Liverpool FC could soon have new owners from the Middle East, according to a report in British media which says talks for the takeover of the $925m-valued club are at an advanced stage.
The Star newspaper reports that negotiations are underway between the famous Premier League side’s current owners Fenway Sports Group and prospective new owners from the Middle East.
FSG bought the club for $427m in October 2010 and could double its return on investment thanks in part to a recent record-breaking television deal, as well as increased commercial activities.
Investors from the region have been linked with Liverpool FC in recent years. In 2014 the former chief executive officer of Dubai International Capital, Sameer Al Ansari, revealed that the group was close to taking over the club in 2007.
In 2015 Forbes ranked Liverpool FC as the eighth most valuable football club in the world in a poll topped by Real Madrid with a value of $3.26bn.