Hicks pays 'terrible price'
Tom Hicks believes he has paid a 'terrible price' during his co-ownership of Liverpool.
Last Updated: 06/05/10 9:18am
Tom Hicks believes he has paid a 'terrible price' during his co-ownership of Liverpool but has implied that it could take two years to sell the club.
The American businessman and co-owner George Gillett are ready to listen to offers for the Reds after appointing new chairman Martin Broughton to help find buyers.
But when announcing plans to sell, Hicks also indicated that he believed the club have tripled in value under his control to an asking price of effectively £800million.
This suggested the Texan will not be willing to accept a cut-price, quick conclusion to his turbulent time at Anfield, which began in February 2007, and he has now reinforced that fact.
"From discussions we've had over the last two years, there are plenty of those people [potential investors in Liverpool] out there," Hicks said in The Times. "We've owned it three years. We won't own it for five.
"I can still be a fan. But I've paid a terrible price. I'm 64 years old. I don't want that any more.
"Jerry Jones [the Dallas Cowboys owner] is a good friend of mine, but his life and his family's life is the Dallas Cowboys. Mark Cuban, the Dallas Mavericks are his life. This isn't my life."