Hicks allows Gillett to sell-up – Reports

By Max Munton On · 6 Comments · In LFC News

Reports accross several of today’s Sunday’s papers suggest that Liverpool co-owner is ready to sever his ties with business partner George Gillett and allow him to sell his 50% share in Liverpool Football Club.

The American businessmen bought the club in February 2007 and until recently it was thought that Hicks had blocked moves by Gillett to sell his share in the club to a new investor.

Now, with rumours abound that Gillett is heading to Saudi Arabia for talks on selling his share, it looks as if Hicks will not stand in the way of a new investor joining the club.

A “source” told the Daily Mail, “Tom would be open to considering someone interested in buying George Gillett’s shares, but is still committed himself longterm. Rafa also has Tom’s full support as manager.

“He sees the early defeats this season as a wake-up call but believes the Premier League is more competitive in general this season.

“Despite losing at Chelsea, he is consoling himself with the fact they still have to come to Anfield.”

It is understood that Saudi Arabian Prince Faisal is lining up an offer to take Gillett’s share in the club, but would prefer to take 100% control of the club and buy-out Hicks as well.

The Prince though has expressed his concerns at the club’s debts and the relationship between Hicks and Gillett.

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  • Sam Wanjere

    It’s time for closure on this issue. Messrs G & H have really caused pain to the best fans in the world, reneged on basically all promises to the club, and just failed to spur us forward. One thing I do marvel though is the continued spirit of fans (real fans who stand with the club through thick and mostly thin), and our continued over-achievement on the pitch). It might not look like we have much going for us but we still attract class like Torres and Reina (even for every Alonso that leaves). We still plod on in the money-makers, the likes of the UEFA CL. It makes me wonder how much more we can achieve with a Man City-like owner. All I’ll say is good riddance to Gillette.

  • Sam Wanjere

    It’s time for closure on this issue. Messrs G & H have really caused pain to the best fans in the world, reneged on basically all promises to the club, and just failed to spur us forward. One thing I do marvel though is the continued spirit of fans (real fans who stand with the club through thick and mostly thin), and our continued over-achievement on the pitch). It might not look like we have much going for us but we still attract class like Torres and Reina (even for every Alonso that leaves). We still plod on in the money-makers, the likes of the UEFA CL. It makes me wonder how much more we can achieve with a Man City-like owner. All I’ll say is good riddance to Gillette.

  • gg

    It’s not good for us that an Arabic man take the controll of our club!!!But actually we need more BIDS to develope our youth acadamy & also buying more world class players. It’s seems to be useful! GO ON REDS!!!!!!!!!!!!!!!!

  • gg

    It’s not good for us that an Arabic man take the controll of our club!!!But actually we need more BIDS to develope our youth acadamy & also buying more world class players. It’s seems to be useful! GO ON REDS!!!!!!!!!!!!!!!!

  • Michael Camps

    Our main priority must be to build the new stadium, and build our financial markets globally to be able to compete financially with the top clubs in the world. This will allow us to attract, and keep the best players. We have one of the biggest global fan bases in the world and we must be successful on and off the pitch to keep pace with the rest of the teams. If the Americans can’t deliver they need to stand aside and let someone else take us to the next level. If Prince Faisal is willing to pump his money into the club then so be it.

  • Michael Camps

    Our main priority must be to build the new stadium, and build our financial markets globally to be able to compete financially with the top clubs in the world. This will allow us to attract, and keep the best players. We have one of the biggest global fan bases in the world and we must be successful on and off the pitch to keep pace with the rest of the teams. If the Americans can’t deliver they need to stand aside and let someone else take us to the next level. If Prince Faisal is willing to pump his money into the club then so be it.