Hicks "wants to sell up"

[Pacman]

You add enough weight to this already

I thought you'd ****ed off?

[Assassin]

I thought you'd ****ed off?

The temptation to ridicule you was just too much

[Pacman]

The temptation to ridicule you was just too much

Good to have you back......you ****

[Assassin]

Good to have you back......you ****

I resemble that remark

[Lecter]

Plus why arrange a loan on a stadium that you wont be around to see, because you wont be the owner then?

The loan isnt secured by Hicks & Gillett but against the clubs assets

[bazza76]

I hope Kraft buys Hick's shares

Kaft I am thinking wouldn't be a bad operator alone, but not as a co. owner.
Still feel like we are jumping the gun a bit anyway.

[ARIMAN]

OK - so then Hicks bought the club with loans, building the stadium with loans (against the club), but if he sells his shares he`ll get pure profit then?

Great business

[bazza76]

Tom Hicks denies reports of Liverpool sell-out

By Giles Mole and agencies
Last Updated: 11:19am GMT 30/11/2007

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Liverpool are distancing themselves from reports that co-owner Tom Hicks wants to sell his stake in the club.
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Sources close to the American millionaire have confirmed he was made aware of the speculation several days ago.

Tom Hicks dismisses reports of Liverpool sell-out
No sale: Liverpool owner Tom Hicks has denied sale rumours

The businessman was rumoured to have put a £1 billion guide valuation on the club, with Dubai International Capital, the investment group headed by Sheikh Mohammed Bin Rashid, supposedly interested.

However, it is believed that in conversation with the board earlier this week Hicks was angered by the suggestions, and has denied them to key figures at Anfield.

Co-owners Hicks and Gillett are said to be on the brink of sealing finances to build a £400 million new stadium in Stanley Park.

In the current tough financial market that has taken them some time, though, and they have found world banks reluctant to loan money for such a major undertaking.

And in the midst of all this, reports persist of a row with manager Rafa Benitez over transfer policy, with the prospect at one stage that the Spaniard's public insubordination could cost him his job.

In recent days, though, that conflict has been smoothed over, thanks largely to a lengthy meeting between chief executive Rick Parry and Benitez ahead of Wednesday's 4-1 Champions League win over Porto.

It was around this time, supposedly, that Hicks made it clear that speculation about him selling up was not true.

[Lecter]

OK - so then Hicks bought the club with loans, building the stadium with loans (against the club), but if he sells his shares he`ll get pure profit then?

Great business

Hicks & Gillett initially bought the club through loans secured against themselves

The loan runs out in February 2008

They are in the process of / have refinanced and the loan will be grouped together with a loan for the stadium build that will be secured against the clubs assets

I'm not 100% certain on the intracacies of the rest

[Jayesh87]

not this takeover crap again

[Lecter]

not this takeover crap again

Be quiet Milky you might learn something

[tomasjj]

I thought the two owners disagreed on heaping their costs for buying LFC onto the club?
The stadium, ok. But their initial costs.

[Rocket]

will be interesting to see the set of accounts, think the year end is june 08. interest costs should have increased but a fairly substantial amount

[Lecter]

will be interesting to see the set of accounts, think the year end is june 08. interest costs should have increased but a fairly substantial amount

Its a private company they dont have to publicise the accounts

[Kaip]

will be interesting to see the set of accounts, think the year end is june 08. interest costs should have increased but a fairly substantial amount

Cant wait