DUBAI International Capital today launched a scathing attack on Liverpool's conduct, saying chairman David Moores had made a bewildering and shocking decision.
The fallout of the collapse of the deal intensified, with Dubai sources contacting the ECHO to put their side of the story in the days leading up to their withdrawal.
Anfield chief executive Rick Parry explained how Liverpool felt it was their duty to consider a rival offer from George Gillett jnr, and ultimately felt bullied into making a swift decision.
But a DIC spokesman has retaliated by suggesting chairman David Moores panicked at the 11th hour with a deal about to be sealed.
The spokesman said: "If the fans want to know what's happened, David Moores suffered what I can only describe as a mental aberration, just when the agreement was about to be reached.
"The fans are bemused, and we at DIC are just as bemused by the past few days.
"Liverpool Football Club has been looking for years and years for an investor, going through numerous suitors. They came to the conclusion DIC were the best people. We've been working closely with advisors for the last six to eight weeks, and spent a lot of time preparing a deal.
"We are genuine supporters who not only wanted to invest in the club, but to do so by keeping Mr Moores and Rick Parry in place. The announcement was going to be made this Monday.
"Then, 10 days ago, we heard from the press George Gillett had made another bid. No-one from Liverpool told us this, and when we asked what was happening they said they didn't know why a bid was made other than to muddy the waters.
"Then we read a formal statement from Liverpool announcing Gillett's bid last Friday. Again, DIC were informed by a journalist.
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