Beeb reckon £156m for the Takeover!

[RawRed]

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/6263933.stm

Not sure how this compares with the £450m figure that has been doing the rounds....

Anyway, good news

[lfc4ever]

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.

Moyes, who owns 51.6% of the club, made an initial investment of around £10m.

Interview: Liverpool chief executive Rick Parry

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.

[MrMichael]

Good news indeed. I think the £450m figure includes money for the new stadium.....

[Kloppster]

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.

Moyes, who owns 51.6% of the club, made an initial investment of around £10m. ????????????
Interview: Liverpool chief executive Rick Parry

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.

[Rich]

This £450m figure includes the deal to buy the club, paying off this newspaper figure of £70m debt, and then the cost of the stadium.

[hockin_monster]

http://news.bbc.co.uk/sport1/hi/foot...ol/6263933.stm

Not sure how this compares with the £450m figure that has been doing the rounds....

Anyway, good news

£156m is the value of the club based on Moores share which they are purchasing. There's then the £200m for the stadium which they are financing and the £80m of debt. That gets it closer to £450m atleast.

[red g]

so thats why he is sabotaging everton

[DeeGame]

[lfc4ever]

Just re-checked the beeb site, yup - still there, wasn't me!

Moyes does indeed own 51.6% of the club, funny how when I read it it seemed to say Moores, shows sometimes you only see what you want to see!

[DeeGame]

Just re-checked the beeb site, yup - still there, wasn't me!

Moyes does indeed own 51.6% of the club, funny how when I read it it seemed to say Moores, shows sometimes you only see what you want to see!

Its not funny

[lfc4ever]

They've now amended it.

Prob a wind up "easter egg" to see if anyone spotted it!

[PLY]

The true debt is not £80m , that is all debts without counting future income.
It will be interesting to see whether they try to take all the shares or just concentrate on Moores' controlling interest for the time being , I would have thought that if they plan to invest heavily then they will want to reap all the future rewards and not just a majority percentage.

[certifiable]

Just re-checked the beeb site, yup - still there, wasn't me!

Moyes does indeed own 51.6% of the club, funny how when I read it it seemed to say Moores, shows sometimes you only see what you want to see!

Is indeed, same thing happened with me

[lfc4ever]

Guy on Radio 5 just now says deal done by mid-day tomorrow, 100% of shares to be DIC owned.

[TheStig]

Guy on Radio 5 just now says deal done by mid-day tomorrow, 100% of shares to be DIC owned.