Liverpool co-owners Tom Hicks and George Gillett are due to meet with a representative from Dubai International Capital, in the Emirates Stadium on Wednesday night.
It is understood that it will be the first time all three parties have shared the same room, meaning that the drama on the pitch of the Champions League quarter-final between Arsenal and Liverpool could easily be surpassed by tensions off it.
DIC remain optimistic that they can still launch a successful takeover and yesterday there were signs that the Liverpool power struggle was moving into its final phase. It has emerged that the pressure on Hicks may heighten in the coming weeks due to the possible need for him to refinance other assets. Market sources predict that the pressure of the global credit crunch could well force Hicks's hand.
Hicks has so far refused to do business unless he can retain a controlling stake but Gillett has made it clear that he will not sell to his partner.
Gillett does, however, regard DIC as "very responsible" possible owners and last week admitted to a Canadian radio station that his relationship with Hicks had been "unworkable for some time''.
Liverpool chief executive Rick Parry has urged some sort of swift resolution. "My plea is that something happens this week,'' he said.
"There is a need for a degree of urgency but it is urgent to get it right, not urgent to come up with the wrong solution.
"I think George was pretty clear in stating the relationship between the two of them had broken down and, as a result of that, an alternative solution needs to be found.
"There is no question that to succeed you need unity at the top. I think it brings it to a head. All things are possible at the moment. Someone has to sell, that is clear if they are not able to co-exist.''
The uncertainty over the club's ownership has placed a question mark over Rafa Benitez's future as manager, although Parry has said that he believes the Spaniard can transform his great success on the European stage to the Premier League.
"We are very conscious that, from every Liverpool fan's point of view, the League is the big, big goal and that is the one we would really like to win,'' he said.
It is understood that it will be the first time all three parties have shared the same room, meaning that the drama on the pitch of the Champions League quarter-final between Arsenal and Liverpool could easily be surpassed by tensions off it.
DIC remain optimistic that they can still launch a successful takeover and yesterday there were signs that the Liverpool power struggle was moving into its final phase. It has emerged that the pressure on Hicks may heighten in the coming weeks due to the possible need for him to refinance other assets. Market sources predict that the pressure of the global credit crunch could well force Hicks's hand.
Hicks has so far refused to do business unless he can retain a controlling stake but Gillett has made it clear that he will not sell to his partner.
Gillett does, however, regard DIC as "very responsible" possible owners and last week admitted to a Canadian radio station that his relationship with Hicks had been "unworkable for some time''.
Liverpool chief executive Rick Parry has urged some sort of swift resolution. "My plea is that something happens this week,'' he said.
"There is a need for a degree of urgency but it is urgent to get it right, not urgent to come up with the wrong solution.
"I think George was pretty clear in stating the relationship between the two of them had broken down and, as a result of that, an alternative solution needs to be found.
"There is no question that to succeed you need unity at the top. I think it brings it to a head. All things are possible at the moment. Someone has to sell, that is clear if they are not able to co-exist.''
The uncertainty over the club's ownership has placed a question mark over Rafa Benitez's future as manager, although Parry has said that he believes the Spaniard can transform his great success on the European stage to the Premier League.
"We are very conscious that, from every Liverpool fan's point of view, the League is the big, big goal and that is the one we would really like to win,'' he said.
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