymous - September 7th, 2009 at 5:11 pm
rasone
shut da f… up!!!
anonymous - September 7th, 2009 at 5:23 pm
they are good for the club they have given rafa millions he just dont know who to buy! why build a ground in a down turn? are you all thick inports and exports are low! you thick twats
usa usa usa usa usa!!!!
Donavan Ried - September 7th, 2009 at 5:27 pm
rasone – September 7th, 2009 at 4:10 pm …….”If you cannot, put your name to the comments don’t bother making them.” Here,Here …..
anonymous - September 7th, 2009 at 5:37 pm
kill that cunt
anonymous - September 7th, 2009 at 6:24 pm
anonymous – September 7th, 2009 at 4:03 pm
Don’t know what all the fuss is about. Real fans would be getting behind H & G and supporting them. They have invested in the squad and us fans should be grateful for that. As for a new stadium, well it can wait. I’m glad we have got H & G in charge they will lead the club to greatness.
NO WONDER YOUR ANNONYMOUS, YOUR AN ARSE,
if you cant see that redneck n mach 3 are killing our club then i think you need a eye test.
anonymous - September 7th, 2009 at 7:13 pm
And you are an illiterate fuckwit.
RaNE - September 7th, 2009 at 7:35 pm
god he is getting old
anonymous - September 7th, 2009 at 9:14 pm
can somebody please supply the email address for hicks or gillett post on this site please
anonymous - September 7th, 2009 at 10:22 pm
rick parry is the proper cunt
he made the recommendation to moores not sell to DIC and let gillet n hicks takeover without due dillengence to save his own job/skin as he new they would appoint their own chief exec
Nevermind hey rick ye twat – glad you got your due rewards pube head i’ll never forgive you for fucking up the tickets on three cup finals in a row u fuckin nob head!!!
However, totally agree with every 1 that Hicks n gillet are also a pair of expletives!!!!
As soon as he used the word ‘franchise’ was enough for my blood to boil!!!
anonymous - September 7th, 2009 at 10:24 pm
Please join the facebook group:
Get Tom Hicks & George Gillett out of LFC
anonymous - September 7th, 2009 at 10:55 pm
the 2 email addresses i know of were pasred on another site they are;- t h i c k s at hicksholdingsdotcom or info at hicksholdingsdotcom removing all spaces and replacing certain words with appropriate symbol
anonymous - September 7th, 2009 at 11:04 pm
Guys, the evidence is there – no transfer money for new players this year – remember Rafa sold to buy and broke even.
Lies about the stadium.
Klinsmanngate………. enough said!
Trying to turn Rafa into a USA style sports coach who has nothing to do with buying players. Idiocy of the highest order.
I could go on, but you get the message. No way should we be supporting these two clowns.
anonymous - September 7th, 2009 at 11:05 pm
bollox sos might as well stay in the pub getting pissed chanting their munich songs (true! check youtube), that bunch of feckin idiots achieve nothing. ooooh lets hand out leaflets on matchdays. even a chimp would know a more hardline approach is needed for these thieving lying fucks, something akin to what happened to that cunt steve cohen and wsd
anonymous - September 7th, 2009 at 11:45 pm
Good luck to the owners they are businessmen trying to run a very expensive business in tough times. It was clever of them to leverage the debt onto the club in the first place, effectively allowing them to purchase without spending a cent. As franchises go Liverpool are well positioned but debt-ridden. I can see a big asset strip before things get any better, and as for a new stadium, it will be well into next decade before it is possible. Resistance is futile, football is business now….pre-season tours, 39th game proposal, 100k a week players, £100’s of millions spent, merchandise, match tickets, SKY TV.
anonymous - September 8th, 2009 at 12:30 am
they may be astute businessmen and as you say clever in how they actually bought the club (i would say criminal) but if you are right in what you say that the raping thieving redneck yankees will strip assets (sell star players) then it is proof (if you needed it) that they do not understand football in this country and even moreso the fans and people of liverpool, if this happens they should run and hide because mark my words “somebody WILL get to them. as i write they (hicks and gillett) know that coming to liverpool is more than risky from a personal safety point of view, if they screw us anymore i believe that they should seriously fear for their wellbeing, even accross the pond as there are a lot of extremely pissed off people. As has already been well documented all over the web “THERE IS A STORM BREWING” and its headed hicks and gillets way
anonymous - September 8th, 2009 at 8:15 am
WE NEED TO PUT PRESSURE ON THE CHEAP AMERICAN OWNERS!
