Cousin of Manchester City owner failed in offer for Liverpool - Daily Mail

The Emirati member of the family governing Abu Dhabi held talks with representatives of Liverpool's owners from late last year to early this year, the report https://dailym.ai/2MS3cOU said, citing documents.





Midhat Kidwai, managing director of Sheikh Khaled's Bin Zayed International, met Liverpool chairman Tom Werner in New York, according to the report.

The buyout would have been a joint venture between Sheikh Khaled and a Chinese minority stake partner, the Daily Mail reported.

A Liverpool statement cited by the newspaper said the club's American owners, Fenway Sports Group (FSG), have not put the club for sale but are considering a minority investment.

"FSG have been clear and consistent: the club is not for sale. But what the ownership has said, again clearly and consistently, is that under the right terms and conditions we would consider taking on a minority investor", the club told the newspaper.

FSG, Liverpool and Bin Zayed International did not respond to requests for comment outside regular business hours.

Liverpool, which finished fourth last season in the league, has won the English league title 18 times but the last of those triumphs was in 1990 before the Premier League was set up.





($1 = 0.7841 pounds)









(Reporting by Kanishka Singh in Bengaluru)


Share

1 min read

Published

Source: Reuters



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world