View Single Post
  #10726  
Old 27-05-2010, 12:56 AM
sex4LiFe's Avatar
sex4LiFe sex4LiFe is offline
Samster
 
Join Date: Apr 2002
Posts: 608
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
My Reputation: Points: 205 / Power: 24
sex4LiFe is a Helpful and Caring Samstersex4LiFe is a Helpful and Caring Samstersex4LiFe is a Helpful and Caring Samster
Re: Liverpool Fc @ Anfield - Reds Supporters Gatherings

[last part]

I could be flippant and tell you I don’t know what Google is (I have never used a computer in my life). I could point out that internet searches are as likely to mislead as to inform. But the truth is that we went way beyond Google in our check-ups. We retained Price Waterhouse Coopers to advise us on the fabric of the deal, and they received assurances from Rothschilds, one of the most respected and respectable names in global finance, who vouched for both Tom Hicks and George Gillett. Indeed, Rothschilds - who were representing Gillett and Hicks - telephoned a non-executive director of LFC, Keith Clayton, to assure him that both were good for the money. Could we have done more? Probably - though under those circumstances, in that time-frame, probably not. We did our due diligence on Messrs Gillett and Hicks and if we’re guilty of anything it is that, after four years searching, we may have been too keen, too ready to hear the good news that George and Tom had passed their tests.

The Google question, along with any suggestion that the shareholders and I preferred the Gillett/Hicks bid because it promised to net us more money, is a source of anger to me. Internet culture is inexact and gossip-driven… to suggest anyone at our football club would run a financial health-check via a search engine is just silly. Don’t forget that everyone was delighted with their takeover at the time. Significant shareholders like Granada and Steve Morgan were insistent the board of LFC should accept the G&H offer, and left me in no doubt about my legal duty to accept the offer. George and Tom were carried shoulder high through the city centre on the afternoon of the Barcelona game in March 2007 - it wasn’t just me who was taken in. And as for the extra money I netted from the G&H deal - you really don’t know me if you think that was a factor. Ultimately, the deal we signed up to was laid it in unambiguous terms in the share offer document. That is a matter of fact. But at the end of the day you can carry out any number of checks with infinite degrees of scrutiny and certainty, but I doubt there’s any procedure available that will legislate for a guy you’ve come to trust looking you in the eye, telling you one thing and doing the exact opposite.

As I’ve already said, I feel no duty to justify myself and in writing to you now there is much I’ve withheld out of decency, more than duty. There’s also the very real possibility that, in speaking out, I might derail the process that many believe I can positively effect. But it has been hard for me, sitting mute on the sidelines as the club I love suffers one blow after another. Since resigning from the board I have not set foot inside Anfield - and it hurts. I hugely regret selling the club to George Gillett and Tom Hicks. I believe that, at best, they have bitten off much more than they can chew. Giving them that benefit of the doubt - that they started off with grand ideals that they were never realistically going to achieve - I call upon them now to stand back, accept their limitations as joint owners of Liverpool Football Club, acknowledge their role in the club‘s current demise, and stand aside, with dignity, to allow someone else to take up the challenge. Don’t punish the club’s supporters any more - God knows they’ve taken enough. Take an offer, be realistic over the price, make it possible. Let the club go. It is a sign of strength, not weakness, to concede for the greater good.
Yours faithfully,
David Moores

Sounds like someone is trying to cover his own ass and not be accused of destroying our Liverpool to the clowns who know nutz about football!

I can't stomach the fact that the club I so love and adore is in such a terrible mess. No money to buy good players, in big debts, demoralized staffs and players... this is Liverpool we're talking about! We shouldn't be in this state. Had David Moores had make the right decision to sell to someone who at least can afford to buy the club without taking the loan, we definitely would not have ended this way.

I can understand if we do not win the Premier League. What I cannot take it is that our club is nothing right now.

I seriously hope the Yankees can stop being ridiculous and move on. Stop being such an ass and get lost! And yea, screw u too David Moores!
__________________
The best thing a father can do for his children is to love their mother.


I like BBBJ.
I like CIM too.
I like Girls Who Swallow Even More.