John Aldridge says former Liverpool FC chairman David Moores will be ‘heartbroken’

JOHN ALDRIDGE believes the demise of Liverpool Football Club will have left David Moores 'heartbroken'.In response to mounting criticism the former Reds chairman yesterday published an open letter detailing his reasons for selling the club to Tom Hicks and George Gillett in February 2007.After seeing Liverpool saddled with debt, and a lack of progress on the proposed new stadium, Moores broke his silence and admitted he made a mistake doing business with the Americans.He is now urging Hicks and Gillett to sell up at the right price.Kopite turned Liverpool striker, Aldridge, is angered at how the club has been run under the Americans' stewardship and insists the only way forward for the Reds is if they sell up and ship out.Aldridge agrees Moores made a huge blunder handing over to Hicks and Gillett but insists he wouldn't have done so had he known what lay in store.'David's a really nice fella,' Aldridge told the ECHO.'If he knew this situation would arise he would never have sold the club to the Americans.'His heart will be breaking with what has happened.'David has said that any mistakes he made were honest mistakes. I'd agree with that wholeheartedly. He loves Liverpool like I do.'Moores revealed his understanding during the sale was that no debt would be placed on the club.Instead, Liverpool is now £351m in the red and facing crippling interest payments of £40million a year.Said Aldridge: 'It's easy with hindsight but the only question I would ask is why didn't he (Moores) get them to sign a document to say they wouldn't take the club into debt?'I've been guilty of being naïve and trusting people that I shouldn't before. But when it comes to Liverpool Football Club, well, it was bad business. Everyone regrets it now and probably none more so than David.'Moores suggests the owners are out of their depth claiming 'at best they've bitten off more than they can chew.'Aldridge, however, puts their continued involvement down to greed.The club was put up for sale in April but, as yet, there have been no offers.Hicks and Gillett are thought to be holding out for the highest price. Aldridge backs Moores saying they must be realistic in the current economic climate.

Source: Liverpool_Echo