Source: PA
Owners issue statement
After Liverpool issued a statement on their official website on Tuesday night advising that the club had received two offers and that owners Tom Hicks and George Gillett had sought to remove managing director Christian Purslow and commercial director Ian Ayre, the American duo released the following statement.
"In April, we confirmed our agreement to sell Liverpool Football Club, and appointed a new chairman and advisers to oversee the process.
"At that time we and Martin Broughton stated our commitment to finding the right buyer for LFC, one that could support and sustain the club in the future. We remain committed to that goal.
"The owners have invested more than 270 million US dollars in cash into the club, and during their tenure revenues have nearly doubled, investment in players has increased and the club is one of the most profitable in the EPL.
"As such, the board has been presented with offers that we believe dramatically undervalue the club.
"To be clear, there is no change in our commitment to finding a buyer for Liverpool Football Club at a fair price that reflects the very significant investment we've made. We will, however, resist any attempt to sell the club without due process or agreement by the owners."
