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Rediff.com  » Sports » Third group keen on Liverpool takeover

Third group keen on Liverpool takeover

September 24, 2004 11:33 IST
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A third group have started talks with Liverpool aimed at taking control of the Premier League club, according to a report in Friday's Financial Times.

Mike Jefferies and Stuart Ford, two American-based entertainment executives with Liverpool roots, are keen to put together a deal potentially worth 100 million pounds ($180.2 million), said the Financial Times.

"We would like to be able to contribute to helping Liverpool become the most successful club in the world," Jefferies was quoted as saying.

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Two weeks ago, Thai media tycoon Paiboon Damrongchaitham, also bidding to buy a stake in Liverpool, said he would meet representatives of the club later this month to try to finalise a deal.

Paiboon took over negotiations after Thai Prime Minister Thaksin Shinawatra was forced to back out of his proposed $120 million deal for a 30 percent stake in Liverpool due to fierce criticism of his plan to use public money.

British businessman Steve Morgan announced last month that he had failed in his bid to complete a 70 million pounds takeover of the four-times former champions of Europe.

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Source: REUTERS
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