Originally posted by Nicey
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Saudi to buy 50%??
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Not quite sure what to make of this, if anything. Might just be a smoke-screen
Gillett rejects takeover talk
Reds co-owner moves to dispel rumours
Last updated: 30th September 2009 Subscribe to RSS Feed
Gillett rejects takeover talk
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Liverpool co-owner George Gillett has played down rumours that a buy-out of the club is in the offing.
Widespread reports have suggested Prince Faisal bin Fahd bin Abdullah al-Saud's F6 investment company was planning to make a major investment in the club and possibly gain Gillett's 50 per cent stakeholding.
However, Gillett, who invited Prince Faisal bin Fahd bin Abdullah to last weekend's game with Hull, insists the meeting was regards establishing football academies in Saudi Arabia and NASCAR in the Middle East, and not any investment in Liverpool.
Gillett and co-owner Tom Hicks confirmed in a statement on Tuesday that they want to attract outside investment for the club and Gillett was happy with his talks with the F6 group.
"We had a marvellous meeting with them on Saturday and they were impressed with the club, but the academies in Saudi Arabia and North Africa and their possible involvement in NASCAR-type racing in the Middle East were the only items on the agenda," Gillett told thesportbriefing.com.
"We have entered into a period of exclusive discussions regarding the possibility of introducing NASCAR-type racing to the Middle East, but the memorandum of understanding does not cover anything else."
Opportunities
F6 director Barry Didato confirmed they are exploring commercial opportunities with Liverpool, but that their discussions "does not involve the possibility of an immediate investment in Liverpool", with any possible transaction being "several months away".
"As far as investment in Liverpool is concerned, that would be a long way off. A lot of people have jumped the gun and any possible investment would be several months away," said Didato.
"The agreement signed (at the weekend) leaves the door open for it (possible future investment in Liverpool), but that was certainly not the focus of it."
Didato added that no talks have been staged between F6 and Hicks, who, like Gillett, owns 50 per cent of Liverpool.
"George has a partner there and has his own issues to work through," Didato added. "Mr Hicks will also have his own issues and we are not sure what he wants to do.
"Another issue is the club's debt (of around £245million). Prince Faisal will not put forward investment capital to just clean up a balance sheet. He would only want to use money to take the club forward. It would be long-term money."
Didato said that Prince Faisal would have an open mind regarding the ultimate stake he could hold in the club.
"His Highness is open to anything and is open to being a minority shareholder, but he has tremendous favourability towards the brand and institution of Liverpool," noted Didato.
"His Highness would need to be invited by George and it would have to be at the right time for George. There would need to be a shared vision between all of the parties."
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Liverpool FC owners George Gillett and Tom Hicks up for new deal
Sep 30 2009 by Staff Reporter, Liverpool Echo
Comment (1)Recommend (2) LIVERPOOL FC’s American co-owners George Gillett and Tom Hicks have moved swiftly to distance themselves from outlandish claims that a Saudi Arabian Prince is about to buy into Anfield.
But the pair have jointly admitted they are looking for new partners to inject cash into the Reds.
Saudi Prince Faisal bin Fahd bin Abdullah al-Saud has reportedly said he is on the verge of taking a 50% stake in the club. But that is not the reality, the ECHO understands.
Instead, Hicks and Gillett have now sent clear signals around the world that a deal - or deals - to take a stake in Liverpool is there to be done.
A spokesman for the pair said: “The owners have jointly retained Bank of America Merrill Lynch and Rothschild to evaluate the possibility of new investors injecting equity into LFC.
“However, the process is at an early stage, there is no agreement with any party and reports to the contrary are wholly inaccurate.”
Speculation was fuelled by Prince Faisal’s appearance as a guest of Gillett at Saturday’s 6-1 home victory over Hull City.
With Hicks and Gillett equal partners at Anfield, neither can sell any of their shares without the other’s approval, a situation which led to major tensions between the pair when Hicks blocked Gillett’s attempt to sell to a Dubai consortium in 2008.
Hicks is looking to raise up to £200m from investors in return for a 25% investment, with the American keen to lower the club’s debt and generate funds for the proposed new stadium at Stanley Park.Bob Paisley - "This club has been my life. I'd go out and sweep the street and be proud to do it for Liverpool if they asked me to."
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What's going on now why is the Saudi Price claiming one thing and Hicks and Gillett claiming another, why do we always have this nonesense?
So Hicks values the club at £800m at present it would seem?
The only gracious way to accept an insult is to ignore it; if you can't ignore it, top it; if you can't top it, laugh at it; if you can't laugh at it, it's probably deserved.
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£800m for Liverpool, no feckin way.Originally posted by Exiled_red View PostWhat's going on now why is the Saudi Price claiming one thing and Hicks and Gillett claiming another, why do we always have this nonesense?
So Hicks values the club at £800m at present it would seem?
Money Grabber.
