I saw this post on another forum and thought it might interest many of you.
The letter below was sent by the poster to the email address highlighted, we got nothing to lose in my opinion so give it a try.
Big Bry wrote:
Ive just e-mailed the Dallas News newspaper, a letter explaining a Liverpool fans sentiment over Mr Hicks.
Surprisingly a lady rang me up this evening (Genuine) for some details and they say that they are going to publish the letter (along with others) in Sundays edition.
I just want to encourage you to do the same, as Mr Hicks sipping his Orange Juice and eating his eggs will be none to pleased to find a load of Liverpool supporters in his local newspaper telling the people of Dallas how unimpressed we are at his ability at running a football club.
It was a short and polite e-mail giving all the facts, and explaining how high emotions are running around here.
the address is to the sports editor which is
btownsend@dallasnews.com
rather than rant on this post send these chaps an e-mail and lets crank up the pressure
Nice one Big Bry, I have just sent this to the paper:
Dear Sports Editor,
I’ve heard you are thinking of publishing some letters in your newspaper this Sunday. I would like you to consider publishing this letter as I feel it echoes the opinion of the majority of Liverpool fans around the world at the present time.
We want Tom Hicks and George Gillett out of our club - why?
THEY LIED & HAVE JEOPARDISED OUR CLUB FOR THEIR PERSONAL GAIN
They promised that all loans would be would be secured against their own personal assets.
THEY LIED
They have taken out a loan of £350m. £105m has been secured against the club and £245m against Kop Holdings - which owns 100% of Liverpool Football Club and has only one source of revenue: The Club.
So, regardless of the smoke and mirrors, Liverpool Football Club has to pay all of the interest on all of the £350m.
The interest payments alone for this debt will be around £30m each year. All of which will be payable by Liverpool FC - more than enough to wipe out the club’s operating profit.
Gillett and Hicks have only taken out this new loan over an 18 month contract. This is very unusual for a deal of this size; three years is the usual minimum term. Wall Street analysts believe that this is because they had difficulty in getting the banks to lend them the money. Which raises questions about:
THE STADIUM
£60m of that loan has been earmarked for starting construction of the new ground.
There is no funding yet in place to complete the stadium, nor has planning permission been granted for a 71,000 capacity. Existing consent is for 60,000, with any increase depending upon improvements to transport and car parking. With no underground car park, the new plans have less car parking than the original 60,000 design!
If they can’t borrow again in 18 months then they cannot complete the stadium. How can they pledge now that the stadium will be built? In the same way they pledged it would be well on its way to completion twelve months ago - by misleading us.
So do they actually intend to complete the building of the new stadium?
Should Hicks & Gillett get the loan to actually build the new ground, the additional interest payments will be £25m per year.
This will leave Liverpool Football Club to shoulder annual payments of £55m in interest alone. Which begs the question:
WHERE WILL THE FUNDS COME FROM FOR TRANSFERS?
When they took over, Hicks & Gillett promised to back the manager in the transfer market.
From the two transfer windows Hicks and Gillett have owned the club for, Benitez has spent £48.5m on players, and recouped £33.5m in player sales. A net spend of £15m. This is the up-to-date figure that includes the purchase of Skrtel and the sale of Sissoko.
The club brought in around £30m from the run to the Champions League Final last season alone. On top of this there is the increased TV money the club has received.
Where is the money Gillett and Hicks have backed the manager with? They’ve lied to us, they’ve manipulated the press, and some people have believed the spin. We won’t.
In reality the manager has spent £15m in the last two transfer windows. How is that backing him in the transfer market?
They promised to respect the club’s heritage, history and traditions.
THEY HAVE LIED AND LIED.
They asked to be judged on what their actions. Well they have failed to make a start or produce the funding on the stadium, the major reason why David Moores looked for investment.
They have not put one single cent of their own money into this club and they have undermined the traditions of the football club and the office of manager.
They have, however, managed to create huge debt for LFC to pay off without any end product.
How, exactly, is the football club in a better position now than it was twelve months ago? Simple answer, it’s not.
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