** Investment News - finally the LFC TAKEOVER! (Part 1) **

I agree knocking the board is not the way too go, I think everyone is forgetting the plain simple truth. We need investment to compete with the likes of the SCUM, Chavski and arsenail. Its a simple fact no matter what anyone says, or has doubts about.
Not for the want of a better word we should be pleased in the fact that Gillet unlike the American Hunchback who took over the SCUM is not waylaying 500 million of debt onto the club. From what Ive been reading albeit a bit suspect it seems that Mooresy and Para have been paly paly with Gillet, sharing cocktails and the like, and maybe a pair of cowboy boots too from what I can imagine.

Im gonna do some serious research on this Gillet guy and then make my assumptions when I have some evidence to back them up...

Just read a piece by Phil McNulty, heres a couple of interesting paragraphs.

"But Gillett has made crucial moves in the last week that forced Liverpool to reconsider him as a serious proposition.

He completed his due diligence programme within three days - after DIC had taken the best part of a month over the same process.

He happily agreed to personally underwrite the potential £200m-plus cost of a new stadium without hesitation.

Was DIC reluctant to underwrite in such a fashion? If it was, it may have suggested to Liverpool a slight dent in their enthusiasm.

He delivered guarantees on future transfer funds.

And, crucially, Gillett was able to reject what some previously saw as a key plank of his proposal - namely a groundshare with neighbours Everton.

Liverpool chairman Moores, who owns 51.6% of the club, would get £8m more from the Gillett deal, but it would be unfair to suggest this would sway a deal.

Moores has never been motivated by personal gain from Liverpool - which suggests he was having serious reservations about choosing DIC ahead of Gillett over and above financial considerations".

Maybe all wasnt rosy as we thought but as you say Prag only after a bit of research can we dismiss Gillett out of hand..

 full article-  http://www.bbc.co.uk/dna/606/A19411256

i personally think in the long-term, this gillett dude is not the right man or group to control a club, whereas with the DIC we had a guarantee that Liverpool would stay strong with the humungous wealth the sheikh mohammed, owning dubai and that. I am not liking this gillett dudes wealth valueing just under 1 billion and he is nowhere to be seen on forbes whereas the sheikh is valued to around 30 bil which is sum difference

David Moores and Rick Parry had this to say about the pull-out of the Dubai Investment bid and the accusations that Moores is just lining his pockets with an extra £8 million................

Priceless Jabba

It's times like this that I really miss Famous_Liverbird's analytical insights in to our great club  :

I don't really have much to say - feel a bit pissed off about it all BUT coming round to the conclusion that it doesn't really matter.

I think we are getting a new stadium as long as SOMEONE buys us.

I think we are going to be a rich man's plaything designed to earn somebody a profit WHOEVER buys us.

It was either a Middle East group or an American group.

If a bunch of die-hard LFC supporting scousers are sitting on a goldmine somewhere in the world, now's the time to perform an (and I quote from the legendary film 'Face Off') 'Interception'.

Come on Robbie.  Get your F***ing cheque book out sunshine.

I think if DIC were really interested and committed  in their bid  they would not pull out even if they feel pissed off with liverpool. They should leave their final bid as it stands

LATEST FROM LFC.TV - SAYING NOTHING BASICALLY !!

Yeah, I'm not too surprised about that Smigger.

Well after calming down a bit, I've just come to the conclusion that there's hopefully things unknown to us, that was bad for the long term future of our club with the DIC investment. Looks like there's only one road for us to go down now. Let's hope it's the right one. God knows it's took long enough. Surely there isn't any more twists in the tail??? ;-) Don't think I can take much more!!!

Good stuff Jabba for putting some good humour in a tough subject!!!! Hilarity!!!!

Come on Robbie.  Get your f***ing cheque book out sunshine.

Funny you should say that...if Robbie sells up all his houses in East Manchester to the Casino Industry he'll probably have enough to buy the reds...............

intresting read

http://www.bbc.co.uk/dna/606/A19411256

This part of Glenbucks post has cheered me up.

