Dubai International to make bid for Liverpool FC

[Reece]

**** sake....

Sack the Yanks then

Better

Except they can't actually be sacked as they are the owners.....

[Guest]

**** sake....

Sack the Yanks then

That's what we call a sheep.

[AFII]

Hold in a minute, Moores believed what they were saying, as nearly every Liverpool fan did. Surely they have pulled the wool over his eyes as much as ours?

(okay I admit he would have had more information to go on than we did but still...)

Moores could only go by the info he got from Parry. No one can really blame Moores in all this. Parry is a vampire that only was interested to save his job, and earn more money for his shares. The best for the club didn't interest him at all.

[Tee]

I am sure we will do what it takes to get these morons out of the club.

[Imy]

Hold in a minute, Moores believed what they were saying, as nearly every Liverpool fan did. Surely they have pulled the wool over his eyes as much as ours?

(okay I admit he would have had more information to go on than we did but still...)

Maybe the lying scum bags have pulled the wool over Moores' eyes but as you say he had more info to go with, he is /was a seasoned business man, he treated the Arabs in a very shoddy manner and due to this rushed the decision to sell to the yanks. Thank You Life President

[Tee]

I truly believe that Samir Al-Ansari feels just as bad about these guys as we do and will do what it takes - he will go the extra mile to get the club this time IMO. Ultimately it will depend on Hicks wanting to sell, and I am sure he will sell for the right price because he is a shallow cunt of a person.

[Guest]

Maybe the lying scum bags have pulled the wool over Moores' eyes but as you say he had more info to go with, he is /was a seasoned business man, he treated the Arabs in a very shoddy manner and due to this rushed the decision to sell to the yanks. Thank You Life President

No, you're wrong mate. He was binded by law to let the club hear about Gillett and Hicks bid. DIC didn't want an auction or whatever, so they pulled out. They still could have won it over at the time. That's why I'm sure they want back in. They probably feel they've made a big mistake.

[desertscouser]

**** off Hicks and take that **** Gillett with you.

Moores and Parry have a lot to answer for in my opinion. They sold the club to the wrong people and that's the bottom line. It's up to them to do everything possible to rectify their almight cock up. If they don't, and Hick's gets his way and saddles us with debts coming out of our ears then they deserve as much of the blame whether they had the wool pulled in front of their eyes or not. That's no excuse.

[Guest]

Moores and Parry have a lot to answer for in my opinion. They sold the club to the wrong people and that's the bottom line. It's up to them to do everything possible to rectify their almight cock up. If they don't, and Hick's gets his way and saddles us with debts coming out of our ears then they deserve as much of the blame whether they had the wool pulled in front of their eyes or not. That's no excuse.

I've thought long over that and I think it's unfair to lay the blame on Parry and Moores. Yes, they're responsible in a way, but they were obliged by law to listen to Hicks and Gillett's bid ! It was DIC who made a cock up as they withdrew their offer right away. They could have waited. Parry and Moores had no choice but to go for these clowns.

[JohnDoe]

On Monday, we need to make it clear that we want G&H ****ed off from our club. This is about saving the club from being loaded with crippling debts and it's about the fans of this club NOT accepting lies and incompetence from greedy business men.

That is "The Liverpool Way".

[Vermilion]

Just heard, & it was Talk Sport that reported it mind, that DIC will FUND Gillette to buy out Hick's, Sound's weird i know, & how true who knows, but its a twist in the tale.

[Morten_nogamst_Pedersen]

Just heard, & it was Talk Sport that reported it mind, that DIC will FUND Gillette to buy out Hick's, Sound's weird i know, & how true who knows, but its a twist in the tale.

That's what they write at .no too

[Pacman]

Why wont they just sell up.

We don't ****ing want them.

This is making me depressed.

I need Coops to spoon me and tell me everything is going to be ok.

