If reports are true, can anyone tell me why Gillett are only prepared to pay off £50m of our £80m debt? Were D.I.C going to pay off the debt completely? 
-
-
Their offer of £5,000 a share will then extend to all remaining shareholders, increasing their outlay on the shareholding to a total of £175m, and their plans will also involve inheriting £80m worth of debt and committing £215m to the construction of a new 60,000-seat stadium just a stone's throw from Anfield on Stanley Park."I have no idols. I admire work, dedication and competence." -
No one has gave me a satisfactory answer to why Gillet offered 5k when only 4k was on the table...
WTF is that about! Surely that 'over-spend' would be better suited to t/fer money or possibly more importantly stadium contingency?...
Don't take life too seriously or you'll never get out alive.Comment
-
-
-
-
That's the key mate. I bet that one is easy to understand. It's all to do with shareholders pocketing more money.Originally posted by Bob View PostComment
-
Originally posted by Bob View Post
I would assume that in order to entice our board when DIC's bid was still on the table they smacked that evaluation on the shares and stook by it, gentleman's agreement and all that.Comment
-
Probably because it made DIC sit up and say, "this guy is going to overpay for this investment, therefore we won't get into a bidding war" or words to that effect.Originally posted by Bob View Post
A bit like the person sitting at an auction, the item goes up in price by small increments, it goes, once, twice......then some **** comes in an offers a ridiculous amount and wins the auction because no-one is prepared to inrease their bid by so much.
That's how I saw it.Originally posted by Gordon Brown
(1995)Comment
-
Interestingly, £30m debt is roughly equal to £1000 a share
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"
Comment
-
Or, they can see the long term value in their investment and were desperate to buy the club?James Philip Milner Fanclub #1
Curtis Julian Jones Fanclub #1Comment
-
but the share holders will just walk away with the extra 1000 pound per share and we'd still have 30 million in debtOriginally posted by disco View PostInterestingly, £30m debt is roughly equal to £1000 a share
Comment
-
Sounds about right, I don't have a problem with that.Originally posted by Rocket View Postbut the share holders will just walk away with the extra 1000 pound per share and we'd still have 30 million in debt
We end up with 30 million pounds of debt whereas Man Utd ended up with what? 750million dollars of debt? And look at what has happened to them.Originally posted by Gordon Brown
(1995)Comment
-
True, and it wasnt £4,000 offered by DIC, it was £4,500Originally posted by sean_lfc View PostBill shankly to Tommy Smith after he'd turned up for training with a bandaged knee:
'Take that poof bandage off, and what do you mean YOUR knee, it's LIVERPOOL'S knee !'
"Sorry, boss, I should have kept my legs together," said Lawrence. "No, Tommy, your mother should have kept her legs together!," replied Shankly.
* After Tommy Lawrence had let in a fluke goal between his legsComment
-
Maybe they are only buying 62.5% (Moores & Granada?) there for only inheriting 62.5% of the debt.In the life, of a man, there are times and there are seasons.
There's a time to surf and there's a time to wax your board.Comment
Comment