Thank you for thinking about the best for the club Moores.

[captainfog]

I dont

important we keep someone who knows the LFC score

won't the Koptalk text updates do that for them?

[Kopite_Colin]

You're probably right Al - but I can't help feel we have missed the biggest boat we were ever likely to get offered. I really believe Moores and PArry (and the rest of the Board) have a lot to answer for on this one.

[matycowling1007]

Gillet is not on the 400 richest list, Hicks is with about 370 million quid.

Important thing to remember is that they are not plowing all thier own money in to the club, they are borrowing it. All speculation I know, we wont really know until the details of their bid are made public.

Like others I dont feel comfortable about this new deal, not because they are Yansk, I was a Kraft fan, just that Hicks specializes in leveraged buy outs, its what his company does.

Time will tell.

So are we looking at a glazer type takeover, us being in **** loads of debt ?

[Lecter]

Blackstones told me they could be had for £3000 in August....
I just don't believe Moores is trying to get as much money for himself and would be happier for the prospective buyer to spend his money on infrastructure and team rather than giving the cash to shareholders.

And something just doesn't ring true in all this business.
Can't wait for it to be concluded though!

Current trading value has little or no bearing on the price paid in a takeover

Its the norm for a premium price to be paid for shares when a takeover happens

I actually read a piece the other week that claimed that even at £4500 per share (rumoured to be DIC's proposed bid) this as a percentage over "trading value" (£3500) was lower than many premium prices that have been paid during recent takeovers

[Lucky]

The fact that DIC are now trying to buy Arsenal must tell us something. A real Liverpool fan would never consider such an option.

...if you believe The People
I personally think the british press are full of ****.

[thesilverfoxlfc]

Why hasnt Kraft moved i wonder?

He seemed to get on with Parry etc........

[Red Chilli]

So are we looking at a glazer type takeover, us being in **** loads of debt ?

well considering we're comitted to the new stadium and we've already got a fair amount of managable debt, I don't reckon we could be in more debt than we are now.
I see Hicks and Gillett as coming in to help us realise our marketing potential and being able to afford the new stadium and our debt whilst still being competitive in the transfer market.
I don't see them coming in and bank-rolling anything really, just helping the club to evolve. I want a club which is self sufficient, not one dependant on billionaires. I see this deal as providing that opportunity, much the same as I saw the DIC deal.

[Lucky]

Current trading value has little or no bearing on the price paid in a takeover

Its the norm for a premium price to be paid for shares when a takeover happens

I actually read a piece the other week that claimed that even at £4500 per share (rumoured to be DIC's proposed bid) this as a percentage over "trading value" (£3500) was lower than many premium prices that have been paid during recent takeovers

Yeah that makes sense.
The more bidders the higher the premium.
I just don't believe moores is after more money.
See my posts in the other thread as to what i think is happening...

[Jimthered]

So are we looking at a glazer type takeover, us being in **** loads of debt ?

All speculation at this point mate, but I would expect to see a similar deal , not price wise as Glazer spent a crap load of money on a load of crap .

I do suspect though, that they will borrow the money and then transfer it to the club. It makes business sense I guess, to get rid of the personal risk if it all goes bad.


I think Red Chilli summed it up pretty well in his post about already being in debt. And dont forget we would have gone deep in to debt without investment to pay for the new stadium.

End of the day, this deal makes me nervous for numerous reasons.

[Lecter]

Yeah that makes sense.
The more bidders the higher the premium.
I just don't believe moores is after more money.
See my posts in the other thread as to what i think is happening...

One of the whispers I've heard was to do with underwriting the stadium build

The rumour reckoned the club wanted a contractual guarantee that the cost would be born by DIC and or Makhtoum

The guarantee was never forthcoming

Gillett arrived on the scene and despite bidding a higher value his conditions werent favourable (groundshare etc..). Then Hicks joined in and they matched DIC's terms and delivered the guarantee to underwrite the stadium build

Dont know how true it is, but its a rumours thats doing the rounds in the financial sector in Liverpool

[ronan]

from shankslegend on rawk

I can confirm to everyone that Mr Moores has had his directors and Mr Hicks and Gillete at his home in Halsall for the past 2 nights, ignore the press reports that they arrived today, they arrived yesterday evening around 16:00hrs and went straight to his home before leaving Liverpool for London later on that night for a meeting this morning before returning back to Liverpool a few hours later.

No deal has been set just yet, but an official announcement of the yanks offer will be made to the stock exchange in the morning by the club and a pre prepared press release will be released first thing also onto the club website, the offer is round about 5k not 6k.

A report has been compiled in conjunction with LFC and their accountants, which will be sent to all shareholders stating the reasons why the offer should be accepted, this will also be released.

**PLEASE NOTE** although the offer will be made, there will be a period of 21 days that the shareholders will be given to accept the offer.

THANKYOU DAVID MOORES "MR LIVERPOOL FOOTBALL CLUB" YOU'LL NEVER WALK ALONE

[Red Chilli]

Do we need to announce it to the stock exchange seeing as we're not listed there?

[Jimthered]

One of the whispers I've heard was to do with underwriting the stadium build

The rumour reckoned the club wanted a contractual guarantee that the cost would be born by DIC and or Makhtoum

The guarantee was never forthcoming

Gillett arrived on the scene and despite bidding a higher value his conditions werent favourable (groundshare etc..). Then Hicks joined in and they matched DIC's terms and delivered the guarantee to underwrite the stadium build

Dont know how true it is, but its a rumours thats doing the rounds in the financial sector in Liverpool

I read something silimar, but not with as much detail as you provided. Cant remember where I read it, but it said there were problems with the stadium financing .

[Lucky]

interesting.
so according to this rumour DIC may have slapped the cost of the stadium onto the club in the form of debt, whereas Hicks will pay for it out of his pocket!

Not having a go like, but sounds pretty far fetched to me.
Thanks for sharing though!

[Red Chilli]

interesting.
so according to this rumour DIC may have slapped the cost of the stadium onto the club in the form of debt, whereas Hicks will pay for it out of his pocket!

Not having a go like, but sounds pretty far fetched to me.
Thanks for sharing though!

Why is it far fetched? DIC are looking for investment opportunities, it's much more sensible for them to put the cost of the stadium as the clubs debt rather than use their assets to pay it off.