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.
