Liverpool FC Forum

by **The Manhattan Project** » Fri Feb 29, 2008 2:19 am

It's all a matter of time.

Hicks and Gillett will be gone soon.

by **Owzat** » Fri Feb 29, 2008 8:27 am

Hicks ready to block Gillett sale

Tom Hicks says he is prepared to block any attempt by co-owner George Gillett to offload his stake in Liverpool.
Reports suggest Gillett may be ready to sell his shares in the club.

But Hicks told the Fort Worth Star-Telegram newspaper: "Not only am I not going to sell, my partner cannot sell without my approval.

"So I kind of have the ability to determine the outcome of what is going to happen, and I am right in the middle of that."

He added: "For a lot of reasons I can't discuss, I haven't been able to fix it yet. But I am preparing to be in a position to fix it."

American pair Hicks and Gillett beat off competition from DIC to take over Liverpool in February 2007 and own 50% each.

But since then, they have become increasingly unpopular among Reds fans, drawing criticism for their treatment of manager Rafael Benitez and their financial management of the club.

Dubai International Capital has recently revived its interest in the club but to take control, it must buy all of one man's shares along with at least some of the other's.

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/7269910.stm

by **The Manhattan Project** » Fri Feb 29, 2008 8:42 am

Hicks will nuke the city of Liverpool.

He says that if he can't have Liverpool Football Club, then NOBODY CAN!!!!

by **puroresu** » Fri Feb 29, 2008 8:59 am

JBG wrote:I wouldn't get overly concerned by Hicks' talk.

He's playing hard to get knowing that sometime or another he will make a fat profit. If its not DIC there are plenty of other potential suitors about. Hicks obviously has a figure in his head of what he wants and DIC as yet has not matched it. The longer this goes on the more I believe Hicks has no interest in being at Liverpool long term but at the same time he is prepared to bide his time so as to make a killing from a sale.

As for Hicks preventing Gillett from selling ultimately Hicks cannot stop Gillett from selling if Gillett really wants to although he could make it very difficult for Gillett i.e he could force Gillett to take him to the High Court.

All of this is posturing and grandstanding, what's being said in public is spin and PR.

Is there though? It was like last time the club had investors desperate to get in. It took ages to find buyers.

by **LiverpoolMadman** » Fri Feb 29, 2008 12:51 pm

Owzat wrote:Hicks ready to block Gillett sale

Tom Hicks says he is prepared to block any attempt by co-owner George Gillett to offload his stake in Liverpool.
Reports suggest Gillett may be ready to sell his shares in the club.

But Hicks told the Fort Worth Star-Telegram newspaper: "Not only am I not going to sell, my partner cannot sell without my approval.

"So I kind of have the ability to determine the outcome of what is going to happen, and I am right in the middle of that."

He added: "For a lot of reasons I can't discuss, I haven't been able to fix it yet. But I am preparing to be in a position to fix it."

American pair Hicks and Gillett beat off competition from DIC to take over Liverpool in February 2007 and own 50% each.

But since then, they have become increasingly unpopular among Reds fans, drawing criticism for their treatment of manager Rafael Benitez and their financial management of the club.

Dubai International Capital has recently revived its interest in the club but to take control, it must buy all of one man's shares along with at least some of the other's.

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/7269910.stm

why the hell he's blocking the sell ??

by **Ola Mr Benitez** » Fri Feb 29, 2008 1:41 pm

LiverpoolMadman wrote:
Owzat wrote:Hicks ready to block Gillett sale

Tom Hicks says he is prepared to block any attempt by co-owner George Gillett to offload his stake in Liverpool.
Reports suggest Gillett may be ready to sell his shares in the club.

But Hicks told the Fort Worth Star-Telegram newspaper: "Not only am I not going to sell, my partner cannot sell without my approval.

"So I kind of have the ability to determine the outcome of what is going to happen, and I am right in the middle of that."

He added: "For a lot of reasons I can't discuss, I haven't been able to fix it yet. But I am preparing to be in a position to fix it."

American pair Hicks and Gillett beat off competition from DIC to take over Liverpool in February 2007 and own 50% each.

But since then, they have become increasingly unpopular among Reds fans, drawing criticism for their treatment of manager Rafael Benitez and their financial management of the club.

Dubai International Capital has recently revived its interest in the club but to take control, it must buy all of one man's shares along with at least some of the other's.

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/7269910.stm

why the hell he's blocking the sell ??

He is trying to block the sale because if DIC buy 50% of the club, because of their enormous wealth compared to his, they will soon be able to ain control of the club.

When the loans are due to be paid up, the arabs would simply not agree renew them (and they would not need to as they have available cash) and then Hicks would have to sell. , or stump up more cash than he probably has.

If you look at the markets they operate in Hicks and Gillette are in the middle of an enormous credit crunch in the states and DIC have lots of contacts with oil, and the price of oil goes up daily.. more and more profit ending up in their already huge bank balance.

by **stmichael** » Fri Feb 29, 2008 1:49 pm

As much as it would be great to have the fans who really love the club to "own" it, I still think that this proposition raises too many questions than it does answer. To be brutally honest, I just do not think that the assumed amount mooted to raise is enough. It might be enough just to buy off the bloodsucking Americans and pay off what debt they have put the club into. And then what?

Can we afford to bid for world class players every season to remain competitive?

