Financial Times FT.com

DIC makes £400m offer for Liverpool

By Roger Blitz in London and Simeon Kerr in Dubai

Published: March 4 2008 11:56 | Last updated: March 4 2008 14:07

Dubai International Capital confirmed on Tuesday that it has made a £400m indicative offer to acquire Liverpool Football Club, English football’s most successful club side.

Sameer al-Ansari, chief executive of DIC, said that talks between the sovereign wealth fund and Tom Hicks and George Gillette, Liverpool’s US owners, were a “sensitive stage”.

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