Dipper Takeover? [Merged]

bluemanc said:
As far as i've heard he's just talking to the one bank to buy the £250 million that is owed to them,a bit like buying a betting marker.

Looks like they will have 3 owners by the end of the week & they are all skint & hate each other,bit greedy if you ask me.
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Yeah , a bit greedy for us to envisage such a scenario ;)
 
One would of thought, that, due to recent mismangement of takeovers (portsmouth) and the financial world being scrutinised closely as regards any form of debt, that this deal would be more transparent than normal.
Anyway I just hope it spells the end for one of my most detested, despised and dispicable clubs.
p.s. I was quite pleased with that last bit of alliteration! All true mind!
 
good for CITY in this coming season, if Chinese took over the club , Liverpool rank would be far lower than last season ,people who took over usually think money not sport.
 
your right! Torres Will be a city player start of the season!

I pray the gods of football that you are mistaken Waspish!
 
projectriver said:
Bluecifer said:
Apparently the bid is less than the debt. I can't see Gillette and Hicks making owt....so why would they sell?
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They wont. Thats why this opportunist attempt to get the debt and then take control following breach or default is almost certainly doomed to fail.

Nice idea - as these sort of deals always are on paper.
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The more I read about this approach the more it sounds like a vulture fund:
A vulture fund is a private equity or hedge fund that invests in debt issued by an entity that is considered to be very weak or dying. The name is a metaphor comparing these investors to vultures patiently circling, waiting to pick over the remains of a rapidly weakening company or, in the case of sovereign debt, debtor country. Market practitioners prefer to refer to them as distressed debt or special situations funds.
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Sounds less threatening than it did earlier today. The guy doesn't really have a track record of investing in or running clubs, more in the marketing arena. And he's gambling that he'll have H & G by the balls if this comes off and will be able to panic them into selling. The threat of pulling out if it's not done quickly sounds like double-glazing salesman talk. With the October deadline for calling in the loan approaching he must think he's got the upper hand but I suspect the Americans would rather go down with the ship than hand it over to him for far less than they think it's worth.
 
So RBS have said they talked to no one about a take over

They say it will be in done in days but with whats happened in the past i would think the Premier League fit and completly inapproriate test would be harder than ever to pass now after what happened with portsmouth and Notts County. I cant see people swanning in and laying cash everywhere just for the Premier League to say do 1 mr kwenny!!! Surely this test would take a while. I dont believe it s bullshit, very different i think this has a great chance of happening (they wont be as rich as us still, lol) but its gonna have some serious tests to overcome
 
The pornagraphers at Wet Lamb managed to pass this test!
What the hell is the criteria?
 
Bluecifer said:
The pornagraphers at Wet Lamb managed to pass this test!
What the hell is the criteria?
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I dont fucking know mate. They had run a team well for 10 years before so doubt they had much proving to do

But in the old test you didnt even need money just a piece of paper with IOU £400 million on it and the Premier League went welcome Mr Sheikh n Bake or something like that
 
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