Whatever happened to due diligence when buying a club?

[Bob Stokoes Hat]

It took Quinny about 3 months.....it took Liverpool about 3 hours, its like buying a football club off the shelf!......explain? I thought the FA (or whatever) had rules on this i.e. fit and proper owners who must go through due diligence etc.

[oothefuknellsleeds]

step forward mike ashley

[Bob Stokoes Hat]

Originally Posted by oothefuknellsleeds

step forward mike ashley

Another one......and West Ham and Man City? Money talks, not common sense.

[ghost of shinton]

still subject to due dillegence & PL approval

weird scousers seem over the moon another american franchise have bought into them?

[Bob Stokoes Hat]

Originally Posted by ghost of shinton

still subject to due dillegence & PL approval

weird scousers seem over the moon another american franchise have bought into them?

Its very important that we get Liverpool back to the glory days thats why! If it were anyone else would the media be clammering like they are? Scousers make me sick.

[Enfield Exile]

Originally Posted by ghost of shinton

weird scousers seem over the moon another american franchise have bought into them?

aye but there's been no history of a american doing well with one of their sports franchises coming here has there.

Ah, hang on wasn't there the Glazers. That's worked well for the Mancs.]

They're still going to have to look to invest about £800-900Million before spending anything on the team (£300Mill debt, £500Mill stadium)