Liverpool FC Forum

[Effes]

All i can say is Moores and Parry will get the best deal for the club, i'm 100% sure of that.

Don't be so sure

[Anfield rapper]

We'll be the fu*king laughing stock after this cheers Moores. Granada must be loving this it looks like they will get their extra couple of million the cun*ts. Well i say we make Gillettes people feel as fu*king welcome as Man U supporters made the Glazers feel.

[Redman in wales]

I really really hope that Gillette have something in writing over the exact amount of money and building our own stadium, without a groundshare.

With DIC officially pulling out of the race - does that mean gillette  will now go back to their original stance on the ground share, or money into the club?

[Scott P]

Cant blame DIC at all.  After being told they would go through with the deal the board mess it up again. Its not the first time and it wont be the last. Wouldnt surprise me if there is no takeover at all. 

[Redman in wales]

STATEMENT FROM DUBAI INTERNATIONAL CAPITAL LLC

Dubai International Capital LLC (‘DIC’) today announces that it has decided to end negotiations with Liverpool FC & Athletic Grounds plc (“Liverpool”) about a possible investment in the club.
Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board. The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders.
As part of this negotiation and at the request of the Liverpool board, DIC tabled detailed proposals regarding the financing, construction and delivery of the new stadium for the start of the 2009/10 season. In addition, DIC was also prepared to give assurances regarding funding for new players, at levels above what the club had previously budgeted for. However, despite providing all assurances that were requested of DIC, it appears that the Liverpool board was unable to recommend our proposed offer to the shareholders.
Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC is a serious investor with considerable resources at its disposal. At the same time, we are supporters - of the game and of the club. Liverpool's investment requirements have been well publicised and, after a huge amount of work, we proposed a deal that would provide the club with the funds it needs, both on and off the pitch. We were also prepared to offer shareholders a significant premium on the market price of the shares. However, we will not overpay for assets.
“Liverpool is the most successful football club in English football history. It exists to win things for its supporters. It deserves to be in the hands of people who support it, who understand its history and legend and who share the enthusiasm and passion of its fans. As businessmen, we move on. As fans, we hope that the new owners would share the same vision as we had for LFC and, of course, in realising the new stadium that is so badly needed to ensure the club can continue to compete at the highest level in the Premiership and Europe. I am sure I will be back at Anfield with my family soon to support my team, as I have done so in the last 30-plus years. In the meantime, I wish the manager, the players and everyone connected with the club the best of fortune for the challenges ahead and will make sure that I am there the day they lift the Premiership trophy.”

[kunilson]

live to anfield soon on SSN apparently...maybe some answers.

[Anfield rapper]

STATEMENT FROM DUBAI INTERNATIONAL CAPITAL LLC

Dubai International Capital LLC (‘DIC’) today announces that it has decided to end negotiations with Liverpool FC & Athletic Grounds plc (“Liverpool”) about a possible investment in the club.
Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board. The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders.
As part of this negotiation and at the request of the Liverpool board, DIC tabled detailed proposals regarding the financing, construction and delivery of the new stadium for the start of the 2009/10 season. In addition, DIC was also prepared to give assurances regarding funding for new players, at levels above what the club had previously budgeted for. However, despite providing all assurances that were requested of DIC, it appears that the Liverpool board was unable to recommend our proposed offer to the shareholders.
Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC is a serious investor with considerable resources at its disposal. At the same time, we are supporters - of the game and of the club. Liverpool's investment requirements have been well publicised and, after a huge amount of work, we proposed a deal that would provide the club with the funds it needs, both on and off the pitch. We were also prepared to offer shareholders a significant premium on the market price of the shares. However, we will not overpay for assets.
“Liverpool is the most successful football club in English football history. It exists to win things for its supporters. It deserves to be in the hands of people who support it, who understand its history and legend and who share the enthusiasm and passion of its fans. As businessmen, we move on. As fans, we hope that the new owners would share the same vision as we had for LFC and, of course, in realising the new stadium that is so badly needed to ensure the club can continue to compete at the highest level in the Premiership and Europe. I am sure I will be back at Anfield with my family soon to support my team, as I have done so in the last 30-plus years. In the meantime, I wish the manager, the players and everyone connected with the club the best of fortune for the challenges ahead and will make sure that I am there the day they lift the Premiership trophy.”

I'd fu*king laugh it wasn't so sad. The whole thig is just a fu*king joke really isn't it. 

