Source: Liverpool_Echo
Tom Hicks denies he made promises to David Moores about plunging Liverpool FC into debt
TOM HICKS has denied promising previous Liverpool owner David Moores that he wouldn't plunge the club into debt.[LNB]The extensive borrowing of Hicks and co-owner George Gillett have sent Liverpool £351million into the red and burdened them with crippling annual interest payments.[LNB]Moores says that went against what was agreed when he sold them the club in 2007. The former chairman insists the terms of the deal were 'unambiguous' and that investment bank Rothschild & Sons had guaranteed that the pair were 'good for the money'.[LNB]However, Hicks denies that anyone was misled.[LNB]'In our agreement with the seller, no representation was made that the new ownership group would be debt-free,' Hicks said.[LNB]Hicks described Moores' criticism of their reign and his plea for them to sell up as a 'weak attempt to deflect attention from the prior owner'.[LNB]Meanwhile, Liverpool legend Phil Thompson believes no-one could blame captain Steven Gerrard if he chooses to leave the club.[LNB]Gerrard's future is again the subject of speculation with new Real Madrid boss Jose Mourinho expected to make another attempt to sign him this summer.[LNB]'I think it is an extremely difficult one,' Thompson said.[LNB]'I hope he stays and I would love him to stay.
