Saudi prince keen on Reds

A SAUDI prince is reportedly keen on buying half of Liverpool in a deal worth up to £350 million.

Prince Faisal bin Fahd bin Abdullah al-Saud – who chairs Saudi holding company Fama Group and the F6 sports investment firm – was quoted by the Saudi Al-Riyadh newspaper as saying that “we are seeking, at present, to own a 50% stake in the club.

“The value of the transaction, which is nearing resolution, will be between £200 million and £350 million.”

The comments come on the heels of an F6 statement released on Saturday that said Prince Faisal had signed a memorandum of understanding with one of Liverpool’s American co-owners, George Gillett Jr, as well as Richard Petty Motorsports.