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Billionaire Steel Tycoon to invest in Liverpool?


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Guest Kuzco
Posted

http://liverpoolfc.co.za/groupee/forums/a/...43/m/3201027112

 

Following on from the Liverpool Echo's story about Liverpool apparently "securing" a good investment, it is alleged that the investor could be London-based Indian Billionaire Lakshmi Mittal.

 

Mittal is chairman and majority owner of Mittal Steel. For those of you who are regular readers of South Africa's Business Day, you will know that Mittal has been in the news lately after being faced with fresh charges of "excessive pricing" policy over the sale of steel to the local industry here.

 

In March 2006, he was reported to be the fifth wealthiest person in the world by Forbes Magazine (Up from 63rd richest in 2004), with an estimated wealth of US$23.5 billion.

 

The Mittal family owns 88% of Mittal Steel, according to The Guardian in the UK .

 

His residence in Kensington, bought in 2003 for £70 million ($128 million) from Formula One car racing boss Bernie Ecclestone, is the world's highest price ever paid for a house.

 

Mittal has two children. He paid over $60 million to host his daughter Vanisha's wedding celebration in Vaux le Vicomte in 2004, the most expensive wedding in world history. His son Aditya is a director of Mittal Steel.

 

Only time will tell if this "rumour" is indeed true. I'm not sure what Mittal is offering in terms of investment.

 

Another "worrying" aspect about him is that he is apparently a fan of Fulham.

 

More to follow if this is indeed true.

Posted

It's a Koptalk rumour.

 

Regardless, I've seen countless rich men talked about on this site, including American cheese makers, ad nauseum. It's a bit late for us to be getting pious about another hat being thrown in the ring.

Posted

Regardless, I've seen countless rich men talked about on this site, including American cheese makers, ad nauseum. It's a bit late for us to be getting pious about another hat being thrown in the ring.

 

Just providing further information. Knowledge is power after all.

Posted

Regardless, I've seen countless rich men talked about on this site, including American cheese makers, ad nauseum. It's a bit late for us to be getting pious about another hat being thrown in the ring.

 

there's a difference between threads on a message boards and baseless articles appearing on newsnow to generate hits for your site.

Posted

There is definitely something afoot regarding investment, I heard that a big deal was 3 weeks away ( whatever that mean ), and by big, I mean, massive, something about an Asian business man, maybe this could be him.

Posted

to shoot off at a tangent ;)

 

i was on an old machine at work last night and happened to click on the old link for this site. here it is:

 

http://www.ynwa.info/

 

i'm not sure if it was entirely related :hmm: but around the same time i saw that, i couldn't get the thought 'chip on shoulder' out of my mind.

 

:lol:

 

what a blert

Posted

There is definitely something afoot regarding investment, I heard that a big deal was 3 weeks away ( whatever that mean ), and by big, I mean, massive, something about an Asian business man, maybe this could be him.

 

I think you'll find if your information bears any resemblance to that which might appear on 'other' sites that it'll be wrong.

 

Hope that helps. ;)

Posted

There is definitely something afoot regarding investment, I heard that a big deal was 3 weeks away ( whatever that mean ), and by big, I mean, massive, something about an Asian business man, maybe this could be him.

 

Or maybe Thaksin Shinawatra? :yes:

Posted

There is definitely something afoot regarding investment, I heard that a big deal was 3 weeks away ( whatever that mean ), and by big, I mean, massive, something about an Asian business man, maybe this could be him.

 

Seems likely then - there arent many people in Mittals territory when it comes to millions.

Posted

Two pieces of info I thought made for great reading on Mittal

 

His residence in Kensington, bought in 2003 for £70 million from Formula One car racing boss Bernie Ecclestone, is the world's highest price ever paid for a house.

 

Mittal has two children. He paid over $60 million to host his daughter Vanisha's wedding celebration in Vaux le Vicomte in 2004, the most expensive wedding in world history.

 

He's not exactly tight with his $24 billion is he ;)

Posted

to shoot off at a tangent ;)

 

i was on an old machine at work last night and happened to click on the old link for this site. here it is:

 

http://www.ynwa.info/

 

i'm not sure if it was entirely related :hmm: but around the same time i saw that, i couldn't get the thought 'chip on shoulder' out of my mind.

 

He's a f*cking shytehouse isn't he. Done the same with Liverpoolway too.

Guest Kuzco
Posted

I think Lakshmi Mittal is being interveiwed on Radio 5, 7pm tomorrow evening. Weekend business with Jeff Randall, if anyone is intereted that is.

 

Interesting. thanks for that.

 

either way we will find out pretty soon if it is true or not.

Posted

I'd be very happy if he sorted the new stadium, bought Rafa three top players of his choosing (on top of normal budget) and then helped the club to sort itself out better in terms of the budiness side of things and making more money (to secure long term income generated by the club itself).

 

I'm not sure that I want unlimited millions coming into the club.

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