Dubai International to make bid for Liverpool FC

[baz87]

Yes, but with the £105m secured loan on the club they only need to take on Kop Holdings debt. I realise it's ****ing around with numbers, but the structure might just be more appealing.

In effect the yanks would get a load of money for restructuring the club in a (financially) appealing and efficient (from a PE stance) way.

Possibly but either way the end product is the same with the value of both offers effectively being £400m

[disco]

Possibly but either way the end product is the same with the value of both offers effectively being £400m

Yes, but DIC only need to finance 70-75% of it. Agree that overall it's about the same, but both parties think they have a better deal and there might be genuine tax etc. benefits as well.

[Kilteragh]

Now reported on BBC as: Liverpool duo complete £350m deal

http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/7203724.stm

[Manofthebog]

Liverpool duo complete £350m deal

Gillett (left) and Hicks took over the club in March 2007
Liverpool's American owners Tom Hicks and George Gillett have finalised the £350m refinancing deal to secure their immediate future at Anfield.

The financial package is expected to help the duo repay money borrowed for their £218.9m takeover in March 2007.

It also means that the club can finally launch their long-awaited plan for a new stadium at Stanley Park.

BBC sports editor Mihir Bose said £60m of the package will provide the start-up money for the new ground.

The deal, which is expected to be announced on Friday, is seen as a reaffirmation of Hicks's determination to remain at Anfield along with co-owner Gillett, despite interest from Dubai International Capital (DIC).

Hicks will also feel he will be in a stronger position should he decide to sell in the future, dealing a blow to DIC's hopes of mounting a swift bid to take control at Anfield.

The American pair were the target of crowd demonstrations from Liverpool supporters unhappy with their regime during Monday's televised game against Aston Villa, with banners calling for DIC to mount a bid.

But Hicks, in particular, remained defiant in the face of protests and insisted he had no intention of selling his 50% share in the club.

[Roboklopp]

****ing *******s. what a great bit if news before i go to bed & in time for th w/e

[AFII]

It would also save G&H probably around £20m+ if they sold to DIC. The money they will have to pay to Rafa and his backroom staff and get in a new manager plus a new back room staff.

[Roboklopp]

Liverpool duo complete £350m deal

Gillett (left) and Hicks took over the club in March 2007
Liverpool's American owners Tom Hicks and George Gillett have finalised the £350m refinancing deal to secure their immediate future at Anfield.

The financial package is expected to help the duo repay money borrowed for their £218.9m takeover in March 2007.

It also means that the club can finally launch their long-awaited plan for a new stadium at Stanley Park.

BBC sports editor Mihir Bose said £60m of the package will provide the start-up money for the new ground.

The deal, which is expected to be announced on Friday, is seen as a reaffirmation of Hicks's determination to remain at Anfield along with co-owner Gillett, despite interest from Dubai International Capital (DIC).

Hicks will also feel he will be in a stronger position should he decide to sell in the future, dealing a blow to DIC's hopes of mounting a swift bid to take control at Anfield.

The American pair were the target of crowd demonstrations from Liverpool supporters unhappy with their regime during Monday's televised game against Aston Villa, with banners calling for DIC to mount a bid.

But Hicks, in particular, remained defiant in the face of protests and insisted he had no intention of selling his 50% share in the club.

Good copying and psting again AF II

[Morten_nogamst_Pedersen]

[pacman]Now, we are royally, royally ****ed[pacman]

[Manofthebog]

As the yanks would say - End Game.

[AFII]

From The Times
January 25, 2008
Owners, Tom Hicks and George Gillett Jr, close to putting house in order at Anfield

Oliver Kay

After a turbulent couple of months at Anfield, Tom Hicks and George Gillett Jr are close to stabilising their regime at Liverpool for the immediate future and will follow up their £350 million refinancing deal by revealing designs for the club’s new stadium and by attempting to secure a deal to sign Javier Mascherano on a long-term basis.

Hicks and Gillett have lost the good-will of many of Liverpool’s supporters during a harrowing eight-week period in which they have attracted criticism and hostility by approaching Jürgen Klinsmann, the former Germany coach, as a potential replacement for Rafael BenÍtez. With Dubai International Capital eager to take the club off their hands, the American tycoons have been under pressure to sell up, but, having resisted an informal offer worth £300 million for the club, they intend to proceed either today or on Monday with a refinancing plan that will represent the start of a charm offensive designed to repair the damage of the past two months.

As well as the refinancing deal with Royal Bank of Scotland – which, after objections from Rick Parry, the chief executive, and David Moores, the former chairman, will lead to £160 million, rather than the entire £350 million debt, being loaded against the club, with £190 million being covered by the owners’ guarantees – Hicks and Gillett will unveil revised plans for a 70,000-capacity stadium in Stanley Park. They are thought to be ready to award the contract to HKS, the Dallas architect whose original design was dropped last month because of spiralling costs. The new design is understood to fall within the club’s £300 million budget.

Hicks and Gillett are also preparing a long-overdue show of solidarity with BenÍtez. They are eager to be seen to be supporting the popular manager and are expected to provide him with the funds to secure the services of Mascherano. The Argentina midfield player is attracting strong interest from Juventus and Barcelona, both of whom are understood to have been in contact with Kia Joorabchian, the businessman at the head of the companies that own his economic rights.

Mascherano was quoted as saying in an interview in Argentina yesterday that “the time has come to move on” from Merseyside and that a move to Juventus would appeal to him, but Liverpool hope to persuade him to stay beyond his present 18-month loan, which expires at the end of the season.

Under the terms of his existing contract, Liverpool must pay Joorabchian £17 million to buy Mascherano outright and, although they still hope they may be able to negotiate on that price, there is an increasing willingness to secure his services in the long term. A deal will be facilitated if BenÍtez can raise £9 million by selling Mohamed Sissoko to Juventus, with a deal likely over the weekend.

http://www.timesonline.co.uk/tol/spo...cle3248303.ece

[Red_Al_77]

I'd say we now have 4 likely outcomes:

1. Both Yanks stay on until they get bored and cash in
2. Gillett sells out which undermines Hicks
3. DIC bid silly money this summer and buy the club
4. G&H fail to raise the capital for the stadium and sell up.

I'm hoping for 2 or 4, expecting 1 and now think 3 is a pipe dream.

[Rashid]

Fantastic News.... Moores and Parry can breath a sigh of relief (again) the ****ing shysters. But lets not give up lads, this will be a high for Hicks and its all down hill from here for him. We must never give up the fight to get these cunts out especially as we know we have ready made replacements.

[Red_Al_77]

As the yanks would say - End Game.

Checkmate

[Sarb]

Fantastic News.... Moores and Parry can breath a sigh of relief (again) the ****ing shysters. But lets not give up lads, this will be a high for Hicks and its all down hill from here for him. We must never give up the fight to get these cunts out especially as we know we have ready made replacements.

Are DIC maintaining an interest Rash?

[Sarb]

They are eager to be seen to be supporting the popular manager and are expected to provide him with the funds to secure the services of Mascherano.

Well thank you. Glad to see them dipping into their pockets ...................sorry taking out a £17m loan to buy Mascherano. Dumb ****s.