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Takeover Saga,
The Full Story
Email us your
thoughts newanfield@btinternet.com
As Tom Hicks has released a statement which read...
"Based on a meeting
held earlier today in
Dubai between my
representatives and
officials of Dubai
International Capital
LLC, I have
decided to terminate any
further discussions with
DIC regarding their
possible purchase of a
minority stake in Kop
and, in turn, in the
Club."
Newanfield lookes back at the saga which has now lasted some 4 years.
2004:
March - Thailand's Prime Minister, Thaksin Shinawatra, is revealed to be interested in buying a stake in the club.
May - Shareholder Steve Morgan claims he has had two bids to take over the club turned down. Shinawatra makes a formal bid for a 30% stake in the club.
June - Shinawatra ends his interest in Liverpool. Thai media tycoon Paiboon Damrongchaitham reveals interest in buying a stake in the club.
August - Liverpool reject another takeover bid from Morgan.
December - Morgan abandons his proposed takeover.
2005:
November - American billionaire Robert Kraft refuses to rule out investing in Liverpool.
2006:
March 29 - Liverpool board confirm talks with potential investors which "may include an offer for the entire share capital of the club".
December 4 - Liverpool confirm they have "entered into a period of exclusive negotiations with Dubai International Capital about a possible investment in the club".
December 28 - DIC deny allegations it plans to sell the club in 2014 after making a huge profit.
More on the Takeover Saga Part Two 2007-2008
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