GMR says no plan of buying Liverpool

GMR says no plan of buying Liverpool
Comment E-mail Print Share
First Published: Sun, Apr 26 2009. 10 45 PM IST
Updated: Sun, Apr 26 2009. 10 45 PM IST
London: Indian billionaire Grandhi. Mallikarjuna Rao may take over English Premier League Club Liverpool for £450 million (around Rs3,300 crore), British newspaper ‘News of the World’ has reported. Rao, who owns Indian Premier League cricket team Delhi Daredevils, is considering a major investment in Liverpool after its co-owner Tom Hicks approached him for a sponsorship, the report said.
However, a GMR spokesperson denied the reports. “GMR has no interest in Liverpool, and as a policy, we do not comment on speculative news,” the spokesman told Mint.
It all started with the American co-owners, Hicks and George Gillett, wanting to sell the club for £450 million or invite huge investment to back Liverpool’s re-emergence as a title force.
The two have endured a fractious relationship since joining forces at Liverpool, arguing over the governance and direction of the club, but recently have presented a united front as they strive to attract new finance.
Comment E-mail Print Share
First Published: Sun, Apr 26 2009. 10 45 PM IST