DIC: takeover thread

[Trucker Paddy]

Originally Posted by spider-neil

moores couldn't have picked a worse invester if he tried.

moores is a greedy self obsessed cunt

[edinjapan]

Originally Posted by coop

As far as im aware once a third party (Dubai Holdings) had made a bid for one of the partners (Hicks and Gillett) shares in the company then the partner was obliged to offer his shares at the same value to the other partner.

Its a confusing way of saying if Dubai Holdings have made a bid for Gilletts shares then as part of the initial purchase agreement then Gillett has to offer Hicks his shares.

I get a feeling Tom Hicks is thinking of going down the way of court proceedings if he can manage to raise the funds.

Lets say for example Hicks manages to get outside investment and offers £200 million for Gilletts shares. Gillett has already said he wont sell to Hicks so therefore Hicks can try and take Gillett to court for been in breach of their agreement and he can prove he has the money available.

Whilst Hicks does not have the finance available then he can not down the route of court proceedings.

Dubai Holdings do not want it to go down the route of court action because this will purely drag out the situation and they want to ideally purchase the club asap so they can help the club in the summer and not let Liverpool FC suffer thanks to Tom Hicks.

This is only my personal opinion but i think if it looked like it was going to go to court then i wouldnt be surprised to Dubai Holdings pull out.

I dont know the reason why Dubai Holdings have not bought Gilletts shares not but it is obviously to do with the 'power of veto' installed into the contract the two agreed to when they purchased the club.

Yep. Now GG said months ago it had been offered to Hicks, 1% and 49%/50%. As we know he doesn't have the money yet. The 90 day thing must come from a some sort of legal precedent (a previous case with similar facts), 90 days being a financial quarter and then, in the eyes of the court, a 'reasonable' time for Hicks to have raised the finance. My guess is
the agreement H&G had had no such mention of a 90 day limit.

The other thing is that even if Hicks does match an offer, G can still decide not to sell. Its his prerogative. So I think we are at a stalemate. Unless Hicks get squeezed financially, I think he'll hold on, unless of course GG is prepared to take him to court.

I can understand why DIC don't want to stick around for a court case. And H&G won't want it either, because of the cost.

So I think there's a stalemate. And I'm hopeful it will end in a win or DIC, I just can't see how its going to come about without a court case, and by the end of the summer.

[lfc4eva99]

What if Hicks comes up with say 200m for Gillet's shares... then Dubai offer 225m...? he gets another 90 days?

Also, at the moment, isnt is true that Hicks can just use 50% of his holding in the club to get loans to purchase the other 50%... but that 50% is already bought on money which was loaned out... so how can he get a loan on something that is already loaned out?

or im just confused and am not making sense.....

[coop]

Originally Posted by Slimmy

Coop, why this shift drom DIC to Dubai Holdings? I know DIC is an offshoot of Dubail Holdings but does this indicate the Sheikh's level of involvement?

DIC is a subsidary of Dubai Holdings.

The problem is DIC are an investment arm and cant really justify spending near on a billion pound without some sort of short term return whereas Dubai Holdings are higher up the food chain so to speak and can therefore take a long term view on buying Liverpool.

Any newspaper reports of the Sheikh buying Liverpool on his own are wrong as no purchase of the club will be done without Dubai Holdings.

Forget how the Sheikh personally runs Godolphin as that will not be the case with Liverpool. Thats not to say we wont be able to go for the top players but we wont go on a Chelsea like spending spree.

[Rashid]

Coop what are you on about? You are talking as if the Sheikh told you himself. The only reason Staveley is involved is because she is a personal friend of his and he want her to to his work for him. DIC have never used her in the past...

[Kaizer Sauze]

Originally Posted by Rashid

Coop what are you on about? You are talking as if the Sheikh told you himself. The only reason Staveley is involved is because she is a personal friend of his and he want her to to his work for him. DIC have never used her in the past...

Not true

[coop]

Sorry Rash ill keep me fucking gob shut in future.

The deal is imminent, matter of days ring a fucking bell.

