D.I.C - TAKEOVER OFFER WITHIN WEEKS.

Hello,

The Dubai group were not best pleased when they were 'stabbed in the back' by Rick Parry back in December 2006.

During December 2006, D.I.C thought they had secured Liverpool, but due to 'mystery' leaks coming out from the Dubai Group, documents were gifted to Rick Parry, that he in turn gave to George Gillett. That enabled Gillett to form his speedy relationship with Tom Hicks.

Once they knew what D.I.C's final offer would be & when it was to be submitted, all they had to do was wait for D.I.C to make that final offer - then make there move.

I know from taking with my source that Tom Hicks is seen as the mover & shaker out of the pair.

George Gillett is a known - but if Tom Hicks is *issed - everyone knows quickly.

As I said in a different thread, there has been a power struggle going on at Anfield - kinda like a triangle - Gillett & Hicks - Hicks & Benitez.

Things at the moment are strained, but at a stalemate.

But taking all the unrest out of the equation, it is known that the American pair are facing serious difficulty in re-financing there original loan.

Liverpool FC was paid for exclusively by The Royal Bank of Scotland.

Hicks & Gillett have not put 1 cent of there own money into the “Liverpool Project’.

Credit crunch - my *rse.

If they are businessmen worth there salts - they will have known problems were on the horizon.

The problem for the pair is they borrowed 220 million originally & in the following months that debt climbed to over 350 million.

Wigs within Anfield are aware, as it has been made known to certain individuals within the club –

D.I.C are ready to make a 500+ million pound hostile take over.

When I say hostile as I did so before on a different thread, it was picked up by someone.

Let me clarify what I meant.

D.I.C are not in an every day scenario now – they know that money is a big problem for the Americans & they will do exactly to the Americans as they did to D.I.C.

They know they only have to bide there time – which is soon to be here.

The Royal Bank of Scotland have told Hicks & Gillett – in order to get there loan re-financed, they have to put up a minimum of 20 million each, from there own personal fortunes.

Gillett is prepared as it seems he does have a love for the club (well more than just money) but Hicks is not willing to play ball.

Even if he does agree, Hicks is too shrewd not to know that this ‘Project’ is going to make massive inroads in to his own personal fortune – which he is not prepared to do.

Opinions shared within Liverpool, are that Hicks will agree to the re-financing terms, but if as expected D.I.C come in with a bid that see Hicks make a profit – however small – he will say thank you, then cut & run.

Gillett will be forced to take the same route if Hicks withdraws.

D.I.C are said to be offering the pair 50+ million each profit.

D.I.C have made it known to Hicks & Gillett, they are prepared to discuss takeover talks & the amounts involved & it’s just a matter of time before they take place.

The majority of the money men in the city share the opinion that Hicks & Gillett won’t even make the revised deal that’s on offer from The Royal Bank of Scotland & again D.I.C would jump in.

D.I.C have already held talks with The Royal Bank of Scotland & are understood to have come to an agreement on how the deal with the bank would go through, if the Americans fail to re-negotiate the current deal.

Sheikh Mohammed bin Rashid Al Maktoum has agreed that Sameer Al Ansari, a self confessed Liverpool fan can move when he feels the time is right.

The moves are ready to be played out & it looks very much like Liverpool FC is going to be owned by two owners within a very short space of time.

Ansari has made it clear D.I.C will invest massively in Liverpool, with the new stadium & new players being top priority.

These men are obscenely rich & have equally wealthy backers in all four corners of there world.

Sheikh Mohammed bin Rashid Al Maktoum is the current Prime Minister of the United Arab Emirates, whilst also being the ruler of Dubai & he along with his friends want to put Liverpool at the top of world football.

I know most Chairmen say the same thing when they arrive, but these guys are different.

Is it purely for footballing reasons?

Or is it maybe to do with things that go a lot deeper than football – like politics.

Who knows – but they are serious & will not stop until they get what they want this time.

One thing is for sure - Rick Parry will be a distant memory by the time D.I.C bring over there people to watch the first game as owners of Liverpool football club.

More on this to follow – be sure of that.

Dmjn100

This is better than reading soap psychic Dmjn100
btw talk to Shlj and maybe you two could get better screen names

No kidding they are different from other rich guys. Not only footbal, but they dominate the horce racing world too. All a bit underhand in how the Americans eventually got control.

