Author Topic: Hicks and Gillett set to sell quarter share of Liverpool  (Read 298263 times)

Offline theparrot

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2040 on: October 19, 2009, 10:12:42 AM »
Thanks fry. Can't find the original post over there. Just going to try to ascertain whether it was a wum poster or not. But in a rare spirit of middle-aged wisdom, I'll assume it is.

Here is the link and the first few posts of this guy. Talks a good game but I guess his true colours will gradually show if he continues to post:

http://forums.liverpoolfc.tv/showthread.php?t=134253

- Prince Alwaleed bin Talal Al Saud - More rumours
Prince Al-Waleed bin Talal bin Abdul Aziz Al Saud a member of the Saudi Royal Family, who has a net personal worth of $13.3 billion is in talks with representatives of both Gillett and Hicks to buy Liverpool Football Club outright.

Prince Faisal has been fronting the proposed takeover on behalf of Al-Waleed.

-Al-Waleed has had business dealings with George Bush in the past who is close to Tom Hicks, and has made a number of donations to the George Bush Scholarship Fund. It is my understanding that Bush has played a key part in bringing Al-Waleed and Hicks together.
           
-Pressure is mounting from the banks for Gillett and Hicks to concede their majority shareholding. Discussions have taken place with potential invstors for both owners to dillute 12.5% each of their shareholding, but Prince Alwaleed bin Talal has emerged as a candidate to launch a full takeover.

Prince Faisal has been acting on behalf of Prince Alwaleed bin Talal.

-It is my understanding that any takeover deal would be via the Kingdom Holding Company who are valued at $25 billion and whose portfolio includes Citigroup, the Plaza and Savoy Hotels, Apple, Motorola, Disney, Pepsi, Time Warner and News Corporation.

-Rick Parry has been involved in this potential deal early on acting on behalf of Gillett, but the initial contact is via Hicks' people.

-I couldn't give a Monkeys what others think. I have been given this information by a respected sports journalist in the Middle East and I will not pass on his name or the newspaper that he works for.

-   It is a FACT that both Rick Parry (acting on behalf of Gillett) and George Gillett have been in Saudi Arabia within the past 6 months with a view to finding investment for the club. If you think the sole purpose of Gillett's recent trip to Saudi Arabia was to discuss Sporting Academies then this would be very wrong. Hicks' people have also held talks with representatives of the Saudi Royal Family.

-  Hicks has had a number of dealings with the investment bank Citigroup whose largest individual shareholder is His Royal Highness Prince Alwaleed Bin Talal.

-Prince Faisal will not be investing in Liverpool FC, just as Suleiman Al Fahim did not do so at Manchester City. Sulemain fronted the takeover at Man City and Faisal is acting on behalf of His Royal Highness Prince Alwaleed Bin Talal.

-  I am 100% confident. My source lives and works in the Emirates and has very good contacts.

-        What is certain is that Hicks and Gillett desperately need outside investment and quick. Chris Bascombe's story in the NOTW has been dramatised, but is not too far short of the truth. Potential investors including Prince Alwaleed Bin Talal Alsaud are well aware that the owners are desperate, and as a result will sit tight and wait for the valuation of the club to drop.

-  Indeed there are. The Al-Kharafi family and Grandhi Mallikarjun Rao are also lurking in the background, and have been expressed an interest in the past in investing in LFC. Indeed the Al-Kharafi family were very close to buying the club last year before pulling the plug at the 11th hour.

Offline No666

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2041 on: October 19, 2009, 10:28:52 AM »
Quote
I have been given this information by a respected sports journalist in the Middle East

Join date August 2009 doesn't inspire confidence.

This particular bit of detail - the quote above - makes it sound incredible to me. What journalist would be sitting on this kind of information and happily mention it to a contact and spoil his own scoop?
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Offline AsianRed

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2042 on: October 19, 2009, 10:33:11 AM »
at the moment I am finding it difficult to see the wood from the trees. So much speculation, but with little or no substance.

