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US group 'to make Liverpool bid'

Published: 14 Mar 2010 - 16:56:02

Liverpool have received a £118.5m investment bid from private equity firm Rhone Group, according to reports.American co-owners Tom Hicks and George Gillett are obliged to reduce the club's £237m debt with Royal Bank of Scotland by £100m by this summer. The deal would make the New York-based group the largest shareholder with 40%, Hicks and Gillett each falling to 30%. The Press Association report added that the bid, tabled on Saturday, has yet to be discussed at board level. If a bid were .... read more

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