DIC latest - the largely wild speculation thread

[wishiwasascouser]

Would DIC risk going fully public with this, making qoutes and saying they are confident if it wasn't likely to happen? I don't think so - but anything can happen!

[DannyMan2006]

Some stuff from This.is.Anfield on F365. He is in dubai and has said before that he has contacts in DIC.

Compare the comments from the guy called a ten year old, with what Oliver Holt says about getting round Hicks.

[Jayesh87]

From RAWK.....

DIC confident as George Gillett gets ready to sell Anfield stake
Oliver Kay

Dubai International Capital (DIC) remains confident that George Gillett Jr will accept its improved offer for his 50 per cent stake in Liverpool. Gillett, the club's co-chairman, was said to be considering his options and consulting lawyers and brokers last night, increasing DIC's belief that he will accept its offer of a healthy profit rather than allow the process to drag on.

Tom Hicks, Gillett's co-owner, claimed last week that his fellow American “cannot sell without my approval”, but sources close to DIC, the private-equity investment arm of the Dubai Government, claim to have “found a way around that” and that when, not if, Gillett agrees to sell, Hicks will have little option but to do likewise - a scenario that Hicks insists will not transpire as he looks to buy out his business partner.

Gillett, whose partnership with Hicks has disintegrated over the 13 months since they arrived at Anfield, rejected DIC's offer of £200million for his stake - and thus a £25million personal profit once the club's borrowings are taken into account - before a deadline of midnight on Tuesday. The offer was increased over that evening in negotiations between his lawyers and Amanda Staveley, DIC's principal adviser, with sweeteners including a clause that would entitle him to a portion of future profits should Liverpool flourish under new ownership.

Gillett, owner of the Montreal Canadiens ice hockey franchise, was the instigator of the original takeover just over a year ago, when he and Hicks gazumped DIC to buy Liverpool, but several factors - notably a difficult financial climate and his dysfunctional working relationship with Hicks - have persuaded him to sell his stake.

Gillett and DIC in high-stakes poker
Staveley driving force in Liverpool takeover
He is at present recovering from illness at his home in Vail, Colorado, while his son, Foster, who was given the job as a liaison between the owners and Rafael Benítez, the manager, has returned to Montreal indefinitely.

Hicks promises to be a far more awkward negotiator, but DIC doubts the claims from the United States that he has the means to pursue his ambition of buying out Gillett's stake. His reported plan to buy 2 per cent of Gillett's stake - giving him majority control, with 51 per cent of the share capital - is not taken seriously by DIC, which claims that it would trigger a “change of control” clause.

More positive, but garanteed other papers will go with bid rejected and Hicks to buy partner out stories.

Olly Kay has been on the pulse with regards to takeover news imo.

[redheart]

So many months have passed, almost 3000 posts and still nothing much to see.

Wake me up when it's all concluded one way or the other

[Craig_H]

So many months have passed, almost 3000 posts and still nothing much to see.

Wake me up when it's all concluded one way or the other

Do you still think there's 'no evidence' that DIC are interested in buying the club?

[redheart]

DJS...there wasn't when I made that statement. Just lots of squealing teenagers.

We still have very little evidence of what is going on. The fact that DIC went public (with whatever little facts they provided) is not a good sign for those who want DIC to own us

[Kev_81]

Daily Mail
Hicks not convinced by DIC's midnight-deadline meeting to buy Liverpool
Last updated at 23:36pm on 5th March 2008

The Liverpool takeover shambles has reached such a warring state between the American owners, George Gillett and Tom Hicks, that the Hicks camp were not even convinced that the 'deadline midnight' meeting even took place between Dubai Investment Corporation and Gillett's representatives in London on Tuesday night — despite Liverpool chief executive Rick Parry being present.

However, the ludicrous midnight deadline, claimed by the DIC camp, has been and gone with DIC still interested in buying Liverpool at a new price of £500m.

They are insisting they can find a way around Hicks' blocking veto, if and when they agree a deal for Gillett's 50 per cent.

Hicks is adamant they can't and his contract stops Gillett selling if Hicks disapproves, whether or not he makes a counter-offer.

[Craig_H]

DJS...there wasn't when I made that statement. Just lots of squealing teenagers.

We still have very little evidence of what is going on. The fact that DIC went public (with whatever little facts they provided) is not a good sign for those who want DIC to own us

Do you seriously not expect people to speculate on this? You're in the wrong place, if that's the case.

And in any case, evidence or not, people were right, DIC WERE interested and still are. Why not stop being so obnoxious?

[El Jefecito]

Do you seriously not expect people to speculate on this? You're in the wrong place, if that's the case.

And in any case, evidence or not, people were right, DIC WERE interested and still are. Why not stop being so obnoxious?

Thats a classic coming from you

[Craig_H]

Thats a classic coming from you

I'm not that bad.

[El Jefecito]

I'm not that bad.

You are

[Craig_H]

[AFII]

DIC banking on Tom Hicks
By David Bond
Last Updated: 12:02am GMT 06/03/2008

Whatever the outcome of the Liverpool talks between George Gillett Jnr and Dubai International Capital, the sovereign wealth fund believe it is only a matter of time until Tom Hicks is forced to open negotiations with them.

Hicks has repeatedly stated that he is not a seller and that he wants to buy Gillett out. But with investment bank JP Morgan struggling to launch a float of his company, Hicks Holdings, DIC sources believe the Texan cannot block their advance.

If so, it wouldn't be the first time he has had to overcome difficulties. In July 2003 Hicks' Southwest Sports Group defaulted on a $135 million loan after a downturn in the fortunes of his baseball franchise.

A spokesman for Hicks this week confirmed he had missed the loan deadline, but added that the problem was quickly rectified with a $50 million cash payment.

http://www.telegraph.co.uk/sport/mai.../sobond106.xml

[carlton]

Do you seriously not expect people to speculate on this? You're in the wrong place, if that's the case.

And in any case, evidence or not, people were right, DIC WERE interested and still are. Why not stop being so obnoxious?

Now you know what its like for some of us with you.

[Craig_H]

Well