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Scum takeover

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Plot thickens...


I'm no marriage counsellor! Saudi prince warns Liverpool owners to reduce debt and end feud before he'll invest
By Sportsmail Reporter
Last updated at 12:59 PM on 08th October 2009
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Liverpool have been warned that Prince Faisal bin Fahad bin Abdulla will walk away from a deal to buy the club unless debts are reduced at Anfield.
Barry Didato, director of strategic investments for the Saudi prince's investment vehicle F6, says that Prince Faisal may consider buying out the shareholdings of co-owners George Gillett and Tom Hicks in full.
He is understood to be currently talking to Gillett only, with reports saying the American reportedly prepared to fly to the Middle East next week to sell his 50 per cent of the Reds.
However, talking to BBC Sport, Didato warned: 'His Highness's shareholding could go from anything from nought to 100 per cent.
'But he cannot be seen as a solution to the debt or problems in the existing relationship between the owners.
'His Highness would not want to get involved in the (problems between the pair), he is not a marriage counsellor.
'The debt has to be at a manageable level before Prince Faisal would invest and the current level is high.
'He cannot be looked to as someone who is going to clean up the balance sheet - Gillett has to deal with this.'
Gillett and Hicks last week issued a joint statement, stressing that any talks to bring in new investment were 'at an early stage'.
Gillett stated earlier this week that Liverpool are in an 'extraordinarily good financial condition', better than Manchester United, Chelsea or Arsenal.


Read more: http://www.dailymail.co.uk/sport/football/article-1218963/George-Gillett-heading-Saudi-Arabia-sell-shares-Liverpool.html#ixzz0TLh2cBRo



Still may not be anything due to the amount of debt they're in. Just buying 50% of the club isnt going to get rid of that.

How come Kenwright dont have his effin number!
 
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