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This is going to end up like all the other takeovers. The potential person/country/company that wants to take us over will get huge media exposure. They will blame H&G and pull out citing 'crazy/dreamland' valuations of a club. After which, there would be an end to the takeover. Roll on next Chelsea game at Anfield and another potential takeover will be rumoured. Its the same yearly occurance evertime we play West Ham/Chelsea.
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nice to see you back posting again Lec - we've missed you!Originally posted by Lecter View PostLiverpool FC owners George Gillett and Tom Hicks up for new deal
Sep 30 2009 by Staff Reporter, Liverpool Echo
Comment (1)Recommend (2) LIVERPOOL FC’s American co-owners George Gillett and Tom Hicks have moved swiftly to distance themselves from outlandish claims that a Saudi Arabian Prince is about to buy into Anfield.
But the pair have jointly admitted they are looking for new partners to inject cash into the Reds.
Saudi Prince Faisal bin Fahd bin Abdullah al-Saud has reportedly said he is on the verge of taking a 50% stake in the club. But that is not the reality, the ECHO understands.
Instead, Hicks and Gillett have now sent clear signals around the world that a deal - or deals - to take a stake in Liverpool is there to be done.
A spokesman for the pair said: “The owners have jointly retained Bank of America Merrill Lynch and Rothschild to evaluate the possibility of new investors injecting equity into LFC.
“However, the process is at an early stage, there is no agreement with any party and reports to the contrary are wholly inaccurate.”
Speculation was fuelled by Prince Faisal’s appearance as a guest of Gillett at Saturday’s 6-1 home victory over Hull City.
With Hicks and Gillett equal partners at Anfield, neither can sell any of their shares without the other’s approval, a situation which led to major tensions between the pair when Hicks blocked Gillett’s attempt to sell to a Dubai consortium in 2008.
Hicks is looking to raise up to £200m from investors in return for a 25% investment, with the American keen to lower the club’s debt and generate funds for the proposed new stadium at Stanley Park.
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Originally posted by DannyMan2006 View PostMy only comment with regards to politics.
No one in the history of the world has got rich by being a nice guy. Only lotto winners and those handed fortunes by their parents can make any kind of excuse. Even then some muppet could mope on about whether they deserved the cash and whether the cash handed down had come from reputable sources.
On a personal level none of us know G+H or Prince Faisal. We can only comment on whether what they would bring to the club is worth our while. I want G+H out due to the constant lies, nothing else effects those thoughts. With regards to Prince Faisal I don't know enough about him and his intentions for the club to comment on if I would support him or not.

I saw a dead fish on the pavement and thought "what did you expect?"
There's no water round here stupid, should have stayed where it was wet
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Cilla Black 'Surprise, Surprise'Originally posted by 112 View PostThis is going to end up like all the other takeovers. The potential person/country/company that wants to take us over will get huge media exposure. They will blame H&G and pull out citing 'crazy/dreamland' valuations of a club. After which, there would be an end to the takeover. Roll on next Chelsea game at Anfield and another potential takeover will be rumoured. Its the same yearly occurance evertime we play West Ham/Chelsea.
Thursday, 1st October 2009
FOOTBALL
FRANK DALLERES
THE SAUDI group interested in buying a 50 per cent stake in Liverpool has distanced itself from a deal, saying any agreement would take months to thrash out.
F6, an investment vehicle owned by Prince Faisal bin Fahd bin Abdullah, has emerged as a potential major shareholder after agreeing a separate commercial tie-up with Reds co-owner George Gillett. That deal concerns setting up Liverpool academies in the Middle East and North Africa, as well as introducing NASCAR-type racing, in which Gillett has an involvement, to the Gulf.
But despite Prince Faisal himself saying he would pay between £200m and £350m for half of the club, and the Liverpool owners’ eagerness to attract investment, F6 director Barry Didato played down the prospect of an imminent deal.
“As far as investment in Liverpool is concerned, that would be a long way off,” he said. “A lot of people have jumped the gun and any possible investment would be several months away. The agreement signed leaves the door open for it, but that was certainly not the focus of it.”
Gillett and co-owner Tom Hicks said on Tuesday they had retained Bank of American Merrill Lynch and Rothschild to advise on possible investments. But Gillett yesterday said last weekend’s meeting with Prince Faisal and F6 was nothing to do with selling shares.
“We had a marvellous meeting with them on Saturday and they were impressed with the club, but the academies in Saudi Arabia and North Africa and their possible involvement in NASCAR-type racing in the Middle East were the only items on the agenda,” he said.
Liverpool are some £245m in the red, and Didato added: “Another issue is the club’s debt. Prince Faisal will not put forward investment capital to just clean up a balance sheet. He would only want to use money to take the club forward.”
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Sounds like they H & G are going to appear on Dragons DenOriginally posted by Lecter View PostHicks is looking to raise up to £200m from investors in return for a 25% investment, .
Ugly Woman: "You want £200m for 25% stake in a company worth less than £500m ...I'm out"
Theo Profiterole: "Cheeky Monkey sods"
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