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Footie Chat He was NEVER offside...

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Old 04-12-06, 10:21 PM   #1 (permalink)
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Default Reds revel in £450m takeover talk

Liverpool manager Rafa Benitez has welcomed the news that the Premiership club is poised for a £450m takeover.

Dubai International Capital (DIC), the investment arm of Dubai's government, confirmed on Monday that they were in talks about a possible buy-out.

"I have talked to the chairman (David Moores) and chief executive (Rick Parry) about this and I was pleased with what I heard," said Benitez.

"It is always good for a club to have more money and more possibilities."

Liverpool, five-times European champions, have given DIC permission to carry out a complete study of the club's financial records ahead of a possible takeover bid.

The proposed deal is expected to include £200m to build a new 60,000-capacity stadium.

Source: BBC

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Sounds like this one might go through!
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