Indian investors deny interest in Liverpool

Kieran Beckles
By Kieran Beckles
liverpoolLiverpool issue statement strongly denying suggestions imminent investment from Indian business tycoons

liverpool

Liverpool have issued a statement strongly denying any suggestion of contact and imminent investment from two business tycoons hailing from India.

On Tuesday, The Times broke the story that Indian billionaires Mukesh Ambani and Subrata Roy were ‘preparing a takeover’ at the Merseyside club. It was reported that the pair were willing to alleviate the £237 million debt in exchange for a 51% stake at Anfield.

Ambani is listed as the richest man in India. He boasts a personal fortune of over $20 billion and is currently the owner of the IPL cricket side, Mumbai Indians. He is chairman and managing director of Reliance Industries.

Meanwhile Roy is the chairman and Managing Worker of the Sahara Group which is comprised of a chain of companies based in India. The value of the group is thought to be around $50 billion.

It is common knowledge that current Liverpool owners Tom Hicks and George Gillett are keen to seek an investment of around £100 million. Royal Bank of Scotland have set a deadline of July for the Americans to reduce the debt at the club.

However any suggestion that a takeover was imminent at Anfield was rubbished when a statement was released on the behalf of the Indian businessmen. “There is no truth to the report. We deny it completely,” said Sudeep Purkayastha, from Reliance.

Sources at Liverpool have also denied that there is any immediate investors on the horizon.

Thus, it has proven a false glimmer of hope for Liverpool fans that are keen to see departure of their current American owners. Yet according to reports in the media there remain interested parties in America and there is a Saudia Arabia consortium linked to securing a stake in the club.

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