One of the most renowned football clubs in the world—Liverpool F.C.—has been approached by Indian billionaire businessman Mukesh Ambani with a takeover bid, according to several media reports.

Ambani is the eighth richest man in the world with a net worth of more than $90 billion. He is the chairman and managing director of Reliance Industries Ltd and is an avid sports fan. Currently, he is the owner of the Indian Premier League (IPL) team Mumbai Indians, and is the founder of the Indian Super League (ISL).

Fenway Sports Group (FSG) purchased the membership of the football club in 2010 and the group is now reportedly preparing to sell it for £4 billion.

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The current owner’s decision to sell the club comes after Liverpool’s poor start to the domestic season.

Though cricket continues to be the most followed sport in India, football is now slowly catching up.

However, the news is not officially confirmed as it has been not verified by the billionaire’s company yet.