WE NEED TO START TO ACT NOW, DO WHATEVER NECESSARY TO GET RID OF THE TWO BASTARDS! START CHANTING AND DISPLAY BANNERS SAYING, “THE YANKS MUST OUT!”
KOPITES UNITE!
anonymous - September 8th, 2009 at 9:53 am
comment at 8.15am;- with all due respect chanting and banners (even tho they should continue) are even less effective than spirit of shankly`s leaflet campaign, look around on matchday, the leaflets just get thrown away, sos want a tenner off you, for what? more beer on matchday no doubt. 1st course of action at the very least should be a pitch invasion at half time and a “sit in”, bollox to holding a game up, we gotta look at the big picture. every single person should use the email addresses that i posted on here, if you look hard enough other email addresses can be found, just be careful when it comes to blatant personal threats of violence, choose your words carefully, even if it all it is doing is causing a bit of hassle, it needs to be a concerted and continuos effort because these criminals will not go quietly, there`s too many fellow reds who are just prepared to munch on crisps and watch the game, to all those just content to do nothing or think “oh it`ll be ok, other people are doing stuff”, get your heads out of the sand, we are already in a critical situation, can anyone imagine the consequences of the real possibility that we finish out of the top 4 this season, i don`t need to tell you of the implications but that scenario really could be the beginning of the end. fellow reds it is with regret that i must inform you that we are now officially at war with hicks, gillett and their puppet purslow, there are no rules or lines in the sand, they cannot be trusted, they are screwing us, our club and our history and they do this without conscience and with a smile on their faces. THEY WILL NOT DEFEAT US! WE WILL NEVER GIVE IN! WE ARE INVINCIBLE! WE ARE LIVERPOOL!
anonymous - September 8th, 2009 at 10:06 am
DONT BLAME THE AMERICANS(FULLY),I BLAME THE PREVIOUS MANAGMENT.
MOORES & CO SHOULD BE BANNED FROM ENTERING ANFIELD
THE AMERICANS ARE MONEY HUNGRY AND LOOKED AT A BUSINESS PROSPECTS,NOW THE ANFIELD FAITHFULL ARE SUFFERING.
WHAT A JOKE……YANKS PLS DO THE RIGHT THING AN SELL UP
HICKS SEEMS MORE APPROACHABLE THAN GILLET
anonymous - September 8th, 2009 at 11:00 am
It takes a big man to admit that he has got it wrong.
Hicks be that man instead of the ignorant man you are at the moment and sell Liverpool to someone who realy cares.
And Gillett please can you do the same.
You are both killing something that is dear to millions of peoples hearts.
anonymous - September 8th, 2009 at 1:02 pm
Whilst I don’t like what H&G have done since taking over the club, one really muct look at what their motives have been from the off. They are (relatively) successful business men in their own rights and enjoy the fame and notoriety that comes with major sports franchise ownership. They saw what the Glaziers had done with ManUre and decided that they too could have a piece of that action. Their intent, in a low cost debt environment was always to leverage the assets of the club to finance the acquisition on the premise that with a little tinkering and the next global TV deal, they could sell out and make a mint.
Remember also, that these two gents are from the land that brought us well know phrases like “Greed is Good ” and “All’s fair in Love and Business”, they have no sentiment with regards to the club, it is merely another franchise they have managed to acquire. Blame? Well surely blame needs to be apportioned to Moores and Parry, for not doing sufficient due diligence checks on the pair, but also for believing that because we understand the culture of America that we could believe what they were saying and trust them.
As for the stadium? Thats not going to happen until the banks start lending to the same sort of multiples they were before. A business, like LFC, would have looked to try and borrow between 5 & 7 times EBITDA at the height of the boom, and currently we’re borrowing just under 5. To put this into plain language, it’s like how may times your earnings you’ve borrowed for your mortgage. We all accept that 3.5 – 4 x earnings is about the maximum you should safely borrow…. and the banks now agree, hence why H&G needed to pay down £60 of debt as part of the re-financing package. H&G are savvy enough to know that you don’t invest in ‘Soccer Fanchises’ with your own money and so the staduim plans are on hold until banks are daft enough to raise their earnings multipliers for debt facilities.
