Liverpool have been sold

[bibblebub]

...subject to legal matters being sorted.

http://news.bbc.co.uk...liverpool/9064599.stm

Assuming it goes through, the new owners will probably be good for the club but they are American, which is a dirty word for the club.

Any thoughts?

[Hopkirk]

If you believe a recent TV documentary about the Glazers, they are on the edge of financial meltdown, and are not rich.

[joggerjayne]

I doubt if the Glaziers are rich.

They have been using the club to finance their existing liabilities, and taking more out than they have put in.

Contrast with Abramovitch, buying silverware for Chelsea's fawning followers.

But ... if Abramovitch gets bored with his little blue hobby, and pulls out, Chelsea won't even be able to pay that month's wages bill.

[lesblue]

Ha ha, nice one JJ and everyone who is waiting for Chelsea to go into oblivion. You've been waiting for seven years now and the club will be left in very good hands if (and its a huge "if") Comrade Abramovich walks away.
CAREFREE.....................................
.....................

[Hopkirk]

Give it time, Les. It'll happen one day.

[bibblebub]

And Man City's loss of £120m last year - how long will the owners keep interested if they don't win the Champions League in the very near future?

[DrFilth]

bibblebub citys new owner makes over 500 million in one evening so to lose that over a year is the same as you losing a penny

[bibblebub]

but if he thinks that City don't have it in them then he'll just just move on to somewhere else

[joggerjayne]

I'm not so sure, Les.

When Abramovitch goes, he will want his money back.

Although he's converted his loans into stock, who would buy him out?

Brighton could make a bid. We might end up owning Chelsea !!

[DrFilth]

true but the club will have no debt. the owners of city and chelsea are wrecking football with their money
sky started the rot these two clubs will finish it

[johnk]

Long way to go yet

[joggerjayne]

Chelsea won't damage football.

They are not a big enough club to make any difference.

For as long as they have their sugar daddy, they will do well. When he goes, the big players will scatter to other clubs, and Chelsea's "15 minutes of fame" will be over.

Abramovitch could have bought any club at all. Buy them the same players, and they would be in Chelsea's position. Chelsea's success is not a reflection on Chelsea, it's just a reflection on Abramovitch. Football itself will carry on, unaffected.

Maybe Abramovitch will get bored with smelly London, and decide to buy a nice team in a pleasant town on the coast.

=0)

[DrFilth]

blackpool :)

[joggerjayne]

ha ha ha !!

Well, Blackpool are doing SO well, aren't they.

I think it's really exciting.

I hope SO much that they keep it up, and stay up this season.

[lesblue]

And until he does.....................CAREFREE ha ha ha ha

[joggerjayne]

Hmmm ... not totally carefree.

If Chelsea keep on failing in Europe, RA will get the hump, and move on.

Money can buy the Premier League, but the Spanish are simply unimpressed.

[northboy]

sold by yanks.
then bought by yank$
what was the protesting about then,i thiught they wanted rid of them???????????????????

[chelle7272]

It's a tad more complicated than that.......

[bibblebub]

No-one has yet mentioned Arsenal - do they exist for real or only in fantasy football leagues?

[joggerjayne]

I suspect Arsenal ("the Gunners", right?) will continue to exist long after Chelsea have been dropped by their sugar daddy, and and disappeared back to mid-table mediocrity, and Manchester United have finally succumbed to the pressure of their ludicrous debt.

Now that football clubs have to run like a business, Arsenal are the highest placed "well run" club in English football.

They made a huge profit last year, it said on the News, and they are paying off the cost of building The Emirates Stadium way ahead of schedule. They don't borrow money, they are not dependant on the whim of a sugar daddy, and they are third in the Premiership.

[bibblebub]

The way they are run does seem to be what other top-level teams should aspire to, almost too good to be true.