Hicks rules out Reds sale

Anfield co-owner denies accepting DIC offer

Last updated: 20th January 2008   Subscribe to RSS Feed

Hicks rules out Reds sale

Hicks: Reports denied

I have not received any offer to purchase the club from the DIC or anyone else, much less accepted any such offer. Nor do I have any intention of doing so.

Tom Hicks.
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Liverpool co-owner Tom Hicks has insisted he has no intention of accepting an offer for his stake in the Anfield giants.

Reports over the weekend had suggested Dubai International Capital was preparing to launch a £500million bid to buy the club and that an offer was in the process of being made to American co-owners Hicks and George Gillett.

One Merseyside-based media agency went so far as to suggest the club had indeed been sold to DIC.

However Hicks has released a statement in which he described the latest report as "a complete fabrication and ... absolutely and categorically untrue".

False report

Hicks added: "I have not received any offer to purchase the club from the DIC or anyone else, much less accepted any such offer. Nor do I have any intention of doing so.

"Whoever is behind this false report, the facts are that I and my family have always been, and remain, fully committed to co-owning the club; that no-one in my family has ever indicated any intention or desire to sell our stake in the club; and that we expect and intend to be co-owners of the club, and to actively and enthusiastically support the club's manager, players and fans for many years to come."

Hicks' statement was released through financial and corporate communications consultancy FD.

Reports had claimed that DIC were set to make an offer for the complete buy-out of the American duo.

The Dubai-based group were close to their own takeover of the Anfield club 12 months ago before the Reds' then chairman David Moores decided to go with the USA investors.