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AP Source: Blackstone ends interest in Liverpool

AP Source: Blackstone ends interest in Liverpool

A person familiar with Blackstone's plans says the private American equity company is no longer interested in investing in Liverpool football club.
Liverpool co-owner Tom Hicks had hoped to secure a 280 million-pound ($437-million) financing package from Blackstone and share control of the club in a move that would have prevented a quick sale of Liverpool.
But Blackstone is no longer pursuing its interest in Liverpool after considering an initial deal, a person familiar with the company's plans told The Associated Press on Monday. The person spoke on condition of anonymity because negotiations were private.
Hicks and co-owner George Gillett Jr. are facing an October deadline to repay the club's 237 million-pound debt to Royal Bank of Scotland.


Updated : 2021-10-29 05:33 GMT+08:00