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Monday, 11 November, 2002, 13:51 GMT
Gaddafi shows Liverpool interest
Saadi Gaddafi
Saadi Gaddafi already owns a stake in Juventus
The son of Libyan leader Colonel Muammar Gaddafi reportedly wants an investment deal with Liverpool FC.

Saadi Gaddafi is believed to see the English Premiership club as Libya's "next step" in its European football investment drive.

The 29-year-old, who plays for the Libyan national side and is president of its football federation, is reputedly a big fan of Liverpool and England striker Michael Owen.

Libya already owns a 7.5% stake in top Italian team Juventus.

Michael Owen
Saadi Gaddafi is a big fan of Michael Owen
In an interview published on Friday, he said he would meet Liverpool club officials to discuss the proposals.

Gadaffi told the Financial Times the oil-rich state was considering investing in the club's proposed new �80m stadium in Stanley Park.

Other options include marketing Liverpool's merchandise in the North African state, although Mr Gaddafi ruled out buying a stake in the club itself.

But a Liverpool spokesman said it had held no negotiations about the proposals.

The club has reportedly received an invitation to play a game in Libya in May 2002.

Business interests

The Libyan Arab Foreign Investment Company (Lafico), which Mr Gaddafi advises on football investments, bought into Juventus in 2001.

The Turin club's shirts now carry the logo of Tamoil, the Libyan state oil company, in Champions League matches.

The country also hopes to be the first African country to stage the World Cup in 2010.

It is currently rebuilding its image since sanctions were lifted in 1998, following the handing over of two Libyan suspects accused of planting the Lockerbie bomb.

A spokesman for Gaddafi said his recent trip to Anfield, where he also watched the Champions League match against Spanish side Valencia was aimed at helping him set up a national training academy in Libya.

See also:

26 Sep 02 | Africa
14 Aug 02 | Africa
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