Liverpool's third largest shareholder Steve Morgan has withdrawn his latest £70m offer to the English Premiership club.
Morgan called time on his attempts to invest today after over two months of discussions with the current board.
Earlier this month Morgan had pleaded at Liverpool's annual general meeting for the club to accept his fourth bid.
But today his lawyer Vincent Fairclough said the multi-millionaire property developer had 'lost patience'.
'Although Mr Morgan's earlier offers were to invest all £70m directly into the club this was not acceptable to the chairman,' he said.
