Tuesday, August 17, 2010

Yahya Kirdi Out Of Liverpool Takeover Race: Reports

Liverpool have received up to five formal offers to buy the club, but Yayha Kirdi is not one of them.

Barclays Capital, the bank overseeing the sale process, and chairman Martin Broughton remain determined to see a deal completed in the next month despite a club statement insisting that the board were still reviewing a number of bids.

Syrian businessman Kirdi claimed last week that he would conclude a deal to buy the club from owners George Gillett and Tom Hicks within seven days but has failed to submit any offer to Broughton, BarCap or the Royal Bank of Scotland, Liverpool's primary lenders.

Former Wall Street stockbroker Kenny Huang remains the only potential investor to publicly reveal his plans to seize control of the Anfield club whilst one bid is understood to derive from the ruling family of the Emirate of Sharjah.

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