could there yet be a twist?

[Herbie von Smalls]

mihir bose seems to think so

 

Although the question of who will be the next owner of Liverpool football club is still to be answered. It is understood that George Gillett, the American who owns the NHL ice hockey team the Montreal Canadians, has not given up hope of taking control of the Merseyside club.

 

Last Friday, David Moores, chairman of Liverpool, indicated that he would sell the club to Dubai International Capital group (DIC), the investment company owned by Crown Prince Sheik Mohammed bin Rashid Al Maktoum.

 

Moores' reason for preferring the Middle Eastern option rather than the American, was that he felt DIC would have deeper pockets and offer Liverpool the resources to match Roman Abramovich's Chelsea.

 

It is understood that there is virtually no price differential between the two bidders, both valuing the shares of Liverpool Football Club at around £160 million, willing to cover debts which are around £50 million and invest another £250 million in the new stadium that the club is building and for which money is desperately required. In addition, there would be some money for investment in players making a total of around £450 million.

 

advertisement

However, despite the riches of Al-Maktoum, the Dubai company is in the habit of investing in assets and then selling them on, usually at a profit. DIC's chief executive, Sameer al-Ansari, despite being a Liverpool fan, is unlikely to be another Abramovich.

 

Gillett, having been alerted to the riches of the Premiership by fellow Americans Malcolm Glazer and Randy Lerner, who bought Manchester United and Aston Villa respectively, will argue that he has the experience of making sporting investments and running clubs.

 

At the moment DIC are in no position to complete the takeover of Liverpool, who have been seeking a buyer for more than two years. In the meantime, Gillett is determined not to give up and the next few days could see a scramble to win over Moores. The Liverpool chairman has said DIC is his preferred buyer, but Gillett is still in the hunt.

 

http://www.telegraph.co.uk/sport/main.jhtm...08/sfnliv08.xml

 

anyone else think gillett may have bose in his pocket?

[DazzlaJ]

Could be a close shave

[fyds]

Why do they say:

'At the moment DIC are in no position to complete the takeover of Liverpool, who have been seeking a buyer for more than two years.'

when it seems obvious they are in prime position to do so with some already saying it's pretty much done and dusted? 'Dealing exclusively with DIC' was the term Moores used.

 

Further - several people have said Moores and Parry's biggest objection to Gillett was his interest is a shared stadium - which would make him a non-starter in theirs and the fans eyes.

 

An article of supposition and casual assumptions.

[R A Softlad]

anyone else think gillett may have bose in his pocket?

 

Didn't think Bose made MP3 players...

[anfield11]

Why do they say:

'At the moment DIC are in no position to complete the takeover of Liverpool, who have been seeking a buyer for more than two years.'

when it seems obvious they are in prime position to do so with some already saying it's pretty much done and dusted? 'Dealing exclusively with DIC' was the term Moores used.

 

Further - several people have said Moores and Parry's biggest objection to Gillett was his interest is a shared stadium - which would make him a non-starter in theirs and the fans eyes.

 

An article of supposition and casual assumptions.

 

 

I think that is being extremely kind to Bose....more an article of utter crap. How can he possibly state "At the moment DIC are in no position to complete the takeover of Liverpool"?

[fyds]

Well, when you put it like that...yep!

[Andythered]

Another good one:

 

"willing to cover debts which are around £50 million "

 

Wasn't he saying £80 million last week?

[Rimbeux]

Another good one:

 

"willing to cover debts which are around £50 million "

 

Wasn't he saying £80 million last week?

 

 

I think he's had a few corrective messages on that front and now he's just blatantly s*** stirring with idle speculation

[Serko]

Usuually once it gets to the due diligence stage there's a penalty if either party break the deal.

[Falconhoof]

However, despite the riches of Al-Maktoum, the Dubai company is in the habit of investing in assets and then selling them on, usually at a profit. DIC's chief executive, Sameer al-Ansari, despite being a Liverpool fan, is unlikely to be another Abramovich

 

DIC has been operating since 2004, its investments are all in the public domain, none have been sold on.

[Kahnee]

Moores' reason for preferring the Middle Eastern option rather than the American, was that he felt DIC would have deeper pockets and offer Liverpool the resources to match Roman Abramovich's Chelsea.

 

That despite Parry stating publicly that it was DIC's appreciation and respect of the club's heritage...

 

However, despite the riches of Al-Maktoum, the Dubai company is in the habit of investing in assets and then selling them on, usually at a profit. DIC's chief executive, Sameer al-Ansari, despite being a Liverpool fan, is unlikely to be another Abramovich.

