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Posted: Fri Oct 08, 2010 8:01 pm
by Dottie
galraen wrote:Now, when Liverpool are on the verge of administration the EPL announce that they will break the rules for them and not impose a nine point penalty if they go into administration!!! Uneven playing field or what? I hope that if that happens Portsmouth sue the EPL for every penny they can get.
Would you mind giving a link to this news for mentally impaired people like me, I can't seem to find it anywhere.
Posted: Sat Oct 09, 2010 1:05 am
by Xandax
galraen wrote:?
The rules are the same, it's just the way they are implemented which is inconsistent. European football has nothing to do with it; the rules are laid down and were ruthlessly enforced for one club, and are now being ignored for Liverpool.
PS It's only because Portsmouth were victimised last year that Liverpool are in Europe at all, we qualified for Europe through the FA Cup, but were refused the chance to play in Europe by the FA and EPL and Liverpool where given our spot! This is just adding insult to injury!
Of course the rules are the same, but it is like the saying "Everybody's equal, only some are more equal then others".
It is unfair, but the (perceived) top clubs will get special treatment simply because they are the top clubs and thus more likely to bring prestige to the league(s).
It is basically the same all over the world from what I've seen.
Posted: Sat Oct 09, 2010 1:05 am
by Xandax
Xandax wrote:Well - Denmark is not playing well either and have a number of key injuries. So I think it looks pretty solid for Portugal unless Denmark is rather lucky.
Won 300 DKK last night on my betting .... so good thing Denmark sucked

Posted: Sat Oct 09, 2010 7:50 am
by galraen
The story was on the BBC website earlier last week Dottie.
There's been a change in stance at the EPL, they are now saying Liverpool will have the 9 points deducted if they go into administration. I'm not sure if this is really a change in attitude due to the criticism that's been aimed at them, or if the original statement was an unauthorised 'mistake' by an EPL spokesman, the bottom line is that the rules apparently will be enforced, which is good news.
Gillette and Hicks are really in a lose/lose situation right now, if they win their court case then Liverpool will almost certainly go into administration, the Royal Bank of Scotland will then take over and sell the club anyway, with G&H receiving no money. If they lose the case then they will get no money from the sale as the money being offered would only be enough to cover their debts. Also by taking the case to court G&H may well have delayed the sale long enough to deprive the new owners of time to avoid administration.
There's also the major question of what the intentions of the would be purchasers really are. My suspicions are that they intend, once the books have been balanced, to use Liverpool as a financial milk cow to help finance the Redsox so they can compete with the Yankees. One thing's for sure, being owned by Yanks has been nothing but bad news for English football clubs, so far all the American owners have done is syphon money from them.
Posted: Sat Oct 09, 2010 9:41 am
by Dottie
On that subject, is there anyone with some financial knowledge who might be able to explain why it's legal to buy something with borrowed money and subsequently offloading the debts on the item you just bought? To me it sounds obcene.
Posted: Sat Oct 09, 2010 11:31 am
by galraen
Seems obscene to me too Dottie; are you referring to the Glazier's outrageous activities by any chance?
Posted: Sat Oct 09, 2010 5:10 pm
by Dottie
Indeed, although i was under the impression that Hicks and Gillett used the same business model when they bought Liverpool.
Posted: Mon Nov 15, 2010 7:03 am
by Sean The Owner
I don't get to go to any good football games, being in Canada and all. I like watching 1. FC Koln when I can though, and Germany for the UEFA/World Cup games.
Lukas Podolski and Wayne Rooney are my favourite players.
Edit: I ask for days off or split shifts around Germany's UEFA and World Cup tournament dates.