DIC latest - the largely wild speculation thread

[Jayesh87]

Hmmm, sounds iffy

[Vermilion]

No one is going to want to make a £500m investment without making a return. Of course DIC want to make money like Hicks and Gillett. The difference is how they make that money

Suppose it's a big difference that too. Although i did expect them to want their initial investment back, with some on top too, but i would hope they wouldn't need to rip the arse out of us to do it. Longer term plans & all that, no hurry to take that cash out of the club.

More of a prestige thing i was hoping, or wishing.

[wishiwasascouser]

I posted an old news article a while back , with a "financial expert" saying that DIC will only be able to make money with groundshare!

Dubai takeover 'will only work if Liverpool share stadium'
By DANIEL KING

Liverpool's potential new owners will be able to make a decent return on their £450 million investment only if they revisit proposals for a groundshare with arch-rivals Everton, according to a leading football finance expert.

Last night insiders at both clubs dismissed the idea, but Professor Tom Cannon, dean of the University of Buckingham, insists the controversial move is the only way Dubai International Capital could make the deal work.

Although Cannon rates the chances of the Dubai takeover going through as high, he believes that DIC could still walk away if they cannot see a way of significantly increasing profits.

DIC are the private equity arm of the Dubai state, whose leader is Sheikh Mohammed bin Rashin Al Maktoum, reputedly the fifth richest man in the world.

A groundshare would meet with huge opposition from both sides of the Merseyside divide.

Everton were once keen on the long-mooted idea, but they are now further down the road with plans to move to Kirby than Liverpool are with proposals for a new stadium in Stanley Park and would not want to feel beholden to their rivals or their new owners.

But government and development agencies have always made it clear they would give increased political and financial backing to a shared stadium.

Cannon said: "When DIC have invested in other businesses, they have been looking for a return of about 10 per cent per year on their money.

"In the last three years, Liverpool have averaged a profit of £1m-£2m. Even if DIC are looking to increase the profits to £20m, the only way I can see them doing it is by building a shared stadium. A hotel and other facilities would bring in a certain amount of money with one team, but with two they could make a lot more money."

But Professor Cannon has joined other experts in warning that the Sheikh will not be matching the Chelsea transfer spree funded by Roman Abramovich.

Cannon said: "I'm told that the Sheikh is far from impressed with the publicity surrounding the bid and the suggestion he is the new Abramovich.

"DIC are an investment company and they will not be looking at Liverpool out of sentiment or just as a way of raising the country’s profile. You could buy an awful lot of advertising for £450m."

If the DIC deal does not go through, American multi-millionaire George Gillett jnr could return with an improved bid.

Was written in 2006...

[G]

Whats Hicks email address again? Anyone?

[email protected]

[Vermilion]

The above article & the satatement that DIC can only make money with a ground share, how exactly can Hicks make money then WITHOUT a ground share if Cannon is correct in his view.

[wishiwasascouser]

The above article & the satatement that DIC can only make money with a ground share, how exactly can Hicks make money then WITHOUT a ground share if Cannon is correct in his view.

Good point, and lets hope he is wrong ! Reading the older news articles its clear they won't be throwing money at us - but I don't think we expected that anyway, just being run well and not being in the papers everyday will be a good start!

[glynner]

it should be [email protected]

[barnes10]

The above article & the satatement that DIC can only make money with a ground share, how exactly can Hicks make money then WITHOUT a ground share if Cannon is correct in his view.

because he doesnt have to pay 450mill+ to buy the club as it is today. he will have paid (if he buys GG) what 350 tops? if he can get the stadium built then he's laughing. if money raised against future gate reciepts is the principle behind the stadium financing with some security from hicks then we're sorted without a groundshare.

[red g]

The above article & the satatement that DIC can only make money with a ground share, how exactly can Hicks make money then WITHOUT a ground share if Cannon is correct in his view.

has cannon ever been right about anything?

[kopdan]

[email protected]

thanks fella

I wonder if i'll get a constructive reply to a constructive email?

[Vermilion]

because he doesnt have to pay 450mill+ to buy the club as it is today. he will have paid (if he buys GG) what 350 tops? if he can get the stadium built then he's laughing. if money raised against future gate reciepts is the principle behind the stadium financing with some security from hicks then we're sorted without a groundshare.

Dic would'nt have had to take out loans with the huge interest payments though, they would have been able to get much better terms. I'm not convinced at all with your theory, dic would get the same gate receipts, they may take longer to make the money is all, i dont accept its that easy for Hicks to profit & so hard for DIC.

[Vermilion]

has cannon ever been right about anything?

I was tempted to say the same thing, but thought i'd be shot down as he's a so called expert.

[Sarb]

Hmmm, sounds iffy

Better than saying we're buying Snoogy Doogy and then turn out to be a pair of skint cocks

[red g]

I was tempted to say the same thing, but thought i'd be shot down as he's a so called expert.

i would say he is a 'sky' expert......in otherwords a clueless ****

[wishiwasascouser]

Sorry about the article, I didn't know he spoke a load of ****.