Dic Rules Out Premier League Bids
Dubai International Capital, the investment arm of the Dubai government have ruled out a takeover bid for any Premier League club including both Newcastle United and Liverpool.
DIC has already tried to bid unsuccessfully to take over Liverpool and has been linked to Newcastle following owner Mike Ashley’s announcement that he is ready to sell following angry fan protests at the weekend.
But a DIC statement read: ‘DIC is not involved in any negotiations to buy Liverpool and is not planning a fresh bid for Liverpool F.C. or any other club.’
Dubai ruler Sheikh Mohammed could yet fund a takeover of the Reds, however, with media speculation stating that he is still keen on a takeover of the Merseyside club, although he would not utilise DIC in any negotiations.
DIC failed with a bid to acquire 49% of Liverpool in March when the Anfield outfit’s co-owner Tom Hicks ended lengthy negotiations with the company over a £500m deal.
Newcastle’s Ashley has reportedly approached DIC regarding a bid for the club after believed negotiations with consortiums in India and Japan fell through.