So I may now formally be withdrawing my plan to send death threats to all the board members

He completed his due diligence programme within three days - after DIC had taken the best part of a month over the same process.

He happily agreed to personally underwrite the potential £200m-plus cost of a new stadium without hesitation.

Was DIC reluctant to underwrite in such a fashion? If it was, it may have suggested to Liverpool a slight dent in their enthusiasm.

He delivered guarantees on future transfer funds.

And, crucially, Gillett was able to reject what some previously saw as a key plank of his proposal - namely a groundshare with neighbours Everton.

Morning all, I havent read all the posts on this topic but I am very conecrned that suddenly a businessman wants to buy us whereas with DIC at least they supported the club.

Im very nervous about it now, I hope the board know what they are doing. DIC have proved how hard a negotiator they are and I hope we dont end up playing sillybuggars like we alwasy seem to do. Please let the board be right on this one.

From the papers !

THIS looks like a massive miscalculation by Liverpool chief executive Rick Parry and the rest of the Anfield board.

My understanding is that the board had informally agreed with DIC that an announcement would be made next Monday — after this weekend’s derby against Everton. DIC were happy to go along with this.

However, once George Gillett’s interest became known, the board’s communications with DIC became much more vague.

Gillett has already conducted ‘due diligence’ — the process of going through Liverpool’s books — and could now table an offer within 10 days.

This is likely to include more money for Liverpool’s investors — including chairman and 51.6 per cent shareholder David Moores — than DIC were prepared to offer.

But it is by no means clear whether Gillett will make the same commitments that DIC were prepared to make elsewhere.

These included detailed plans for a new £240million stadium and a budget for new players which I am told would have been in excess of £80m.

So, while Liverpool’s shareholders will be delighted, it doesn’t look so good for supporters. A City source close to the talks told me: “Liverpool’s board have messed everyone around for too long. They thought they were being clever playing the two sides off against each other.

“This is very bad news for Liverpool fans. Gillett is a poor man’s Malcolm Glazer — he’s got less money than the Glazers and less expertise.

“He’s pushing 70, he wants Liverpool as a plaything for his son, Foster. Can he afford it?”

There will doubtless be speculation now that DIC will look elsewhere — possibly at Arsenal.

This is most unlikely, though. Sameer Al Ansari, DIC’s executive chairman and chief executive, wanted Liverpool because he is a supporter. He is unlikely to look elsewhere.

---

I have to say though this does look like the biggest cock up of all time bt Parry and the Board, when we do finanly get taken over do we will no doubt hear that this was the preferred option (RUBBISH) the fans will loose out here, and what now DIC start to look at Arsenal !??? WHAT A F**k UP !

Say, I read that the new stadium won't be at Anfield Road, but somewhere else? Is that true? Do you have any information about this?

I lived in U.S. quite some time and I tell you this fellow stinks...he's very clever and a pure!! businessman and Liverpools board is too greedy...bad combination...I HOPE DIC gets it....

Reds’ chief tells angry fans: ‘Trust us’

Feb 1 2007

EXCLUSIVE by Chris Bascombe, Liverpool Echo
 
LIVERPOOL chief executive Rick Parry today appealed for the fans’ trust as the club pressed ahead with George Gillett jnr’s Anfield takeover.After the collapse of the Dubai International Capital investment, the board was unanimous in declaring Gillett the best option.But his comments came as Irishman John Miskelly re-emerged as a rival bidder.Parry insists Gillett should not be seen as a second choice, has ruled out a prospect of a groundshare with Everton, and has been through a thorough background check on his suitability.

