Dear Guest
Thank you for visiting! est189 will soon be closing its doors (do forums have doors?) please visit the following thread - (to wail & cry perhaps?)
https://www.est1892.co.uk/forums/showthread.php?p=4002484#post4002484
Thanjk you.
Paul.S
ACtually, a few people have made a very good point that's been overlooked.
Gillet will have to take on any debt etc. like DIC intended to. Whether you like it or not, DIC will have required a return from this 'investment' (read 'loan'), just as a bank would (if, indeed, Gillet raises capital through a bank)
In other words, the financing is probably identical in all but our perception.
Quote of the year :
"With monkey me, dogface dishwasher bitch and chimp the ****ing champ you. We are turning into a raving party here arent we"
ACtually, a few people have made a very good point that's been overlooked.
Gillet will have to take on any debt etc. like DIC intended to. Whether you like it or not, DIC will have required a return from this 'investment' (read 'loan'), just as a bank would (if, indeed, Gillet raises capital through a bank)
In other words, the financing is probably identical in all but our perception.
agreed, the difference being if that debt needing clearing pronto, the DICs could afford to do so easily, wherease, I don't think Geillet could afford to, therefore, I see it being more risky.
I also can't see us being any better off than we are now if the yank buys us. Sure, we will have a new stadium, but we probably won't have any more spending power than we currently have. With DIC we could have operated on a higher level (not the ridiculous Chavs level, but at least compete with Manure)
Fair point, but minor assuming the club is an ongoing concern!
Something seems odd about it all.
You don't walk away after 3 months of due diligence in a fit of pique. You walk away due to pride, presumably because your offer (not just monetary, but future plans) wasn't any good and was likely to be rejected.
Something stinks about this '12 hour deadline'.
Last edited by disco; 01-02-07, 07:44 PM.
Reason: Clarified if a bit
Quote of the year :
"With monkey me, dogface dishwasher bitch and chimp the ****ing champ you. We are turning into a raving party here arent we"
agreed, the difference being if that debt needing clearing pronto, the DICs could afford to do so easily, wherease, I don't think Geillet could afford to, therefore, I see it being more risky.
I also can't see us being any better off than we are now if the yank buys us. Sure, we will have a new stadium, but we probably won't have any more spending power than we currently have. With DIC we could have operated on a higher level (not the ridiculous Chavs level, but at least compete with Manure)
Still feeling low about this today
Both DIC and the Yanks will/would have to borrow money to complete any deal - Their own assets would be ringfenced to offset any kind of losses that LFC could make etc. Either way would we woukd be in more debt than before.
The debt you refer to the need shifting quickly is a non starter as we would have to be in a position to sell rather than buy in the transfer window that has just gone You could class me in heavy debt as my mortgage is 3 times my salary and add that into other finance purchases you could say the same.
We have competed with the Mancs on spending power, however Rafa has bneeded to strenghten the team in more areas than the MAncs hence a number of purchases at a lower level. Plus any extra money added into the pot for players will surely be added to any debt level the takeover incurs.
If it happens it happens, if it doesn't it doesn't - Either way I'll still go week in week out and cheer the redmen on.
Fair point, but minor assuming the club is an ongoing concern!
Something seems odd about it all.
You don't walk away after 3 months of due diligence in a fit of pique. You walk away due to pride, presumably because your offer (not just monetary, but future plans) wasn't any good and was likely to be rejected.
Something stinks about this '12 hour deadline'.
Who knows, but hasn't someone mentioned Arab charachteristics and saving face, forcing the deal from their end as opposed to Moores. Also the offer on the the table I would presume would be extended to Morgan and granada - i wonder if they have made comment on the DIC deal ????
Who knows, but hasn't someone mentioned Arab charachteristics and saving face, forcing the deal from their end as opposed to Moores. Also the offer on the the table I would presume would be extended to Morgan and granada - i wonder if they have made comment on the DIC deal ????
Possibly, and presumably Morgan and Granada could sue the board if they felt that their interests hadn't been properly considered
In fact, for DIC (or whoever) to get a complete takeover wouldn't Morgan and Granada need to agree to the price?! They may have more power than people realise.
Quote of the year :
"With monkey me, dogface dishwasher bitch and chimp the ****ing champ you. We are turning into a raving party here arent we"
They way I see it, DIC wanted LFC to eventually make a profit on re-sale of the club, and that in the not too distant future, just about less than 10 years, and might have thought they could get us on the cheap now and make a larger profit later.
Gillett OTOH would seem to be in for the long term, much like franchise owners of the N American Leagues tend to do, but still making a profit (and thus making us profitable and able to compete etc) along the way.
ACtually, a few people have made a very good point that's been overlooked.
Gillet will have to take on any debt etc. like DIC intended to. Whether you like it or not, DIC will have required a return from this 'investment' (read 'loan'), just as a bank would (if, indeed, Gillet raises capital through a bank)
In other words, the financing is probably identical in all but our perception.
I think your right disco, sort of same loan different bank.
Deep down I think we are all pissed off at the Americans for many other reasons. I might add that in dubai there are some seriously shady goings on over there with respect to the use of what is tantamount to slave labour.
As I said, I haven't marked the forums read yet, I'm only on page 20 of trying to wade through the crap trying to separate the wheat from the chaffe.
Maybe have a sticky for "investment - serious discussion only" thread? free from all rants & raves and leave all the knee-jerk reactions to the daily threads?
I've got no idea how we should sort these threads out. Temporary investment forum anyone?
I could not dig, I dared not rob:
Therefore I lied to please the mob.
Now all my lies are proved untrue
And I must face the men I slew.
What tale shall serve me here among
Mine angry and defrauded young?
I've got no idea how we should sort these threads out. Temporary investment forum anyone?
Perhaps it would be best to merge the 3 or 4 threads that are going on the subject. It's a pain in the arse having to trawl through 4 seperate threads.
Maybe have a sticky for "investment - serious discussion only" thread? free from all rants & raves and leave all the knee-jerk reactions to the daily threads?
There isnt realy any serious discussion to be had right now though, none of us know anything about whats going on. Its all hearsay and bollocks so people are going to spout off all kinds of **** until we actually have something to seriously discuss.
Bill Oddie, Bill Oddie, put your hands all over my body.
I've got no idea how we should sort these threads out. Temporary investment forum anyone?
Good god no, no need for another forum, and it will be no different to what is happening now, posters won't move to a different forum to post about LFC and what is happening with breaking news.
What is needed is one decent thread on investment, (breaking news, discussion on options, merits etc) where serious discussion can take place without it going off topic or people saying I hate Parry or shut up you gimp type ****.
The rantings should still go on though of course, there are times when we need cathartic discussion to get it off our chest, but not in the main thread, those rants will still appear as something breaks in the news.
Sometimes threads will have to be merged, or posts even moved from one thread to another (prob mainly from serious to rants direction)
Perhaps it would be best to merge the 3 or 4 threads that are going on the subject. It's a pain in the arse having to trawl through 4 seperate threads.
I agree but at the same time, this is all we have to talk about and Im not sure I can be arsed with a monster thread.
Bill Oddie, Bill Oddie, put your hands all over my body.
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