Reds make takeover announcement, but reveal little

Liverpool Football Club today announced that they were in talks with potential investors, although the statement really said nothing new. Liverpool need to confirm they have investment available for their new stadium before the end of the week if they are to avoid losing out on around £9m of funding from the North West Development Agency, which may well be the reason for this announcement.

The statement simply said: “The board of Liverpool FC has noted the recent press speculation concerning possible third-party investment into the club and can confirm that it is continuing discussions with a number of parties regarding a potential investment of new funds into the club. Although the structure of any such investment is uncertain, it may include an offer for the entire share capital of the club.”

This is the first time that any mention of a complete takeover has been made.