The wires are awash with news that India’s GMR group is in talks with Tom Hicks for the buy out of Liverpool FC. This after it was reported that the talks with the Khorafi family of Kuwait didn’t go anywhere. GMR (also the initials of the owner) is ranked 198th on the Forbes Billionaires list and owns business ranging from real estate, infrastructure and construction to energy and more recently sports. GMR owns the Delhi Daredevils team on the IPL cricket league. There can’t be smoke without a fire, however Hicks has denied they are in talks.
After the acquisition of Jaguar and Rover, this would be a very high profile acquisition of a British business by an Indian. A fitting response to British rule…Indian style???