I think it is fair to say, that from the posts on this topic, there is an air of desperation from us fans and something has to be done fast to right the wrongs we have had to endure over 2.5 years.

I do hope something is happening and all this speculation stops, but as at this time, I can see this going on and on, which is my worry as all of a sudden we are getting left behind where it matters most, on the pitch. I do get annoyed that our internal problems are constantly being played out in the media spotlight, but other teams in similar situations seem to have carried on in the shadows.

We are becoming a laughing stock with these guys in charge, but  they need to sort this mess out one way or the other and let us concentrate on what matters most to us, a successful winning team that will dominate for years to come. We are on the cusp of it, but we seem hell bent on self destructing.

Come on Reds, lets pull together for the good of the team. Forget G&H, they dont warrant our time or energies, but our team does!

YNWA
« Last Edit: October 19, 2009, 10:34:52 AM by AsianRed »
A lot of football success is in the mind.
You must believe you are the best and then make sure
that you are. In my time at Anfield we always said we had
the best two teams on Merseyside,
Liverpool and Liverpool reserves. - Shankly 1913 - 1981

Mr Suarez Is Not A Racist!

Offline fry

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2043 on: October 19, 2009, 10:33:29 AM »
Join date August 2009 doesn't inspire confidence.

This particular bit of detail - the quote above - makes it sound incredible to me. What journalist would be sitting on this kind of information and happily mention it to a contact and spoil his own scoop?

In England i would whole heartily agree with you, a scoop is the bread and butter.  Out in middle east perhaps they fear the royal smackdown.
Disclaimer: The above post may not be based on facts even if stated as fact.

Offline No666

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2044 on: October 19, 2009, 10:55:13 AM »
Fry, so you'd quietly sell the tip-off to a British paper, no?
And AsianRed, I fear Hicks and Gillett very much warrant our time and energies; if not there would be little need for SoS.
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Offline fry

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2045 on: October 19, 2009, 10:56:25 AM »
Fry, so you'd quietly sell the tip-off to a British paper, no?
And AsianRed, I fear Hicks and Gillett very much warrant our time and energies; if not there would be little need for SoS.
no need to put grease on the straw, was holding onto that ;)
Disclaimer: The above post may not be based on facts even if stated as fact.

Offline shelts

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2046 on: October 19, 2009, 11:12:16 AM »
Join date August 2009 doesn't inspire confidence.

This particular bit of detail - the quote above - makes it sound incredible to me. What journalist would be sitting on this kind of information and happily mention it to a contact and spoil his own scoop?

Everything he has posted is out there in the public domain anyway

Prince Alwaleed bin Talal Al Saud has been mentioned elsewhere as being behind Faisal, the guy has obviously done his homework but there is no doubt in my mind that his source is his over-fertile imagination
if this sale becomes official i'm gonna run into the canteen with my cock out
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Online MichaelO

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2047 on: October 19, 2009, 11:26:14 AM »
Everything he has posted is out there in the public domain anyway

Prince Alwaleed bin Talal Al Saud has been mentioned elsewhere as being behind Faisal, the guy has obviously done his homework but there is no doubt in my mind that his source is his over-fertile imagination

I think it was SMTM who mentioned him a few weeks ago.
“Above all, I would like to be remembered as a man who was selfless, who strove and worried so that others could share the glory, and who built up a family of people who could hold their heads up high and say, 'We're Liverpool'.”
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Offline AsianRed

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2048 on: October 19, 2009, 11:46:50 AM »
Fry, so you'd quietly sell the tip-off to a British paper, no?
And AsianRed, I fear Hicks and Gillett very much warrant our time and energies; if not there would be little need for SoS.

to be honest, I do not see what SOS are doing in this respect, and they seem to have gone very quiet. All I am saying is that we need to concentrate on the team and rafa and what ever happens in the boardroom will not be determined by SOS or us, but by the colour of money. We have no control of this, so all we can do is hope it happens soon.
A lot of football success is in the mind.
You must believe you are the best and then make sure
that you are. In my time at Anfield we always said we had
the best two teams on Merseyside,
Liverpool and Liverpool reserves. - Shankly 1913 - 1981

Mr Suarez Is Not A Racist!

