Fancy Buying 25% Of Liverpool For £100m?

[kingfunk]

No, ML have been looking for investor's since January i believe, this has been mentioned many times before...why are these stories out again? Must be because of the recent sponsership details?

Could you find the story dated from january where 25% is up for sale?

[Pacman]

Could you find the story dated from january where 25% is up for sale?

I agree I'd like to read this.

[The Birdman]

What we need is something similar to Kronke (sp, I think) at Arsenal where he bought a minority share and has slowly built up his % over a period of time, can't quite see why somone would pay £100 mill not to have a say in anything as they would be joint 2nd largest shareholder.

[James P]

This values the club at £400M then.

Actually, it doesn't. It values it at a lot more than £400m, because the valuation will include something called a minority discount.

The principal is pretty straightforward - if you buy a majority shareholding in a business, it gives you control over that business. The relative intrinsic value of that shareholding is therefore much higher than a minority, non-controlling shareholding, which gives you little more than a share in the profits, and representation at shareholders meetings (and possible representation on the board, dependent on how the agreement is structured).

The degree to which the value of a minority interest shareholding is discounted is dependent on a number of factors, including the size of the shareholding and the nature of the Shareholders' Agreement (the formal document setting out how the shareholders will exercise control as a group, and how the profit sharing arrangements will work). We don't know the details of this, clearly, but as a best estimate I would say that the Americans still value the club at between £450m and £500m.

[Scratch]

http://www.liverpoolecho.co.uk/liver...0252-22761407/

From one Tony Barrett, Jan 23rd 2009

TOM HICKS and George Gillett have appointed rival banks in a bid to root out prospective buyers for Liverpool.

In the latest indication of the ongoing split between the club's owners, Hicks has appointed Merrill Lynch, while Rothschilds are working on behalf of Gillett.
In the past month advisers for Hicks have held a series of meetings with potential investors, on at least one occasion without the knowledge of Gillett, although that situation has since been resolved by the pair.

The family of former Newcastle suitor Nasser al Kharafi has been identified by Merrill Lynch as one possible buyer and Liverpool's chief financial officer, Philip Nash – a close ally of Hicks – travelled to the Middle East earlier this week to hold talks with the 48th richest man in the world.

When the ECHO learned of the latest development we contacted Hicks' London-based PR advisers Financial Dynamics but were issued with an emphatic denial.

But sources close to Hicks insist that ongoing discussions are taking place with al Kharafi, who is interested in a total buyout of the Anfield club.

It has emerged in the talks that al Kharafi – who attended Liverpool College of Commerce before graduating with a Bachelor of the Arts degree in Business Administration – has claimed to be a Reds fan.

Hicks is looking to retain a stake in the club, possibly even as high as 25%, as he views Liverpool as a potentially lucrative investment going forward and does not want to miss out on the expected massive returns should the club finally move to its long planned new stadium.

Gillett, on the other hand, is understood to be ready to sell his stake in its entirety, having become increasingly disillusioned with life as co-owner of Liverpool.

[Pedenj]

Thing at Arsenal is that he can gain the shares slowly from different sources, where as to gain any extra at Liverpool one of the two owners would want out and the other one would have to agree just to Veto powers I would assume.

[Pacman]

http://www.liverpoolecho.co.uk/liver...0252-22761407/

From one Tony Barrett, Jan 23rd 2009

TOM HICKS and George Gillett have appointed rival banks in a bid to root out prospective buyers for Liverpool.

In the latest indication of the ongoing split between the club's owners, Hicks has appointed Merrill Lynch, while Rothschilds are working on behalf of Gillett.
In the past month advisers for Hicks have held a series of meetings with potential investors, on at least one occasion without the knowledge of Gillett, although that situation has since been resolved by the pair.

The family of former Newcastle suitor Nasser al Kharafi has been identified by Merrill Lynch as one possible buyer and Liverpool's chief financial officer, Philip Nash – a close ally of Hicks – travelled to the Middle East earlier this week to hold talks with the 48th richest man in the world.

When the ECHO learned of the latest development we contacted Hicks' London-based PR advisers Financial Dynamics but were issued with an emphatic denial.

But sources close to Hicks insist that ongoing discussions are taking place with al Kharafi, who is interested in a total buyout of the Anfield club.

It has emerged in the talks that al Kharafi – who attended Liverpool College of Commerce before graduating with a Bachelor of the Arts degree in Business Administration – has claimed to be a Reds fan.

Hicks is looking to retain a stake in the club, possibly even as high as 25%, as he views Liverpool as a potentially lucrative investment going forward and does not want to miss out on the expected massive returns should the club finally move to its long planned new stadium.

Gillett, on the other hand, is understood to be ready to sell his stake in its entirety, having become increasingly disillusioned with life as co-owner of Liverpool.

That's a bit different to what is being said now but thanks all the same.

[Scratch]

That's a bit different to what is being said now but thanks all the same.

Like i was saying, ML have long been looking into selling upto 25% of the club, Tony Barrett was well aware of this, so now that sponsership is sorted, and Purslow and Hicks have both mentioned the stadium, why not regurtitate old news in a new form.

