LFC: We've spent £20 Million this summer

Surprised nobody picked up on this from the Times yesterday.

Christian Purslow, LFC's new Managing Director hired earlier this summer by the club's owners.

“We’ve spent pretty much the same as we’ve spent every year over the past four or five years.

 “We’ve spent about £20 million more than we’ve generated, which is what we expected. We’ve bought players the manager wanted to buy and sold players the manager wanted to sell and it has cost us almost to the penny what we expected it to cost.

“In fact, some of our competitors haven’t spent any money and we have. Spending isn’t the panacea everyone thinks it is, but we’ve spent £20 million and that’s real money. There are lots of costs associated with buying players and extending players that all go into transfer funds.”

 

I'm at a loss to understand what calculator they have been using at Anfield.

Anybody like to try and cook the figures and work out how Benitez has spent £20 Million?

Maybe he thinks paying off debts is spending money?

Must think we're all F***ing stupid!

Read this a while ago, chose to not post otherwise i could of been accused of inciting violence.

Surprised nobody picked up on this from the Times yesterday.

Christian Purslow, LFC's new Managing Director hired earlier this summer by the club's owners.

“We’ve spent pretty much the same as we’ve spent every year over the past four or five years.

 “We’ve spent about £20 million more than we’ve generated, which is what we expected. We’ve bought players the manager wanted to buy and sold players the manager wanted to sell and it has cost us almost to the penny what we expected it to cost.

“In fact, some of our competitors haven’t spent any money and we have. Spending isn’t the panacea everyone thinks it is, but we’ve spent £20 million and that’s real money. There are lots of costs associated with buying players and extending players that all go into transfer funds.”

 

I'm at a loss to understand what calculator they have been using at Anfield.

Anybody like to try and cook the figures and work out how Benitez has spent £20 Million?

I suppose some of the player sales must have been used to refinance the loan. I know Rafa was apparently promised every penny he earned from player sales but we can't believe everything these Yanks say after all. I'm sure RBS wanted some proof that we could could come up with the money needed to pay back the installments.

I put it in the transfer speculation this morning, it is an outrageous claim and Purslow would want to be very careful the avenue he pursues. The Americans mightn't give a sh#t because they are over in American but he is here and attends all the games. Many more statements like that and he might find himself becoming the focus for the fans anger.

The yanks have spent £20 million on burgers.

Does the yanks and this Purslow dude think we are all F***ing stupid?

The figures are plain for all of us to calculate ourselves, we needn't hear a word that comes out of these cu*ts again because that's what they are. Purslow - so what if you have a season ticket, I see it as you are another face for the Yanks to take advantage of every dire situation we fall into.

I think he's including the money spent on renewing contracts as well as transfer money.

Well come on, lets see an official document stating the 'ins and outs' of the clubs finances. Somehow i dont think we will. Full of sh*te, just another tool of the yanks, and nothing else!

I wish he would spare us the embarresment of hearing him speak

I think he's including the money spent on renewing contracts as well as transfer money.

Good shout that.

I think he's including the money spent on renewing contracts as well as transfer money.

Maybe he's included the full five year cost of Fernando Torres' contract or Glen Johnson's contract. But that's nonsense - that isn't paid up front - it's paid every week from the club's operating income.

Bad move by Purslow trying to take the piss out of the fans.

Rick Parry might have been a clown but I have a feeling he had the abiity to count.

Anybody like to try and cook the figures and work out how Benitez has spent £20 Million?

Right, here we go:

In: Total = £37.5M

Out: Total = £51.5 Million

Add to those figures, a brown nose, ass sucking, yankee loving, ass-hole managing director, Christian Purslow (who's surname says it all btw) then take away all credibility and you're left with an overall 'spend' of £20m - simple really.  

The Keane money has obviously vanished into thin air.