Beh, what a D.I.C

I heard today on the radio that the americans had agreed a deal with the bank to refinance there loan. Must admit though that i do hope everything you have said is true i think the current situation at Liverpool as become all abit farcacle

sounds good as long as the gaffer stays

I hope this is true, D.I.C are ridiculosly rich and they might actually spend some of their OWN money. My aunt used to work for Sheik Mohammed in Dubai, with the horses, it's amazing how big his empire is

Hello,

Well word is things are moving fast within Liverpool.

I have been up in Liverpool today & got back just a little while ago.

Speaking to my friend who I met with for over 2 hours, he says that Hicks & Gilletts plans have been thrown in to chaos due to the Liverpool board.

The board object to plans the Americans have regarding the re-financing of the loan they took out to purchase Liverpool.

Hicks & Gillett want to put the loan - 100% against the clubs assets - which the board are saying cannot happen & WILL NOT happen.

Honorary Life Vice Presidents at the club, along with Mr Moores have demanded the pair keep to the promise both made when they arrived at Liverpool.

Im told legal advice has already been taken - incase events force the board to act.

However, it is said the bank will not agree to the terms Tom Hicks proposed regarding the refinancing of the debt & a large part of that decision is due to certain Liverpool people making strenuous objections to the Royal Bank of Scotland.

The Bank, want to pair to inject millions from there personal wealth - something that Tom Hicks will not let happen.

Whats STUNNING to hear, is some on the Liverpool board have been informed that moves are already 'well underway regarding the SALE OF Liverpool to Dubai International Capital.

He said that news suggesting the American pair appear to have decided to sell up is rife within Anfield.

The Dubai International Capital group are determinded to get Liverpool & my friend says its 'old news' that D.I.C have already started the process of due diligence.

He said, things have been underway for sometime.

He said things got serious after Hicks & Gillett met with D.I.C wigs last November.

As I said before they tried to sell 15% of Liverpool to the D.I.C group for £150 million.

It was flatly turned down - but D.I.C are said to have told the American pair during those talks that they would be returning in the New Year to 'Complete the takeover'.

D.I.C have confirmed they remain interested in acquiring Liverpool, but on the news coming out from Anfield tonight that Hicks & Gillett have already agreed the sale to Dubai International Capital a Spokesperson said:

"Im sorry, but we can only say 'No Comment' at this stage"

This is a story that is going to run & run, so there will be more on this to follow in the coming days, that is for sure.

Dmjn100

dmjn do you think Benitez will still be in charge by time any takeover happens?

Denzil.

From what im hearing - Benitez is going nowhere anytime soon.

But as above, things are moving very quickly at the moment.

I think what Rafael Benitez will do - is sit tight & see what happens with D.I.C -

IF they dont come into Liverpool - he will leave in the summer - but I dont believe that will be the case.

Ansari has said on record he has massive respect for Benitez - so the omens with D.I.C & Benitez look good.

Thanks!

Plus this storys just broke in the Liverpool ECHO so lets hope everything works out for the best.g

Dubai to make Liverpool FC bid

Jan 17 2008 by Tony Barrett, Liverpool Echo

DUBAI International Capital is ready to make an offer for Tom Hicks’s stake in Liverpool FC.

The ECHO understands senior executives at the Dubai-based international investment company were given the go-ahead by Sheikh Mohammed Al Maktoum to launch a second bid to buy into Liverpool in a year.

An offer has been agreed in principle.

Co-owners Hicks and Gillett are edging closer to clinching a refinancing deal.

But DIC are hoping to make a move before any deal is completed.

Hicks and Gillet enjoyed a honeymoon period after their acquisition of the Reds.

But recent revelations they talked to Jurgen Klinsmann about the possibility of replacing the hugely popular Rafa Benitez as manager have led to them falling out of favour with the Liverpool fans.

While the financial restructuring deal, which would give them the necessary collateral to fund the building of the long-awaited new stadium, remains incomplete, DIC believe a window of opportunity still remains open to them.

Whether Hicks is willing to sell is another matter entirely.

The Dallas-based multi-millionaire is on record saying he is not interested in selling his stake, even though there are tensions between himself and Gillett about the proposed refinancing deal.

In a recent interview with the ECHO Hicks said: “I just want to clear up with you that I am not selling any of my shares to anybody.

“I have no idea why anyone would think that. It was just rubbish.”

