March 5, 2008 / 3:35 PM / 12 years ago

FACTBOX-Soccer-Who owns Liverpool Football Club

March 5 (Reuters) - Dubai International Capital (DIC), a Dubai government-run investment fund, said late on Tuesday its talks with Liverpool Football Club’s U.S. owners about buying a stake were stuck over valuations.

Here are some details about Liverpool’s previous ownership and the takeover of the club:

— Liverpool Football Club was founded at Anfield in March 1892 by John Houlding, later a mayor of Liverpool.

— The club’s ownership changed hands and was owned for more than 50 years by the Moores family, who made their fortune from the locally based Littlewoods pools and shopping empire.

— In 2004 its chairman David Moores hinted that he might relinquish some of his 51 percent stake, setting the ball rolling for bids.

— Thaksin Shinawatra, a former telecoms tycoon and then Prime Minister of Thailand, made a $100 million bid for 30 percent of the club but backed out in May 2004 when local construction magnate Steve Morgan stepped in with a rival bid with $128.2 million.

— Dubai Investment Capital (DIC), which manages billions of dollars worth of assets owned by Sheikh Mohammed bin Rashid al-Maktoum, Dubai’s ruler, made its first bid in 2006 but dropped the bid when Liverpool asked for more time to consider a rival offer.

— In need of cash for two years and to raise funds for a new stadium, the club agreed in 2006 to be taken over by U.S. sports tycoons George Gillett and Tom Hicks for 174 million pounds.

Sources: Reuters; Liverpool FC (; (Writing by Nagesh Narayana, editing by David Cutler)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below