Livepool co-owner Tom Hicks says the club are happy with their current financial situation and that big name players such as Steven Gerrard and Fernando Torres will not have to be sold.

The news comes amidst Reds fans demanding more answers from the club’s owners after reports in the summer suggesting the club is in financial turmoil.

But Hicks says that new commercial deals brought to the club by new managing director Christian Purslow are improving the state of the club’s books.

He told the Sundy Mirror,”None of our star players will be sold, regardless of results.

“The club is doing very well due to rapidly growing commercial revenues. We have significant investor interest and want to make sure that we pick high-quality partners.

“We are happy with the way things are going financially but we hoped things would be better on the pitch.”