Transfers for the 2009-2010 season    

In  Date  Player  From  Amount
 26.06.2009   Glen Johnson   Portsmouth   £17,500,000  
 07.08.2009   Alberto Aquilani   AS Roma   £17,100,000  
 21.08.2009   Sotirios Kyrgiakos   AEK Athens   £2,000,000  


Out  Date  Player  To  Amount
 30.06.2009   Paul Anderson   Nottm For   £250,000  
 01.07.2009   Sebastian Leto   Panathinaikos   £3,000,000  
 01.07.2009   Miki Roque   Unknown   Free  
 30.07.2009   Álvaro Arbeloa   Real Madrid   £3,500,000  
 05.08.2009   Xabi Alonso   Real Madrid   £30,000,000  

From that we've spent 36.6 million and brought in 36.75 million. So I can't find anyway that we've spent an extra 20 mill than we've brought it.

Maybe he's included the full five year cost of Fernando Torres' contract or Glen Johnson's contract. But that's nonsense - that isn't paid up front - it's paid every week from the club's operating income.

Bad move by Purslow trying to take the piss out of the fans.

Rick Parry might have been a clown but I have a feeling he had the abiity to count.

What added to it was the way he said it as well. He looked all F***ing smug, like 'we're right and you are wrong'.

Maybe the owners spent it on viagra and hookers. Because Rafa certainly didn't.

Where's Parry when you need him?

He sickened me as well the other day at the Champions League Draw when he was asked would there be any transfer dealings before the Tuesday deadline. He sniggered at the question and said don't bank on it. He is smarmy he actually reminds me of a politician. I've no trust in him any appointment by the Americans is not a benefit to the club but a benefit for them. To be honest I want him out already.

What's with this Purslow once having a season ticket and being a passionate and true Red.

All total bollocks cooked up by the yanks who employed another Rick in disguise. I actually have a suspicion Rick is still somewhere lurking around the club because there hasn't been any official annoucement at the end of the season that he's out, has it?

Maybe this "£20 million" has been used to bid for Villa or Silva and that the deal is going to be confirmed on deadline day?

No, not really.

Maybe this "£20 million" has been used to bid for Villa or Silva and that the deal is going to be confirmed on deadline day?

No, not really.

Maybe  :

For some one has his own Equity buisness purslow is not very good at basic mathmatics, the only thing I can assume we have spent 20 million from in his statement is this "There are lots of costs associated with buying players and extending players that all go into transfer funds.”, but I'm still not stupid enough to believe that has cost us 20 million, correct me if I'm wrong and I am stupid ?

For some one has his own Equity buisness purslow is not very good at basic mathmatics, the only thing I can assume we have spent 20 million from in his statement is this "There are lots of costs associated with buying players and extending players that all go into transfer funds.”, but I'm still not stupid enough to believe that has cost us 20 million, correct me if I'm wrong and I am stupid ?

And there is lots of bullshit associated with LFC and their boardroom staff that all go into one big pile of GTFO OF OUR CLUB!!

When will they next be at a match I for one ticket or not would like to go along and protest. I am really pissed off with the lies that come out of Anfield now I dont know how Rafa puts up with it.

Don't treat us like fools purslow , the finance situation at this club is a joke , if we finish outside the top four the s**t will really hit the fan, wlll it be torres sold off to pay the intrest payments off at the end of the season and we will just be a top ten side scrapping for that fourth place  .

F***ing bullshit. That's all i can say. F***ing bullshit. c**t f**ker's

^ What he said.

We've always been the greatest supporters in the world, sticking behind our team in thick and thin. This is surely thin, and sticking behind our team in the stadium is what we must do. Yet, I say let's egg the vip box for failing us. cunting management we got ourselves nay?

That is bollocks, really would like to see where this figure came from 

That is bollocks, really would like to see where this figure came from 

I think contracts are being tallied in to this. Surely, because we have no where near spent 20m.

Good joke, purslow  :

Pruslow's talking out his arse. F***ing c**t.

A statement from a YES man if ever i have seen one.Bull*hit.

I think he's including the money spent on renewing contracts as well as transfer money.

Makes sense to me.

Thinking about Torres, for example, he signed an improved contract for around an extra £15,000 per week for the next four years.

£15,000 X 52 X 4 = £3,120,000

Now Torres wasn't the only player to sign better (higher paid) contracts over the summer, several of our key players were the subject of pay rises, of a more or less important value.

