Bascombe- Americans to sell up?

[Jayesh87]

Yes of course DIC COULD afford to invest mega bucks into LFC but why would they. They would view LFC as they would any other investment which means they want to minimise spend and maximise profits. There's no way on earth DIC would cough up enough to buy LFC, fund the stadium and then give Rafa untold millions for the team. When it looked like DIC would buy us people close to them made that clear. Also remember the leaked document that said they'd sell us in 7 years times as they thought that would be the optimum selling point. Anyone thinking DIC would be knights on white horses saving LFC from the daterdly yanks is living in cloud cuckoo land IMO.

quality post

[desertscouser]

Yes of course DIC COULD afford to invest mega bucks into LFC but why would they. They would view LFC as they would any other investment which means they want to minimise spend and maximise profits. There's no way on earth DIC would cough up enough to buy LFC, fund the stadium and then give Rafa untold millions for the team. When it looked like DIC would buy us people close to them made that clear. Also remember the leaked document that said they'd sell us in 7 years times as they thought that would be the optimum selling point. Anyone thinking DIC would be knights on white horses saving LFC from the daterdly yanks is living in cloud cuckoo land IMO.

The voice of reason

[Cormack74]

Yes of course DIC COULD afford to invest mega bucks into LFC but why would they. They would view LFC as they would any other investment which means they want to minimise spend and maximise profits. There's no way on earth DIC would cough up enough to buy LFC, fund the stadium and then give Rafa untold millions for the team. When it looked like DIC would buy us people close to them made that clear. Also remember the leaked document that said they'd sell us in 7 years times as they thought that would be the optimum selling point. Anyone thinking DIC would be knights on white horses saving LFC from the daterdly yanks is living in cloud cuckoo land IMO.

Good points which have been made before, but which continue to be ignored by the Ostriches amongst us.

[Rashid]

The leaked document was denied and Ansari said he sought legal advice. But this keeps getting brought up. Funny it was "uncovered" by Mohir Bose who spent months trumpetting Gillett. Just Google it and see.

As for invesment well nobody knows what would have happened but they wouldn't be getting turned down for loans or getting itchy feet over money. That's a clear difference.

Lastly they knew a lot more about football than Tom "Man Ham" Hicks. Which is a key difference.

[sonsofthedesert]

The leaked document was denied and Ansari said he sought legal advice. But this keeps getting brought up. Funny it was "uncovered" by Mohir Bose who spent months trumpetting Gillett. Just Google it and see.

As for invesment well nobody knows what would have happened but they wouldn't be getting turned down for loans or getting itchy feet over money. That's a clear difference.

Lastly they knew a lot more about football than Tom "Man Ham" Hicks. Which is a key difference.

I thought they had admitted the document was true but people were misinterpreting it. It was supposed to be just for the banks to help with funding the purchase but they had not intention of selling.
Have to say though Rash that Sir Bob is right they aren't some white Knight that wil come in and save us as they will be in it to make money and wont spend stupid money.

[mancdetester]

The leaked document was denied and Ansari said he sought legal advice. But this keeps getting brought up. Funny it was "uncovered" by Mohir Bose who spent months trumpetting Gillett. Just Google it and see.

As for invesment well nobody knows what would have happened but they wouldn't be getting turned down for loans or getting itchy feet over money. That's a clear difference.

Lastly they knew a lot more about football than Tom "Man Ham" Hicks. Which is a key difference.

Why would Bose do that Rash ?
The best we can hope is that if dic take over , they will at least run the club in a professional manner( regardless of how much money they make along the way) it seems hopeless to expect the same of the yanks

[AFII]

The key point is that no one knows what DIC would have done or will do if they buy us.

It's all speculation.

They could use us in the worst possible way but they could also use us as something to make the brand DIC even bigger and that means that they would keep us and spend a lot of money on us.

It costs a lot of money to market your name and it really isn't that many better ways to do it than to build a fantastic stadium and own the best club in the world. It would bring a lot of goodwill to DIC and that's worth a lot of money.

They would earn more money long term that way than to build us up and then sell us.

[thekop]

The key point is that no one knows what DIC would have done or will do if they buy us.

It's all speculation.

They could use us in the worst possible way but they could also use us as something to make the brand DIC even bigger and that means that they would keep us and spend a lot of money on us.

It costs a lot of money to market your name and it really isn't that many better ways to do it than to build a fantastic stadium and own the best club in the world. It would bring a lot of goodwill to DIC and that's worth a lot of money.

