Liverpool won’t be ‘rich man’s plaything’

LIVERPOOL chief executive Rick Parry insists the club will not become a “rich man’s plaything” if the prospective takeover by Dubai International Capital (DIC) goes through.

The firm, an investment company for Dubai’s ruler Sheikh Mohammed, is still working through the club’s accounts but is expected to make a formal offer for Liverpool worth around £450 million (€669m).

The Sheikh is reckoned to be the fifth richest person in the world with a fortune that dwarfs even the wealth of Chelsea’s billionaire owner Roman Abramovich, but Parry insists the takeover will not see Liverpool indulging in profligate spending.