Liverpool FC Forum

by **RUSHIE#9** » Mon Jan 22, 2007 3:40 pm

Anfield rapper wrote:
MASTER wrote:I am not trying to wind anyone up here, but why on earth does LFC need Rick Parry or David Moores at the club.
Remember it was Parry p***ing about which almost made Gerrard leave and David Moores IS only thinking about HIMSELF with all this S*** about a Life presidency which is exactly what Doug Ellis is to Villa now and is just a paper title and he is going to make a 70% profit either way out of OUR club.

I just think as long as we get our OWN stadium it shouldn't matter that the American want's to put his own people in charge, I mean let's face it what good has Rick Parry done for us with all his stupid negotiations with prospective buyers, in the past in fact he could still screw this DIC bid up anyway, just like Moxey at Wolves: In it for himself, sooner he is gone the better.

This american is bad news. Ground share + own people in charge = i want cash fast.

I think you've hit the nail right on the head there RAPPER.
Moores isn't in this for himself and him & Parry staying on can only be good for the club as it brings STABILITY. Yes Parry has made an odd cock-up here and there (Gerrard Situation 2 years ago) but just imagine what kinds of fuck-ups and seriously bad changes that some American who's only interest appears to be making a quick buck could make that would have serious implications for the club for years to come. If he gets in I shudder at the thought of where he could end up taking the club.

The DIC plans sound much more stable for the club in the immediate future whilst helping to move us on to the next step. From the few facts that have been released so far they are more committed to getting the stadium built ASAP for LFC alone. Money is going to be available for Rafa to spend and the current £80m debt will be taken care of. As far as we know about Gillette he's not got the money to remove the debt and as people are already saying on here he's going to have to do similar to the glaziers over at castle grey-skull and take on massive debt to take over.

I reckon it's all a massive plot to scupper our slim chances of winning the league this season by unsettling the club just as we are starting to breathe down the necks of the top two. :angry:

B@stards!!!

by **tubby** » Mon Jan 22, 2007 8:16 pm

Maybe its not as imminent as we thought.

Gillett Jnr set to make new Liverpool bid and delay DIC takeover
By Andy Hunter
Published: 22 January 2007
Dubai International Capital will be unable to complete their £450m takeover of Liverpool before the close of the transfer window after the American sports tycoon George Gillett Jnr last night re-emerged as a rival contender for control of the Anfield club.

Gillett Jnr, the billionaire former owner of the Harlem Globetrotters and current owner of the Montreal Canadians ice hockey team, was among several bidders rejected by the Liverpool board before they reached agreement with the investment arm of the Dubai government on a deal that would see DIC purchase majority control for around £155m, assume £80m of debt and fund a new 60,000-seater stadium close to the club's existing Anfield home.

Both Liverpool and DIC representatives, who were present at Saturday's Premiership defeat of Chelsea, had hoped to conclude the deal this month to release transfer funds for the manager, Rafael Benitez, and to enable work on the new stadium to start immediately. But those plans were placed on hold last night when Gillett informed Liverpool he was ready to make an increased bid for the club.

Though Liverpool's chairman and majority shareholder, David Moores, has agreed terms with DIC, Gillett is entitled by company law to register a rival bid once the Dubai group have completed due diligence, the period that grants a business exclusive access to the club's books. The Premiership club are also bound by company law to allow the 68-year-old the same period of due diligence that they gave to DIC, which will delay any takeover for at least another month.

Gillett is believed to be willing to pay £5,000 per share for Liverpool, which would value the club at £170m and £15m higher than the Dubai offer, but part of the attraction in the DIC bid for Moores is the offer of a life president's role for him once they take over, and the continuation of Rick Parry as chief executive.

Gillett, by contrast, would prefer his own people in the boardroom and has favoured sharing a new stadium with Everton. Moores, whose 51.6 per cent stake in the club means he can veto any offer, opposes such conditions.
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So if DIC take over, Moores and Parry stay and we get our own stadium and if the Yank wins then Parry and Moores are out and we could share a stadium with the bluenoses?

I havent really done any homework on him but he seems very aggresive like that Glazer fella. What do you all think?

by **tubby** » Mon Jan 22, 2007 8:34 pm

Takeover taken over?
Written by Ian O'flaherty
Monday, 22 January 2007
Seeing as Liverpool chief executive Rick Parry recently said that the DIC takeover was soon to be wrapped up, Liverpool fans may be somewhat surprised to hear that another bidder may yet assume control of the club.

According to reports in today's media, American tycoon George Gillett has signified his intent to purchase the club by offering shareholders £5,000 per share.

Gillett, no stranger to sporting ventures himself, seeing as he owns the Montreal Canadians ice hockey club, values the club at £172 million, and feels that £5,000 is a reasonable price to pay for each share.

It's not the first time Gillett has expressed an interest in taking over the Reds, but his earlier offer was dismissed by Liverpool chairman David Moores, who preferred the bid from Dubai International Capital.

But it would appear that the DIC takeover is becoming increasingly protracted, and Gillett thinks that he still might have a chance of his offer being accepted if further delays ensue.

Apart from DIC's apparent tardiness in tying up the deal, the fact that their bid values the club some at £16 million less than Gillett's might yet swing it in favour of the American billionaire.

