By John Lee.
Colonel Gaddafi was reportedly 'hours away' from buying a major stake in the British football club Manchester United.
Turkish-Cypriot financier Mehmet Dalman told the Sunday Times that he flew to Libya to discuss a deal to buy out John Magnier and JP McManus's 29.9-percent shareholding in 2004.
After discussions broke down over price, Gaddafi went on to purchase Italian club Perugia.
More details from The Telegraph.
(Source: The Telegraph)