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  #5151 (permalink)  
Old 2nd July 2008, 09:32 AM
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Re: DIC: takeover thread
DIC close in on Reds
By James Carroll - 26/02/2008 13:54

Dubai International Capital are said to be just weeks away from owning at least some part of Liverpool Football Club.

Reports claim that the Arab investment group are to be granted a period of due diligence, possibly within a couple of days, where they will examine Liverpool's books.

It's thought that DIC will first complete a deal for George Gillett's 50% stake in the club after allegedly agreeing a fee with the American.

Gillett's relationship with co-owner Tom Hicks has broken down, with sources close to the former indicating that it may be beyond repair.

Gillett has remained totally silent since the end of last year and even refused to put his name on the press release for the revised plans of the new Stanley Park stadium.

Hicks, however, isn't as willing to give up his stake in the Reds despite the animosity shown towards himself and his family from supporters angry with his running of the club.

It's claimed that Hicks had attempted to secure the funds to buy Gillett's stake in the club but was unable to do so due to the 'global credit crunch'.

Hicks is thought to be determined to remain at Liverpool in some capacity but DIC want to purchase at least some of his stake in order to become the majority shareholder and be in a position to make decisions about the club when they take control of Gillett's stake.

Rivals - News - NewsArticle - Liverpool News Article
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  #5152 (permalink)  
Old 2nd July 2008, 09:34 AM
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Re: DIC: takeover thread
Naughty boy.
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  #5153 (permalink)  
Old 2nd July 2008, 09:35 AM
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Re: DIC: takeover thread
Couldn't resist.
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  #5154 (permalink)  
Old 2nd July 2008, 09:35 AM
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Re: DIC: takeover thread
round and round we go
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  #5155 (permalink)  
Old 2nd July 2008, 09:43 AM
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Re: DIC: takeover thread
I havn't seen this thread in a while - ah, just checked the date on the article!
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  #5156 (permalink)  
Old 2nd July 2008, 09:51 AM
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Re: DIC: takeover thread
Ah, I didn't notice the date myself. It came up on my LFC news feed (Newsnow.co.uk) as if it was written today. Weird.
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  #5157 (permalink)  
Old 2nd July 2008, 07:04 PM
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Re: DIC: takeover thread
Imminent......
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  #5158 (permalink)  
Old 2nd July 2008, 07:32 PM
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Re: DIC: takeover thread
Iminiently fucked
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  #5159 (permalink)  
Old 2nd July 2008, 08:46 PM
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Re: DIC: takeover thread
Like the new ground its never going to happen.
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  #5160 (permalink)  
Old 2nd July 2008, 08:49 PM
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Re: DIC: takeover thread
Matter of hours...
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  #5161 (permalink)  
Old 3rd July 2008, 01:46 AM
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Re: DIC: takeover thread
done deal
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  #5162 (permalink)  
Old 17th July 2008, 12:15 PM
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Re: DIC: takeover thread
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Originally Posted by 1892-LFCWasBorn View Post
Matter of hours...
You lied.
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  #5163 (permalink)  
Old 17th July 2008, 12:20 PM
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Re: DIC: takeover thread
The suffocation of hope is the slowest death of all.
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  #5164 (permalink)  
Old 17th July 2008, 12:27 PM
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Re: DIC: takeover thread
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The suffocation of hope is the slowest death of all.
Quote:
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There are things in this world not carved out of gray stone. There's a small place inside of us they can never lock away, and that place is called hope.
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  #5165 (permalink)  
Old 17th July 2008, 12:43 PM
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Re: DIC: takeover thread
It's just a matter of months away now
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  #5166 (permalink)  
Old 17th July 2008, 12:47 PM
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Re: DIC: takeover thread
I hear Al-Ansari has just moved into Martin O'Neill's old house on the Wirral...
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  #5167 (permalink)  
Old 17th July 2008, 12:59 PM
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Re: DIC: takeover thread
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I hear Al-Ansari has just moved into Martin O'Neill's old house on the Wirral...
What? The one next to Zuzu?
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  #5168 (permalink)  
Old 17th July 2008, 06:55 PM
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Re: DIC: takeover thread
imminent id say

Hicks says he's friends with Gillett - European, Business - Independent.ie

Hicks says he's friends with Gillett

By Bob Bensch and Scott Soshnick


Thursday July 17 2008

Liverpool co-owner Tom Hicks says he's ''reconciled'' with partner George Gillett after they fell out amid takeover speculation surrounding the 18-time English soccer champions.

Hicks and Gillett have been at odds over the future ownership of the club, which they bought in February last year. Gillett called the partnership ''unworkable'' in March.


''George and I have reconciled,'' Hicks said in an interview before last night's Major League Baseball All-Star Game in New York. ''We've been friends for a long time. I think we figured we're better off being friends and working together constructively and not let people in the media kind of drive wedges between us.''


Pat Peeples, a spokeswoman for Gillett, didn't immediately return phone calls seeking comment.