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DIC denies Liverpool cash-in
- United Arab Emirates: Sunday, December 31 - 2006 at 09:46
Dubai International Capital has denied reports emanating in UK newspapers last week that it would sell Liverpool FC by 2014 if its acquisition proves successful. The Daily Telegraph claimed that DIC was hoping to earn a 25% profit for every year of ownership prior to sale. But DIC said it wouldn't discuss the sale of a company it hasn't yet acquired and assured fans of its commitment to the club.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 31 - 2006 at 09:46 UAE local time (GMT+4)
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This article was updated on Sat Jan 13 2007.
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