Feeling towards G&H

[AFII]

My view on DIC was always that we would be a showcase for them. They would use the glory of LFC to promote them and their country. In contrast G&H are purely businesmen (who like sport and so like to make money in sport)

They would earn a lot more money that way than to just build us up and then sell us.

Why would they buy us and then sell us seven years later for a profit that more or less won't notice in their bank account?

That don't make any sense at all.

They would make a lot of good PR and goodwill by owning the best team in the world with a fantastic stadium.

That is worth a lot more than £300m or so IMO.

[sonsofthedesert]

I assume you haven't stayed at the Burj al Arab? or in fact the luxury hotels they have built in Dubai?

Also the guy in charge of DIC is a Liverpool fan.

Does the investment company dic own it? NO. so your comment has no relevance.

[sonsofthedesert]

My view on DIC was always that we would be a showcase for them. They would use the glory of LFC to promote them and their country. In contrast G&H are purely businesmen (who like sport and so like to make money in sport)

Didn't DIC say they wouldn't run the club like that?

[captainfog]

Didn't DIC say they wouldn't run the club like that?

Not that I can recall

[AFII]

Sounds fair to me....

Liverpool takeover concerns eased

The investment company interested in a takeover of Liverpool has dismissed allegations it plans to sell the club in 2014 after making a huge profit.

The claim against Dubai International Capital was made in an article in the Daily Telegraph and it also said funds for new players would not be available.

But a DIC source said: "DIC has not yet formally made an offer, never mind completed a deal.

"Certainly there are no plans to exit an acquisition not even yet bought."

The source added: "It (DIC) is a very serious investor with considerable resources at its disposal and the ability to take a long-term view.

"Equally, we believe that we understand the responsibilities that come with owning Liverpool Football Club.

"DIC has made it clear that, should a deal be concluded, it would not interfere in the day-to-day running of the club."

The takeover by DIC, an investment arm of Dubai's government, is supposed to be worth £450m and is expected to include £200m to build a new 60,000-capacity stadium.

"What DIC is doing is planning to make sure that, if a deal is done, Liverpool has the best possible funding in place going forward under DIC stewardship," said the source.

"This is particularly important as we would need to get on with the stadium early in 2007 and it takes time to sort out the necessary financing.

"This is also important in terms of making sure cash is available for the ongoing strengthening of the playing squad.

"Should DIC acquire the club, Liverpool will be well run, both on and off the pitch, and we are currently laying the groundwork to ensure that will be the case."

http://news.bbc.co.uk/sport2/hi/foot...ol/6213177.stm

[captainfog]

DIC..................sigh

[sonsofthedesert]

"This is particularly important as we would need to get on with the stadium early in 2007 and it takes time to sort out the necessary financing.

"This is also important in terms of making sure cash is available for the ongoing strengthening of the playing squad.

So even they admitted they were going to use debt. That would prove they weren't going to throw money at the club.

[AFII]

So even they admitted they were going to use debt. That would prove they weren't going to throw money at the club.

Eh, it don't say how they will finance it. They could use debt, who knows?

[Cormack74]

Sounds fair to me....

Liverpool takeover concerns eased

The investment company interested in a takeover of Liverpool has dismissed allegations it plans to sell the club in 2014 after making a huge profit.

The claim against Dubai International Capital was made in an article in the Daily Telegraph and it also said funds for new players would not be available.

But a DIC source said: "DIC has not yet formally made an offer, never mind completed a deal.

"Certainly there are no plans to exit an acquisition not even yet bought."The source added: "It (DIC) is a very serious investor with considerable resources at its disposal and the ability to take a long-term view.

"Equally, we believe that we understand the responsibilities that come with owning Liverpool Football Club.

"DIC has made it clear that, should a deal be concluded, it would not interfere in the day-to-day running of the club."

The takeover by DIC, an investment arm of Dubai's government, is supposed to be worth £450m and is expected to include £200m to build a new 60,000-capacity stadium.

"What DIC is doing is planning to make sure that, if a deal is done, Liverpool has the best possible funding in place going forward under DIC stewardship," said the source.

"This is particularly important as we would need to get on with the stadium early in 2007 and it takes time to sort out the necessary financing.

"This is also important in terms of making sure cash is available for the ongoing strengthening of the playing squad.

