DIC latest - the largely wild speculation thread

[AFII]

The situation now as I see it.

Hicks have now used his veto and that means that DIC have made a bid for Gillett's shares. That probably means that Hicks now has 90 days to find anyone that can match the bid DIC made and if he do that then Gillett has no other choice than to sell to Hicks. That is also probably the reason to why DIC is prepared to pay so much for Gillett's shares to make it more or less impossible for Hicks to find anyone in time to match DIC's bid.

It's a gamble from Hicks, who knows if it will pay off or not.

[carlton]

This has less to do with Amanda (and frankly everything she has said publicly would have been ok'ed by DIC) and everything to do with Hicks. He even said so a couple of days ago that if even if DIC were going to invest they would not be managing the club. Its no surprise that he would try it on with DIC. 'Management by committee' means a say in how the club is run rather than Hicks doing what he likes.

What should really be pissing people off is his hiding behind 'the best interests of the club'. My blood boils when I hear that crap coming from the fat *******. Nothing he does is in the best interests of the club. Its in the best interests of Hicks. DIC should crush him like the ant he is. Cunt.

[Bari]

good points.

Interesting that he is looking to sell up with other teams of his? Or at least thats what I see in the press. Does he fancy the challenge here?

Hick's is a sadomasochistic he enjoys the verbal abuse from the kop and RTK

[DannyMan2006]

The situation now as I see it.

Hicks have now used his veto and that means that DIC have made a bid for Gillett's shares. That probably means that Hicks now has 90 days to find anyone that can match the bid DIC made and if he do that then Gillett has no other choice than to sell to Hicks. That is also probably the reason to why DIC is prepared to pay so much for Gillett's shares to make it more or less impossible for Hicks to find anyone in time to match DIC's bid.

It's a gamble from Hicks, who knows if it will pay off or not.

I just can't see why DIC would have accepted 49% if they could get 50% three months down the line.

[carlton]

FFS!

great news to wake up too

I do not understand how Hicks can have so much power of Gillette. I dont understand why he has the control on who Gilette sells too etc.

Surely nobody is that stupid to sign a deal accepting those terms.

Im thinking Hicks is just clutching at straws here...or has broken off negotiations with himself and DIC for his shares...not Gillette's.

We better not have a repeat of our lackluster performances like when all the Klinsmann stuff first got aired.

Inter is a massive game, and its not over by a long shot....

What a time to announce it, just before a crucial game. And the cu*t says he is acting in the best interests of the club. What a joke. What a sick ****i*ng joke.

[AFII]

I just can't see why DIC would have accepted 49% if they could get 50% three months down the line.

Maybe they just don't want to gamble on that Hicks will find someone in time.

[DannyMan2006]

This has less to do with Amanda (and frankly everything she has said publicly would have been ok'ed by DIC) and everything to do with Hicks. He even said so a couple of days ago that if even if DIC were going to invest they would not be managing the club. Its no surprise that he would try it on with DIC. 'Management by committee' means a say in how the club is run rather than Hicks doing what he likes.

What should really be pissing people off is his hiding behind 'the best interests of the club'. My blood boils when I hear that crap coming from the fat *******. Nothing he does is in the best interests of the club. Its in the best interests of Hicks. DIC should crush him like the ant he is. Cunt.

We're in no mans land really, if Hicks is serious in keeping 50%.

If Gillet wants out he is ****ed. The ridiculous money offered by DIC will keep Gillet from accepting anything less. But he aint exactly want to go and spend money on LFC if he wants out, meaning Hicks will not spend anything either.

This freezes the value, and as the re financing deal approaches this puts Hicks in a poor situation. Then again Gillet may decide to stay, but with their apparent poor working relationship I don't see how this is possible.

[NICKZS]

Every report seems to indicate that this is far from over.

[DannyMan2006]

Maybe they just don't want to gamble on that Hicks will find someone in time.

Whats the gamble?

If they are offereing Gillet the best deal he will accept that. He to could wait 90 days.

Hicks can't force Gillet to accept anything. They are equal partners with equal rights. If on the other hand there is no 90 day agreement then I can see why.

It all boils down to Gillet and Hicks agreement.

[AFII]

Whats the gamble?

If they are offereing Gillet the best deal he will accept that. He to could wait 90 days.

Hicks can't force Gillet to accept anything. They are equal partners with equal rights. If on the other hand there is no 90 day agreement then I can see why.

It all boils down to Gillet and Hicks agreement.

He can't wait 90 days IF the agreement says that Gillett must sell to Hicks if he match the bid from the one who is bidding, in this case DIC. That would mean that as soon as Hicks comes up with the money then Gillett's 50% is his.

[DannyMan2006]

He can't wait 90 days IF the agreement says that Gillett must sell to Hicks if he match the bid from the one who is bidding, in this case DIC. That would mean that as soon as Hicks comes up with the money then Gillett's 50% is his.

I think the key point is that Hicks will not be able to come up with the cash. Anyother bidder coming in would not have the same righst as Hicks. They would have to give Hicks the cash, but they would then not be able to get any % of shares for the club, as that would veto the agreement.

If Gillet agrees to sell to DIC, then Hicks MUST come up with the cash himself. If of course, the 90 day agreement is correct.

[AFII]

I think the key point is that Hicks will not be able to come up with the cash. Anyother bidder coming in would not have the same righst as Hicks. They would have to give Hicks the cash, but they would then not be able to get any % of shares for the club, as that would veto the agreement.

If Gillet agrees to sell to DIC, then Hicks MUST come up with the cash himself. If of course, the 90 day agreement is correct.

[rage]

fat lying *******. to come out with this **** the night b4 our biggest game of the season.

I don't understand much of whats going on here but surely if dic have offered to buy gillett's shares all hicks can do is exercise his first refusal and buy them himself at the price dic have offered or he is stuck with dic as a 50% partner.

The 2 key questions are how long a window does hicks have to buy gillette's 50% and can he prevent gillette from selling after this window has closed?

[m100900]

I resent your tone and implication. My conclusions are based on deduction based on known facts. Yours are based on ignorance and a desire to put down others who don't agree with your hysterical interpretation of things.

Let's see if I can get to your level. FO.

Your conclusion that she is a 'showboating bitch' is a deduction based on known facts????

Ah, I see...........well, sorry for my 'hysteria' there in suggesting yours was a knee jerk reaction. No doubt we will never hear of DIC again.
Funny.

[m100900]

Your conclusion that she is a 'showboating bitch' is a deduction based on known facts????

Ah, I see...........well, sorry for my 'hysteria' there in suggesting yours was a knee jerk reaction. No doubt we will never hear of DIC again.
Funny.

Just read further into the thread and realised you are American/live in good ol' US.
My sympathies. [doffs hat]
I now understand your interpretation of 'hysteria'.