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Liverpool Deny Takeover Rumours

Liverpool owners Fenway Sports Group insist the club is not for sale following reports of a failed £2 billion ($2.6bn) takeover attempt from an Abu Dhabi consortium earlier this year.

A report in the Daily Mail on Thursday stated that Sheikh Khaled Bin Zayed Al Nehayan, the cousin of Manchester City owner Sheikh Mansour, approached representatives of the Reds’ American owners in late 2017, with a view to a world-record buy-out of the Anfield club.

Tom Werner, the Liverpool chairman, is understood to have met with Midhat Kidwai, managing director for Sheik Mansour’s conglomerate of companies, in New York.

Reports state that the meeting was informal and that Sheikh Khaled’s “proposal of interest” was handled, as all such proposals are, by Allen and Company, the New York-based investment bank hired by FSG to advise on numerous issues, including investment enquiries.

Liverpool insist that the Abu Dhabi proposal never got past Allen and Company’s vetting stage, and that the club’s major shareholders, John W. Henry and Mike Gordon, were not involved in any talks or negotiations over a sale.

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