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Liverpool 'close' to completing Dubai-based takeover deal

Published 25/01/2007

Liverpool sources say they are close to completing a £450m takeover deal with the Dubai International Capital group.

The sources say the deal could be confirmed within a matter of weeks.

The comments come despite claims from an American bidder that he is about to start an examination of the Anfield club's books.

George Gillett, the owner of Montreal Canadiens ice hockey club, has already had takeover bid rejected by Liverpool.

Liverpool sources insisted "it doesn't matter" if Gillett assesses the club¿s books as they are looking to proceed with the deal with Dubai International Capital.

A source said: "It doesn't matter what George Gillett does, he is able to see the club¿s books because he is a bidder for the club. The club will continue working with DIC and are close to a satisfactory conclusion."

A successful deal with DIC would mean work on the club’s new stadium in Stanley Park could begin in March, with a two-year completion date.

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