Sunday, 7 March 2010

Manchester City FC owners eyeing Liverpool FC

The Abu Dhabi royal family which owns Manchester City FC is reported to be looking to buy Liverpool FC. This story coincides with The Red Knights wanting to oust the Glazers and takeover Manchester United (see Manchester United to have new owners?).

Liverpool's homeground Anfield

Club debts
Like Manchester United, Liverpool was bought by its American owners through what is termed "leveraged takeovers". This happens where the buyers borrow money to buy the club and then tie that debt to the club. As such, Liverpool is laden with debts of £237 million.

Interest in Liverpool
Manchester United is widely popular in Asia while Liverpool has massive popularity in the Arab world. So it is no surprise that the Arab royals are keen to snap up the Reds. With Premier League chiefs having no reported problems with the intended takeover, another high profile football club purchase may be on the cards for Manchester City owner Sheikh Mansour (the guy with the dough).

Liverpool 2005 UEFA Champions League winners

It is estimated that Liverpool's current owners Tom Hicks and George Gillett may sell for around £400million but the asking price is dependent on Liverpool's qualification for next season’s UEFA Champions League.
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