LIVERPOOL FC chief executive Rick Parry last night described potential investor Dubai International Capital as an "ideal partner" for a deal that would ensure a new stadium at Stanley Park.
In his first statement about the potential £400m takeover last night, Mr Parry said the investment arm of the Dubai government had the philosophy and resources the club was looking for.
If it goes ahead, it could revolutionise the club by funding the new 60,000-seater stadium, clearing the club's £80m debt, and allow them to compete for the biggest players in the game.
Mr Parry confirmed the club had started exclusive negotiations with DIC about a takeover. "This is the latest step on the road of finding the long-term investment that the club needs," he said.
"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.
"On the pitch, Liverpool remains focused on winning and, here again, this is all about doing a deal that gives us the long-term resources to do that."
Liverpool will play a Champions League group game against Galatasaray in Istanbul today.
Manager Rafael Benitez said last night: "I knew the news and was talking with the chairman and Rick Parry the other day, but we can't do anything at the moment about this other than think about the game against Galatasaray. But it's always important to have more possibilities and more money."
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