Tuesday, June 29, 2010

DIC Return To Negotiating Table With Liverpool

Dubai International Capital are again in takeover talks with Liverpool.

The Sunday Express says while managing director Christian Purslow has been concentrating on finding Rafa Benitez’s successor, chairman Martin Broughton has been focused on attracting buyers to take over from George Gillett and Tom Hicks.

One of Broughton’s tasks has been to knock down Hicks’ claims that the Americans were looking for £800million.

He has been in advanced talks with parties in the Middle East, including Dubai International Capital, and believes a deal could be done for £500m.

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