So, this 3 day board meeting....

[EwarWoo]

Sorry, but most of that simply isn't true. Al Ansari has been coming to matches for years, long before any takeover by DIC was discussed - but I've seen no mention of the shiek's sone coming to Anfield

Well, it was teh CEO, not teh son. But rest of it is simply a matter of opinion so you can't really say it's true or not true. And it stacks up even better with teh CEO than it does with the son

[Me08]

well if gillete is meant to be on canadian radio tonight, that must mean that the 3 day meeting is over.......some news should have leaked by now??
unless he is gunna be in Liverpool only phoning into the radio station to have a Q&A...
see what technology can do...and yet these fools cant use it when it comes to LFC!!

[Rix007]

[Snigger]

DIC have said on many occasions that this is not a leveraged deal. They will put real money into the club. So worry less DWW.

I remember two American cunts saying exactly the same thing.

[kev776]

I remember two American cunts saying exactly the same thing.

Has George Dubber Bush and his Defence Secretary bought the club ?

[EwarWoo]

I remember two American cunts saying exactly the same thing.

Yeah, but it would make absolutely no sense for DIC to loan the money. They don't need to pay interest, they have enough money by themselves to not have to.

[MattB]

Well, it was teh CEO, not teh son. But rest of it is simply a matter of opinion so you can't really say it's true or not true. And it stacks up even better with teh CEO than it does with the son

Not really. The rest of it is in the public domain. DIC is an investment business and, as such, exists to make money. It has a track record of structuring deals in pretty much the same way as G&H, albiet with more ready access to credit via Dubia's soverign wealth fund.

Think of it this way. If they pay £400m odd in cash for the club, they would take ten years to break even IF the club made a £40m profit every year (after investment in playing staff etc etc) and that's not including financing a stadium. That's a lot of money to be sitting around earning nothing for ten years. The other option in a cash takeover would be to sell up after a much shorter term having raised the value of the club sufficiently to make a decent return (sound familiar).

In reality, given their stated preference for 'long term value' from investments , the only way is to finance a purchase with debt. That way, in theory at least, you get to service the debt and make a tidy return each year. On top of that, when you sell, you still make just as good a return as you would if you bought with cash. That is what G&H are trying to do and it is what DIC would do a version of too

The bit about LFC's investment potential is straight from Ansari himself

[friedk]

Maybe it's just recognition by the club that Parry needs longer than most to get anything done.

[MattB]

Yeah, but it would make absolutely no sense for DIC to loan the money. They don't need to pay interest, they have enough money by themselves to not have to.

But DIC does not have money of its own. It is an investment vehicle for the Dubia 'state' or the Dubia royal family in other words - it makes investments on behalf of a sovereign wealth fund. The point of DIC is to make that fund bigger, not just spend it - so it essentially borrows money from the SW fund on the condition that its investments make a return for the fund. Not really that different from borrowing from a bank, except the funds are more readily available and there might be more room for negotiation on interest/return rates etc

Stuff like race horses etc are very different investments, bought by the sheik from his personal wealth

I want G&H out as much as anyone, but I'm not kidding myself that DIC isn't just a potentially, slightly better version of the same thing.

[Resu]

But DIC does not have money of its own. It is an investment vehicle for the Dubia 'state' or the Dubia royal family in other words - it makes investments on behalf of a sovereign wealth fund. The point of DIC is to make that fund bigger, not just spend it - so it essentially borrows money from the SW fund on the condition that its investments make a return for the fund. Not really that different from borrowing from a bank, except the funds are more readily available and there might be more room for negotiation on interest/return rates etc

Stuff like race horses etc are very different investments, bought by the sheik from his personal wealth

I want G&H out as much as anyone, but I'm not kidding myself that DIC isn't just a potentially, slightly better version of the same thing.

Isn`t this the reason that it has been reported that it`s now the sheik that wants in, not DIC? He doesn`t HAVE to care about profit, while DIC have to.

[Rix007]

I think we need to get used to the idea of Laurel & Hardy owning the club.Whilst we all want to believe that maybe Pezzer is right(DIC bought us) or this supposed 3 day board meeting is happening to resolve issues at the club, we are fooling ourselves...
We just need to back the manager and team. Rafa and the boys are all that matter.
If we are owned by DIC, then good...If not **** it and lets get back down to the business of football.

[MattB]

Isn`t this the reason that it has been reported that it`s now the sheik that wants in, not DIC? He doesn`t HAVE to care about profit, while DIC have to.

On the other hand, you could argue that rumours (and that's all they are as far as I'm concerned) of the sheik getting involved was a cynical PR stunt designed to distance the whole Dubai bid from camparisons with G&H. Whether there was any truth in it, and if his involvement would alter the overall approach (It was DIC that met with SOS, attended various matches last season, briefed the media etc etc and DIC that Hicks wrote to/met), remains to be seen.

Just because the sheik allegedly has taken a personal interest doesn't mean he'd spend his own money, it just means he wants it to happen.

[EwarWoo]

I want G&H out as much as anyone, but I'm not kidding myself that DIC isn't just a potentially, slightly better version of the same thing.

Don't get me wrong, from reading your posts on the subject you clearly seem to know more about it than me, not saying otherwise.

However I'm not willing to lose hope or sight of the possible positives. Another big one being single owner. Single vision. No media bull****.

I'm keeping my rose tinted spectacles on for now, because nothing can look as **** as the current ownership.

[MattB]

However I'm not willing to lose hope or sight of the possible positives. Another big one being single owner. Single vision. No media bull****.

Can't argue with that mate.

[coop]

The Sheikh is involved in Dubai wanting to take over Liverpool but only from the fact that he gets reports on how talks are doing.

There is no way DIC or any other subsidary of Dubai Holding would be allowed to continue talks with Liverpool without the Sheikh's persmission.

Matt is right in the fact that DIC would have to make a short term profit whilst under the guidance of Dubai Holding we wouldnt be under such financial restraints.