Dubai International Capital, the investment agency owned by the ruler of Dubai, has denied involvement in possible bids for both Newcastle and Liverpool.
Backing down: Mike Ashley has felt the wrath of the fans and now Middle East investors could be put off Photo: PA
It follows the news that Mike Ashley wants to sell Newcastle after a tumultuous few weeks at the club and reported talks with Liverpool’s American owners over a fresh bid.
“DIC can confirm that it is not involved in any negotiations to buy LFC and is not planning a fresh bid for LFC or any other football club,” the United Arab Emirates-based company said in an e-mailed statement.
The sports retail tycoon, who bowed to fan power on Sunday, has despatched his representatives to the Middle East to find a buyer for the strife-torn club, but it looks as if Newcastle’s hierarchy will have to look elsewhere for potential investors.
