Private Saudi sports investment firm F6 said yesterday that talks with George Gillett, the American co-owner of Liverpool, to buy a stake in the club are on hold.
Gillett arrived in midweek to Riyadh sparking speculation that the visit will push towards the conclusion a deal with F6 owners, who include Saudi Prince Faisal bin Fahd bin Abdullah and Saudi businessman Majed al-Hugail.
"The purchase of a stake in Liverpool has not been discussed throughout Gillett's visit, not for even five minutes," F6 Deputy Managing Director Gassim Hamidaddin told Reuters.
"The discussions are now on hold.
"The idea of buying a stake in Liverpool was put on the table in September but since then nothing happened," he added.