Redray

Or if Gillett no shows where does this leave Hicks with the Ltd Company? Can he do it himself if he gets the funds?

http://icliverpool.icnetwork.co.uk/0500liv...-name_page.html TOM Hicks today released an image of Liverpool's planned new stadium as fans awaited the details of the promised refinancing deal. But while the designs for Liverpool's new home are now in place, the fans are still awaiting details of how it will be paid for. The refinancing package which the Hicks camp had indicated would be completed by yesterday had still not been concluded by the time the ECHO went to print today. It is being stressed that the hold- up is an administrative one with lawyers having to plough through the necessary paperwork of such a major deal, and the ECHO understands Hicks is totally confident that it will now go through without a hitch. But sources close to the proposed deal have suggested that George Gillett's necessary financial contribution to the deal is still to be received by the Royal Bank of Scotland and American investment back Wachovia who have come up with the proposed £350m loan. Interestingly, George Gillett's name is conspicuous only by its absence on the press release which was issued to the ECHO by London PR firm Financial Dynamics today. Of the £350m refinancing package £105m will be saddled on Liverpool, with £185m secured on Hicks and Gillett's holding company Kop Investment. The Americans are believed to have increased their personal guarantees from £30m each to about £55m. Tony Barrett

Tell DIC to buy Liverpool Football Club here. Complete online form. http://www.thedubailife.com/index.php/main/tell_dic_liverpool_takeover As Takeovers go this is going to go down in history for the mere fact that DIC have now come back to the table a year or so after the first attempt. Keeping in mind the fact that DIC have now made an offer Liverpool FC for the second time and that the majority of Liverpool fans want DIC to buy them, we thought it appropriate to make DIC aware of the weight of support they have. This could be a long and ugly fight for the club as it seems the American owners are not willing to play ball, so at times like these DIC need to be know they must carry on and don't give up on Liverpool. The way this will work is simple we will gather all the feedback that our users wether from Dubai or not give to us regarding the Liverpool issue and pass that onto DIC on a weekly basis. We are not sure what will happen when we do this, we hope DIC will see the support and carry on with the negotiations when they might be at breaking point I doubt anyone wants a repeat of last time. So if you are a fan of Liverpool and want to let DIC know how you feel tell us here. All emails will be checked before we send them on so therefore rude and foul language will mean that your email is not sent forward, however strong opinions are welcome. We do track IP addresses so anyone violating the rules we will gladly publish your IP address on our blog this WILL make you infamous just ask the last person. Note: We will not store your email address, we will not spam you with information about Dubai or our site. If anyone you wish to subscribe to updates please go to our blog page and you can give us your email address.

Interesting that the Press in Dubai are keeping their eye on the bal very well; <H4 class=htag>http://www.thedubailife.com/index.php/main/blog/the_liverpool_dic_plot_thickens The Liverpool-DIC Plot Thickens!</H4>20/01/08 Rumours abound. After yesterday's revelations that DIC were preparing an outright bid, Tom Hicks has decided to come out and do the talking instead of a spokesman. For the record he went on to clarify: "I've not received any offer to purchase the club from DIC or anyone else, much less accepted any such offer. Nor do I have any intention of doing so, Whoever is behind this false report, the facts are that I and my family have always been, and remain, fully committed to co-owning the club. No-one in my family has ever indicated any intention or desire to sell our stake in the club. We expect and intend to be co-owners of the club, and to actively and enthusiastically support the club's manager, players and fans for many years to come." A few things Mister Hicks should bear in mind. At no time were any rumours pointing to the fact that DIC had made an offer, just conjecture and speculation that they were seeking to bid. So to deny something that hasn't really been alleged doesn't really help to clarify things does it. Indeed, it just adds to the whole suspense and drama of the events that are currently engulfing Anfield. No words will suffice at this moment of time, only cold hard facts and the signature on dotted lines of having secured the loan that repays the initial debt they had borrowed to purchase the club. Secondly Hicks has done more damage than anyone to the role of the club's coach and it's fans and to come out now and speak of support and loyalty smacks a little of desperation. Thirdly, the silence and lack of statement from his co-owner continues to create more speculation that all is not well with their partnership. The fact of the matter is, Messrs Hicks and Gillett are in a financial quandary that will not abate until they secure their loan against the club and perhaps its assets. It is a well known fact that DIC were offered a 15% stake last October, hardly one that displays an intention of not selling their holdings in the club. Furthermore, even if they manage to see out this period of unrest, the rumours will not go away until Hicks and Gillett stump up some serious cash of their own to fund a decent transfer policy and a stadium that meets theirs and the supporters' expectations. Until then and the lack of a league title will hang heavy round their necks like doomed men and the hanging noose from which they dangle.

Problem, his definition of successful is not the same definition that Liverpool, the club and supporters have. "You don't even have to win a championship every year to draw the fans. You just have to show you're really trying." "This business has to do with fan affinity and brand devotion. It doesn't necessarily have to do with winning." Tom Hicks

http://www.rivals.net/news/pgarticle.aspx?artid=2483_3061142

He's playing the role of the reluctant vendor. I don't want/need to sell but hey, everything has a price. Every dime he squeezes out of DIC is money we could have using for players/stadium etc. Greedy prick

And this bit; The interest has now been seriously revived, but DIC is insistent it will not pay over the odds to buy the club, and until Gillett and Hicks agree to certain terms contained within the deal, an impasse has been reached.