Arab Sheikh Buys Majority Share of an Unnamed Premier League Club

(Photo by Christopher Furlong/Getty Images)

A leading Emirates news agency today claims Sheikh Ahmed bin Saqr Al Qasimi of the Ras Al Khaimah Department of Customs and Seaports, has purchased 60 percent of a leading English Premier league club.

Reports have also said the Sheikh will become honorary life chairman of the unnamed club after the takeover is fully completed and made public.

Reuters UK have also picked up the story, broken by WAM late on Sunday 21st June, and reports that a press conference will be held at some point this week revealing further details and the club's identity.

The speculation about the unnamed club has spread like wildfire across football forums already up-to-date with the breaking news.

UAE's The National newspaper have speculated about the club in question, and claim that Sheikh Ahmed will be collaborating with Sulaiman al Fahim in the forthcoming takeover of Portsmouth.

The announcement of Sulaiman al Fahim's takeover of the South Coast outfit was announced last week, but he is currently awaiting legal and financial due-diligence investigations before the deal can be fully finalised for 100 percent control of the club.

However, supporters believe the unnamed club is not Pompey because it is unlikely two Arab powerhouses would be happy sharing the club amongst themselves, and the little profit to be made from joint ownership. There is also the unnecessary act of silence by the parties involved for a club that is already publicly being taken over.

Another leading candidate is said to be Merseyside club, Everton, solidified by Toffee's chairman, Bill Kenwright, saying he would happily stand down for the right investors in order to take the club forward.

Although, it's being questioned by forum followers as to why the new suitors would only offer to buy just 60 percent of a club, with no serious opposing rivals to ownership, that could easily be bought for the full amount by such wealthy backers.

Liverpool are also being highly considered as likely candidates, with serious unrest between the current American owners, and the impending arrival of refinancing the £350 million loan taken out to purchase the club, a power-struggle that has been played out for the last four years looks to be nearing an end, according to some followers.

There has been apparent information from inside the Anfield corridors, suggesting the Liverpool has actually already been bought out by an Arab franchise, but the club are keeping it quiet in order to acquire summer targets before transfer fees rise astronomically.

The calm demeanour of Rafa Benitez during the last few weeks when discussing transfers and money matters, alongside comments like "we may break our transfer record" this summer, have gotten Liverpool supporters really believing something is happening behind the boardroom doors at Anfield.

There is also the recent resignation of Liverpool Chairman, David Moores, who some believe is part of the terms from the new possible takeover.

The next few days and weeks will have many Liverpool supporters on the edge of their seats as they hope to see the end of the American owners' reign with the club, and new investment from Arab consortiums are, once again, being welcomed with open arms.

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