DIC latest - the largely wild speculation thread

[Lecter]

I dont think its going to be that easy to get rid of Hicks personally particularly after reading more informed financial opinion than mine

[Lecter]

Heres some more snippets

my understanding was as KOP holdings owns LFC DIC would be buying 50% satke in kop holdings and not LFC (same thing i know but it means that any new investor would be buying into kop holdings and all its interests and debts)

Am i wrong on this?
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You may be right, although I suspect a new holding caompany would be set up to but the club. DIC would subscribe for 50% of the shares (or more or less) and TH the other 50%.

In that case Kop Holdings would sell its shares in the club for (again) £350m less £100m debt leaving £250m+. The acquisition debt is then settled - GG walks off into the sunset and TH has to find a new way of financing his £125m share of the new holding company - how he does that is up to him - he could simply revise the existing debt.
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Where are TH's weakness'in all of this
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I don't really think there is one. I am not sure that there would be any great urgency for DIC to buy Hicks out other than good housekeeping. They may be able to dilute his shareholding by stumping up finance in the future. Indeed that could suit both of them.

Some credit must go to Hicks (more so as he joined with GG at a later stage) that he seems to want to stick in there. I think everyone knows that they bought the club on the cheap owing to the lack of investment in the past decade or more. WE all know that this club will be a force to be reckoned with once a 60,000+ stadium is complete. Who wouldn't hang in there for the upside

[AFII]

I dont think its going to be that easy to get rid of Hicks personally particularly after reading more informed financial opinion than mine

DIC will buy him out, it will take some time but in the end he will sell up.

Can DIC sack Parry without Hicks permission by the way, if they buy Gillett's 50%, or is that a decision that need a majority backing by the board?

Can be an important point when it comes down to who will get the majority decisions and who Parry will support.

Save his skin again or get sacked kind of thing.

[Fowler_God]

Does Mascherno give us a clue that the DIC deal could be close?


"We are really close," he said. "Maybe this week or next week we will be able to say everything's finished. We can't say it just yet but hopefully in a few days everything will be okay.

"There are no problems with the fee or with the contract, it's just getting the papers finished.

"I am very happy that in the next week I will be able to say I have signed for Liverpool. It will be the best moment of my career to be able to say I will be playing my football with Liverpool."

With what O'Niell said on the Carson deal and Rafa about Sami, its obvious no decisions are allowed to be made until its sorted.
I reckon Mascherno will be signed when DIC have bought in

[Lecter]

DIC will buy him out, it will take some time but in the end he will sell up.

Can DIC sack Parry without Hicks permission by the way, if they buy Gillett's 50%, or is that a decision that need a majority backing by the board?

Can be an important point when it comes down to who will get the majority decisions and who Parry will support.

Save his skin again or get sacked kind of thing.

That would require a majority vote

I would question whether they would want rid of Moores and Parry IF Hicks is still there

Far better to have two puppets than someone mutually agreed on with Hicks

[MattB]

If only for the sake of bringing this whole sorry saga to an end, let's hope so

[pezzzer]

DIC will buy him out, it will take some time but in the end he will sell up.

Can DIC sack Parry without Hicks permission by the way, if they buy Gillett's 50%, or is that a decision that need a majority backing by the board?

Can be an important point when it comes down to who will get the majority decisions and who Parry will support.

Save his skin again or get sacked kind of thing.

maybe the hold up is down to the control issue. if hicks bought just 1% of gillets sares then whoever came in he would still fiscally be incharge

but if h and g arent talking/fallen out then dic would be looking not only to buy gillets shares but also 1% or above (all if pos) from hicks so they are fiscally incharge

[MattB]

maybe the hold up is down to the control issue. if hicks bought just 1% of gillets sares then whoever came in he would still fiscally be incharge

but if h and g arent talking/fallen out then dic would be looking not only to buy gillets shares but also 1% or above (all if pos) from hicks so they are fiscally incharge

Problem with that is some of the biggest, most important decisions require unanimous board approval (e.g recent refinancing). Having a majority works if everyone will toe the line when unanimity is required

[homer1]

Does Mascherno give us a clue that the DIC deal could be close?


"We are really close," he said. "Maybe this week or next week we will be able to say everything's finished. We can't say it just yet but hopefully in a few days everything will be okay.

