Hicks "wants to sell up"

[tomasjj]

This bit in quotes does seem a bit more like what we want to hear tho

Yes, it does.
There is still a feeling that they are dodging the subject a bit though.
Which is what makes me suspicious to their motives.

[AFII]

So Foster is more like a living email.

[AFII]

The exit strategy document was real and this is because the DIC group were looking for investment to buy the club. When people invest in the business the questions they ask are - how much money will I make each year from dividends and what will my investment be worth in the future if I decide to sell or to keep.

The exit strategy highlighted the fact that this club was a gold mine waiting to be discovered. By the move to a larger stadium, better commercial awareness and more lucrative TV contracts and thus much higher turnover the investors would have made a serious return on their investment.

As to selling LFC - i dont think that would happer. Liverpool Football Club is one of the greatest teams in the history of the game. We would be the jewel in the dubai crown.

How do you know that the exit strategy document was real?

It could have been planted there by someone, who knows? It could of course also be exactly what it looked like. A plan to make us number one and then sell us and get a large profit.

[sonsofthedesert]

How do you know that the exit strategy document was real?

It could have been planted there by someone, who knows? It could of course also be exactly what it looked like. A plan to make us number one and then sell us and get a large profit.

Read his whole post, he thinks it is because they wanted some funding and needed to show potential returns. There is a good chance they would never have sold up, but there is also the chance they would.

It is like G&H, they may sell up but I doubt it, as soon as the new ground is built and we have possible 76,000+ fans in it we could be making more than them on match day due to having more boxes than them, this coupled with less debt than them could make a bright future.

[Morph]

How do you know that the exit strategy document was real?

It could have been planted there by someone, who knows? It could of course also be exactly what it looked like. A plan to make us number one and then sell us and get a large profit.

I'm sure it was confirmed at the time it was real

[Cormack74]

I'm sure it was confirmed at the time it was real

Agreed. That was the impression given at the time.

[The Preacher]

I'm sure it was confirmed at the time it was real

It was confirmed as being genuine although the DIC group did say that they had no intention of selling us.

They simply wanted investor banks / financial institutions to see the potential that this deal would have had. All institutional lending facilities will eventually want to maximise one deal, sell their investment and head onto another.

Only banks want your business for 25 years - all others look at a 3 - 7 year exit strategy.

Parry screwed this up once and im sure if DIC come back it will be the end for him. I wont lose any sleep...

[sonsofthedesert]

It was confirmed as being genuine although the DIC group did say that they had no intention of selling us.

They simply wanted investor banks / financial institutions to see the potential that this deal would have had. All institutional lending facilities will eventually want to maximise one deal, sell their investment and head onto another.

Only banks want your business for 25 years - all others look at a 3 - 7 year exit strategy.

Parry screwed this up once and im sure if DIC come back it will be the end for him. I wont lose any sleep...

They wont come back. It is the Mirror trying to justify their own story when everyone is saying it is rubbish.

[Neil Young]

We're showing alot of animosity towards a man who's invested a lot. We're accusing him of being behind the turmoil and effort to remove benitez. What proof do we have? Surely he too deserves the benefit of doubt?

He's a friend of George Bush. That's pretty much enough for me.

[The Preacher]

They wont come back. It is the Mirror trying to justify their own story when everyone is saying it is rubbish.

that's just it - its now been reported in the telegraph and daily mail. I think there's more to this story than just smoke.

[sonsofthedesert]

that's just it - its now been reported in the telegraph and daily mail. I think there's more to this story than just smoke.

You mean these reports:

Liverpool co-owner Tom Hicks is preparing to sell his stake in the club, it was reported today.

Now it seems developments have reached a head with Hicks hoping to cash in on his investment, as reported in the Mirror.

They are both quoting the Mirror to cover their bases.

This being the second day of the story I would expect it to be in all the papers if they thought it could be true but every paper except the Mirror is quoting Parry and Hicks and saying that he will not sell.

[Darth Marty]

thread title should be amended now...or even better the whole thread locked down and deleted!

[The Preacher]

You mean these reports:






They are both quoting the Mirror to cover their bases.

This being the second day of the story I would expect it to be in all the papers if they thought it could be true but every paper except the Mirror is quoting Parry and Hicks and saying that he will not sell.

If they believed the story was a non-starter they wouldnt even have mentioned it - quoted or not.

[Morph]

that's just it - its now been reported in the telegraph and daily mail. I think there's more to this story than just smoke.

I believe what i read in the echo over any of those **** rags, and echo says he ain't selling, whether that means dic are preparing a bid is another question tho

[sonsofthedesert]

If they believed the story was a non-starter they wouldnt even have mentioned it - quoted or not.

The only paper touching it today is The Mirror, that should tell you everything. They would all run with it today if they had any belief it could be true. Also most papers haven't printed it.