Pool could soon be in a whole lot of trouble but ......

[Prufrock]

Hell will freeze over before Liverpool go into administration!!

I'm sure I heard Alan Green say (on 606) - "We simply can't let a club like Liverpool go into administration, that would be wrong for them and totally wrong for the game..."

He's half right. It'd be wrong for us but totally right for the game. Possibly the best thing that could happen in years.

You first.

Then United.

God bless America

No no noooo, other way around. The chances of them letting one of those nice well-supported teams go bust is small, two is negligible, get rid of the DMBs whilst there's even a a chance!

[William the White]

Hell will freeze over before Liverpool go into administration!!

I'm sure I heard Alan Green say (on 606) - "We simply can't let a club like Liverpool go into administration, that would be wrong for them and totally wrong for the game..."

He's half right. It'd be wrong for us but totally right for the game. Possibly the best thing that could happen in years.

You first.

Then United.

God bless America

No no noooo, other way around. The chances of them letting one of those nice well-supported teams go bust is small, two is negligible, get rid of the DMBs whilst there's even a a chance!

Absolutely right...

Liverpool not even in my top ten of clubs I'd like to get rid of (that is, if we are allowed to count outside the Prem)...

[Lord Kangana]

Liver who?

I'm counting the hours.

[Juewanderer]

Liverpool would not be docked nine points even if they do go into administration, was there ever any doubt?


http://www.liverpoolecho.co.uk/liverpoo ... -27377261/



Liverpool FC ‘safe’ from nine-point deduction

Oct 1 2010 by Luke Traynor, Liverpool Echo


LIVERPOOL FC are likely to avoid a Premier League points deduction even if the Royal Bank of Scotland takes over the club.

The Reds face the very real possibility the bank could grab control by the middle of this month if American owners Tom Hicks and George Gillett fail to pay the £237m debt.

Some football legal experts have predicted that Kop Holdings, which owns LFC, would automatically be placed into administration.

But the ECHO understands the Premier League would not view that move as Liverpool being declared insolvent.

Regular discussions have been taking place between Liverpool chairman Martin Broughton and league chief executive Richard Scudamore.

The Reds have been seeking clarification on the potential scenario if RBS took temporary charge at Anfield.

Sources have indicated a nine point deduction, threatened to football clubs when they go bust like Portsmouth last season, would not materialise.

League chiefs crucially consider the debt to rest squarely on the shoulders of Tom Hicks and George Gillett, co-chairmen of the club and owners of Kop Football Holdings.

And as Liverpool has proved they have steady revenues – TV rights money, ticket sales, sponsorship – the club would avoid incurring any penalty.

The Reds reported a £200m turnover for the first time during the past 12 months, a significant rise compared to previous financial years and Anfield bosses insist the club remains highly profitable.

Lawyers closely watching the process, meanwhile, disagree over the possible outcomes and acknowledge the Reds are entering previously unchartered legal territory for the Premier League.

One urged caution citing the example of Southampton who were docked league points after claims that their parent company, and not the club, had gone bust, were dismissed by the Football League.

But a source familiar with the process told the ECHO: “A deal's been done to make sure those nine points aren't deducted from Liverpool.

“It's not actually the football club that goes into administration, it's the holding company.

“If it's only the holding company that goes under, that's when they've got clearance. The deal has been done between the club and the Premier League.

“The whole point of the points deduction is that it's unfair if the company goes under they abandon loads of creditors and start again so they are in a beneficial position compared to other football clubs.

“In this instance I suppose, what they would be arguing is that there aren't abandoning their creditors because their only creditors are just the bank, RBS, and they'll get paid out anyway.”

[FaninOz]

Liverpool would not be docked nine points even if they do go into administration, was there ever any doubt?


http://www.liverpoolecho.co.uk/liverpoo ... -27377261/



Liverpool FC ‘safe’ from nine-point deduction

Oct 1 2010 by Luke Traynor, Liverpool Echo


LIVERPOOL FC are likely to avoid a Premier League points deduction even if the Royal Bank of Scotland takes over the club.

