Liverpool FC Forum

by **tubby** » Wed Jan 31, 2007 10:03 am

WTF!!!!!!

This Gillet fella want a shared ground and will get rid of Moores and Parry.

Im afraid we can only sit and wait. I hope the club releases a statement.

What happens if DIC decide to retract the bid now and were left with the yank. :devil:

by **tubby** » Wed Jan 31, 2007 10:07 am

SouthCoastShankly wrote:Maybe Gillete have decided to factor in extra money for a stadium. Lets be honest if Gillete offer more money and a stadium surely its a better deal. And from what I've read about both investors I think I prefer Gillete.

DIC Group are renown for making acquisitions based solely on investment. I would not be unlikely at all if they make a good return after 5 years to sell up. I understand that Gillete aren't looking to buy us for the love of the club but I can see their investment being much more long term and considering the up and coming market for football in the US, Gillete, looks much more of a prospect in term of funds for transfers, etc, over a long period of time.

And at the end of the day I trust Rick Parry and the Moores family to keep the interests of Liverpool FC their utmost priority, so whatever decisions they make will be for the right reasons.

I hope your right but can Gilette produce funds for players that DIC were surly going to do?

At the end of the day a new stadium alone isnt going to win us the Premiership. Its largely going to come down to buying top players and we need money for that.

I dont even like Gilette i use Bic.

by **ste123lfc** » Wed Jan 31, 2007 11:07 am

stmichael wrote:interesting dubai reds video.

http://youtube.com/watch?v=jUQnZmMDfVI

When was that shown on telly.

by **Anfield rapper** » Wed Jan 31, 2007 11:44 am

It seems to me that the other share holders like Granada who want to make as much money as possible want Gillet and Moores wants the better deal for the club with DIC. I think Moores has been forced to have another meeting about which offer to choose just because some of the other share holders want the big money Gillette deal. At the end of the day though Moores owns 51% of the club so the final decission is up to him. So i wouldn't be shocked by this Moores is just doing it because he has an obligation to the other share holders to consider everything but i'm sure he will choose DIC.

The only problem i can see now though is that if the other share holders are very unhappy at selling to DIC they may not want to sell their shares to them. This would mean DIC could only buy Moores 51% of the club which i don't think they would be happy with.

by **mattylfc** » Wed Jan 31, 2007 12:33 pm

stmichael wrote:interesting dubai reds video.

http://youtube.com/watch?v=jUQnZmMDfVI

Interesting viewing, cheers mate.

by **tubby** » Wed Jan 31, 2007 1:02 pm

Just heard on BBC World Service that an improved offer is expected by Gillet by the end of this week. But hey if he can back this club the same way as DIC can then everything will pan out well.

by **RUSHIE#9** » Wed Jan 31, 2007 2:51 pm

I'd be amazed if the board were entertaining an approach from Gillett unless he's dropped the shared stadium plan. The club have said they're against it so why all of a sudden are they listening to his possible offer if he is still planning to go ahead with a shared stadium. For some reason I just dont trust this guy.

by **Rush Job** » Wed Jan 31, 2007 3:28 pm

The DIC offer isnt perfect mostly because i and many others dont want our club owned by the Dubai goverment ( call me oldfashioned ) but i really dont trust that Gillete, i dont understand those who think he is the better option ( does he get extra points for being a white American rather than a Arab in some peoples minds ) those who think he would be better in the long term, for a start he is pushing seventy what happens when he becomes unwell, what happens to the club when he dies.
Secondly he doesnt know or care for the history of the club or it traditions and never will, i have a little inside info on the man from friends state side and he comes across like a latter day Howard Hughes- reclusive, stuburn a little strange and cares only for the doller.
Thirdly he will not invest in the side as much as DIC will, he has made a carear from buying and selling teams when he feals like it, he cares not for the fans only for money, one word GROUNDSHARE.
As far as i can tell DIC are thinking about whats best for both club and supporters shot term and long term and i think i speak for most fans whos life is LFC when i say MR Moores SIGN THE :censored:

DEAL!!!

by **RUSHIE#9** » Wed Jan 31, 2007 3:40 pm

Unless DIC are only prepared to do a deal if they can have 100% of the club I can't understand what the hold up could be from the Liverpool end. If any other shareholders are blocking this deal surely Moores' 51.6% could be handed over to DIC and then they can make progress on the rest of the shares at a later date??? I can understand that the likes of Granada (are they still shareholders?) may prefer the Gillett deal cos they want more money back but Moores has favoured DIC from the start.
This whole thing is starting to stink a little of the Liverpool board titting about trying to squeeze DIC for more money.

