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t

We wont get him anways cant afford him but the fact of the matter is we would have had Alves,Ramsey,Walcott,Simao,Aguero,Pato,Silva,Vidic amongst others at the club if we had a PROPER financial backing.

Our record signing is £22million ffs. Less than our record sale. Says it all...

that's like me saying we could have had c.ronaldo, david villa, etc.

all but's and if's bruv

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Liverpool goalkeeper Pepe Reina admits the club need to find new owners in order to keep the best players at Anfield.

A number of Reds stars have been linked with moves away following their failure to qualify for next season's UEFA Champions League with vultures circling over Fernando Torres' head.

Reina is adamant it is vital to the club's future to keep hold of Torres and improve the squad if they want to be challenging for honours again after a massively disappointing campaign this term.

"It is important players like Fernando [Torres] see the club moving forward," Reina told the Daily Express.

"Let's see how it goes with the owners and the sale of the club. Once we are done with that, let's build a proper team, a proper squad, a competitive squad."

Happy

Reina, who recently signed a new six-year deal at Anfield, insists he has no regrets about pledging his future to the club despite the turmoil surrounding the side.

"Liverpool are one of the best clubs in the world. I see no reason to leave," added Reina.

"I've decided to play many years for Liverpool and I have no regrets at all with that.

"Any kind of player around the world will feel attracted by Liverpool.

"We are a massive club. Of course players will want to come."

I actually CANNOT WAIT for the changes that will be happening.

New owners

New players

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We wont get him anways cant afford him but the fact of the matter is we would have had Alves,Ramsey,Walcott,Simao,Aguero,Pato,Silva,Vidic amongst others at the club if we had a PROPER financial backing.

Our record signing is £22million ffs. Less than our record sale. Says it all...

:Y:

Trus me

Back in reality

You signed

Riera, Degen, Dossena, Aurelio, Voronin

and finished 6th

Ta

:lol:

them players there are all part of the

5 year plan

10 year + plan

Truss Me

Was creasing when I saw Rafa say few day ago he needs money to make 5 more signings to make Liverpool title contenders etc

The guy is too much

Talk about brining down the club from the inside

:lmao:

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Like Lahi has been saying, we are finished as a club, heading the way as Leeds and Forest. A relic. Yanks have utterly destroyed the club, and that is why all the sh*t about Benitez is pointless, because he actually cares about the club, whilst we have owners who have systematically destroyed us.

R.I.P.

YNWA

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Defender Danny Wilson is expected to agree a move from Rangers to Liverpool in the next seven days.

The 18-year-old has just over a year left on his contract and had turned down the new deal on offer to him.

Liverpool had a previous bid turned down but have returned with an improved offer in the region of £2m plus add-ons that Rangers have deemed acceptable.

The Ibrox club stood to lose the player for around £500,000 in compensation had he not been sold this summer.

Wilson, who made his debut in October, was recently voted PFA Scotland young player of the year, having made over 20 appearances - two in the Champions League - and scored once this season.

Injury ended his campaign prematurely, but he will leave Ibrox with winners' medals from Rangers' Scottish Premier League and Co-operative Insurance Cup triumphs.

Happy about this signing. Highly rated and British, Rafa is REALLY good with developing center backs. Plus he is a monster on FM :Y:

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Like Lahi has been saying, we are finished as a club, heading the way as Leeds and Forest. A relic. Yanks have utterly destroyed the club, and that is why all the sh*t about Benitez is pointless, because he actually cares about the club, whilst we have owners who have systematically destroyed us.

R.I.P.

YNWA

Brainwashed.

Rafa IS a big part of the reason why we are in this state. Not just the owners. Look at all the WASTED guys he has bought. Look at all the DUMB in/pre game decisions he has made which has cost us dearly. We could have EASILY won the league last year if he had taken the shitter teams more seriously by playing his strongest 11 every time. We f*ck*ng lost the league to a ushited team who played sh*t football most the season (they got ELEVEN 1-0 victories). I just don't understand how guys refuse to blame Rafa in all this?!!

The only people I refuse to blame is the players.

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KPMG: Liverpool FC On The Verge Of Administration After Massive Rise In Debt

Written on May 08, 2010

by Willie Gannon

The season that just keeps kicking gave Liverpool and its many fans the worst news imaginable after reports emerged that the club have sunk deeper into debt. Yesterday's financial report from Kop Holdings revealed a record loss of £54.9 million over the course of the last season, meaning that the club's total debt now stands at £472.5 million.

