Liverpool are reportedly in discussions with Kuwait billionaire, Nasser al Kharafi over a possible £500million takeover.
Talks between the American’s representatives and Al Kharafi were held in the last fortnight as part of Hicks’ attempts to raise the funds to build a new stadium on Stanley Park. It is understood, however, that a deal for Hicks and George Gillett’s entire shareholding has also been discussed.
The American co-owners value Liverpool at around £600m, a figure that prompted the ruler of Dubai, Sheikh Mohammed al Maktoum, to drop his long-standing interest in the club.
Hicks and Gillett were granted a six-month extension to their £350m refinancing deal for Liverpool earlier this month but are under pressure to raise the funds for that repayment to the Royal Bank of Scotland and to find an estimated £400m required to construct the stadium. Gillett also has to refinance a £40m loan secured as a personal guarantee in the refinancing package.
The Al-Kharafi family have a reported fortune of around £9billion.
There is believed to be a growing divide between the two American owners due to the ongoing problems with the delayed construction of the new stadium plus the the failure to agree a new contract with manager Rafa Benitez.