"Should DIC acquire the club, Liverpool will be well run, both on and off the pitch, and we are currently laying the groundwork to ensure that will be the case."

http://news.bbc.co.uk/sport2/hi/foot...ol/6213177.stm

Always thought that this was a clever way of pretending to deny the story without actually doing so.

[marcus50bucks]

Always thought that this was a clever way of pretending to deny the story without actually doing so.

[sonsofthedesert]

Eh, it don't say how they will finance it. They could use debt, who knows?

Read the bit i quoted, time to sort out financing,important for cash for players. all speak for debt.

[Imy]

Ok i don't want this to turn intoa for and against argument for DIC, here are it's holdings:

Holdings

DIC's investments across its divisions include:

Global Buy-Outs:

* The Tussauds Group - purchased in 2005 from Charterhouse Capital Partners for £800 million pounds ($1.5 billion). Subsequently sold in March 2007 to Merlin Entertainments for £1.03bn, though DIC now has a 20% in the combined company[1].
* Doncasters Group Ltd - On 2 March 2006, The Washington Post reported that DIC plans to buy Doncasters Group Ltd., a British precision-engineering company with plants in Connecticut and Georgia that make precision parts used in engines for military aircraft and tanks. The company said in a statement it is confident the U.S. government will approve its $1.2 billion offer. It said it was pursuing all U.S. regulatory approvals "as is customary for international business transactions of this nature."[2]. The acquisition was completed on 7 May 2006
* Travelodge - purchased the UK budget hotel group in 2006 for £675m (1.02bn euros). Now the fastest expanding hotel chain in the Europe[3]
* Mauser Group - purchased the German industrial packaging company in June 2007 for Eur 850m - one of the world's leading specialist packaging firms.

Financial services:

* Marfin Greek bank in which DIG has a majority stake
* Bank Islam DIG has bought Bank Islam and it is developing its own Islamic bank[4]

MENA Investments:

* Jordan Dubai Capital: A US$300 million private equity fund dedicated to investments in Jordan, launched in 2005.
* Ishraq: A US$ 150 million investment company focused on delivering the budget hotel concept across the Middle East, established in 2005.
* MENA Infrastructure Fund: Launched the US$500 million MENA Infrastructure as co-Anchor with HSBC in 2006.
* Rivoli Group: DIC is rumoured to have acquired a substantial stake in the UAE-based luxury goods retailer.

Public Equities:

* Daimler AG - acquired a 2% stake for $1 billion in German carmaker Daimler, making it the company's third largest shareholder in 2005.
* HSBC Holdings Plc: acquired a substantial stake in the world's leading bank group in 2007.
* EADS: acquired a 3.12% stake for $838 million in Europe's largest aircraft and defense manufacturer and Airbus parent company.[5]
* Mauser - acquired a stake for $1 billion
* Sony - acquired a 3% stake for $1.5 billion

This surely shows they mean business, look at the level of investment they have made.

[captainfog]

So even they admitted they were going to use debt. That would prove they weren't going to throw money at the club.

yes, of course they would use debt, the difference being that if needed they could pay that loan off with small change from their backpocket. I get the impression that G&H would struggle to raise that kind of cash without selling off assets etc.

Where as G&H would appear at the moment to be all mouth and no trousers I feel that the DIC boys would have been straight down the line. Look at the way they walked away from the deal when they felt they had been ****ed around by Moores.

[sonsofthedesert]

This surely shows they mean business, look at the level of investment they have made.

All I read there was they bought a few companies for large amounts, sold some for massive profit but nothing about them investing large amounts into those companies to make them better. There is no proof that they would have done that with LFC, they even said they would not do that.

[sonsofthedesert]

yes, of course they would use debt, the difference being that if needed they could pay that loan off with small change from their backpocket. I get the impression that G&H would struggle to raise that kind of cash without selling off assets etc.

Where as G&H would appear at the moment to be all mouth and no trousers I feel that the DIC boys would have been straight down the line. Look at the way they walked away from the deal when they felt they had been ****ed around by Moores.

You mean when Moores followed UK law and looked at G&H's offer and said because he was doing this he could not give an answer within 24hrs. I think this point is lost, they demanded an answer in 24hrs but Moores couldn't as he was leagally obliged to look at the offer and if he hadn't it could have been stoppe in the courts.
The only reason DIC would have to pay off the debt quickly is if LFC was failing, in those circumstances I don't think they would be so quick to thow good money at a bad investment.