[puroresu]

STATEMENT FROM DUBAI INTERNATIONAL CAPITAL LLC

Dubai International Capital LLC (‘DIC’) today announces that it has decided to end negotiations with Liverpool FC & Athletic Grounds plc (“Liverpool”) about a possible investment in the club.
Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board. The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders.
As part of this negotiation and at the request of the Liverpool board, DIC tabled detailed proposals regarding the financing, construction and delivery of the new stadium for the start of the 2009/10 season. In addition, DIC was also prepared to give assurances regarding funding for new players, at levels above what the club had previously budgeted for. However, despite providing all assurances that were requested of DIC, it appears that the Liverpool board was unable to recommend our proposed offer to the shareholders.
Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC is a serious investor with considerable resources at its disposal. At the same time, we are supporters - of the game and of the club. Liverpool's investment requirements have been well publicised and, after a huge amount of work, we proposed a deal that would provide the club with the funds it needs, both on and off the pitch. We were also prepared to offer shareholders a significant premium on the market price of the shares. However, we will not overpay for assets.
“Liverpool is the most successful football club in English football history. It exists to win things for its supporters. It deserves to be in the hands of people who support it, who understand its history and legend and who share the enthusiasm and passion of its fans. As businessmen, we move on. As fans, we hope that the new owners would share the same vision as we had for LFC and, of course, in realising the new stadium that is so badly needed to ensure the club can continue to compete at the highest level in the Premiership and Europe. I am sure I will be back at Anfield with my family soon to support my team, as I have done so in the last 30-plus years. In the meantime, I wish the manager, the players and everyone connected with the club the best of fortune for the challenges ahead and will make sure that I am there the day they lift the Premiership trophy.”

The club has to respond to that statement and explain why this deal was never given the green light.

[crazyhorse]

STATEMENT FROM DUBAI INTERNATIONAL CAPITAL LLC

Dubai International Capital LLC (‘DIC’) today announces that it has decided to end negotiations with Liverpool FC & Athletic Grounds plc (“Liverpool”) about a possible investment in the club.
Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board. The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders.
As part of this negotiation and at the request of the Liverpool board, DIC tabled detailed proposals regarding the financing, construction and delivery of the new stadium for the start of the 2009/10 season. In addition, DIC was also prepared to give assurances regarding funding for new players, at levels above what the club had previously budgeted for. However, despite providing all assurances that were requested of DIC, it appears that the Liverpool board was unable to recommend our proposed offer to the shareholders.
Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC is a serious investor with considerable resources at its disposal. At the same time, we are supporters - of the game and of the club. Liverpool's investment requirements have been well publicised and, after a huge amount of work, we proposed a deal that would provide the club with the funds it needs, both on and off the pitch. We were also prepared to offer shareholders a significant premium on the market price of the shares. However, we will not overpay for assets.
“Liverpool is the most successful football club in English football history. It exists to win things for its supporters. It deserves to be in the hands of people who support it, who understand its history and legend and who share the enthusiasm and passion of its fans. As businessmen, we move on. As fans, we hope that the new owners would share the same vision as we had for LFC and, of course, in realising the new stadium that is so badly needed to ensure the club can continue to compete at the highest level in the Premiership and Europe. I am sure I will be back at Anfield with my family soon to support my team, as I have done so in the last 30-plus years. In the meantime, I wish the manager, the players and everyone connected with the club the best of fortune for the challenges ahead and will make sure that I am there the day they lift the Premiership trophy.”

FFS, what

[Effes]

STATEMENT FROM DUBAI INTERNATIONAL CAPITAL LLC

Dubai International Capital LLC (‘DIC’) today announces that it has decided to end negotiations with Liverpool FC & Athletic Grounds plc (“Liverpool”) about a possible investment in the club.
Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board. The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders.
As part of this negotiation and at the request of the Liverpool board, DIC tabled detailed proposals regarding the financing, construction and delivery of the new stadium for the start of the 2009/10 season. In addition, DIC was also prepared to give assurances regarding funding for new players, at levels above what the club had previously budgeted for. However, despite providing all assurances that were requested of DIC, it appears that the Liverpool board was unable to recommend our proposed offer to the shareholders.
Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC is a serious investor with considerable resources at its disposal. At the same time, we are supporters - of the game and of the club. Liverpool's investment requirements have been well publicised and, after a huge amount of work, we proposed a deal that would provide the club with the funds it needs, both on and off the pitch. We were also prepared to offer shareholders a significant premium on the market price of the shares. However, we will not overpay for assets.
“Liverpool is the most successful football club in English football history. It exists to win things for its supporters. It deserves to be in the hands of people who support it, who understand its history and legend and who share the enthusiasm and passion of its fans. As businessmen, we move on. As fans, we hope that the new owners would share the same vision as we had for LFC and, of course, in realising the new stadium that is so badly needed to ensure the club can continue to compete at the highest level in the Premiership and Europe. I am sure I will be back at Anfield with my family soon to support my team, as I have done so in the last 30-plus years. In the meantime, I wish the manager, the players and everyone connected with the club the best of fortune for the challenges ahead and will make sure that I am there the day they lift the Premiership trophy.”

