Former Syrian international footballer Yahya Kirdi has once again emerged as a bidder for Liverpool. He was reported to be engaged in talks to acquire the club in April in discussions that were brokered by Andy Lynch, a Celtic footballer in the 1970s. These discussions came to nothing, but now he is reported to be George Gillett's preferred bidder and engaged in serious talks.
The big question mark is whether he can afford to buy the club which will cost at least £400m even before one adds in the cost of the new stadium in Stanley Park. Once again he claims to be fronting up a consortium of Arab investors and is thought to have links in the United Arab Emirates where there are certainly some seriously rich people. However, some of these Arab consortiums turn out to be little more than desert mirages.
What it may do is energize the Rhone Group which is thought to be considering resurrecting its bid. The New York-based investment group came close at one stage to buying a 40 per cent stake in Liverpool. Liverpool fans may think they have had enough of Americans, but these are quality investors.
The parent company, Kop Football Holdings, made record losses of £55m last year of which £40m were accounted for by interest payments. Total debts were £473m. The team's failure to qualify for the Champions League is estimated to have cost it £40m.
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