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City To Benefit From The Benitez-Liverpool Crisis?

The parlous state of Liverpool FC's financial revelations this week will have alerted many of European football's elite club's. Er, and Manchester City...

It's clear now that entrusting an English Football club to United States based hedge fund management speak ne'er do wells is not ideal if you don't want to see your club plunged into almost insurmountable titanic proportioned debt inside a couple of years of purchase.

Just ask any Glazered-eyed rag or Hicked, drawn and Gilleted red scouser.

And while we are at it, come back here in a year's time and we'll give you the Arabian effect perspective.

The rags have just gone through the 700 million debt barrier but that's another story. For now.

At least they are settled at the swamp, but Liverpool's dream of a move to a brand spanking new stadium deserving of the team (seriously) that Rafa Benitez and his staff have worked hard to build hang by a thread following the news that the club's owners have until a 24th July deadline to refinance a 350 million lending facility.

The story is that the two chancers have already spent 313 million of that loan. It's estimated that they'll need more than 400 million more to complete the construction of a new stadium.

Call me a circling vulture, but Blues have had our fill of the fear of losing our best players each summer and the winds have suddenly turned in our favour for the first time many of us can recall.

It's all about assets in the modern day 'big four' dominated Premier League and while Liverpool's beleaguered owners begin a desperate search for a new buyer Mike Ashley style, a window of opportunity has opened.

Liverpool players like the already unsettled Xabi Alonso could very well find themselves becoming objectives of the East Manchester Revolution. Indeed, as Vital MC regular Stu suggested, why not go for Fernando Torres in favour of the much touted Barcelona hitman and rag nemesis Samuel Eto'o?

We'll address the rag's situation when they go up for sale in the autumn.

The world's our Blue Oyster Cult...

...and remember, Don't Fear The Sweeper System.


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The journalist

Writer: Johnny Baguette Mail feedback, articles or suggestions

Date:Saturday June 6 2009

Time: 5:45PM

Your Comments

Maybe we can buy Torres... Get David Villa...
SWP... Robinho... Torres... David Villa!
It's tiresome having "bigger clubs" like liverpool taking the players off "smaller clubs" like man city and pompey. It will be very satisfying if we see players mooving in the oposite direction!
Hear, hear pompey mate.
Johnny Baguette
the whole situation is disgracefull
City are a much bigger club than pompy
Barcelona are moving in for Javier Mascherano.
Johnny Baguette
I hope liverpool dont end up in administration. They are an important team in english/world football history. I like liverpool, unlike leeds and newcastle. City can achieve top4 without any of those teams being screwed financially. PLEASE WATCH THIS LINK of robert merino-"perus maradona" according to his agent, city are ldging a bid for him on monday. He looks a class act -
enzo city
"Why Liverpool and Rafa Benitez are already in trouble in the transfer market" - -
Johnny Baguette
"If this wasn't such a high profile football club the banks would almost certainly not grant Liverpool an extension. As it is, the club will probably get six months." - That must be hard for clubs like Luton and Southampton to take.
Johnny Baguette
too be honest none of this is any new news! just saying what was always known since the last refinancing deal. but most liverpol fans see he financial trouble as good news. the prospective buyers are stil there waiting in the wings.
Nice and satirical Johnny, a more City biased comic view of the Smelligraph piece. Not long ago there was a piece about Sheikh Mohammed (UAE leader) taking over Liverpool. Can't remember where it was now. Certainly if he stepped in any time soon Liverpool could buy the whole Barcelona team. Puzzles me why it hasn't happened yet. I guess we'll all know more on or about July 24th! What a comedy it all is... It'll all look a bit Dickensian in a hundred years time.. Great Expectations.
roy harper
With the junior Sheikh at Pompey and all!
roy harper
lol, superb Roy! Ten bob for a lucozade energy at half time, guv?
Johnny Baguette
Pompeycarpet, welcome to the rich clubs club.LOL
Buzz Lightyear
Enzo City, I cannot agree more, whilst it is fun to be able to compete in the transfer market with the big clubs, no-one wants the to disappear, they are good for football.
Buzz Lightyear
oy, I think one of the owners at Liverpool wanted more than the interested party in buying Liverpool, were prepared to offer.
Buzz Lightyear
The writing is on the wall for skint and gillette. Since their takeover and promise not to "do a Glazers" and load the club up with debt, they have done precisely that. Although they have put some of their own cash into the club, they have still managed to alienate the fans, the manager, Liverpool City council and load the club up with debt (at approx 10% interest !!!!! they need a new financial adviser to be sure). Liverpool won't go bust, but they cannot sustain the momentum that took them to 2nd place last season and if things don't go well in the transfer market this summer, could find themselves shorn of their best players and ultimately their best manager for ages! The only solution would be to sell, but there don't seem to be too many takers with the Yank's unrealsitic valuation.
Apparantly the Dubai crowd have dropped their interest.
Johnny Baguette
Not unless they sell for a song and the new investors take on board the massive debts accrued, but who would be daft enough to do that. I really do blame fifa for putting clubs into this situation and not spreading the european competition wider instead of making a monster out of the Champions league. The only solution is to open the Europa cup to more clubs for the league and add another place to the Champions league.
Buzz Lightyear
could CITY, VILLA, EVERTON AND SPURS OR FULHAM, make a new top4 it would be interesting if and when the rags, livrpoo, and arse have points deducted for gioing into administration..... exciting times they are coming.....

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