DIC latest - the largely wild speculation thread

[carlton]

Kop Yanks to be run out of town next month
EXCLUSIVE
By Martin Lipton Chief Football Writer 14/02/2008


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Liverpool are poised to change hands again - by the middle of next month - as the club's US owners close in on a double-your-money offer from Dubai.

Despite denials from Tom Hicks and George Gillett, Mirror Sport understands that an outline agreement to transfer ownership of the Anfield giants to Dubai International Capital is in the pipeline.

Sources in New York have confirmed that a £460million deal with DIC - the Dubai government's financial arm and headed by Sheikh Mohammed Bin Rashid Al Maktoum - is now on the verge of conclusion. Anfield fans will rejoice at the news that the two Americans' ill-starred reign is ending after a series of protests in recent weeks over their treatment of boss Rafa Benitez.

Supporters have demanded a sale to DIC, who were jilted at the end of 2006 when the Liverpool board wrongly believed the deal with the Americans would safeguard the interests of the club. Hicks is expected to stay as part of the new club directorate in the immediate aftermath of the sale.
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The effective sale price is nowhere near the ambitious £1billion valuation Mirror Sport exclusively revealed was put on the club by Hicks in November. He and Gillett paid just £219m to take control of Liverpool from David Moores a year ago.

One insider said: "These talks are still ongoing. Tom and George want to make sure they get the right price for giving up the club."

Despite leaving Liverpool with a £350m debt, they will be able to walk away having made a substantial profit.

[sinbad]

Kop Yanks to be run out of town next month
EXCLUSIVE
By Martin Lipton Chief Football Writer 14/02/2008


Liverpool are poised to change hands again - by the middle of next month - as the club's US owners close in on a double-your-money offer from Dubai.

Despite denials from Tom Hicks and George Gillett, Mirror Sport understands that an outline agreement to transfer ownership of the Anfield giants to Dubai International Capital is in the pipeline.

Sources in New York have confirmed that a £460million deal with DIC - the Dubai government's financial arm and headed by Sheikh Mohammed Bin Rashid Al Maktoum - is now on the verge of conclusion. Anfield fans will rejoice at the news that the two Americans' ill-starred reign is ending after a series of protests in recent weeks over their treatment of boss Rafa Benitez.

Supporters have demanded a sale to DIC, who were jilted at the end of 2006 when the Liverpool board wrongly believed the deal with the Americans would safeguard the interests of the club. Hicks is expected to stay as part of the new club directorate in the immediate aftermath of the sale.


The effective sale price is nowhere near the ambitious £1billion valuation Mirror Sport exclusively revealed was put on the club by Hicks in November. He and Gillett paid just £219m to take control of Liverpool from David Moores a year ago.

One insider said: "These talks are still ongoing. Tom and George want to make sure they get the right price for giving up the club."

Despite leaving Liverpool with a £350m debt, they will be able to walk away having made a substantial profit.

[Red Wino]

Please! Please! Please! .... I think

[AFII]

or maybe not.

[tomasjj]

or maybe not.

what do you mean??

[Manofthebog]

what do you mean??

don't worry, @ 8.48am on the other thread, he was waxing lyrical about DIC.

[tomasjj]

don't worry, @ 8.48am on the other thread, he was waxing lyrical about DIC.

Not worried at all.
I have taken a "I will believe it when it is on the offal" stance to this debacle.

Doctor prescribed it.*









* G-Man

[Lecter]

dont know what i make of that,if true i cant understand why they would do it,would the website turn over that much revenue that theyd fork out 15 mil for half.
i seen this earlier and it was a hit and run post tbh,no explanation of how he knows or even a link to where he had seen it,not sure i believe this one.

I presume they would buy this because it owns the club website & tv channel and for the proposed broadband explosion that football has been expecting for years

[sonsofthedesert]

I presume they would buy this because it owns the club website & tv channel and for the proposed broadband explosion that football has been expecting for years

Also isn't it the most visited football website around. Get that, sort out the merchandising side as well - add a few extra bits and it will moe than pay for itself.

[AFII]

what do you mean??

That I'm not surprised.

Not worried at all.
I have taken a "I will believe it when it is on the offal" stance to this debacle.

Doctor prescribed it.*










* G-Man

That's what I do to. Until everything is 100% done and dusted. I have never really been worried but that is because of my . If I didn't had him to calm me down with info then I would have been worried

[Lecter]

Owning the web site will give them more space for their propoganda, knowing that a lot of LFC fans are reading regularly, always getting THEIR side of the story.

The source post was pure speculation and was in relation to a question regarding why Hicks would be given a seat on the board if DIC were the owners

Blind speculation


Hicks still has eyes on the broadband tv boom that cant be far off. Negotiates a 50% share in the club website that will become the 'channel' and retains a place on the board to push toward that end.

[1979]

I wonder if ther eis one thing that we may not have considered. Is being owned/governed by a single entity such a good thing for us? I look to Arsenal (and to a lesser example; Tottenham) as an example. They are financially viable, they have a board of very rich investors who are willing to dip into their pockets for transfer funds.

Part of that may be down to the fact that they are both London based clubs, however, we should be able to find a "team" of investors who would be willing to invest in LFC.

I'm thinking to myself, would it be so bad if the club was owned 50% by DIC and Gillet. After all it was Gillet who hasn't stumbled, lied or tried to deceive us asHicks has done. Whose to say that 100% ownership by DIc would be any better - yes, I know their "record". People talk of their record as though they have been studying their books.
Discuss.

[Resu]

People (Morgan) tried to get a "team" going to buy the club, but failed.
As for Gillett and DIC together: Gillett doesn`t have the money, that`s why he got Hicks in on the deal. DIC has the money and have no use for any support from Gillett.
I think the Arsenal/Spurs board set-up looks very good, but it doesn`t look like an option for LFC now.

[Manofthebog]

mickdundee
Kemlynite

Online

Posts: 18


Re: American owners to sell up next month?
« Reply #126 on: Today at 11:22:14 AM »

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This is from Mat on the UK football forum, info he supplies is 50/50, haven't got a clue who Martin Lipton is tho.


Hello,

I was speaking with journo Martin Lipton this morning & he says his sources - from the Dubai side are telling him a deal is 'nearing conclusion'.

Both Americans are said to be going to DOUBLE there investment & they walk away having saddled the club with 350 million debt - without having to repay a penny of that loan.

Martin says his sources from within the Dubai group say they are willing to undertake that debt & 'new' negotiations have been taking place with the Royal Bank of Scotland in the last 72 hours.

I have been told from someone else - when DIC take over - they will not take that £350mill loan - but pay a 'hefty penalty' for not going ahead with the loan.

DIC do not need to borrow money to build the new stadium, nor will it bother them if they lose out on the grant Liverpool FC were due to recieve.

He said to me the deal has been agreed in principle & it is expected to go through 'within a few weeks'.

Negotiations between Sameer Al Ansari & Hicks/Gillett have been taking place for the last 4 months, but things changed when Sheikh Mohammed Bin Rashid Al Maktoum got 'personally invloved' with the deal in January & his people opened direct negotiations with first Hicks then Gillett.

Im told the Sheikh Mohammed has been given a 'personal promise' from Gillett he will sell his shares & will not renege on the deal this time.

Speaking with my source from Liverpool 15 minutes ago he said:

"Im aware things are moving quickly, but I have no new details to tell you - infact you guys will probably know more than us at the moment".

There is going to be much,much more on this in the next few days.

Watch this space.

Dmjn100

[Guest]

Is this from KT boggy ?