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Post by keanosdog16 on May 13, 2021 9:51:50 GMT
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Post by mightyez on May 13, 2021 10:16:14 GMT
The 2005 takeover remains one of the most inexplicably reckless moments of sporting regulation in modern history. A secure - let alone highly profitable - community asset was just allowed to be bought up by owners whose sole concern was their own financial growth, with that asset itself used as collateral. It is simply staggering there was no protection against this.
It is even worse that there remains no protection. It was only last year that Burnley were purchased with a similar leveraged buy-out, another club left to the pot luck of the intentions of the owners.
It is why the Glazer takeover was the absolute touchstone moment for the type of hypercapitalism that football has been abandoned to, and that has started to erode the very fabric of the game, while directly creating the crisis of the Super League.
Bang on the money that is, how the heck was it allowed to happen. Surely there should be some clause that states if debt not paid in 5 years or so then the owner has to sell and clear the debt or use their own money to clear it.
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Post by johnboy14 on May 13, 2021 12:38:31 GMT
The 2005 takeover remains one of the most inexplicably reckless moments of sporting regulation in modern history. A secure - let alone highly profitable - community asset was just allowed to be bought up by owners whose sole concern was their own financial growth, with that asset itself used as collateral. It is simply staggering there was no protection against this.
It is even worse that there remains no protection. It was only last year that Burnley were purchased with a similar leveraged buy-out, another club left to the pot luck of the intentions of the owners.
It is why the Glazer takeover was the absolute touchstone moment for the type of hypercapitalism that football has been abandoned to, and that has started to erode the very fabric of the game, while directly creating the crisis of the Super League.
Bang on the money that is, how the heck was it allowed to happen. Surely there should be some clause that states if debt not paid in 5 years or so then the owner has to sell and clear the debt or use their own money to clear it. Its a problem with the free market in general, we have rules against monopolies but not leveraged buyouts, they have ruined many companies. Government legislation is desperately needed but no football club should be allowed to operate at the highest level if there half a billion in debt. UEFA and FIFA should be enforcing that and those who mismanage clubs should be banned from operating football clubs. The bastards should be made to clear that debt from there own pocket before the club can compete in the CL or PL. |
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Post by Stretty on May 13, 2021 14:38:29 GMT
Setting off at 16:30
Hope there’s a big turnout
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Post by Deleted on May 13, 2021 15:52:38 GMT
Setting off at 16:30 Hope there’s a big turnout I'm going in about the 5pm mark another 10 mins. Getting ready to go up there early. |
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Post by ratbag on May 13, 2021 16:25:21 GMT
Setting off at 16:30 Hope there’s a big turnout I'm going in about the 5pm mark another 10 mins. Getting ready to go up there early. Fro what I have read, a lot of the players are there already... I think they even tried decoy buses... EDIT: Good luck!! |
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Post by Deez on May 13, 2021 19:13:47 GMT
Well I'm back home now lads!
Started at the forecourt then moved on up to Wharfside, got a bit heated but to be honest once we realised the Scousers were in the ground, we just cleared off.
Wasn't as many people as first time round but the security was so much tighter
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Post by Stretty on May 13, 2021 19:45:21 GMT
Well I'm back home now lads! Started at the forecourt then moved on up to Wharfside, got a bit heated but to be honest once we realised the Scousers were in the ground, we just cleared off. Wasn't as many people as first time round but the security was so much tighter yep I took that walk down the wharf side and it was looking like kicking off at those lights |
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Post by Stretty on May 13, 2021 19:46:37 GMT
I will put some pics up tomorrow
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Post by Stretty on May 14, 2021 5:23:12 GMT
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Post by Stretty on May 14, 2021 5:26:10 GMT
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Post by kstandhand on May 14, 2021 5:54:40 GMT
One thing is very clear,The Glazers can't continue like this.
Security & Police bill of £1 mill for a game,what happens once the walls come down & they actively want supporters back in the stadium.
Keep up the good work!
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Post by Deleted on May 14, 2021 6:18:18 GMT
I was down past the Trinity, lots of barriers but the main group in my area seemed to be at the corner just before the East Stand. Keep it going lads.
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Post by DoctorHver on May 14, 2021 6:45:22 GMT
One thing is very clear,The Glazers can't continue like this. Security & Police bill of £1 mill for a game,what happens once the walls come down & they actively want supporters back in the stadium. Keep up the good work! They are Trump supporters and will cling onto their posistion for as long as they can as long as it fits them. Just like Trump did during and after the US election and he even does now. |
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Post by DoctorHver on May 14, 2021 7:18:18 GMT
The 2005 takeover remains one of the most inexplicably reckless moments of sporting regulation in modern history. A secure - let alone highly profitable - community asset was just allowed to be bought up by owners whose sole concern was their own financial growth, with that asset itself used as collateral. It is simply staggering there was no protection against this.
It is even worse that there remains no protection. It was only last year that Burnley were purchased with a similar leveraged buy-out, another club left to the pot luck of the intentions of the owners.
It is why the Glazer takeover was the absolute touchstone moment for the type of hypercapitalism that football has been abandoned to, and that has started to erode the very fabric of the game, while directly creating the crisis of the Super League.
Bang on the money that is, how the heck was it allowed to happen. Surely there should be some clause that states if debt not paid in 5 years or so then the owner has to sell and clear the debt or use their own money to clear it. Its a problem with the free market in general, we have rules against monopolies but not leveraged buyouts, they have ruined many companies. Government legislation is desperately needed but no football club should be allowed to operate at the highest level if there half a billion in debt. UEFA and FIFA should be enforcing that and those who mismanage clubs should be banned from operating football clubs. The bastards should be made to clear that debt from there own pocket before the club can compete in the CL or PL. Unfortunetly for varetiy of reason English football and European football in general decided to just sacrifice itself on the alter of big buisness at the beginning of 21st century and FA/EPL/EFL and UEFA and FIFA have lot to answer for in that regard, all of these football regulators are corrupt as f*** so I wouldn't hold my breathe of those sporting oranizion doing the right thing for the sport UEFA's latest CL proposals are just terrible, and UEFA are the folks that abolished the Cup Winners Cup in fist place which paved the way towards all these ugly things we have seen in past 22 years or so. 1. wide warity of questionable owners, Glazers, kronke, mansour, FSG, Abramovich, that guy at Burnley, etc 2. undeserved CL winners, ie clubs not not winning its domestic league in the season before, (just to mock this I have decided to dub them as Super League winners, Liverpool has two of those as they havent actually won proper European Cup since 1984), and before you mention 1998-99. I want point out that it was proposed to name United as winners of 1957-58 season after the Munich air Disaster when that was turned down by the English FA/EFL, it was suggested that United should get free entry into 1958-59 season and that was also turned down by the English FA/EFL, so I consider 1998-99 being full fillment of those old exceptional proposals. 3. The proposed Super League aka the Greed league etc. 4. More importance on top-4 than winning a domestic cup and dimished intrest in domestic cups (although the English FA has whole lot of responsiblity here themselves such as sending United to that ugly bastard of club world cup in 1999-2000 instead of allowing United to defend the FA cup. Semi finals at Wembley, aboltion of FA cup replays etc ) 5. Thrid place in CL groups (first stage in 1999-2000 to 2002-2003) droop into UEFA cup/Europa League. |
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