fuck. DIC pull out ..

[Wig]

This is a fuckin pain in the arse!! Why Jesus? Why?

[philyhamann]

Parry and Moores better get on the line to DIC and suck their fucking cocks.

[the paddock]

gillette are the ones that want a shared ground aren't they?

 

The Echo says Gillette has confirmed he doesn't want a groundshare

[Guest TK-421]

Haha funny thread title!

[Thants]

Jesus calm down everyone. Cant say i'm bothered.

[Barrington Womble]

i don't get this ..

from bbc ..

Dubai International Capital has pulled out of proposed takeover of Liverpool.

 

The announcement follows the failure of the club's board to formally accept DIC's bid in the wake of a second offer from American George Gillett.

 

DIC claimed the offer had been accepted in principle by majority shareholder David Moores but they were unable to make a formal offer to shareholders.

 

DIC chief executive Sameer Al Ansari said the group was disappointed but added: "We won't overpay for assets."

 

so who was putting the squeeze on, Granada?

[BRANDS]

you have the 7thrichest man in the world funding the dic or something and then you some chump from america allegedly financing us by debt - who you gonna pick ?

[RedKnight]

How many people are on this thread? Madness. We've fucked ourselves up by hanging around with Gillett. Sly Sports reckon there was a problem with our books.

[El Rojo]

Maybe the Gillett deal is now more attractive and there's no groundshare?

[Newport]

Well, at least it's not the first DIC to pull out before sealing the deal...

[Baldi]

I have a vision of a fat wheezy dog with a bone in his mouth looking at his reflection in a river......................

[WeAreTheBest]

i don't get this ..

from bbc ..

 

 

so who was putting the squeeze on, Granada?

 

More than likely. I know its supposedly all up to Moores but im not sure its that simple

[rondeco]

Un-fucking believable. I cant believe this. I really cant believe this. We really made a bollox of ourselves today. We looked the fucking gift horse in the mouth. Cunts. CUNTS>!!!!!!!!!!

[PaulMcC]

The Echo says Gillette has confirmed he doesn't want a groundshare

 

 

When did the Echo say this?

[Anubis]

It does seem as though Moores wasn't the person stalling. Reportedly the rest of the board couldn't decide.

[Newport]

Maybe the Gillette deal is now more attractive and there's no groundshare?

 

Gillett has denied the groundshare rumours according to liverpool.no.

[BRANDS]

Well, at least it's not the first DIC to pull out before sealing the deal...

 

 

theres a few fucking dics involved by the sound of things !

[WeAreTheBest]

The Dubai International Capital investment group have pulled out of a proposed takeover of Liverpool.

 

The group, owned by the Dubai government, had been examining the club's books with a view to a £156million buy-out.

 

And their decision to withdraw follows the failure of the Liverpool board to accept the offer last night, following a rival bid by American billionaire George Gillett.

 

A statement read: "Dubai International Capital LLC today announces that it has decided to end negotiations with Liverpool FC & Athletic Grounds plc about a possible investment in the club.

 

"Having completed due diligence, DIC submitted a comprehensive offer to the Liverpool board.

 

"The offer had been accepted in principle by majority shareholder David Moores. It appears that the Liverpool board and the majority shareholder David Moores were unable to approve these terms in order to allow DIC to make a formal offer to all shareholders."

 

The news prolongs Liverpool's long search for the outside investment they believe they need to compete at the top end of the Premiership and in Europe.

 

DIC had been their most likely suitor and entered into discussions with the club late last year.

 

The deal would have valued the club at £450million but the Dubai group have decided to withdraw following the board's decision to allow more time to consider the Gillett bid.

 

Gillett, owner of the Montreal Canadiens ice hockey team, has proposed a deal which is thought to offer shareholders more for their holdings.

 

Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC are a serious investor with considerable resources at our disposal.

 

"At the same time, we are supporters of the game and of the club. Liverpool's investment requirements have been well publicised and, after a huge amount of work, we proposed a deal that would provide the club with the funds it needs, both on and off the pitch.

 

"We were also prepared to offer shareholders a significant premium on the market price of the shares. However, we will not overpay for assets."

[Red Mist]

There goes our bottomless pit of cash, destroyer of our debt, builder of our new stadium etc. etc.

That fucking Moores will never give up the club, even if it means we'll never reach the top again.

[El Rojo]

Gillett has denied the groundshare rumours according to liverpool.no.

 

Which would tie in with the club cooling on DIC......or maybe not. It's all very confusing.

[tokyojoe]

It seems someone, or some people on the board have blown this. not Moores or Parry. It's not over yet though, there's more to this than meets the eye.

[Captain]

A lot of people making a lot of assumptions here.

[WeAreTheBest]

Sounds like Moores accepted it but other shareholders wouldnt. Maybe despite his 51% its not as simple as him saying yes and the deal is done?

[The Acolyte]

If this is all due to some greedy old cunt on the board wanting DIC to fund their next mansion I'm gonna go fucking mental!

Christ almighty, these guys seemed the most suited to our cause and these old bastards have gone and fucked it up!

[Brownie]

A lot of people making a lot of assumptions here.

 

Those statements are pretty cutting though aren't they?

 

We've made ourselves look like a bunch of amateurs.