DIC latest - the largely wild speculation thread

[pezzzer]

I agree that the best offer is not always the 'biggest' one financially, but I can assure you they would have had a definitive obligation to the minor shareholders, I guarantee it.............

fair enough but why allow them to table a bid knowing what useless cunts they were, it doesnt add up mate

[Vermilion]

So if it was'nt the 8m on offer, did they really believe H&G we're the better bidder's, OR we're they so FOOLISH as to think DIC once out of a deal would'nt come back in for us, OR we're they so shallow as to be scared of the embarrassment at losing BOTH bidders for the time being.

[Steve001]

fair enough but why allow them to table a bid knowing what useless cunts they were, it doesnt add up mate

I am not sure you can stop people tabling a bid..........

[Rashid]

I still shudder when I read this.. it was terrible at the time. Moores and Parry you cunts.

"Dubai International Capital LLC today announces that it has decided to end negotiations with Liverpool FC and Athletic Grounds plc about a possible investment in the club.

"Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board. The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders.

"Liverpool is the most successful football club in English football history. It exists to win things for its supporters. It deserves to be in the hands of people who support it, who understand its history and legend and who share the enthusiasm and passion of its fans.

"As businessmen, we move on. As fans, we hope that the new owners would share the same vision as we had for LFC and, of course, in realising the new stadium that is so badly needed to ensure the club can continue to compete at the highest level in the Premiership and Europe."

[Darkon]

Why is this threat yet again being hijacked by people wanting to discuss the Rafa situation????

Please go use one of the many rafa threats for that instead!!!

[TheRedDragon]

FFS Boring as ****, at least try to stick to the topic as appose to just having slanging matches.

[Gazzla]

Right then has anyone heard of this DIC Group? rumour has it they are looking at a possible takeover

[Lecter]

I don't believe for one second that Rafa is now in Hicks camp. He just use Hicks to get what he want, a new deal, and that will suit Hicks fine in his charm offensive.

Both of them get what they want.

Me neither

Whether Rafa exposed them or not is open to debate, however its clear hes been told to quieten down which he as done

Now if you knew you would have a potential new boss, would you continue to **** stir and slag off the owners

Personally I'd become a paragon of virtue and a shining example of the model owner / manager relationship

It has nothing to do with positioning with Hicks in the hope of him winning any power struggle

If it was that then Rafa's backed the wrong horse and hes smarter than that imo

[Lecter]

The problem is that he recommended the other shareholders to accept the offer from G&H because it was the best offer for the club.

A blatant lie because he had done no check up on them.

At that time AF it was the ONLY offer

[Skillz]

Me neither

Whether Rafa exposed them or not is open to debate, however its clear hes been told to quieten down which he as done

Now if you knew you would have a potential new boss, would you continue to **** stir and slag off the owners

Personally I'd become a paragon of virtue and a shining example of the model owner / manager relationship

It has nothing to do with positioning with Hicks in the hope of him winning any power struggle

If it was that then Rafa's backed the wrong horse and hes smarter than that imo

spot on. Rafa has to manage the team, he might of exposed the owners for what they are but now he has to win games. The ownership issue will resolve itself now.

[Lecter]

again mate you have to ask yourself why dic pulled out? the shareholders were happy with the deal, dic were happy with the deal, the fans were happy with the deal then rick and moores allowed another bidder to come in,WHY?

parry/moores wanted dic to **** off because they new that unless they did they couldnt be seen to take the yanks over them, it all boils down to money, disgusting

FACT is DIC's period of exclusivity had expired they then formalised their offer, Gillett and Hicks then came in an gazumped them

When DIC pressed Moores for an immediate answer he said he couldnt give them one as he had to duly consider the higher offer in accordance to shareholder obligations (I'm almost certain this would have been made clear by Granadas representative on the board)

DIC then withdrew their bid leaving one bid left on the table

[Steve001]

FACT is DIC's period of exclusivity had expired they then formalised their offer, Gillett and Hicks then came in an gazumped them

When DIC pressed Moores for an immediate answer he said he couldnt give them one as he had to duly consider the higher offer in accordance to shareholder obligations (I'm almost certain this would have been made clear by Granadas representative on the board)

DIC then withdrew their bid leaving one bid left on the table

I agree, but to be fair, they would possibly not need to be reminded by the Granada board member, it is standard stuff they would already be fully versed in.
Can you imagine what Granada would have done if a higher bid had been ignored?

[Lecter]

The "best offer for the club" doesn't have to financial. If you look at their backgrounds here we have two guys who have been bankrupt, one destroyed Corinthians and has a website made up by Stars fans against him. So this "Legal obligation" is bull****. There are millions if examples in the financial world where smaller bid has won a tender due to the people who back it.

Only partially correct

They correct term of considering a higher bid would be that is was "duly considered".

Now how long is duly considered, 1 hour, 3 hours 48 hours???

All the reports at the time suggested DIC put a 12 hour time limit on Moores, I would suggest that was highly unrealistic in terms of "duly considering". I'm almost certain Granadas representative on the board would have asked for any higher bid to be discussed at board level minimum

When Moores said he needed longer they pulled out

I want DIC in but the way they stamped their feet and took their ball away first time round is petulant to say the least, I'm certain they deeply regret that now.

I dont blame Moores much except for not checking Hicks' background

DIC only have themselves to blame for taking their ball away

One thing we should really do is give credit to Hicks & Gillett they saw DIC's period of exclusivity expire without them formalising their offer and gazumped them

Credit were credits due on that score they played a blinder

[Lecter]

I have to say the haste with which the deal with the yanks was completed has always troubled me as well, and I certainly agree that one of the main factors was that Parry/Moores wanted to save face after DIC pulled out.

That I would agree with

[Skillz]

Only partially correct

They correct term of considering a higher bid would be that is was "duly considered".

Now how long is duly considered, 1 hour, 3 hours 48 hours???

All the reports at the time suggested DIC put a 12 hour time limit on Moores, I would suggest that was highly unrealistic in terms of "duly considering". I'm almost certain Granadas representative on the board would have asked for any higher bid to be discussed at board level minimum

When Moores said he needed longer they pulled out

I want DIC in but the way they stamped their feet and took their ball away first time round is petulant to say the least, I'm certain they deeply regret that now.

I dont blame Moores much except for not checking Hicks' background

DIC only have themselves to blame for taking their ball away

One thing we should really do is give credit to Hicks & Gillett they saw DIC's period of exclusivity expire without them formalising their offer and gazumped them

Credit were credits due on that score they played a blinder

Stop it Lector, you know there is no room for sense on these forums. Too much of that goes against current perceptions and all you are doing is muddying the waters.