The attempt by Liverpool FC’s owners to sell up to a Kuwaiti consortium have stalled because Tom Hicks and George Gillett are putting too high a value on the club, it has been claimed.
“Things are going really badly because they are asking for too much,” said Abdulla Al-Sager, who’s among the potential investors headed by Kuwait’s Al-Kharafi family.
Al- Sager and Rafed Al-Kharafi were guests of the Americans at Liverpool’s 2-0 win over Chelsea last month.
Tom Hicks and George Gillett have valued the club at around £500m, but may yet have to lower their expectations.
The impetus to sell increases by the day, as the pair’s current re-financing loan of £350m with Royal Bank of Scotland, taken out when they bought the club two years ago, expires in July.
“I don’t think anything will happen unless we get a better price, but we are still talking,” Al-Sager added.
A spokesman for Mr Hicks has declined to comment.
The Al-Kharafis, one of oil-rich Kuwait’s wealthiest families, are not the only investors Hicks and Gillett are talking to.
They are also understood to have been discussing a full or partial sale with another investment group in the Middle East and one in the USA.
“Things are going really badly because they are asking for too much,” said Abdulla Al-Sager, who’s among the potential investors headed by Kuwait’s Al-Kharafi family.
Al- Sager and Rafed Al-Kharafi were guests of the Americans at Liverpool’s 2-0 win over Chelsea last month.
Tom Hicks and George Gillett have valued the club at around £500m, but may yet have to lower their expectations.
The impetus to sell increases by the day, as the pair’s current re-financing loan of £350m with Royal Bank of Scotland, taken out when they bought the club two years ago, expires in July.
“I don’t think anything will happen unless we get a better price, but we are still talking,” Al-Sager added.
A spokesman for Mr Hicks has declined to comment.
The Al-Kharafis, one of oil-rich Kuwait’s wealthiest families, are not the only investors Hicks and Gillett are talking to.
They are also understood to have been discussing a full or partial sale with another investment group in the Middle East and one in the USA.
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