Liverpool FC Forum

[account deleted by request]

The price is not a factor in David Moores' mind. He is not after cash for himself, absolutely not, but he felt compelled to consider the rival bid," Parry said.

Perhaps he should donate part of the £8.5million extra he could receive to a hillsbrough memoral at the new ground or to some other charitable Liverpool fc project of equal worth.

[The Manhattan Project]

"The DIC response to this was to give the club 12 hours to make a decision but the chairman was not prepared to have Liverpool Football Club bullied like that."

It seems odd that DIC took so long to examine the books, yet didn't allow LFC to even consider their options. This is how they do business? What would have happened if DIC wanted to sign a player and Rafa said he didn't agree?

Bye bye Rafa?

No thanks.

If they handle things like that, maybe they could buy Hibs.

[Rush Job]

DIC took an appropiate time for due dilligence for a deal the size as this.
Were as Gillett flicked though the books as if he can read like superman just so he could put in an offer in time, no wander he`s been bankrupt.
I really dont see how the board were impressed because he did it in three days.
I mean if thats all it takes to impress, if i had the money id have it done in half an hour.

[The Manhattan Project]

How long does it usually take to check the books of a football club?


If they had the patience to go through the finances in such slow detail and care, why didn't they have the patience to wait a little while longer?

[Effes]

I thought that DIC took that long due to them being the first; Gillet only took 3 days cos DIC had done all the groundwork meaning it was easier for Gillet to complete his due dilligence

[The Manhattan Project]

Let me say, that I for one welcome Mr Gillett if he takes over the club.

I have always been a fan of North American sport...s

Particularly this "Iced Hockey" that he dabbles in.

[Rush Job]

How long does it usually take to check the books of a football club?


If they had the patience to go through the finances in such slow detail and care, why didn't they have the patience to wait a little while longer?

If you read though the latter half of the thread you`ll get your answer.
Moores gave his word to DIC, and at the end they were waiting on him. He agreed to there offer but then started messing them around when Gillett offered a few more quid.
So DIC ater months of putting everything together ( a deal that Parry said was the best for club and fans and should be done in a couple of days at the start of the week) rightly in my opinion said the offers there (whitch was already agreed to without DM signing) so you have 12 more hours or you can pi$$ off.
Can you blame them? There not the kind of people who like being fecked around when they have already been told its as good as a done deal.

Its now half bloody five and im off to bed.

[Rush Job]

Let me say, that I for one welcome Mr Gillett if he takes over the club.

I have always been a fan of North American sport...s

Particularly this "Iced Hockey" that he dabbles in.

Sorry ill stay up a little longer, to say is that one of your sh*t jokes what the f.uck has that got to do anything.


Pls dont reply ive not much of a sence of humer at this time of the merning as you cun see m brine has gin too slep.

[The Manhattan Project]

Sorry ill stay up a little longer, to say is that one of your sh*t jokes what the f.uck has that got to do anything.

Sh*t jokes are Manhattan's speciality.

Manhattan is thinking about moving up to sh*t limericks next.

Then maybe sh*t improv.

Pls dont reply ive not much of a sence of humer at this time of the merning as you cun see m brine has gin too slep.

Damn, I've already done it.

[Igor Zidane]

Well it's all over the Liverpool Daily post this morning, tha this Hicks fella is going into 50% partnership with Gillett to buy Lfc. The plot thickens.

Sorry i don't know how to provide a link.

[Santa]

I'd just like to say that, unless we have any posters on here who sit on the board, none of us know anything about the proposed deal.

I'll give you a couple of quotes, and this is just from the last page:

Anyway I feel compelled to drop a post as to how girly the Liverpool board has become.

This is in reference to the fact that LFC issued a statement when you feel they should've kept there mouth shut. Would you rather they didn't issue a statement? Or maybe you'd rather they didn't look at all the options & just rushed blindly into the deal, I suppose it's not anything that valuable they're selling is it? As far as I'm concerned, if DIC were willing to pull out of a deal cos of a few more days, they weren't the right investors. They WERE trying to bully us into accepting their offer without looking at the others.

Moores is just trying to get more money for himself out of the deal, and Rick Parry is a joke

Correct me if I'm wrong, but I'm sure Steve Morgan's offer would've made Moores the most personal profit. WW, even for you this is bad. It's even too wanky to go in your world of W*nk.

I dunno do I trust Parry/Moores at all now

Just fuck right off chap. Moores & Parry knock back an offer & that makes you decide you don't trust them? I suppose you would be happier if they just rushed into the first deal that made them a pound note? Well, if they did, we'd probably be stuck right now with a Thai owner who doesn't have a pot to p!ss in. Get a fucking clue, Moores & Parry have never done anything to stitch this club, and I'm sure they're not about to start now. Have a bit of faith, Moores has always said he will do the deal that's right for the club. He rejects one deal that looks promising & everyones on his back? Have you ever considered that it might, just might, have NOT been the right deal for the club. Their willingness to pull out like that suggests so.

