Dubai Holdings agree Reds deal

[Kingkenny]

Dubai Holdings has secured a deal in principle to invest in the Reds with Rafa Benitez set to receive significant transfer funds.
It is understood a deal was agreed late on Friday evening for the Middle Eastern investors to buy into the club although it is not yet clear if they have secured a controlling interest.
Reds' chief executive Rick Parry has been in negotiation with Dubai Holdings for two years and it is understood that the deal will release considerable funds for team strengthening and for the new stadium project.

Dubai Holdings, the Middle Eastern state's investment arm, looks to big global projects having recently secured an £800m purchase of Madame Tussaud's and the £675m buyout of Travelodge hotels.

They recognise Liverpool's incredible world-wide appeal and are said to be keen to put the club on a level financial footing with the likes of Chelsea and Real Madrid

[gerrard]

im relieved at that news King K because as i said in another thread i wasnt keen on the irish builder - that industry is much to dodgy (financially speaking) to put our Club in his hands

[gonzales]

Money seems no option to these dudes sounds good, will give us a better chance in the old transfer market too