Liverpool's owners "may be coming next week", to discuss a deal, the senior official, who declined to be named, told the newswire.
Ian Cotton, Liverpool FC's director of communications, said: "At the moment, we are not commenting on this speculation."
Liverpool has lost ground on better funded teams like Chelsea Football Club and Manchester City Football Club when competing for the world's best players.
It's also struggling on the pitch. Liverpool was last month eliminated from the lucrative UEFA Champions League, costing the club an estimated GBP10 million on its projected income from the competition.
Ras Al Khaimah's royal family is the latest Gulf investor to be linked with Liverpool. In September, the club was linked with Saudi Prince Faisal Bin Fahad Al Saud in a 350 million pound deal for a 50 percent stake.