Hicks terminates DIC talks

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Just as things looked to be getting cleared up and investment from DIC on the horizon, Tom Hicks has terminated talks with them and states they will not be investing in Liverpool FC.

The lying Texan hypocrite issued a statement this evening in which he somehow claims to have 13 succesful years of experience owning professional sports teams – something fans of those said sports teams would highly argue, and further more, those teams have all been based in the USA and hence Hicks’ continual lack of knowledge of European football.

Hicks has blocked the talks based on the fact DIC wish to run the club to be managed by committee, which would relinquish Hicks’ control over the club (something all fans are keen to see), but Hicks doesn’t like the thought of not being in control and instead the power happy American has ended talks and leaves the future of Liverpool very unclear.

The financial mess aswell as huge problems with communications in the club are now set to continue and just where it will all end?

Hicks’ statement:

“Based on a meeting held earlier today in Dubai between my representatives and officials of Dubai International Capital LLC, as well as other recent contacts between us and them, I have decided to terminate any further discussions with DIC regarding their possible purchase of a minority stake in Kop and, in turn, in the Club.

“DIC made it clear that if they invested in the Club, they would want it to be managed by committee. Based on my thirteen years of successful experience as an owner of professional sports teams, and based in particular on the situation at Liverpool Football Club over the past year, it is clear to me that such a committee approach would not be in the best interest of Kop, of the Club or of the Club’s loyal and passionate supporters.

“Accordingly, I have decided to exercise my right under the Kop Football (Holdings) Limited partnership agreement to veto any sale of any portion of Kop and the Club to DIC.

“I and my colleagues and representatives will continue to explore a number of other options with regard to the ownership of Kop and the Club aimed at achieving an appropriate ownership, financial and organizational structure for Kop and the Club over the long term.”