Thursday, March 28, 2024

Liverpool talks near ´final stage´ – Saudi prince

SoccerNews in English Premier League 14 Oct 2009

86 Views

Saudi Prince Faisal bin Fahd bin Abdullah said on Wednesday that talks over his F6 company buying a major stake in Liverpool are nearing conclusion, as club co-owner George Gillett visited Riyadh.

“Our negotiations to buy shares in Liverpool are ongoing, meetings are taking place and we might be in the final stages in the coming days,” Prince Faisal told AFP.

Gillett, one of the two US owners of the legendary but heavily-indebted English team, was in Riyadh mainly to discuss a project regarding the creation of Liverpool soccer academies around the region, Prince Faisal said.

In recent weeks, both parties have admitted that potential investment from Faisal has been firmly on the agenda.

Gillett and club co-owner Tom Hicks have been seeking new investment in Liverpool after refinancing some of its large debt during the summer.

The two met with Prince Sultan bin Fahd, president of the Saudi Youth Welfare organisation and chairman of the Saudi League, on Wednesday.

“The purpose of the visit of the owner of Liverpool Football Club to Saudi Arabia is to understand the sports industry and to learn about the facilities and the potential of the main clubs in order to set up the Liverpool Academy in Saudi Arabia,” Prince Faisal said.

The agreement between F6, a sports marketing and investment firm controlled by Faisal, would also provide opportunities for young Saudi players to train at Liverpool, he said.

ABOUT THE AUTHOR

SoccerNews

Soccernews.com is news blog for soccer with comprehensive coverage of all the major leagues in Europe, as well as MLS in the United States. In addition we offer breaking news for transfers and transfer rumors, ticket sales, betting tips and offers, match previews, and in-depth editorials.

You can follow us on Facebook: Facebook.com/soccernews.com or Twitter: @soccernewsfeed.

SHARE OR COMMENT ON THIS ARTICLE

WE RECOMMEND

Leave a Reply

Your email address will not be published. Required fields are marked *

This field is required *

Join the conversation!

or Register

Live Scores

advertisement

Betting Guide Advertisement

advertisement

Become a Writer
More More
Top