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Liverpool confirm chairman may sell stake
LIVERPOOL, England, March 29 (Reuters) - Liverpool said on Wednesday that chairman David Moores could sell his majority stake in the 2005 European champions.
In a statement to the London stock exchange the Premier League club said talks were ongoing with a shortlist of potential investors, although a club source said no announcement was imminent.
Liverpool have been seeking an injection of funds over the past two years to reclaim their place at the top of English soccer and fund a new £170 million ($296 million) stadium.
The 18-times English champions last won the league title in 1990 and have lived in the shadows of Manchester United and Arsenal, and more recently Chelsea, who have benefitted hugely from a takeover by Russian billionaire Roman Abramovich.
'There is no imminent investment about to take place. We are still talking to various groups,' the club source told Reuters.
Spanish businessman Juan Villalonga is the latest name to be linked with the club.
Without revealing any details of potential investors, a statement from Liverpool confirmed that Moores would consider selling some, or all, of his controlling 51.5 percent stake.
LIVERPOOL, England, March 29 (Reuters) - Liverpool said on Wednesday that chairman David Moores could sell his majority stake in the 2005 European champions.
In a statement to the London stock exchange the Premier League club said talks were ongoing with a shortlist of potential investors, although a club source said no announcement was imminent.
Liverpool have been seeking an injection of funds over the past two years to reclaim their place at the top of English soccer and fund a new £170 million ($296 million) stadium.
The 18-times English champions last won the league title in 1990 and have lived in the shadows of Manchester United and Arsenal, and more recently Chelsea, who have benefitted hugely from a takeover by Russian billionaire Roman Abramovich.
'There is no imminent investment about to take place. We are still talking to various groups,' the club source told Reuters.
Spanish businessman Juan Villalonga is the latest name to be linked with the club.
Without revealing any details of potential investors, a statement from Liverpool confirmed that Moores would consider selling some, or all, of his controlling 51.5 percent stake.
