Dubai International Capital

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October 22, 2008

Liverpool Up For Sale: The Details

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Liverpool FC has sought the help of investment bank Merrill Lynch to find a buyer for the club, according to a report in The Times newspaper. Out of the 20 clubs in the Premier League, Liverpool has been one of the hardest hit in the credit crunch due to the £350 million that American owners George [. Click to continue reading...

October 7, 2008

The Beginning Of The End For Debt Ridden Clubs?

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With the prediction by Lord Triesman, head of the Football Association, that the current global economic crisis could spell a ‘terrible danger' to clubs with spiralling debt, meaning could we actually see a Premier League club go to the wall? According to Triesman the Premier League is currently in £3bn worth of debt so the [. Click to continue reading...

January 22, 2008

Will Dubai Investment Capital save Liverpool?

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As the protests at Liverpool grow, many fans are calling for Dubai International Capital to swoop in and rescue the club by buying out American owners Tom Hicks and George Gillett. But the big question remains: do DIC really have the club's interests at heart, or are they also out to make a quick buck? Click to continue reading...

January 17, 2008

DIC prepare Liverpool bid

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DIC still keen as Hicks and Gillett get closer to refinancing

Dubai International Finance is preparing to bid again for Liverpool Football Club. The Liverpool Echo, long known as the voice of the club, is reporting that DIC are preparing to launch a bid for Tom Hick's stake in the club. Hicks and Gillett are getting closer to a refinancing deal, but DIC see the present struggle to refinance the loan as a window of opportunity to once again acquire an asset they have long coveted. Click to continue reading...

January 13, 2008

Arabs back in for Liverpool Takeover

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DIC back in the frame as Gillett & Hicks get cold feet

Dubai International Capital are according to reports, back in the frame for a takeover at Liverpool. Also the Americans have, due to the global credit crunch, struggled to refinance the loan they took out to purchase the club, which is due for repayment at the end of February. Click to continue reading...