Can we afford an aggressive management who can run the club into profitability fast?

If the club needs more money, where can it turn to thereafter to raise the funds?

There's just too many holes right now that needs to be plugged. It is a noble idea. But I just have too many doubts about how it can be operated optimally to the advantage of the long-term future of the club.

by **RUSHIE#9** » Fri Feb 29, 2008 2:46 pm

stmichael wrote:As much as it would be great to have the fans who really love the club to "own" it, I still think that this proposition raises too many questions than it does answer. To be brutally honest, I just do not think that the assumed amount mooted to raise is enough. It might be enough just to buy off the bloodsucking Americans and pay off what debt they have put the club into. And then what?

Can we afford to bid for world class players every season to remain competitive?

Can we afford an aggressive management who can run the club into profitability fast?

If the club needs more money, where can it turn to thereafter to raise the funds?

There's just too many holes right now that needs to be plugged. It is a noble idea. But I just have too many doubts about how it can be operated optimally to the advantage of the long-term future of the club.

I have had the same misgivings about the idea of the fans buyout. Yes it's a great idea on the surface and compared to the nightmare we find ourselves in currently it looks to be the perfect solution. The more I think about it though and compare it to the blueprint that is the Barcelona system the more I feel that it is less likely to work for us.
Barcelona have a much larger sporting empire than Liverpool. They've not only got the football team they also have very successful basketball, handball, hockey & futsal (some kind of indoor footy I think) teams that also generate income plus have members (socios) that boost the numbers. So it's not just the football team that brings in the cash which would be the case with Liverpool. Plus you add to that the reputation the spanish banks have of propping the teams up with endless loans that they very rarely come calling for for fear of alienating customers. A very strange practice I admit but it's something I have heard of happening (if I'm wrong Sabre will probably be able to confirm if this is the case or not).

I would like to think that an imminent take over by DIC would be the more stabilizing route for the club and then in a few years if DIC are then looking to cash in the fans may be able to do a deal that would see a socio's scheme takeover.

by **LegBarnes** » Fri Feb 29, 2008 2:49 pm

OMG have you seen this HICKS home se.x tape has been leeked i think DIC was trying to bribe them.

http://www.youtube.com/watch?v=ZaNuHV603S4&feature=related

:eyebrow

by **account deleted by request** » Fri Feb 29, 2008 4:40 pm

Ripped from TLW

by **tubby** » Fri Feb 29, 2008 9:46 pm

Ola Mr Benitez wrote:
LiverpoolMadman wrote:
Owzat wrote:Hicks ready to block Gillett sale

Tom Hicks says he is prepared to block any attempt by co-owner George Gillett to offload his stake in Liverpool.
Reports suggest Gillett may be ready to sell his shares in the club.

But Hicks told the Fort Worth Star-Telegram newspaper: "Not only am I not going to sell, my partner cannot sell without my approval.

"So I kind of have the ability to determine the outcome of what is going to happen, and I am right in the middle of that."

He added: "For a lot of reasons I can't discuss, I haven't been able to fix it yet. But I am preparing to be in a position to fix it."

American pair Hicks and Gillett beat off competition from DIC to take over Liverpool in February 2007 and own 50% each.

But since then, they have become increasingly unpopular among Reds fans, drawing criticism for their treatment of manager Rafael Benitez and their financial management of the club.

Dubai International Capital has recently revived its interest in the club but to take control, it must buy all of one man's shares along with at least some of the other's.

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/7269910.stm

why the hell he's blocking the sell ??

He is trying to block the sale because if DIC buy 50% of the club, because of their enormous wealth compared to his, they will soon be able to ain control of the club.

When the loans are due to be paid up, the arabs would simply not agree renew them (and they would not need to as they have available cash) and then Hicks would have to sell. , or stump up more cash than he probably has.

If you look at the markets they operate in Hicks and Gillette are in the middle of an enormous credit crunch in the states and DIC have lots of contacts with oil, and the price of oil goes up daily.. more and more profit ending up in their already huge bank balance.

The credit crunch will also affect DIC, just not as much as it will G&H. You would be surprised at just how much of the American economy is tied up with the middle east. Probably around 40% or so.

Quality pic saint.

by **tubby** » Fri Feb 29, 2008 9:55 pm

Also I was wondering now that they have forked out the money for Mascherno, can we intepret that as a sign that they are indeed planning NOT to sell up contrary to whoever the :censored:

on what forum has told us?

by **The Manhattan Project** » Fri Feb 29, 2008 9:58 pm

You would be surprised at just how much of the American economy is tied up with the middle east. Probably around 40% or so.

That's why they are always bombing it.

by **JoeTerp** » Fri Feb 29, 2008 10:05 pm

well if we are tied to contracts to build it back up again, then it would make sense to bomb it

by **tubby** » Fri Feb 29, 2008 10:06 pm

The Manhattan Project wrote:
You would be surprised at just how much of the American economy is tied up with the middle east. Probably around 40% or so.

That's why they are always bombing it.

Far from it. They may be bombing Iraq but you dont :censored:

where you eat. Dont get that confused with Dubai. lol Anyway lets not get political.

If the UAE were to pull all their money out of the USA immeditley the concequences would be dire, probabaly on the scale or a recession maybe worse.

Liverpool FC Forum

TAKEOVER COMPLETE - H & G Finally Jibbed!

Who is online