Dubai International Capital (DIC)

[Rafa Shankly]

I would be surprised if DIC are THAT desperate to buy us.

thier obviously desperate(at the right price)otherwise they wouldnt be after us AGAIN,whether they get us in another thing.

[Section_31]

The longer this goes on the more my confidence in any deal occurring is waning. Parry and Moores have consistently fucked up but we're supposed to be buoyed by the news that they are doing the best they can to get Gillett and Hicks out?

 

Aye, the whole club has the air of 'fuck up' about it these days. LFC would be late for its own funeral.

[Carra_is_legend]

The longer this goes on the more my confidence in any deal occurring is waning. Parry and Moores have consistently fucked up but we're supposed to be buoyed by the news that they are doing the best they can to get Gillett and Hicks out?

 

Parry and Moores can do fuck all mate. They have fucked it up once. Full stop.

 

It looks as though there are two genuine possibilities here - Hicks buying out Gillett or DIC buying out Gillett. If the former happens, we are well and truly fucked. Re: the latter, looks a good option at the moment but time will tell.

 

I just can't see where Moores and Parry fit among all these. They can feed a few stories to Barrett and co in a hope that it will drive fans angry to stage a few demonstrations against the yanks, but thats about it. Going by Hicks' history, he doesn't give a toss about what fans think about him anyway.

[Owen]

or both?

 

 

Awesome. I haven't seen that for so long. Might have to go find it this weekend.

[Guest Kenny]

Ive got a nasty feeling Hicks will buy out GG, taking full control

[km9]

Posted on RAOTL,

 

"Hicks is digging in in the hope he can squeeze more money out of DIC. Meanwhile he'll be hoping the DIC news will bring a 'feel good' factor to affairs, allowing him time to squirm back into our good books prior to coming over for the Inter game. (Yes, he intends to)

 

DO NOT LET THIS LYING BASTARD OFF THE HOOK!"

 

RAOTL.co.uk forum • View topic - *** Gillett sells to DIC ***

 

DIC will be making sure Rafa gets substantial funds in the summer.

[hamstrung]

That post is suggesting Gillett has sold out!

[Guest Kenny]

I emailed Bascombe this weekend for a update, he replied saying good news might be imminent

[danielo]

....in a matter of days of course!

[EmilHamilton]

Hicks and the Arabs together. Wow. Don't wanna get my hopes up until it's official.

[sinbad]

Kop Yanks to be run out of town next month

EXCLUSIVE

By Martin Lipton Chief Football Writer 14/02/2008

 

 

Liverpool are poised to change hands again - by the middle of next month - as the club's US owners close in on a double-your-money offer from Dubai.

 

Despite denials from Tom Hicks and George Gillett, Mirror Sport understands that an outline agreement to transfer ownership of the Anfield giants to Dubai International Capital is in the pipeline.

 

Sources in New York have confirmed that a £460million deal with DIC - the Dubai government's financial arm and headed by Sheikh Mohammed Bin Rashid Al Maktoum - is now on the verge of conclusion. Anfield fans will rejoice at the news that the two Americans' ill-starred reign is ending after a series of protests in recent weeks over their treatment of boss Rafa Benitez.

 

Supporters have demanded a sale to DIC, who were jilted at the end of 2006 when the Liverpool board wrongly believed the deal with the Americans would safeguard the interests of the club. Hicks is expected to stay as part of the new club directorate in the immediate aftermath of the sale.

 

 

The effective sale price is nowhere near the ambitious £1billion valuation Mirror Sport exclusively revealed was put on the club by Hicks in November. He and Gillett paid just £219m to take control of Liverpool from David Moores a year ago.

 

One insider said: "These talks are still ongoing. Tom and George want to make sure they get the right price for giving up the club."

 

Despite leaving Liverpool with a £350m debt, they will be able to walk away having made a substantial profit.

[CrouchieBoy]

sounds wonderful, but i will take it with the appropriate grain of salt

[Ian Sea]

Kop Yanks to be run out of town next month

EXCLUSIVE

By Martin Lipton Chief Football Writer 14/02/2008

 

 

Liverpool are poised to change hands again - by the middle of next month - as the club's US owners close in on a double-your-money offer from Dubai.

 

Despite denials from Tom Hicks and George Gillett, Mirror Sport understands that an outline agreement to transfer ownership of the Anfield giants to Dubai International Capital is in the pipeline.

 

Sources in New York have confirmed that a £460million deal with DIC - the Dubai government's financial arm and headed by Sheikh Mohammed Bin Rashid Al Maktoum - is now on the verge of conclusion. Anfield fans will rejoice at the news that the two Americans' ill-starred reign is ending after a series of protests in recent weeks over their treatment of boss Rafa Benitez.

 

Supporters have demanded a sale to DIC, who were jilted at the end of 2006 when the Liverpool board wrongly believed the deal with the Americans would safeguard the interests of the club. Hicks is expected to stay as part of the new club directorate in the immediate aftermath of the sale.

 

 

The effective sale price is nowhere near the ambitious £1billion valuation Mirror Sport exclusively revealed was put on the club by Hicks in November. He and Gillett paid just £219m to take control of Liverpool from David Moores a year ago.

 

One insider said: "These talks are still ongoing. Tom and George want to make sure they get the right price for giving up the club."

 

Despite leaving Liverpool with a £350m debt, they will be able to walk away having made a substantial profit.

 

Fucking wonderful.

[Sangria]

This saga has been going twisting and turning so much that I am wore out with it all, it has just fucked up my emotions too much.

Until I see it from a reputable source I will not believe it.

[hamstrung]

Weird things in that article which lead me to not take it too seriously.

 

£460M for one

 

And Hicks staying on for another.

[WaltonRed]

At least its news. Things are still progressing obviously.

 

Keep them crossed boys.

[OnizukaEikichi]

Liverpool to change hands again as American owners cash in - Mirror.co.uk

 

its about time...

[theRedHorse]

Liverpool to change hands again as American owners cash in - Mirror.co.uk

 

its about time...

 

Thats the problem- its not... yet

[Carra_is_legend]

Weird things in that article which lead me to not take it too seriously.

 

£460M for one

 

And Hicks staying on for another.

 

While I'm too surprised at the £460m mark, I don't think it is over the top.

 

Glazer paid nearly £800m for Utd. If you include our stadium cost of £300m and add that to £460m, LFC's valuation is similar to Utd's.

[coop]

Hicks wanted to have some sort of sponsorship deal after sale of the club according to some people (i think it was Tom R) so this way he keeps involved.

[Eldrich]

Hicks wanted to have some sort of sponsorship deal after sale of the club according to some people (i think it was Tom R) so this way he keeps involved.

 

 

Oh great. The Kop renamed as the Weetabix Family Stand.

[Rashid]

£460M is a bargain for us and will look it in 5 years time. I think DIC will pay it too now it's becoming a personal thing for the Sheikh.

[navbasi]

£460M is a bargain for us and will look it in 5 years time. I think DIC will pay it too now it's becoming a personal thing for the Sheikh.

 

If £460m is a bargain, what was the orginal price of £220m (which they refused to pay)???

[Rashid]

If £460m is a bargain, what was the orginal price of £220m (which they refused to pay)???

 

I am not sure they refused to pay, I think they got a bit arrogant and thought they wouldn't let someone like Moores piss them about.

[aws]

If it is valued at £460m then the £350m financing will be knocked off the price which means they'll walk off with "only" £100m or so profit.