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Saudi prince eyes Liverpool stake
Liverpool's American co-owner George Gillett is in Riyadh for talks with Prince Faisal about the Saudi royal family's alleged interest in buying a stake of up to 50% in the English club.
Liverpool co-owner George Gillett is visiting Saudi Arabia this week to negotiate investment opportunities with the country's Prince Faisal, who is reported to be interested in buying a stake of up to 50% in the English club.
Gillett was shown around Riyadh's major football clubs, including Al Shabab and Al Nasr. The US businessman was impressed with what he saw.
"We have a great appreciation for the respect that the government of Saudia Arabia has for the youth of this country. They're committed to both facilities and programmes to bring more and more youth to a higher level in all sports, but particularly in football, so it would be a privilege for us to help”, he said.
The visit follows a trip by the prince to Liverpool last month, during which the two parties agreed to work together to create football academies in the Middle East.