Woof & Bob, I'd just like to specify, my rant isn't aimed at you in any way. At least someone's posting a bit of sense in this thread.

the thai comment was me being ironic..... considering i said in the post earleir that im slow to have a go at moores until the full facts are known....i would have thought u might have picked up on that...... but hey I guess u obviously didnt...
Im not going to hide my opinion that this whole takeover bid the last number of years has been handled appallingly.....between the Thai prime minister, the morgan fiasco, the Kraft rumours, the DIC and the Gillett issue now. If the DIC offer was not good enough yesterday why was it being lauded by Parry as what the club where looking for a couple of weeks previously, What did DIC pull out of the bag in the last minute? I doubt anything, i would wager it was Gillett gazzumping the DIC bid that kicked the whole thing off,  and for what?? another 8 million quid?? the price of an average premiership player these days??
granted its all speculation at the moment but do you honestly think it looks very good? In none of my posts have I had a go at Moores or Parry but I like other Liverpool supporters would like to know whats going on, maybe we will find out in the next few days....

adding on to your post Pedro, maybe Eddie have conveniently forgotten that it was Moores and Perry whom for weeks now have been quoted as saying that DIC is the perfect partner for LFC, that a deal is as good as done subject to the due dilingent process being completed. Now all the sudden a 3rd party comes to town and offer more sweeteners and it's now their duty to examine the other offer and that DIC is a bully. WTF is that?

Supposed, if you've carefully planned your wedding for months now and all the sudden your girl wanted to consider another attractive guy and ask if you could postpone the weeding while she check him out, what would you do? ...yes you would give her the ultimatum and walk out if she don't answer you. Are you now a bully? can you still trust your girl? if your answer is yes and yes, then I can understand where you are coming from.

Honor, Loyalty, Integrity and Commitment means a sh!t loads to me...I'm not sure about our board or some of the guys posting here

[Santa]

Let me say, that I for one welcome Mr Gillett if he takes over the club.

I have always been a fan of North American sport...s

Particularly this "Iced Hockey" that he dabbles in.

he didn't mentioned he's a lifelong Liverpool fan? think we should ask him to ship the Fuck off from here

[tubby]

Hicks is a numpty!!  He is the kind of tw@t that would have gone over the moon to bring in Beckham or someone of his ilk.  While he is generally not afraid to throw up big cash on free agents, he usually buys rubbish players.

Do you know him like?

Ciggy,  I am a big baseball fan (Boston) and follow alot of the moves this guy makes.  He is not the shrewdist judges of talent, but is not afraid to open up the wallet to bring in players.

Two sides of that coin.  Heads, he is willing to pay for players.  Tails, he has Houllier's eye for talent.

If you can combine his wallet with Gillet's lickening for putting smart operations guys in place for the team,  then it could work out well.

God help us then!

Well its a good thing then that Gillets not a scout. 

Anyone read Brian Barwicks comments today? He was talking about how he will sit down with Gilette to give him a "lesson" on the clubs history.

[red37]

more of the same in The Mirror.....



EXCLUSIVE: FURIOUS SHEIKHS: KOP HAS NO HONOUR
By Neil McLeman

THE Dubai Royal family ordered their investment company to pull out of a deal to buy Liverpool as they believe the Anfield board had acted “dishonourably”.

Dubai International Capital ended takeover talks in fury after Liverpool decided to consider a rival bid from US sports tycoon George Gillett. And the move was made not by executives negotiating the £450million buy-out, but from within Sheikh Mohammed’s ruling Al Maktoum family.

The revelation, accompanied by widespread anger in the Gulf State, makes any chance of resurrecting the deal seem impossible.

A source in Dubai said last night: “The decision came from the top. There was a verbal agreement to buy the club and a handshake made with Mr (David) Moores (Liverpool chairman). They thought they had a deal. They consider Liverpool acted dishonourably and they did not want to be drawn into an auction. They felt Liverpool were taking the mickey. Led by chief executive Sameer Al Ansari, a self-confessed Liverpool fan, the DIC had completed due diligence of the Anfield books.

Chairman and majority stakeholder David Moores and his chief executive, Rick Parry, had granted the investment company, owned by Dubai’s ruling Al Maktoum family, the exclusive right to study the club’s books despite interest from Gillett.

The DIC was willing to fund a £200m 60,000-seat stadium and cover long-term debts of about £80m.

But with the American, a former owner of the Harlem Globetrotters, then making a higher offer, Tuesday’s Anfield board meeting decided to delay rubber-stamping the Dubai offer.

Gillett is being joined in his bid by Tom Hicks, owner of Texas Rangers baseball team. He has wide experience in the US construction industry.

*************************************************

[66-1112520797]

Just read on thr BBC website that Gillet is due to takeover the club early next week. Cant do link things 

Dont really know what to think.




Gillett set to complete Reds deal 
 
Liverpool have agreed a deal with American tycoon George Gillett and his takeover of the club will be completed early next week, BBC Sport understands.
It is believed that another US ice hockey club owner Tom Hicks is also backing the deal.

Until earlier this week, Dubai International Capital had been expected to buy out the Anfield club for £450m.

But DIC pulled out of talks after Liverpool said they wanted to consider a rival bid from Gillett.

The Gillett offer is understood to be more lucrative for shareholders but chief executive Rick Parry has insisted that money was not the motive for considering an alternative to DIC.

It also includes a commitment to finance a new stadium, thus ruling out the possibility of a ground-share with Everton.

Gillett, who owns the National Hockey League side Montreal Canadiens, has impressed Liverpool with his proposals and the speed at which he completed due diligence - the process of investigation by potential investors - in three days.

The 68-year-old American has also stressed his experience in running successful sporting operations.

However, the Independent has claimed that Gillett's business empire collapsed in 1992, leading to a £33.7m personal bankruptcy.

Hicks owns rival NHL franchise Dallas Stars as well as the Texas Rangers baseball team.