That just reads like one MASSIVE OPPORTUNITY MISSED.

[kunilson]

basically saying Gillete performed "due diligence" within days which impressed our board when Dubai took over a month....that and more money per shares may have swung it in yanky favour.

Need an official statement....need answers...

[red37]

FFS Moores...you better have called this one right! unbelievable turnround of events. And im with D.I.C on this....too much faffing about, looking at other offers etc.. WTF did the club expect!

well now its hit the fan good style...your shout big man. Whats the plan now?

(unless there is something seriously wrong, we cant conclusively damn anyone..but what an opportunity that seems to have slipped through our greedy fingers. They do not grow on trees.  Well gutted.

[tommycockles]

i understand them being annoyed but if they only made the final bid on Tuesday (yesterday) surely they would give the board more than a day to convert the shareholders that are dragging their heels?

They were obviously interested to go through all the due diligence so why pull out a day after making an offer?? I hope there's more to this as it all seems a bit amateur at the moment!!

[SouthCoastShankly]

I don't blame DIC either, the sheik is annoyed as he is entitled to be. I still think the Gillete bid is the better way forward financially.

To quote the BBC article "DIC saw this as business enterprise but Gillett has told Liverpool that they are a sports franchise and they know how to run sports operations".

I truly feel running with a sports franchise who are experienced keeping clubs financially successful and stable is the way forward. And in that sense the DIC offer is riskier than the Gillete bid. Gillete will bring sound business knowledge from a sporting market not some bloke who has shares in The London Eye, Maddam Tussauds, Travelodge and owns a few racehorses.

Think also of the revenue available in the states, where arguably the market is most buoyant and has massive potential in the next few years, surely Gillete can tap into that market far easier that DIC??

Clear heads people! Like I said before Parry and Moores are not going to let Liverpool be taken over by some mug who will ruin us.

[puroresu]

STATEMENT FROM DUBAI INTERNATIONAL CAPITAL LLC

Dubai International Capital LLC (‘DIC’) today announces that it has decided to end negotiations with Liverpool FC & Athletic Grounds plc (“Liverpool”) about a possible investment in the club.
Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board. The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders.
As part of this negotiation and at the request of the Liverpool board, DIC tabled detailed proposals regarding the financing, construction and delivery of the new stadium for the start of the 2009/10 season. In addition, DIC was also prepared to give assurances regarding funding for new players, at levels above what the club had previously budgeted for. However, despite providing all assurances that were requested of DIC, it appears that the Liverpool board was unable to recommend our proposed offer to the shareholders.
Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC is a serious investor with considerable resources at its disposal. At the same time, we are supporters - of the game and of the club. Liverpool's investment requirements have been well publicised and, after a huge amount of work, we proposed a deal that would provide the club with the funds it needs, both on and off the pitch. We were also prepared to offer shareholders a significant premium on the market price of the shares. However, we will not overpay for assets.
“Liverpool is the most successful football club in English football history. It exists to win things for its supporters. It deserves to be in the hands of people who support it, who understand its history and legend and who share the enthusiasm and passion of its fans. As businessmen, we move on. As fans, we hope that the new owners would share the same vision as we had for LFC and, of course, in realising the new stadium that is so badly needed to ensure the club can continue to compete at the highest level in the Premiership and Europe. I am sure I will be back at Anfield with my family soon to support my team, as I have done so in the last 30-plus years. In the meantime, I wish the manager, the players and everyone connected with the club the best of fortune for the challenges ahead and will make sure that I am there the day they lift the Premiership trophy.”

That just reads like one MASSIVE OPPORTUNITY MISSED.

Agreed.  I dont really know what LFC want?  I didnt see numerous people knocking down the door desperate to invest in LFC.  LFC seemed to be more than happy with DIC yet somehow have managed to make them walk away.  Whether they thought Gillet's interest would ensure DIC pay more I have no idea.  What I do know is the LFC Board have explaining to do.