London: Indian billionaire G Mallikarjun Rao may take over English Premier League Club Liverpool for £450 million, a British newspaper has reported.
Rao, who is worth £4.2 billion and owns Indian Premier League cricket team Delhi Daredevils, is considering a major investment in Liverpool after its co-owner Tom Hicks has approached him for a sponsorship, News of the World said.
"The GMR group (owned by 58-year-old Rao) were invited by Hicks and their representative watched the Arsenal match in the directors' box with Hicks' son Tommy. It was quite clear the representative was a fan," a source was quoted as saying.
In fact, it all started with the American co-owners, Hicks and George Gillett, wanting to sell the club for £450 million or invite huge investment to back Liverpool's re-emergence as a title force.
The two have endured a fractious relationship since joining forces at Liverpool, arguing over the governance and direction of the club, but recently have presented a united front as they strive to attract new finance.
Liverpool are also understood to have held talks with a Kuwaiti investment group, led by Naffer Al Kharafi, the report said.
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