Dubai International Capital to invest in Liverpool
As we know, DIC is the international investment arm of Dubai Holding, and they have been given the green light to begin negotiations over a £450 million buyout of the Reds, who are historically the most successful club in English football.
A club statement announced: "Liverpool Football Club confirms it has entered into a period of exclusive negotiations with Dubai International Capital about a possible investment in the club."
In fact, no deal has yet been agreed and the detail of any transaction, which may or may not include a formal offer by DIC for Liverpool Football Club, is still to be confirmed."
It's important to say that Liverpool would be joining an ever-growing list of Premiership clubs to be taken over by foreign investors.