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	<title>Comments on: Injuries, Ownership, and football too</title>
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	<description>The Archives. Liverpool FC. 18 titles. 5 European Cups. Unofficial</description>
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		<title>By: Jussi</title>
		<link>http://archive.anfieldroad.com/news-archive/200810213182/injuries-ownership-and-football-too.html/comment-page-1/#comment-6161</link>
		<dc:creator>Jussi</dc:creator>
		<pubDate>Sat, 25 Oct 2008 22:53:53 +0000</pubDate>
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		<description>DIC / AL-ANSARI / SOURCE / STAVELEY

5.12.2006 AL-ANSARI:
&#039;&#039;DIC are serious people with serious resources. This is not a transaction that will need to be debt-financed&#039;&#039;.
&#039;&#039;DIC has a strong track record as a very serious investor with considerable resources at it&#039;s disposal. Liverpool&#039;s investment requirements have been publicised and we hope we can agree a deal that will provide the club with the funds it needs&#039;&#039;.

27.1.2007 AL-ANSARI:
&#039;&#039;i understand he (Gillett) offered 5000 pounds per share while we offered 4,500per share. We are very confident the club will not consider the other offer. We understand what the club needs. We are keen to build the new stadium&#039;&#039;.

January 2007 AL-ANSARI:
&#039;&#039;we have worked very hard over along period with Liverpool to come up with the best possible offer for shareholders and for the long term of the club. Our deal is not just about buying shares; it is about financing the stadium, getting the stadium built and making money available for players&#039;&#039;.

31.1.2007 AL-ANSARI:
&#039;&#039;we werw prepared to offer shareholders a significant premium at the market price. However we will not overpay for assets&#039;&#039;.

February 2007 AL-ANSARI:
&#039;&#039;Liverpool is the most succesful football club in english footbaall history. It exists to win things to it&#039;s supporters. It deserves to be in the hands of people who support it who understands it&#039;s history and legend&#039;&#039; &#039;&#039;I&#039;m sure i will be back at anfield with my family soon to support my team, as i have done so in the last 30plus years. In the meantime, i wish the manager, it&#039;s players and everyone connected with the club the best of fortune for challenges ahead and will make sure that i am there the day they lift the premiership trophy&#039;&#039;.

2.2.2007 The highly placed Dubai source:
&#039;&#039;the Makhtoums had a verbal agreement and a handshake from Mr Moores and they thought they had a deal. The decision to pull out came from the very top&#039;&#039;.
&#039;&#039;negotiations with Mr Moores had been conducted by Sameer Al-Ansari, who is a long standing Liverpool fan. By comparison, Gillett would not know Liverpool from a hole in the ground. The deal was originally brokered by a Liverpool fan. Because of that he conducted his bosses that it would be a good investment. But if Liverpool came back to the table now, they would have to convince not only Al-Ansari but his bosses and their bosses, the royal family, and that won&#039;t happen. The Makhtoums are the same in all business dealings, if they don&#039;t like it, they don&#039;t do it&#039;&#039;.

February 2007 AL-ANSARI:
&#039;&#039;there was no ultimatum given, but we did make it clear we needed to know quigly if the press conference was going ahead on monday becaude DIC officials needed to know if they should book their flights&#039;&#039;.

February 2007 Source close to DIC:
&#039;&#039;Liverpool hadve been looking for years and years for an investor, going through numerous suitors. They came to the conclusion DIC were the best people. We have been working closely with advisors for the last six to eight weeks and spent a lot of time preparing a deal. We heard from the press that George Gillett had made another bid. No one from Liverpool told us this, and when we asked what was happening they said they didn&#039;t know why a bid was made other than to muddy the waters. Then we read a formal statement from Liverpool announcing Gillett&#039;s bid. Again DIC were informed by a journalist&#039;&#039;.
&#039;&#039;we expected the board meeting to accept our proposals. Instead we found out the board was discussing George Gillett&#039;s offer, once again through the press. We could get no answers from Mr Moores and Parry. The people back in Dubai thought they weren&#039;t being told what&#039;s going on. Once word got back in Dubai that there were no answers from Liverpool, the word from on high was this is bad for our reputation and it all stops right now&#039;&#039;.


