The Middle East investment arm representing Kuwaiti billionaire Nasser Al-Kharafi have moved today to disassociate themselves from suggestions that they are trying to buy Liverpool.
The move has come following speculation originating from English tabloid The Sun claiming that Liverpool's American owners George Gillett and Tom Hicks are currently in discussions with Nasser Al-Kharafi regarding a potential mega-money takeover.
"We have not conducted any negotiations," insisted Jassem al-Kharafi, elder brother of the Group's chairman Nasser al-Kharafi.
"The Group has no plans to buy any sports club."
Kharafi Group vice president Loay al-Kharafi underscored the statement released to the press by insisting that the reports emanating from the British press are "not correct".
Al-Kharafi, ranked as the 46th richest man in the world, was linked with a takeover at Newcastle United last October, and his cousin held buy-out talks with Hicks earlier in the year.
The move has come following speculation originating from English tabloid The Sun claiming that Liverpool's American owners George Gillett and Tom Hicks are currently in discussions with Nasser Al-Kharafi regarding a potential mega-money takeover.
"We have not conducted any negotiations," insisted Jassem al-Kharafi, elder brother of the Group's chairman Nasser al-Kharafi.
"The Group has no plans to buy any sports club."
Kharafi Group vice president Loay al-Kharafi underscored the statement released to the press by insisting that the reports emanating from the British press are "not correct".
Al-Kharafi, ranked as the 46th richest man in the world, was linked with a takeover at Newcastle United last October, and his cousin held buy-out talks with Hicks earlier in the year.
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