Liverpool Subject Of £700 Million Middle Eastern Takeover

Daily Star: Premier League club Liverpool are being lined up for a £700m Middle Eastern takeover.

According to reports, Manchester City’s owner Sheikh Mansour’s wealthier half-brother, Sheikh Khalifa, has set his sights on buying Liverpool.

Current president of the United Arab Emirates, Sheikh Khalifa is rumoured to be worth in excess of £30bn and has more than £700m in the bank waiting to complete a deal.

There have been suggestions that he would be prevented from buying the club due a conflict of interest with Sheikh Mansour.

However, there is nothing to stop such a deal going through, with a Premier League spokesperson confirming: “There is no Premier League rule in terms of relations owning different clubs.”

Liverpool are valued at around £650m after Fenway Sports, an American sports investment company, purchased the club from previous owners Tom Hicks and George N. Gillett, Jr. for £300m in October 2010.