[-V-]

Lets hope Mike Ashley doesn't manage to get his sale

[EwarWoo]

Wait for Fredo and the gang to turn up and tell you not to believe everything you read in the papers.

If it's true (and it probably is, only Hicks statements are lies everything else in the media is damn straight 100% truth) it can only be good news.

At least they're looking at getting capital in without increasing debt. Can only be a good thing.

[johnly]

I have a tenner and a bag of coppers, does anyone want to chip in with me? If he's looking for someone to buy 25% is it his 25%? A combination of shares from both him and GG? What's the split here? The way it could go would be that Hicks sells 25%, then the other party could buy 26% off Gillett, would this then make them majority shareholder and then give them the right to start a takeover? Or am I misreading this?

[Rafael Benítez Maudes]

i'm going to win the euro millions on friday.

but i'm not sure what to do.

either buy into liverpool fc

or waste it on everything and anything i want.

what a dilemma

[kingfunk]

http://www.liverpoolecho.co.uk/liver...0252-22761407/

From one Tony Barrett, Jan 23rd 2009

TOM HICKS and George Gillett have appointed rival banks in a bid to root out prospective buyers for Liverpool.

In the latest indication of the ongoing split between the club's owners, Hicks has appointed Merrill Lynch, while Rothschilds are working on behalf of Gillett.
In the past month advisers for Hicks have held a series of meetings with potential investors, on at least one occasion without the knowledge of Gillett, although that situation has since been resolved by the pair.

The family of former Newcastle suitor Nasser al Kharafi has been identified by Merrill Lynch as one possible buyer and Liverpool's chief financial officer, Philip Nash – a close ally of Hicks – travelled to the Middle East earlier this week to hold talks with the 48th richest man in the world.

When the ECHO learned of the latest development we contacted Hicks' London-based PR advisers Financial Dynamics but were issued with an emphatic denial.

But sources close to Hicks insist that ongoing discussions are taking place with al Kharafi, who is interested in a total buyout of the Anfield club.

It has emerged in the talks that al Kharafi – who attended Liverpool College of Commerce before graduating with a Bachelor of the Arts degree in Business Administration – has claimed to be a Reds fan.

Hicks is looking to retain a stake in the club, possibly even as high as 25%, as he views Liverpool as a potentially lucrative investment going forward and does not want to miss out on the expected massive returns should the club finally move to its long planned new stadium.

Gillett, on the other hand, is understood to be ready to sell his stake in its entirety, having become increasingly disillusioned with life as co-owner of Liverpool.

Retain
/rɪˈteɪn/ Show Spelled Pronunciation [ri-teyn] Show IPA

1. to keep possession of.
2. to continue to use, practice, etc.: to retain an old custom.
3. to continue to hold or have: to retain a prisoner in custody; a cloth that retains its color.

Sell
1  /sɛl/ Show Spelled Pronunciation [sel] Show IPA verb, sold, sell⋅ing, noun

1. to transfer (goods) to or render (services) for another in exchange for money; dispose of to a purchaser for a price: He sold the car to me for $1000.
2. to deal in; keep or offer for sale: He sells insurance. This store sells my favorite brand.
3. to make a sale or offer for sale to: He'll sell me the car for $1000.
4. to persuade or induce (someone) to buy something: The salesman sold me on a more expensive model than I wanted.
5. to persuade or induce someone to buy (something): The clerk really sold the shoes to me by flattery.

[dom9]

Actually, it doesn't. It values it at a lot more than £400m, because the valuation will include something called a minority discount.

The principal is pretty straightforward - if you buy a majority shareholding in a business, it gives you control over that business. The relative intrinsic value of that shareholding is therefore much higher than a minority, non-controlling shareholding, which gives you little more than a share in the profits, and representation at shareholders meetings (and possible representation on the board, dependent on how the agreement is structured).

The degree to which the value of a minority interest shareholding is discounted is dependent on a number of factors, including the size of the shareholding and the nature of the Shareholders' Agreement (the formal document setting out how the shareholders will exercise control as a group, and how the profit sharing arrangements will work). We don't know the details of this, clearly, but as a best estimate I would say that the Americans still value the club at between £450m and £500m.

Interesting.

[sambirken]

Retain
/rɪˈteɪn/ Show Spelled Pronunciation [ri-teyn] Show IPA

1. to keep possession of.
2. to continue to use, practice, etc.: to retain an old custom.
3. to continue to hold or have: to retain a prisoner in custody; a cloth that retains its color.

Sell
1  /sɛl/ Show Spelled Pronunciation [sel] Show IPA verb, sold, sell⋅ing, noun

1. to transfer (goods) to or render (services) for another in exchange for money; dispose of to a purchaser for a price: He sold the car to me for $1000.
2. to deal in; keep or offer for sale: He sells insurance. This store sells my favorite brand.
3. to make a sale or offer for sale to: He'll sell me the car for $1000.
4. to persuade or induce (someone) to buy something: The salesman sold me on a more expensive model than I wanted.
5. to persuade or induce someone to buy (something): The clerk really sold the shoes to me by flattery.

Don't get it. Please explain.