But with Sheikh Mohammed, one of the world’s richest men, now back on the scene Hicks looks likely to face some tough decisions in the days to come.

On the one hand a deal with DIC could present him with a sizeable return on his initial investment and an opportunity to walk away from the dual problems of securing the necessary loans to service their own debt, fund the new stadium and winning the fans over all over again.

But, on the other, there may be a reluctance to part with an asset which he fought so hard to acquire, one which he firmly believes can pay dividends in the long term.

Hicks insists financial restructuring could be complete within days, and if he is proven right it will make an immediate offer from DIC less likely.

The American pair have six weeks to secure a £350m loan that would refinance their original purchase of the club.

Hicks recently told the ECHO he hopes a deal can be signed off with the Royal Bank of Scotland and the US investment bank Wachovia by the middle of next week.

If, as expected, DIC follow up their interest with a firm bid the ownership of Liverpool FC could change for the second time in a year.

Club officials said today: “We do not comment on speculation.”

Last I heard is that D.I.C. contacted Rafa and said they would make a bid in the summer for the club. If all goes well and they take control of the club, they will give Rafa 100 million to spend on transfers.

Just had this sent to me by my cousin in Liverpool....................

A massive press conference is being planned at Anfield as we speak. The club has been sold to DIC for 375 million pounds that will give the current owners $710 million – a $70 million profit. Al Ansari, CEO of DIC has completed his due diligence process.

The players and staff were made aware of this prior to the Luton game. Rafa’s job is safe but he has to bring in an assistant, this will be Gary McAllister.
Rick Parry who offended members of DIC last year, will ’step down’ and the new owners will bring in David Dein as a replacement.

No more money will be available for transfer’s in the January window as the current owners will not sanction any deals, unless players are sold.
The summer will see massive player investment from DIC, believed to be in the region of £85 million + whatever is made from player sales. This could see a transfer budget of around £115 million.

I hope this is true, but i doubt it, I really can't see David Dein coming in.

*************************

The are some bits of that, that are true - some of it - tosh.

But there is no press conference just yet.

DIC will present the bid in February.

David Dein - no way.

Money for transfers?

Yes there is.

Dmjn100

From the BBC website.


Liverpool braced for takeover bid

By Phil McNulty

Chief football writer


Dubai International Capital - the investment arm of the Dubai Government - is ready to table a new £350m bid to buy Liverpool Football Club.

BBC Sport understands DIC has drawn up plans to take control from American duo George Gillett and Tom Hicks.

But the deal is subject to conditions which Gillett and Hicks are currently unwilling to meet.

DIC was originally thought to be ready to make an offer for Hicks' 50% share, but now favours a total buy-out.

DIC was close to buying the club in January 2007, but pulled out when Liverpool refused to agree to a deadline on the deal and moved into advanced negotiations with Hicks and Gillett.

The interest has now been seriously revived, but DIC is insistent it will not pay over the odds to buy the club, and until Gillett and Hicks agree to certain terms contained within the deal, an impasse has been reached.

DIC has put together a package of around £350m to put to Gillett and Hicks, which also includes taking on the debts incurred by the pair when they took control in March last year.

Gillett and Hicks' reign has caused turmoil on and off the pitch at Liverpool, and DIC has always maintained a close eye on Liverpool's situation, despite the collapse of the previous deal.

The Americans are currently attempting to finalise terms on a £350m loan that would enable them to repay money borrowed for their £218.9m takeover, repay loans used to sign players, and enable them to start work on a re-scaled plan for a new stadium in Stanley Park.

DIC hopes the offer would present the American duo with a get-out clause before they take out the massive loan.

Hicks, in particular, is under pressure after being subjected to heavy criticism from fans following public disagreements with popular manager Rafael Benitez.

He has also come under fire for his admission that talks had been held with Jurgen Klinsmann about possibly succeeding the Spaniard.

Liverpool fans will turn up the heat on Gillett and Hicks with an orchestrated protest at Monday night's game against Aston Villa.

Website Reclaim The Kop issued a statement claiming they were "not fit to be associated with our club" and banners criticising the Americans and calling on DIC to launch a bid were held aloft on The Kop during the FA Cup win against Luton.

Liverpool supporters are also concerned at how much of the £350m loan will be shifted on to the club's books - with crippling interest payments.

They will also have to fund the £300m stadium plan, with a decision expected soon after two new designs were studied by Gillett and Hicks, along with chief executive Rick Parry, in New York earlier this month.

