LFC Talk


Second DIC bid in pipeline? by lfctalk
August 12, 2008, 14:49
Filed under: News | Tags: , ,

Abu Dhabi newspaper The National is reporting that Dubai International Capital are set to make another move for the club, as the current owners look set for battle with Rafael Benitez over the Gareth Barry situation.

Benitez is said to be at loggerheads with the board after it emerged an interest-free £12m loan was turned down, which would have helped secure Barry from Aston Villa. The Kop boss had been waiting throughout the week for news on the previously promised funds in the form of a short-term loan so that the Spaniard could avoid selling to buy.

The situation could play into DIC hands, who have let it be known they are still very much interested in securing a majority stake at Anfield.

The investment group had a £400m offer for the club rejected in March and a source close to DIC said: “Just because it is has been a quiet summer does not mean DIC have lost interest. They are happy that things have now become low key, and they are awaiting developments.”

There is also speculation that another prospective buyer could be ready to help the club out of it’s cash problems, along with other supporters in the US.

There is belief that plans for the new stadium have not included confirmed building contracts or the lease being agreed with the Liverpool council. The club’s owners are also going to have to find cash soon to fund the stadium as well as re-finance the outstanding loans.

The constant melee surrounding the Barry saga is showing up the club and when it was suggested the owners were looking to borrow money to fund the deal, City sources – albeit those near to the DIC camp – insisted borrowing would be hard to achieve in the current financial situation.

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