The club's board is reported to have given the company, the international investment arm of the Dubai government-owned Dubai Holdings, the right to study the club's books and complete a deal. The board rejected a £450 million bid from American multi-millionaire George Gillett Jnr, as well as up to three other rival offers.
Dubai International Capital already owns several UK assets, including Madame Tussauds, the London Eye and the Travelodge chain.
The deal faces opposition from Liverpool fans who are opposed to the club falling into overseas hands, although it remains unclear whether the company is mounting a full takeover, or acquiring a smaller controlling stake for an injection of cash.
