Sheikh Mohammed Wants Liverpool

Filed under: Billionaires, Liverpool

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The Dubai Investment Group has had their eye on Liverpool for quite awhile now. Now with Man City being taken over by ADUG, Sheikh Mohammed looks like he is willing to put up his own money to get Liverpool.

DIC’s charter states the government company must “maximise long-term shareholder value”, which in effect means it should turn over a big profit as soon as possible.

But the current financial climate wouldn’t allow that with Liverpool, and instead the Arab billionaire is ready to sink his own money into the club to build a new stadium and invest heavily in the team.

Sheikh Mohammed wants to rival the Abu Dhabi owners of Manchester City, and now sees Liverpool less in terms of a pure investment. But despite being among the wealthiest men in the world, he still refuses to pay over the odds to the Americans.

My guess is that the Sheikh doesn’t want to be out done by some other very rich oil cats, and so it’s time for him to go at this on his own.

[Mirror]

Posted on Sep 12th, 2008 by  beans 

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5 comments on “Sheikh Mohammed Wants Liverpool” (RSS feed )

  1. rhybread says

    Absolutely right. These clubs are just going to become another part of the epic Abu Dhabi/Dubai pissing contest.

  2. mitchell says

    i agree, this is going to become a pissing contest, a very expensive one.

  3. Jim says

    The best footballers in the world are getting ready to cash in, in a big, NBA/MLB/NFL, kind of way…

  4. Blake says

    In due time, all these new owners are going to make the Glazers look like the family next door.

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