[OLD THREAD] Takeover finalised (Press Conf 2pm)

[tomasjj]

Yeah, you know, men in suits...

Oh Kurt..again.

[kurtangle01]

Oh Kurt..again.

It's early and I've just been kept up all night by a screaming baby!!

[kurtangle01]

well the 'suits' i saw all had LFC carrier bags.....sure the stuff they wanted to buy was out of stock though

Perhaps they were buying the shirts to ear at the P.C.

[Lecter]

Reds to sell today Feb 6 2007




by Mike Hornby, Liverpool Echo




AMERICAN moguls were at Anfield today to complete their historic buy-out of Liverpool FC.

George Gillett and Tom Hicks arrived at the ground early this morning for final formalities of the £470m takeover.

The ice hockey club owners were expected to be revealed as the first foreign owners of Liverpool FC today.

The proposed deal will bring an end to three years of speculation about the club’s ownership.

From TV companies to government of Thailand, builder Steve Morgan to Arab princes, the club has been widely recognised as one of the most significant sports investments of recent years.

On the market at a bargain price - in global terms - and offering a history of success which is second to none, businessmen have quickly recognised the club’s potential.

Despite being criticised by some fans for failing to move quickly enough, Rick Parry, urgently trying to raise enough cash for the spiralling bill to pay for a new stadium, has kept a level head and refused to be bounced into any quick deals.


In March 2004, builder and Kopite Steve Morgan offered £50m towards building of Liverpool’s Stanley Park stadium in exchange for an increased shareholding and influence at the club.

If Liverpool had accepted the money, it would have reduced their need to borrow heavily to fund the new stadium.

Parry and chairman David Moores refused, saying the bid massively undervalued the price of the club and still left it in debt.

In May 2004, he was invited to “exploratory talks” in Bangkok with Thailand’s billionaire prime minister Thaksin Shinawatra.

Parry stepped into the meeting room and saw before him not the legions of finance directors and lawyers which usually accompany such high level negotiations, but instead, a bank of press photographers and journalists ready to tell story to the world.

He quickly realised that Thaksin was more interested in using the LFC brand for PR in his home country than investment in the UK and returned home.

After a series of flirtations with Irish investors, the next big bid, worth £451 came from Dubai International Capital.

But weeks of painstaking negotiations and ‘due diligence’ collapsed after the crunch board meeting last week, leaving the Americans to step into the breach.

[DeeGame]

cheers chris

[Tee]

The most worrying aspect for me is that Gillet entertained the idea of stadium sharing - god knows what ideas he will be open to in the future if things do not go to plan.

[RedJedi]

So now there is only one question unanswered: What should be our last name?

I like the Liverpool Raptors, or the Liverpool Beatles

Gota be the Red Sox

[Kloppster]

Now that was bloody funny..

have to agree , excellent

[Fagan]

BBC 5 live New owners

Deal done

[nebbers]

5 Live Reporting Deal Done

First things first - A big thanks to Moores.

[Guest]

Already a thread on that. :whatever:

[Howard_lfc]

Wont be long now before the referee's are all wearing black and white stripes and we refer to the changing room as the locker room.

De-fence ! De-fence !

[captainfog]

First things first - A big thanks to Moores.

Shall we wait and see how things pan out first.

We might not be thanking him in 6 months time if these yanks ruin our club......or if DICs buy arsenal and lavish them with riches.

I'm not predicting that the above will happen, I just think it is a little early to congratulate Moores and Parry for pulling this deal off.

[DeeGame]

[Howard_lfc]

Already a thread on that. :whatever:

we are now "considerably richer than yaouw !!"