The Syrian businessman Yahya Kirdi claims he is close to sealing a takeover of Premier League football giants Liverpool.
The Chinese businessman Kenny Huang emerged this week as the latest of several potential buyers to submit a bid to buy the club, which is owned by Americans Thomas Hicks and George Gillett.
Overnight Kirdi, who represents a group of investors from the Middle East and Canada, claimed a price has been agreed and a formal purchase agreement is in the final stage of negotiation.
Kirdi's claims, however, are being treated with caution.
His representatives made similar claims in April when no deal was done and he has been dealing with Hicks and Gillett rather than Liverpool chairman Martin Broughton, who has been detailed to sell the club.
Kirdi is a resident of Canada and a former Syria international who oversees investments in Europe and North America on behalf of his investor group.
Liverpool say the club wants to conclude a deal before the end of the transfer window on August the 31st.