DIC PLAN TO SELL POOL AFTER MAKING HUGE PROFIT
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Dubai International Capital, the investment company behind the proposed takeover of Liverpool, reportedly plan to sell the club in 2014 having first made a huge profit from their ownership of the Anfield club.
According to The Daily Telegraph, 'DIC see their investment in Liverpool as purely a business deal built round the new stadium Liverpool are planning at Stanley Park. When they sell in seven years' time they are hoping to make a huge profit, providing a return of around 25 per cent on their investment for every year of ownership. There appear to be no plans to invest in new players.'
The newspaper claims to have seen a confidential document circulated among possible investors in order to persuade them to join a consortium.
DIC plan to borrow around £300m of the £450m required to buy Liverpool and are actively pursuing new partners. The upshot is that 'DIC will not be the sole owners of Liverpool, unlike Roman Abramovich at Chelsea, the Glazers at Manchester United and Randy Lerner at Aston Villa. There is no knowing who else will be in the Liverpool boardroom.'
The document stresses the 'great investment opportunities that Liverpool provide', with The Telegraph concluding 'anyone reading the document can have no doubt that this is purely an investment decision'.
'The document tells potential investors that over the next five years a return starting at 19.3 per cent could rise to 29 per cent in year five. It is clear that the new stadium is at the heart of this deal.' -
chey only use liver make money
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thaksin would've been better, cuz he's a pool fan.
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Apart from being a so called "Pool fan", He is also a crook...
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Dubai investors deny Liverpool exit strategy
Dubai International Capital, the investment company behind the proposed takeover of Liverpool, insist they have a long-term strategy in place for the club including significant funds for new players.
The company have responded to reports in today's Daily Telegraph that they plan to sell the club in 2014 having first made a huge profit from what the newspaper described as 'purely a business deal'.
A DIC source tonight sought to assure Liverpool fans that were the takeover to be concluded there would be 'the best possible' financial support for boss Rafael Benitez.
They said: 'What DIC is doing is planning to make sure that, if a deal is done, Liverpool has the best possible funding in place going forward under DIC stewardship.
'This is particularly important as we would need to get on with the stadium early in 2007 and it takes time to sort out the necessary financing.
'This is also important in terms of making sure cash is available for the ongoing strengthening of the playing squad.
'Should DIC acquire the club, Liverpool will be well run, both on and off the pitch, and we are currently laying the groundwork to ensure that will be the case.'
But DIC officials have pointed out they are yet to successfully conclude their takeover of the club and that, as a result, talk of plans to sell it off for profit are premature.
The source added: 'DIC has not yet formally made an offer, never mind completed a deal. Certainly there are no plans to exit an acquisition we have not even bought yet.
'It (DIC) is a very serious investor with considerable resources at its disposal and the ability to take a long-term view.
'Equally, we believe that we understand the responsibilities that come with owning Liverpool Football Club.
'DIC has made it clear that, should a deal be concluded, it would not interfere in the day-to-day running of the club.' -
The shortform DIC is damn funny
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pool should have seen this coming