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Liverpool post £55m loss
Posted:
Fri May 07, 2010 1:38 pmby Haz
from BBC
Liverpool post £54.9m loss as debts continue to rise
Liverpool
Liverpool's parent company posted a huge loss of £54.9m for the year ended on 31 July 2009 as debt interest payments and severance costs hit hard.
The loss was 34% worse than 2008's figure as £40.1m went on servicing the club's £351.4m debt to Royal Bank of Scotland and US firm Wachovia.
Pay-offs to senior staff, including former chief executive Rick Parry, accounted for a further £4.3m.
BBC Sport understands that Parry's severance package was £3m.
Re: Liverpool post £55m loss
Posted:
Fri May 07, 2010 1:40 pmby Slim
Just a small preview of next years.
Re: Liverpool post £55m loss
Posted:
Fri May 07, 2010 2:12 pmby Goaters 103
Just makes you realise City won the lottery with our owner.
Re: Liverpool post £55m loss
Posted:
Fri May 07, 2010 2:41 pmby walmai
They've got a minute's silence and a lorryload of black armbands on hold just for announcements like this.
Re: Liverpool post £55m loss
Posted:
Fri May 07, 2010 2:47 pmby Slim
walmai wrote:They've got a minute's silence and a lorryload of black armbands on hold just for announcements like this.
The fuck they do, those Chinese children don't work for nothing you know.
Re: Liverpool post £55m loss
Posted:
Fri May 07, 2010 3:16 pmby Vhero
They got into CL that year too.... Imagine the debt this year without CL... No wonder they keen to sell all of a sudden..
Re: Liverpool post £55m loss
Posted:
Fri May 07, 2010 3:54 pmby Fish111
Hope they carry on about their history as very soon they'll be consigned to it and they can wank all night over videos of the 80's and 2005. Fuck-em, hope they go under. This should make them accept 30M for Torres now.
Re: Liverpool post £55m loss
Posted:
Fri May 07, 2010 4:05 pmby Slim
I think people are misunderstanding the policies here, we won't be bidding £70M for Torres because Liverpool wouldn't accept less, we are bidding it to stop other, better placed teams, from matching the bid.