Another one bites the dust
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Posted 15/01/2007 15:19:14


Cloudy's back

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Last Login: 22/07/2008 18:04:58
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Last Updated: Monday, 15 January 2007, 14:23 GMT
Liverpool close to £156m takeover
By Mihir Bose
BBC sports editor

Liverpool
Liverpool are on the verge of agreeing a £156m takeover by the investment arm of Dubai's government.

The club's board of directors will discuss the final proposals by the Dubai International Capital Group at a meeting on Tuesday.

The deal, which will net chairman David Moores more than £75m, is close to bring completed, but is not expected to be finalised until next week.

Moores, who owns 51.6% of shares, made an initial investment of around £10m.

DIC has almost completed its due diligence, but Liverpool are keen to get the deal done in time to allow them to bring in some new players before the closure of the transfer window on 31 January.

It is unclear what level of investment in players will be made available to manager Rafael Benitez should the deal go through.

On Sunday, Liverpool chief executive Rick Parry said the deal was "not a quick fix, a rich man's play-thing. It's a long-term model for success, based around the new stadium".

"This will take us to the next level," he added.

So who is that in foreign ownership now then?

Chavs, Rags, Villa, Portsmouth, Liverpool......any more?


Avoid, rather than check. Check, rather than hurt. Hurt, rather than maim. Maim, rather than kill. For all life is precious, nor can any be replaced.
Post #29676
Posted 17/01/2007 12:34:39


Premiership Poster

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Last Login: 02/05/2008 09:58:40
Posts: 1,529, Visits: 1,429
West Ham


Sometimes I wish that I could stop you from talking when I hear the silly things that you say
Post #30084
Posted 17/01/2007 12:36:25


Cloudy's back

Cloudy's backCloudy's backCloudy's backCloudy's backCloudy's backCloudy's backCloudy's backCloudy's back

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Last Login: 22/07/2008 18:04:58
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Born Unlucky (17/01/2007)
West Ham

Whey heh! A reply!!!

Thanks BU.

I was thinking Fulham qualify too as Alf doesn't have a passport does he?


Avoid, rather than check. Check, rather than hurt. Hurt, rather than maim. Maim, rather than kill. For all life is precious, nor can any be replaced.
Post #30087
Posted 18/01/2007 12:17:27


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Cloudy O'Reyna (17/01/2007)
Born Unlucky (17/01/2007)
West Ham

Whey heh! A reply!!!

Thanks BU.

I was thinking Fulham qualify too as Alf doesn't have a passport does he?



You're very welcome.



Sometimes I wish that I could stop you from talking when I hear the silly things that you say
Post #30386
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