Liverpool are set for a massive cash injection in the summer. The Daily Star claims that a member of the Abu Dhabi royal family is planning a £700 million takeover of the Merseyside club in the summer.
The report further claims that the talks have already taken place at the start of the month over a proposed sale, and that the mystery man behind the takeover could be Sheikh Khalifa, the President of the United Arab Emirates and the half-brother of Manchester City owner Sheikh Mansour.
The Reds are currently owned by John W. Henry and his American sports investment company Fenway Sports Group. The US firm bought the club for £300 million in October 2010.
The proposed move could mean that manager Jurgen Klopp will be allowed to spend with a free hand in the transfer window.
According to The Daily Star, Bayern Munich forward Robert Lewandowski tops the wishlist of Klopp as the German will now be able to compete with the buying power of the top European clubs. The Polish striker has previously played under Klopp at Borussia Dortmund, but recently extended his deal at Bayern.