Offline No666

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2049 on: October 19, 2009, 11:58:21 AM »
I think it was SMTM who mentioned him a few weeks ago.

You've been paying attention. To be honest, the polysyllabic names are running off my brain like water off TH's rhino hide.
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Offline RedJam70

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2050 on: October 19, 2009, 12:08:46 PM »
I think it was SMTM who mentioned him a few weeks ago.

Was it? I thought it was someone on here to be honest. Oh well. Agree with Shelts though, reckon this is just the poster connecting all the dots in his mind and giving his own speculation itk status.


Offline shelts

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2051 on: October 19, 2009, 12:27:32 PM »
I think it was SMTM who mentioned him a few weeks ago.
SMTM said someone was behind the bid but wouldn't reveal who it was - but I have seen the guy's name mentioned by others, just can't remember where!
if this sale becomes official i'm gonna run into the canteen with my cock out
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Offline MarkoPanadero

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2052 on: October 19, 2009, 01:35:36 PM »
to be honest, I do not see what SOS are doing in this respect, and they seem to have gone very quiet. All I am saying is that we need to concentrate on the team and rafa and what ever happens in the boardroom will not be determined by SOS or us, but by the colour of money. We have no control of this, so all we can do is hope it happens soon.

Around 3 weeks ago i stood outside melwood with other SOS members and I let Gillette know what we think of him, we then proceeded to chase him around Liverpool whilst continuing to let him know what we thought.

Could i ask where you were at that point?


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Offline shelts

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2053 on: October 19, 2009, 01:40:30 PM »
Could i ask where you were at that point?
I'd have thought his Username would have given a bit of a clue!
if this sale becomes official i'm gonna run into the canteen with my cock out
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Offline K1RKY

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2054 on: October 19, 2009, 01:41:12 PM »
Initially it was the fault of Moores and Parry that the Americans where here.

There can be no doubt about it, that OUR OWN fans are the reason whilst they're still here.

The only way that we will rid these Parasites from our Club, is for us to protest against these Lying Deceitful Pricks.
Protest has been done last season and has had very little effect!

Offline walshys_mullet

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2055 on: October 19, 2009, 01:46:25 PM »
Great peice from John Nic

Yanks Dishonour Legacy Of Shankly...
Posted 19/10/09 12:25EmailPrintSave

I feel really sorry for Liverpool. They're in a right old mess.

Liverpool FC is one of the world's greatest, most renowned sporting institutions and it is being run, quite disgracefully, to the verge of bankruptcy. This is a club that generated Ł159million of revenue last year but, according to news reports at the weekend, still had to assure the Premier League it was financially viable after KPMG's audit concluded it was concerned about its 'ability to continue as a growing concern'.

It managed to resist a Ł70million bid from Manchester City for Fernando Torres but only just. Next summer it will be the same situation again.

The pressure is really on. If the club doesn't make good progress in the Champions League or finishes outside the top four in the league, there is a real chance of Liverpool going into administration. They're fighting on the pitch not for mere success but for their very existence.

Tom Hicks and George Gillett are killing the club. Disgraceful.

Many like to laugh at the Scousers, the online paranoia and sensitivity of a few of their fans are legendary and, yes, they've had their fair share of hooliganism issues over the years - but the club and its followers don't deserve to be judged on its more extreme or daft elements any more than any other club.

I was privileged to be at Anfield on some of their legendary European nights in the late 70s and early 80s. They were the stuff of epic, skin-prickling legend; warm, happy, uplifting celebrations of football.

I treasure those nights seeing David Fairclough flying down the wing like liquid flame as Liverpool kicked into the Kop and simply would not be denied.

Until the blogosphere came along I never experienced anything to contradict the oft-spouted notion that many traditional Liverpool fans are amongst the more knowledgeable observers of football as well as some of the more passionate flame-carriers for the best traditions of the game. Their persistent boycotting of The Sun remains noble.

