Liverpool set to sell 50% of club says reports in Saudi Arabia

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Liverpool co-owners Tom Hicks and George Gillett are on the verge of a deal to sell 50% of the club to Saudi Arabian billionaire Prince Faisal bin Fahd bin Abdullah al-Saud.

The Prince was a guest of Gillett’s during Saturday’s 6-1 victory over Hull City at Anfield, although Gillett insists it is merely to strike a deal over establishing sports academies in the Middle East.

However Saudi newspaper Al-Riyadh quotes the price as saying, “We are currently seeking to buy 50% of the shares in the club which is now suffering with debts worth £245m.”

The Prince owns investment in sport already, but largely in the watersports industry whilst he is the chairman of holding company FAMA and investment and marketing group F6.

To mark the end of the 30-year wait for a league title, the ‘Liverpool Mishmash’ poster is available to order exclusively on This Is Anfield — the history of the Reds in one image!

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