Dubai International to make bid for Liverpool FC

[Vermilion]

It`s not a personal attack mate,I just don`t believe the ordinary public can e-mail Hicks.He must have some sort of screen(His secretary).

Does'nt matter if HE does'nt read them personally, just let them know we'll be Boycotting merchandise or something, or you HATE him for his 'broken promises'.....NOT LIES...Just incase. I'm gonna do it now, short but sweet 'HICKS OUT'.

[paulcooper4]

oh....

Bet that was juicy.

I never swore!

[el matador]

Liverpool set for new buy-out bid

fresh from bbc website - total buyout

Dubai International Capital - the investment arm of the Dubai Government - is to launch a £500m bid to buy Liverpool Football Club.
BBC Sport understands the offer is in the process of being made to American co-owners George Gillett and Tom Hicks.

DIC was originally thought to be ready to make an offer for Hicks' 50% share, despite his insistence that he is unwilling to discuss a sale.

But DIC is now poised to make an offer for the complete buy-out of the pair.

DIC were close to buying the club in January, but pulled out when Liverpool moved into advanced negotiations with Hicks and Gillett.

But Gillett and Hicks' reign has caused turmoil on and off the pitch at Liverpool, and DIC have always maintained their interest despite the collape of the previous deal.

Gillett and Hicks are currently attempting to finalise terms on a £350m loan that would enable them to repay money borrowed for their £219m takeover, repay loans used to sign players, and enable them to start work on a re-scaled plan for a new stadium in Stanley Park.

DIC's offer will be made swiftly to present the American duo with a get-out clause before they take out the massive loan.

Hicks, in particular, is under pressure after being subjected to heavy criticism from fans following public disagreements with popular manager Rafael Benitez, and his public admission that talks had been held with Jurgen Klinsmann about possibly succeeding the Spaniard.

And Liverpool fans will turn up the heat on Gillett and Hicks with an orchestrated protest at Monday night's game against Aston Villa.

Website website Reclaim The Kop issued a statement claiming they were "not fit to be associated with our club" and banners criticising the Americans and calling on DIC to launch a bid were held aloft on The Kop during the FA Cup win against Luton.

A spokeman for the Americans said on Thursday: "Any suggestion Hicks and Gillett are contemplating a sale of the club or any portion of it is categorically untrue."

[CAD]

if this is true why the fu*k did these cun*s by the club? so potentially we get no stadium and they put their purchase of the club on its books. Fu*k Moores and the horse he rode in on. Talk about killing the thing you love. How could he have ever sold the club to these two motherf*ckers?

LFC will get the stadium one way or the other. It's a must if you want to develop the business. The revenue must increase. If G&H can't get a loan which include financing the stadium they will be forced to sell. That said it's a nobrainer that they will be able to get a loan which include money to start building. The question is whether they will do what it takes ei. put up collateral if it turns out that it's necessary. If Moores condemn them in public they will be dead in the water and probably forced to sell. I think that the rift between Hick and Gillett is based upon this. The Texas cowboy wants to go ahead and put debt on the club and then ride it out when Moores goes public with his anger. The more cautious Gillett is very apprehensive and scared of what the fans might do if they lose the backing from old silverspoon.

Of course there is no written deal that they can't put the debt on the club. It has to be nonsense for a number of reasons.

[enema of the state]

Hick's spokesman said that the credit crunch hadn't affected them.

can you please post a link to the quote youre referring to - all im aware of was a statement to the effect that the global credit crisis wouldnt jeapardise the satdium which is very different.

It'd be somewhat miraculaous if what you are relaying were true, the credit crunch effect EVERYONE....perhaps it might be corporate posturing aimed to influence a sale price for the club.

[Liverta 78]

on the ball today el matador! that was quick. Please make it true...

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/7197675.stm

[enema of the state]

The dollar - sterling exchange rate when GG&TH took over was $1.94/1.95 = £1

Didnt see the figures today but yesterday is was $1.9678 = £1

Not a massive difference

that represents around an 8% increase in the last 6 weeks: ie the $ was worth 8% less 8 weeks ago when the loan negotiations would be being conducted. thats very significant on a loan of the size in question

[StevieJ]

I see on some other sites that the G&H loan seems to have been approved (no definite confirmation yet though) and the BBC are reporting DIC are to make a £500m bid to buy the club as a whole:

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/7197675.stm

[el matador]

on the ball today el matador! that was quick. Please make it true...

http://news.bbc.co.uk/sport1/hi/foot...ol/7197675.stm

gracias hombre, gracias

[desertscouser]

Dubai International Capital - the investment arm of the Dubai Government - is to launch a £500m bid to buy Liverpool Football Club.
BBC Sport understands the offer is in the process of being made to American co-owners George Gillett and Tom Hicks.

