http://soccernet.espn.go.com/news/story?id=680200&sec=england&cc=5901 A Saudi prince has revealed that he is set to make a significant investment in an English side, amid reports that Liverpool's owners are prepared to sell a 50% stake in the club. GettyImages Hicks and Gillett: Owners of Anfield. Prince Faisal bin Fahd bin Abdullah has been linked with a bid, in order to help balance the books at Anfield, as Liverpool are experiencing financial difficulties under the ownership of American duo Tom Hicks and George Gillett. "We are currently seeking to buy 50% of the shares in the club which is now suffering with debts worth £245 million," Fahd bin Abdullah, who chairs private firm F6 and a Saudi-based holding firm called Fama Group, was quoted as saying in Al-Riyadh. "The transaction, upon which a decision is close to be reached, will be worth 200 to 350 million pounds." A spokesman for Fama has declined to comment on the matter, but it appears that the Premier League could be set to welcome further money from the Middle East after the success of the Dubai-based takeover of Manchester City.
Soon the whole EPL will be owned by foreigners, mostly from the East. And even more astounding is that none of you EPL fans seem to have a problem with it, like Pool fan above celebrating the idea. Guess the desperation for success justifies it in the minds of the fans, but many clubs will suffer for their greed down the line.
i want the arabs to stay away from Arsenal, I didnt like it when the Russian oil billionaire tried to buy over half the shares, I dont want to be a team that just buys everyone
They aren't going anywhere. Now Pool is going to be half-owned by those douchebags and half-owned by some high rolling Saudi prince whose unearned fortune is based on a finite resource. I understand the need to service debt and get some transfer pony, just saying many of these clubs will regret this decision if it takes 50-100 years.
I wish every program could aspire to selling out to towel heads because they can't run the club in a fiscally sound manner.
Barca runs a fiscally sound team. Your debt value is at like 59% and Barca's is at 7% Any more brain busters, jackass?
Remember that one time, when you said that Liverpool was better than Barcelona now, and better than Barcelona has ever been? Yeah....I do too. Thinking back on it still gives me a hearty chuckle.
Sorry, last 20 years. My mistake. Was going crazy because of your implication that Liverpool are the better team right now.