Saudi to buy 50%??

[joyno]

Syriana?

[wavydavy]

Syriana?

Another CM? Is he any good?

[tiktu]

Another CM? Is he any good?

Yeah, ladies will love him as he looks quite like George Clooney. Bad thing is that he has habit off robbin casinos in his spare time.

[Jayesh87]

Saudi prince set to invest

Reports suggest Reds owners set to sell 50 per cent stake


A Saudi prince has revealed that he is set to make a significant investment in an English club.

Reports suggest that the side in question is Premier League giants Liverpool, who are currently experiencing financial difficulties under the ownership of Tom Hicks and George Gillett.

It is believed that the American duo are prepared to sell a 50 per cent stake to Prince Faisal bin Fahd bin Abdullah in order to help balance the books at Anfield.

"We are currently seeking to buy 50 per cent of the shares in the club which is now suffering with debts worth £245million," Fahd bin Abdullah, who chairs private firm F6 and a Saudi-based holding firm called Fama Group, was quoted as saying in Al-Riyadh.

"The transaction, upon which a decision is close to be reached, will be worth 200 to 350million pounds."

A spokesman for Fama has declined to comment on the matter, but it appears that the Premier League could be set to welcome further money from the Middle East.

Manchester City were acquired by the Abu Dhabi United Group last summer and have benefitted considerably from that deal.

Sky

[Bender]

Won't happen

[wavydavy]

Too risky for the Yanks to stick around indefinately IMHO. Top 4 (CL£££) is no longer the certainty it was. Hicks is struggling to stay in the game by the look of it. Something WILL give sooner or later.

[dom9]

Another CM? Is he any good?

Very good.

[Shanks]

Won't happen

because...?

[flyboy]

time to get rid of the trash we have at the club if it does happen

[Bender]

Because this is episode 98 in the show called New investor at Liverpool fc......besides the prince might persuade gillette but how often have we seen one of the two muppets satisfied but only for the other to vetoe the deal !

[nebbers]

Let me get the 50% right in my head... Is Gillette selling 50% of his stake, therefore 25% in the club, or are both Gillette and Hicks selling 50% each, giving the new investor 50% and a controlling majority of the club where Gillette and Hicks retain 25% each?

[cream]

Here's some official confirmation

http://www.google.com/hostednews/afp/article/ALeqM5hWYmnjE4O6WemJiGsP5FB0bxkiJw

Looks like things are moving quickly.

[Redspin]

I heard there's going to be some announcements later next week.

Er...yes, but you said with equal conviction in April that there would be a big announcement on April 19. So is your latest pronouncement as rock-solid as that one?

[cream]

I know for 100% that we've agreed on a partnership with regards to setting up acadamies in the middle east, we will hear about them this coming week.

[Dirk07]

My girlfriend tells me that elmlea isnt proper cream