DIC: takeover thread

[Rafa Shankly]

Originally Posted by OnizukaEikichi

hicks has been talking a lot shit lately.... signs of him being desperate zz

this is what im thinking,or hoping rather,i know the fat fuck loves to hear himself talk but over the last week hes been very vocal.

i wonder why he has switched his attention to the yank media though,the U.K. based media arnt doing him any favors perhaps,or painting him in the light hed wish to be seen?

[Dirk]

Originally Posted by Rafa Shankly

this is what im thinking,or hoping rather,i know the fat fuck loves to hear himself talk but over the last week hes been very vocal.

i wonder why he has switched his attention to the yank media though,the U.K. based media arnt doing him any favors perhaps,or painting him in the light hed wish to be seen?

If you are looking for a backer, which he might be, the best place to advertise would be via the US media.

[Rafa Shankly]

Originally Posted by Dirk

If you are looking for a backer, which he might be, the best place to advertise would be via the US media.

ffs we`l end up on fucking QVC or some station like that.

[coop]

At the moment Hicks is desperate to get full control of the club and is whoring the club around to anyone in his quest to get a backer so he can achieve his goal.

The problem with this is people who would be likely backers have seen how much trouble Hicks has been in getting the cash together in the recent re-finance and they will have to go through it all over again in about 16 months.

DIC know there dont need to rush. If they are confident Hicks wont be able to get the cash to buy out Gillett they know they can wait until Hicks trys to get a loan for the stadium and then sets about re-financing which he wont be able to do.

I have read somewhere that part of an agreement where if either partner wishes to sell their stake in a business and have granted the other partner first choice then that partner has 90 days to match the bid made by a third party.

This to me makes sense in that Hicks knows he is under pressure to get another backer hence him getting in the media as much as possible makeing it out he is not going anywhere and more or less putting an advert in the papers for Gilletts shares.

The silence from Gillett and DIC is purely if they have entered a period of a bid and due diligence then they are expected to quiet until a bid is made and either accepted or refused.

Tony Barrett has already said that DIC are wanting to buy the club and i believe what Tony says much more then i believe that fat fuck from Texas, Tom Hicks.

[Thants]

Originally Posted by coop

DIC know there dont need to rush.

Have they not read TLW boards?

[Moo]

Originally Posted by coop

At the moment Hicks is desperate to get full control of the club and is whoring the club around to anyone in his quest to get a backer so he can achieve his goal.

The problem with this is people who would be likely backers have seen how much trouble Hicks has been in getting the cash together in the recent re-finance and they will have to go through it all over again in about 16 months.

DIC know there dont need to rush. If they are confident Hicks wont be able to get the cash to buy out Gillett they know they can wait until Hicks trys to get a loan for the stadium and then sets about re-financing which he wont be able to do.

I have read somewhere that part of an agreement where if either partner wishes to sell their stake in a business and have granted the other partner first choice then that partner has 90 days to match the bid made by a third party.

This to me makes sense in that Hicks knows he is under pressure to get another backer hence him getting in the media as much as possible makeing it out he is not going anywhere and more or less putting an advert in the papers for Gilletts shares.

The silence from Gillett and DIC is purely if they have entered a period of a bid and due diligence then they are expected to quiet until a bid is made and either accepted or refused.

Tony Barrett has already said that DIC are wanting to buy the club and i believe what Tony says much more then i believe that fat fuck from Texas, Tom Hicks.

I was pondering just that point.
Surely Hicks has to have a time limit in which to match another bid, which could explain why everything has gone quiet on the Gillette/DIC front.


When did the re-financing go through? I think it would be fair to say that Gillette could/would not have accepted a bid until after refinancing was completed.

[Rafa Shankly]

Originally Posted by coop

DIC know there dont need to rush. If they are confident Hicks wont be able to get the cash to buy out Gillett they know they can wait until Hicks trys to get a loan for the stadium and then sets about re-financing which he wont be able to do.

I have read somewhere that part of an agreement where if either partner wishes to sell their stake in a business and have granted the other partner first choice then that partner has 90 days to match the bid made by a third party.

which all suggests were no nearer a conclusion to this,my only fear is that he will find a backer.

[Section_31]

If you threw a bucket of water over Hicks do you reckon he'd melt?

I can't see anyone fronting up the kind of cash with this kind of notice, especially the way the market is and with his reputation as an abrasive and loudmouthed cunt.

He's king midas in reverse, everything he touches turns to shit, why woud you knowingly do business with him?

[Hermes]

I think Hicks wants full control so that he gets the biggest possible return on his investement. That was the whole idea of buying the club in the first place. The value of the club will rocket over the next few years and he knows it.

[theRedHorse]

Originally Posted by Section_31

If you threw a bucket of water over Hicks do you reckon he'd melt?

I can't see anyone fronting up the kind of cash with this kind of notice, especially the way the market is and with his reputation as an abrasive and loudmouthed cunt.

He's king midas in reverse, everything he touches turns to shit, why woud you knowingly do business with him?

Silver Bullet through the Head, or a wooden steak through the Heart.

Where's the Count, Damnit!?

[Section_31]

Originally Posted by Hermes

I think Hicks wants full control so that he gets the biggest possible return on his investement. That was the whole idea of buying the club in the first place. The value of the club will rocket over the next few years and he knows it.

His business plan is a simple one, borrow more money and slap the debt on the club, build a stadium and sell the whole thing for 1b.

In fact that's probably his sales pitch to potential new investors.

[treyyy]

We have to start boycotting the matches now! If not Hicks probobly get full control of our club.

[Evil_Ways]

Originally Posted by Hermes

I think Hicks wants full control so that he gets the biggest possible return on his investement. That was the whole idea of buying the club in the first place. The value of the club will rocket over the next few years and he knows it.

Possibly.

But for that to happen he'll need to make sure the club is well run on and off the pitch, and his way to go about things point in the opposite direction. Miss the CL once and we are fucking properly fucked, with the amount of interest that needs to be paid on top of every other expense we have. And this is before even securing finances to actually build the stadium and not just start to build.
My guess is he is likely to sell if the offer provides him with a decent profit. It's just an insane amount of hassle for him to complete this 'project'.

[rebel23]

"He's not in the market to sell, but he's in the market to buy more shares,'' another person close to Hicks said, also speaking on condition of anonymity because of the sensitivity of the deal.

Hicks said this week he is preparing to "fix the situation.''

---

this would be seriously bad, I just can't see him being able to raise the money and build a stadium

[HBenn]

Does anyone else think that the news in the Echo today about deals being lined up for Crouch and Hyypia, following on from the news yesterday that Mascherano has signed permanently means that maybe everything behind the scenes is close to being sorted. I mean I may be stated the bleeding obvious and apologies if it has already been posted but why would Gillett invest in the Mascherano deal when it is evident he is off? Furthermore if Gillett hasn't invested any of it why would Hicks invest it all? I would have thought there would be a freeze on pretty much all expenditure until the owners were sure they were staying or going and the new guys were in place.

That to me points to the fact that everything is in place for us to have new owners (which I hope) or Hicks has got full control. The statement yesterday from Parry about the owners coming good on investment was interesting I thought but I have also been worried by the amount of Pro Hicks information on the website from Rafa etc. I hope that I am reading too much into things!

[Brownie]

I seriously underestimated this thread!

I thought 30 pages would be pushing it, but it's almost 50 pages and there's hardly an official quote of note!