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RedCanuck · 11th May 2010, 22:24

Things look pretty dire for Liverpool. Of course it's difficult to get a real grasp of what the real numbers are at this point. Here's an attempt:

2007 - Club sold to H&G for £218.9m
2010 - Club reports debt of £472.5m

BBC SPORT | Football | My Club | Liverpool | US pair agree Liverpool takeover
Liverpool pile up losses as group debts soar to £473m | Liverpool - Times Online

So over the course of 3 years they have more than doubled (216%) the debt, assuming the original purchase was 100% borrowed. From what I remember H&G borrowed something like £340m at the start. What were the banks thinking?

For whatever its worth, Forbes recently ranked Liverpool as having a value of US$822 (£556.5m).
Soccer Team Valuations - Forbes.com

So whatever the true value of Liverpool is, they need someone to come in and pay that value in cash. Then borrow against the club in order to build the stadium they so desperately need. On top of all this there are the managerial and player uncertainties, and a backdrop of a Europa League campaign starting in late-July.

I suppose its not out of the question they could find someone to buy the club and invest in the stadium, presuming that whatever purchase price is paid is reasonable.

11th May 2010, 22:24	#33 (permalink)
RedCanuck First Team Sub Join Date: May 2004 Location: Toronto Posts: 6,263	Things look pretty dire for Liverpool. Of course it's difficult to get a real grasp of what the real numbers are at this point. Here's an attempt: 2007 - Club sold to H&G for £218.9m 2010 - Club reports debt of £472.5m BBC SPORT \| Football \| My Club \| Liverpool \| US pair agree Liverpool takeover Liverpool pile up losses as group debts soar to £473m \| Liverpool - Times Online So over the course of 3 years they have more than doubled (216%) the debt, assuming the original purchase was 100% borrowed. From what I remember H&G borrowed something like £340m at the start. What were the banks thinking? For whatever its worth, Forbes recently ranked Liverpool as having a value of US$822 (£556.5m). Soccer Team Valuations - Forbes.com So whatever the true value of Liverpool is, they need someone to come in and pay that value in cash. Then borrow against the club in order to build the stadium they so desperately need. On top of all this there are the managerial and player uncertainties, and a backdrop of a Europa League campaign starting in late-July. I suppose its not out of the question they could find someone to buy the club and invest in the stadium, presuming that whatever purchase price is paid is reasonable.