They would earn more money long term that way than to build us up and then sell us.

[sonsofthedesert]

From the Daily post today:

Liverpool FC owners pledge: We will not sell club
Dec 26 2007 by David Bartlett, Liverpool Daily Post


LIVERPOOL FC owners Tom Hicks and George Gillett have told friends they have no “interest whatsoever” in selling their shares in the club.

They made their stance plain to friends and business associates after it was reported at the weekend that Dubai International Capital, who were bid rivals at the time Hicks and Gillett bought the club, were poised to take over because the Americans were allegedly having problems re-financing the debt taken out to buy Liverpool.

Last night, a source familiar with the situation said the report, which also claimed Rafael Benitez had been given until the end of the season before he was fired, was “utter nonsense”.

The source said that, early next month,Hicks and Gillett hoped to refinance the debt when they bought Liverpool in February.

They are also going to finalise their stadium design choice “between two world-class alternatives” before Saturday, January 12, said the source.

It comes after Hicks and Gillett were forced to scrap a futuristic stadium design because costs had soared.

The pair are also playing down the reported rise in stadium costs. It had been reported that the cost of the stadium had risen to £450m from £300m.

The source said stadium project costs crept up from a low £300m figure to mid-£300m number. It was only after that the owners told the architects to “value engineer” the scheme back down to the £300m mark. Last night, a source told the Daily Post: “Hicks and Gillett expect to close their new financ- ing in early January, and to finalise their stadium design choice between two world-class alternatives before January 12.Š

“They have no interest whatsoever in selling any shares, and Rafa and the owners have smoothed over a minor miscom- munication that the media blew way out of proportion.”

Dallas architects HKS, who were behind the spec- tacular proposals revealed in July, have been told to make their plan cheaper and probably less impres- sive. That stadium had the capacity to be expanded to 76,000.

And Manchester-based AFL, which was behind a previous proposal rejected by Hicks and Gillett because it was “obsolete”, was told to improve on its scheme for Stanley Park.

Both revised plans would have a capacity of around 70,000.

It is understood Hicks and Gillett are expected to re-finance the £220m loan used to buy the club.

The new £350m loan with the Royal Bank of Scotland would include £60m to get work on the new stadium started and £25m to cover the cost of last summer’s signings.

Despite this, stadium plans are apparently proceeding according to a revised schedule (that would see the new ground open in time for the 2011/12 season) in terms of the planning, design and initial construction.

Daily Post

[Rashid]

We are stuck with these clowns.

[Rich]

I think it's harsh calling them clowns - they haven't made a monumental **** up (yet!)

The stadium still looks like it's going to be a 70,000 seater and we have a squad which is arguably the clubs highest quality (considering you need 20+ class players, compared to 14/15 25 years ago.) I suspect that Rafa is happy with 90% of his squad... and if we bring in a player or two in the window, I think the Americans will have met their spending obligations.

[The Glove]

If they keep Rafa, sign Mascherano and I see a shovel in the ground in Stanley Park before the end of the season then thats good enough for me.

[Venton]

If they keep Rafa, sign Mascherano and I see a shovel in the ground in Stanley Park before the end of the season then thats good enough for me.

That would cheer me up no end as well. Guess we'll have to wait until the end of the season and see on this one.

[Alpha]

Just one more thing, that was another very intelligent post made by Alpha that don't add a thing to the discussion. He makes insults and then don't explain why. Very, very childish.

AFII, if there is one thing I have learn't with you, it is that there is no point wasting time or energy even beginning to explain anything to you.

Your theories are so ill-conceived that I never really know where to start anymore. I'm serious.

In addition, I'm no business expert so I know when to keep my mouth shut rather than speak bollocks and open myself to the ridicule I would deserve. I would advise you to do the same.

You don't need to be an expert to recognise when somebody has no idea what they are talking about.

[paulcooper4]

AFII, if there is one thing I have learn't with you, it is that there is no point wasting time or energy even beginning to explain anything to you.

Your theories are so ill-conceived that I never really don't know where to start anymore. I'm serious.

In addition, I'm no business expert so I know when to keep my mouth shut rather than speak bollocks and open myself to the ridicule I would deserve. I would advise you to do the same.

You don't need to be an expert to recognise when somebody has no idea what they are talking about.

AFII just pm`ed me to tell me your a ****house. Said he could take you with one dig