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.