DIC have pulled out

[Mumsafan]

Something I don't understand, why could Moores have just said to the board - (in a cartman style voice) - "Screw you guys I'm going home" and walk off with 80mil?

Cos he'll have been trying to please everybody

[tomasjj]

Gillett can also now offer less as it is a one horse race.

Of course it is not a one horse race.

[Morph]

We are back to square one. End of.

There is no way Moores will sell to Gillet. Simple as.

Don't go getting my hopes up

[dww]

People have seen how well they've done in other areas tho whereas we haven't with Gillet.


Godolphin - major success

Harlem Globetrotters - disaster leading to bankruptcy


That's how people see it

Thats fair but along with that perfectly rational explanation there has been some anti-American sentiment. It makes me a bit uncomfortable.

It is fair to say though that Gillet built himself up to being a billionaire once if not twice though. it's not as if he has no pedigree in business.

[Mumsafan]

Thats fair but along with that perfectly rational explanation there has been some anti-American sentiment. It makes me a bit uncomfortable.

It is fair to say though that Gillet built himself up to being a billionaire once if not twice though. it's not as if he has no pedigree in business.

If he hadn't developed a knack of losing it every time he built it up I wouldn't be so bothered

[Morph]

Cos he'll have been trying to please everybody

Why please everybody, as long as he's doing right by the club then **** the rest of them.

I've a feeling theres moores to this than meets the eye

[dww]

Its more to do with the debt glazer enforced on the scum when he took over there.

People dont want the same to happen to us IF gillett took over

Both bids would have involved large amounts of debt. It's just how big businesses work.

[johnly]

I'm absolutely gutted. I hope DIC reconsider although that probably won't happen. Why did the other board members not agree? What is there not to agree on? DIC wanted to do good things with the club. Respecting traditions and wanting whats best on the pitch as well as making the club an even better business prospect. What will Gillet do? Who knows, I have heard that his hockey team is a massive, well run, successful business both on the ice and in the bank.

We wait and see, again!

[lfc4ever]

And not a friggin dickiebird from LFC again, they should have got in first and now they have to play catchup with a PR exercise.

They are disastrous at this **** sometimes.

[DeeGame]

STATEMENT FROM DUBAI INTERNATIONAL CAPITAL LLC

Dubai International Capital LLC (‘DIC’) today announces that it has decided to end negotiations with Liverpool FC & Athletic Grounds plc (“Liverpool”) about a possible investment in the club.

Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board. The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders.

As part of this negotiation and at the request of the Liverpool board, DIC tabled detailed proposals regarding the financing, construction and delivery of the new stadium for the start of the 2009/10 season. In addition, DIC was also prepared to give assurances regarding funding for new players, at levels above what the club had previously budgeted for. However, despite providing all assurances that were requested of DIC, it appears that the Liverpool board was unable to recommend our proposed offer to the shareholders.
Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC is a serious investor with considerable resources at its disposal. At the same time, we are supporters - of the game and of the club. Liverpool's investment requirements have been well publicised and, after a huge amount of work, we proposed a deal that would provide the club with the funds it needs, both on and off the pitch. We were also prepared to offer shareholders a significant premium on the market price of the shares. However, we will not overpay for assets.

“Liverpool is the most successful football club in English football history. It exists to win things for its supporters. It deserves to be in the hands of people who support it, who understand its history and legend and who share the enthusiasm and passion of its fans. As businessmen, we move on. As fans, we hope that the new owners would share the same vision as we had for LFC and, of course, in realising the new stadium that is so badly needed to ensure the club can continue to compete at the highest level in the Premiership and Europe. I am sure I will be back at Anfield with my family soon to support my team, as I have done so in the last 30-plus years. In the meantime, I wish the manager, the players and everyone connected with the club the best of fortune for the challenges ahead and will make sure that I am there the day they lift the Premiership trophy.”

Nooooooooooooooooo

[Morph]

If he hadn't developed a knack of losing it every time he built it up I wouldn't be so bothered

Donald trump declared himself Bankrupt once, and now he's worth $4bil

[Bob]

Why please everybody, as long as he's doing right by the club then **** the rest of them.

I've a feeling theres moores to this than meets the eye

[Rehan]

im sooo f*cking pissed off, its all that americans fault, f*cking ****.

[rbt]

Sheikh Mohammed was angry with Liverpool's courting with American tycoon George Gillett who is expected to make a revised takeover bid.

Bose said: "Mohammed is a very angry man and that is why he has pulled out. He was given assurances by Liverpool that they would go with them but the talk of other offers has unsettled him and he has pulled out."

[Diego]

if that **** George Gillett even utters the words ground share again, i will cut off his balls...