Of course they are using loans, everyone acknowledges that, but they don't rely financially on the cut throat market of Investment Banking (unlike Hicks). They borrow from their own funds (at a lower rate of interest), not from a bank.
With Hicks/Gillett we'll be mortgaged up to the eyeballs to the banks (at a higher rate of interest) who are already as jittery as hell over the current state of global finances.
It's just Fiscal Basics here 4pool....
Oh, I understand all that. But it is a lot of assumptions.
The first question to answer is why were DIC shopping around in London for investors when they first approached the club? If they have ALL that money, their own banks, etc....why look for further investors if they
themselves wanted LFC?
Which brings us to the current situation..if DIC are that interested, why not make an offer worthwhile to get the club away from G&H? Surely they know the financial package G&H are now involved in. Surely they have ALL their resources to pry the club from G&H. They are way more wealthy than G&H combined. But still they dither.
I think they aren't dithering at all. I don't think they will make an offer or have made an offer. I think the media are wishing/hoping/speculating on DIC and DIC really has little interest in wanting to buy LFC at what G&H value the club. And G&H value the club at a high rate because they know, as do DIC, what the potential is for the club especially when the new stadium is built. G&H also, like DIC, understand you need to win to keep things rolling along.
But only time will tell.
In the mean time we all need to support Rafa and the team. Let the rest sort itself out. If DIC want in then they know what they need to do.
