Wednesday, August 25, 2010

A LIVERPOOL FAN WRITES

THESE ARE REAL LETTERS BEING SENT TO REAL PEOPLE BY REAL LIVERPOOL FANS THIS WEEK


Dear Mr. Hester,

I am e-mailing you as a concerned Liverpool fan, and indeed as a Liverpool fan who has been concerned about RBS' dealings with Liverpool Football Club and more particularly the 'owners' of the club, Tom Hicks and George Gillett for some time.

As a fan I have waited patiently for your bank, owned by the tax-payer to promptly and properly demand back the monies owed to the tax-payer by these two most disreputable football owners in British club history, and yet time and time again it appears that your bank (our bank, the tax-payer's bank) has refinanced their regime and thus perpetrated a moral wrong against a fabled British sporting institution of worldly fame, and its fanbase.

I have noted with interest the numerous presss reports detailing what is known of the current sales process and noted that the same press stories have carried word (not denied) that Hicks and Gillett have approached other banks to attempt to refinance their RBS loans. Furthermore other stories (not denied) have suggested that one of the agents of sale (BarCaps) are considering involving themselves in a refinance of the club with Hicks and Gillett.

I would wish to highlight to you my disgust should any of these eventualities come to pass and my intention should that happen to blame RBS and you personally and to seek to do all I can to have these matters made subject of a public and/ or Parliamentary inquiry. It is widely believed that RBS have the power (and have had for some time) to bring these matters to a head by seizing the security for their loans (Liverpool Football Club effectively) and then effecting a sale at a price that the market can bear. Given that Hicks and Gillett (despite apparently contrary assurances to you) appear not to be ready to sell the club at a price that the market can bear then morally I would suggest that this is the only option at present and an option that should be taken up. RBS will suffer no public backlash from Liverpool supporters for getting rid of Hicks and Gillett in this fashion, quite the contrary.

Please consider this e-mail and others you will no doubt receive from anguished Liverpool supporters and act accordingly.

Regards

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Dear All,

KOPFAITHFUL understand that when the Royal Bank of Scotland granted a six-month extension of the £237m loan with Liverpool Football Club in April, it was on the basis that the club’s American owners Tom Hicks and George Gillett provided firm evidence to RBS by July that they genuinely intend to sell the club.

We were therefore alarmed to read recent reports in the British press claiming without contradiction that the debt as of August 31 will be £282.4m - an alarming rise of 45.4m since April, and that the owners have been trying to refinance their massive debts with rival banks.

It is our belief that messrs Hicks and Gillett have no intention of selling Liverpool FC, and we have discovered that they have approached the following banks to seek refinancing: -
• Beach Point Capital Management
• Halcyon Group
• Blackrock
• Davidson Kempner Capital Management LLC
• Stone Tower Capital LLC
• Trimaran Capital Partners
• DE Shaw & Co
• Avenue
• Centrebridge Partners LP
• The Blackstone Group / GSO Capital Partners LP

We believe that the owners have undermined the sale process and have breached the terms of the refinancing agreement.We therefore urge ALL supporters to send an email saying NO TO REFINANCE FOR TOM HICKS AND GEORGE GILLETT to the following:

'Stephen.Hester@rbs.co.uk'; 'info@beachpointcapital.com'; 'uk.investor@blackrock.com'; 'broker.services@blackrock.com'; 'info@trimarancapital.com'; 'investorrelations@trimaranadvisors.com'; 'inquiries@deshaw.com'; 'recruiting-inquiries@deshaw.com'; 'media-inquiries@deshaw.com'; 'irweb@deshaw.com'; 'kari.elassal@deshaw.com'; 'donald.goodson@deshaw.com'; 'fkanga@avenueinvestment.com'; 'pgardner@avenueinvestment.com'; 'pharris@avenueinvestment.com'; 'bharris@avenueinvestment.com'; 'info@centerbridge.com'; 'hr@centerbridge.com'; 'hr@fbr.com'; 'fbcmir@fbr.com'; 'advisors@fbr.com'; 'media@fbr.com'; 'mmurray@fbr.com'; 'fbrresearch@fbr.com'; 'webproducer@fbr.com'; 'BlackstoneInvestorRelations@blackstone.com'; 'info@blackstone.com'; 'jon.laycock@barcap.com'; 'john.hourican@rbs.com'; 'roger.lowry@rbs.co.uk'; 'rebecca.oliphant@rbs.com'; 'richard.holliday@rbs.com'; 'gngillett@bcmgt.com'; 'ian.ayre@liverpoolfc.tv'; 'philip.nash@liverpoolfc.tv'; 'thicks@hicksholdings.com'; 'tohjr@hicksholdings.com'; 'martin.broughton@ba.com'; 'lisa@lemastergroup.com'; 'rick@lemastergroup.com'

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