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clipped from www.guardian.co.uk
Mukesh Ambani

Two Indian business tycoons were reported last night to be lining up attempts to take control of Liverpool. Mukesh Ambani and Subrata Roy were said to be willing to pay off the club's £237m debt in return for a 51% stake in the club, according to The Times.

Ambani is India's wealthiest person with a fortune valued at about $20bn. He is the chairman of India's Reliance Industries and owns the Mumbai Indians cricket team. Roy, chairman of the Sahara Group, which sponsors the India cricket team, is also a billionaire.

Liverpool's co-owners, Tom Hicks and George Gillett, have been searching for fresh investment for some time but they are not thought to want to sell more than 50% of the club's shares.

They have been seeking investment of £100m for a minority stake in the club. The Americans have been ordered by the Royal Bank of Scotland to reduce Anfield's debt by £100m before July.

There is also said to be interest from the United States and from a Saudi Arabian consortium.

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