A spokeman for the Americans said on Thursday: "Any suggestion Hicks and Gillett are contemplating a sale of the club or any portion of it is categorically untrue."

DIC backed away from a £150m price tag for a 15% stake in Liverpool last October, but the financial uncertainty surrounding the club has increased and there is hope a new offer will prove more tempting.

The News of the World says Liverpool will be bought for £350million by Dubai International Capital to end the club's American nightmare.

The Arabs are likely to make their move as early as the end of the week to oust owners Tom Hicks and George Gillett.

The Americans, who have had a tempestuous relationship with manager Rafa Benitez, controversially want to dump their debt on Anfield as they seek to re-finance to the tune of £350m. DIC had been negotiating with Gillett in a bid to oust Hicks but now they are determined to buy out BOTH Americans.

An Anfield source said: "In a strange way DIC may think it's worth waiting for the Americans' to refinance because it will lessen the value of the club because of the level of debt.

"But the best thing that can happen is for the pair of them to get out now. It's clear the old board has made a huge mistake selling to these two."

David Dein would be a sound, sound decision for Liverpool. In terms of financial negotiations he is 2nd to none

Well the rumour is that D.I.C have already bid for Liverpool & a sale could go ahead within a matter of days'.

I have just got of the phone with my friend & he says things are definately moving with regards to DIC's bid.

He also said Rafael Benitez has had a spring in his step in the last 48 hours.

Does he know something we dont ????

Also - as for David Dein coming in - I very seriously doubt that.


Duncan Castles and Paul Wilson

Sunday January 20, 2008

The Observer


Liverpool's owners face a decision this week over their continued presence at Anfield. Observer Sport understands that Tom Hicks and George Gillett Jr have now received a formal offer of about £500million for their shares in the club.
The offer - which would allow the Americans to pay off the borrowing with which they purchased Liverpool last February and to net personal profits of £75m each - has been lodged by Dubai International Capital, an Arab investment group that has long targeted Liverpool.

The takeover bid arrives at a particularly difficult moment for Hicks and Gillett, who have drawn the ire of Liverpool supporters for entering into a public dispute with Rafa Benítez over transfer funding and Hicks' admission that they talked to Jürgen Klinsmann about replacing the manager. A sizeable contingent of supporters has called for the Americans to leave the club, with a further protest arranged for tomorrow's meeting with Aston Villa.

While the manager spent much of a press conference fending off questions about anything other than football, he reiterated his belief that he will stay at the club. 'I have a lot of confidence in the future and that I will be involved in it,' Benítez said. 'The most important thing here is the club and the players know that. The key is to keep winning, then everyone is happy.' But the prospects of both the Spaniard and his American employers remain in doubt.

Hicks and Gillett have encountered problems refinancing the £350m of debt they incurred in taking over the club, a loan that is due to expire at the end of next month. In an attempt to generate additional funds for the development of a new stadium, the pair have sought to transfer borrowings for which they are personally responsible on to the club.

While the Royal Bank of Scotland has indicated that it expects the refinancing deal to be concluded this week, senior club figures are concerned about the implications of a new loan. According to City sources, the arrangement fee could be as high as £40m, with annual interest payments of up to £30m depending on the percentage of personal equity injected into the deal by the Americans.

Hicks and Gillett are understood to be in disagreement over the best way to progress. Hicks, the wealthier of the two, has consistently stated that their shares are not for sale and expressed confidence that the refinancing package would be successfully concluded. Gillett has remained in the background, but is thought to be receptive to DIC's offer. A spokesman for Hicks said: 'Any suggestion Hicks and Gillett are contemplating a sale of the club or any portion of it is categorically untrue.'

While DIC sources say it is 'too close to call' whether their current bid will be accepted, the group believes the Americans will sell eventually and DIC will continue to pursue their interest in the club even if the refinancing package is approved.

DIC is ultimately controlled by Mohammed bin Rashid Al Maktoum, who has an estimated wealth of £7billion. Chief executive Sameer Al Ansari is a Liverpool fan. If successful, the group would invest heavily in the team and infrastructure, constructing the stadium required to achieve levels of match-day income comparable with Arsenal and Manchester United.

Hicks and Gillett purchased Liverpool for £174.1m, also taking on outstanding debts of £44.8m. The entire sum and subsequent spending was funded with borrowed monies and they are yet to invest any of their own capital in the club.