Nath
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Registered: 3rd Apr 02
Location: MK
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quote:
Originally posted by Rick Draper
Do you even know what a SWF is
Shaun Wright Fillips?
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Nath
quote:
Originally posted by Rick Draper
Do you even know what a SWF is
Shaun Wright Fillips?
Oh great, now City are going to find someone called that and spend £24m on him.
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Rick Draper
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Registered: 10th Feb 01
Location: Cheshire
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quote:
Originally posted by Cosmo
quote:
Originally posted by Rick Draper
I see a fund selling the exact amount shares and raising the money in cash.
You been deluded believe they have the cash sat there in a bank to buy you when clearly they do not.
Do you even know what a SWF is
FPMSL, mate is have a business degree so of course I know 
They may well have freed up cash, they may well have done it to pay for the club - but I stand by the fact they do not have the full £190bn (SSN actually saying £210bn) as assets and no cash. Its just not good business sense to have no liquidity.
They are continually buying/selling stakes in companies, just as they have done so in July does not mean they are doing so to buy us.
Very coincidental that they have freed up almost the exact amount to buy you and cover your debts.
Anyhow have you seen Hicks creditors in the USA have been given the right to go after his other assets by the US judge over his sale/bankruptcy of the texas rangers?
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Rick Draper
Very coincidental that they have freed up almost the exact amount to buy you and cover your debts.
Anyhow have you seen Hicks creditors in the USA have been given the right to go after his other assets by the US judge over his sale/bankruptcy of the texas rangers?
Coincidental or not, fact is they will almost certainly have plenty of liquid cash available within the fund. Next you'll be saying the effective sovereign fund that owns City sells assets every time they need £24m for a player.
Yeah have seen that, makes little difference to us as RBS have first charge on the clubs assets to the tune of £240m - which is just about the value of the assets should you sell them. So they'd have nothing to go for.
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Rick Draper
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Registered: 10th Feb 01
Location: Cheshire
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quote:
Originally posted by CosmoCoincidental or not, fact is they will almost certainly have plenty of liquid cash available within the fund. Next you'll be saying the effective sovereign fund that owns City sells assets every time they need £24m for a player.
Yeah have seen that, makes little difference to us as RBS have first charge on the clubs assets to the tune of £240m - which is just about the value of the assets should you sell them. So they'd have nothing to go for.
So the fact they sold the shares is a total coincidence
Mansour is a individual, ADIA is the main Abu Dhabi SWF and unless i am mistaken they do not own us.
[Edited on 05-08-2010 by Rick Draper]
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Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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quote:
Originally posted by Rick Draper
So the fact they sold the shares is a total coincidence
The fact they sold the shares is probably not purely coincidental but it doesn't mean they have no other working captial available, nor does it mean they couldn't release a load more if they were succesful in their bid.
Perhaps not, this is from a poster on LFC forum:
I'm an investment banker who deals regularly with selling IPOs and other financial products to sovereign funds. I can assure you that the selling of Morgan Stanley has nothing to do with the deal. I've yet to see any sovereign funds hold all their assets in equities and bonds and other products. They always hold a certain level of cash reserve. No sovereign funds ever fully invest 100% of their portfolio.
[Edited on 05-08-2010 by Tom]
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Rick Draper
Mansour is a individual, ADIA is the main Abu Dhabi SWF and unless i am mistaken they do not own us.
You might want to have a word with the PL Chief Exec then who will of seen all the ownership documents..."If they had the backing of the Chinese government we wouldn't have any problem with that, any more than we do the Manchester City situation, with effectively sovereign wealth out of Abu Dhabi," Scudamore told Sky Sports News.
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Cosmo
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Registered: 29th Mar 01
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Tom, no fund at all ever invests 100% of the fund. They always leave some of it as cash or very very liquid assets.
Rick doesnt seem to understand this though.
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mwg
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Registered: 19th Feb 04
Location: South Lakes
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quote:
Originally posted by Rick Draper
Mansour is a individual, ADIA is the main Abu Dhabi SWF and unless i am mistaken they do not own us.
"us"
till something better comes along 
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Rick Draper
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Registered: 10th Feb 01
Location: Cheshire
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quote:
Originally posted by mwg
quote:
Originally posted by Rick Draper
Mansour is a individual, ADIA is the main Abu Dhabi SWF and unless i am mistaken they do not own us.
"us"
till something better comes along
I was contemplating rooting for blackpool this season. At least there manager has more carisma than that fucking sour faced jock twat.
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Rick Draper
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Registered: 10th Feb 01
Location: Cheshire
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quote:
Originally posted by Tom
quote:
Originally posted by Rick Draper
So the fact they sold the shares is a total coincidence
The fact they sold the shares is probably not purely coincidental but it doesn't mean they have no other working captial available, nor does it mean they couldn't release a load more if they were succesful in their bid.
Perhaps not, this is from a poster on LFC forum:
I'm an investment banker who deals regularly with selling IPOs and other financial products to sovereign funds. I can assure you that the selling of Morgan Stanley has nothing to do with the deal. I've yet to see any sovereign funds hold all their assets in equities and bonds and other products. They always hold a certain level of cash reserve. No sovereign funds ever fully invest 100% of their portfolio.
[Edited on 05-08-2010 by Tom]
[Edited on 05-08-2010 by Rick Draper]
[Edited on 05-08-2010 by Rick Draper]
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Rick Draper
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Registered: 10th Feb 01
Location: Cheshire
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quote:
Originally posted by Cosmo
quote:
Originally posted by Rick Draper
Mansour is a individual, ADIA is the main Abu Dhabi SWF and unless i am mistaken they do not own us.
You might want to have a word with the PL Chief Exec then who will of seen all the ownership documents..."If they had the backing of the Chinese government we wouldn't have any problem with that, any more than we do the Manchester City situation, with effectively sovereign wealth out of Abu Dhabi," Scudamore told Sky Sports News.
The same person who let countless Pompey takeovers 
The decision to attempt to invest in Liverpool was taken purely on money-making potential and sources close to the deal were keen to distinguish CIC’s intentions from the takeovers at Chelsea and Manchester City, which came down to the decisions of rich individuals — Roman Abramovich and Sheihk Mansour respectively — to buy the clubs.
Soon be getting whored around again looking at that. Stadium built earnings potential maximised and thrown to the wolves.
Also notice INDIVIDUAL
[Edited on 05-08-2010 by Rick Draper]
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Rick Draper
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Registered: 10th Feb 01
Location: Cheshire
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quote:
Originally posted by CosmoYeah have seen that, makes little difference to us as RBS have first charge on the clubs assets to the tune of £240m - which is just about the value of the assets should you sell them. So they'd have nothing to go for.
quote:
Broughton declined to comment last night on whether creditors could try to enforce their claims against Hicks’s share of Liverpool.
Sure he wants fans to trust
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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It's a fact that RBS hav first claim on the club, it's in the accounts submitted each year. They have full security on their £240m loan and the clubs assets (should a fire sale be needed to reclaim the loan) would just about cover that tbh. Other people after Hicks money would have nothing left to go for.
And because Scudamore let countless people buy Portsmouth he for some reason can now not read the ownership documents submitted by City and say it's a soverign fund!? Not sure what deluded dream world you're living in
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Apparently a board meeting this afternoon to decide if to push ahead with any of the deals on the table.
Looks like its between Huang's consortium (which the Chinese Govt. are a part of) and the Syrian/Canadian one but thats rumoured to be purely a tactic by G&H to push up the price.
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