[BAD NEWS] Hicks could take full control of Liverpool

• limpper

  11 Oct 09, 13:08

  Liverpool co-owner Hicks green light for Gillett to sell stake

  Liverpool co-owner Tom Hicks is prepared to see George Gillett sell his half of the club.

  The Sunday Mirror says Hicks has paved the way for Prince Faisal bin Fahd bin Abdullah al-Saud to buy Gillett’s stake in the club.

  But Hicks has made it clear he will be staying at Anfield, whether or not his fellow American Gillett sells up.

  A source close to Hicks confirmed: “Tom would be open to considering a partnership with someone willing to buy George Gillett’s shares.

  “It is still the case that the sale of any shares in Liverpool FC requires the other partner’s consent.

  “Tom has made it clear, though, that he still has a long-term commitment to the club.”

  Prince Faisal has stated that he is willing to pay up to £350million for Gillett’s 50 per cent share of the Merseyside club – but that figure will depend on Liverpool’s owners substantially slashing debts which are more than £300m.

• limpper

  11 Oct 09, 13:09

  Hicks fully behind Liverpool boss Benitez

  Liverpool co-owner Tom Hicks is fully behind manager Rafa Benitez.

  Last week, fellow owner George Gillett told the fans to place the blame for an inconsistent start to the season – which has seen three defeats in the Premier League and one in the Champions League – on the shoulders of the manager rather than criticise the owners for a lack of player investment.

  Benitez, however, retains the total backing of Hicks. A source told the Sunday Mirror: “Rafa has Tom’s full support.

  “Losing two early games was disappointing but perhaps it was a wake-up call because the team then had six straight wins before losing at Chelsea, which is always a tough match.

  “There is no panic because there seems to be a lot more balance in the Premier League this year. As for the stadium plan, there is a YouTube clip that proves George Gillett said a spade would be in the ground in 60 days, not Tom.

  “In fairness to George that was the plan, but it was discovered two weeks later that the plans were seven years old and obsolete and when new designs and approval were completed. then came the credit meltdown.

  “The plan now is to reduce bank debt and have a strong balance sheet to facilitate obtaining new stadium finance when the markets reopen in a year or two.”

• charleslee

  12 Oct 09, 00:06

  Originally posted by limpper:

  Hicks fully behind Liverpool boss Benitez

  Liverpool co-owner Tom Hicks is fully behind manager Rafa Benitez.

  Last week, fellow owner George Gillett told the fans to place the blame for an inconsistent start to the season – which has seen three defeats in the Premier League and one in the Champions League – on the shoulders of the manager rather than criticise the owners for a lack of player investment.

  Benitez, however, retains the total backing of Hicks. A source told the Sunday Mirror: “Rafa has Tom’s full support.

  “Losing two early games was disappointing but perhaps it was a wake-up call because the team then had six straight wins before losing at Chelsea, which is always a tough match.

  “There is no panic because there seems to be a lot more balance in the Premier League this year. As for the stadium plan, there is a YouTube clip that proves George Gillett said a spade would be in the ground in 60 days, not Tom.

  “In fairness to George that was the plan, but it was discovered two weeks later that the plans were seven years old and obsolete and when new designs and approval were completed. then came the credit meltdown.

  “The plan now is to reduce bank debt and have a strong balance sheet to facilitate obtaining new stadium finance when the markets reopen in a year or two.”

  and the way to have a strong balance sheet is to have lil' tom to sell his shares as well...

• limpper

  12 Oct 09, 00:40

  Hicks could take full control of Liverpool

  Tom Hicks could become sole owner of Liverpool.

  The Sunday Times reports Hicks says he would be keen to work alongside anyone ready to buy some or all of George Gillett’s shares. This sets up the prospect of Prince Faisal al-Fahad bin Abdullah bin Saud becoming co-owner at Anfield.

  However, Hicks would even consider buying some of Gillett’s shares himself to rid Anfield of his countryman. Gillett will meet Prince Faisal in Saudi Arabia on Wednesday to try to sell some or all of his stake.

• charleslee

  12 Oct 09, 11:08

  but hey, one of the clowns is gone...tt's not so bad la..

• sg_forum

  12 Oct 09, 13:28

  Amen...

• AEW5001

  12 Oct 09, 15:08

  Originally posted by charleslee:

  but hey, one of the clowns is gone...tt's not so bad la..

  
  i want both out

• Rock^Star

  12 Oct 09, 16:13

  hey me nt pool fan but what actually have they done to the club besides the lack of transfer funds recently?

• charleslee

  12 Oct 09, 16:47

  Originally posted by sg_forum:

  Amen...

  
  haha, must put more religion too.. like buddhist, hindusim and islam.. singapore is mulit-racial and multi-cultural mah..

• charleslee

  12 Oct 09, 16:49

  Originally posted by AEW5001:

  
  i want both out

  
  must wait a bit longer....wait our prince to raise more $$ to tempt tt greedy fella out...

• charleslee

  12 Oct 09, 16:53

  Originally posted by Rock^Star:

  hey me nt pool fan but what actually have they done to the club besides the lack of transfer funds recently?

  
  not just that, they r big liars... they said they will not put debts on the club, then wat happened? those buggers actually put more than 300 million dollars( and increasing) worth of debts on the club..in addition, those clowns promised a new stadium to increase revenue for the club....but wat happened? they r so poor that the building of the stadium haven't even started, a lack of foresight in predicting the market...plus the open feuding of the owners and the owners undermining Rafael benitez's power by trying to get a club football failure like jurgen klinnsmen to become the gaffer...dun u tink it's freaking ridiculous?