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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (266228)	8/4/2010 8:03:11 AM
From: dealmakr	Read Replies (1) of 306849

Syrian claims to be close to buying Liverpool I never knew that the real estate crisis was so bad in Great Britain. Now it seems that everything has its price. dealmakr LONDON – A Syrian businessman has claimed he is in "advanced negotiations" to buy Liverpool from the Premier League club's financially troubled owners. Yahya Kirdi, a former Syria international, is representing a group of investors from the Middle East and Canada. Kirdi said in a statement Wednesday that an "agreement has been reached on all major terms, including the purchase price, repayment of the existing bank debt from RBS and Wells Fargo and financing of a new stadium." Kirdi says he is in the "final stage of negotiation" with American owners Tom Hicks and George Gillett Jr. But Kirdi's group isn't the only one trying to buy the club. Chinese businessman Kenny Huang has offered to buy Liverpool's $374 million debt. Well posted this article just for kicks. dealmakr

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