DIC latest - the largely wild speculation thread

[Resu]

DIC have got Hicks and GG over a barrell and are about to give them a right royal bumming in my opinion!

TBH I can`t see a single thing that points in that direction. What I see is the price getting higher and higher. Hicks has most of the cards and he plays them well.

[carlton]

TBH I can`t see a single thing that points in that direction. What I see is the price getting higher and higher. Hicks has most of the cards and he plays them well.

On RAWK they are quoting a FT's article that suggest 500M pounds if Hicks gets the same deal as GG as it includes future profit sharing.

[Vermilion]

TBH I can`t see a single thing that points in that direction. What I see is the price getting higher and higher. Hicks has most of the cards and he plays them well.

He plays them like a greedy devil.....Morals wont get in the way of a few million bucks, he'll squeeze till it's given all it can. Dic will eventually have to decide how much is too much. IMO.

[Skillz]

On RAWK they are quoting a FT's article that suggest 500M pounds if Hicks gets the same deal as GG as it includes future profit sharing.

Lets hope DIC decide they can't stomach the thought of paying them anymore and spend lavishly on players and a great big **** off 100,000 seater stadium ensuring we never make a profit.

[Kenneth]

:bird: @ Moores

[Vermilion]

On RAWK they are quoting a FT's article that suggest 500M pounds if Hicks gets the same deal as GG as it includes future profit sharing.

Love it if DIC worked out a way to show no profit, hee hee, put EVERYTHING back into the club somehow,( i know, cloud cuckoo) , But it would be superb. No.

[Jop]

So this is how i see it .....

DAVID MOORE’S ASS

David Moore’s entered his donkey in a race and it won.
He was so pleased with the donkey that he entered it in the race again, and it won again.

The local paper read:

DAVID MOORE’S ASS STICKS OUT .

Rick Parry was so upset with this kind of publicity that he asked David Moore’s not to enter the donkey in another race.

The next day, the local paper headline read:

RICK PARRY SCRATCHES
DAVID MOORES ASS.

This was too much for Parry, so he asked Moores if he could sell it for him, he agreed.

Parry decided to look for the best deal for himself and Moore’s not the best people to take care of the ass and so they sold it to two American profiteers.
The local paper, hearing of the news, posted the following headline the next day:

MOORE’S & PARRY SELL THEIR ASS.

After a while and when the people who loved the ass saw how it was being treated they demanded the ass gets better owners.

The next day the headlines read:

DIC WANT’S SOME ASS …… Yanks Not Wanted Anymore.


The moral of the story is . . . If you want your Dic to have some ass it can happen if you try hard enough.

Have a nice day!

[Vermilion]

FantASStic.

[carlton]

Love it if DIC worked out a way to show no profit, hee hee, put EVERYTHING back into the club somehow,( i know, cloud cuckoo) , But it would be superb. No.

Thats the thing, theres so much upside to the club that $ will roll in once the stadium is built and there is some stability and class in the off field management

[dawmdt]

Love it if DIC worked out a way to show no profit, hee hee, put EVERYTHING back into the club somehow,( i know, cloud cuckoo) , But it would be superb. No.

Very simple just make every expense a loan on the clubs books; the interest can offset any profit with DIC underwriting any losses.

[dawmdt]

Very simple just make every expense a loan on the clubs books; the interest can offset any profit with DIC underwriting any losses.

Hmmm although they tax man might get a bit pissed at this

[Vermilion]

Hmmm although they tax man might get a bit pissed at this

That would make it even better.

[Jayesh87]

Financial times taken from elsewhere:

DIC offers share of any success to Liverpool owners

By Roger Blitz, Leisure Industries Correspondent

Published: March 6 2008 02:00 | Last updated: March 6 2008 02:00

Dubai International Capital is willing to give Liverpool's US owners a share in future profits, such as stadium receipts and trophy success, if they accept its offer for the Premier League club.

The investment arm of the United Arab Emirates last week tabled a £400m indicative offer to Tom Hicks and George Gillett.

DIC envisages buying out Mr Gillett's half-stake in the club and allowing Mr Hicks to arrange his other financial affairs before taking full control of the club, possibly through staged purchases of his 50 per cent stake.

Mr Gillett was given a deadline of midnight on Tuesday to accept the bid, but people close to the situation say he is holding out for more.

Negotiations in London between advisers representing the investment arm of the UAE and Mr Gillett are understood to have continued beyond the deadline, during which DIC put forward its profit-sharing proposals.

Negotiations are set to resume today.

Under the revised deal, DIC would cover the £350m debt the US owners refinanced with Royal Bank of Scotland and US investment bank Wachovia in January.

On top of that, it has offered Mr Gillett a package of £80m, mostly made up of cash and topped up with a share of future profits. On the basis that such a package would have to be offered to Mr Hicks if DIC is to fulfil its aim of taking full control of Liverpool, the overall package could add up to more than £500m.

The Hicks-Gillett consortium's refinancing has enabled the club to announce it is pressing its plans to move from its Anfield stadium to a new 71,000-capacity stadium in Stanley Park.

Out of the £350m loan, £60m is going towards start-up costs for the new stadium. But the refinancing deal needs to be renegotiated in 16 months.

DIC believes it will get its way, in spite of Mr Hicks' insistence that he is not a seller and that he would veto the sale of his business partner's stake if it led to DIC gaining control of the club.

DIC is unlikely to do a deal with Mr Gillett unless it is assured that it ends up controlling Liverpool.

The situation is complicated by the apparent breakdown in the relationship of the US owners. One person close to Mr Hicks said: "The relationship is probably a bit strained. There is not a great deal going on between them."

[Steve001]

Very simple just make every expense a loan on the clubs books; the interest can offset any profit with DIC underwriting any losses.

Erhhh, you mean like Mr Hicks has just done ?

[Jayesh87]

Latest in the echo from Barrett:

The dignified protest was organised by the recently formed Spirit of Shankly group and a spokesman for them told the ECHO he was delighted with last night's response.

He said: "It is really important to us that our protests do not affect the team because they have to be able to concentrate on what is going on on the pitch.

"That is why we held the protest at half-time and it went really well.

"Our message is simple – Hicks and Gillett have outstayed their welcome and we want them out of our club.

"They have an offer on the table from DIC and they should take that and allow the club to move on.

"We don't want this to drag on any longer but unless these self-appointed 'custodians' get out of our club we will continue with our protests."

Meanwhile, representatives of Hicks are set to meet with DIC in London next week to discuss the Dubai based consortium's bid for Gillett's stake in the club.

Talks between DIC and Gillett's advisers are ongoing and there is growing feeling that the Dubai camp could be on the verge of a major breakthrough, although Hicks still maintains his insistence that he is not interested in selling his stake.