Liverpool's owners have been given a £400m take-it-or-leave-it offer from Dubai International Capital to buy the club, BBC Sport understands.
Government-run Dubai investment fund DIC have been in talks with George Gillett and Tom Hicks to buy the club.

BBC 5 Live understands Gillett is willing to sell, but co-owner Hicks is not, but both have to agree to sell for any deal to go through.

DIC has denied the deadline for a decision is by the end of Tuesday.

"I'm told the offer from DIC is £400m," said BBC Radio 5 Live football correspondent Jonathan Legard.

Source BBC Sports

four hundred million does seem to be a fairly attractive price but i think that liverpool's fortunes will depend on how they perform against inter and beyond. if things don't go as expected dic might well be able to buy at this price.

Well £400 million does give each Owner(Messrs Hicks & Gillett) a £25million walk away gift, seeing as they are £350million in debt.

well you won't have to wait for too long to find out which way the wind is blowing because any hiccups in the next few matches will have quite an impact on the sale or non-sale of liverpool fc

Liverpool's future is still unclear after co-owner George Gillett failed to agree a deal with Dubai International Capital over his 50% share in the club.

DIC has tabled a £400m bid to take control of Liverpool from Gillett and his fellow American partner Tom Hicks.

Representatives for DIC held talks with Gillett's lawyers at a London hotel on Tuesday, with Liverpool chief executive Rick Parry also in attendance.

BBC Sport understands the talks were "cordial" but the parties remain apart.

Source BBC Sports.