Liverpool takeover still alive with Kuwaitis to meet Tom Hicks in 'next two weeks'

08 March 2009 14:54
Hicks and George Gillett purchased Liverpool in February 2007 but their relationship has since deteriorated and, with a £350 million bank loan required to be repaid or refinanced in the next four months, an investor or outright buyer is being sought. Abdulla Al-Sager, who is representing his family in the talks, said a meeting with Hicks in Texas is imminent after last week insisting the Americans were asking for "too much" to invest in the Anfield club. "They are willing to negotiate and we are negotiating and will continue to do so in the weeks to come," Al-Sager said. "We are serious and things can change." Al-Sager, who was at Liverpool's 2-0 win over Chelsea on February 1 along with Rafed Al-Kharafi, a member of one of Kuwait's richest families, did not reveal the size of the stake to be discussed, but hinted the group would be prepared to work with Hicks. "Hicks and his team are nice people and unbelievably humble," he said. "We are huge supporters and we definitely want something to happen." The Americans' time at Anfield has been beset by off-field troubles, notably the contract wrangle with manager Rafael Benitez and the construction of the club's new stadium in Stanley Park, which has been delayed due to the global economic crisis. However, Al-Sager is hopeful of galvanising the club. "We want to build the new stadium in Stanley Park and make the team do really well," he said.

Source: Telegraph