Mukesh Ambani Subroto Roy bidding for Liverpool?
The seventh richest man in the world, along with one of Sahara Group Chairman Subroto Roy have tendered bids to pay off Liverpool's ���237 million debt.
MUKESH AMBANI has reportedly quashed reports that he is mulling a bid for the Liverpool club. The Times reported on Wednesday that the seventh richest man in the world, along with one of Sahara Group Chairman Subroto Roy have tendered bids to pay off Liverpool’s £237 million debt in return for a 51 per cent stake in the club.
A source close to Hicks and Gillett said that the two would reject any bid that left them with less than 50 per cent of the club’s shares since this would mean they would lose control of the club. Other potential bidders for the club include a Saudi Arabian consortium and a United States-based buyer, reportedly offering £100 million in exchange for 40 per cent of the club. Mukesh Ambani is already a big player in sport. In 2008 he created the Mumbai Indians, one of the eight teams in the Indian Premier League (IPL), having paid £70 million to buy the franchise. His brother and rival Anil Ambani has been linked with a bid for one of two new franchises in the IPL that will be put up for auction at the end of the month, with a starting price of £140 million.
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