Liverpool Takeover Gets Closer As ‘Talks Over £3bn Agreement’ Held With Saudis And Qatar

Saudi Arabian and Qatari buyers are in talks with Liverpool about a potential £ 3 billion sale.

According to reports, Fenway Sports Group, the owners of Liverpool, is in negotiations with potential £ 3 billion buyers from the Middle East.

Following FSG’s sale of the Reds earlier this month, consortiums from Qatar and Saudi Arabia have expressed interest in purchasing the team.

FSG has welcomed interest as they seek to monetize the club they acquired from Tom Hicks and George Gillett for £300m in October 2010.

The Americans have helped Liverpool win its sixth Champions League title and end a 30-year league title drought, but they are now prepared to leave Anfield.

And according to the Mail, talks with representatives of Saudi and Qatari groups that have expressed interest in completing a takeover are currently taking place.

Officials from the consortium allegedly informed Mike Gordon, the FSG director in charge of overseeing the sale of Liverpool, of their intention to finalize a deal.

The two interested parties are private companies rather than being funded by their respective states, which dispels concerns about one of England’s most storied clubs becoming state-owned.

Both, though, are allegedly linked closely to the current governments in their respective countries.

Saudi Arabia’s interest shouldn’t be too shocking considering that Prince Abdulaziz bin Turki Al Faisal, the country’s Minister of Sports, encouraged bids for both Liverpool and Manchester United.

The Glazers, who have led United for 17 years, have joined FSG in their desire to leave the club in the upcoming months.

Prince Abdulaziz told Sky Sports that while he can’t speak for the private sector as a whole, there is a lot of interest, appetite, and passion for football.

If any [Saudi] private sector participates, they will unquestionably support it because we know that will benefit sports in the kingdom.

Liverpool may be concerned about United’s sudden availability despite the club’s divergent recent fortunes.

The report also states that the Red Devils are certain they can snare any prospective buyers from their enmity rivals.

Old Trafford is reportedly a more desirable option than Anfield because of United’s enormous global reach.

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