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.