Redray

RAWK poster again; What I said before about the board meeting is kosher. The likes of ourselves can never really KNOW who voted yay or nay, but from reliable briefings from genuinely clued-up people - people who would know - I think the majority on here would be surprised at the level of support the Huang bid is getting, and the lack of self-interest from board members who routinely get hammered on the forums. This is why it can't be understated how important Broughton's role is in the process, and how he critical it is that he is scrutinised over the coming days. We all have to hope he'll prize his reputation and oversee this bid with dignity and fairness. Where we're at right now is Huang's group is doing everything above board. If I had to guess how it'll play, I'd say they'll come to an agreement with G&H - much as it'd gall us all to see either of them walk away with a profit -simply to get this done, draw a line and move on. That's just an educated guess though. What I do know is that if it has to get dirty, the Huang side has a rocket up their sleeve that will jettison George for good. If he knows good for him, he'll face the music, get this done and do one. Amen.

But surely if they lose the 'chicken' game there is a risk they lose their initial investment of 80k? The impression I got from the Sqaure 1 briefing earlier was that they were trying to make this perfectly clear. If they vote against this bid and RBS et all foreclose they could lose it. Vote for and they get something. Broughton in his capacity has to do the best for the shareholders. He's been deliberately flushed out so everyone can see whether or not he make the (obvious) right decision.

If this is true it sounds like the last desperate measures of a slimy little s***.

Which is why the very public spotlight is being pointed at him.

Correct. By definition it is a state investment fund.

If you are trying to barter down the proice of an item in the market from £5 to £1 it is better not to do it while you are waving a £50 pound note in your hand.

They've clearly stated that Huangs Co-owner will be the owner of a far-east Sovereign Wealth Fund. So we know the source will be a state owned investment fund. There may be legitimate reasons why they do not want to particularly identify publically precisely which one it is. Seems plausible when they are trying to argue the value of the company is worthless.

Seems to be a concerted campaign going on covering all angles. That press release from Square 1 part of it.

This poster on Rawk has called it right over the last few days This may well now be moving towards its end-game. There's a board meeting this afternoon (nobody knows whether all five will be in the same room, where it will take place or whether it's a conference call). There is lots and lots to tell, but for now my priority is not to say anything that may jeopardise any deal. Two things, though. 1) I've spent the last 24 hours trying to re-establish from those who know him, and his team, what sort of an owner Ken Huang would be. Again, the people I trust most have re-iterated that nobody who does business on an international scale is a perfect fit for Liverpool F.C. We're talking Money Men, here. But they're convinced that Huang is a decent man, understands what's special about LFC, reveres our legend as much as our potential and is as good as it's ever going to get in modern football terms. He's in a hurry, because he wants a big season for Liverpool. He wants to give the manager funds to spend now. 2) Nobody should be in any doubt as to the critical role Martin Broughton has in this process. His reputation is at stake, and he is under the closest possible scrutiny. That was part of the rationale in letting this story go wide yesterday. This is now out in the open where everyone can see what's happening. This club and its worldwide support has a million eyes, and nothing can be done under the table. It is now up to him, as much as anybody, to do the right thing. For now, I'd best shut up. I want this to happen.

You would hope they would have difficulty in that regard. But can't help feeling they have been pretty much in control up to this point. Perhaps they did not feel the need to do it beforehand.

They seems to be suggesting that all they would do in these circumstances is refinance elsewhere and pay off the said debt.

Broughton was by-passed initally yes and what RBS actually said was that they were not in discussion with anyone. No doubt they were approached by Huang but seem to be telling the board to sort it out or they will have to. Looks like initial manouverings from all parties and a lot will continue to change. Huang has gone in very effectively. His ten day deadline is confirmed by reports.

The reports this morning suggest that RBS have referred Huang back to Broughton and therefore he crystallised his bid for the club circa 320 milion rather than purchsing the debt. Thats my understanding anyway. Get the feeling that there is only this one viable bid on the table. That's why Huang went public and Broughton seems to be trying to force the price upwards.

Thought he was spot on with this a few years back! "In the last three years, Liverpool have averaged a profit of £1m-£2m. Even if DIC are looking to increase the profits to £20m, the only way I can see them doing it is by building a shared stadium. A hotel and other facilities would bring in a certain amount of money with one team, but with two they could make a lot more money."

It's common knowledge he isn't a tycoon so whether he can afford 300 million or not is an irrelevant point. You need to look at his basketball projects to see how he operates.

He must have asked to leave then.

Was Purslow at the Presss Conference?

Precisely. He was commenting on the squad not needing to be overhauled. "I don't think I've ever said the squad is in need of a major overhaul," said the boss. "We need to add one or two players to the team.

Only if you think "several more" means 1 or 2.

Hodgson -27 July 2010; "We're still interested in some other players. I hope this won't be the last of our signings. If we can sign several more to make the squad even stronger then that will also help further." Hodgson - 30 July 2010; "We need to add one or two players to the team." Sounds like someone had a word with him.

I like Hodgson. There, i've said it.

More importantly, is that a pony tail?

Stream Links: FK Rabotnicki vs Liverpool (away) http://lfcglobe.com/stream-links-fk-rabotnicki-vs-liverpool-away/

I reckon yes. Probably still in a state of shock at the shambles that is this club.

I feel very sorry for him. He said a few weeks back he hoped to finalise transfers etc. well before the Europa ties. He still hasn't got a proper pool of players to choose from and knows the knives will be out if he loses his first competitive match. He has virtually already said that he is not getting proper support from the board and that there is a lot of talk but little action and probably feels a little isolated. Remind you of anyone?