DIC latest - the largely wild speculation thread

[bobbyfallon]

I just dont see it working and neither does anyone in the financial industry I have spoken with

Everyone seems to think its suicidal for DIC to take 49%

i wouldnt know the ins an outs of a business deal this big

my take on it would be that DIC are willing to play a waiting game for hicks to **** up somewhere (maybe not meet certain repayments etc)- and he will.

IF they get in in the first place.

just wish it was all over now at this stage but to me 49% is better than nothing. - a start if you like

[Darth Marty]

I think Pablo has got this sorted, its to do with Hicks sorting out his other franchises in the states, DIC are sympathetic to this and could be willing to allow him majority for the interim period. I reckon its pretty much sorted and what we are seeing is the end game and the little final bits and pieces being sorted.

Who really knows though?

[Lecter]

id have thought the first option deal was all or nothing,buy my 50% or **** off so i can sell to who i want.

id be amazed if hicks has the authority to buy what ever amount of shares that he wants to.

I agree

Theres a few reasons why I think this 49% talk is bollocks

We have done all the reasons above why it would be daft on DIC's part to enter into a minority deal with Hicks

However it also missus the disadvantages to Gillett. If Gilletts sells 1% to Hicks, then the balance of his stake wont be worth as much to DIC, therefore his overall package would be less imo

[Lecter]

IF DIC buy 49% then they must be very sure that the credit crunch will get even worse and that Hicks will be forced to sell.

Its extremely risky though AF

I just cant see the logic and I think we will have the club floundering for years to come if they only get 49%

Hicks will call the shots and polarise DIC

The above is just hope imo

[Skillz]

I just dont see it working and neither does anyone in the financial industry I have spoken with

Everyone seems to think its suicidal for DIC to take 49%

Unless there is an agreement for sale at a later date. If the 49% goes ahead I have no doubt it is a show for the masses. DIC would not be party to a 49% agreement without knowing they will soon be majority.

[AFII]

Lec, what would happen with Hicks first option/veto if DIC buy 49% from Gillett?

Can he still block Gillett from selling the one % that he still have left to DIC or would he have to buy the 1% before DIC buy the 49%?

[Lecter]

Unless there is an agreement for sale at a later date. If the 49% goes ahead I have no doubt it is a show for the masses. DIC would not be party to a 49% agreement without knowing they will soon be majority.

Agreed

[Skillz]

Its extremely risky though AF

I just cant see the logic and I think we will have the club floundering for years to come if they only get 49%

Hicks will call the shots and polarise DIC

The above is just hope imo

Personally I would wait and see if the 49% thingy actually happens.

[carlton]

No public statements to this effect by DIC either. This 49% could be Hicks spin? Why would Hicks be flying to meet DIC if he is going to call the shots?

[Lecter]

Lec, what would happen with Hicks first option/veto if DIC buy 49% from Gillett?

Can he still block Gillett from selling the one % that he still have left to DIC or would he have to buy the 1% before DIC buy the 49%?

My understanding is the first option is all or nothing

Now I'm sure hicks would love 1% its his ideal scenario little outlay to gain overall control

The reasons why Gillett & DIC wouldnt go for this have been laid out above

As has been said the only logical explanation for taking 49% is on the basis of guaranteeing further holdings at a later date

[Lecter]

Personally I would wait and see if the 49% thingy actually happens.

I dont think it will myself

Cant see any sense in it

[Lecter]

No public statements to this effect by DIC either. This 49% could be Hicks spin? Why would Hicks be flying to meet DIC if he is going to call the shots?

Thats my slant on things as well

[Jayesh87]

Well the rumours were apparently started by a senior source from DIC, dont see why they would start the rumours if it wasn't true.

[Skillz]

Lec, what would happen with Hicks first option/veto if DIC buy 49% from Gillett?

Can he still block Gillett from selling the one % that he still have left to DIC or would he have to buy the 1% before DIC buy the 49%?

As was reported a week or so ago I would expect if Hicks takes majority ownership it would trigger a new ownership agreement.

[carlton]

Thats my slant on things as well

Im getting more than a little worried that DIC are not far away from saying:bird: to GG and Hicks and leaving them to sort out the mess they have made.