Potential Reds takeover hits problems

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Differences have appeared among the original consortium and one of the members, the Al-Sager family, say they will now continue with talks separately about buying by a percentage of Liverpool.

The latest development will cause some uncertainty for Liverpool's American owners Tom Hicks and George Gillett, who had hoped that Nasser Al-Kharafi - ranked the 52nd richest person in the world - would bankroll a takeover.

Hopes now appear to rest with the Al-Sagers putting together a new consortium of investors.

Abdulla Al-Sager said he is representing his family in the talks and will meet Hicks "within the next two weeks" to discuss buying a stake in the club.

Al-Sager said the Al-Kharafis would not be part of the talks, but that if his family did become stakeholders they would push through the delayed Stanley Park stadium.

He told Bloomberg: "They are willing to negotiate and we are negotiating and will continue to do so in the weeks to come.

"We want to build the new stadium in Stanley Park and make the team do really well."

Al-Sager said last week, when he was representing the consortium including the Al-Kharafis, that the £500million price tag put on the club was "too high".