Dubai International to make bid for Liverpool FC

[disco]

Fed reserve has slashed interest rate by 3/4 of a point

That could be bad news imo

Bad for whom?

[El Aguila Calva]

Long time lurker here (long, long, long time).

First things first. This is NOT inside information from any connected source.

It is, however, rational considered opinion from someone whose, well, erm, opinion is worth considering.

Was chatting to an aquaintance today, who is very high up in an Accountancy firm in the city. He has many years of experience of business takeovers etc., including football clubs.

His reasoning:

a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes.
b) Therefore they want to complete the refinancing first.
c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario.
d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt.

He sees only three likely outcomes:
1) Americans give in and accept an offer to sell before refinancing outcome is known.
2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price.
3) In his opinion the most likely. Americans will get the refinancing, and will then sell.

That's all.

[Fagan]

Fed reserve has slashed interest rate by 3/4 of a point

That could be bad news imo

Wouldn't that make the pound alot stronger against the dollar?
Surly that means the loan is now going to be more expensive to G&H.

[Rich]

Long time lurker here (long, long, long time).

First things first. This is NOT inside information from any connected source.

It is, however, rational considered opinion from someone whose, well, erm, opinion is worth considering.

Was chatting to an aquaintance today, who is very high up in an Accountancy firm in the city. He has many years of experience of business takeovers etc., including football clubs.

His reasoning:

a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes.
b) Therefore they want to complete the refinancing first.
c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario.
d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt.

He sees only three likely outcomes:
1) Americans give in and accept an offer to sell before refinancing outcome is known.
2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price.
3) In his opinion the most likely. Americans will get the refinancing, and will then sell.

That's all.

Please post more

[disco]

Long time lurker here (long, long, long time).

First things first. This is NOT inside information from any connected source.

It is, however, rational considered opinion from someone whose, well, erm, opinion is worth considering.

Was chatting to an aquaintance today, who is very high up in an Accountancy firm in the city. He has many years of experience of business takeovers etc., including football clubs.

His reasoning:

a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes.
b) Therefore they want to complete the refinancing first.
c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario.
d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt.

He sees only three likely outcomes:
1) Americans give in and accept an offer to sell before refinancing outcome is known.
2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price.
3) In his opinion the most likely. Americans will get the refinancing, and will then sell.

That's all.

Good post mate. If they get the refinancing, why would they then want to sell?

[Imy]

Long time lurker here (long, long, long time).

First things first. This is NOT inside information from any connected source.

It is, however, rational considered opinion from someone whose, well, erm, opinion is worth considering.

Was chatting to an aquaintance today, who is very high up in an Accountancy firm in the city. He has many years of experience of business takeovers etc., including football clubs.

His reasoning:

a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes.
b) Therefore they want to complete the refinancing first.
c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario.
d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt.

He sees only three likely outcomes:
1) Americans give in and accept an offer to sell before refinancing outcome is known.
2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price.
3) In his opinion the most likely. Americans will get the refinancing, and will then sell.

That's all.

Makes good sense that , lets hope your friend is correct.

[RedWolverine]

Long time lurker here (long, long, long time).

First things first. This is NOT inside information from any connected source.

It is, however, rational considered opinion from someone whose, well, erm, opinion is worth considering.

Was chatting to an aquaintance today, who is very high up in an Accountancy firm in the city. He has many years of experience of business takeovers etc., including football clubs.

His reasoning:

a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes.
b) Therefore they want to complete the refinancing first.
c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario.
d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt.

He sees only three likely outcomes:
1) Americans give in and accept an offer to sell before refinancing outcome is known.
2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price.
3) In his opinion the most likely. Americans will get the refinancing, and will then sell.

That's all.

Thanks for the info buddy

[Pablo]

Please post more

Yep agreed, good post, all makes sense. No more lurking from you please.

As far as the refinancing goes. It seems we are best to hope it fails forcing the Yanks to sell the club ASAP before the lose it to the bank.

[El Aguila Calva]

Good post mate. If they get the refinancing, why would they then want to sell?

It's the other way around. They want to sell, therefore they want to get the refinancing first, so that they can (they hope) get a better price. Opinion is divided as to whether they are correct or not.

[Imy]

Yep agreed, good post, all makes sense. No more lurking from you please.

As far as the refinancing goes. It seems we are best to hope it fails forcing the Yanks to sell the club ASAP before the lose it to the bank.

Yep DIC get the club cheaper and spend the money they saved on buying Kaka (in my dreams hey)

[El Aguila Calva]

Yep agreed, good post, all makes sense. No more lurking from you please.

As far as the refinancing goes. It seems we are best to hope it fails forcing the Yanks to sell the club ASAP before the lose it to the bank.

1) Thanks
2) But that's what I do
3) Not the way I see it. Doesn't seem to matter too much either way. Although that would be for the best as far as calming sentiments among the faithful is concerned.

[Roboklopp]

Long time lurker here (long, long, long time).

First things first. This is NOT inside information from any connected source.

It is, however, rational considered opinion from someone whose, well, erm, opinion is worth considering.

Was chatting to an aquaintance today, who is very high up in an Accountancy firm in the city. He has many years of experience of business takeovers etc., including football clubs.

His reasoning:

a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes.
b) Therefore they want to complete the refinancing first.
c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario.
d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt.

He sees only three likely outcomes:
1) Americans give in and accept an offer to sell before refinancing outcome is known.
2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price.
3) In his opinion the most likely. Americans will get the refinancing, and will then sell.

That's all.

Took a long, long time...but worth it.

Seems reasonable. Fingers crossed, altho looks like this could drag on & on (as long as your wait to post if we're unlucky).

As an aside, just seen the Brad Hicks sig -was looking for an avatar for some reason. Another great response there too.

[disco]

It's the other way around. They want to sell, therefore they want to get the refinancing first, so that they can (they hope) get a better price. Opinion is divided as to whether they are correct or not.

Makes sense, could well be true and is certainly feasible.

[Tom]

Long time lurker here (long, long, long time).

First things first. This is NOT inside information from any connected source.

It is, however, rational considered opinion from someone whose, well, erm, opinion is worth considering.

Was chatting to an aquaintance today, who is very high up in an Accountancy firm in the city. He has many years of experience of business takeovers etc., including football clubs.

His reasoning:

a) In the current state, with deadlines around the corner, the Americans are in a "forced sale" situation. This is not good for them as far as negotiating a better price goes.
b) Therefore they want to complete the refinancing first.
c) But then they will try to sell, from their new position of (slightly greater) strength as it will no longer be a "forced sale" scenario.
d) The refinancing however will cost £30m-ish in arrangement fees etc. So DIC will be trying to persuade them to sell now to avoid that increased debt.

He sees only three likely outcomes:
1) Americans give in and accept an offer to sell before refinancing outcome is known.
2) Americans fail to achieve refinancing. In which case they will be forced to sell for a lower price.
3) In his opinion the most likely. Americans will get the refinancing, and will then sell.

That's all.

very good.

[Sadgeek]

It's the other way around. They want to sell, therefore they want to get the refinancing first, so that they can (they hope) get a better price. Opinion is divided as to whether they are correct or not.

Yep, refinance first then sell up.

The arrangement fees would in all likelihood be added to the debt, whereas the money that they sell the club for would be straight in their pocket. Individually, they would make the most this way.