DIC to complete Liverpool takeover this week

Liverpool are set to be in the hands of new owners by the end of the week.

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The News of the World says Liverpool will be bought for £350million by Dubai International Capital to end the club's American nightmare.

The Arabs are likely to make their move as early as the end of the week to oust owners Tom Hicks and George Gillett.

The Americans, who have had a tempestuous relationship with manager Rafa Benitez, controversially want to dump their debt on Anfield as they seek to re-finance to the tune of £350m. DIC had been negotiating with Gillett in a bid to oust Hicks but now they are determined to buy out BOTH Americans.

An Anfield source said: "In a strange way DIC may think it's worth waiting for the Americans' to refinance because it will lessen the value of the club because of the level of debt.

"But the best thing that can happen is for the pair of them to get out now. It's clear the old board has made a huge mistake selling to these two."

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