Thursday, March 30, 2006

Liverpool confirm takeover talks

Liverpool have confirmed they're in talks that could lead to a takeover offer for the European champions.

In a statement, the club said that it was in "continuing discussions with a number of parties regarding a potential investment of new funds".
Liverpool added that such an investment "may include an offer for the entire share capital of the club".
The club's advisers said chairman David Moores might sell some of his majority stake for the right level of funds.
The club said that it was in talks with a shortlist of fewer than 10 possible investors.
A source has told Reuters Liverpool are seeking £200 million.