Hicks hopes Middle East investment drive will fund Liverpool's new stadium

17 September 2009 10:37
Tom Hicks hopes to take a step nearer to funding a new stadium for Liverpool by raising around £100million from an investment drive in the Middle East. The day after the announcement of an £80million four-year shirt sponsorship deal with Standard Chartered, the co-owner and his advisers are believed to be sounding out potential backers over buying a stake in the club, although this would not affect his and fellow owner fellow-owner George Gillett's standing as major shareholders.

Source: Daily_Mail