Tuesday 16 September 2008

Buying Liverpool Is Personal Ambition For Ruler Of Dubai?

Liverpool are still a target for the moneymen of Dubai, despite Dubai International Capital releasing a statement on Monday distancing themselves from the Merseyside club, along with troubled Newcastle United.

It now appears that the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum has made the purchase of the Premier League side a personal ambition rather than a government one, with it understood that there is an offer on the table for Anfield co-owner’s Tom Hicks and George Gillett, but the Americans are unwilling to sell at the price on offer, according to The Liverpool Echo.

However, sources close to the co-owners have told the Echo that the Americans would be willing to walk away from the Reds if they could net a £100million profit each, but Dubai will not pay this either.

Meanwhile, it is also claimed that Hicks approached Manchester City’s new owners the ADUG, before they took over at the Eastlands Stadium, but had his proposal turned down, with it not known if the American was selling the entire club or a small share.

Hicks and Gillett are due for refinancing on their £350million loan in January with it believed that this will cause problems for them in the current financial climate.

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