Monday, May 24, 2010

DIC back in takeover talks with Liverpool worth £500million

Dubai International Capital are back in takeover talks with Liverpool worth £500million.
It will be all change at Anfield over the coming weeks with unpopular American owners George Gillett and Tom Hicks relinquishing control and the club being forced to find a new boss, with Rafa Benitez moving on to Juventus.
DIC, the investment arm of Dubai’s ruling family led by Sheikh Mohammed bin Rashid Al Maktoum, are the front runner in the process to agree a deal with Gillett and Hicks.
DIC attempted to purchase the club in 2007 when major shareholder David Moores declared he was open to offers but then former chief executive Rick Parry recommended a sale to the Americans.
They were also in negotiations a year later to buy Gillett’s 50 per cent shareholding only for talks to break down. Now it could be third time lucky for Sheikh Mohammed, a regular visitor to this country through his passion for horse racing. DIC will also commit funds to build the much-anticipated new ground and make a considerable sum of money available for transfers.

No comments:

Post a Comment