Despite Gillett’s ridiculous rant about Liverpool having low debt – it seems the potential Saudi investors have a bit more business acumen. And Hicks and Gillett’s continued bickering is a concern to the investors who believe they could purchase Liverpool Football Club outright.
Prince Faisal bin Fahad bin Abdullah and his investment group F6 are to have further discussions with George Gillett in a weeks time.
Barry Didato, a senior director of F6 has said:
“His Highness’ shareholding could go from anything from nought to 100 per cent
“But he cannot be seen as a solution to the debt or problems in the existing relationship between the owners. His Highness would not want to get involved. He is not a marriage counsellor.”
“The debt has to be at a manageable level before Prince Faisal would invest, and the current level is high
“He cannot be looked to as someone who is going to clean up the balance sheet. Gillett has to deal with this.”
It is clear that the Saudi group will not invest their own money in Liverpool Football Club until George and Tom do the same.
Better still – why don’t the pair of them just leave.