DIC latest - the largely wild speculation thread

[Mattshark]

Anyone know what the sterling/ dollar excahange rate is now? If the dollar is still very weak then £25mil equates to a lot more if used over there.

Right now it is US$1.98 = £1

[Joe King]

Dan Roan from SSN knows nothing more than the average Liverpool fan. I don't understand why these stations have chief reporters

[MattB]

From the Globe and Mail (Canadian).

Checkout the last sentence.


Dubai consortium makes bid for Liverpool

Associated Press

March 4, 2008 at 8:12 AM EST

LIVERPOOL, England — Dubai International Capital made an $800 million bid for Liverpool on Tuesday — and gave the club's embattled American owners a 24-hour deadline.

An executive working on the bid told The Associated Press that DIC — the private-equity investment arm of the Dubai government — wants an answer within 24 hours from Tom Hicks and George Gillett Jr. He spoke on condition of anonymity because of the sensitivity of the negotiations.

Interesting that this 'source' said there was a deadline, but this has later been denied. Could suggest that negotiations are now on a more sensible footing and the 'take it or leave it' tactic has worked

I'd be interested to know the relative timing of the deadline/no deadline comments

[Lecter]

From the Echo forum

DICNAZ



Joined: 14 Feb 2008
Posts: 5

Posted: Tue Mar 04, 2008 1:32 pm Post subject: News Update on 04.03.08

--------------------------------------------------------------------------------

Hello Fellow Reds

Thank you for writing to my inbox regarding information regarding the DIC takeover for the wholesale purchase of Liverpool Football Club.

49.98% x 2 owned by the two American partners and now ready to be signed over to DIC International Trading Group. .04% is owned by a thrid party which i am not able to divulge at this time of writing.

This sale is very close within the next 48hrs to be Totally signed off. We have a few minor issues regarding the Trade price of shares between the current owners.

I conclude that Liverpool Football Club will be in DIC ownership by the weekend.

Thank you all again for you messages to DIC and also to my inbox. I hope to see Liverpool Football Club become one of the best run sporting clubs in the world.

[Cleo]

Hopefully this isn't true...

AP NewsBreak: Hicks, Gillett reject DIC bid to buyLiverpool
Eds: APNewsNow; RECASTS with bid rejected
By ROB HARRIS
Associated Press Writer
LIVERPOOL, England (AP) — Liverpool co-owners Tom Hicks and George Gillett Jr. have rejected Dubai International Capital’s bid for the Premier League club, The Associated Press has learned.
The 400 million pound (US$800 million) offer was immediately turned down, a person involved with the negotiations told the AP. He spoke on condition of anonymity because of the sensitivity of the situation.
DIC on Tuesday gave the Americans 24 hours to accept its offer.
Hicks is committed to retaining his 50 percent share in Liverpool while Gillett is reportedly willing to sell. Hicks has said he can block Gillett from selling his stake.
The duo bought the club last year for 218.9 million pounds (then US$431 million) — beating a rival bid from the Dubai consortium.
041341 mar 08GMT

[MattB]

From the Echo forum

DICNAZ



Joined: 14 Feb 2008
Posts: 5

Posted: Tue Mar 04, 2008 1:32 pm Post subject: News Update on 04.03.08

--------------------------------------------------------------------------------

Hello Fellow Reds

Thank you for writing to my inbox regarding information regarding the DIC takeover for the wholesale purchase of Liverpool Football Club.

49.98% x 2 owned by the two American partners and now ready to be signed over to DIC International Trading Group. .04% is owned by a thrid party which i am not able to divulge at this time of writing.

This sale is very close within the next 48hrs to be Totally signed off. We have a few minor issues regarding the Trade price of shares between the current owners.

I conclude that Liverpool Football Club will be in DIC ownership by the weekend.

Thank you all again for you messages to DIC and also to my inbox. I hope to see Liverpool Football Club become one of the best run sporting clubs in the world.

Who is that supposed to have been written by? Interesting detail, but **** grammar

[Pacman]

Hopefully this isn't true...

AP NewsBreak: Hicks, Gillett reject DIC bid to buyLiverpool
Eds: APNewsNow; RECASTS with bid rejected
By ROB HARRIS
Associated Press Writer
LIVERPOOL, England (AP) — Liverpool co-owners Tom Hicks and George Gillett Jr. have rejected Dubai International Capital’s bid for the Premier League club, The Associated Press has learned.
The 400 million pound (US$800 million) offer was immediately turned down, a person involved with the negotiations told the AP. He spoke on condition of anonymity because of the sensitivity of the situation.
DIC on Tuesday gave the Americans 24 hours to accept its offer.
Hicks is committed to retaining his 50 percent share in Liverpool while Gillett is reportedly willing to sell. Hicks has said he can block Gillett from selling his stake.
The duo bought the club last year for 218.9 million pounds (then US$431 million) — beating a rival bid from the Dubai consortium.
041341 mar 08GMT

It will be true.

