Dubai International Capital: No deadline to accept Liverpool bid

Published March 4th, 2008 - 04:14 GMT

Dubai International Capital on Tuesday denied a “timeline” has been put on any offer for the English premiership club Liverpool. The company’s spokesperson Jehad Saleh refused to comment on reports DIC this morning tabled a £400million bid for the English club.


However, Saleh insisted reports DIC had given Liverpool co-owners George Gillett and Tom Hicks a deadline of midnight tonight to accept an offer were not correct. She said: “No figures have been (publicly) mentioned, and talks are ongoing. No timeline has been set on the talks.”


DIC chief executive Sameer al-Ansari, a lifelong Liverpool fan, Tuesday morning confirmed he is in talks with Gillett and Tom Hicks. Saleh refused to confirm that Al-Ansari is currently speaking to both Gillett and Hicks, but revealed he was in Dubai.

Earlier, reports from a Liverpool-based newspaper called Liverpool Echo suggested the deadline had been imposed on Hicks and Gillett to accept the bid. The offer would give the American businessmen a profit of £25 million each on their investment in the club.

The reported bid follows confirmation from DIC, the investment arm of the ruling Maktoum family, that talks were held between the various parties but were being held up by the valuation of the club by one of Hicks or Gillett. “It’s no secret that we have been in discussions with the current owners,” said Al-Ansari on

“It’s not easy because the owners are in dreamland about valuations at the moment.”

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