Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Soccer World Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds Game Report
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
Dubai Group Withdraws Liverpool Offer
ESPN Soccernet, January 31st, 2007 3:06PM
Subscribe to Section 2 Around the Net

MOST READ

MOST COMMENTED

In an amazing turn of events, Liverpool will not be taken over by Dubai International Capital Investment, as was widely reported by just about everyone, including the club itself. In fact, the Anfield club was so certain of a takeover by the consortium run by the king of Dubai that it all but rejected the idea of entertaining a bid from American billionaire George Gillett.

At first, anyway. Upon the closer inspection of Gillett's bid by Liverpool chairman and majority shareholder David Moores, DIC pulled its offer, saying the two parties were unable to agree to the terms the group set forth. Sameer Al Ansari, executive chairman and chief executive officer of DIC, said: "We are very disappointed to be making this announcement. DIC are a serious investor with considerable resources at our disposal...however, we will not overpay for assets." The deal would have valued Liverpool at $883 million.

This presumes that Gillett, who owns the NHL's Montreal Canadians and once held interests in the Miami Dolphins and Harlem Globetrotters, has proposed a deal which would bring Moores and the other Liverpool shareholders more value for their holdings Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

    ARCHIVES
    FOLLOW SOCCERAMERICA

    Recent Section 2 Around the Net
    Youth soccer fights back against 49ers    
    Northern California youth soccer advocates, including Santa Clara Youth Soccer League President Tino Silva, have launched ...
    Cal South TOPSoccer Program Turns 25    
    "We're all soccer players, special needs or not," says Sandy Castillo, chair of the Cal South ...
    How Neymar Played in Childhood    
    Neyrmar: "I used to pick up the ball, set up the furniture and go around dribbling ...
    Roma Partnering with U.S. Youth Clubs    
    Italian Serie A club Roma, which has American ownership, aims to forge partnerships with seven U.S. ...
    LVG: Falcao "Has to Prove Himself"    
    Manchester United coach Louis van Gaal has responded to criticism over dropping Radamel Falcao by claiming ...
    Report: Adidas to Assist Messi Move?    
    According to Spanish sports daily AS, Lionel Messi's sponsor Adidas could be the key to the ...
    Toure Admits Man City Future in Doubt    
    Speaking ahead of the opening games of the African Nations' Cup in Equatorial Guinea this weekend, ...
    Ronaldo Blasts 'Defensive' Atleti Tactics    
    Cristiano Ronaldo blasted Atletico Madrid for its unattractive style after the Rojiblancos ousted Real Madrid from ...
    Fabian Johnson's 'Spat' with 'Gladbach Coach Favre    
    According to Bild, USA defender Fabian Johnson is in a "spat" with Borussia Monchengladbach coach Lucien ...
    Serie A to Introduce Goal-Line Technology    
    Serie A will introduce goal-line technology next season after the Italian soccer federation (FIGC) gave its ...
    >> Section 2 Around the Net Archives