Takeover bid for Mersey Docks

Mersey Docks and Harbour Company has received a takeover bid from a private equity firm. The news caused shares in the Port of Liverpool owner to rise almost 10%, or 82p, to close at 933.5p. In a statement issued to the stockmarket late yesterday afternoon, MDHC said it had received a preliminary bid from a … Continued

Warning as stadium given green light

By Andy Kelly, Daily Post Liverpool FC last night admitted the cost of building its new 60,000 seat stadium had risen – and revealed it would pull out if the development threatened to over-extend the club. Chief executive Rick Parry said it was not just a question of whether the club could find the money, … Continued

Rooney money brings club back from brink

Business Editor Bill Gleeson assesses how the sale of Wayne Rooney to Manchester United has affected Everton’s finances The proceeds from the sale of Wayne Rooney together with retail entrepreneur Philip Green’s £15m credit facility have substantially improved Everton’s finances. Just a few days ago, the club was facing the possibility of administration within the … Continued

It may all be decided in the next 48 hours

By Liam Christopher, Daily Post Correspondent Everton chairman Bill Kenwright is hoping to hold the meeting that will secure £20m of new investment into his club in the next 48 hours. The meeting was due to take place on Monday but boardroom rival Paul Gregg called for a postponement to allow him more time to … Continued

Still working – the carpenter who scooped a £12.3m fortune

By Chris Johnson And Mark Hookham Daily Post Staff With a piece of wood tucked under his arm, Britain’s richest carpenter took his work home with him yesterday. As the National Lottery reaches its tenth anniversary this year, scores of instant millionaires will be thinking how the game has changed their lives. However, life for … Continued

Thailand PM deal is kept under wraps

By Bill Gleeson, Daily Post The details of the deal that would see Thailand’s Prime Minster invest around £60m in Liverpool FC remained shrouded in secrecy last night. Liverpool chief executive Rick Parry met Thaksin Shinawatra in Bangkok yesterday, (pictured), and is expected to return to Merseyside with a deal to put to the Anfield … Continued

Herlihy to quit KPMG

By Bill Gleeson, Daily Post Frank Herlihy is quitting the corporate finance arm of KPMG to join a Warrington boutique practice. Mr Herlihy is serving his notice as he prepares to join former KPMG colleague James Dow this summer. Mr Dow resigned from the partnership two years ago to start Dow Schofield Watts. Mr Dow … Continued

Technology on move

By Bill Gleeson, Daily Post A high-technology business has moved from Windermere to Merseyside to take advantage of substantial backing from Merseyside Special Investment Fund. PAV Data Systems expects that the expansion will result in around 30 new jobs on Merseyside over the next three years PAV designs and manufactures free space optical (FSO) equipment. … Continued

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