ENGLISH PREMIER LEAGUE
- Thread starter synical dj
- Start date
Swansea City and Cardiff City, both play in the Championship and are Welsh teams. And yes technically Wales is its own country. They are less separated from England than Scotland but they are still their own country. Both teams used to be in the Welsh league but now they play in the Championship, with the possibility of promotion into the EPL. So if they are allowed to play in England then y not Celtic & the Huns?
thats kinda true,you SHOULD be able to,but its kinda hard when it makes me not want to watch futbol PERIOD.theres maybe 2 teams in the MLS that are decent to say the least.the womens arsenal team in england could probably beat half of the MLS teams.id rather watch the mexican league.european futbol is jus on a completely different level,light years away from the garbage here
I don't think any woman's team could hang with any men's team of any league. I was just saying, as far as women's soccer goes, Arsenal ladies are the baddest around.
And Timmy Howard has always been a beast. I like watching Everton play Villa because they both have American keepers. The first leg of that match up (3-2 to Villa) was a great game. Ashley Young scored in the dieing seconds to seal the deal after a crazy bicycle kick from Lescott. Felt bad for Timmy because his defense played horribly all night.
And Timmy Howard has always been a beast. I like watching Everton play Villa because they both have American keepers. The first leg of that match up (3-2 to Villa) was a great game. Ashley Young scored in the dieing seconds to seal the deal after a crazy bicycle kick from Lescott. Felt bad for Timmy because his defense played horribly all night.
i just read that Liverpool reported an annual loss of $42 million pounds.. lol
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By Ken Ferris
LONDON, June 4 (Reuters) - Liverpool's parent company, owned by Americans Tom Hicks and George Gillett, made a loss of 42.6 million pounds ($69.75 million) last year mainly due to interest payments to service the debt taken out to buy the club.
The annual accounts for Kop Football (Holdings) Limited released by Companies House on Thursday and reported by British media also included a warning from the Premier League club's auditors KPMG LLP.
The accountants said remaining uncertainty over the refinancing of an existing 350 million pounds loan before the July 24 deadline "may cast significant doubt on the group's and parent company's ability to continue as a going concern".
The accounts for the year ending July 2008 showed Liverpool made a 10.2 million pound profit but Kop Football (Holdings) Limited lost money after paying 36.5 million in interest.
Despite Liverpool posting a record turnover of 159.1 million pounds, the club's net debt -- not including that of the holding company -- jumped from 43.9 million to 86 million.
REFINANCING DEAL
The accounts also showed the net debt of Kop Football (Holdings) Ltd rose to 299.5 million pounds.
However, KPMG said the club's owners Hicks and Gillett, who took control of Liverpool for 218.9 million pounds in February 2007, were confident of securing a refinancing deal.
In their notes to the accounts KPMG said: "The group has credit facilities amounting to 350 million which expire on 24 July 2009. The directors have initiated negotiations to secure the replacement finance required by the group and these negotiations are ongoing.
"These conditions ... indicate the existence of a material uncertainty, which may cast significant doubt upon the group's ability to continue as a going concern, and it may therefore be unable to realise assets and discharge liabilities in the ordinary course of business.
"Nevertheless, after making full inquiries and considering the uncertainties described above, the directors have a reasonable expectation that the group will secure adequate resources to enable the group to continue in operational existence for the foreseeable future."
(Editing by Ian Ransom; To query or comment on this story email
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By Ken Ferris
LONDON, June 4 (Reuters) - Liverpool's parent company, owned by Americans Tom Hicks and George Gillett, made a loss of 42.6 million pounds ($69.75 million) last year mainly due to interest payments to service the debt taken out to buy the club.
The annual accounts for Kop Football (Holdings) Limited released by Companies House on Thursday and reported by British media also included a warning from the Premier League club's auditors KPMG LLP.
The accountants said remaining uncertainty over the refinancing of an existing 350 million pounds loan before the July 24 deadline "may cast significant doubt on the group's and parent company's ability to continue as a going concern".
The accounts for the year ending July 2008 showed Liverpool made a 10.2 million pound profit but Kop Football (Holdings) Limited lost money after paying 36.5 million in interest.
Despite Liverpool posting a record turnover of 159.1 million pounds, the club's net debt -- not including that of the holding company -- jumped from 43.9 million to 86 million.
REFINANCING DEAL
The accounts also showed the net debt of Kop Football (Holdings) Ltd rose to 299.5 million pounds.
However, KPMG said the club's owners Hicks and Gillett, who took control of Liverpool for 218.9 million pounds in February 2007, were confident of securing a refinancing deal.
In their notes to the accounts KPMG said: "The group has credit facilities amounting to 350 million which expire on 24 July 2009. The directors have initiated negotiations to secure the replacement finance required by the group and these negotiations are ongoing.
"These conditions ... indicate the existence of a material uncertainty, which may cast significant doubt upon the group's ability to continue as a going concern, and it may therefore be unable to realise assets and discharge liabilities in the ordinary course of business.
"Nevertheless, after making full inquiries and considering the uncertainties described above, the directors have a reasonable expectation that the group will secure adequate resources to enable the group to continue in operational existence for the foreseeable future."
(Editing by Ian Ransom; To query or comment on this story email
