New Delhi: Five-time European Champion Liverpool looks set to become the latest English football club to be owned by foreign parties.
Americans sporting tycoons George Gillett and Tom Hicks had agreed a deal to buy the club's current chairman David Moores' 51 per cent stake in the club.
Gillett and Hicks, who own NHL sides Montreal Canadiens and the Dallas Stars, offered $342.7 million for a majority share holding in the club.
Liverpool's new co-chairmen have offered $430.8 million for the remaining shares and will also pay off the club's $88.2 million debt.
Premiership giant Chelsea was bought by Russian billionaire Roman Abramovich and Manchester United soon followed when American Malcolm Glazer bought majority stakes in the club.
(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)