DIC was originally thought to be ready to make an offer for Hicks' 50% share, despite his insistence that he is unwilling to discuss a sale.

But DIC is now poised to make an offer for the complete buy-out of the pair.

DIC were close to buying the club in January, but pulled out when Liverpool moved into advanced negotiations with Hicks and Gillett.

But Gillett and Hicks' reign has caused turmoil on and off the pitch at Liverpool, and DIC have always maintained their interest despite the collape of the previous deal.

Gillett and Hicks are currently attempting to finalise terms on a £350m loan that would enable them to repay money borrowed for their £219m takeover, repay loans used to sign players, and enable them to start work on a re-scaled plan for a new stadium in Stanley Park.

DIC's offer will be made swiftly to present the American duo with a get-out clause before they take out the massive loan.

Hicks, in particular, is under pressure after being subjected to heavy criticism from fans following public disagreements with popular manager Rafael Benitez, and his public admission that talks had been held with Jurgen Klinsmann about possibly succeeding the Spaniard.

And Liverpool fans will turn up the heat on Gillett and Hicks with an orchestrated protest at Monday night's game against Aston Villa.

Website Reclaim The Kop issued a statement claiming they were "not fit to be associated with our club" and banners criticising the Americans and calling on DIC to launch a bid were held aloft on The Kop during the FA Cup win against Luton.

Liverpool supporters are also concerned at how much of the £350m loan will be shifted on to the club's books - with crippling interest payments.

A spokeman for the Americans said on Thursday: "Any suggestion Hicks and Gillett are contemplating a sale of the club or any portion of it is categorically untrue."

DIC backed away from a £150m price tag for a 15% stake in Liverpool last October, but the financial uncertainty surrounding the club has increased and there is hope a new offer will prove more tempting.

[kurtangle01]

fresh from bbc website - total buyout

Dubai International Capital - the investment arm of the Dubai Government - is to launch a £500m bid to buy Liverpool Football Club.
BBC Sport understands the offer is in the process of being made to American co-owners George Gillett and Tom Hicks.

DIC was originally thought to be ready to make an offer for Hicks' 50% share, despite his insistence that he is unwilling to discuss a sale.

But DIC is now poised to make an offer for the complete buy-out of the pair.

DIC were close to buying the club in January, but pulled out when Liverpool moved into advanced negotiations with Hicks and Gillett.

But Gillett and Hicks' reign has caused turmoil on and off the pitch at Liverpool, and DIC have always maintained their interest despite the collape of the previous deal.

Gillett and Hicks are currently attempting to finalise terms on a £350m loan that would enable them to repay money borrowed for their £219m takeover, repay loans used to sign players, and enable them to start work on a re-scaled plan for a new stadium in Stanley Park.

DIC's offer will be made swiftly to present the American duo with a get-out clause before they take out the massive loan.

Hicks, in particular, is under pressure after being subjected to heavy criticism from fans following public disagreements with popular manager Rafael Benitez, and his public admission that talks had been held with Jurgen Klinsmann about possibly succeeding the Spaniard.

And Liverpool fans will turn up the heat on Gillett and Hicks with an orchestrated protest at Monday night's game against Aston Villa.

Website website Reclaim The Kop issued a statement claiming they were "not fit to be associated with our club" and banners criticising the Americans and calling on DIC to launch a bid were held aloft on The Kop during the FA Cup win against Luton.

A spokeman for the Americans said on Thursday: "Any suggestion Hicks and Gillett are contemplating a sale of the club or any portion of it is categorically untrue."

BBC Sport understands is only ever put in an article when they've heard evidence themselves and normally they get things right...Let's hope that's the key this time.

[Chris]

I'll celebrate when theyve accepted and it's gone through, a bid is nice but is **** all at this stage.

[desertscouser]

Looks like it's really happening. BBC wouldn't be coming out with specualtion. 500 million pounds is a far bigger bid than I expected.

[Jayesh87]

Hopefully atleast one of these numpties will sell

[kurtangle01]

I see on some other sites that the G&H loan seems to have been approved (no definite confirmation yet though) and the BBC are reporting DIC are to make a £550m bid to buy the club as a whole:

http://news.bbc.co.uk/sport1/hi/foot...ol/7197675.stm

What site's reported that their refinancing deal had been approved?