Gillett and Hicks disagreements?

[El Jefecito]

If you owned 51% of a company and you had two bids on the table.

The first bid...£250m
The second bid....£200m

Which one would you sell to?

You have a responsibility to the other share holders to accept the £250m bid. They won't care about what is best for the company long term because they will sell up and not be involved anymore.

Even if you love your company very much then you would probably accept the £250m bid. I would do that because the difference between the two bids is to big to ignore.

Give it up. You are vastly over-simplifying the whole situation. You are focusing on a single variable when there were many more in play.

[Red Chilli]

Sweet Jesus, can't you leave Moores alone AFII?

He's gone! You campaigned against Parry and Moores for years, eventually after years of searching for the right investor, Moores sold up. The reason it took him SO LONG was because a) he didn't want to sell up and b) he wanted to find the right people to sell to. Remember the "family silver" quote?

Moores loves LFC and did his utmost to take the club forward. You talk of the 8 million (or whatever figure you use) that he made on the sale. Do you think a man as rich as moores is motivated by 8 million pounds?
He personally loaned the money for Kuyt didn't he?

[Dero]

If you owned 51% of a company and you had two bids on the table.

The first bid...£250m
The second bid....£200m

Which one would you sell to?

You have a responsibility to the other share holders to accept the £250m bid. They won't care about what is best for the company long term because they will sell up and not be involved anymore.

Even if you love your company very much then you would probably accept the £250m bid. I would do that because the difference between the two bids is to big to ignore.

Bull****, you have the right to choose the lower bid if you think its better. It is not an auction where highest bid wins, but the best overall bid wins.

[Dero]

DIC had promised to build the stadium and give Rafa a lot of money, at least if you believe what Bascombe and the rest of the press said at that time. The same thing promised by G&H. The only difference is the price of the shares.

DIC 4k/share and G&H 5k/share.

Now you contradict yourself in a way because you say both offers were the same but for share price, so why would you not choose the ones paying more for the same thing?

[El Jefecito]

Now you contradict yourself in a way because you say both offers were the same but for share price, so why would you not choose the ones paying more for the same thing?

How about Voronin instead of death?

[Dero]

How about Voronin instead of death?

changed now

[Guest]

AFII can be a real pain in the arse if he wants it.

[loco_law]

AFII can be a real pain in my arse when he wants it.

[Guest]

I assume that he passes through your colon with flying colors then ?

[Rocket]

AFII can be a real pain in the arse if he wants it.

he makes bold statements and then tries to cover himself using IMHO. its quite funny really, he's usually well out of his depth

[AFII]

So why didn't Moores give LFC the £10m instead of loaning them the money?

£10m isn't that much for a man like Moores.

If he loves the club to bits then you would have thought that he could give us the money.

The price mattered very much IMO.

[Guest]

So why didn't Moores give LFC the £10m instead of loaning them the money?

£10m isn't that much for a man like Moores.

If he loves the club to bits then you would have thought that he could give us the money.

The price mattered very much IMO.

You would do a very poor business man !

[AFII]

You would do a very poor business man !

I know

All I'm saying is that Moores didn't only look at what is best for the club long term when he sold the club and that the big difference between the bids made a difference when he made his decision IMO.

The stadium deadline meant that he would have to make a quick decision when G&H made their bid.

You would also have to remember that Moores and Parry would have been out of the picture if we had sold to DIC. Now when they sold to G&H they are still connected to the club. Moores as life time President and Parry as our CEO.

[Pacman]

Bloody hell AFII still moaning about Moores I see

[Guest]

Bloody hell AFII still moaning about Moores I see

I have the increasing belief that he's got some sort of intellectual deficiency.