Gillett and Hicks (ownership saga)

[L19red]

Thats from January and i would be surprised if anyone was willing to pay £500 million when the refinance date is getting closer.

 

rats, foiled again.

[sir roger]

Anybody willing to pay £600m want their bumps feeling.

[Guest Ulysses Everett McGill]

Why do you view it as in their interests for the world to know Hicks is struggling? Surely it's the last thing you want your business rivals/potential investors to know?

 

 

OR

 

You use the alleged Kuwaiti interest as a device to try and draw out other potential investors whilst also setting a price range at which you will be willing to deal

[Guest Ulysses Everett McGill]

Revised bollocks on the back of Hicks' debt issues in the US. Now that Oliver Kay is on the bandwagon we can put it to bed once and for all. The man is constantly wronger than Mad Jack Mc Wrong.

 

Well Einstein

 

Not only is it an old article

 

If Oli is always so wrong, how come it was he who had the news about the Kuwaiti's last year, 3-4 months before anyone else had a sniff?

[JohnnyH]

Always found Oli Kay to be usually there or thereabouts with his info. I usually only hold credence in what is written by Kay, Reide at the mirror, TB at the Echo and Bascombe.

[Bobby Chariot]

Well Einstein

 

Not only is it an old article

 

If Oli is always so wrong, how come it was he who had the news about the Kuwaiti's last year, 3-4 months before anyone else had a sniff?

 

Why, have they bought us?

[Chinandeler Bong]

Same story from Oliver Kay in the Times

 

Kuwaitis line up £500m bid for Liverpool | Liverpool - Times Online

 

Kuwaitis line up £500m bid for Liverpool

Tom Hicks and George Gillett Jr, Liverpool's American owners, have been looking for a buyer for much of the past 12 months

 

Oliver Kay, Football Correspondent

One of the Middle East’s richest families is in negotiations to buy Liverpool as the Arab invasion of the Barclays Premier League continues. It emerged last night that the Al-Kharafi family, of Kuwait, are planning a bid to buy the Merseyside club for £500 million as Tom Hicks and George Gillett Jr prepare to sell up.

 

Hicks and Gillett, the club’s American owners, maintain publicly that they have no plans to sell Liverpool, but they have been actively searching for a buyer for several months, with an asking price of £600 million. Gillett is expected to be the first to depart, but Hicks is also increasingly open to a sale, having authorised Ian Ayre and Phillip Nash, the club’s commercial director and finance director respectively, to hold talks with the Al-Kharafi family this week.

 

Initially, the talks focused on investment in the club’s proposed new stadium in Stanley Park, but a full-scale takeover is now the subject of serious discussions. It also emerged last night that an Arab tycoon behind the takeover of Manchester City is working with a group of German investors on a possible bid for Chelsea.

 

The Times revealed in November that a group from Kuwait had expressed interest in buying Liverpool and that an Arab group, having inspected the company’s accounts, had made a firm offer for the club, only to withdraw from the deal without explanation. It has emerged that this was the Al-Kharafi family, whose wealth is estimated at £8 billion. The family subsequently registered an interest in buying Newcastle United but have now their sights set firmly on Liverpool.

 

The Al-Kharafi family are led by two brothers, Nasser and Jassem, but the planned purchase of Liverpool is likely to be a project overseen by one of their sons. The family made their fortune from a variety of enterprises, including construction, banking, engineering, telecommunications and fast food. Nasser is a highly successful businessman who runs M. A. Kharafi & Sons, which oversees the family’s interests, while Jassem is an influential politician who has served for the past nine years as the speaker in the Kuwait National Assembly.

 

The family’s plans for Liverpool are not known, but their interest is likely to be encouraged by the club’s supporters, who are hostile to Hicks and Gillett. The pair made heartening noises when they bought the club for £218.9 million in February 2007, but their regime has caused chaos behind the scenes, reflected by the failure to begin building work on a new stadium and by fractious relationships with each other and with Rafael Benítez, whose future as manager is in jeopardy as his contract dispute continues.

Peter Kenyon, the Chelsea chief executive, has been eager to emphasise Roman Abramovich’s long-term commitment to the club, but that has not stopped Dr Sulaiman al-Fahim, who led the Abu Dhabi United Group’s purchase of Manchester City in September, drawing up a takeover proposal with Falcon Equity, a Swiss-based private-equity partnership. It is understood that it has a number of German investors ready to fund any buyout.

 

I think that sentence tells us all we need to know about this article.

[Guest Ulysses Everett McGill]

Why, have they bought us?

 

Did he say they had?

 

Or that they were interested in the club?

 

Did it not emerge since then that they (The Kuwaitis) were within an hour of owning the club?

[Bobby Chariot]

He, like the rest, knows sweet FA. Why anyone still gives these journos any credit after the past two years of constant misinformation and false dawns is beyond me.

[JohnnyH]

He, like the rest, knows sweet FA. Why anyone still gives these journos any credit after the past two years of constant misinformation and false dawns is beyond me.

 

You sound like a lad who has been dumped by a few too many girls.

 

We know now as fact that we were within a few hours of been sold. Kay got that spot on. Further to that, not everything that's planned actually happens. If a journo says we are close to signing, say, Heinze, but then it falls through. That doesn't make it misinformation, it just means that the deal fell through.

