Sunday, September 27, 2009

Saudi prince in talks for 50% stake in Liverpool FC...

A Saudi prince is negotiating to buy a stake in Liverpool Football Club, his office said on Sunday, in a deal the media said could be worth as much as 350 million pounds (559 million dollars).

Prince Faisal bin Fahd bin Abdullah, a businessman based in Al-Khobar in eastern Saudi Arabia, is currently discussing the deal with the owners of Liverpool, Azhari Kowa, a spokesman for the prince's Fama Group, said.

"Prince Faisal is in London now discussing the purchase," Kowa said, without elaborating.

Al-Riyadh newspaper reported earlier on Sunday that the prince was negotiating with the heavily-indebted English club's US owners for a 50-percent stake. More...

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