A Kuwait takeover of Liverpool is back on.

The Daily Star Sunday says talks between American co-owners Tom Hicks and George Gillett to sell all or a majority of their Anfield investment to a mega-rich Kuwait family are very advanced .

Despite denials, Nasser Al Kharafi - who is worth £9bilion - is closing in on a deal to become the new owner of the club.

His nephew Rafed Al Kharafi, who has attended recent Liverpool games as a guest of the club along with his chief negotiator Abdulla Al-Sago, are confident of striking a deal in the coming weeks.

What hasn't been finalised is what percentage of the club the Kuwaitis will end up with.

While Gillett has given an indication he will sell all of his holding for the right price, it's Hicks would like to still be involved - and could end up with 25 per cent of the club.