Saudi to buy 50%??

[Scratch]

Thought it was obvious I was being too

And not sure how you can class it as racist considering I made no value judgements upon said picture.

Just seems strange that ethnic dress is out of bounds but raping children is an OK target for humour :/

But anyways....

Nicey's just upset cos once again PES ****s all over FIFA from a great height...he'll be right as rain once he gets over it.

[Bender]

An Indian billionaire is the latest wealthy individual to express an interest in investing in Liverpool.

Representatives of the unidentified man, who made his fortune in the energy industry, held talks with George Gillett Jr, the Liverpool co-owner, at a dinner meeting held at the Cipriani restaurant in Mayfair, Central London, on Sunday.

Gillett is following up the initial findings of Rothschild, the investment bank that he set the task of finding potential stakeholders in Liverpool. The American bought the club with Tom Hicks, his co-owner and compatriot, in February 2007.

Rafael Benítez, the Liverpool manager, dismissed fears that speculation about the club and their ownership could be a distraction to his team as they look to build on a run of six successive victories. “I spoke to George after the game against Hull on Saturday and all we talked about was football,” he said.
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Prince Faisal bin Fahd bin Abdullah al-Saud, a member of the Saudi Arabian Royal Family who claimed he is ready to offer up to £350 million for a 50 per cent stake in Liverpool at the weekend, has confirmed that a deal has been done with the Merseyside club that will lead to the opening of two academies, one in Saudi Arabia and the other in North Africa.

The agreement signed by Gillett and Prince Faisal on behalf of the F6 group he chairs will also extend the interests of the American’s Nascar franchise. “The memorandum of understanding with the George Gillett group will establish an exclusive partnership between F6 group, Liverpool FC and Richard Petty Motorsports team,” an F6 statement read. “His Highness Prince Faisal stated that the partnership with George Gillett’s group will be a good addition to F6. This partnership will provide a lot of investments in football, racing and sports media in Saudi Arabia and the Middle East.”

Barry Didato, a director of F6, claimed last night that Prince Faisal is carrying out due diligence with a view to buying all or part of Gillett’s shares.

Gillett is in Italy for Liverpool’s match against Fiorentina and has refused to speak on the record about his plans for the Anfield club or the possibility of incoming investment.

[Scratch]

An Indian billionaire is the latest wealthy individual to express an interest in investing in Liverpool.

Representatives of the unidentified man, who made his fortune in the energy industry, held talks with George Gillett Jr, the Liverpool co-owner, at a dinner meeting held at the Cipriani restaurant in Mayfair, Central London, on Sunday.....

.....Barry Didato, a director of F6, claimed last night that Prince Faisal is carrying out due diligence with a view to buying all or part of Gillett’s shares.

Gillett is in Italy for Liverpool’s match against Fiorentina and has refused to speak on the record about his plans for the Anfield club or the possibility of incoming investment.

So the Indian fella can't legally do anything whilst the Prince's group are in their period of exclusivity doing due diligence?

[Bender]

am pretty sure that is the way.....one party has the rights to the books.......[due dilligence]but i think investment is coming in one form or another

[Craig_H]

Even the most cynical side of me is getting hopeful.

[DannyMan2006]

Even the most cynical side of me is getting hopeful.

Hopeful of what though Craig?

I think any investment is likely going to be a minority 25% or the usual 50%, which would leave us in the same position we are in now.

Whilst Gillet has always showed signs of willing to sell for a lower price than Hicks. Would Hicks sell his shares for the same as Gillet? I'm not so sure. I reckon he wants a kings ransom for his shares. Also would any invester want 100% of the club, or are they just happy to sit back and rake in the money and fame for being part owner of LFC?

I bet the Prince Faisal fella is getting loads of press attention, wonder if he loves the attention or not.

[Pablo]

Hopeful of what though Craig?

I think any investment is likely going to be a minority 25% or the usual 50%, which would leave us in the same position we are in now.

Whilst Gillet has always showed signs of willing to sell for a lower price than Hicks. Would Hicks sell his shares for the same as Gillet? I'm not so sure. I reckon he wants a kings ransom for his shares. Also would any invester want 100% of the club, or are they just happy to sit back and rake in the money and fame for being part owner of LFC?

I bet the Prince Faisal fella is getting loads of press attention, wonder if he loves the attention or not.

Based on his flash clothes he was wearing in those pics I would say he is revelling in it.

[Bender]

Even the most cynical side of me is getting hopeful.

[Craig_H]

Hopeful of what though Craig?

I think any investment is likely going to be a minority 25% or the usual 50%, which would leave us in the same position we are in now.

Whilst Gillet has always showed signs of willing to sell for a lower price than Hicks. Would Hicks sell his shares for the same as Gillet? I'm not so sure. I reckon he wants a kings ransom for his shares. Also would any invester want 100% of the club, or are they just happy to sit back and rake in the money and fame for being part owner of LFC?

I bet the Prince Faisal fella is getting loads of press attention, wonder if he loves the attention or not.

Hopeful of getting the yanks out - 25%, 50% or whatever is still a step in the right direction.

[Bender]

Based on his flash clothes he was wearing in those pics I would say he is revelling in it.

on the radio this morning they said his personal wealth is in the £Billions

[Roboklopp]

Not really excited- been burnt to foten & the logistics of this seem a real issue.

[BigChief]

on the radio this morning they said his personal wealth is in the £Billions

Really? A Saudi Prince. Billions? Did they also profer information whether the pope really is a catholic and the thing about bears too?

[EwarWoo]

Even the most cynical side of me is getting hopeful.

Same. But I still get the feeling it'll just mean I'll be more gutted when it falls through again.

[Bender]

Really? A Saudi Prince. Billions? Did they also profer information whether the pope really is a catholic and the thing about bears too?

whatever your smoking STOP !

[dww]

Wait a second. Saudi's don't follow human rights and have links with terrorism and it's a no-go yet George Hicks is an ally and has funded George Bush's campaign and it's all gravy?

Stinks of double standards.

Because no one ever criticises G&H for that do they? No one ever really liked the politics of G&H as far as I can tell and many people have complained about it.

Obviously it is a personal judgement and a grey area but there is a distinction to be made between those in power and those who vote them in. If they are allowed to vote some one in that is. I'm honestly not sure where this Prince sits in the scheme of things but I don't see why we shouldn't be allowed to question his record on things like this.