This entire heritage is being abused and we should all care. If asset-stripping, profit-hungry monsters like Hicks and Gillett are not stopped, one day they might come for your club, rip it off, feck it up and leave it bereft.

If ever a club was less suited to be an asset for capitalist greed-pigs to trade for profit, it was Liverpool.

If ever a club reflected what made football the biggest sport in the country, it was Liverpool with its ground set in the bosom of the labouring working class being led by a man-of-the-people idealist in Bill Shankly.

Shankly was an inspiring man, perfectly suited to the Mersey mindset. My mate Mikey, when presented with any problem in life still asks himself, what would Shankly do?

The procession of managers from Shanks to Paisley, Fagan and Dalglish was a litany of earthy, no-nonsense brilliance who achieved so much. That late 80s team was football brilliance made extant.

The current owners dishonour the legacy of those fine men and those who played under them.

For decades, Liverpool FC was the beating red heart of the football body politic. But what has happened to this noble club?

It is lumbered with debt, it is owned by these ridiculous, stupid men who care and know nothing about football, who care and know nothing of their 'asset', and who seem to dislike each other as much as they dislike football. Like a silly, squabbling married couple, one of them wants to sell his share but can't do so unless the other idiot agrees to it.

They haul themselves around rich Saudi Princes offering the club like a 20 dollar whore, each of them with a different, doubtless hapless idea about how to take the club forward.

RBS only failed to call in the Ł300m debt this summer for fear of a public backlash that the largely publicly-owned bank was going to crush one of the world's great football clubs.

Hicks and Gillett appear not to have spent much or any of their own money buying the club. Instead they have leveraged borrowing against the asset that they only acquired with the money they borrowed. It makes no sense and ironically, is said to be an illegal practice in America.

Liverpool FC is now a slave to their debt, condemned to forever graft to pay off the interest on the loan. It would seem that these jokers have ownership of the asset to sell for a personal profit but the club has ownership of the debt. The Gruesome Twosome lose nothing if Liverpool fail.

Anfield is through the looking glass. Logic and proportion has fallen sloppy dead and the white knight is talking backwards.

Rafa Benitez is hamstrung by the persistently shambolic behaviour of the owners. Their mismanagement and machinations have infected the whole club.

It looks from the outside that from one transfer window to another he hasn't a clue what resources will be available to him. It's no wonder mistakes are made in that kind of short-term environment.

And the whole time, he and the squad know that if they are not successful, Hicks and Gillett won't be able to service the debt and the club will go into administration, will have to sell Torres and Gerrard, suffer a ten-point deduction and disqualification from any European competition. That is huge pressure, pressure that may now have got too much for all to bear this season.

The new stadium is on hold until God knows when, further stalling progress. Every week there's talk of someone buying half or the entire club off one or both of the current fools, but nothing ever comes to fruition and the feeling that this is all just wind and pish grows stronger.

It's a testament to Benitez' good faith, bloody-mindedness, strength of purpose and belief in the club's potential and fans that he's stayed as long as he has and done as well as he has. He's had plenty of reasons to walk away before now.

Even if the Saudi Prince buys out the club in its entirety, fans would be right to be cynical of both his commitment and intention until he prove, not just financially astute but football astute; in harmony with the traditions, culture and passions of the club and its fans.

Football is an irrational game and its culture is driven by unfathomable emotion and ritual. It is emphatically not a faceless corporate asset to be traded amongst billionaire bozos. It is, in every sense, a game by and of the people.

In one sense, Liverpool are ahead of the curve, their situation will not be untypical as more similarly bilious billionaires buy and sell clubs for ego, profit or entertainment. Perhaps it is therefore down to Liverpool to try and resolve these problems innovatively and blaze a new trail.

The Rogan Taylor-led fan buy-out seems to have stalled, which is a shame. If ever a club was suited to be owned and run by the people it is Liverpool with its history of collectivised labour. We certainly need new, fresh ideas on how clubs can be owned, funded and run.