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I dont know how much truth there is to these rumors or how far the deal is done but just supposing things go tits up and we end up with Gilette, does he have the funds to match the Sheikh?

by **J*o*n*D*o*e** » Mon Jan 22, 2007 9:17 pm

lets face it the yank has no chance if he thinks where going to share a ground with the blueshite, if he even thinks thats a possibility then it goes to show how out of touch he and his advisors are.

by **Effes** » Mon Jan 22, 2007 9:34 pm

J*o*n*D*o*e wrote:lets face it the yank has no chance if he thinks where going to share a ground with the blueshite, if he even thinks thats a possibility then it goes to show how out of touch he and his advisors are.

Agree 100%

by **red37** » Mon Jan 22, 2007 9:42 pm

Id be more inclined to look at it from the perspective of being a bit of 'angling' or a tactically announced 'kick up the ar5e' to D.I.C, if you like, to pull their finger out and get the documentation signed...nothing more than that. Cynics might suggest a chance that the Arab consortium may 'tweak' up their existing bid in an effort to finish off any supposed interest from the states...if you were of that frame of mind of course. Either way, i dont see a major problem here. As for questioning the motives of Moores...He may be a businessman thats true; but over and above that his interests lie in the good of Liverpool Football Club first and foremost.

by **112-1077774096** » Tue Jan 23, 2007 6:52 am

utlimatley guys david moores has the final ay in who buys the shares, if he chooses to sell to DIC then he can do that legally, even if the americans offer more, it is moores to decide who to sell to.

also does anyone really thin k he will sell to a company that will remove him, of course he will sell to DIC to keep his links with the club.

and as for groundsharing, we have already gone down that path and know moores is against it.

i think what we have here is a kick to get DIC moving, thats who he wants to sell to, he can say he doesnt want to sell to Gillet and its all over, they wont get to see the books, however until DIC say 'YES' moores has to listen to other offers.

as soon as DIC say yes then its all over and Gillet is out of the picture

by **account deleted by request** » Tue Jan 23, 2007 7:25 am

Dic are willing to pay £4500 per share, Gillette is willing to pay £5000 per share. Moores will personally gain an extra £9million minimum from a sucessfull Gillette bid. What would you do?

by **112-1077774096** » Tue Jan 23, 2007 7:29 am

9 million will not all that much to moores in the scope of things mate, he will decide on whats best for him an the club. he wants to remain his links and if that means giving ip 9 million squid then thats what he will do, also moores is a fan and will not want to see a ground share with the bitters.

he has already said who he wants to sell to, and thats what will happen even if he loses a few quid in the deal

by **account deleted by request** » Tue Jan 23, 2007 7:39 am

Oliver Kay in The Times

The proposed takeover of Liverpool by Dubai International Capital (DIC) remains on course, despite the re-emergence of George Gillett, the reclusive American billionaire, as a contender to buy the club.

Gillett, the owner of the Montreal Canadiens ice hockey franchise, wrote to the Liverpool board on Saturday informing it of his intention to make an offer worth more than £170 million, which in basic terms represents an improvement on the deal put forward by DIC, the private-equity investment arm of the state of Dubai.

Gillett has asked for the opportunity to undertake a period of due diligence, a request that Liverpool, under company law, are obliged to grant. But DIC remains the club’s favoured bidder, with an announcement expected next week on its offer, which includes a promise to underwrite the construction of a new £200 million stadium on Stanley Park.

David Moores, the Liverpool chairman, has signalled his willingness to accept DIC’s £80 million offer for his 51.6 per cent shareholding, one that would be extended to the club’s remaining shareholders.

Gillett’s bid would be more lucrative for Moores, but the chairman and his board members are unimpressed by the American’s proposals, which included the idea of sharing any new stadium with Everton.

DIC’s offer was expected to be made official at the start of this month, but the due diligence process has taken longer than expected.

Liverpool have finalised the signing of Sebastiàn Leto, the Argentine winger, in a deal worth £1.85 million. Leto, 20, who plays for Lanùs, had a medical on Merseyside on Friday, but will return to Argentina before officially becoming a Liverpool player on July 1.

Sounds like you are right peewee he is obviously not as greedy (or poor ) as me

by **112-1077774096** » Tue Jan 23, 2007 7:54 am

yes mate to us mere mortals 9 million is a lot of money, but when you are very rich its neither here nor there, they can make that easily in a safe investment

by **The Manhattan Project** » Tue Jan 23, 2007 9:10 am

Sharing a ground with Everton is like putting a roof rack holding a septic tank on your Ferrari

by **tubby** » Tue Jan 23, 2007 9:51 am

The Manhattan Project wrote:Sharing a ground with Everton is like putting a roof rack holding a septic tank on your Ferrari

Or another way to put it would be as Phil Thompson once described Michael Owens move to Newcastle:

Putting a silk hat on a pig.

by **Anfield rapper** » Tue Jan 23, 2007 10:31 am

Its starting to get on my tits a bit now. DIC came in wanting to tie it all up asap and now they're farting about. Whats wrong with them? We could have made some signings by now if this was all sewn up. And what a stupid fu*king law that is (we have to grant him due diligence, even if Moores isn't interested in the deal). He can take his ground share and shuv it. :angry:

by **crouchaldinho** » Tue Jan 23, 2007 11:10 am

Just trying to get my head round this - so does Moores HAVE to grant Gillette a period of due dilligence because his offer is higher than DIC's, in other words, if his offer was below that of DIC, could Moores just have told Gillette to eff off?? And if so, say DIC were to up their offer to higher than that of Gillette, could it then be signed over without Gillette being involved?

(confused!!)

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