News Headline
Dubai eyeing a stake in Liverpool Football Club
MUMBAI: Liverpool could be the next English football club with foreign owners. Dubai International Capital (DIC) is said to be in talks to take it over.
Media reports state that Dubai has entered into a period of exclusive negotiations with Liverpool Football Club and Athletic Grounds about a possible investment in the club. The Times of London reported that Liverpool was close to accepting a 450 million pound deal from DIC.
“Under the deal DIC will take on 80 million pounds in Liverpool debt, and provide the club with up to 200 million pounds for a new 60,000 capacity stadium.