by **ste123lfc** » Wed Jan 31, 2007 3:43 pm

I personally think the DIC deal has already gone through and all this other stuff about Gilette is just media bullsh*t. Why else would Mr Moores be spending money on new players if he was going to sell to DIC, it would be just throwing his own money away. I think its a done deal and the money available for these new players has come from the shiek. :nod

by **stmichael** » Wed Jan 31, 2007 3:43 pm

George Gillette is very close to Everton's Wyness and they have a puppet in the Media called Mihir Bose. Gillette wants to open the debate to a shared stadium and this was in his proposal which Bose reported on a month ago. This will be a test for our board who oppose the shared stadium. The stalling will be centred on whether they do what's best for the shareholders which is to take Gillette's money, or whether they do what looks best for the fans which is take DIC's money. There is the ex bankrupt American who invented the Harlem Globetrotters or the Investment Arm of the King of Dubai.

by **barnesrush** » Wed Jan 31, 2007 3:46 pm

http://icliverpool.icnetwork.co.uk/0500liverpoolfc/0100news/tm_headline=lfc%2D-we%2Dre-taking-us-buy%2Dout-bid-seriously%26method=full%26objectid=18555515%26siteid=50061-name_page.html

LFC: we're taking US buy-out bid seriously
Jan 31 2007

EXCLUSIVE by David Prentice, Liverpool Echo

LIVERPOOL FC today confirmed that American businessman George Gillett is a serious rival to Dubai International Capital's bid for control of the club.

The US sports tycoon has astonished Anfield officials by completing his due diligence procedure in three days.

By confirming that a shared stadium with Everton has never been on his agenda, by agreeing to personally underwrite the new stadium funding, and by making a firm commitment to investing in future transfers, he has now moved alongside DIC as a realistic future owner.

Up until 48 hours ago, chairman David Moores was focused solely on a takeover by DIC, the investment arm of the Makhtoum family.

But he has come under increasing pressure from minor shareholders to think about the American's proposals, which are worth £500 a share more than DIC's.

Moores would net £8m more from the American's offer, but sources at Anfield say the Reds chairman only wants to make the best decision for the club.

It is the speed and decisive nature of the American's proposals which have caused him to think again.

DIC took more than a month to complete their due diligence procedure, and even now no formal offer has been made.

Reds officials were hoping to vote on the DIC proposals at a board meeting in London last night before the match at West Ham, but the documentation was still not in place.

It was this latest hitch which convinced Moores to reconsider.

Building work on the new stadium is due to start in March, so a decision is imminent.

Moores is carefully considering both offers, but is expected to make a decision by the end of the week.

by **Anfield rapper** » Wed Jan 31, 2007 4:05 pm

RUSHIE#9 wrote:Unless DIC are only prepared to do a deal if they can have 100% of the club I can't understand what the hold up could be from the Liverpool end. If any other shareholders are blocking this deal surely Moores' 51.6% could be handed over to DIC and then they can make progress on the rest of the shares at a later date??? I can understand that the likes of Granada (are they still shareholders?) may prefer the Gillett deal cos they want more money back but Moores has favoured DIC from the start.
This whole thing is starting to stink a little of the Liverpool board titting about trying to squeeze DIC for more money.

The way i see it is that DIC want to own the club rather than have half of it because they would be putting money in wereas the other share holders wouldn't. It's what i think has put alot of people off investing in us. What is the point of DIC making this club successful if DIC only gets half of the profits.

I really think this Gillette fella is bad news because the more he pays for the club the faster he will want to get money back and that means less spending.

Hopefully Moores is just entertaining the idea to satisfy the other shareholders and eventually he can get them all on board to sell their shares to DIC. If not then i'm worried that this gillette will be the next Glazer.

by **Igor Zidane** » Wed Jan 31, 2007 5:01 pm

If the echo is any thing to go by , they seem to be taking the Gillette bid seriously enough , apparently the yank has completed his due dilligence in 3 days and made an offer. Whilst it has taken Dic to complete due dilligence a month and still no formal offer.
All i can say is Moores and Parry will get the best deal for the club, i'm 100% sure of that.

by **mistyred** » Wed Jan 31, 2007 5:06 pm

SSN are saying DIC have pulled out of the takeover WTF is happening now

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