Financial Times FT.com

DIC confident Liverpool bid will succeed

By Roger Blitz, Leisure Industries Correspondent

Published: March 5 2008 04:57 | Last updated: March 5 2008 04:57

Dubai International Capital believes it will still end up as the owner of Liverpool FC, in spite of one of the two US owners of the club turning down a £400m ($793m) offer.

The sovereign fund set Tom Hicks and George Gillett a deadline of midnight on Tuesday night for accepting its debt-inclusive offer, tabled last week.

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