KUWAIT - A group of investors including a member of
Kuwait's al-Kharafi business family could revive interest in
Premier League football club Liverpool if owners lower the asking
price, according to one of the investors.
In January, Tom Hicks and George Gillett, Liverpool's American
owners, were in talks to sell the club for 500 million pounds
($711.2 million), including debt to the group of Kuwaiti and
non-Kuwaiti investors.
Refad al-Kharafi told Reuters his investor group could be
interested if the owners were willing to negotiate their valuation,
but "it remained a group decision".
"This is a good opportunity if the price is right... If they
changed the price, probably investors (in general) will be
interested," Kharafi said on Monday.
The original negotiations broke down as the price was "not
realistic today" given the global economic downturn and lack of
liquidity, he said.
"Last time we talked with them was at the end of January. Their
price did not change til today. It's not reasonable," he said.
He did not identify the other group members.