KopTalk.com Forums Football Liverpool FC Forum Cash Injection Coming?

guardian.co.uk, Wednesday 16 December 2009 01.48 GMT

Liverpool close to securing £124m of new investment

The Liverpool co-owner George Gillett held talks with potential investors in London last week over selling a share of Liverpool for around £124m.

A list of around half a dozen investors has been compiled, according to the Daily Telegraph, who would offer Gillett and his co-owner Tom Hicks around £62m each for a share in the club.

Liverpool's debt currently stands at around £240m, while plans to develop a new stadium remain stalled. Last month Gillett sold the Montreal Canadiens for £333m although it is not thought likely any of the money will go into Liverpool.


Here we go again!

If true it’s intriguing, £124m is not a lot in the scheme of things. Is the money for players or financial restructuring? Six or more investors is a lot are they individuals or institutions and what is their objective?

To be honest, I don't want to get my hopes up again. I hope something good will happen with regard to investment or take-over.
I just wonder why there is so much paper talk about investment all of a sudden? Are they all jumping on the band wagon to sell papers or is it a case of 'if there's smoke'?

The Telegraph says Liverpool co-owners George Gillett and Tom Hicks are closing in on a deal that will see them sell a significant share in the club to a new investor for around £124 million.

Gillett was in London last week to hold talks with potential investors, and Liverpool managing director Christian Purslow is understood to have held talks with a number of candidates interested in taking an equity stake in the club.

A long-list of around six serious investors has been compiled with two or three proposals thought to be particularly strong, offering the owners around $100 million (£62 million) each for a share in the club.

It is yet to be decided precisely what stake the two owners are willing to sign over to a new investor, but they are expected to each offer the same share so that they retain parity on the new board.

Ras al-Khaimah is the rumour anyone know anything about them

Ras al-Khaimah (Arabic: رأس الخيمة‎, rās al-Khaymah, literally "The Top of the Tent") is one of the emirates of the United Arab Emirates (UAE), in the southwest of the Persian Gulf. It is in the northern part of the UAE bordering Oman. The emirate has a population of about 300,000 inhabitants. It covers an area of 656 square miles (1700 km²), mostly desert. The emirate is ruled by Sheikh Saqr bin Mohammad al-Qassimi.

The capital city and home of most residents is also called Ras al-Khaimah. The city has a population of 263,217 as of 2008.[1] The city has two main sections, Old Ras Al Khaimah and Nakheel, on either side of a creek. It is served by the Ras Al Khaimah International Airport in

http://www.entrepreneur.com/tradejournals/article/62557951.html

I hope the link works. It gives a detailed discription of how the Sheikh has done business over the years and where most of the family's money is made.

thanks for that its supposedly there ruling family

Sheikh Sultan Bin Saqr Bin Mohammed Al Qasimi has died
by Elsa Baxter on Friday, 11 December 2009

How does this affect things?

and thats just his first name