Looks like we have a new owner

[Neil Young]

Dhavlos, I have no idea who are the goodies and who are the baddies but why are you so convinced that DIC's statements aren't all just spin too?

[Slim]

The only good thing I hear about Gillett is that they would fund the new Stadium, get rid of debts etc. however there is no mention of how much funds will be available to rafa for players. imo I don't believe they have the sort of money we need to acheieve all of this.

Surely though if we get the stadium then money will be available for players as a consequence of the extra revenue generated? Obviously though its not the immediate cash injection for the squad we need now that DIC seemed to promise......

[nbryan1764]

This "bullied" stuff is obviously just Parry's spin. Having just gone through a period of due dilligence at work, I can tell you arbitrary deadlines are imposed on us all the time, but if both parties want to make the deal happen you work within those time frames.

They way I see it DIC didn't act at all irrationally or illogical. They've been negotiating exclusively with the club for 2 months at great expense, they had in place an agreement in principle, for all intents and purposes they thought the deal was simply about to be rubber stamped, yet the club comes back to them and says we want to talk to someone else. I'd be pissed off if I was them as well.

PS And another thing, Parry is a plank if he just expects us to follow him blindly without any kind of rationale or justification, after as you rightly say he sold us a dream and now they've decided just to accept the more lucrative offer.

why is it obviously Parry's spin?

[BobTheCharmer]

I'd prefer an all american boy to a crafty arab myself. Can't say I'm thrilled with either to be honest, but this is the way of football I guess. 100+ years of tradition and honour thrown out of the window for a quick buck. Football will be dead in 10 years.

[The_weatherman]

Dhavlos, I have no idea who are the goodies and who are the baddies but why are you so convinced that DIC's statements aren't all just spin too?

Aren´t they just pissed off and very sore losers and thus decided to throw some dirt on Moores and Parry? Looks like that in a way...

[dww]

Very possibly. But then I suppose DIC may have done this, in fact anyone who invests millions of points in a business may do this. Once you put yourself up for sale you are inviting this sort of thing.

Wasn't there a leak about the fact that it was a possibility in the DIC business plan. I think any group who come to the team with an interest in investing will consider it as an option in the medium to long term.

[Dhav]

Dhavlos, I have no idea who are the goodies and who are the baddies but why are you so convinced that DIC's statements aren't all just spin too?

You make a fair point. I think it's not the fact that I am so trusting of the Arabs, it's more that I'm deeply suspicious of our board and Parry and Moores in particular, so I'm more willing to accept what DIC say as opposed to our board.

What I am sure has happened is that Moores has yielded to pressure from the corporate shareholders who only cared about lining their pockets. I bet he and Parry still think the DIC option was best.

[tomasjj]

This "bullied" stuff is obviously just Parry's spin. Having just gone through a period of due dilligence at work, I can tell you arbitrary deadlines are imposed on us all the time, but if both parties want to make the deal happen you work within those time frames.

They way I see it DIC didn't act at all irrationally or illogical. They've been negotiating exclusively with the club for 2 months at great expense, they had in place an agreement in principle, for all intents and purposes they thought the deal was simply about to be rubber stamped, yet the club comes back to them and says we want to talk to someone else. I'd be pissed off if I was them as well.

PS And another thing, Parry is a plank if he just expects us to follow him blindly without any kind of rationale or justification, after as you rightly say he sold us a dream and now they've decided just to accept the more lucrative offer.

What do you think about the rumours that DIC came back with a revised offer after trawling out books?

[steveheighwayrobbery]

Do you think they'll throw a sausage roll up to me rather than me having to get out of my seat and queue for one?

used to be wrigleys in my day

[Neil Young]

You make a fair point. I think it's not the fact that I am so trusting of the Arabs, it's more that I'm deeply suspicious of our board and Parry and Moores in particular, so I'm more willing to accept what DIC say as opposed to our board.

What I am sure has happened is that Moores has yileded to pressure from the corporate shareholders who only cared about lining their pockets. I bet he and Parry still think the DIC option was best.

Fair enough, it's all speculation though isn't it?

I'm loath to trust any rich man to be honest, they don't get and stay rich by putting other people's interests first after all.

[nbryan1764]

I take your point, but what motivates someone who is not a fan to buy a club?

Ego. The fact that they can. Abramovich never stood on the Shed as a youngster and decided that when he was older and richer he would spend over £300m on players for the team that he loved. He did it because he could.

[Pacman]

You make a fair point. I think it's not the fact that I am so trusting of the Arabs, it's more that I'm deeply suspicious of our board and Parry and Moores in particular, so I'm more willing to accept what DIC say as opposed to our board.

What I am sure has happened is that Moores has yileded to pressure from the corporate shareholders who only cared about lining their pockets. I bet he and Parry still think the DIC option was best.

I agree with that.

I think Parry's hands are tied with all this and he has to act on Morres behalf. Parry has been beaming for weeks about DIC and I get the impression that the bloke is taking a lot of flak for Moores.

[Dhav]

What do you think about the rumours that DIC came back with a revised offer after trawling out books?

Mate this is what due dilligence is all about - you examine the books to determine the true values of the assets.

I mentioned in another thread that we've just been through due dilligence at work on property portfolio sale, where the initally agreed price was £260m and was negotiated down to £205m after due dilligence was completed.

[Jayesh87]

good morning

[tomasjj]

Mate this is what due dilligence is all about - you examine the books to determine the true values of the assets.

I mentioned in another thread that we've just been through due dilligence at work on property portfolio sale, where the initally agreed price was £260m and was negotiated down to £205m after due dilligence was completed.

I see, so then DIC could come back with a revised offer.

That makes it ever so much more understandable that other offers at least had to be considered, and not on a 12 hour deadline.