[blacky]

From the Echo forum

DICNAZ



Joined: 14 Feb 2008
Posts: 5

Posted: Tue Mar 04, 2008 1:32 pm Post subject: News Update on 04.03.08

--------------------------------------------------------------------------------

Hello Fellow Reds

Thank you for writing to my inbox regarding information regarding the DIC takeover for the wholesale purchase of Liverpool Football Club.

49.98% x 2 owned by the two American partners and now ready to be signed over to DIC International Trading Group. .04% is owned by a thrid party which i am not able to divulge at this time of writing.

This sale is very close within the next 48hrs to be Totally signed off. We have a few minor issues regarding the Trade price of shares between the current owners.

I conclude that Liverpool Football Club will be in DIC ownership by the weekend.

Thank you all again for you messages to DIC and also to my inbox. I hope to see Liverpool Football Club become one of the best run sporting clubs in the world.

Prays that this is true

[BFG]

Right now it is US$1.98 = £1

Thankyou.

[Pacman]

From the Echo forum

DICNAZ



Joined: 14 Feb 2008
Posts: 5

Posted: Tue Mar 04, 2008 1:32 pm Post subject: News Update on 04.03.08

--------------------------------------------------------------------------------

Hello Fellow Reds

Thank you for writing to my inbox regarding information regarding the DIC takeover for the wholesale purchase of Liverpool Football Club.

49.98% x 2 owned by the two American partners and now ready to be signed over to DIC International Trading Group. .04% is owned by a thrid party which i am not able to divulge at this time of writing.

This sale is very close within the next 48hrs to be Totally signed off. We have a few minor issues regarding the Trade price of shares between the current owners.

I conclude that Liverpool Football Club will be in DIC ownership by the weekend.

Thank you all again for you messages to DIC and also to my inbox. I hope to see Liverpool Football Club become one of the best run sporting clubs in the world.

on the Echo forum?

As if

[Shaggy]

Hopefully this isn't true...

AP NewsBreak: Hicks, Gillett reject DIC bid to buyLiverpool
Eds: APNewsNow; RECASTS with bid rejected
By ROB HARRIS
Associated Press Writer
LIVERPOOL, England (AP) — Liverpool co-owners Tom Hicks and George Gillett Jr. have rejected Dubai International Capital’s bid for the Premier League club, The Associated Press has learned.
The 400 million pound (US$800 million) offer was immediately turned down, a person involved with the negotiations told the AP. He spoke on condition of anonymity because of the sensitivity of the situation.
DIC on Tuesday gave the Americans 24 hours to accept its offer.
Hicks is committed to retaining his 50 percent share in Liverpool while Gillett is reportedly willing to sell. Hicks has said he can block Gillett from selling his stake.
The duo bought the club last year for 218.9 million pounds (then US$431 million) — beating a rival bid from the Dubai consortium.
041341 mar 08GMT

FFS. Please no.

[The Erectile Banana]

I'm liking the optimistic report but like pacman, I fear the more negative one may be true.

Why can't Hicks just **** off back to his cave in Texas?

[BFG]

You've got to ask yourself, if that isn't enough profit for them, exactly what have they in mind for LFC whereby they think they'll make more?

It's all conjecture at the moment but I'm fearing the worst too.

[Abro100]

They'll sell gerrard and go!!

[MattB]

Hopefully this isn't true...

AP NewsBreak: Hicks, Gillett reject DIC bid to buyLiverpool
Eds: APNewsNow; RECASTS with bid rejected
By ROB HARRIS
Associated Press Writer
LIVERPOOL, England (AP) — Liverpool co-owners Tom Hicks and George Gillett Jr. have rejected Dubai International Capital’s bid for the Premier League club, The Associated Press has learned.
The 400 million pound (US$800 million) offer was immediately turned down, a person involved with the negotiations told the AP. He spoke on condition of anonymity because of the sensitivity of the situation.
DIC on Tuesday gave the Americans 24 hours to accept its offer.
Hicks is committed to retaining his 50 percent share in Liverpool while Gillett is reportedly willing to sell. Hicks has said he can block Gillett from selling his stake.
The duo bought the club last year for 218.9 million pounds (then US$431 million) — beating a rival bid from the Dubai consortium.
041341 mar 08GMT

Might explain the deadline denials...

But, if it was a 'final offer or we walk moment' and they have turned it down, why is the situation still 'sensitive'. You'd think that would be an end to it

Few more twists and turns yet I reckon