Liverpool negotiations with state-owned Dubai International Capital (DIC)

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December 4th, 2006

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On Monday Liverpool confirmed that they had entered into exclusive negotiations with the state-owned Dubai International Capital (DIC) about a possible investment in the Premier League club.
“This is the latest step on the road of finding the long-term investment that the club needs.DIC is a potential investor with the resources and philosophy that we believe could make them an ideal partner. Already they have

demonstrated a full understanding of,and respect for, the club’s heritage and values.We also believe they share our passion for success. In particular, DIC believes in investing in the businesses it acquires.This is very important in terms of the proposed new stadium, which is key to plans for the regeneration of the local community.”Said Liverpool chief executive Rick Parry.

Technorati Tags: Liverpool, Rick Parry, Dubai International Capital

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