"There are no problems with the fee or with the contract, it's just getting the papers finished.

"I am very happy that in the next week I will be able to say I have signed for Liverpool. It will be the best moment of my career to be able to say I will be playing my football with Liverpool."

With what O'Niell said on the Carson deal and Rafa about Sami, its obvious no decisions are allowed to be made until its sorted.
I reckon Mascherno will be signed when DIC have bought in

Wouldn't read anything into Sami's situation as he will stay as long as he's asked or Carson as I would guess Villa are having second thoughts and are waiting until the end of the season to decide whether to take him permanently or not

Mascherano is a diferent situation though. I have felt for a while now that the only hold up on the deal could be 1) if he was unsure Rafa would be there for the future as I think he genuinely feels indebted to him or 2) G or T will not release the funds until their own future / takeover is finalised as it would have an effect on the value of the club & therefore sale price

It's all guesswork though isn't it

[Lecter]

maybe the hold up is down to the control issue. if hicks bought just 1% of gillets sares then whoever came in he would still fiscally be incharge

but if h and g arent talking/fallen out then dic would be looking not only to buy gillets shares but also 1% or above (all if pos) from hicks so they are fiscally incharge

The thing is this

Kop Holdings is comprised of 2 shares I believe

1 owned by Gillettt & 1 owned by Hicks

They each have first option on the others share in the case of a rival bid

Its all or nothing, it has to be because I cant for the life of me see DIC paying such a high price for a minority stake.

Gillett by all accounts has been given a number of proposals about diluting his stake and restructuring Kop Holdings but all of these have been at a lower price than DIC is prepared to pay. If Gillett & Hicks restructured Kop Holdings accordingly to give 49% (Gillett) & 51% (Hicks) it could jeopardise his deal with DIC

Thats why it will be an all or nothing basis as first option to Hicks

[Vermilion]

****ing hell, you use the name Shankly (take it you've heard of him then?) but then have a go at one of his ex-plyers. Jimmy Melia may never have been one of the all time greats, but he did play an important part in Shanks' revival of LFC, and anyone with an ounce of knowledge of the clubs history will know the name. By that token he is hardly a no mark, in fact he probably has more claim to an opinion on matters LFC than you! I didnt realise that having a different opinion than the masses was a crime here. :whatever:

Jimmy Melia,.....The Man in the White Shoes. ( known as this,as he used to always wear white suits & shoes).

He is guilty only of being manipulated by Hicks.

[Steve101]

Jimmy Melia,.....The Man in the White Shoes. ( known as this,as he used to always wear white suits & shoes).

He is guilty only of being manipulated by Hicks.

Watching him run accross the pitch at anfield after THAT cup tie, in those shoes, was no a good moment for me!!!!

[Vermilion]

Watching him run accross the pitch at anfield after THAT cup tie, in those shoes, was no a good moment for me!!!!

Wonder if it's where the club got the idea for those infamous White Suits we still get stick for today.

[pezzzer]

The thing is this

Kop Holdings is comprised of 2 shares I believe

1 owned by Gillettt & 1 owned by Hicks

They each have first option on the others share in the case of a rival bid

Its all or nothing, it has to be because I cant for the life of me see DIC paying such a high price for a minority stake.

Gillett by all accounts has been given a number of proposals about diluting his stake and restructuring Kop Holdings but all of these have been at a lower price than DIC is prepared to pay. If Gillett & Hicks restructured Kop Holdings accordingly to give 49% (Gillett) & 51% (Hicks) it could jeopardise his deal with DIC

Thats why it will be an all or nothing basis as first option to Hicks

agreed but how can hicks possibly afford to buy out gillet when they struggled to gain the funds for the refinancing between them?

also gillet is going to sell to the highest bidder and would never sell his stake for the initial outlay so hicks would efectively be buying something at a higher price that until there split he already had control of

by claiming lfc is now worth £450 million he has effectivley priced gillets shares out of his (hick's ) reach

[Lecter]

agreed but how can hicks possibly afford to buy out gillet when they struggled to gain the funds for the refinancing between them? He cant imo

also gillet is going to sell to the highest bidder and would never sell his stake for the initial outlay so hicks would efectively be buying something at a higher price that until there split he already had control of

by claiming lfc is now worth £450 million he has effectivley priced gillets shares out of his (hick's ) reach