 

Er, no they're not - and no one has said he would be. Quite the opposite in fact.

[Captain Carrot]

Didn't Bascome mention that the reason Parry and Moores did not pursue the Gillett option is that he wanted to reopen talks on a shared stadium. Bose piece emphasises the money but ignores other factors which Bascome has highlighted.

[Herbie von Smalls]

That despite Parry stating publicly that it was DIC's appreciation and respect of the club's heritage...

 

hate to break it to you kahnee, but what people say in private and what they say in public are often poles apart

 

 

 

 

 

 

not that i believe this is the case in this instance

[Knoxy]

I look forward to next week's article, when our debts will reduce to £20M

 

The bloke's a cretin

[Boca]

Bose isn't the smartest when it comes to maths either.

 

It is understood that there is virtually no price differential between the two bidders, both valuing the shares of Liverpool Football Club at around £160 million, willing to cover debts which are around £50 million and invest another £250 million in the new stadium that the club is building and for which money is desperately required. In addition, there would be some money for investment in players making a total of around £450 million.

 

£160m for the shares

£50m to clear the debt

£250m for the stadium

 

That's £460m before the investor starts buying new players.

[jon_hall]

Another good one:

 

"willing to cover debts which are around £50 million "

 

Wasn't he saying £80 million last week?

 

Aye but to compensate i think he's raised the stadium cost from £200 mill to the new figure.

 

The bloke is a complete knob.

[Phil236849]

I look forward to next week's article, when our debts will reduce to £20M

 

The bloke's a cretin

 

 

bose seems to report his guesswork as exclusive facts

 

like us reporting 'exclusively' rafa has decided on a versatile right wing, a goalscorer and young cm/cbs as his priorities, and has directed the board that the his wishlist is in the following order: right wing - alves, SWP, goalscorer - david villa, and scouring the globe for alternatives, whilst he likes the look of giles barnes and matthew upson as squad players who will fill holes in the spine of the team when there are injuries. intensive work is being conducted to see what deals can be achieved in january, and which ones will need to go through in the summer, but anfield sources are confident that there will not be financing problems, as they are very optimistic significant investment will be achieved very soon.

 

i am mihir bose.

[Ripley]

Bose is a very poor journalist, who mysteriously has recently been appointed Sports Editor at the BBC.

 

He has an illogical dislike of all things Liverpool. Only a couple of weeks ago, he managed a snide reference to the club in his piece on the West ham takeover - Liverpool struggling to find investment for 3 years, West Ham can find it weeks , sort of thing.

 

As they say, see Privates Eyes passim for the goods on Bose.

[Tosh]

Great news folks

 

Moores and Parry have dropped our debts by £30million in a week

 

KEEP MOORES and PARRY!

[Poolfrog]

Another good one:

 

"willing to cover debts which are around £50 million "

 

Wasn't he saying £80 million last week?

He also says that they'll give £160m for the club's shares, but the only ones available are Moores' 51%

[matty]

Bose is a very poor journalist, who mysteriously has recently been appointed Sports Editor at the BBC.

 

He has an illogical dislike of all things Liverpool. Only a couple of weeks ago, he managed a snide reference to the club in his piece on the West ham takeover - Liverpool struggling to find investment for 3 years, West Ham can find it weeks , sort of thing.

 

As they say, see Privates Eyes passim for the goods on Bose.

 

After his many years writing for the World's Most Boring Newspaper I'm not surprised his brain's addled.

[Tim]

Great news folks

 

Moores and Parry have dropped our debts by £30million in a week

 

KEEP MOORES and PARRY!

 

 

Just think, by mid january we'll have enough cash for the new stadium

 

Must have been looking down the back of the sofa again.

 

Seriously though, in last few weeks I have emailed both the independent and telegraph sports editors about their reporting of our debt position, not had a reply off them, but if it has had an effect it can only be good, although it's still showing an incorrect value.

Edited December 8, 2006 by Tim

[fyds]

It's stunning Tim - the Annual report is there for them to download on the offish. You'd think being footy journos (supposedly) they'ed be first in the queue trhe day it comes out - basic research etc.

[honourablegeorge]

Then again, look at the likes of Sky commentators - Chris Kamara's amazement a while back when Agger "came out for the second half with a bandaged hand".

 

Most of these f*****s do NOTHING all day.

 

God knows, they probably spend their time pissing about on internet chatrooms or something. Imagine.

[fyds]

Kris Kamara - a legend in his own lunchtime. It's a while since I used such terminology - about 35 years in fact, but that man is a total biff.