Indian billionaires Ambani & Roy pitch for Liverpool

[kingjulian]

Indians typically don't try to solve a problem just by throwing money at it.

You can take Force India F1 team or any of Mallya's sports ventures or other businesses as example. Same with Ambani, Mittal, Premji and Roy etc... They make their initial play and then they try to do it with better management.

You can see Mallya does not give his F1 team unlimited budget like Mateschitz at Red Bull racing. It's one thing to have the money, and then it's another thing to be willing to spend it like Abramovich, or the Sheik at City. Not every body is like that. I doubt any of the Indian business men mentioned will be willing to spend like Abramovich and the sheik.

They will sanction money for the stadium project, but i doubt they would sanction 100 million for Messi or stock up players at exorbitant prices like City. That is actually a good thing.

 

[Rosco]

[quote author=FreshRed link=topic=41288.msg1149192#msg1149192 date=1281045408]
[quote author=Mr_V link=topic=41288.msg1149163#msg1149163 date=1281042280]
[quote author=Rosco link=topic=41288.msg1149069#msg1149069 date=1281038486]
[quote author=RolandG link=topic=41288.msg1149052#msg1149052 date=1281037921]
G&H don't have a prayer. I like Kenny Huang's hostile takeover bid approach. Nothing would give me greater satisfaction than to see those profiteers walk away empty handed. They deserve nothing for bringing our club to its knees.
[/quote]

You're aware the hostile approach has been rubbished by RBS ?
[/quote]

Rubbished? Yes, Impossible? No!
[/quote]

The hostile approach is actually quite brilliant and very possible, but it will not happen. BUT, It will though force G&H to be reasonable.

RBS holds the power right now. They can call the loan at almost any time and G&H will default and get nothing. RBS can also sell the loan (loans are bought and sold all the time) and let someone else play the bad guy and call in the loan and G&H will default and get nothing. RBS also has very good reasons for not alienating the CIC, since the CIC is the largest investor in government debt in the world and the British government (which owns RBS) is quite good at spending money at the moment and needs a reliable source of credit.

Therefore, G&H had better stop asking for a ridiculous payout, because they could get nothing very easily. I expect a "settlement" that provides them a modest return on their investment - maybe 10% and the deal is done.

Some will say that the shareholders must approve the deal. This is likely true. But if the club defaults on the debt which is secured by the ownership in same club, then RBS are the shareholders - and they are likely to approve.

So, I think anyone is wise to threaten to negotiate directly with RBS, but Huang certainly has the most leverage (with CIC) is this game.

Lovely....
[/quote]

Am I the only one who thinks the talk of the hostile approach was all a PR stunt ?

Clearly Huang's backers are interested, but the talk of approaching RBS to ensure the Americans leave with nothing was music to a certain angry mob's ears. They've quite clearly been behind Huang from the beginning because he's made the right noises for them.

RBS came out immediately after the story and rubbished the hostile approach, then Huang effectively said don't believe everything that has been mentioned about his approach in the news.

People need to forget about it.

One other thing that bugs me is the fact that people's preference already seems to swing to the side that will leave the Americans with no profit, regardless of whether or not they are the people best placed to take the club forward. We should be concerned about the future of the club way ahead of what the Yanks come away with.

So far we've been kept in the dark in that regard, with the exception of a lot of PR rubbish. We know nothing about the bidders or their plans.

 

[Farkmaster]

Who cares what the people's preference is Rosco, it isn't of any relevance.

I can be concerned all I want, and I will have absolutely 0 influence on proceedings, just as absolutely nothing that anyone has done this entire time has made a jot of difference to the owners.

I simply don't believe that H&G are going to walk away with close to nothing, though it confuses me why they have let things get so far so as to have such little leverage such that they stand to get less money. Why would any interested party have bought the club when Purslow was trying to flog it, given how short the refinanced loans were, when they could just wait it out a matter of months, and come to this point, where H&G have far more limited authority, and the price will likely be lower. I'm not sure what they were playing at, although their damage limitation across all their holdings doesn't suggest a pattern of success.

 

[RolandG]

[quote author=Rosco link=topic=41288.msg1149276#msg1149276 date=1281077540]
[quote author=FreshRed link=topic=41288.msg1149192#msg1149192 date=1281045408]
[quote author=Mr_V link=topic=41288.msg1149163#msg1149163 date=1281042280]
[quote author=Rosco link=topic=41288.msg1149069#msg1149069 date=1281038486]
[quote author=RolandG link=topic=41288.msg1149052#msg1149052 date=1281037921]
G&H don't have a prayer. I like Kenny Huang's hostile takeover bid approach. Nothing would give me greater satisfaction than to see those profiteers walk away empty handed. They deserve nothing for bringing our club to its knees.
[/quote]

You're aware the hostile approach has been rubbished by RBS ?
[/quote]

Rubbished? Yes, Impossible? No!
[/quote]

The hostile approach is actually quite brilliant and very possible, but it will not happen. BUT, It will though force G&H to be reasonable.