Accounts for the club's holding company for the year ending in July 2009 show spiralling interest payments of £40 million, wages breaking the £100 million/season barrier, a record loss of £54.9 million, and an increase in the club's debt of £51.5 million.

At the end of last season, after a record profit of £10 million, Liverpool's debt stood at £350m. Urgent negotiations with RBS and a refinancing of the loan reduced the deficit to £237 million, and the British Government-owned bank are now expected to come back and seek their money.

Liverpool now stand £351 million (net) in the red. Some £233 million of that is owed to the British government-owned RBS and the US investment bank Wachovia, while another £144.4 million is owed to Hicks and Gillett's parent company, Kop Cayman.

KPMG were brought in as financial auditors to survey the wreckage on show at the Anfield-based club.

They found that Liverpool's debt had grown but, just as alarming, also found that Kop Holdings were also in debt for £42.6 million.

KPMG had warned Kop Football Ltd. of the "material uncertainty" of their product. In other words, should Liverpool fail to bring the EPL trophy or the Champions League trophy home in the 2009/10, then the debt would increase substantially, as there would not be any monies available to pay off their debt.

With the current findings we can see that that is exactly what has happened to the once great club.

Liverpool have until the end of July to pay RBS and Wachovia their debt, but this looks increasingly unlikely. Already ahead of the curve, the EPL and UEFA summoned new Chairman Martin Broughton to their headquarters to discuss Liverpool's participation in their respective tournaments next year.

Their greatest fear is that the now Government-owned bank will have nowhere near the level of sympathy for the club that they had last year. RBS restructured their core business after the EU allowed the company to redesign itself after the biggest taxpayer bail out in Europe during the financial crisis, some £100 billion.

The EU’s top competition enforcer, Neelie Kroes, warned that if the bank failed to meet 2013 targets to restore healthy, natural order to its balance sheet, her successor Joaquin Almunia would not hesitate to take fresh action.

The fact that the goalposts have now shifted for RBS means that the bank will almost definitely come looking for Liverpool to repay their debt. There is no sympathy for football clubs who spend beyond their means in the current climate, and Liverpool will do well to garner support from political parties because their debt is essentially taxpayer money.

Broughton has been quick to talk of the proposed £81 million four year sponsorship deal with Standard Charter and how it will help to reduce the debt. However, it would now seem that the level of sponsorship depends upon Liverpool's success during that period.

One theory on Broughton's role that has begun to surface is that his appointment to the role of Chairman is only window dressing to appease RBS, to make it look as if the club are actively looking to reduce their debts but are in actual fact threading water with no serious buyers on the horizon.

This would seem to go with the EPL's recent talks with Broughton about their commitment to meet every fixture next season.

"I expect to be chairman until we sell, so a matter of months,” Broughton said. “There’s no fixed price, there’s no agreed price—it’s a willing buyer, willing seller trade. We have willing sellers and there are willing buyers out there—that will determine the price," which all sounds a little bit desperate.

With the club now losing £110,000 a day through interest alone it looks as if Broughton, RBS, and the UK Government will have much to discuss over the next two months.

Royal Bank of Scotland and Wachovia have been forcing Tom Hicks and George Gillett Jr. to move Liverpool’s borrowings away from them and on to Hicks' Cayman Islands-listed parent company, Kop Cayman.

Many fans rejoiced last year when Liverpool appeared to reduce their bank loan from £350 million to £290 million, but that was only because their offshore parent company increased its loan to the club by £86.2 million to £144.4 million. That loan, on which Liverpool has to pay 10 percent interest, is likely to have increased over the last 12 months, explaining these new devastating figures.

Only this week Rafael Benitez eventually agreed to meet Martin Broughton about the Spaniard's future at the club. There has been a huge amount of speculation about his future role at the club, with stories emanating from Italy every day with new links to Juventus.

Benitez has played a political chess game with Hicks and Gillett in the corridors of power at Anfield, and he has become part of the fabric at the club with his people in virtually every position of power regarding the football side of the club.

He has called upon the owners to lavish him with money, or he will leave. He has told them not to sell Fernando Torres or Steven Gerrard, or he will leave. Rafa knows the club lies on the edge of a financial precipice and has made demands that he knows sound impossible given the level of debt.

During his six years at the club he has spent some £210 million on 49 players, whilst bringing in some £125 million for 80 players.