I agree that these pay rises should not be paid for out of the transfer fund, but Purslow himself said "There are lots of costs associated with buying players and extending players that all go into transfer funds.” For him, and therefore the owners, they count the cost of extending contracts this way.

So I guess this is their way of say the transfer kitty of £15-20 million was there. :

We have all missed the most important expenditures - the 'Featheringthenest Tax', the 'Payingoffcreditorstokeep yourheadabovewater Fee', the 'Payformeandmyfriendstoje tallovertheworld Tariff' and the 'Robthisclubblindbecausey ankeesportsaremoreimprta nttoyou embezzlement charge'


 

Right; big deep breath:

Let's pretend that this F**k-nugget Purslow isn't trying to make cu*ts out of us. Let's pretend that the smarmy, sh*te-hawk isn't treating us like retards. Let's pretend that we have spent £20m this transfer window and let's pretend we don't know that Purslow is the Yanks bi*ch. Hell we'll even set aside the fact that this ass-licking, toady reckons that we've all got the mathematical acumen of a pre-school 4 year old.

What in the name of sweet F**k was Rafa supposed to do with twenty F***ing million?

If, as this smug f**ker suggests, he knows that "There are lots of costs associated with buying players and extending players that all go into transfer funds" - it must then follow that he knew there was, in effect, no extra money made available to Rafa.

The smugness of the bloke and the way he smirked at the CL draw, when asked about transfers, proves to me that this w*nk-stain does not give one flyingfuck about the Reds. I hate people trying to make a c**t out of me and if i was able to meet Mr. Purslow i'd shove his 'season ticket' so far up his hole, he'd be chewing it. c**t.

£20m isn't exactly good enough, IMO. When we are trying to make the final push for the title, we have bought 2 players, and sold two players. We needed to spend more than just £20m to build up a squad with more strength in depth.

£20m sounds like a lot of money, but not when we've needed to buy a new midfielder and a new right back, and we should have had money to buy a new winger and another striker.

So let's pretend that they have actually spent £20m this summer (which as JD pointed out in another thread, they haven't), it still isn't enough for what we are trying to achieve, with the resources that we already have at hand.

£20m isn't exactly good enough, IMO. When we are trying to make the final push for the title, we have bought 2 players, and sold two players. We needed to spend more than just £20m to build up a squad with more strength in depth.

£20m sounds like a lot of money, but not when we've needed to buy a new midfielder and a new right back, and we should have had money to buy a new winger and another striker.

So let's pretend that they have actually spent £20m this summer (which as JD pointed out in another thread, they haven't), it still isn't enough for what we are trying to achieve, with the resources that we already have at hand.

Exactly. The only signings we have made have been to replace those who chose to leave. In no way have we improved the squad - we have been cornered into making reinforcements.

Pathetic.

From that we've spent 36.6 million and brought in 36.75 million. So I can't find anyway that we've spent an extra 20 mill than we've brought it.

don't forget we didn't have to pay portsmouth the full amount as they still owed us a stack of cash for crouch!!

His figures must come from whats coming in, in installments, we all know by the actual figures how much we have, when you take the outgoing and add the incoming we are 14mill to the good, yet with this guys accountancy degree he knows ways of cooking the books to make them look anyway he wants to make them look. He works for Hicks & Gillett and he's their mouthpiece.....

The thing is that no matter what contracts are renewed or wot the F**k , ive never heard it quoted before when fans are wanting to know where all the transfer funds are. If youre told youve got 40m to spend on players you expect to have 40m , not be told there are other expenses to take into account, bollocks.. there always has been, so why is it any different now. Slimy yank cock sucking c**t.

The thing is that no matter what contracts are renewed or wot the f**k , ive never heard it quoted before when fans are wanting to know where all the transfer funds are. If youre told youve got 40m to spend on players you expect to have 40m , not be told there are other expenses to take into account, bollocks.. there always has been, so why is it any different now. Slimy yank cock sucking c**t.