He said: “The overriding message is: Don’t worry.
“Whatever decision is finally taken will be done so in the best interests of Liverpool Football Club. When we have more to say, we are sure it will be good news and the right news.
“We had a duty as directors to consider a very interesting bid from George Gillett. The price is not a factor in David Moores’s mind. He is not after cash for himself, absolutely not. But he felt compelled to consider the rival bid.
“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.
“We would also stress this is not a question of going for the second choice. David has always given George Gillett serious consideration while at the same time we didn’t want to rush into any decision, and we were aware DIC might walk away.
“George Gillett has made it absolutely clear to us he will not be in favour of a groundshare. There will be funding for the new stadium and a proper commitment to investment in the team.
“Be assured the only thing David Moores is concerned about is the club being in the right hands for the future. You can be certain he has done his homework carefully and will make a decision in the best interests of the club. The fans have trusted David to do the right thing in the past and can be sure that’s what he’s doing now. If they thought the Dubai bid was good, rest assured he is now considering a different course for the right reasons.”
Mr Miskelly, an executive box holder at Anfield, made a £220m bid for Liverpool last November, but has never been favoured by the club’s hierarchy.
The Northern Ireland entrepreneur values the club at £140m, but pledged a further £50m to pay the shortfall on the Stanley Park Stadium, and to hand an initial £30m to Rafa Benitez in transfer funds.
Miskelly, worth an estimated £150m, approached club accountants Price Waterhouse Coopers yesterday to confirm his offer is still on the table.
It’s clear the 41-year-old’s pockets are not as deep as Gillett jnr, but the Irishman argues his affinity with Liverpool and the transparency of his motives ought to make him a genuine contender.


Its alright saying don’t worry, but this is from the man who said the DIC deal was done and almost dusted. The other worrying thing is the re-emergence of John Miskelly, does this mean all bets are off and the club is for sale to the highest bidder? Who else is going to emerge as a possible buyer,Steve Morgan perhaps? The man who has helped scupper the DIC bid may finally get a seat on the board.

That's just blablabla...and says nothing. Just to silence people and say something the media can bring....

That's just blablabla...and says nothing. Just to silence people and say something the media can bring....

When the local Liverpool papers make a statement it is usually not far off the mark,as for silencing people if you have a look around this forum and for that matter other LFC forums it is all people are talking about.
DIC rightly or wrongly are gone and from doing some research it seems the deal was in decline even at the Chelsea game when Moores and a DIC representative where seen having  heated arguments.
At the moment the fans dont know what is right for the club as where told one thing then another,all i know is things got decidedly frosty after the Daily Telegraph revealed DIC's plans to move on after seven years and they where very embarassed when the documents surfaced.

By the way heres a link about the New stadium you asked about.

http://www.liverpoolfc.tv/newstadium/

We as fans need to know wot the hell is happing at the mo. we have let the best thing for the club go, now we got a geeky 70 yr old who isn't as rich as the glazer, and just wants us as a play thing for his son who has no knowlodge in football. i feel for our clubs future if this geek gets in.

Im tempted to say F**k it cancel the whole thing, Moores can hold on to the club now seeing as he fu**ed up the previous DIC takeover, his fault and he should be big enough to come out and say so and sort the stadium out himself . . . .

Make our selves herd at the match on the weekend!!!!

If DIC took over it wud be a fan run club for years and years, but now that geek is taking ova it will turn in to a business and wont be a fan run club. thats the difference between the two. and i know wot i wud perfer.

totally agree, we need to know whats going on, i really wanted the DIC thing to go through but then you hear these stories i.e the 7year thing/heated arguments etc so was that really the best deal for the club? We need the cash to progress but we cant sell our soul so its gonna be hard, i always liked the sound of the kraft family but nothing ever went through with them.............

my problem with gillett is he isnt rich enough to take us forward, apparently he hasn't got half the wealth glazier has . . .

I think my title says it all, what would have been a club run by fans with huge finance potential has now been fu**ed up by a money grabbing c**t

I hear Gillett has already sounded out banks about borrowing money !

All LFC fans clog the forums send in letters what ever let Parry & Moores know exactly how we all now feel !

Not interested in that rubbish from Parry today they have fu**ed up and they, more importantly we know it !

If they do sell out to this yank then they had better never come back to Liverpool again !

Its not all about money - just look at Real Madrid