Under Stock Exchange rules, Liverpool Football Club have today been forced to confirm the recent developments with the Liverpool take-over plan and in particular American George Gillett's new offer for the club.
Liverpool said the approach "may or may not lead to an offer" and "shareholders will be kept informed as appropriate."
As reds fans well know George Gillett was one of a number of groups involved in the submission of bids which eventually led to the Anfield board granting the Dubai Investment Capital group the ability to look through the reds books in the process of due diligence.
The Dubai based group are believed to value the club at £155 million and to take on a current contractual debt of £80 million plus fully finance the new stadium. Rumours suggest Gillett's valuation of the club is at £170 million - this would be worth an extra £8 million for David Moores share of the club.
Sources suggest that the reds are fully committed to the Dubai based bid, and Gillett's plans have only been discussed by the Anfield board due to financial regulations.