DIC 'not involved' in Liverpool bid

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

The move has come following claims that Newcastle owner Mike Ashley has tried to interest them in a bid to buy the club, but Monday's statement only serves to underline a situation that has existed for some time with regard to Liverpool.

DIC issued a statement which said: "Following inaccurate speculation regarding DIC and Liverpool FC, DIC can confirm that it is not involved in any negotiations to buy LFC and can confirm that it is not planning a fresh bid for LFC or any other football club."

The statement continued: "Nor is DIC or any other Dubai-based party aware of any consortium or vehicle involved in a bid.

"DIC has not mandated PCP to act for DIC or to act for them in any matter whatsoever. DIC would like to wish LFC and it's fans a successful future."

DIC is now no longer being used as the financial vehicle to try to buy the club, and that the Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum is now handling the situation as a personal venture.

That has been the case since early summer when the sheikh took on the attempts to buy out Liverpool owners Tom Hicks and George Gillett.

Those negotiations have been carried out in the UK by a company, PCP, run by Amanda Staveley, who has been involved in negotiations for the successful purchase of Manchester City by an Abu Dhabi group. That deal is expected to be finally concluded this week.

It is still thought that Sheikh Maktoum would still like to buy Liverpool, but those negotiations have not progressed during the summer.

In that time Liverpool's owners have failed to raise the funds to build a new stadium, and have put back that venture for a year.