No deal has yet been done with Saudi Arabian billionaire Prince Faisal bin Fahd bin Abdullah Al Saud to buy a stake in Liverpool FC, the club owners said on Wednesday.
Responding to recent speculation about the Premier League club’s ownership structure, a spokesperson for US owners George Gillett and Tom Hicks said talks were “at an early stage” in a statement on the club’s website.
The statement added: “The owners have jointly retained Bank of America Merrill Lynch and Rothschild to evaluate the possibility of new investors injecting equity into LFC. However, the process is at an early stage, there is no agreement with any party and reports to the contrary are wholly inaccurate.”
Prince Faisal, who was at Saturday’s 6-1 win over Hull City at Anfield, has been in London “discussing the purchase”, an official statement said on Monday.
On Sunday, it was reported that the prince was looking at a deal worth up to $558m.
Prince Faisal is chairman and CEO of F6, a Saudi-based investment and marketing company.
The firm said it was in direct talks with George Gillett, the American co-owner of Liverpool, to buy all or part of his stake in the team.
According to Reuters, F6 has signed a memorandum of understanding with the George Gillett Group for exclusive cooperation that would lead to opening Liverpool academies in the Middle East and North Africa and develop race tracks to introduce NASCAR motor racing to the Middle East.
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