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Morgan to bankroll lfc - £20m to spend on players.
Posted:
Fri Dec 10, 2004 2:12 pmby Redrider
From the LFC website:
''Benitez will now be offered £10m to spend in the transfer window, and told to bring in new faces who can turn Liverpool into genuine contenders.
But it also means that the club becomes a more attractive investment proposition, now that they are still in the Champions League into the new year. Speculation is mounting that local businessman Steve Morgan has finally made an offer to buy into the club that the board is prepared to accept.
If Morgan does get his wish to join the Anfield board, then he will pump upwards of £30m directly into the coffers, to fund a spending spree and also to help finance the construction of a new stadium.
Morgan is due to have more talks with the club within the next few days, and if an agreement is reached, he could invest heavily before the transfer window closes at the end of January.''
If Rafa is to get £10m from CL qualification and the Morgan Investment of £30m comes good, Rafa could have at least £20m to spend on new players, leaving £20m to spend on the new Stadium.
Personally, I would spend all available cash (£40m) on new players and put the Stadium on hold until we can fund the building from our success on the pitch. 
Posted:
Fri Dec 10, 2004 2:18 pmby 7_Kewell
put the Stadium on hold until we can fund the building from our success on the pitch.
hmm, could be a while then 
Posted:
Fri Dec 10, 2004 2:50 pmby Redrider
With £40m to spend we could sure recruit two or three real quality players, who would make an immense difference, even in the short term.
CL qualification and games through to the semi's for say three years on the run would bring in up to £50m each year !! Tasty !!
Posted:
Fri Dec 10, 2004 3:09 pmby Pool Boy
If Morgan or anyone else were to invest in the club we can take it that it will be at a minimum £70m as that has been the figure bandied about....I had thought that half of this was for shares and the balance for the club....£35m......I would have assumed that would be available for new players with the stadium financed through long term borrowing and sale of corporate boxes.....£35m + £10m from CL...that's a heck of a lot dosh on the transfer market....or am I wildly optimistic ?
Posted:
Fri Dec 10, 2004 3:34 pmby FrankM
Just back from lunch. Read the exact same report in the Daily Mirror.
Did Mirror get it from LFC Website or vice versa.
Either way if it is true it sounds good
Posted:
Fri Dec 10, 2004 4:43 pmby jim_morrison_supported_liverpool
i cant be arsed with Morgan. he seems like a tool. scouser my *rse he's from Wales. not that that matters but why does he lie?
Posted:
Fri Dec 10, 2004 4:57 pmby JBG
As Leon showed in his research earlier in the week, there is an official offer from L4 which has been notified to the authorities, so Morgan may be too late.
Posted:
Fri Dec 10, 2004 5:02 pmby jim_morrison_supported_liverpool
lets friggin hope so.
Posted:
Fri Dec 10, 2004 5:07 pmby Paul C
I'd prefer the L4 deal cos they have more money than Morgan with the Kraft family being involved 
Posted:
Fri Dec 10, 2004 5:11 pmby JBG
Redrider wrote:Personally, I would spend all available cash (£40m) on new players and put the Stadium on hold until we can fund the building from our success on the pitch.
Stadium has to come first as it is a long term investment.
Diverting extra money away from the stadium and spending it on players could be very risky.
Posted:
Fri Dec 10, 2004 5:13 pmby Paul C
John Barnes' Granny wrote:Redrider wrote:Personally, I would spend all available cash (£40m) on new players and put the Stadium on hold until we can fund the building from our success on the pitch.
Stadium has to come first as it is a long term investment.
Diverting extra money away from the stadium and spending it on players could be very risky.
Especially if GH was still in charge, could you imagine getting him £40m, that would be as cleaver as letting Stevie Wonder decorate your house
Posted:
Fri Dec 10, 2004 5:16 pmby FrankM
Paul C wrote:I'd prefer the L4 deal cos they have more money than Morgan with the Kraft family being involved
Does having more money necessarily mean it is the best option?
Posted:
Fri Dec 10, 2004 5:17 pmby Paul C
FrankM wrote:Paul C wrote:I'd prefer the L4 deal cos they have more money than Morgan with the Kraft family being involved
Does having more money necessarily mean it is the best option?
Yeah
TBO if Morgan takes over he will want a place on the board and he will want to call all the shots where if the L4 group take over then they won't have time to produce Hollywood movies, run food companies, etc and run LFC so I think they may keep Moore/Parry.
Posted:
Fri Dec 10, 2004 5:17 pmby jim_morrison_supported_liverpool
FrankM wrote:Paul C wrote:I'd prefer the L4 deal cos they have more money than Morgan with the Kraft family being involved
Does having more money necessarily mean it is the best option?
not necessarily but i think it would be better than getting Morgan in.
Posted:
Fri Dec 10, 2004 5:28 pmby FrankM
Points taken. Though I'm not so sure L4 will invest without a board place.