[Guest Ulysses Everett McGill]

He, like the rest, knows sweet FA. Why anyone still gives these journos any credit after the past two years of constant misinformation and false dawns is beyond me.

 

You know this because?

 

Oh, you don't

 

Righty

[Guest Ulysses Everett McGill]

You sound like a lad who has been dumped by a few too many girls.

 

We know now as fact that we were within a few hours of been sold. Kay got that spot on. Further to that, not everything that's planned actually happens. If a journo says we are close to signing, say, Heinze, but then it falls through. That doesn't make it misinformation, it just means that the deal fell through.

 

Anyone would say his behaviour is very similar to that of a notorious bi-polar ex-poster with a liver problem

[1892-LFCWasBorn]

EXCLUSIVE: LIVERPOOL OWNERS READY TO SELL TO KUWAITIS

 

POSSIBLE NEW LIVERPOOL OWNER: Nasser Al Kharafi,

 

Sunday April 5,2009

By John Richardson

 

LIVERPOOL are edging closer to a £450 million Middle East take-over which would give manager Rafa Benitez more spending power in the transfer market.

 

Sunday Express Sport can reveal that negotiations between American co-owners Tom Hicks and George Gillett to sell all richest families are at an advanced stage.

 

It’s understood that despite denials, Nasser Al Kharafi, the 49th richest man in the world worth £9 billion is closing in on a deal to become the new owner of the club.

 

His nephew Rafed Al Kharafi, who has attended recent Liverpool games as a guest of the club, is confident of striking a deal in the coming weeks.

 

What has not been finalised is what percentage of the club the Kuwaitis will end up with.

 

While Gillett has given an indication that he will sell all of his holding for the right price, Hicks would like to still be involved and could end up with 25 per cent of the club.

 

The two Americans, who are facing a July deadline to refinance a £350million loan which secured their ownership of th club, now value Liverpool at £500m.

 

They know that without a huge cash injection the planned new stadium would have to remain on the back burner and manager Benitez would be restricted in the transfer market.

 

Looking on is Sheikh Mohammed bin Rashid Al Maktoum, a member of the Dubai ruling family who has been keen on purchasing Liverpool in the past.

 

Sunday Express | Sport | Football

[JohnnyH]

Anyone would say his behaviour is very similar to that of a notorious bi-polar ex-poster with a liver problem

 

Never. No one is sad enough to keep coming back over and over and over again.

[Bobby Chariot]

You know this because?

 

Oh, you don't

 

Righty

 

You know literally fuck all too, despite your smug arrogance and arse lickin of anyone with a press badge.

[JohnnyH]

Wow These newbies certainly get stuck in don't they!

[Guest Ulysses Everett McGill]

You know literally fuck all too, despite your smug arrogance and arse lickin of anyone with a press badge.

 

 

Yup

 

You've got me there

 

100% bang on the money

 

God I wish I was you

[Chinandeler Bong]

Bitch fest in here tonight aint it ?!

[Bobby Chariot]

Yep.

 

<Posts cryptic drivel to make myself look important and 'in the know'>

[Guest Ulysses Everett McGill]

Bitch fest in here tonight aint it ?!

 

 

Nah

 

Momo's imploded again

 

Just step back and enjoy

[Red Nick]

Yep.

 

<Posts cryptic drivel to make myself look important and 'in the know'>

 

Well just look at his username

[zigackly]

Wow These newbies certainly get stuck in don't they!

 

Momo isn't exactly new.

[JohnnyH]

I know.

[Lupin]

EXCLUSIVE: LIVERPOOL OWNERS READY TO SELL TO KUWAITIS

 

POSSIBLE NEW LIVERPOOL OWNER: Nasser Al Kharafi,

 

Sunday April 5,2009

By John Richardson Have your say(0)

 

LIVERPOOL are edging closer to a £450 million Middle East take-over which would give manager Rafa Benitez more spending power in the transfer market.

 

Sunday Express Sport can reveal that negotiations between American co-owners Tom Hicks and George Gillett to sell all richest families are at an advanced stage.

 

It’s understood that despite denials, Nasser Al Kharafi, the 49th richest man in the world worth £9 billion is closing in on a deal to become the new owner of the club.

 

His nephew Rafed Al Kharafi, who has attended recent Liverpool games as a guest of the club, is confident of striking a deal in the coming weeks.

 

What has not been finalised is what percentage of the club the Kuwaitis will end up with.

 

While Gillett has given an indication that he will sell all of his holding for the right price, Hicks would like to still be involved and could end up with 25 per cent of the club.

 

The two Americans, who are facing a July deadline to refinance a £350million loan which secured their ownership of th club, now value Liverpool at £500m.

 

They know that without a huge cash injection the planned new stadium would have to remain on the back burner and manager Benitez would be restricted in the transfer market.

 

Looking on is Sheikh Mohammed bin Rashid Al Maktoum, a member of the Dubai ruling family who has been keen on purchasing Liverpool in the past.

 

I still wonder is this is where the meat is - I keep hearing bits about this is where the real money is coming from.

[The Acolyte]

OR

 

You use the alleged Kuwaiti interest as a device to try and draw out other potential investors whilst also setting a price range at which you will be willing to deal

 

Sorry but if the Yank Wanks have done that they are the dumbest rich people I've ever heard of.

If you've only had one decent bid and you need to sell you don't try to drum up trade by bandying their name around as thats bound to fuck them right off!