Sahara clear the way for main contenders

09 August 2010 18:00
The announcement by Indian conglomerate Sahara Group that they were not following through their interest in Liverpool to the bidding stage is likely to have little impact as the process gathers pace this week. Sahara boss Subrata Roy, in conjunction with fellow Indian billionaire Mukesh Ambani, was linked with investing in the Merseysiders earlier this year. However, their names were not among those considered to be serious contenders when the interest began to intensify in the last fortnight. "The deal for the acquisition of Liverpool Football Club was in our consideration in the recent past," said head of corporate communications Abhijit Sarkar in a statement to Bloomberg. "However, after considering all related factors, we have decided not to go ahead with it, at least for the time being."

Source: PA