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Two others bids emerged this week _ one from Singapore businessman Peter Lim and another from an American hedge fund Mill Financial. Hicks and Gillett said Wednesday there was also a bid from FBR Capital Markets for between $595 million to $635 million.

Lim said Wednesday he will not proceed with his bid because the board is intent on selling to NESV “at the exclusion of all other parties.”

“In these circumstances, I am not able to proceed with my intention to acquire the club,” Lim said, but added that “if current events cause the circumstances to change, my interest in acquiring the club remains.”

If Liverpool’s sale is delayed, the club could fail to meet Friday’s deadline to repay its debts to RBS. If Liverpool is put into financial administration, a form of bankruptcy protection, the club would be docked nine points by the Premier League. However, it seems unlikely that RBS would take the club into administration at this point.

Liverpool, an 18-time English league champion, is currently mired in the relegation zone after its worst start to a league season since 1953.