Showing posts with label Gillet. Show all posts
Showing posts with label Gillet. Show all posts

Wednesday, February 07, 2007

Liverpool entered into the new era

Liverpool have entered into a new era - era of dollars and cent, where they have officially join the rich club status after the takeover of the club by Gillet and Hicks for £470 million.

The difference between Liverpool and Man United, there won't be any debt tied to the club. And the owners have promised a new stadium, rejecting any proposal for ground sharing, and most important, giving no ceiling to Rafa's budget in getting the players he want. This sounds good, but it remains to be seen if they are true to their promise.

Monday, February 05, 2007

A surprise takeover by the American

The truth about the football clubs becoming the rich man's toy is sealed with a complete turnover from a possible takeover of Liverpool by DIC to the American sports enthusiasts Gillet. Rafa will be handled £150 million to spend, and will elevate Liverpool to the rich clubs list and clearing the debt of £70 million plus the new stadium took Liverpool to the next level. Many however, are concerned what this will mean for a football club such as Liverpool in future. Liverpool were a club for the fans, by the fans and with the fans since Shankly took over, it is built on a tradition of excellence because the club's proud association with the fans. Will this new money play compromise the club's relationship with its fans?