Bascombe- Americans to sell up?

[kurtangle01]

I have a feeling that it's Moores camp who feeds Bascombe his "exclusives", but that is my opinion.

Opinions are like asreholes. Everybody has one and the majority are full of ****.

[Venton]

According to Forbes they are worth £700M combined.. Hicks £450, and Gillet £250M - both have been bankrupt before.. and neither has much cash readies... they are individually in the Steve Morgan league and at least he supports us and knows his Man United from his Man Ham.

Forbes counts publicly represented assets - it's not a true indicator of investment potential.

[Rashid]

He doesn't really say much here though does he? He's only reporting what we already know. G&H have to strike a deal to finance the purchase of the club by February and they've missed a 'self imposed' deadline to do so. That doesn't mean they wont get the finance they require, does it?

We can all sit with fingers in ears and laugh at every journo going no matter how clued up they are or we don't. It's up to us individually I guess.

[kurtangle01]

We can all sit with fingers in ears and laugh at every journo going no matter how clued up they are or we don't. It's up to us individually I guess.

You panic if you want, mate. I'd prefer to wait and see the facts before I make judgment. No news is good news or is that good news is no news? Remember that. Good positive stories don't sell papers.

What's to say that they wont announce a new finance deal in January? I'm sure it's being worked on as we speak.

[sonsofthedesert]

According to Forbes they are worth £700M combined.. Hicks £450, and Gillet £250M - both have been bankrupt before.. and neither has much cash readies... they are individually in the Steve Morgan league and at least he supports us and knows his Man United from his Man Ham.

Hicks has NEVER been bankrupt.

Hicks is worth $1.3 billion according to Forbes (approx. £650m)
Gillett is worth ? as he isn't listed on Forbes list.

Forbes

[sonsofthedesert]

Here it is.. a bankruptcy in Argentina - on the 2nd page of a very good article on him.



http://findarticles.com/p/articles/m..._n9134756/pg_1

Sorry to say that doesn't mean he went bankrupt. That means a company he owned did. Very different matter.

[AFII]

He doesn't really say much here though does he? He's only reporting what we already know. G&H have to strike a deal to finance the purchase of the club by February and they've missed a 'self imposed' deadline to do so. That doesn't mean they wont get the finance they require, does it?

No it doesn't but they will probably need to sell one of Rangers, Canadians, Gillett Evernham Motorsports or Stars to do it. They need cash.

I can't see them do that.

They need to come up with cash now, not only companies or clubs, as security.

[kurtangle01]

Hicks has NEVER been bankrupt.

Hicks is worth $1.3 billion according to Forbes (approx. £650m)
Gillett is worth ? as he isn't listed on Forbes list.

Forbes

I looked Gillett up on wikipedia, not a great source of info I know, and they reckoned he was worth, if you combined all of his assets, £3bn.

[Rashid]

Hicks has NEVER been bankrupt.

Hicks is worth $1.3 billion according to Forbes (approx. £650m)
Gillett is worth ? as he isn't listed on Forbes list.

Forbes

Technically no, but many companies he has invested in have. Read that article. As for Forbes, maybe I saw the wrong year... he might be rich but he won't spend it on us.

kurtangle01 - Fair play might, you seem to think "bad news" = selling papers.

[sonsofthedesert]

Forbes counts publicly represented assets - it's not a true indicator of investment potential.

See my post mate, Gillet isn't even listed by Forbes and Hicks is worth $1.3bn accoding to them so RASHid is using his own facts. [AFII]cough[/AFII]

[sonsofthedesert]

I looked Gillett up on wikipedia, not a great source of info I know, and they reckoned he was worth, if you combined all of his assets, £3bn.

Yeah saw that and couldn't be bothered. Specially when your arguing with someone that thinks a company he owns goes bankrupt so that means either he has or many of his companies have.

[Rashid]

I looked Gillett up on wikipedia, not a great source of info I know, and they reckoned he was worth, if you combined all of his assets, £3bn.

Totally incorrect.

This is the Echo.

Sports fanatic believed to be worth $860mFeb 1 2007

AMERICAN businessman George Gillett Jnr, the prospective owner of Liverpool FC, is no stranger to major sports.

Gillett has invested in American football, basketball and skiing and is the owner of the Montreal Canadiens ice hockey team, having acquired an 80% stake in 2000.

The 68-year-old entrepreneur has been a sports fanatic since childhood, and has combined this love with business throughout his hugely successful career.

Born and raised in Racine, Wisconsin, Gillett moved into marketing and management after graduating from college and became a sales manager.

He took a post with the newly-created Miami Dolphins American football team and became a partner in 1966, eventually selling his 22% holding and going on to buy the bankrupt Harlem Globetrotters basketball outfit.

In 1985, he bought the Vail and Beaver Creek ski resorts in Colorado and built them into internationally-renowned holiday destinations and competition venues.

He has had business interests in the food industry – principally meat – and in TV and newspapers. He has founded or bought several companies and built up a fortune of around £500m.

He overcame local disquiet to become the first American owner of the Canadiens in 2001, buying the NHL franchise for around £130m.

Gillett has four sons and lives with his wife in Vail, and is believed to be worth an estimated $860m. Stories linking him with a takeover at Liverpool first emerged last October

[kurtangle01]

Technically no, but many companies he has invested in have. Read that article. As for Forbes, maybe I saw the wrong year... he might be rich but he won't spend it on us.

kurtangle01 - Fair play might, you seem to think "bad news" = selling papers.

It does though, doesn't it? In any walk of life, not only football, things are reported in the worst possible light by journalists. Sars, Bird Flu, Salmanella etc...

It happens all the time.

I know you revel in doom and controversy, rashid, as does AFII but the actual fact is no matter how much you think you know about the goings on at the club you know very little.

When things come out as fact then you will know. Until then it's no more than speculation.

In the mean time why don't you get on with supporting the team, eh?

[kurtangle01]

Totally incorrect.

This is the Echo.

But you said he was only worth £250m

[sonsofthedesert]

Totally incorrect.

This is the Echo.

So using your own words how does $860m translate into £250m. What exchange rate are you using. Interesting you state numbersthat are so inacurate but when you don't like what someone else has posted you go and get some facts which even make your posts look stupid.

This would mean that between them they are worth about £1bn and not the £700m you stated.