Liverpool Football Club put up for sale by Tom Hicks and George Gillett

16 April 2010 08:00
Tom Hicks and George Gillett 460[LNB]Tom Hicks and George Gillett today officially put Liverpool Football Club up for sale.[LNB]The Americans confirmed in a 9am statement that they are to relinquish their ownership of the Reds as they appointed new Chairman Martin Broughton to oversee the sale of Britain's most successful ever football club to new owners.[LNB]Barclays Capital have been hired to lead the bid to find new owners.[LNB]British Airway Chairman Broughton will work alongside current Managing Director Christian Purslow and other existing Anfield board members to lead the Reds into a new era - which it is intended will still include the buiilding of a long since planned new stadium - after all the troubles of the past three years.[LNB]A press release issued this morning read: "Liverpool Football Club today announced that Martin Broughton has been appointed as Chairman with immediate effect.[LNB]"The new Chairman will oversee a formal sale process launched by current owners, Thomas Hicks and George Gillett Jr.[LNB]"Following numerous expressions of interest from third parties, the Club has engaged Barclays Capital to advise on the sale process.[LNB]"The Club has the full support of its existing bankers for this process and has financing in place which will fully support the Club's operations."[LNB] Liverpool FC for sale on Dipity.[LNB]

Source: Liverpool_Echo