Kuwaitis renew Liverpool interest

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Football News

A Kuwaiti investment group are continuing negotiations to invest in Liverpool, with representatives set to meet co-owner Tom Hicks "within the next two weeks".

Hicks and George Gillett purchased Liverpool in February 2007 but their relationship has since deteriorated and, with a £350million bank loan required to be repaid or refinanced in the next four months, an investor or outright buyer is being sought.

"They are willing to negotiate and we are negotiating and will continue to do so in the weeks to come," Abdulla Al-Sager, representing his family in the talks, told Bloomberg.

"We are serious and things can change."

Al-Sager, who was at Liverpool's 2-0 win over Chelsea on February 1 along with Rafed Al-Kharafi, a member of one of Kuwait's richest families, did not reveal the size of the stake to be discussed, but hinted the group would be prepared to work with Hicks.

"Hicks and his team are nice people and unbelievably humble," he said. "We are huge supporters and we definitely want something to happen."

The Americans' time at Anfield has been beset by off-field troubles, notably the contract wrangle with manager Rafael Benitez and the construction of the club's new stadium in Stanley Park, which has been delayed due to the global economic crisis.

However, Al-Sager is hopeful of galvanising the club.

"We want to build the new stadium in Stanley Park and make the team do really well," he added.

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