DIC latest - the largely wild speculation thread

[The Erectile Banana]

Dunk really does have a vivid imagination.

[Jazzmaster]

I've had chance to read my emails and listen to my messages now and it's all very interesting. As promised this is what I've been told.

Last night I said, 'two's company, three's a crowd..... Four is getting cluttered!'

Well, there are now 4 separate factors involved with the deal.

1. Tom Hicks and George Gillett.

2. DIC

3. A fans representative

4. Hicks's other investors from the U.S.

To summarise:

Gillett has been unwell and unable to keep up with the unfolding events. I don't know the severity of his ill health but Hicks has taken the lead in pushing his partner towards a sale. Irrespective of Gillett's health Hicks needs / wants a partner with significant 'liquid' cash behind them and so he's urging Gillett to quit. However, Hicks wants to hand pick the buyer. Understandably, Gillett's attitude has been negative to this line of approach and he's resentful about being dictated to. Gillett's preferred option in now DIC.

DIC have negotiated a fee with Gillett exclusively and he's agreed the sale price. As a courtesy DIC have included Hicks in the negotiations, understanding that he would be a likely partner in the short term. Hicks has reluctantly taken part in the negotiations and feels very threatened by their looming presence. Remember, he wants to keep control. He came around to the idea of letting them have 49% but wanted to understand what their involvement would be. Obviously, DIC want to finance the club (Hicks can't match their spending predictions) and install an independent fans representative to the board.

Hicks feels threatened by DIC in isolation, he fears what control he can exert over the cub, even if he owns 51%. Add a fans representative into the mix (Hicks is very aware of our (the fans) opinions towards him) and he feels he'd be a lame duck. Remember Hicks wants to keep control!

So, in a frantic attempt to strengthen his position HIcks has gone back to the U.S. to work on 3 finance packages. 1. Funding a buyout of Gillett himself. 2. Finding a rich partner. 3. Doing a very complicated deal with the banks for them to own a portion of the club and finance it over the next 25 years. At the moment, the most likely and well received option has been securing an uber-rich west coast investor - someone with a huge venture capital record and some involvement with U.S. based sports.
As we stand today the door is still open to DIC to bid for Gillett's entire 50% and shut Hicks out. After placing this offer Hicks would have 90 days to match it. DIC won't improve the initial cash offer to Gillett by very much but this should be enough to preclude Hicks after 90 days. DIC could vastly improve the after sale sweeteners to Gillett. In which case Gillett will find a legal way to push the sale trough.

I'm also told that along with the Gillett plan DIC still haven't given up on buying Hicks out completely. Hoping that he realises that he's got know where left to go.... This all depends on Hicks not pulling off a master swoop and convincing his west coast friend to get involved.

This is far from over!

Kraft.

[Steve101]

That power hungry bitch has probably ****ed all this up with her mad gloating in the press.

You've got to laugh haven't you? What a post, as poor as its gets.

[Kev_81]

We need some better leaks about Gillet's reason for sale, is it financial (if which case we are ****ed) or is it simply that he doesn't get along with Hicks, If its the second bit then he may sit tight and not sell to Hicks and make Hicks sweat as he could not run he club as he wants in the short term (although he is having a good go even now).

I would take more turmoil heading into the summer if it meant the right outcome, hopefully Gillet has the stomach for a battle. Hicks releasing statements about exploring other investors to buy Gillet out should be met by comments from Gillet's camp saying he has the right to Veto those bids.

[Chrono]

So who is the west-coast financer being referenced too?

[BFG]

Dunk really does have a vivid imagination.

It's Dunk.

[Steve101]

Every Liverpool fan is going to ring in pretending they are from SSN

'This is Chris Kamara from SSN...'

...and they'll say 'unbelievable jeff, it's all going on here!!'

[Joe King]

Dunk's english isn't that good.

[carlton]

wheres that from mate?

[bobbyfallon]

ok so if the problem is hicks doesnt want lfc decisions run by a "committee" - or board of

directors cant he just appoint more board members (as 51% majority sharholder) than

DIC and use them as puppets to out vote everyone else on the board??

got to be something more to this

[BFG]

Dunk's english isn't that good.

Yeah he probably had help but I still had a membership when 'Sckair' started posting and every post stunk of him. Big claims, **** stirring and controversial crap. I'd be amazed if Dunk ain't behind it.

[Darkon]

It's Dunk.

At least they get a bit for their £30 then

[desertscouser]

Did this lad post that on koptalk?

Are there still pricks that use that site?

[robbielad9]

So who is the west-coast financer being referenced too?

I think its Robert Kraft, although apparently on one of the threads this morning Krafts company have flatly denied any involvement with Hicks now or in the future

[The Erectile Banana]

wheres that from mate?

Sckair is a poster on Koptalk.

Wouldn't believe a word of it mate.

Unless of course Robert Kraft truly is a member of Koptalk. Just like George Gillett and Tom Hicks and Allah and Buddha and Robbie.