Monday, December 4, 2006

TAKEOVER??



Liverpool have taken a step closer to a takeover, according to reports on Monday.
The Anfield board have given permission to investment group Dubai International Capital to inspect the club's accounts, ahead of a potential £450 million takeover.

According to the Sun, Chairman David Moores has agreed to relinquish his 51 per cent stake in the club, but will retain his position along with Chief Executive Rick Parry.

The bid values the club at £170 million, but also includes a provision of £250 million for the club's proposed new stadium, £80 million for the club's current debt.

However, no deal will be completed before January, meaning manager Rafael Benitez will not have additional funds to strengthen his squad in the transfer window.
The club has been looking for backers for three years, and has come close to agreeing deals with local businessman Steve Morgan and now deposed Thai prime minister Thaksin Shinawatra.

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louis' comments...

i think it's a excellent time for liverpool to have some financial backup. a new stadium coming up and of course, in order to do well, we need better players and improve our facilities as well.

450 million ? that's alot of money. but of course, we have to make sure that the new boss is a football fan and of course a liverpool fan. we are a traditional club, and i truly hope after a new boss comes, the culture and traditions will still be there as always. of course, we should be moving forward and be a stronger and more powerful club in the coming years.

let's wait and see how's the takeover going to be like..

you'll never walk alone...

cheers,
9.00pm

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