Friday, October 9, 2009

You will never walk alone...

Prince Faisal could bid for a major stake in Liverpool but has concerns about the club's debt and relationship between its owners, a key aide says.

Co-owner George Gillett will travel to Saudi Arabia on Tuesday to hold further talks with the Saudi Royal.

"His Highness's shareholding could go from anything from nought to 100%," Barry Didato told BBC Sport.


"But he cannot be seen as a solution to the debt or problems in the existing relationship between the owners."

The fractious relationship between Liverpool's American co-owners is a concern, though.

"His Highness would not want to get involved in (the problems between the pair), he is not a marriage counsellor," Didato said.

He added that the Saudis has concerns about the high debt levels at the club.

"The debt has to be at a manageable level before Prince Faisal would invest and the current level is high," he said.

"He cannot be looked to as someone who is going to clean up the balance sheet - Gillett has to deal with this."

Source: http://news.bbc.co.uk/


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