Kuwait's Al-Kharafi family is preparing a £500 million offer for Liverpool Football Club, it has been reported.
The Al-Kharafi fortune was made in a number of different areas, including fast food, construction, banking, engineering and telecommunications, and it now appears that some of this money will be invested into English football's most successful club.
While Liverpool's current owners - Americans Tom Hicks and George Gillett Jr - have not publicly declared their intention to sell, it is understood that negotiations have already taken place.
These are said to have been between Hicks, commercial director Ian Ayre, financial director Phillip Nash and the Al-Kharafi family.
While Gillett has not been involved, he is thought to be open to the idea of a sale and is not expected to block the deal, as Hicks did when his partner attempted to sell his stake to DIC Capital last season.
Liverpool's current owners have not proved popular with the fans, with many unhappy about the club being saddled with debt by Hicks and Gillett as a way of financing their takeover.
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21 October 2010
21 October 2010
21 October 2010
20 October 2010
20 October 2010
