Sheikh Mohammed is ready to test the partnership between the joint owners of Liverpool by making a formal offer for the club.
The billionaire's investment company DIC has been studying closely the terms of a restructuring deal at Anfield that Americans Tom Hicks and George Gillett announced last week.
And now the investment arm of the Dubai government is primed to approach the pair with a fresh offer that will value the club in the region of £300million.
DIC's hopes of buying the club they first bid for a year ago seem to rest on exploitation of the uneasy relationship between the two US tycoons.
Hicks has taken the lead in recent weeks by announcing a refinancing deal with the banks that secures his grip on the club - and he also unveiled £300million plans for a new state-of-the-art stadium
Gillett, who has the option of selling his 50 per cent stake, has remained conspicuously silent during that fanfare - and his position is the key to success for the increasingly confident Sheikh.
The billionaire's investment company DIC has been studying closely the terms of a restructuring deal at Anfield that Americans Tom Hicks and George Gillett announced last week.
And now the investment arm of the Dubai government is primed to approach the pair with a fresh offer that will value the club in the region of £300million.
DIC's hopes of buying the club they first bid for a year ago seem to rest on exploitation of the uneasy relationship between the two US tycoons.
Hicks has taken the lead in recent weeks by announcing a refinancing deal with the banks that secures his grip on the club - and he also unveiled £300million plans for a new state-of-the-art stadium
Gillett, who has the option of selling his 50 per cent stake, has remained conspicuously silent during that fanfare - and his position is the key to success for the increasingly confident Sheikh.
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