Investment may be days away

[Mono]

I'n pissed so cam amyome sunnarize this thread om a podcast or sonething
thamks

[Kopite_Colin]

I'm not overly concerned about who owns the club because at the end of the day we'll still be liverpool football club the fans, the manager the history and the traditions would all remain the same. I don't think that it would be right to discriminate against the new owners simply because they're not from the local area. What would concern me most would be if we flashed the cash the way the chavs have. Obviously I'd like to see Rafa getting quite a bit of cash to spend without having to recoup it almost immediately but it would have to be spent sensibly on the right players and not simply thrown about.

The stadium is still to be finished and if that is completed as part of the deal then I think it would be a huge bonus for LFC as a whole.

I still don't believe that the deal will happen though.

I'm not saying it's not a good thing - it' just something I feel. If we are getting somebody in with this amount of wealth, you may well see us splash the cash - that's the whole point isn't it. We might not see so much of that under Rafa (not his style) but very possibly in the future. There's not a manager in the league who wouldn't want "unlimited resouces" to work with. Having said that - the group involved appears to be the "Dubai Investment Holdings" - Investment Bankers are ALWAYS looking for an exit strategy in any deal they go into, so that slightly worries me too.

[AFII]

I'n pissed so cam amyome sunnarize this thread om a podcast or sonething
thamks

One of the richest men in the World is want to buy the club and we will have to wait until Monday morning to see if the latest speculation that a deal is agreed is true.

[kurtangle01]

I'm not saying it's not a good thing - it' just something I feel. If we are getting somebody in with this amount of wealth, you may well see us splash the cash - that's the whole point isn't it. We might not see so much of that under Rafa (not his style) but very possibly in the future. There's not a manager in the league who wouldn't want "unlimited resouces" to work with. Having said that - the group involved appears to be the "Dubai Investment Holdings" - Investment Bankers are ALWAYS looking for an exit strategy in any deal they go into, so that slightly worries me too.

There's something about these people that doesn't sit right with me either but if they are looking to invest then obvioulsy they want to see a return for that investment and that would be to see us win the prem and compete year in year out in europe. That would obvioulsy require significant investment in the team bit I don't want that investment to be the type that the cavs have had. I'd prefer to see the money released on a season on season basis instead of being £250,000,000 in one summer.

As I've said before though I remain to be convinced that a deal will happen anytime soon.

[AFII]

I'm not saying it's not a good thing - it' just something I feel. If we are getting somebody in with this amount of wealth, you may well see us splash the cash - that's the whole point isn't it. We might not see so much of that under Rafa (not his style) but very possibly in the future. There's not a manager in the league who wouldn't want "unlimited resouces" to work with. Having said that - the group involved appears to be the "Dubai Investment Holdings" - Investment Bankers are ALWAYS looking for an exit strategy in any deal they go into, so that slightly worries me too.

I don't think Rafa would splash the cash and he is the one who would decide that. More money would just give him more options in the transfer market.

I think that he would sign two or three expensive players like Alves, Richards and a striker to replace Robbie and then use the money to sign good young players and build up the club that way.

[OldManRed]

If there was a big investment, don't you think the investors would want a say in how quickly the money was spent?

If it were to be a wealthy investor doing it for PR (i.e. DIC) then they would want quick results from the investment so spending quickly may be the order of the day.

If it were a business investment then the goal would be "Long term sustainable growth" so the spending would be more spread out and funded by success.

What the Manager wants would probably play very little part in the strategy - he's just there to meet the business objectives as best as he can. That is no different to how it is now, but the constraints and goals are just different.

[Chris]

Was watching Sky Sports News earlier previewing tomorrows papers and another paper had a headline of "Yankfield" and saying that Gillet was getting us. They just seem to make it up as they go along.

[Rocket]

Was watching Sky Sports News earlier previewing tomorrows papers and another paper had a headline of "Yankfield" and saying that Gillet was getting us. They just seem to make it up as they go along.

any idea what paper it was fella?

[kurtangle01]

Was watching Sky Sports News earlier previewing tomorrows papers and another paper had a headline of "Yankfield" and saying that Gillet was getting us. They just seem to make it up as they go along.

Yep. Exactly why I never believe a word that is written on the investment front.

[kurtangle01]

any idea what paper it was fella?

The Star...I think.

[kurtangle01]

If there was a big investment, don't you think the investors would want a say in how quickly the money was spent?

If it were to be a wealthy investor doing it for PR (i.e. DIC) then they would want quick results from the investment so spending quickly may be the order of the day.

If it were a business investment then the goal would be "Long term sustainable growth" so the spending would be more spread out and funded by success.

What the Manager wants would probably play very little part in the strategy - he's just there to meet the business objectives as best as he can. That is no different to how it is now, but the constraints and goals are just different.

But not being the slightest bit clued up on what sort of players Rafa wants then it would still be up to him to sign who he sees fit to help us improve.

[Rocket]

The Star...I think.

oh

the Milkman of sources

[Chris]

any idea what paper it was fella?

The Star or the ****e of the World mate, not sure exactly though.

[kurtangle01]

oh

the Milkman of sources

Exactly. Worse than milky in terms of "inside info".

[AFII]

From NOTW...


YANKFIELD

By Rob Shepherd

LIVERPOOL are close to agreeing a £400million takeover deal with the former owner of the Harlem Globetrotters.

I can reveal that American billionaire George Gillett is set to pip Sheik Mohammed's Dubai International Capital in the chase to own the Kop.

Gillett will become the SIXTH foreign investor to buy into the Premiership, following Eggert Magnusson at West Ham, Randy Lerner at Aston Villa and Malcolm Glazer at Manchester United.

A top City source confirmed: "It looks like a deal for Liverpool will be done soon and Gillett is now the hot favourite."

Liverpool chairman David Moores and chief executive Rick Parry met Gillett recently in Montreal to thrash out terms.

Dolphins

Gillett has a history of investment in top American sport.

He bought the Montreal Canadians ice hockey club in 2001 after bids to buy the Colorado Avalanche and Florida Panthers clubs fell through.

He used to be part-owner and business manager of the NFL's Miami Dolphins as well as the Globetrotters basketball team.

His businesses include six ski resorts and several golf courses.

The 68-year-old also owns a media company and is one of the largest producers of chicken products in the States.

He has shares in Silverthorne Motors and in car dealerships selling Chryslers and Jeeps across America.

Bidders

I understand he has offered £250million for Liverpool, which includes covering £100m of club debt, and has pledged to spend a further £200m to fund a new 60,000-seat stadium at Stanley Park.

Gillett's rival bidders, Dubai Investment Capital — the private equity arm of the Arab state — and Belfast-born property millionaire John Miskelly, are not completely out of the picture.

But Liverpool are anxious to make a decision soon before embarking on their ground redevelopment.

Gillett's offer gives them the financial foundation they are looking for.