Hicks "wants to sell up"

[AFII]

Well, IF DIC would buy the club for a billion then it would show that they are not in it to make a profit.

They will never make a profit if they buy the club for a billion.

[AFII]

Liverpool owner Tom Hicks to sell Anfield stake
By Giles Mole
Last Updated: 8:43am GMT 30/11/2007

Liverpool may be entering a period of upheaval after it emerged co-owner Tom Hicks is looking for a way out of the club.

City sources have confirmed that Hicks, who has been at the forefront of a dispute with manager Rafa Benitez over signings, is preparing to sell his shares.

Hicks took control at Anfield, alongside fellow American George Gillett, following a £219 million takeover.

Both men initially rang the praises of Benitez, calling the manager a genius, with many supporters predicting Liverpool would lift the Premier League title this season after a £40m summer spending spree.

However, results have been inconsistent, sparking criticism of Benitez's rotation policy and prompting the Spaniard to demand more funds in January.

Hicks and Gillett have so far been reluctant to release more money for players, prompting a very public breakdown in relations.

Now it seems developments have reached a head with Hicks hoping to cash in on his investment.

The businessman has reportedly put a £1 billion guide valuation on the club, and while City analysts have dismissed this as ridiculous, it was revealed last night that Dubai International Capital, the investment group headed by Sheikh Mohammed Bin Rashid, are ready to make a new bid having previously attempted a takeover.

http://www.telegraph.co.uk/sport/mai...verpool130.xml

[Darth Marty]

I am happyish with the americans, just like id be happy if DIC took control just like id be happy if Bill gates took control.
All i want for christmas is this **** to be sorted once and for all!

[Tee]

Could the one billion pound valuation include the new stadium costs?

[carlton]

Liverpool owner Tom Hicks to sell Anfield stake
By Giles Mole
Last Updated: 8:43am GMT 30/11/2007

Liverpool may be entering a period of upheaval after it emerged co-owner Tom Hicks is looking for a way out of the club.

City sources have confirmed that Hicks, who has been at the forefront of a dispute with manager Rafa Benitez over signings, is preparing to sell his shares.

Hicks took control at Anfield, alongside fellow American George Gillett, following a £219 million takeover.

Both men initially rang the praises of Benitez, calling the manager a genius, with many supporters predicting Liverpool would lift the Premier League title this season after a £40m summer spending spree.

However, results have been inconsistent, sparking criticism of Benitez's rotation policy and prompting the Spaniard to demand more funds in January.

Hicks and Gillett have so far been reluctant to release more money for players, prompting a very public breakdown in relations.

Now it seems developments have reached a head with Hicks hoping to cash in on his investment.

The businessman has reportedly put a £1 billion guide valuation on the club, and while City analysts have dismissed this as ridiculous, it was revealed last night that Dubai International Capital, the investment group headed by Sheikh Mohammed Bin Rashid, are ready to make a new bid having previously attempted a takeover.

http://www.telegraph.co.uk/sport/mai...verpool130.xml

Curiouser and curiouser.

[tomasjj]

hmmmm....maybe there is anything in these rumours anyway...and this is also why Gillett is so quiet.

[kopdan]

maybe

but DIC aint coming back

[sonsofthedesert]

Curiouser and curiouser.

They have done what I expected, repeated the story in the mirror, they will not have checked the validity just repeated it incase it is true.

[Tee]

I think RP will not want DIC anywhere near the club as it will mean the end for him. If true there could be a period of uncertainty and instability coming up - just what we do not need if we want to win the league. But having said that I would much rather have the club under DIC's ownership, so it may be worth it in the long term.

[The_weatherman]

Could Hicks and Gillett also be rethinking this business as a result of the dollar vs. euro? It has complicated things for them considerably.

[Imy]

Later Hicks Partnerships rarely work.

Agree with the notion that DIC wont be picking up his share and then them working with Gillett, All or nothing i suspect with them. (hopefully all)

I suspect another American investor, didn't someone mention the Gillett is good chums with the guy that owns NASCAR?

[sonsofthedesert]

Later Hicks Partnerships rarely work.

Agree with the notion that DIC wont be picking up his share and then them working with Gillett, All or nothing i suspect with them. (hopefully all)

I suspect another American investor, didn't someone mention the Gillett is good chums with the guy that owns NASCAR?

Yeah, he bought into the guys team, if I remember correctly the team needed the investement from Gillett.

[AFII]

maybe

but DIC aint coming back

Who knows, if they are not in it to make a profit, then they will buy the club IF they are interested even if it will costs them a billion.

Not even Roman can compete with them. A billion isn't that much money for them.

Another thing you would have to consider is the PR part. Only that would be worth a lot of money for them.

Welcome to the DIC stadium, the home of the greatest team on earth. If they make us successful then it will in return create a lot of good PR for them.

[DeeGame]

I hope Kraft buys Hick's shares

[Imy]

Yeah, he bought into the guys team, if I remember correctly the team needed the investement from Gillett.

Ok so that dude doesn't sound like he's made of money so we can pssibly rule him out.