Dubai International Capital (DIC) group have confirmed they are in talks with Liverpool FC over a possible takeover. Recent reports have linked DIC, a part of Dubai Holding Company, with a Liverpool invasion since the Reds turned down an offer from George Gillet, the owner of the Montreal Canadiens NHL franchise. Samir Al-Ansari, CEO of the Dubai-based company, confirmed the interest in a statement on Monday. "Liverpool's investment requirements are well publicized," DIC Al-Ansari said in a statement on Bloomberg.com.
Anfield officials have allowed DIC to examine their books and reports claim that Liverpool chairman David Moores had agreed to relinquish control of the club. "We hope we can agree a deal that will provide us with the opportunity to fund its needs both on and off the pitch," the statement continued. Liverpool have been suffering from debts of up to £80 million and are looking for funding for a new stadium that will cost around £200 million. DIC is expected to table a bid of over 450 million pounds ($891 million). DIC are no strangers to the British market, as they own already own the Madame Tussauds Group and the Travelodge hotel chain.
