DIC set to buy Reds?

Today's Daily Mirror is reporting that Dubai International Capital have the outline of an agreement to buy the Reds from George Gillett and Tom Hicks. They are reporting the deal could go through by mid-March.

Sources in New York are claiming DIC are set to buy Liverpool for £460m which will allow the American duo to walk away with a substantial profit.

"These talks are still ongoing. Tom and George want to make sure they get the right price for giving up the club," an insider told the paper.