Gillett back in the race.

[DeeGame]

He does it via Clickbank also.

Can i send a cheque

[Rich]

Johnny you tease!

[kurtangle01]

Can i send a cheque

Cash only.

[steveheighwayrobbery]

Gillett my arse. :

waxing is far more efficient dear boy

[Jayesh87]

US bid delay to Anfield takeover

Jan 22 2007

by Chris Bascombe, Liverpool Echo

THE American billionaire who wants to reopen the Merseyside shared stadium debate was today linked with a fresh bid to take over Liverpool.

George Gillett Jnr, owner of the Montreal Canadians Ice Hockey club, is understood to be ready to delay the imminent Dubai International Capital takeover by reigniting his interest.

Liverpool FC has already decided to accept the DIC offer worth £450m.

But under company law Gillett is allowed to bid for Liverpool once DIC have completed an exclusivity period in the due diligence process.

Those same regulations also dictate Liverpool must permit the American to undertake his own assessment of the club’s books.

It is unclear what Gillett’s motives are other than to muddy the waters and further delay completion.

Having indicated he wants the Stanley Park plans reassessed, and a shared stadium with Everton considered, his interest won’t be welcomed either by the club or the supporters.

The sports tycoon is poised to make a bid which values LFC at around £170m – slightly more than the £155m DIC are thought to value the club at.

Gillett had a previous bid rejected last year.

http://icliverpool.icnetwork.co.uk/0...name_page.html

:whatever:

[Pacman]

So basically he's just being a kunt

[Lecter]

DIC have "exclusive rights" to complete due dilligence according to statements released at the time so until they then decide that it's a no goer Gillett can't do a thing. The story is rubbish IMHO.

There seems some confusion as to the legalities of bids

Once the due dilligence / exclusivity period expires (upon DIC's formal bid) are we legally bound to open up our books to other interested parties who have expressed an interest in buying the club (such as Gillette). After Gillette completes his due dilligence Moores would then choose which deal to accept, hes not legally bound to accept the highest bid (at least I dont believe he is)

Or

Can Moores just accept DIC's bid thereby foregoing the need for Gillette to be allowed due dilligence, the argument have read elsewhere is the legal issue only apply to SE listed companies and not all PLC's

Either way its up to Moores to make the decision who he sells his shares to, then the individual investors will view the deal on the table and decide whether they wish to sell or not

The only problem I see with this Gillette bid is it might temporarily delay the takeover imo it will still go through and DIC will be the new owners

[DeeGame]

There seems some confusion as to the legalities of bids

Once the due dilligence / exclusivity period expires (upon DIC's formal bid) are we legally bound to open up our books to other interested parties who have expressed an interest in buying the club (such as Gillette). After Gillette completes his due dilligence Moores would then choose which deal to accept, hes not legally bound to accept the highest bid (at least I dont believe he is)

Or

Can Moores just accept DIC's bid thereby foregoing the need for Gillette to be allowed due dilligence, the argument have read elsewhere is the legal issue only apply to SE listed companies and not all PLC's

Either way its up to Moores to make the decision who he sells his shares to, then the individual investors will view the deal on the table and decide whether they wish to sell or not

The only problem I see with this Gillette bid is it might temporarily delay the takeover imo it will still go through and DIC will be the new owners

Cheers Chris.... have 5

[ElRobbie]

US bid delay to Anfield takeover

But under company law Gillett is allowed to bid for Liverpool once DIC have completed an exclusivity period in the due diligence process.

Those same regulations also dictate Liverpool must permit the American to undertake his own assessment of the club’s books.

I can't see that being true, the club is private, therefore have the option of selling or not selling, if they don't HAVE to sell then surely if they chose to reject the offer/approach from Gillett then why should they have to allow them to assess the clubs book, what would be the point, doesn't make logical sense?

[lfc4ever]

There's something on BBC News 24 at 5:45 tonight, might not be anything new, but they said they would reporting on "Liverpool investment" at that time.

[ronan]

what did they say then del?

[lfc4ever]

what did they say then del?

Sweet FA actually, some sports reporter and a business guru guy, did say that Gillet deal will be (has been) turned down though, and that us supporters are fed up with hearing about investment over the last 3 years.