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Old 4th August 2010, 05:13 PM   #1 (permalink)
tcd
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Twist in Liverpool takeover

Liverpool have witnessed a twist in their takeover saga after the emergance of reports that a consortium of Arab and Canadian businessmen are in advanced discussions with the Premier League club.

Kenny Huang was thought to be in pole position to buyout American duo George Gillett and Tom Hicks at Anfield, and Sky Sports News reported on Tuesday that the Chinese tycoon had made a formal offer.

But now a group containing investors from the Middle East and Canada, fronted by former Syria international Yahya Kirdi, are said to be finalising a purchase price, repayment of debt and financing for Liverpool's planned new stadium in Stanley Park.

Co-owner Gillett is understood to have introduced Kirdi, a Unicef representative, to senior Anfield staff and the Royal Bank of Scotland, to which the club owes a reported £250million.

Sky Sports News have quoted Kirdi as saying: "Liverpool is a massive football club with passionate and proud fans in Merseyside and in every part of the world.

"With additional money to improve the squad and financing in place to build the new stadium, Liverpool will be on a solid foundation to compete in the Premiership and in Europe for years to come."

Gillett and Hicks put Liverpool up for sale in May and appointed Martin Broughton as chairman to oversee the process and Barclays Capital has been hired to assist.

Liverpool also received a major boost on Tuesday when star striker Fernando Torres confirmed that he wanted to stay at the club.

Source: http://www.skysports.com/story/0,195...293794,00.html

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