Liverpool put up for sale by American owners
Quote:
Liverpool owners Tom Hicks and George Gillett have confirmed their intention to sell the debt-ridden Premier League club by appointing a new chairman.
British Airways boss Martin Broughton has been handed the task of overseeing the sale of the Anfield outfit.
Americans Hicks and Gillett say there has been "numerous expressions of interest" and have asked Barclays Capital to advise them on the sale.
With debts of £237m, the club had been seeking £100m of outside investment.
Chief executive Christian Purslow had been assigned with finding this to satisfy a request from the club's principal creditor, RBS, to reduce the loan.
But with the search for fresh investment still unresolved, issues over funding for a new stadium in Stanley Park and providing a substantial transfer budget for manager Rafael Benitez becoming increasingly significant the Americans have decided their best option is to sell up, admitting they have taken the club as far as they can.
http://news.bbc.co.uk/sport1/hi/foot...ol/8624597.stm
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