4.11.2007 AL-ANSARI:
&#039;&#039;it took me two weeks to get over that. But it didn&#039;t dent my passion, i still went to every match when i was here&#039;&#039;

17.1.2008 AL-ANSARI:
&#039;&#039;even with the so called credit crunch and turmoil in credit markets we are in a very strong positions to do transactions at reasonable valuations and get debt for those transactions. We haven&#039;t felt the impact&#039;&#039;.

4.3.2008 AL-ANSARI:
&#039;&#039;It&#039;s no secret we have been in discussions with the current owners&#039;&#039;
&#039;&#039;It&#039;s not easy because the owners are in dreamland&#039;&#039;   &#039;&#039;One of them had come out of dreamland&#039;&#039;

4.3.2008 Spokesperson Jehad Saleh:
&#039;&#039;no timeline has been set on the talks&#039;&#039;
&#039;&#039;No figures have benn mentioned and talks are ongoing&#039;&#039;

7.3.2008 Sources from the DIC:
&#039;&#039;DIC will not rest until they own 100% of the club, but accept that might take some time&#039;&#039;.

8.3.2008 Source close to DIC:
&#039;&#039;DIC wants to see the club put into a frim financial foot and for the emphasis to shaft from the boardroom to the pitch&#039;&#039;.

9.3.2008 STAVELEY:
&#039;&#039;Tom Hicks knows that in the long run we will be 100% owners of the club, but we are prepared to play a waiting game. We will be able to pay the price for the financing of the club and construction of a new stadium&#039;&#039;.

10.3.2008 STAVELEY:
&#039;&#039;subject to renegotiation of a partnership agreement and subject to the stringest minority shareholder protection rights we would be prepared to accept a 49 percent shareholding in Liverpool FC&#039;&#039;.
&#039;&#039;this agreement provides the best possible solution to the situation and would be in the best interest of the clu and their loyal fans&#039;&#039;.

10.3.2008 A source close to DIC:
&#039;&#039;this letter has not been leaked by DIC or any other of our negotiation team to media. We do not expect any problems with the meetings next week and we expect the deal to buy George Gillett&#039;s stake to go through&#039;&#039;.

10.4.2008 AL-ANSARI:
&#039;&#039;you have two partners who do not see eye to eye. And we decided we pull out completely. Let them sort out their problems.&#039;&#039; 
&#039;&#039;we will continue to be interested and would love to own the club but we are not going to put ourselves in a difficult situation where we make the investment but we have no control over the destiny of the club and we cannot influencethe succes of the club. Unfortunately the terms that have been put on the table do not allow us to do that&#039;&#039;.

11.8.2008 A source close to the DIC directors:
&#039;&#039;just because it has been a quiet summed does not mean DIC have lost interest. They are happy that things have now become low key and they are awaiting developments&#039;&#039;.

25.8.2008 A source close to DIC:
&#039;&#039;DIC are not interested in getting involved in Man City, their interest is only in Liverpool football club&#039;&#039;.

15.9.2008 DIC:
&#039;&#039;Following inaccurate speculation regarding DIC and Liverpool FC, DIC can confirm that it is not involved in any negotiations to buy and can confirm that it is not planning any fresh bid for LFC or any other football club. Nor is DIC or any other Dubai-based party aware of any consortium or vehicle involved in a bid&#039;&#039;.

