Prince Faisal Bin Fahd Bin Abdullah of Saudi Arabia has hinted that he will not be investing any money into Liverpool Football Club, amid speculation suggesting he would purchase George Gillett’s 50% share in the club.
It was understood that Gillett was in negotiations with the Prince’s Saudi-based investment company F6 and the Prince was recently a guest of Gillett’s at Anfield when the Reds beat Hull City 6-1 in the Premier League.
However the Prince this afternoon hinted that although he is looking to invest in an English football club, it may not be Liverpool.
He said, “As an investment group definitely we have an eye for many opportunities, let’s put it this way.
“In Europe and Asia and North America and South America how can we be an added value and where can we invest our money and how we can manage and that is all I can say about investing in football clubs.
“This is a purely personal friend to a friend who happens to be a co-owner at Liverpool.”
The Prince has also recently suggested that the club’s debts and bad relations between Gillett and business partner Tom Hicks could put him off investment at the club.
However he added that work would continue in regards to establishing Liverpool FC branded sports academies in Saudi Arabia, increasing the club’s commercial status worldwide.
He added, “Definitely we look forward to any kind of venture between any clubs in Saudi Arabia and Liverpool and transfer of knowledge, experience and implementation of Liverpool academy and philosophy to Saudi Arabia and to the sports industry of Saudi Arabia.
“This is the main thing and this is what we are discussing.”