Allen & Overy (A&O) and DLA have scooped leading roles on the Thai Government’s negotiations with Liverpool Football Club, which look set to result in the sale of a 30% stake in the club. A&O is understood to be advising the Thai Government, with DLA acting for Liverpool FC.

Talks are on-going for a new company set up by the Sports Authority of Thailand to buy a £64m stake in the club. The number of board places allocated to the Thai Government is thought to have been a sticking point, but the deal is expected to go through, pending the completion of the due diligence process in the coming months.