DIC: takeover thread

[Moo]

coop, you sound genuine so I'll ask this; Do you know if DIC are still interested in just acquiring Gillett's shares initially?

[lfc4eva99]

Ofcourse Coop, wasnt having a go at you mate...

[bobhorse]

I think May will be the month he leaves

I have believed that for a fair while now, i can't see how he can hold on, he can't get the money to buy Gillet ou,t so Gillet can sell to who he wants, and If DIC take 50%
Hicks is finished

He knows it but it wont stop him fighting to keep control of the club until the bitter end

[phil1694]

It's been all over the more respectable press that he's fucked and has been told to sell by JPMorgan. He is fucked, no-one will buy a stake in Hicks R us and he's screwed. The sale is matter of days away. This is the one positive we can take from tonight - the pair of cunts will go and the future is what we all want...A chance to compete financially with the Scum and Chavs.

[Carra_is_legend]

Originally Posted by bobhorse

I think May will be the month he leaves

I have believed that for a fair while now, i can't see how he can hold on, he can't get the money to buy Gillet ou,t so Gillet can sell to who he wants, and If DIC take 50%
Hicks is finished

He knows it but it wont stop him fighting to keep control of the club until the bitter end

I wish I can share your optimism Bob - there has been too much speculation about the 90 day veto, it exists, it doesn't exist etc. Didn't Gillett say that Hicks only "threatened" to use his veto? If that is the case, I can't see where this 90 day thing comes from.

[Neil G]

Originally Posted by WaltonRed

Time to turn on them on Sunday.

We have 4th and fuck all to pla for lets target them for 90 minutes and show them there time here is done.

Originally Posted by Section_31

The only good thing to come out of tonight is that maybe now we'll see some movement in the boadroom, it's time to get this fucking show on the road and get rid of these cunts once and for all.

Originally Posted by Moo

If there's no concrete news by Sunday it's time for another protest.
This time I think there should be a sit in. Most supporters will be hanging about anyway seeing as it's the last home game but everyone should give up at least a further hour to make a stand.

Originally Posted by phil1694

He's gone anyway, the fuckin tool, but as it's on Sky fuckin attack the twat for 90 mins just for fun. Fat-headed prick.

Originally Posted by Agt Provocateur

The season is over for us now. We've got 4th in the bag, so let's now focus our attentions on the Americans. City is our last home game of the season and now means nothing. It should be used as a protest.

Is the correct answer.

Sunday is the time to make our stand. As a side benefit it'll be good therapy for getting over tonight, but in the long term it's far more important than us winning number six and everyone knows it. Give 'em hell.

[Chippo]

I`m pretty sure Hicks can hold on to the club if he really wants. After all, the debt is on the club and can be secured against the club assets. Even if Hicks is affected by the credit crunch in the US, thats really down to his american based businesses, not Liverpool. He has not spent a dollar of his own money on this club.

On the other hand, if he doesnt have the money to invest in the club (ground, players) the value of the club is probably gonna go down. Hopefully he is more of a businessman than a stubborn shitehead an wil realise that.

And im not convinced that Gillett are trying to do the best for the club either. I dont have any information and hopefully im gonna be proved wrong

[drewy]

Originally Posted by Chippo

I`m pretty sure Hicks can hold on to the club if he really wants. After all, the debt is on the club and can be secured against the club assets. Even if Hicks is affected by the credit crunch in the US, thats really down to his american based businesses, not Liverpool. He has not spent a dollar of his own money on this club.

On the other hand, if he doesnt have the money to invest in the club (ground, players) the value of the club is probably gonna go down. Hopefully he is more of a businessman than a stubborn shitehead an wil realise that.

And im not convinced that Gillett are trying to do the best for the club either. I dont have any information and hopefully im gonna be proved wrong

No it's not, £100M out of the total borrowed.

[phil1694]

Sunday is the absolute ideal day to make a stance, there is fuck all to play for and nothing to lose, whatever it takes get the message across to the main media...broader than SkySports...make a stance. We are liverpool Football Club, the fans, not two Yanks with massive loans and no concept of what it means to spend your life adoring LFC.

[Judge]

Originally Posted by bobhorse

I think May will be the month he leaves

I have believed that for a fair while now, i can't see how he can hold on, he can't get the money to buy Gillet ou,t so Gillet can sell to who he wants, and If DIC take 50%
Hicks is finished

He knows it but it wont stop him fighting to keep control of the club until the bitter end

That is the big question isn`t it. How do we know that he hasn`t got an american pal WITH enough cash to buy Gillett out? This pal will of course be even more greedy than himself and willing to milk every penny out of the club as soon as possible.

I think there are several investors around with enough cash to support Hicks in his bid for 100% control.

[zigackly]

Originally Posted by drewy

No it's not, £100M out of the total borrowed.

Yes, because the debt on the holding company can easily be reclaimed from their other assets ...

[DJLJ]

Originally Posted by Judge

That is the big question isn`t it. How do we know that he hasn`t got an american pal WITH enough cash to buy Gillett out? This pal will of course be even more greedy than himself and willing to milk every penny out of the club as soon as possible.

I think there are several investors around with enough cash to support Hicks in his bid for 100% control.

George W Bush being one. Texan - check. Worked with Hicks before - check. Absolute cunt - check. Its a dead cert.

[phil1694]

Originally Posted by Baps

If a deal was days away do you really think he'd bother coming to see us play and have meetings with the manager about signings?

No point in giving people false hope, best to accept the reality and deal with it.

He's a cunt. A gobsite to the end. The day he went on Sky in his LFC polo shirt proved he was panicking. No money has come forward, it backfired everyone saw through it and now he's trying to save face by turning up at games with a song and a scarf, he is fucked, he knows it, and before too long we can forget about the piece of shit.

[drewy]

Originally Posted by zigackly

Yes, because the debt on the holding company can easily be reclaimed from their other assets ...

So what you're saying is they've hoodwinked us and the total debt is against the club? Cos that's not what I understand.

[bobhorse]

Originally Posted by Carra_is_legend

I wish I can share your optimism Bob - there has been too much speculation about the 90 day veto, it exists, it doesn't exist etc. Didn't Gillett say that Hicks only "threatened" to use his veto? If that is the case, I can't see where this 90 day thing comes from.

There would have to be some sort of agreement if one of them wanted to sell

I am not claiming there is a 90 day clause but Gillet wants to sell and if Hicks cant come up with the money then he can sell to who ever depending on the timescale in the terms agreed between them both

Once DIC have the shares Hicks will see his stake reduced by a further half unless he can come up with another 200m for his 50% of the stadium costs and if DIC wont agree to borrowing the cash he is fucked and at that point he doesn’t matter as he would only hold 50% of the team and none of the stadium where the money will be made

so he will go as soon as he cant prevent the sale he will agree to sell his 50% also it is all about saving face now

[zigackly]

Originally Posted by drewy

So what you're saying is they've hoodwinked us and the total debt is against the club? Cos that's not what I understand.

What do the banks do if they call the debt in on the holding company? They sell their assets.

[Ted]

Aren't we the only asset that Kop Holding has?

[drewy]

Originally Posted by zigackly

What do the banks do if they call the debt in on the holding company? They sell their assets.

So you're saying they have taken the piss out of us? I'm asking mate because this isn't my area of speciality.

Surely they would be forced to sell other assets first?