Kirdi-fronted Canadian's near Reds buyout
By Mark Allaway
Wednesday 04 Aug 2010 19:48:00
Browse all Takeover News articles
 

A Canadian consortium lead by Syrian businessman Yahya Kirdi is in the 'final stages' of completing the purchase of Liverpool Football Club from current owners George Gillet and Tom Hicks.

The American duo have listed the club for sale for three months and now after interest from several other groups, including Chinese group QSL Sports Investments, Kirdi's group appear to be the front-runners.


Advertisement

 


The group is understood to have agreed a re-financing plan to clear the club’s debt and is now negotiating the buyout price from the duo.

Kirdi told the BBC: "Agreement has been reached on all major terms including the purchase price, repayment of the existing bank debt and financing of a new stadium in Liverpool's Stanley Park.

"A formal purchase agreement between the parties is in the final stage of negotiation," Kirdi went on.

But it appears the club is not Kirdi's just yet as Huang has not given up on investing, with a statement from his Hong Kong office reading: "Mr Huang would like to emphasize that he has registered interest in investing in Liverpool FC but has made no formal bid."

The takeover news comes on the back of an increasingly good summer for the Reds, as new manager Roy Hodgson has taken over, brought in England International Joe Cole and ensured the commitment of Steven Gerrard and Fernando Torres in recent weeks. 

 

Support England on FansOnline
England FansOnline logo


To rate this article select the number of stars you think perfectly rates this article.
Current overall rating after 0 votes: 0.00
12345678910
Are You A Potential FansOnline Site Manager?
If you would like to run a site for a team not already featured on FansOnline, please get in touch and we will be happy to create the site for you.

Click here to contact us if you have what it takes to become a fansonline site manager

Advertise On Fansonline.net
Showcase your products and services to our members at some of the best rates in the industry.

With various advertising opportunities and placements why not get in touch to discuss your requirements today?

Click here to contact us to discuss your advertising needs.


Fansonline Home | About Fansonline | Contact Fansonline | Privacy Policy | TOS

Copyright © 2008 to 2020 Fansonline.net Ltd
FansOnline.net Ltd
UNIT 7
Brentnall Center
Gilkes Street
Middlesbrough
Cleveland
TS1 5AP