Video: Tom Hicks and George Gillett put Liverpool FC up for sale

April 16, 2010 | Filed Under: Blog, UK Box Update 
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Good news at last for most Liverpool fans as Tom Hicks and George Gillett have at last agreed to sell the club and Mr Broughton currently chairman of British Airways PLC and deputy president of the Confederation of British Industry, will work with the club’s existing management to get the club in the right direction.

Hicks and Gillett  quoted : “Owning Liverpool football club over these past three years has been a rewarding and exciting experience for us and our families.

“Having grown the club this far we have now decided together to look to sell the club to owners committed to take the club through its next level of growth and development.

“We are delighted that Martin Broughton has agreed to take the position of chairman, working alongside the club’s excellent senior management team.

Liverpool’s debt, as a result of Hicks and Gillett’s purchase, standing at £237million they were repaying £30million a year just to service their loans ouch!

Happy days

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