Maybe we should all ask, like Mikey, what would Shankly do? His words might provide a clue.

"The socialism I believe in is not really politics. It is a way of living. It is humanity. I believe the only way to live and to be truly successful is by collective effort, with everyone working for each other, everyone helping each other, and everyone having a share of the rewards at the end of the day."

Shanks wasn't wrong about much.

"If you're in the penalty area and don't know what to do with the ball, put it in the net and we'll discuss the options later."

The Great 'Should have been Sir' Bob Paisley

Offline redrockydennis

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2056 on: October 19, 2009, 01:53:47 PM »
spot on that
"Football is a simple game based on the giving and taking of passes,
of controlling the ball and of making yourself available to receive a pass.
It is terribly simple."

Offline ShanksLegend

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2057 on: October 19, 2009, 02:01:51 PM »
Firstly let me say the news story by Bascombe was over the top, it was exaggerated massively as usual to attract more attention and again make the club look foolish.

Anyway moving onto the subject of any potential takeover, what some of the papers have been reporting is very accuarate.  The stuff posted from the the parrott above is extremely accurate.  They are the players in any potential takeover and that was one of a series of forthcoming meetings which will also involve Hicks and his advisors.

The fact that the partys have denied any type of takeover talk is wrong especially when representitives of Merrill Lynch were present at the meetings last week, both partys have subsequent reasons for denying any type of talk, this of course should be seen as a positive thing for our club rather then a negative thing. 

Also SOS are doing a fantastic job and they should be appluaded for the work they have done as they have done some commendable actions.


Offline Canada Loves Anfield

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2058 on: October 19, 2009, 02:09:10 PM »
Thanks for the update Shanks.
If it acts like a cock and a banner appears on the kop with its name written down the shaft of a cock, it probably is...

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Offline No666

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2059 on: October 19, 2009, 02:13:06 PM »
ShanksL, you've made me hope again, damn you!
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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2060 on: October 19, 2009, 02:13:52 PM »
Thanks for the update Shanks.
What he said. Great to hear such positive news from a trusted source.
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Online rocco

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2061 on: October 19, 2009, 02:14:47 PM »
THE KING IS BACK

SOS No.1406

Online rocco

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2062 on: October 19, 2009, 02:16:02 PM »
here we go  again ...
THE KING IS BACK

SOS No.1406

Offline shelts

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2063 on: October 19, 2009, 02:18:24 PM »
Firstly let me say the news story by Bascombe was over the top, it was exaggerated massively as usual to attract more attention and again make the club look foolish.

Anyway moving onto the subject of any potential takeover, what some of the papers have been reporting is very accuarate.  The stuff posted from the the parrott above is extremely accurate.  They are the players in any potential takeover and that was one of a series of forthcoming meetings which will also involve Hicks and his advisors.

The fact that the partys have denied any type of takeover talk is wrong especially when representitives of Merrill Lynch were present at the meetings last week, both partys have subsequent reasons for denying any type of talk, this of course should be seen as a positive thing for our club rather then a negative thing. 

Also SOS are doing a fantastic job and they should be appluaded for the work they have done as they have done some commendable actions.


Just when we thought it was safe to go back in the water.......................

Thanks for the update SL - I just hope this pans out in the way we all hope it's going to.....
if this sale becomes official i'm gonna run into the canteen with my cock out
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Offline shelts

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2064 on: October 19, 2009, 02:20:53 PM »
If ML were involved in Saudi then I think that is significant seeing as they are Hicks' people as I was under the impression it was Rothchild (sp?) that were advising Gillett - or are they now working together

This is so flaming confusing
if this sale becomes official i'm gonna run into the canteen with my cock out
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Offline NatD

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2065 on: October 19, 2009, 02:30:07 PM »
SL - nice to see you passing on some more believable information.

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Offline WaltonRed

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2066 on: October 19, 2009, 02:33:24 PM »
Hope SL is right.

My assumption has always been that a single season without Champions league football will likely end in Administration.   I have long felt that Administration was the most likely outcome and see nothing to make me change my mind.

