Investment group Dubai International Capital (DIC) says it is not in talks about buying a Premier League club.

Reports have suggested that the investment arm of the Dubai government may bid again for Liverpool, while it has also been linked to Newcastle.

But a DIC statement read: "DIC is not involved in any negotiations to buy Liverpool and is not planning a fresh bid for LFC or any other club."

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum is still linked to the Reds.

DIC failed with a bid to acquire 49% of Liverpool in March when the Anfield outfit's co-owner Tom Hicks ended negotiations with the company after months of negotiations.

But the ruler of Dubai Sheikh Mohammed is believed to want to pursue his interest in the Merseyside club, although he would not utilise DIC in any negotiations.

That has been the case since early summer when he was linked with an attempt to buy out Hicks and his co-owner George Gillett.

Those negotiations have been carried out in the UK by a company, PCP, run by Amanda Staveley, and which has been involved in negotiations for the successful purchase of Manchester City by an Abu Dhabi group.

The DIC statement continued: "Neither DIC nor any other Dubai based party is aware of any consortium or vehicle involved in a bid. DIC has not mandated PCP to act for DIC in any matter whatsoever.

"DIC would like to wish LFC and its fans a successful future."

Newcastle owner Mike Ashley revealed on Sunday that he would sell the club if the right offer came in after a series of protests from angry fans.

There were claims that Ashley tried to interest DIC in bidding for Newcastle but the Magpies owner will have to look elsewhere for a buyer.

(BBC)

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