Kuwaiti takeover talks not on

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A spokesman for the Kuwait based business group, Kharafi, has denied the company ‘“ headed by billionaire Nasser Al-Kharafi, are in talks to takeover Liverpool Football Club.

Reports over the last 24 hours suggested that the club’s current American co-owners Tom Hicks and George Gillett are ready to sell the club they bought in February 2007, and that Kharafi has been in negotiations this week.

But now the investment group have denied the reports, although other business groups have also been named as potential buyers.

The Hicks and Gillett reign at Anfield has been showered with controversy and criticism, with the business partners falling out, stadium delays, arguments over the club’s management amongst the many negatives the American duo have brought to the club.

Recently the pair were given an extra six months to repay the £350million loan given to them by the Royal Bank of Scotland to purchase the club.