I cannot believe that any of these attempts to attract outside investment will come off given the level of our debts.

I hope I'm wrong but personally if we finish fifth, then we are in big trouble. Big, big trouble.

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2067 on: October 19, 2009, 02:37:05 PM »
Nice to see you again SL. thx for the update :)
« Last Edit: October 19, 2009, 03:55:46 PM by Michael Osmann »
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Offline fry

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2068 on: October 19, 2009, 02:43:52 PM »
Glad some credibility has weighed in.
Disclaimer: The above post may not be based on facts even if stated as fact.

Offline sirjames

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2069 on: October 19, 2009, 02:44:12 PM »
cheers sl. are you hopefull of a deal anytime soon?
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Offline will2003

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2070 on: October 19, 2009, 02:45:35 PM »
Cheers SL awesome news that.

One question what are your thoughts to them as owners? Are they going to be sugar daddies or more muppet like our current owners?

Thanks again!!
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Offline No666

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2071 on: October 19, 2009, 02:45:48 PM »
'Pressure is mounting from the banks for Gillett and Hicks to concede their majority shareholding'

'Potential investors including Prince Alwaleed Bin Talal Alsaud are well aware that the owners are desperate, and as a result will sit tight and wait for the valuation of the club to drop'

If true, that conjures up a Dutch auction, with the potential investor who blinks first getting the club and the ones waiting for the price to drop to the floor losing out.
If we lose on Tuesday how much is wiped off the value by Wednesday morning, I wonder?
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Offline GTM1

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2072 on: October 19, 2009, 02:46:07 PM »
ShanksLegend / Walton RED / GEDO

Do you guys think these latest talks with the Prince will result in the yanks going?

Offline Something Else

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2073 on: October 19, 2009, 02:46:33 PM »
What he said. Great to hear such positive news from a trusted source.

Offline fry

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2074 on: October 19, 2009, 02:51:01 PM »
ShanksLegend / Walton RED / GEDO / Fry

Do you guys think these latest talks with the Prince will result in the yanks going?

Not sure mate, could be, but we have to wait and see.
Disclaimer: The above post may not be based on facts even if stated as fact.

Offline Something Else

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2075 on: October 19, 2009, 02:53:04 PM »
ShanksLegend / Walton RED / GEDO

Do you guys think these latest talks with the Prince will result in the yanks going?

I think the situation has changed, and now its a matter of when rather than if.

Ps that is with no inside info, just with my reading of the current situation and comments from certain informed posters

Offline merseypride

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2076 on: October 19, 2009, 02:57:56 PM »
Nice to you again SL. thx for the update
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Offline allmodcons

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2077 on: October 19, 2009, 03:03:13 PM »
Hope something does come off however like Walton Red, I have doubts regarding the amount of debt and do fear that unless Hicks/Gillett are prepared to get it down substantially, then investment won't be easy to comr by.

Offline No666

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2078 on: October 19, 2009, 03:06:30 PM »
Hope something does come off however like Walton Red, I have doubts regarding the amount of debt and do fear that unless Hicks/Gillett are prepared to get it down substantially, then investment won't be easy to comr by.

Surely the significant driver behind all the ITK posts is that it is RBS which is pressuring them into selling. Now presumably they wanted to hang onto a share (possibly majority) but the investors have decided they are not interested in that kind of deal. What do RBS do next? Can they pressure for an all-out sale? According to SMTM there's another tranche due to be paid back in December. No doubt that is the reason for the increased activity. No Alonso to sell this time.
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Offline MBL?

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Re: Hicks and Gillett set to sell quarter share of Liverpool
« Reply #2079 on: October 19, 2009, 03:07:01 PM »
Anybody see that frankincense program on BBC a while back? The one I saw was about Saudi Arabia and they did a 10/15 minute piece on what I think was this Alwaleed bloke. At one point hes driving along in a car with the presenter while on the phone deciding how to bail out the American banks.Very interesting stuff If anyone can get a hold of it?