[Jazzmaster]

http://football.guardian.co.uk/News_Story/0,,2242805,00.html

Liverpool's co-owner George Gillett will spend the next few days deciding whether to support a plan to buy out his partner Tom Hicks or throw his weight behind a refinancing package that would strengthen Hicks's hold on the club.
Gillett and his co-chairman Hicks have almost finalised terms on a £350m loan that would allow them to repay money borrowed for their £218.9m takeover, repay loans acquired to sign players last summer and commence work on their revised plans for a new stadium. The deal, with the Royal Bank of Scotland and US investment firm Wachovia, could be completed early next week providing the two Americans sign the terms on offer.


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After a period of instability unprecedented in Liverpool's recent history, Gillett is understood to have grave misgivings over his continued involvement with Hicks, the man he brought on board to secure the takeover last February but who has proved far from the silent partner he originally envisaged. A fresh dilemma for Gillett is that Dubai International Capital, the investment arm of the Dubai government, is now prepared to provide him with the financial backing to make an offer for Hicks's 50% stake in Liverpool.
DIC lost out in the pursuit of the former chairman David Moores' majority shareholding last February when its failure to meet agreed deadlines for the takeover enabled the Americans to succeed with a late and more lucrative bid. Though it withdrew acrimoniously from negotiations DIC has maintained its interest and, having baulked at a £150m asking price for a 15% stake last October, Sheikh Mohammed bin Rashid al-Maktoum's investment company now hopes to capitalise on the disunity in the hierarchy.

DIC is willing to join forces with Gillett in an attempt to persuade Hicks to sell his interest in Liverpool for a substantial profit. A source confirmed yesterday that a deal has been drawn up in principle and will be presented to the Americans before they put their signatures to the £350m loan. "It is a very delicate situation but DIC has reignited its interest," said the source. "The terms of the offer, which will be made to Tom Hicks, have been agreed and DIC are hopeful they will be finally be able to invest in Liverpool."

Major obstacles remain in the way of DIC gaining a financial interest in Liverpool, however, not least Hicks's insistence that he has no intention of selling up. There is also doubt over Gillett's determination to attempt to oust his business partner by agreeing terms with DIC. Gillett and Hicks both have an option to purchase the other's stake in Liverpool, although the former would require backing from Dubai to achieve that goal.

Hicks, owner of the Texas Rangers baseball franchise and the Dallas Stars ice hockey team, created further problems for the American regime this week with the revelation that both he and Gillett, owner of the Montreal Canadiens ice hockey franchise, had approached Jürgen Klinsmann last November as "an insurance policy" against the possible departure of the Liverpool manager, Rafael Benítez.

What was an attempt by the Texan to draw a line under the uncertainty surrounding the future of Benítez has proved hugely embarrassing for Gillett, who is disturbed by the furious reaction among Liverpool supporters it provoked, but it is how much of the £350m loan should be placed on to the club's books that is the fundamental problem.

Both Moores, who became honorary life president of Liverpool under the terms of the takeover, and the chief executive, Rick Parry, have blocked attempts to load all of the debt on to the club amid concerns at annual interest payments of £30m. Under the terms of the loan it is anticipated half will be burdened on the club and the rest secured against Kop Holdings, Gillett and Hicks's parent company, although that still represents a U-turn on their promise to use their own funds and not to adopt the Glazers' handling of Manchester United. The Americans will still require a further £300m loan at a later date to complete work on a proposed new stadium.

Gillett could exert pressure on Hicks to sell next week by refusing to commit to the refinancing package. Should Gillett agree to the loan, and sources yesterday insisted that he remains undecided, then Hicks - the driving force behind the stadium and the biggest threat to Benítez - will be empowered in his plans to bring the development to fruition in 2011 when he can demand a higher price for his stake.

[WILF]

I've thought long over that and I think it's unfair to lay the blame on Parry and Moores. Yes, they're responsible in a way, but they were obliged by law to listen to Hicks and Gillett's bid ! It was DIC who made a cock up as they withdrew their offer right away. They could have waited. Parry and Moores had no choice but to go for these clowns.

But they (Moores and Parry ) did have a choice, they could have said no.

They may have been obliged by law to listen, but they were not obliged to recommend acceptance of the bid.

Therefore they must shoulder a certain amount of responsibility