Liverpool agrees bank deal debt

Discussion in 'Liverpool FC' started by Colonel Ronan, Jul 27, 2009.

  1. Colonel Ronan

    Colonel Ronan Continue...?

    Joined:
    Jul 14, 2007
    Messages:
    19,410
    Likes Received:
    169
    Trophy Points:
    63
    Occupation:
    Control Center analyst
    Location:
    Reading, UK
    Read more...
     
  2. Colonel Ronan

    Colonel Ronan Continue...?

    Joined:
    Jul 14, 2007
    Messages:
    19,410
    Likes Received:
    169
    Trophy Points:
    63
    Occupation:
    Control Center analyst
    Location:
    Reading, UK
    All this debt is bad... I wonder if there are any English clubs that are actually debt free? City?
     
  3. hielo español

    hielo español Welcome aboard Dre

    Joined:
    Jul 26, 2009
    Messages:
    254
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Liverpool, England
    I'm not getting worked up over this. We are well within our means to deal with this and G&H need the club to be succesful to turn a bigger profit and reach their projections so this idea we are going to sell everyone is ridiculous.

    You don't destroy your "product" to make money.
     
  4. Colonel Ronan

    Colonel Ronan Continue...?

    Joined:
    Jul 14, 2007
    Messages:
    19,410
    Likes Received:
    169
    Trophy Points:
    63
    Occupation:
    Control Center analyst
    Location:
    Reading, UK
    Of course it isn't anything to worry about--It's when clubs ignore the debt and let is accumulate while pumping more money into the club. Most of the big owners will buy out a club and put all of their debt into the team from their companies which is why Fifa and the FA are freaking out about all these clubs getting bought out.

    I almost feel like this "recession" is good news for football. Once it finally hits the sport (and it will!), the market will drastically drop and players won't be leaving their clubs for absurd prices.
     

Share This Page