'Smart Club' Liverpool won't be like 'spendthrift' Man City.Byline: ANI London London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. , Sep.16 (ANI): Liverpool co-owner Tom Hicks
spree, fling - a brief indulgence of your impulses as carried out by Manchester City. Hicks Hicks , Edward 1780-1849. American painter of primitive works, notably The Peaceable Kingdom, of which nearly 100 versions exist. told The Times: "You have to look 'cash flow' rather than accounting - and we intend to operate Liverpool where it has a very strong positive cash flow, so we have the resources to be as competitive as possible on the pitch." "We had strong, positive cash flows last year. Our debt levels are at a very comfortable level, and we are going to continue bringing it down.Our goal is to have less debt than any of the top clubs, and that's a commitment we have made and will continue to make," The Independent quoted him, as saying. Hicks also said that City's huge outlay on signings is not sustainable. "They won't continue to invest like that, because it doesn't make good economic sense. They will make the improvements they need to make and then run it more like a business. The smart clubs operate for the long term, and you have to look at who have had success for many years," he said. (ANI) Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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