DUBAI DEAL IMMINENT Said PARRY | Liverpool

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January 14th, 2007

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“They are finalising all the legal work. They have been examining the books and satisfying themselves that everything is fine on that score.There is lot of legal work to do and investigations going on into the funding of the new stadium, which is a very important project for us.It is a case of finalising the due diligence and pulling everything together, which we hope will be completed relatively quickly.It is looking positive and yes, I am confident (it will go through).” Said Parry on Sportsweek on BBC Radio Five Live.Dubai International Capital, the investment arm of the Dubai government, tabled a reported £450million bid in December and are currently completing legal formalities and the process of due diligence.

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