RBS holds the power right now. They can call the loan at almost any time and G&H will default and get nothing. RBS can also sell the loan (loans are bought and sold all the time) and let someone else play the bad guy and call in the loan and G&H will default and get nothing. RBS also has very good reasons for not alienating the CIC, since the CIC is the largest investor in government debt in the world and the British government (which owns RBS) is quite good at spending money at the moment and needs a reliable source of credit.

Therefore, G&H had better stop asking for a ridiculous payout, because they could get nothing very easily. I expect a "settlement" that provides them a modest return on their investment - maybe 10% and the deal is done.

Some will say that the shareholders must approve the deal. This is likely true. But if the club defaults on the debt which is secured by the ownership in same club, then RBS are the shareholders - and they are likely to approve.

So, I think anyone is wise to threaten to negotiate directly with RBS, but Huang certainly has the most leverage (with CIC) is this game.

Lovely....
[/quote]

Am I the only one who thinks the talk of the hostile approach was all a PR stunt ?

Clearly Huang's backers are interested, but the talk of approaching RBS to ensure the Americans leave with nothing was music to a certain angry mob's ears. They've quite clearly been behind Huang from the beginning because he's made the right noises for them.

RBS came out immediately after the story and rubbished the hostile approach, then Huang effectively said don't believe everything that has been mentioned about his approach in the news.

People need to forget about it.

One other thing that bugs me is the fact that people's preference already seems to swing to the side that will leave the Americans with no profit, regardless of whether or not they are the people best placed to take the club forward. We should be concerned about the future of the club way ahead of what the Yanks come away with.

So far we've been kept in the dark in that regard, with the exception of a lot of PR rubbish. We know nothing about the bidders or their plans.
[/quote]

So Rosco, would you prefer that the Americans walk away with a profit? Frankly, after they dragged us through the mud and gutters, they deserve nothing at all. With regards to preference for the bidders, I do prefer the Chinese option simply because of the marketing opportunities and the possibilities in the East. However, in the bigger scheme of things our preferences don't matter. The Board will have to make the most significant decision in the history of our club because our future existence depends on it.

Of course we don't know anything about the bidders. The Board will be privvy to that information and are now seeking proof of funding. Nobody is getting ahead of themselves but we sure are relieved that there is movement in the right direction on the ownership issue. That is good enough for me. We've suffered long enough!

 

[Spionkop69]

I stopped reading after the words 'popular tabloid...'

 

[Richey]

[quote author=RolandG link=topic=41288.msg1149295#msg1149295 date=1281079012]


So Rosco, would you prefer that the Americans walk away with a profit? Frankly, after they dragged us through the mud and gutters, they deserve nothing at all. With regards to preference for the bidders, I do prefer the Chinese option simply because of the marketing opportunities and the possibilities in the East. However, in the bigger scheme of things our preferences don't matter. The Board will have to make the most significant decision in the history of our club because our future existence depends on it.

Of course we don't know anything about the bidders. The Board will be privvy to that information and are now seeking proof of funding. Nobody is getting ahead of themselves but we sure are relieved that there is movement in the right direction on the ownership issue. That is good enough for me. We've suffered long enough!
[/quote]

I would like the Yanks to make a profit simply because that would mean they are more likely to sell and do so quickly.

 

[kingjulian]

[quote author=Richey link=topic=41288.msg1149335#msg1149335 date=1281084752]
[quote author=RolandG link=topic=41288.msg1149295#msg1149295 date=1281079012]


So Rosco, would you prefer that the Americans walk away with a profit? Frankly, after they dragged us through the mud and gutters, they deserve nothing at all. With regards to preference for the bidders, I do prefer the Chinese option simply because of the marketing opportunities and the possibilities in the East. However, in the bigger scheme of things our preferences don't matter. The Board will have to make the most significant decision in the history of our club because our future existence depends on it.

Of course we don't know anything about the bidders. The Board will be privvy to that information and are now seeking proof of funding. Nobody is getting ahead of themselves but we sure are relieved that there is movement in the right direction on the ownership issue. That is good enough for me. We've suffered long enough!
[/quote]

I would like the Yanks to make a profit simply because that would mean they are more likely to sell and do so quickly.
[/quote]

They deserve what the asset is worth. Whether they were honest or not, does not figure in this equation. Unless there is an offer with the right valuation - the club will not be sold. They will find a way to take RBS out of the equation, if they have to. I'm sure the Americans have a few more plays left to protect their interest.