[Rashid]

Originally Posted by Kaizer Sauze

Not true

Why do you always speak like that?

Guess who this is from?

A source familiar with the situation said Miss Staveley had known the Dubai Royal family for more than a decade.

She is understood to have come into contact with the Sheikh in Newmarket where she was involved in the restaurant trade.

The presence of Miss Staveley and DIC chief executive Sameer al-Ansari at Liverpool’s first leg Champions League semi-final against Chelsea at Anfield last week gave a clear indication of the Sheikh's personal interest in the club.

[Rashid]

Originally Posted by coop

Sorry Rash ill keep me fucking gob shut in future.

The deal is imminent, matter of days ring a fucking bell.

Matter of days etc was true except that cunt Hicks decided to dig in... I seem to remember me being one of the first to say DIC are back in...

[Ted]

Boys boys, let's not have a 'my dick is the biggest' contest here.



You're both hung like hamsters anyway.

[Kaizer Sauze]

Originally Posted by Rashid

Why do you always speak like that?

Guess who this is from?

Yes, because she is only involved because the Sheikh thinks "she's a good egg", absolutely nothing to do with her business skills that have seen her amass a vast wealth of her own, oh no, it's merely because the Shiekh thinks she's got nice tits.

Why do I talk like that?

Because I don't state things as fact that clearly are not, and I don't think it's on when other people do, especially when the more gullable might take it at face value.

[Kaizer Sauze]

Originally Posted by Ted

Boys boys, let's not have a 'my dick is the biggest' contest here.



You're both hung like hamsters anyway.

Dude, thought we were mates?

[Rashid]

Originally Posted by Kaizer Sauze

Yes, because she is only involved because the Sheikh thinks "she's a good egg", absolutely nothing to do with her business skills that have seen her amass a vast wealth of her own, oh no, it's merely because the Shiekh thinks she's got nice tits.

Why do I talk like that?

Because I don't state things as fact that clearly are not, and I don't think it's on when other people do, especially when the more gullable might take it at face value.

There are loads of fixers out there but the Sheikh trusts Staveley. As I said, DIC haven't used her in the past. I know this cos David Bond knows Staveley and did her PR work for her for a few weeks in the Telegraph!

[Kaizer Sauze]

Originally Posted by Rashid

There are loads of fixers out there but the Sheikh trusts Staveley. As I said, DIC haven't used her in the past. I know this cos David Bond knows Staveley and did her PR work for her for a few weeks in the Telegraph!

So it's nothing to do with her business acumen and just down to the fact her and the Shiekh are buddies?

Just accept I know far more about this than you do and stop talking shite

[Ted]

Originally Posted by Kaizer Sauze

Dude, thought we were mates?

I meant Rash and Coop.

[coop]

Honestly Rash i couldnt give two fucks what you think. Ive been out for the last four hours in a situation i could have done without (im not explaining on here where i have been because its personal).

At the moment i have a very short fucking fuse and im sorry mate but you have fucking lit it.

Im telling people what i have been told in good faith. The Sheikh will obviously oversee any deal to buy us but he will not personally buy us it will be Dubai Holdings.

If you dont like what i have put then fuck off and put me on ignore because i really dont give a shit.

Im sorry if im out of order but your a patronising cunt who give me abuse the other day about pissing you off and now question my integrity when i relay information to fellow Liverpool supporters who i thought was interested.

I had this conversation with one of the lads on here a couple of days ago about whether or not i should mention things on here. I told him stuff i know and the likely reaction it will get on here. He knows where im coming from and you Rashid can kiss my lilly white fucking arse.

I cant ever remember been classed as a billy bullshitter on here and the last four hours i have just had Rashid i would pull your fucking head off if i was face to face with you.

Ive tolerated you for long enough but im losing fucking patience with you fast.

Night lads im going to bed to rip the fucking teddy bear to shreds.

[Kaizer Sauze]

Originally Posted by Ted

I meant Rash and Coop.

Love you dude

[Rashid]

Fucks sake Coop leave it out and calm down. I didn