With the news that Rafa is now saying he needs at least six new players to challenge for fourth, it would seem that Rafa has spent quite poorly over his time in charge. To say he needs six players for a decent team after six years in charge is nothing short of Benitez admitting wasting Liverpool's money.

The biggest rise, however, has come in the wages bracket at the club, where Benitez has almost doubled the club's wage bill since taking over.

* 2004- £66m

* 2005- £65m

* 2006- £68m

* 2007- £75m

* 2008- £79m

* 2009- £101m

* Total- £453

For the second year running KPMG have given a brutal audit on all that is wrong with Liverpool FC, citing "material uncertainty" yet again.

"These conditions indicate the existence of a material uncertainty which may cast doubt on the parent company's ability to continue as a going concern," it said.

Liverpool are on the verge of becoming the next Leeds; the EPL think so, UEFA think so, and KPMG know so. The next two months are vital for the club.

Challenging for the title is gone, keeping Benitez at the club looks less and less likely every day, Fernando Torres has intimated that he wants to leave English football, and Steven Gerrard has just endured his worst ever season in a red shirt.

Liverpool will not earn Champions League money next season, they will not challenge for the league title, their best players could leave, and their manager could go to Italy.

Next year couldn't be any worse than this one, could it?

This article was also published on Premier League Report

Yeah that Rafa that guy he is so bad we owe millions. Shut up mate. You dont know what your chatting about

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Like Lahi has been saying, we are finished as a club, heading the way as Leeds and Forest. A relic. Yanks have utterly destroyed the club, and that is why all the sh*t about Benitez is pointless, because he actually cares about the club, whilst we have owners who have systematically destroyed us.

R.I.P.

YNWA

Brainwashed.

Rafa IS a big part of the reason why we are in this state. Not just the owners. Look at all the WASTED guys he has bought. Look at all the DUMB in/pre game decisions he has made which has cost us dearly. We could have EASILY won the league last year if he had taken the shitter teams more seriously by playing his strongest 11 every time. We f*ck*ng lost the league to a ushited team who played sh*t football most the season (they got ELEVEN 1-0 victories). I just don't understand how guys refuse to blame Rafa in all this?!!

The only people I refuse to blame is the players.

Surely you are fishing?

How can Rafa be blamed when he took us there :lol:

LOLserious

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That article isn't as accurate as some of the other ones, like the telegraph one, but it is roughly along those lines.

Administration, not yet, because Broughton had to give the clubs finance report to Uefa so we could play in it next year. (TBH I don't get that because our debt isn't as much as Reals or Uniteds (I think).

But yeah, basically Chelsea in 2003, is us.

LOL @ Benitez making us 457 million in debt, come on Murks. Don't be as bad as the sun readers.

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Lahi go and watch every minute of every one of Ushiteds games last season and tell me they deserved to win the league with the performances they gave.

/

I'm not talking about the money matters.

I'm talking about the on pitch matters and what Rafa has done as a manager. How can you NOT blame Rafa for our so called downfall?

*spits*

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Lahi go and watch every minute of every one of Ushiteds games last season and tell me they deserved to win the league with the performances they gave.

/

I'm not talking about the money matters.

I'm talking about the on pitch matters and what Rafa has done as a manager. How can you NOT blame Rafa for our so called downfall?

*spits*

What are you waffling about?

He has given us our highest ever points total. Rafa is the best manager you have seen in your life time. Show some f*ck*ng respect :!:

/

f*ck this optimistic sh*t

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Lahi go and watch every minute of every one of Ushiteds games last season and tell me they deserved to win the league with the performances they gave.

/

I'm not talking about the money matters.

I'm talking about the on pitch matters and what Rafa has done as a manager. How can you NOT blame Rafa for our so called downfall?

*spits*

What are you waffling about?

He has given us our highest ever points total. Rafa is the best manager you have seen in your life time. Show some f*ck*ng respect :!:

/

f*ck this optimistic sh*t

Did I say I don't respect the guy? No. He has been a great servant to us.

I wouldn't be surprised if he's still in charge next season. I will support every manager that manages my team, Liverpool.

I'm just saying its not just the owners fault we are in this state.

Just saying.

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So what the f*ck are you complaining about then?

Ever since rwd you have lived in some opiate filled dimension. We CAN'T get Mourinho because he wouldn't want to manage a club in tatters like ours.

Its about time you smelt the coffee boss.

Also what guy can win a LEAGUE title in england with no p?

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