DIC have pulled out (continued)

[tomasjj]

but they are big Liverpool fans

well, talking like they do, they are not acting very mature
but they are probs just pissed off

[Dhav]

But isn't it funny the way this has ended in acrimony, recriminations and accusations? What does that tell you about the way our board conducts business?

[Resu]

Are they pissed of because Moores "lied" to them, or pissed of because they just missed out on a "bargain"?

[AFII]

Are they pissed of because Moores "lied" to them, or pissed of because they just missed out on a "bargain"?

That depends on who you believe.

[nobbylad]

Bull**** - if no formal offer was made no bid was accepted then no contracts signed. If you were selling your house and not exchanged contracts would you honour the offer you accepted subject to contract if someone else came along and offered you a lot more?

The DIC reaction is strange, I know they are not used to losing but to pick up their skirts and run away whilst spitting dummies in the direction of the Mersey by way of national press is highly unprofessional and makes any back tracking all the harder should they attempt to come back in.

All this bollocks about honour is ****ing ludicrous and they know it - business is business and if someone puts together an all round more attractive bid than you, you will lose to them, and actually the honourable thing to do is shake hands with the winner, congratulate them and move on not bitch about being out manouvered whilst spouting forth drivel about betrayal and dishonour.

All DIC have done in the last 24 hours is convince me that they were not the right people for our club.

Is the right answer.

Nobody was questioning why they pulled out so quick?

And it is bollocks to say that they were left in the dark and let down by the club. It's not the responsibility of the club to tell each investor the details of other offers.

Everyone is way over-reacting here....before Xmas it was Moores and Parry are fab and they've done the right thing over the years looking for the right investor. Then everyone gets dazzled by the DIC and throw a wobbly when the club continue to pursue the best deal for the club.

It's not rocket science, Moores and Parry (and the board) are doing what's right for the club, not their own, personal gain.

Just because people got sold on DIC doesn;t mean it's still the best thing for the club. None of you know anything about DIC, Gilette(sp) or any of the other potential investors, other than what you've read/heard re-hashed over and over again by people who are paid to write stories.

Maybe it's the emotional fan thing, but nobody seems to be seeing this in the cold light of day for what it is, a business deal.

[Resu]

It does.
The think I find difficult to belive is that DIC gets that angry with Moores just because he looks at another offer.
These people are big time business men, and will be used to things like this.
What I don`t belive is that it`s their pride that`s hurt, and all that honour crap. This is business and honour has very little to do with that.

[nobbylad]

It does.
The think I find difficult to belive is that DIC gets that angry with Moores just because he looks at another offer.
These people are big time business men, and will be used to things like this.
What I don`t belive is that it`s their pride that`s hurt, and all that honour crap. This is business and honour has very little to do with that.

They make it sound like they were doing us a favour and we ****ed them off.

What a crock of horse-****

[G]

It was posted on the previous page mate. Shall delete the dupe posts...

My apologies.did a quick scan but didn't see it.

[Mumsafan]

You must be mad, says DIC

Feb 2 2007

by Chris Bascombe, Liverpool Echo

DUBAI International Capital today launched a scathing attack on Liverpool's conduct, saying chairman David Moores had made a bewildering and shocking decision.

The fallout of the collapse of the deal intensified, with Dubai sources contacting the ECHO to put their side of the story in the days leading up to their withdrawal.

Anfield chief executive Rick Parry explained how Liverpool felt it was their duty to consider a rival offer from George Gillett jnr, and ultimately felt bullied into making a swift decision.

But a DIC spokesman has retaliated by suggesting chairman David Moores panicked at the 11th hour with a deal about to be sealed.

The spokesman said: "If the fans want to know what's happened, David Moores suffered what I can only describe as a mental aberration, just when the agreement was about to be reached.

"The fans are bemused, and we at DIC are just as bemused by the past few days.

"Liverpool Football Club has been looking for years and years for an investor, going through numerous suitors. They came to the conclusion DIC were the best people. We've been working closely with advisors for the last six to eight weeks, and spent a lot of time preparing a deal.

"We are genuine supporters who not only wanted to invest in the club, but to do so by keeping Mr Moores and Rick Parry in place. The announcement was going to be made this Monday.

"Then, 10 days ago, we heard from the press George Gillett had made another bid. No-one from Liverpool told us this, and when we asked what was happening they said they didn't know why a bid was made other than to muddy the waters.

"Then we read a formal statement from Liverpool announcing Gillett's bid last Friday. Again, DIC were informed by a journalist.

"This lack of communication made our guys tense.

"On Tuesday, we expected the board meeting to accept our proposals. Instead, we found out the board was discussing George Gillett's offer, once again through the press.

"Even on Tuesday night we could get no answers from Mr Moores and Mr Parry, even though we had a representative at the West Ham match.

"The people back in Dubai thought they weren't being told what's going on.

“There was no ultimatum given, but we did make it clear we needed to know quickly if the press conference was going ahead on Monday because DIC officials needed to know if they should book their flights.

"Once word got back to Dubai on Tuesday there were no answers from Liverpool, the word from on high was this is bad for our reputation and it all stops right now.

"We can't understand what had changed since December 4 when after a long search, Liverpool announced we were the best people."

DIC also raised questions about the merits of Gillett's proposals.

"We believe there will be more debt at a higher rate of interest. We can't understand why Liv-erpool would take such a risk."

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

I dunno who to beleive

I find this all quite unprofessional. I could go into reasons why but I think it's glaringly obvious.

[disco]

On which side Sara? Both?!

[Mumsafan]

On which side Sara? Both?!

The running to the press slagging us off all the time. This is the third article/ comment in as many days. They need to get over it.

[Reece]

Yes, I would. I have not gone back on my word a single time in my life so far.

[Red Chilli]

Yes, I would. I have not gone back on my word a single time in my life so far.

(copyright Michael Owen 2003/4)

[Manofthebog]

Bull**** - if no formal offer was made no bid was accepted then no contracts signed. If you were selling your house and not exchanged contracts would you honour the offer you accepted subject to contract if someone else came along and offered you a lot more?

The DIC reaction is strange, I know they are not used to losing but to pick up their skirts and run away whilst spitting dummies in the direction of the Mersey by way of national press is highly unprofessional and makes any back tracking all the harder should they attempt to come back in.

All this bollocks about honour is ****ing ludicrous and they know it - business is business and if someone puts together an all round more attractive bid than you, you will lose to them, and actually the honourable thing to do is shake hands with the winner, congratulate them and move on not bitch about being out manouvered whilst spouting forth drivel about betrayal and dishonour.

All DIC have done in the last 24 hours is convince me that they were not the right people for our club.

I'm with slap-head.

My kids have better manners, than these grown men.

[disco]

Here's a random thought - in what business deal that you've ever heard of does a seller keep you updated on a rival bidder?

DIC haven't a leg to stand on.