Liverpool enjoying “rapidly growing commercial revenues” says Hicks

By Max Munton On · 44 Comments · In LFC News

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.”

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  • AussieRed

    Interesting – seems that we are following the same path as Hicks’ US sports investments! Makes me wonder why he bothers!

    Looking at his time with the Texas Rangers, Hicks has failed to invest in decent players – except one who turned out to be hopeless, into drugs and whom was sold at a US$70 million plus loss. Funnily enough the fans hate him and want him to sell the club because he wont spend money on good players.

    Then we look at the Dallas Stars who actually won an NHL championship in the late 90s, 3 years after he bought in. However, investment started to slide in the 21st century and the lockout of 2004 seems to have ensured Hicks can survive due to the salary cap introduction. Hicks had already started to put a hold on wages and player investment and still spends significantly less than the salary cap…..whilst expecting to win!

    Just can’t see things changing without someone with a true love and understanding with an of the club (with an investment philosophy to match) making a purchase. Hope it comes, but can’t help but feel that we might be heading for a few seasons of average results before the Americans bail out – all the while we will watch the other clubs get stronger. It is a fact – strong clubs require strong player investment.

  • AussieRed

    Interesting – seems that we are following the same path as Hicks’ US sports investments! Makes me wonder why he bothers!

    Looking at his time with the Texas Rangers, Hicks has failed to invest in decent players – except one who turned out to be hopeless, into drugs and whom was sold at a US$70 million plus loss. Funnily enough the fans hate him and want him to sell the club because he wont spend money on good players.

    Then we look at the Dallas Stars who actually won an NHL championship in the late 90s, 3 years after he bought in. However, investment started to slide in the 21st century and the lockout of 2004 seems to have ensured Hicks can survive due to the salary cap introduction. Hicks had already started to put a hold on wages and player investment and still spends significantly less than the salary cap…..whilst expecting to win!

    Just can’t see things changing without someone with a true love and understanding with an of the club (with an investment philosophy to match) making a purchase. Hope it comes, but can’t help but feel that we might be heading for a few seasons of average results before the Americans bail out – all the while we will watch the other clubs get stronger. It is a fact – strong clubs require strong player investment.

  • simplay9

    Does this joker think that anything he says any respectful LFC fan now believes…Go back to baseball and Hockey, Hickery Dickery…and as for his partner the only good thing about Gillette is the fusion range with 5 blades for an improved shave. They must have skin like Rhino’s to still be here, they just want to make money by selling the club to the highest bidders and in the meantime LFC look as far away as ever in chellenging for honours.

  • simplay9

    Does this joker think that anything he says any respectful LFC fan now believes…Go back to baseball and Hockey, Hickery Dickery…and as for his partner the only good thing about Gillette is the fusion range with 5 blades for an improved shave. They must have skin like Rhino’s to still be here, they just want to make money by selling the club to the highest bidders and in the meantime LFC look as far away as ever in chellenging for honours.

  • inthdoghouse

    Perhaps Mr. Hicks things may have been better on the pitch if you’d have backed Benitez in the summer. Start looking at yourself and that poisoned dwarf of a partner before you go criticizing other areas.

  • inthdoghouse

    Perhaps Mr. Hicks things may have been better on the pitch if you’d have backed Benitez in the summer. Start looking at yourself and that poisoned dwarf of a partner before you go criticizing other areas.

  • inthdoghouse

    Perhaps Mr. Hicks things may have been better on the pitch if you’d have backed Benitez in the summer. Start looking at yourself and that poisoned dwarf of a partner before you go criticizing other areas.

  • Odin telamon

    Just watched the match nothing much too say other than rafa go

  • Odin telamon

    Just watched the match nothing much too say other than rafa go

  • Odin telamon

    Just watched the match nothing much too say other than rafa go

  • redkenny

    benny out for a few weeks…..oh dear this just goes on and on …..i suppose its next season …..again …is it?

  • redkenny

    benny out for a few weeks…..oh dear this just goes on and on …..i suppose its next season …..again …is it?

  • redkenny

    benny out for a few weeks…..oh dear this just goes on and on …..i suppose its next season …..again …is it?

  • kaleb

    Yeah all the yanks fault isnt it?! Rafa is not to blame for any of it is he? If that useless prick cant put a team together to beat birmingham……he should never manage another side again. Rafa, you just dont have what it takes to cut it in england.

  • kaleb

    Yeah all the yanks fault isnt it?! Rafa is not to blame for any of it is he? If that useless prick cant put a team together to beat birmingham……he should never manage another side again. Rafa, you just dont have what it takes to cut it in england.

  • kaleb

    Yeah all the yanks fault isnt it?! Rafa is not to blame for any of it is he? If that useless prick cant put a team together to beat birmingham……he should never manage another side again. Rafa, you just dont have what it takes to cut it in england.

  • kevin

    we were lucky today. Ngog sold it well, but we got away with one. my fear is that Rafa has lost the team at this point. come on you reds.

  • kevin

    we were lucky today. Ngog sold it well, but we got away with one. my fear is that Rafa has lost the team at this point. come on you reds.

  • kevin

    we were lucky today. Ngog sold it well, but we got away with one. my fear is that Rafa has lost the team at this point. come on you reds.

  • Odin telamon

    Kaleb could not have put better,if you go on the daily mail lfc page and see the link pages the idiots says to an African website that more or less the title is still on what is this guy snorting

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