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Liverpool buyer drops out
Topic Started: Dec 8 2008, 11:27 AM (129 Views)
Monty
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I'm a naughty boy
Liverpool's American owners, Tom Hicks and George Gillett Jr., are having problems selling the club that they bought in 2007, according to The Times.

Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, who has been trying to purchase the club for the last two years, has withdrawn his offer and dropped his interest in obtaining the club from the Americans.

Amanda Staveley, who has been negotiating on Sheikh Mohammed’s behalf since the beginning of this year, has informed the club's current owners that the current world economic climate and their own refusal to lower their £600 million evaluation of the club means that the Sheikh is no longer interested.
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blah
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Y.N.W.A
Cant the banks just force a sale knowing full well that they could potentially offer it to the sheikh for a reasonable price?
"My idea was to build Liverpool into a bastion of invincibility.Napoleon had that idea.He wanted to conquer the bloody world.I wanted Liverpool to be untouchable.My idea was to build Liverpool up and up until eventually everyone would have to submit and give in." Bill Shankly
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TheReturnOfTheKing
Definitely NOT a Terrorist
exactly blah, yanks are the ones losing out. they cant afford to run liverpool. the bank will eventually takeover if they keep up their stupid price tag and sell the club for about 400m to someone
no
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BALLBAG
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MOVE !!...Im Head Boy !!
Its a shame they pulled out, is it true that liverpool that own torres
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goslow
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Lord of the Ring-pieces
why would the banks force a sale?because liverpool fans dont like the owners?
ego contemno palma venator

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Monty
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I'm a naughty boy
There is rumoured to be one other Middle-Eastern party who is interested in buying the club, but desperation to find a buyer is growing as a £350 million loan agreement with Bank of Scotland and Wachovia expires on January 25. Hicks and Gillett are hopeful that an extension to this will be granted.
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blah
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Y.N.W.A
erm no because Hicks and Gillete are supposedly struggling to make repayments on the loan, especially in the current climate. Theres a date set at which point some of the monies owed need to be repaid, bit like not making your mortgage payments i guess.

again most of the info appears to be speculation so theres nothing concrete per say to give opinion on.
"My idea was to build Liverpool into a bastion of invincibility.Napoleon had that idea.He wanted to conquer the bloody world.I wanted Liverpool to be untouchable.My idea was to build Liverpool up and up until eventually everyone would have to submit and give in." Bill Shankly
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TheReturnOfTheKing
Definitely NOT a Terrorist
goslow
Dec 8 2008, 11:54 AM
why would the banks force a sale?because liverpool fans dont like the owners?
liverpool owners borrowed the money from the bank and they cant afford to pay it back.

they must make a huge payment in jan which they said they would be able to do. they however, cant. therefore, the royal bank of scotland who lent the money will own liverpool and sell them to get back their money.
no
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blah
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Y.N.W.A
Keane is pants! :o

How dare you :hit:
"My idea was to build Liverpool into a bastion of invincibility.Napoleon had that idea.He wanted to conquer the bloody world.I wanted Liverpool to be untouchable.My idea was to build Liverpool up and up until eventually everyone would have to submit and give in." Bill Shankly
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TheReturnOfTheKing
Definitely NOT a Terrorist
i am fickle tbh

if he gets on good form it will change
no
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blah
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Y.N.W.A
:lol:

fair do's
"My idea was to build Liverpool into a bastion of invincibility.Napoleon had that idea.He wanted to conquer the bloody world.I wanted Liverpool to be untouchable.My idea was to build Liverpool up and up until eventually everyone would have to submit and give in." Bill Shankly
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RetardedDwarf
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Hamster Molester
Didnt they pay just over £200m. Asking to treble their money in less than 2 yrs seems an awful lot to expect.
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