[quote author=Skullflower link=topic=36079.msg952411#msg952411 date=1254088741]
Neither George Gillett Jr nor Tom Hicks, the co-owners of Liverpool, is expecting imminent investment in the club from Prince Faisal bin Fahd bin Abdullah al-Saud, a member of the Saudi Royal Family, despite reports to the contrary over the weekend.
Hicks and Gillett are in ongoing talks with a number of potential third-party investors as they seek first to reduce Liverpool’s £250 million debt and second to bring in the kind of sizeable cash injection needed to finance the club’s move from Anfield to a long-planned new stadium on nearby Stanley Park.
Prince Faisal, who visited the club’s academy in Kirkby on Saturday before attending Liverpool’s home match against Hull City, is the latest potential investor to express an interest in taking a stake in the club and his public admission to this effect has come as a surprise to Hicks in particular, but also to Gillett.
According to a report in Saudi Al-Riyadh, the newspaper, Prince Faisal, who chairs Fama Group, the Saudi holding company, and the F6 Sports Investment Firm, is willing to take a stake in Liverpool of up to 50 per cent for a fee in the region of £200-350 million.
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The high-profile nature of his reported interest, which began on Friday night with a news item on television in Saudi Arabia, has taken the Liverpool hierarchy aback, particularly Gillett who invited Prince Faisal to Merseyside as his guest to open negotiations about proposed Nascar and Liverpool academy initiatives in the Middle East. Gillett is holding talks with a number of interested parties at present and, as yet, there is still to be an official approach from Prince Faisal or any other members of the Saudi Royal Family.
In the past two years, Hicks and Gillett have entertained a number of potential investors at Anfield, but a deal is yet to materialise and The Times understands that Gillett held talks with another interested party in London last night.
Gillett’s visit to Merseyside was not without controversy as members of the Spirit Of Shankly (SOS) fans group, which has long been opposed to his and Hicks’s regime, protested against the American ownership of Liverpool at the club’s Melwood training ground.
An attempt to stage a similar protest at Anfield during the Hull game was stifled when flags and banners criticising Hicks and Gillett were seized by Merseyside Police shortly after they were unfurled in the Kop stand.
[/quote]
It's quite comical all this. Poor old Tom and George. What do they really want?
Do they want to sell up for the right price make a good profit and get off?
Do they want to sell a chunk to ease the debt issues and start building?
None of the above, keep it for the long term
or do they both want completely different things.
If they weren't even trying to sell the idea to the Saudi's they have done a cracking job, just wait until they do want to sell a chunk, the Arabs will be putty in their hands.
Or is the clever A-rab calling their bluff?
Or is it all press bollocks?
So many questions
time will tell
regards
Neither George Gillett Jr nor Tom Hicks, the co-owners of Liverpool, is expecting imminent investment in the club from Prince Faisal bin Fahd bin Abdullah al-Saud, a member of the Saudi Royal Family, despite reports to the contrary over the weekend.
Hicks and Gillett are in ongoing talks with a number of potential third-party investors as they seek first to reduce Liverpool’s £250 million debt and second to bring in the kind of sizeable cash injection needed to finance the club’s move from Anfield to a long-planned new stadium on nearby Stanley Park.
Prince Faisal, who visited the club’s academy in Kirkby on Saturday before attending Liverpool’s home match against Hull City, is the latest potential investor to express an interest in taking a stake in the club and his public admission to this effect has come as a surprise to Hicks in particular, but also to Gillett.
According to a report in Saudi Al-Riyadh, the newspaper, Prince Faisal, who chairs Fama Group, the Saudi holding company, and the F6 Sports Investment Firm, is willing to take a stake in Liverpool of up to 50 per cent for a fee in the region of £200-350 million.
Related Links
The high-profile nature of his reported interest, which began on Friday night with a news item on television in Saudi Arabia, has taken the Liverpool hierarchy aback, particularly Gillett who invited Prince Faisal to Merseyside as his guest to open negotiations about proposed Nascar and Liverpool academy initiatives in the Middle East. Gillett is holding talks with a number of interested parties at present and, as yet, there is still to be an official approach from Prince Faisal or any other members of the Saudi Royal Family.
In the past two years, Hicks and Gillett have entertained a number of potential investors at Anfield, but a deal is yet to materialise and The Times understands that Gillett held talks with another interested party in London last night.
Gillett’s visit to Merseyside was not without controversy as members of the Spirit Of Shankly (SOS) fans group, which has long been opposed to his and Hicks’s regime, protested against the American ownership of Liverpool at the club’s Melwood training ground.
An attempt to stage a similar protest at Anfield during the Hull game was stifled when flags and banners criticising Hicks and Gillett were seized by Merseyside Police shortly after they were unfurled in the Kop stand.
[/quote]
It's quite comical all this. Poor old Tom and George. What do they really want?
Do they want to sell up for the right price make a good profit and get off?
Do they want to sell a chunk to ease the debt issues and start building?
None of the above, keep it for the long term
or do they both want completely different things.
If they weren't even trying to sell the idea to the Saudi's they have done a cracking job, just wait until they do want to sell a chunk, the Arabs will be putty in their hands.
Or is the clever A-rab calling their bluff?
Or is it all press bollocks?
So many questions
time will tell
regards
