Football

Reds bidder drops out

Published Add your comment

Football News
24/7

One of the parties interested in buying Liverpool have taken a step back from the process.

The Sahara Group, headed by businessman Subrata Roy, had been considering buying into the club earlier this year.

However, as various parties assess their next move - Liverpool have invited prospective new owners to make official offers detailing how their bid will be financed - the huge Indian conglomerate have decided not to proceed.

"The deal for acquisition of the Liverpool Football Club was in our consideration in the recent past," said head of corporate communications Abhijit Sarkar in a statement to Bloomberg.

"However, after considering all related factors, we have decided not to go ahead with it, at least for the time being."

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms

Topics:
Football
Premier League
Liverpool

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author

DISCLAIMER

This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again