06 March 2008

Tom Hicks 'set to move on Dubai'

Mar 6 2008
by Tony Barrett, Liverpool Echo

A DEAL for Dubai International Capital to buy George Gillett’s Liverpool stake is imminent, it has been claimed.
Sources close to DIC today revealed Tom Hicks is ready to drop his resistance to George Gillett selling his stake in Liverpool Football Club to DIC.
An offer from DIC for Gillett’s shares remains on the table and should the American accept he would walk away from Anfield with a profit of around £40m.
Gillett is believed to want more and DIC remain insistent they will not be raising their offer but with talks still going on between the two parties it is thought a deal could be reached within days.
Hicks’ reluctance to enter into any sort of partnership with DIC is well known and on several occasions he has spoken of his willingness to use a veto to block any such deal.
But he has been in touch with DIC in the last 24 hours to tell them he will not stand in their way if they can agree a price with Gillett. He has also told DIC he is willing to enter into talks with them at the earliest possible opportunity to discuss the future of the club.
DIC’s growing confidence that a deal can and will be done saw them dispatch a representative to Anfield for last night’s Premier League game against West Ham.
The representative met with members of various fans group in a bid to gauge their opinion about the club and the best way forward for it.
He also witnessed first hand the latest protest by fans against the current owners with a demonstration which lasted the full 15 minutes of the half-time interval.
The Spirit of Shankly has already indicated it is ready to offer DIC a cautious welcome and would be prepared to enter into a dialogue with them.

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