Would-be Liverpool buyers are holding off negotiating terms with co-owners Tom Hicks and George Gillett.
The Sunday Times says Hicks and Gillett have hired Bank of America, Merrill Lynch and Rothschild to look for new investment, targeting the Middle East, but there is a strong feeling there that Liverpool are heading towards a financial crisis of their own making, one that will force the owners to sell.
A source who was involved in a previous Gulf-based bid for the club says: "There's a feeling among potential investors that they may as well wait for things to reach crisis point at Anfield, wait until the Americans are forced to find a way out at a reasonable price, than pay way over the odds now.
"Nobody is in a rush because the club is going nowhere fast with them in charge."
