BLOOD RED: Liverpool FC remain on the rocks until new owners are found

18 September 2010 03:00
George Gillett and Tom Hicks 300[LNB]IT was regarded in some quarters as the hoisting of the white flag, an indication that Liverpool are laying the grounds for a future laced with mediocrity.[LNB]'The ownership problems are well documented and I can't wave a magic wand and make them go away,' said Roy Hodgson, ahead of his side's trip to Birmingham City last weekend.[LNB]'Of course, I cannot deny the club needs new ownership.[LNB]'We're not alone in that, but we're probably the most high-profile club in the world in that situation. I think we will have a decent season. I am confident the boys won't let the fans and the club down.[LNB] 'Whether or not we will really get our act together as we'd like to so we can take the next big step, well, that will depend on the ownership issue being settled.'[LNB]How true.[LNB]While certain critics will have taken this as a sign that Hodgson is being defeatist, the only way to view such a statement is to say he was being totally honest and realistic - the longer that Tom Hicks and George Gillett remain at Anfield, the bigger the problems will become.[LNB]News in recent days that Hicks has spent time frantically trying to secure a refinancing deal, hanging on for grim life, has been greeted with complete dismay by supporters who are vexed and perplexed by this brash Texan's action.

Source: Liverpool_Echo