DIC bankrupt?!?
Not on any stage.
Dubai just withdrew all interest in LFC, you come up with some crazy sh*t but to suggest at any juncture the fraudsters bid for the club would be accepted before a DCI bid is inconceivable.
https://www.google.co.uk/amp/s/amp.theguardian.com/football/2007/jan/31/newsstory.sport9but its decision to withdraw follows the failure of the Liverpool board to accept the offer last night, following a rival bid by American billionaire George Gillett. His bid is understood to be worth £8m more to Liverpool chairman David Moores.
https://www.google.co.uk/amp/s/live4liverpool.com/2010/05/view-from-the-kop/why-a-dic-takeover-would-have-spelt-even-greater-disaster-for-liverpool/amp/“
Several things happened (or didn’t happen) that gave cause for concern. Our being made aware that DIC had devised a seven-year exit strategy was one such issue, along with a suggestion they intended to raise £300 million in working capital (ie, debt), secured against the club. “I was conscious of the fact I’d agreed a deal with DIC, and telephoned Sameer al Ansari to tell him that the board preferred Gillett and Hicks’s offer, and I wanted 48 hours to think things through. DIC representatives confronted me prior to the game and put it to me that I had to sign off on their offer immediately or the deal would be withdrawn. I told them I wouldn’t be held to ransom – and they withdrew the offer. With hindsight, we may have had a lucky escape there as Dubai is not the buoyant market it was in 2007.”“
DIC had big financial issues also
https://www.campaignlive.co.uk/article/liverpool-fc-set-175m-gillett-takeover-dic-withdraw/629966Moores entertained Hicks and Co because they were offering more
And as for DiC
https://pitchbook.com/newsletter/dubai-international-capital-shuts-doorsDubai International Capital, the global investment division of Dubai Holding, a sovereign wealth fund managed by the prime minister of the United Arab Emirates, will cease operations after restructuring $2.5 billion in debt, according to a Bloomberg report. Established in 2004, the firm was unable to fully recover from mounting debt and slumping asset prices in the wake of the financial crisis, despite selling off numerous portfolio companies in recent years, including industrial packager Mauser and retailer Rivoli. DIC had launched a failed bid to acquire Liverpool FC of England’s Barclays Premier League during 2007.
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