Liverpool Ask Potential Owners To Prove They Have The Money

Liverpool are believed to have told all potential owners that they will have to prove that they have the money before the middle of next week.

The Reds' takeover has been the subject of much discussion, since current owners Tom Hicks and George Gillett - who have an unsavoury reputation with the fans - decided to put the club up for sale.

It was initially believed that Kenny Huang, backed by the Chinese government, was set to takeover the club imminently. But recent reports also pointed towards former Syria international Yahya Kirdi - who represents Middle East & Canadian investors - as being very close to a takeover.

To add to the mix, there had also been some speculation that the Rhone Group - who were previously believed to have been interested in a takeover - were back in the race to buy the Merseyside club.

Now The Times has reported that the Reds' chairman, Martin Broughton, put across a deadline to the bidders to prove their worth.

It is believed that a takeover could be completed within a week from now, with Huang currently the frontrunner in the race to acquire Liverpool.