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Saudi prince plans Liverpool acquisition
Sherif Tarek Published in FilGoal on 27 - 09 - 2009

Saudi prince Faisal bin Fahd bin Abdullah is planning to buy equity in Liverpool, according to media reports.
The Premier League club have been struggling with financial instability for quite a while under American owners Tom Hicks and George Gillett.
Both businessmen are reportedly ready to sell a 50% stake to the Saudi tycoon, to put an end to their worries once and for all.
"We are currently seeking to buy 50 per cent of the shares in the club which is now suffering with debts worth £245million," Fahd bin Abdullah was quoted by Al-Riyadh as saying.
"The transaction, upon which a decision is close to be reached, will be worth 200 to 350million pounds."
Fahd bin Abdullah chairs private firm F6 and Saudi-based holding company Fama Group.
Manchester City were acquired by the Abu Dhabi United Group last year, and now are widely considered to be in contention for the Premiership title after landing a host of superstars.

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