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Talks took place last week, DIC takeover just “weeks away”

Talks took place last week, DIC takeover just “weeks away” thumbnail

It is understood that Liverpool F.C. owners Messrs Hicks & Gillett are just “weeks away” from selling up, subsequently being left with a hefty profit after DIC had their initial £350million bid rejected.

After months of talks, DIC are confident that a deal can be wrapped up soon, with a deadline apparently being set for mid-March, in which a takeover bid of around £450million is expected to be accepted.

Tom Hicks however expects to remain at Anfield for some time to come, after violently holding out for a seat on the board, but his dreams may be shattered as he cannot afford to finance the purchase of George Gillett’s portion of Anfield, despite numerous failed attempts in securing the necessary finance to do so.

It is also reported that within a week, DIC (owned by the Maktoum royal family (pictured)) will be given permission to view the books of Liverpool F.C., with a view to tabling a formal offer for our club.

Hicks has been in contact with DIC recently, reportedly on “other business” for his holdings company, but talks did take place in London last Thursday about our clubs future.

It is understood that DIC would initially inject around £150million as a refinancing package to fund the deal and to begin construction work on our new stadium, aswell as offering our manager substantial funds for a summer re-building programme, although if DIC we’re to take control of LFC, they would instantly review the managerial position, which could in turn mean the end of Rafa Benitez’s reign - which has prompted many to say that we need to win the UEFA Champions Legaue merely to keep Rafa in his job.

By Redneck
(February 26, 2008)
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