The Reds face the very real possibility the bank could grab control by the middle of this month if American owners Tom Hicks and George Gillett fail to pay the £237m debt.

Some football legal experts have predicted that Kop Holdings, which owns LFC, would automatically be placed into administration.

But the ECHO understands the Premier League would not view that move as Liverpool being declared insolvent.

Regular discussions have been taking place between Liverpool chairman Martin Broughton and league chief executive Richard Scudamore.

The Reds have been seeking clarification on the potential scenario if RBS took temporary charge at Anfield.

Sources have indicated a nine point deduction, threatened to football clubs when they go bust like Portsmouth last season, would not materialise.

League chiefs crucially consider the debt to rest squarely on the shoulders of Tom Hicks and George Gillett, co-chairmen of the club and owners of Kop Football Holdings.

And as Liverpool has proved they have steady revenues – TV rights money, ticket sales, sponsorship – the club would avoid incurring any penalty.

The Reds reported a £200m turnover for the first time during the past 12 months, a significant rise compared to previous financial years and Anfield bosses insist the club remains highly profitable.

Lawyers closely watching the process, meanwhile, disagree over the possible outcomes and acknowledge the Reds are entering previously unchartered legal territory for the Premier League.

One urged caution citing the example of Southampton who were docked league points after claims that their parent company, and not the club, had gone bust, were dismissed by the Football League.

But a source familiar with the process told the ECHO: “A deal's been done to make sure those nine points aren't deducted from Liverpool.

“It's not actually the football club that goes into administration, it's the holding company.

“If it's only the holding company that goes under, that's when they've got clearance. The deal has been done between the club and the Premier League.

“The whole point of the points deduction is that it's unfair if the company goes under they abandon loads of creditors and start again so they are in a beneficial position compared to other football clubs.

“In this instance I suppose, what they would be arguing is that there aren't abandoning their creditors because their only creditors are just the bank, RBS, and they'll get paid out anyway.”

That's what Southampton said but they got 10 pts deducted! This has a long way to go yet.

[Tombwfc]

Southampton weren't in the Premier League.

[KeeeeeeeBaaaaaaab]

Southampton haven't got dead famous players or 'istoreeeee.

Southampton would never have got FIFA to change the rules on admitting clubs who don't fulfill their qualifying criteria for the Champions League.

All bow to the power of media wankfest clubs.

If anything, Liverpool should have nine points added for becoming a publicly-owned club.

[CAPSLOCK]

I think the point is this

If all the creditors are paid when due, theres no fcuking reason on earth for a points deduction

[CrazyHorse]

I think the point is this

If all the creditors are paid when due, theres no fcuking reason on earth for a points deduction

Yeah but where's the fun in that?

[Juewanderer]

Sorry, i couldn't resist

[Bruce Rioja]

Whenever I see that picture I keep thinking that the guy on the right's Milan Mandoric.

[KeeeeeeeBaaaaaaab]

Whenever I see that picture I keep thinking that the guy on the right's Milan Mandoric.

That's weird. I keep thinking he's in a Hanna-Barbera production.

[TANGODANCER]

In reality, it's the Scouse Olympics.

[Worthy4England]

might be looking for a new manager Monday too!

[as]

might be looking for a new manager Monday too!

I'd say well done to Blackpool, but they'd only moan about 1974

[seanworth]

Had to watch the game with two Liverpool fans. The sky isn't falling, it has now officially fallen.

[thebish]

(snigger!)

[Zulus Thousand of em]

Oh dear! Oh dear! Oh dear!

[Montreal Wanderer]

might be looking for a new manager Monday too!

Spanish waiter must be looking better to them I guess. Well done, Blackpool, I say - even if they pissed me off in 1953.

[Il Pirate]

Sorry, i couldn't resist

Superbe!