Originally Posted by lfc4eva99
Its 7th may where I live...
Deadline day, Coop??????????
|
As per usual mate things change on a regular basis and although they were hoping to make an announcement it wasnt forthcoming.
Im not sure if you understood when i said an announcement. It wasnt to say they had bought the club although that is still ongoing.
At this precise moment Dubai Holdings offer is there for all to see and they are waiting on a phone call from Tom Hicks or his representatives to say he is willing to sell.
Hicks is running out of options. He has tried whoring the club around the Middle East, he has tried America and more recently London to try and attract investment.
He has changed advisors because they are not giving him the information he wants (advisors are telling him to sell) and now it seems he has turned to Hedge funding which i shudder to think what will happen if he gets them.
What is happening now is Tom Hicks is under a lot of pressure to find some money. He has loans due now on other activities and the banks he owes the money to are getting restless.
Banks are not a charity case and they want their cash back from overdue loans. The banks know that Hicks as a way of paying money back and that is by selling his share in Liverpool.
Tom Hicks knows this but he is reluctant to sell Liverpool as we are the biggest money spinner he owns and he is exploring every avenue to be able to raise the money, even if it means putting the long term future of the club at risk he will try it.