Canadian company to buy Liverpool FC

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Liverpool, Aug 4: Media reported that a Canadian-based consortium is close to buy the Premier League club Liverpool FC.

A Syrian businessman, Yahya Kirdi, announced on Wednesday, Aug 4 that the consortium led by him was close to buying Liverpool from the club's American owners.

"Agreement has been reached on all major terms including the purchase price, repayment of the existing bank debt from Royal Bank of Scotland and Wells Fargo and financing of a new stadium in Liverpool's Stanley Park,'' said Yahya Kirdi.

"Liverpool is a massive football club with passionate and proud fans in Merseyside and in every part of the world,'' Kirdi added.

On Monday, Aug 2 Kenny Huang, a Chinese investor, also announced the takeover of the Premier League club by his company.

American owners Tom Hicks and George Gillett Jr announced the sale of the club in Apr 2010 following the amid pressure from banks over the club's $374 million of debt.

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