One
of the most popular football clubs
in the world, Liverpool football club,
may be acquired by the Indian business
tycoon Mukesh Ambani, Chairman of
Reliance Industries or Subroto Roy,
Chairman of Sahara Group. There are
reports that the duo are bidding for
51 percent of the stakes.
Americans George Gillett and Tom Hicks
are the owners of the Liverpool Club
after they acquired it in February
2007. But after some misunderstanding
between the two, the club is now up
for a bid.
Both the Indian businessmen have offered
to clear off the Liverpool debts of
£237 million and get a 51% stake
in the club.
Though there were discussions on the
bid early November last year, the
Liverpool chief executive, Christian
Purslow denied the reports. But there
is no doubt that the club is running
on a loss and is unable to meet its
expenses.
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