Liverpool FC (The Reds) | Special Thread
Liverpool FC (The Reds) | Special Thread
Limbani
JF-Expert Member
- Apr 24, 2008
- 1,438
- 442
Tupo ndugu yangu ingawa kidogo mambo yetu financially hayaendi vizuri, karibu kuchangia LFC
forward this email to a friend <http://www.shareliverpoolfc.exvn.com/page.cfm?form=0xa50eb65be82efd9c0f33dad741fe3b5f.5.44540>
REVISED PROPOSALS
Many of you reading this will have signed up for a plan to buy Liverpool FC by purchasing shares in ShareLiverpoolFC (SLFC), an Industrial & Provident Society designed as a vehicle to deliver fan ownership and democratic control of the Club we support.
Please find below a detailed summary of our revised plan. We would be extremely grateful if you would click here <http://www.shareliverpoolfc.exvn.com/page.cfm?form=0xa50eb65be82efd9c0f33dad741fe3b5f.2.44540> to give us your feedback on our new proposal. Without your support we can not proceed with confidence.
At first, early in 2008, we looked to raise £500m from 100,000 LFC fans who would pay £5,000 for a single share. Recently it became clear (and with the changing economic conditions) that we were unlikely to achieve that. Also, we have realised from the feedback we have received from many of you – as well as from other LFC fans at Spirit of Shankly - that one size doesn't fit all. In other words, reconsidering the sum of £5,000 for every participating fan is the best way forward, due to the wide range of affordability within the fan base.
As a result, the SLFC Board's finance team has put together a realistic plan that squares this circle: How to get real, and broadly based, fan ownership of the Club (by lowering the ‘entry fee' for voting shares), and relieve the level of the Club's bank debt by offering those Liverpool fans who are able to put in more money a chance to get a modest return for their additional financial support.
Realising the current owners have been trying to sell the Club, we also sought your views on SLFC entering into a joint venture with a new commercial investor partner. This approach was widely supported. Our aim remains full ownership of the Club in the longer term, but we see joint ownership in the medium term as a sensible way to begin. So our revised proposal allows for the entry of one or more commercial investors to take a minority stake in the Club.
Now we are at the point where the huge debt of around £350m which the owners took to buy and run the Club has had to be re-structured with the lending banks, RBS & Wachovia. The deadline for this was today. We understand that this re-structuring has been agreed and that RBS & Wachovia are to extend their respective credit lines to the current owners. In our view, this is only a short term (and expensive) fix for LFC. The only real solution for the Club is long term financing that isn't supported by short term – and expensive - bank debt.
Our proposals offer precisely that.
Effectively, we have put together revised proposals – to include the feedback we have had whilst maintaining the essential elements from the original plan.
Our plan is to deliver fan ownership to as broad a base as possible.
We will offer one single vote-bearing share per person at a price down from £5,000 to £500. We think this will make it possible for many more fans to take part in a share-owning democracy. No one fan will own more of ShareLiverpoolFC than anyone else.
Our plan offers fans a chance to contribute more and get a return on their capital.
For those fans that can afford more than £500 for a share, they can contribute additional funds in the form of 2% Loan Stock and earn interest on such additional funds. We know there are many thousands of you prepared to pay £5,000 for a share – and there is, in addition, a significant number of LFC fans who would put in even more money.
You can take a look at an ‘Executive Summary' of the proposal at SHARELIVERPOOLFC MAKE REVISED PROPOSAL <http://www.shareliverpoolfc.exvn.com/page.cfm?article=0xa50eb65be82efd9c0f33dad741fe3b5f.4.44540> .
You can examine a more detailed version of the proposal at SHARELIVERPOOLFC MAKE REVISED PROPOSAL <http://www.shareliverpoolfc.exvn.com/page.cfm?article=0xa50eb65be82efd9c0f33dad741fe3b5f.4.44540> .
In a nutshell
We are looking to raise £150 million from LFC fans to initially acquire a 60% interest in the Club:
* Approximately £10 million to come from the sale of £500 shares in ShareLiverpoolFC on a one person one share basis (this would require at least 20,000 fans to sign up).
*
* Approximately £140 million to come from shareholding fans acquiring SLFC Loan Stock giving them a return of 2% a year
In addition;
* We would seek one or more commercial partners to invest £100 million for a 40% interest in the Club.
