Liverpool FC Forum

by **MASTER** » Thu Jan 11, 2007 1:41 pm

Paul Fairclough was talking on talkSport last night, he reckons it is nearly done.

by **zarababe** » Sun Jan 14, 2007 11:51 pm

Great news re: the takeover -

Here's Parry talking to the BBC: (nice to hear him say it

)

http://news.bbc.co.uk/media...._bb.asx

Onwards and upwards, this is gonna be a great year

by **stmichael** » Mon Jan 15, 2007 8:52 pm

MASTER wrote:Paul Fairclough was talking on talkSport last night, he reckons it is nearly done.

what does the barnet manager know about anything?

by **zarababe** » Mon Jan 15, 2007 9:58 pm

Liverpool close to £156m takeover
By Mihir Bose
BBC sports editor

Liverpool are on the verge of agreeing a £156m takeover by the investment arm of Dubai's government.

The club's board of directors will discuss the final proposals by the Dubai International Capital Group at a meeting on Tuesday.

The deal, which will net chairman David Moores more than £75m, is close to bring completed, but is not expected to be finalised until next week.

Moores, who owns 51.6% of shares, made an initial investment of around £10m.

DIC has almost completed its due diligence, but Liverpool are keen to get the deal done in time to allow them to bring in some new players before the closure of the transfer window on 31 January.

It is unclear what level of investment in players will be made available to manager Rafael Benitez should the deal go through.

On Sunday, Liverpool chief executive Rick Parry said the deal was "not a quick fix, a rich man's play-thing. It's a long-term model for success, based around the new stadium".

"This will take us to the next level," he added.

by **ste123lfc** » Mon Jan 15, 2007 10:02 pm

I thought the deal was supposed to be £450m unless £156m is for the club and the rest is for the new ground. If so it still seems alot for a ground, ashburton grave only cost about £100m.

by **A.B.** » Mon Jan 15, 2007 10:04 pm

ste123lfc wrote:I thought the deal was supposed to be £450m unless £156m is for the club and the rest is for the new ground. If so it still seems alot for a ground, ashburton grave only cost about £100m.

The 156 million is only to buy the shares alone, that's not including 80 million for debts and fees and about 210 million for the actual stadium.

by **zarababe** » Mon Jan 15, 2007 10:07 pm

DIC need 90% of the shares to keep the club privately owned. This means buying the other shares and investing in the stadium and players side too. So the deal is likely to be close on £450m

by **A.B.** » Mon Jan 15, 2007 10:08 pm

zarababe wrote:DIC need 90% of the shares to keep the club privately owned. This means buying the other shares and investing in the stadium and players side too. So the deal is likely to be close on £450m

I just said that

by **zarababe** » Mon Jan 15, 2007 10:12 pm

I was typing it while you posted it

by **ste123lfc** » Mon Jan 15, 2007 10:30 pm

Cheers for that, but lets not have a domestic.

by **Aaron** » Mon Jan 15, 2007 10:48 pm

I'm getting excited now with the takeover, at first i wasnt sure but now it is nearly complete, i cant wait until Rafa goes and spends money on quality players. Obviously he wont pay rediculous amounts for players but with the believed £80 million to spend there is plenty of quality that can be bought, just look at the fee for Dirk Kuyt and he has been superb

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