And one more interesting piece what i found when searching DIC articles:

3.6.2008 Article name: Zabeel eyes $25M in US assets
&#039;&#039;Zabeel investments and DIC were at the centre of a deal last year to buy the English premier league football club Liverpool. However, as Zabeel was preparing to buy 20 percent of the club, the Liverpool board sold to two US investors, George Gillett and Tom Hicks. Mr Hicks has since unsuccesfully tried to sell his 50 percent stake&#039;&#039;.</description>
		<content:encoded><![CDATA[<p>DIC / AL-ANSARI / SOURCE / STAVELEY</p>
<p>5.12.2006 AL-ANSARI:<br />
&#8221;DIC are serious people with serious resources. This is not a transaction that will need to be debt-financed&#8221;.<br />
&#8221;DIC has a strong track record as a very serious investor with considerable resources at it&#8217;s disposal. Liverpool&#8217;s investment requirements have been publicised and we hope we can agree a deal that will provide the club with the funds it needs&#8221;.</p>
<p>27.1.2007 AL-ANSARI:<br />
&#8221;i understand he (Gillett) offered 5000 pounds per share while we offered 4,500per share. We are very confident the club will not consider the other offer. We understand what the club needs. We are keen to build the new stadium&#8221;.</p>
<p>January 2007 AL-ANSARI:<br />
&#8221;we have worked very hard over along period with Liverpool to come up with the best possible offer for shareholders and for the long term of the club. Our deal is not just about buying shares; it is about financing the stadium, getting the stadium built and making money available for players&#8221;.</p>
<p>31.1.2007 AL-ANSARI:<br />
&#8221;we werw prepared to offer shareholders a significant premium at the market price. However we will not overpay for assets&#8221;.</p>
<p>February 2007 AL-ANSARI:<br />
&#8221;Liverpool is the most succesful football club in english footbaall history. It exists to win things to it&#8217;s supporters. It deserves to be in the hands of people who support it who understands it&#8217;s history and legend&#8221; &#8221;I&#8217;m sure i will be back at anfield with my family soon to support my team, as i have done so in the last 30plus years. In the meantime, i wish the manager, it&#8217;s players and everyone connected with the club the best of fortune for challenges ahead and will make sure that i am there the day they lift the premiership trophy&#8221;.</p>
<p>2.2.2007 The highly placed Dubai source:<br />
&#8221;the Makhtoums had a verbal agreement and a handshake from Mr Moores and they thought they had a deal. The decision to pull out came from the very top&#8221;.<br />
&#8221;negotiations with Mr Moores had been conducted by Sameer Al-Ansari, who is a long standing Liverpool fan. By comparison, Gillett would not know Liverpool from a hole in the ground. The deal was originally brokered by a Liverpool fan. Because of that he conducted his bosses that it would be a good investment. But if Liverpool came back to the table now, they would have to convince not only Al-Ansari but his bosses and their bosses, the royal family, and that won&#8217;t happen. The Makhtoums are the same in all business dealings, if they don&#8217;t like it, they don&#8217;t do it&#8221;.</p>
<p>February 2007 AL-ANSARI:<br />
&#8221;there was no ultimatum given, but we did make it clear we needed to know quigly if the press conference was going ahead on monday becaude DIC officials needed to know if they should book their flights&#8221;.</p>
<p>February 2007 Source close to DIC:<br />
&#8221;Liverpool hadve been looking for years and years for an investor, going through numerous suitors. They came to the conclusion DIC were the best people. We have been working closely with advisors for the last six to eight weeks and spent a lot of time preparing a deal. We heard from the press that George Gillett had made another bid. No one from Liverpool told us this, and when we asked what was happening they said they didn&#8217;t know why a bid was made other than to muddy the waters. Then we read a formal statement from Liverpool announcing Gillett&#8217;s bid. Again DIC were informed by a journalist&#8221;.<br />
