Hicks denies Gillett talk

Image: Hicks & Gillett: Ongoing speculation

Liverpool co-owner Tom Hicks has refuted claims he is open to George Gillett selling his stake in the club.

Takeover saga at Liverpool takes another twist

Liverpool co-owner Tom Hicks has refuted claims he is open to George Gillett selling his stake in the club. Reports had suggested Hicks would not stand in the way of Gillett selling his 50 per cent stake in the Anfield outfit. Gillett is understood to be in negotiations with Dubai International Capital (DIC) concerning the potential sale of his shares, but required the backing of Hicks in order to complete any deal. The two Americans entered into an agreement at the time of their purchase of the club that stipulated that if either of them should decide to walk away from Anfield then the other would have first refusal on buying their partner out. Hicks' camp have now denied the suggestions that they have given Gillett the green light to sell his 50 per cent stake in Liverpool to DIC. Hicks is believed to be sticking to his plan to try and obtain complete control of the Reds rather than parting with his stake in the club to DIC.

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