Source: Liverpool_Echo
Tom Hicks has talks to take sole control of Liverpool FC
George Gillett and Tom Hicks 300[LNB]TOM HICKS is trying to go it alone and take total control of Liverpool.[LNB]The Anfield co-owner is searching for last ditch refinancing deals as the October 6 deadline for his and George Gillett's debts to be repaid looms.[LNB]Hicks will face fierce opposition from the majority of the Anfield board.[LNB]The Americans are now believed to owe approximately £280m under the terms of their arrangement.[LNB] Co-owner Hicks arrived in London on Wednesday and has discussed refinancing options with, among others, the investment bank FBR Capital Markets.[LNB]Liverpool would face further damaging interest repayments should Hicks succeed in preventing RBS from taking control and selling the club on for much less than the Americans' original £800m valuation. [LNB]However, Hicks would require majority approval from the Liverpool board to secure a deal and, so far, the chairman Martin Broughton, managing director Christian Purslow and commercial director Ian Ayre have all opposed his attempts to remain at the helm.
