parry in dubai

[rodo]

something has to give though otherwise we`ll get left behind cos like i`ve said before football has moved on

[bazza76]

I'll believe that there's investment when I see it.

Yeah, im with ya scott.
I cant think any other way on the investment front, seen too many rumours now to ever get my hopes up.

[bazza76]

It was in the post yesterday. The dubai group are investors interested in profit. They would help fund the club (I'm assuming meaning the stadium) but they would not be putting money into players. I'm not sure I like the sound of it personally but something is definately happening. Yesterday the club "refused to comment" - normally they dismiss things out of hand.

Just out of interest Tom, how do you know how they would operate.
I would have thought that in order to make some profits, we would have to be successfull, ie. atleast champions league football every season and a full new stadium with some good players playing in it.
It doesnt make sense to take over such a big club and not spend on players.
Not that im saying id agree with such a takeover or anything.

[Tom]

I don't know mate, it was as reported in the post:

All quiet on Dubai cash link with Reds

Oct 23 2006

by Neil Hodgson, Liverpool Echo


Liverpool FC

LIVERPOOL FC today refused to comment on speculation that it is considering an investment deal with Dubai Holdings.

Arabian investors are reportedly poised to inject millions of pounds into the club and its planned new £185m stadium.

Sunday newspapers claimed Dubai Holdings, the investment vehicle of the Dubai government, was favourite to strike a deal with the Anfield set-up.

Reds' chief executive Rick Parry has made two trips to the United Arab Emirates – a seven-strong confederation of Arabian states – in the past fortnight. He flew to Dubai on a family holiday today.

But some sources claim neighbouring emirate Abu Dhabi is also in the running as a partner.

It is thought Mr Parry has held talks with the government of Abu Dhabi, which controls one of the world's biggest oil resources, regarding a shirt sponsorship or stadium deal.

Dubai Holdings was created to invest in large-scale projects all over the world to bolster the Dubai economy.

Recent investments include an £800m deal to buy Madame Tussaud's and the £675m buyout of the Travelodge hotel group.

However, a banker with links to Dubai Holdings said they are more interested in commercial deals rather than a Roman Abramovich-style investment: He said: "They buy and sell businesses for pure commercial reasons. They have proper investment objectives."

Carl Cross, a director with Liverpool-based stockbrokers Rensburg Sheppards, said any investment deal ult-imately rests with Liverpool chairman David Moores, who controls a 51% stake.

He said: "As with all these possible deals a lot of this will come back to David Moores' position as main shareholder."

Mr Moores has rejected previous buyout bids, including one from fellow fan and construction boss Steve Morgan.

But Mr Cross said the massive costs for the new stadium and club debts estimated at £80.6m could lead to pressure on Mr Moores to cut a deal.

He said: "Fans could put pressure to sell because of results on the pitch and the money for the new stadium."

[desertscouser]

It was in the post yesterday. The dubai group are investors interested in profit. They would help fund the club (I'm assuming meaning the stadium) but they would not be putting money into players. I'm not sure I like the sound of it personally but something is definately happening. Yesterday the club "refused to comment" - normally they dismiss things out of hand.

Interested in profit like the Glazer goons? United seem to be doing well out of them thus far, buying any player they want. The Glazers are so flash with their cash they even rubber stamped Carrick's transfer

[Hobbes]

So where is this Party in Dubai then?

[desertscouser]

Cheers for the article Tom.

Interesting, although I don't take any investment talk seriously when it comes to LFC.

[desertscouser]

So where is this Party in Dubai then?

Ice Queen's house

[bazza76]

Thnks for that Tom.
But as Sammi says, hard to take investment talk serious any more.

[ElRobbie]

Any money which may come in from them may not 'directly' fund the cost of players and may be towards the running costs or the new stadium.

That doesn't mean it won't help us buy players though as that free's up some of the money that would normally be used towards running/stadium costs.

Surely any investment is helpful, particularly when we don't have a lot of money and the stadium will largely be debt. It all goes through the balance sheet therefore will affect the transfer budget.

[Morph]

I've a feeling this is going to be to do with new sponsorship or naming rights for the new stadium, as the article suggests buying into the club or funding the building of the new stadium isn't exactly in their portfolio.

[saveferris]

Its interesting as I would prefer an investment like this than a sugar daddy type investment. The club is a business as well. If there is sound business sense then it puts the club on a firm holding. However I can appreciate it wont be everyones cup of tea.

Associated with this is creating money by the team performing well. Which could be put towards players and attracted the best because we are successful.

As a fan I would be more satisfied if we made our money this way by bringing long term stability, I am not saying it wouldnt be great to have someone pumping loads of cash for players, but I would want us to be banking on the continued success or interest in the club of a single individual.

[REDSCOUSER]

Don't want arabs anywhere near Anfield to be honest and that's not a racial issue.

what you don't like cemels, or falafals or belly dancers

[Tom]

It'll be naming rights or funds for construction. I'm not sure if this will necessarily free money for transfers as it would have been budgeted for anyhow.

[saveferris]

he can see the future...the new look players entrance, refreshments and half time entertainment