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The cousin of Manchester City owner Sheikh Mansour reportedly failed with a £2 billion attempt to purchase Liverpool from Fenway Sports Group in late 2017 and early 2018.

Adam Crafton and Matt Lawton of the Daily Mail reported Sheikh Khaled Bin Zayed Al Nehayan’s purchase attempt would have been the most expensive in football history had it been approved.

Liverpool chairman Tom Werner met with Sheikh Khaled and may feel upbeat about the decision not to sell, with the Reds having since reached the UEFA Champions League final in May, when they lost 3-1 to Real Madrid.

Although the takeover attempt sounds significant, the Mirror‘s David Maddock insisted it was a futile attempt by Sheikh Khaled, owing to the fact it went against FSG’s desire to secure small investment

According to Crafton and Lawton, the bid did include Chinese investment and would have been a joint venture with Sheikh Khaled, who is an Emirati of the Al Nahyan ruling family.

It is said that Stephen D. Greenberg, managing director of a firm called Allan & Co., was sought out to attract investment. It’s also mentioned Greenberg and Sheikh Khaled were in “prolonged talks.”

According to the report, a Swiss hedge fund named Alternative Advisors had been sought out to help raise these funds, and an email witnessed said an agreement for a total sale had been agreed: “The client wishes a financial partner for the acquisition of a British football club. Client has confirmed to AA that the current shareholder of the club agreed to sell 100% of the share of the club on the basis of a £2bn valuation.”

Liverpool have insisted no sale was ever agreed, however, and those currently in charge have stood firm in that the Reds are not for sale.

Manchester City’s spending was sent into the stratosphere after Pep Guardiola’s 2016 arrival at the Etihad Stadium and bore fruit with a rampant run to the Premier League title last term, his second campaign with the club.

Liverpool’s trip to the Champions League final in May and their overall improvements under Jurgen Klopp suggests they’re catching up with the Citizens,