Home » ARTICLES » Abu Dhabi governing member fails in £2billion bid to purchase Liverpool

Abu Dhabi governing member fails in £2billion bid to purchase Liverpool

Photo of author

By Thomas Hein

John w henry
John Henry

The Daily Mail reports that Sheik Khaled Bin Zayed Al Nehayan, an Emirati member of the family governing Abu Dhabi, failed in a £2billion bid to buy Liverpool.

The report claims that Sheik Khaled is a cousin of Manchester City owner Sheik Mansour and approached Liverpool’s representatives in 2017 and 2018.

The managing director of Sheik Khaled’s companies, Midhat Kidwai, also met Tom Werner in New York and the report adds that the buyout of Liverpool would have been a joint venture between the Sheik and a minority stake Chinese partner.

Liverpool claimed (h/t Daily Mail) on Thursday that discussions between the parties failed and the major stakeholders of the club, John Henry and Michael Gordon did not meet the Abu Dhabi members.

The report claimed that Liverpool are seeking investors that can transform the club into the world’s richest “both commercially and in the transfer market”.

FSG have asked (h/t Daily Mail) Allan & Co. to attract investment into Liverpool and managing director, Stephen D Greenberg, spoke extensively with Sheik Khaled.

The Daily Mail also shows documents where Sheik Khaled wanted to raise £750m. The agreement was signed on 22nd January and stated:

“The client wishes a financial partner for the acquisition of a British football club.

“Client has confirmed to AA that the current shareholder of the club agreed to sell 100% of the share of the club on the basis of a £2bn valuation.”

The Daily Mail further carried a release from Liverpool stating that the club is not for sale. However, FSG are open to bringing a minority partner (h/t Daily Mail) to further the commercial interests in specific market places, in line with the continued development and growth of the club and the team.

Read more: “It’s in our jeans” – Some Liverpool fans react hilariously to latest announcement from the club

Should FSG sell Liverpool for £2bn, it would be the biggest deal in the history of football (h/t Daily Mail) and hopefully, this would not distract the team from doing their work on the pitch.