Proposed takeover deal from Dubai-based consortium would include new £200m stadium for football club
Liverpool Football Club are reportedly close to accepting a takeover deal from a Dubai-based consortium, which would include £200m to build a new stadium.
The proposed deal would either see the Dubai International Capital group formally takeover the club, or take control as majority shareholders. Although the exact terms of the £450m approach are unclear, it will include £200m to fund a new 60,000-capacity stadium.
Newspaper reports this morning suggest that Dubai International Capital group will be allowed to begin the due diligence process this week, which would give them exclusive rights to studying Liverpool’s accounts with a view to finalising a deal.
American billionaire George Gillett and property tycoon John Miskelly are also thought to be interested in a takeover.