Top post mate.JD quite rightly pointed out earlier,that money for contract extensions should come out of Operating Revenues and not Capital expenditure, which is what transfers are.The man Purslow needs to understand that were not f*cking morons, he needs to get his head out of the Yanks arses and start working with Rafa for the benefit of our club otherwise he will get the same abuse as Crusty.

Maybe that's what got Rafa annoyed the other week, the goal posts were moved to excuse themselves from having to dip in their pockets when he needed more money.

Also heard over the weekend, though can't find anything to confirm it, that Torres, Masch and Pepe could all be for the chop next year to raise funds for the debt.  Apparently if we fail to qualify for the CL players will have to be sold.

Can't they see that if they don't invest they won't get any return.  Or at least that's how real business works.

Kind of off topic but I also heard that Purslow headed up some sort of consortium bid to buy the Club in 2005.  Again I've searched the net but can't find anything to back this up.  Anyone else heard this?

are we seeing a'GHOST" of parry in the new boy purslow
 
ffs  what the f*ck he and his clowns employers think we are ,dumb

are we seeing a'GHOST" of parry in the new boy purslow
 
ffs  what the f*ck he and his clowns employers think we are ,dumb

Can't really be surprised.

With the departure of Parry, the Yanks were free to bring in whoever they wanted as his replacement. We'd be truly mistaken if we believed he was going to act independantly in the best interests of the club.

He's their "yes man", nothing more. Very sad to say, but we should probably take what he says with a pinch of salt. IMO he's only going to try to put a positive spin on every bit of bad business they do.

I worry about Rafa. He come here to do a job and compete with Utd Arsenal and Chelsea, how can he with one hand tied behind his back. We are now further away from winning the league than ever about as far away as a new stadium. This must be like De ja vu for Rafa and we know what happens next.

I worry about Rafa. He come here to do a job and compete with Utd Arsenal and Chelsea, how can he with one hand tied behind his back. We are now further away from winning the league than ever about as far away as a new stadium. This must be like De ja vu for Rafa and we know what happens next.

A very good point, but all credit to Rafa who hasn't stopped fighting to get as much control as he can out of the situation.

If he wasn't such a scrapper I'd say the owners would have left him looking like this:

He'd have to buy that rope himself, too :

He'd have to buy that rope himself, too :

After selling a player, of course :

Sounds like he is the UK puppet for those two fat bas**rds.

Massive thumbs up for the suggestion of egging them next time they fly over on club expenses. DOOOOOO IT!

Is it true we didn't pay the full fee up front for Aquilani anyway? I heard that it was only £5m up front and the rest is over a number of years in instalments??

Purslow is the new company man.

He who pays his salary makes the rules.

From times of despair, can come the GREATEST VICTORIES, read that somewhere recently and it sounds good.. and you never know. If any club can bring something out of the mess were in its US. Fight on Redmen, and never give in to these tw*ts.

Double edged sword success. If we succeed they will make more money and steal more money. If we fail they will spend even less and put Rafa under even more pressure.

Maybe they meant 'We've spent £20 million this summer on Silva'.

No?

Lots of contract extensions. All costs a lot of money.

But still not sure what he's trying to say here, and whether or not Rafa had a transfer budget or not.

Sounds like he is the UK puppet for those two fat bas**rds.

Massive thumbs up for the suggestion of egging them next time they fly over on club expenses. DOOOOOO IT!

Is it true we didn't pay the full fee up front for Aquilani anyway? I heard that it was only £5m up front and the rest is over a number of years in instalments??

It is true.  Roma posted the details of the fee on their site.

- 4 cash instalments of
- - 5 million EURO upfront
- - 3 million EURO by 4th January 2010
- - 7 million EURO by June 30th 2010
- - 5 million EURO by June 30th 2011.

Further Add ons include:

- 300,000 EURO for every year Liverpool qualify for the Champions League from 2010/11 to 2014/15
- 250,000 EURO everytime the player reaches 35 appearancs, 70 appearances, 105 appeances and then 140 appearances.
- 1 million EURO the first time Liverpool either wins the Premier League or Champions League by 30 June 2014.
- 5% of any future transfer fee will be paid to Roma.