*
We would also seek to negotiate with the banks to swap £100 million of their current debt for convertible Loan Stock in LFC. The banks would give SLFC the right to purchase this convertible LFC Loan Stock in equal annual instalments over 20 years. Following acquisition of the banks' convertible LFC Loan Stock, SLFC could convert it into new shares in LFC, therefore enabling it to increase its equity interest over time to 71%.
The balance of the banks' current debt of £250 million would be discharged (indirectly) from the £250 million of funds raised above.
These proposals would provide the long term, affordable financing our Club desperately needs and delivers ownership of Liverpool FC to a broad base o
Exaud J. Makyao
JF-Expert Member
- Nov 30, 2008
- 1,518
- 24
Will Lverpool make it real?
Exaud J. Makyao
JF-Expert Member
- Nov 30, 2008
- 1,518
- 24
Will Liverpool make it real?
TIMING
JF-Expert Member
- Apr 12, 2008
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Limbani
JF-Expert Member
- Apr 24, 2008
- 1,438
- 442
Kaka Babel is not for sale, he is very integral part in our plans this season!
TIMING
JF-Expert Member
- Apr 12, 2008
- 28,186
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Naona Liverpool wanaaza kuniudhi sasa...
Jana wamekula tatu kutoka Espanyol, sioni ule moto wa mwaka jana!!! Maybe its good to seel Alonso kabla hajawa "mole" kwenye team
We need to move on without him
Ab-Titchaz
JF-Expert Member
- Jan 30, 2008
- 14,630
- 4,253
TIMING
JF-Expert Member
- Apr 12, 2008
- 28,186
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Ma'alim!!!
Hatujakataa mwakwetu, tatizo ni woga ambao hata mze fangason au mr. bean wanao!!! Losing a key player kama Xabi ni issue, but it is always good aondoke mapema kuliko kuwa bad influence to the dressing room
YNWA
TIMING
JF-Expert Member
- Apr 12, 2008
- 28,186
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It was either MAsch or Xabi to be sold.... at leat one divorce has been finalised and we move on to the league with clear heads!!!!
Remember negative dressing spirit by R. Keane
alsaidy
JF-Expert Member
- Feb 23, 2009
- 334
- 89
Alonso was a really good player and we will miss him deeply!! Rafa did all he can to make him stay but the player refuse to stay!!
Very soon Rafa will get his replacement from Roma Aquilani.
You will never walk alone!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Very soon Rafa will get his replacement from Roma Aquilani.
You will never walk alone!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
TIMING
JF-Expert Member
- Apr 12, 2008
- 28,186
- 15,549
TIMING
JF-Expert Member
- Apr 12, 2008
- 28,186
- 15,549
Thanks Mkuu, Pole kwa liverpoolx1; Pole kwa manurex2; pole kwa arsesx2 so far ni chelki pekee walio intact
Very strange season
Vipi Aquilani, unamuonaje???
Richard
JF-Expert Member
- Oct 23, 2006
- 15,692
- 23,038
Watani,
Hongereni kwa kumpata Roberto Aquilani. Ni kiungo mzuri sana na anauzoefu kutoka Serie A na CL.
Ana "good passing", "good movement" na anapenda kuwa na mpira wakati wote uwanjani ili kuipa nafasi timu yake ishambulie.
Naweza kumfananisha na mzee Genaro Gattuso ambae huitwa "dity rat" ambae haonekani kucheza uwanjani lakini kumbe ndio mtu ambae yupo uwanjani kutibua "game plan" ya timu pinzani na kuhakikisha wachezaji wenzie wanapata mipira.
Ila mwezi May alifanyiwa upasuaji wa "ankle" na anaelezewa kuwa yuko nyuma mwezi mmoja kuwa na "full fitness".
Kila la kheri.
Hongereni kwa kumpata Roberto Aquilani. Ni kiungo mzuri sana na anauzoefu kutoka Serie A na CL.
Ana "good passing", "good movement" na anapenda kuwa na mpira wakati wote uwanjani ili kuipa nafasi timu yake ishambulie.
Naweza kumfananisha na mzee Genaro Gattuso ambae huitwa "dity rat" ambae haonekani kucheza uwanjani lakini kumbe ndio mtu ambae yupo uwanjani kutibua "game plan" ya timu pinzani na kuhakikisha wachezaji wenzie wanapata mipira.
Ila mwezi May alifanyiwa upasuaji wa "ankle" na anaelezewa kuwa yuko nyuma mwezi mmoja kuwa na "full fitness".
Kila la kheri.