At the moment, H&G are unpopular with a proportion of the fans that support their Franchise. Unpopular, maybe, but those same people continue to buy the products and services that means the revenue still pours in. Whilst the club are able to service the debt H&G have placed on it, the company will remain solvent and they will know they can just ride out the storm. If we want to get them out, then we have to do things far more drastic than a little pitch invasion or some dissquiet. But the answer is what can we do? The majority of revenue to the club does not come from ticket sales, but from those armchair fans some love to loathe – it’s the domestic and international TV rights that bring in the dosh, so all that can be done by mere fans is to jeapordise this TV money. Cancel Sky subscriptions, dissrupt live games, make the TV audiences not want to watch the premier league…. but we all know that kind of mass mobilisation isn’t going to happen. So the best we can do is “put up” with the management of H&G, hope that the recession ends soon and they can obtain the funds they need to invest in the club…. then they can “do one”, but not before extracting their own piece of the pie.
anonymous - September 8th, 2009 at 1:17 pm
The worrying thing is the amount of investment in other teams – if we ever dropped out of the top 4 for one season it would be curtains for everyone.
anonymous - September 8th, 2009 at 1:27 pm
Oh yeah… for sure. If we dropped out of the top 4 or failed to qualify for the Champions League…. then we would almost certainly do a “Leeds”. Take last year for instance. LFC made a profit of only £10mil (which included the sale of Keane to Spurs for £12m), so effectively at the operating level we broke even/small loss. Within that, we raked in c£40mil from EuFa Champions League in getting to the Semi’s. Our interest payments on the funding debt were £36mil. Failing to qualify for the Champions Leage means there would be a hole in the funding to the tune of £40mil which would need to be made up. First off would be to look to debt fund the working capital shortfall, if the funding was available (it likely would on the summation we would likely qualify for the CL again the next season). If that didn’t happen, or we failed a second year, then we would start liquidating assets to cover the operating shortfall – selling your saleable players. We’ve seen this happen so many times… Leeds, West Ham, Portsmouth, Newcastle. Next would be a firesale of the club with all it’s debts, and if that failed then insolvency and a slip down the leagues. The tv money that comes from the CL is so vital to all the current top 4, not having it for more than 1 season is almost unthinkable…..
…. But on a lighter note, at least the sun is shining
)
Gary (aka “The Bean Counter”)
Lincoln burrows - September 8th, 2009 at 1:39 pm
Oi The Bean Counter… if you have a name then why be anonymous?
I agree with you on the whole CL thing and the debt… but ManU are in the same boat…. one of us will sink and I just hope it’s not Liverpool as I love them very much and I could deal with the thought of hiding in a pub carpark listening to League 1 football on a Saturday.
To cheer myself up now I will start to grow a beard…. ok I’ve started. Hopefully Donavan Ried will approve and not feel I’m stepping on his whole “I’m the ginger beard on this site” thing…. well I can’t as I’m not ginger but I will have a beard very shortly. I’ll keep you all updated.
rasone - September 8th, 2009 at 1:45 pm
anonymous – September 7th, 2009 at 4:13 pm
To the above sorry for my post
forgot your to thick to write your own name.
Retards only have to mark papers with a cross don’t they
John Conor - September 8th, 2009 at 1:48 pm
you are a total light weight rasone…. an absolute weed
anonymous - September 8th, 2009 at 4:21 pm
get rid of him
anonymous - September 9th, 2009 at 7:26 am
im a south african supporter of lfc.. dont know to much about the americans, but it all does sound abit dodgy, obviously there is a problem,,with money but rafa sould have done beter with the 20mill or so that he had, real madrid had some top class dutchmen for sale, they wanted alonso we could of got so much more.. i dont even know agualani the italian, i think the italians suck i dont even know any in the EPL.anyway il hope for a good season,last was brilliant cheers ppl from clinton