by flombs » Wed Mar 05, 2008 5:10 am
here's some interesting reading regarding the whole take over saga... from the same guy dmjn100.
Well what a day & evening with regards to the goings on at Anfield.
Really, this just gets more insane by the hour.
From what I have heard - this is the latest.
George Gillett & PCP talks ended around midnight.
I have heard from someone who is being briefed by PCP that a deal is 'very close to being agreed' between DIC & George Gillett.
Talks are set to resume at a hotel in central London this morning at 8AM.
As I said sometime ago in here, George Gillett wants to deal with DIC and everything is very nearly in place to go ahead with the deal.
Tom Hicks who has so far resisted all overtures from DIC, despite meeting them both in Dubai & London in recent weeks, (despite all denials) is now said to be seriously worried by the DIC threat.
From what I understand, Gillett due to the contracts - has to negotiate with Hicks should he wish to sell, but Hick's problem is he can't match what DIC will offer.
Cant - Wont - Never will.
He simply doesnt have the resources.
So his plan of action is somehow to try and force Gillett to sell him 1% of his shares, so it gives him overall control - but no one who I have spoken with can understand how he can force Gillett to do that.
Hick's wish is to buy 1% of Gilletts shares, giving him OAC at Liverpool with 51% - but again no one understands how he can force that issue.
From what I have been told, the contract states - the selling party has to sell ALL shares to the other party, should one party wish to relinquish their stake.
It requires him to buy the whole 50% - and at the best price offered by whatever party.
So unfortunately for Hicks & the good news for LFC fans is that Hicks cannot force Gillett to sell just 1% - unless Gillett is offered a deal from Hicks that beats the offer from DIC. (which will not happen)
But other articles I have seen this moring suggest Hicks has some serious muscle in the States and enormous & intense pressure is being put on Gillett from Hick's buisness contacts - in an attempt to make Gillett fall in line & do what is asked.
As I said - this is messy stuff.
Before I leave - I will finish up by saying what I said sometime ago -
IMO -
DIC will end up having control at Liverpool in some capacity before long.
Dmjn100
"Anorexics addicted to shopping with hollow labotomised
heads". -Brazilian newspaper on British football wives.
"Long live Italy! I dont like Australia! I dont care about
the Australian team, and i dont want them to have good results!" -Chinese football commentator (Hilarious)