Liverpool board receive two new takeover offers

anfield
(Photo: Andy Nugent)

anfield

Liverpool’s board have received two new takeover offers, according to sources close to the negotiations.

The club’s independent board members are understood to be considering the bids after an emergency meeting was held on Tuesday to discuss the situation.

A Liverpool statement read: “The Board of Directors have received two excellent financial offers to buy the Club that would repay all its long-term debt.

“A Board meeting was called today to review these bids and approve a sale. Shortly prior to the meeting, the owners – Tom Hicks and George Gillett – sought to remove Managing Director Christian Purslow and Commercial Director Ian Ayre from the Board, seeking to replace them with Mack Hicks and Lori Kay McCutcheon.

“This matter is now subject to legal review and a further announcement will be made in due course.

“Meanwhile, Martin Broughton, Christian Purslow and Ian Ayre continue to explore every possible route to achieving a sale of the Club at the earliest opportunity.”

The two interested groups, one from Asia and one from America, are believed to be ready to take over the troubled Merseyside club before the Royal Bank of Scotland’s deadline for the sale of Liverpool, which is set for the middle of this month.

However, it is believed Tom Hicks and George Gillett are opposed to accepting either of the bids, with Hicks believed to still be searching for a refinancing deal which could see his tenure at the Anfield club extended.

It has been reported that RBS has refused to finance either Hicks or Gillett, leaving the Texan businessman with limited options should he wish to hold on to the Merseyside club.

Should RBS choose to call in the debts they are owed, Liverpool could find itself under the control of the state-owned bank. RBS would then need to find a buyer for the club by its own means, potentially at a much lower price than the current owners expected.

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