Rick Parry is confident that Dubai Investment Capital's bid to
take over Liverpool will go through.
The Premiership club have spent the past month in talks with the
group regarding a reported £450million Anfield takeover.
Reds chief executive Parry confirmed the negotiations have been
progressing satisfactorily and hopes a decision will be made
shortly.
"A huge amount of work has been going on from both parts," Parry
told Radio Five Live's Sportweek. "I imagine we'll have something
concrete to say relatively soon on that.
"They are finalising all the legal work. They have been examining
the books and satisfying themselves that everything is fine on that
score.
"There is a lot of legal work to do and investigations going on
into the funding of the new stadium, which is a very important
project for us.
"It is a case of finalising the due diligence and pulling
everything together, which we hope will be completed relatively
quickly.
"It is looking positive and yes, I am confident."
Parry also believes that DIC are investing in Liverpool with a view
to creating long-term success for the club.
He added: "They will certainly help take us to the next level.
Their whole business model, with the new stadium at the centre, is
based on success and that you have to invest to stay at the
top.
"It's not going to be a rich man's plaything. It is not a quick
fix. It is not about rushing out to buy players for success this
season or next season. It is about securing a model for long-term
success.
"It helps that most of the key people we have been dealing with are
genuine Liverpool supporters, so they understand what we are
about."