Debts continue to rise - £473m (LFC Accounts 2008/09)

Fair's fair.
My feelings on lots of football issues have sobered however during these bleak times and I think it would be great to share a stadium with Everton - bring both the clubs (not a bad thing IMO) and the city together, as well as saving both £Ms and making us much more attractive to potential investors.

I look on Everton as an older brother. Growing up, I always competed extra hard against him, and tried my damndest to outdo all of his sporting/academic achievements etc. But when said and done, I lloved and respected my brother and only wanted the best for him. That is genuinely how I look on Everton - poles apart from Utd etc.
But, I guess in this PL/SKY era, I am in a thinning minority

Fairs-fair mate, your views are respected. And thinning minority or not, we are still all wanting the same thing at the end of the day - Liverpool FC to be great.

Anyways, If you want to continue to talk about this, there is a thread here: http://www.lfcreds.com/reds/index.php?topic=6629.0

Fair's fair.
My feelings on lots of football issues have sobered however during these bleak times and I think it would be great to share a stadium with Everton - bring both the clubs (not a bad thing IMO) and the city together, as well as saving both £Ms and making us much more attractive to potential investors.

I look on Everton as an older brother. Growing up, I always competed extra hard against him, and tried my damndest to outdo all of his sporting/academic achievements etc. But when said and done, I lloved and respected my brother and only wanted the best for him. That is genuinely how I look on Everton - poles apart from Utd etc.
But, I guess in this PL/SKY era, I am in a thinning minority

For me the idea of sharing a ground with Everton is repulsive,I well remember the days when Liverpool and Everton fans would go to Anfield Or Goodison depending on who was playing at home.The banter before during and after the match was brilliant but we had our seperate football homes to go to and it has been that way since 1892.If we were to share a ground it would be like losing part of our identity.Also if we were to share a ground would the seats be disinfected after Everton had played,we would not want to catch anything would we.

lfc, having to re-assure the premier league they can 'meet their fixtures'? the levels of debt? the dire state of the boardroom?

i'm sorry but even incompetent ownership couldn't do this, tom and dick would have had to try extra hard to ruin the club with such devastating affect in 3 years.

i'm beyond anger now, close to tears

Suprised their has not been a further 'share liverpool' / 'red knights' style bid for the club.

100,000 'shares' @ £5,000 ea - that would give £500m, get the club of the yanks, and yes we may then need to borrow money - but it would be on the back of building a stadium - not paying some f*** uselss yank c***.

Thanks for the info redebbs,I didn't know of the existence of Kop Caymen ltd.The extent of the ducking and diving by the gobshites yet again reaches new heights.The inability of the Football Club to service the interest payments on the "loans" imposed on it is very worrying,especially as it is being compounded at 10% per year,at a time when our income is falling due to no CL next year.From the figures quoted it also shows that the parent company(Kop Football Holdings Ltd.) is technically insolvent.I now understand why the gobshites are trying to sell the club for such an inflated price,they have to pay off the debts to the Banks,they want their "loans" repaid to Kop Caymen(£145M) plus some profit for themselves.Our true market valuation of £350M does not allow them to meet their objectives.With a balance sheet "asset value" of £250M, no investor in their right mind is going to pay anywhere near the asking price.I think we are in for a long haul to sell the club that's why Broughton has sought a 12 month extension on the loan repayment.I fear that if we are not sold within that period,this time next year our predicament will be far worse.As I read it,currently £237m is owed to the Banks + £145m owed in loans to Kop Caymen = £382m,so we need to be sold for at least this value in order to clear our liabilities now,but this is set to get worse as time goes on due to increasing interest payments.Not a good situation.

Your welcome Roy.  The more enlightened we are about these devious t**ts, although it adds to the insults, gives us more ammunition against them.

These guys are masters at covering their own backs, the info in this and Hicks empire falling thread proves just how far they will go to keep themselves immune from any losses.