DIC have pulled out

[tomasjj]

http://blog.redandwhitekop.com/2007/...-a-man-can-get

[Dhav]

Chilli man, did you take the day off to fight the good fight?

People tend to look for someone to blame when they're disapointed.

What I don't get is why anyone can be so let down by the collapse of a deal they had no idea about...


Anyway, keep up the good work brother.

I'm getting so pissed off with this whole "lets not get disappointed until will know the full facts" attitude. People have every right to be cheesed off until Parry comes out and explains this fiasco after he told us this deal would take us to the next level

[Red Chilli]

I'm getting so pissed off with this whole "lets not get disappointed until will know the full facts" attitude. People have every right to be cheesed off until Parry comes out and explains this fiasco after he told us this deal would take us to the next level

Maybe Gillette's deal will take us to the nextest level

[BobTheCharmer]

I have been so angry since the DIC announcement that I have been unable to consider any rational post. I am still angry but need to get out some of my feelings. I have posted the following on the official LFC site. Doubt it will last long given the aenemic stuff on there. I assume censorship is at work. "I have never been so angry for many a year at the sheer incompetence displayed by Moores and the board of LFC in acting in such a way that DIC turned their back on the club. In spite of the assurances of Moores and Parry that they only had the interests of the club at heart it is clear that at the last greed triumphed and DIC were approached to up their offer for the club.Given that they had been given assurances that the deal they offered was to go ahead they viewed this as a clear breach of trust and reacted by withdrawing their offer.I don't blame them. Honourable people do not go back on their word. Moores did and we all suffer the consequences. DIC are now barred by stock exchange rules from bidding again within the next six months. The club are now left with only the Gillett bid on the table. The new stadium building needs to start by March to fulfil the timetable of the NWDA and European money. They will have to accept this bid to proceed. DIC are a multi billion pound organisation whose employees shared a love of LFC. Gillett is a 70? year old American with no previous record of an interest in football and LFC in particular. I have no doubt he calls the sport "soccer". He has a fortune at most of £500 million but is bidding £450 million for the club. He will not spend his own money on this . He will borrow it all and when he takes total control of the club he will load all this debt onto the books of LFC. The fans, via the club, will take on the repayments. Gillett will sit tight for a few years then he will take the club to the stock exchange and hope to make a killing. This is a nightmare scenario. An old, not particularly rich,American with no known love of football or LFC takes total control of our beleoved club. To allow this situation to develop is incompetence on a staggering scale and remember it took Moores and the board THREE YEARS to arrive at this outcome.Absolutely unbelievabe. And the root of it all-greed!" I do not want Gillett anywhere near this club.He is a poor mans Glazer. He is in for the money and only for the money and if Moores sells out to him it will be a triumph of greed over principle. So much for his love of the club.

TAKE A BREATH FFS!

[Gordy Boy]

[QUOTE=liverpool;268879 I have no doubt he calls the sport "soccer". [/QUOTE]

That'll be the clincher.

[Guest]

Trust us

Feb 1 2007

EXCLUSIVE by Chris Bascombe, Liverpool Echo

Rick Parry

LIVERPOOL chief executive Rick Parry today appealed for the fans’ trust as the club pressed ahead with George Gillett jnr’s Anfield takeover.

After the collapse of the Dubai International Capital investment, the board was unanimous in declaring Gillett the best option.

But his comments came as Irishman John Miskelly re-emerged as a rival bidder.

Parry insists Gillett should not be seen as a second choice, has ruled out a prospect of a groundshare with Everton, and has been through a thorough background check on his suitability.

He said: “The overriding message is: Don’t worry.

“Whatever decision is finally taken will be done so in the best interests of Liverpool Football Club. When we have more to say, we are sure it will be good news and the right news.

“We had a duty as directors to consider a very interesting bid from George Gillett. The price is not a factor in David Moores’s mind. He is not after cash for himself, absolutely not. But he felt compelled to consider the rival bid.

“The DIC response to this was to give the club 12 hours to make a decision, but the chairman was not prepared to have Liverpool Football Club bullied like that.

“We would also stress this is not a question of going for the second choice. David has always given George Gillett serious consideration while at the same time we didn’t want to rush into any decision, and we were aware DIC might walk away.

“George Gillett has made it absolutely clear to us he will not be in favour of a groundshare. There will be funding for the new stadium and a proper commitment to investment in the team.

“Be assured the only thing David Moores is concerned about is the club being in the right hands for the future. You can be certain he has done his homework carefully and will make a decision in the best interests of the club. The fans have trusted David to do the right thing in the past and can be sure that’s what he’s doing now. If they thought the Dubai bid was good, rest assured he is now considering a different course for the right reasons.”

Mr Miskelly, an executive box holder at Anfield, made a £220m bid for Liverpool last November, but has never been favoured by the club’s hierarchy.

The Northern Ireland entrepreneur values the club at £140m, but pledged a further £50m to pay the shortfall on the Stanley Park Stadium, and to hand an initial £30m to Rafa Benitez in transfer funds.

Miskelly, worth an estimated £150m, approached club accountants Price Waterhouse Coopers yesterday to confirm his offer is still on the table.

It’s clear the 41-year-old’s pockets are not as deep as Gillett jnr, but the Irishman argues his affinity with Liverpool and the transparency of his motives ought to make him a genuine contender.

A source close to Miskelly told the ECHO: “John has put a real offer on the table. He is a staunch fan with a hugely successful background who wants to be taken seriously as someone who can take the club forward.

“He has stayed in the background so far, and as fan was happy with the DIC bid. What’s confusing to him now is why anyone would pay £5,000 a share for Liverpool when the next offer is £4,000 a share?

“Surely it would make more sense to make a lower bid and invest the rest in the club and the team? Those who’ve seen the books know this is an overvaluation of the club, which is why we’d question the motives and like to be considered as a viable alternative.”

On possible alternatives to Gillett, Parry said: “We have not been left high and dry but the focus is on George Gillett. There are other expressions of interest but we hope to conclude a deal going forward with George Gillett.”

[disco]

“The DIC response to this was to give the club 12 hours to make a decision, but the chairman was not prepared to have Liverpool Football Club bullied like that."

Amateurs

**** 'em.

[Finnish_Red]

Amateurs

**** 'em.

Exactly, even Jack Bauer needs 24

[Pacman]

I'm sorry I don't believe him.

[DeeGame]

Exactly, even Jack Bauer needs 24

[DeeGame]

I'm sorry I don't believe him.

Neither do i

[Red Chilli]

I'm sorry I don't believe him.

Who Bascombe or Parry?

Anyway, it seems it's going to be GG* now






* not Gordon Gecko the wurzle.

[disco]

Neither do i

Why not? It's consistent with what happened : press release saying that they hadn't accepted DIC, followed by DIC withdrawing around lunch-time.

[Reece]

I'm sorry I don't believe him.

So you believe some Arabs over one of own? Interesting.

[tomasjj]

“We had a duty as directors to consider a very interesting bid from George Gillett. The price is not a factor in David Moores’s mind. He is not after cash for himself, absolutely not. But he felt compelled to consider the rival bid.

“The DIC response to this was to give the club 12 hours to make a decision, but the chairman was not prepared to have Liverpool Football Club bullied like that.


if this is true, it is unerstandable. DIC delaying for months, then demanding a 12 hour deadline is quite unfair.