&#8221;we expected the board meeting to accept our proposals. Instead we found out the board was discussing George Gillett&#8217;s offer, once again through the press. We could get no answers from Mr Moores and Parry. The people back in Dubai thought they weren&#8217;t being told what&#8217;s going on. Once word got back in Dubai that there were no answers from Liverpool, the word from on high was this is bad for our reputation and it all stops right now&#8221;.</p>
<p>4.11.2007 AL-ANSARI:<br />
&#8221;it took me two weeks to get over that. But it didn&#8217;t dent my passion, i still went to every match when i was here&#8221;</p>
<p>17.1.2008 AL-ANSARI:<br />
&#8221;even with the so called credit crunch and turmoil in credit markets we are in a very strong positions to do transactions at reasonable valuations and get debt for those transactions. We haven&#8217;t felt the impact&#8221;.</p>
<p>4.3.2008 AL-ANSARI:<br />
&#8221;It&#8217;s no secret we have been in discussions with the current owners&#8221;<br />
&#8221;It&#8217;s not easy because the owners are in dreamland&#8221;   &#8221;One of them had come out of dreamland&#8221;</p>
<p>4.3.2008 Spokesperson Jehad Saleh:<br />
&#8221;no timeline has been set on the talks&#8221;<br />
&#8221;No figures have benn mentioned and talks are ongoing&#8221;</p>
<p>7.3.2008 Sources from the DIC:<br />
&#8221;DIC will not rest until they own 100% of the club, but accept that might take some time&#8221;.</p>
<p>8.3.2008 Source close to DIC:<br />
&#8221;DIC wants to see the club put into a frim financial foot and for the emphasis to shaft from the boardroom to the pitch&#8221;.</p>
<p>9.3.2008 STAVELEY:<br />
&#8221;Tom Hicks knows that in the long run we will be 100% owners of the club, but we are prepared to play a waiting game. We will be able to pay the price for the financing of the club and construction of a new stadium&#8221;.</p>
<p>10.3.2008 STAVELEY:<br />
&#8221;subject to renegotiation of a partnership agreement and subject to the stringest minority shareholder protection rights we would be prepared to accept a 49 percent shareholding in Liverpool FC&#8221;.<br />
&#8221;this agreement provides the best possible solution to the situation and would be in the best interest of the clu and their loyal fans&#8221;.</p>
<p>10.3.2008 A source close to DIC:<br />
&#8221;this letter has not been leaked by DIC or any other of our negotiation team to media. We do not expect any problems with the meetings next week and we expect the deal to buy George Gillett&#8217;s stake to go through&#8221;.</p>
<p>10.4.2008 AL-ANSARI:<br />
&#8221;you have two partners who do not see eye to eye. And we decided we pull out completely. Let them sort out their problems.&#8221;<br />
&#8221;we will continue to be interested and would love to own the club but we are not going to put ourselves in a difficult situation where we make the investment but we have no control over the destiny of the club and we cannot influencethe succes of the club. Unfortunately the terms that have been put on the table do not allow us to do that&#8221;.</p>
<p>11.8.2008 A source close to the DIC directors:<br />
&#8221;just because it has been a quiet summed does not mean DIC have lost interest. They are happy that things have now become low key and they are awaiting developments&#8221;.</p>
<p>25.8.2008 A source close to DIC:<br />
&#8221;DIC are not interested in getting involved in Man City, their interest is only in Liverpool football club&#8221;.</p>
<p>15.9.2008 DIC:<br />
&#8221;Following inaccurate speculation regarding DIC and Liverpool FC, DIC can confirm that it is not involved in any negotiations to buy and can confirm that it is not planning any fresh bid for LFC or any other football club. Nor is DIC or any other Dubai-based party aware of any consortium or vehicle involved in a bid&#8221;.</p>
<p>And one more interesting piece what i found when searching DIC articles:</p>
<p>3.6.2008 Article name: Zabeel eyes $25M in US assets<br />
&#8221;Zabeel investments and DIC were at the centre of a deal last year to buy the English premier league football club Liverpool. However, as Zabeel was preparing to buy 20 percent of the club, the Liverpool board sold to two US investors, George Gillett and Tom Hicks. Mr Hicks has since unsuccesfully tried to sell his 50 percent stake&#8221;.</p>
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