Tom Hicks has reportedly instructed Merrill Lynch to find a buyer for 25% of Liverpool to fund the building of a new stadium.
Although the club is valued at £500m, investors would get a quarter of the business for just £100m, according to The Guardian.
They are apparently targeting potential Middle East investors willing to take on a a share of the current £310m debt, though that is set to be reduced to £250m under the terms of the latest refinancing deal.
Hicks and his co-owner George Gillett have been making noises all week about the strong financial state of the club, boosted by a new £20m-a-year sponsorship deal with Standard Chartered Bank.
Gillett said: "The club is in outstanding shape. Economically, it's never been stronger. We just paid down our debt very substantially. We have less debt per dollar than any club in the league."
Your Comments
ynwa1981
"hahaha i love the way mancs from surrey ireland, devon etc etc comment on lfc posts spouting rubbish.. hahahahhaah bless ya ;s
maybe u shud go an watch a game u armchair glory huntin qwerty noobs!!"
paul_scholes_go
"w223 what are you on about its clearly well known that more united fans live within 10 miles of old trafford than city have or liverpool have. i hear you have truckloads from ireland and everywhere else at every home game. i followed united in the 2nd division with crowds of 60,000 and thousands more locked out(if u like i can give you the names of teams we played ) and being a manc myself i can assure you that united have and always have had more fans in manchester than city have..most city fans are from stockport, its a pity they dont support thier hometown club and county wouldnt now be nearly bankrupt. i suppose the same can be said of your fans , if they did the same brondby and bray wanderers would play to full houses."
modusops
"no-ones been gifted £500m....it's an investment that they will want to recoup."
modusops
"Moore's was broke and desparate. We couldn't afford jack... could just about buy player for around £10m...had to draw an external loan for Dirk Kuyt....this tells you we would have been able to afford 4 £20m (approx) players...not a chance.....they borrowed yes...to enable spending.....now we have to slowly repay...not a problem....hysteria created by fans and media. As someone who works in Finance I do not doubt that we are in safe hands....they both cashed in assets in order to pay off debts, doesn't that show their commitment...I'm sick of my fellow liverpool fans bleating on about this and anyone who disagrees is called "Hicks is so desperate to make this look good that he's posting here under the name modusops"...get a life."
RED_DEVIL
"Err...No. What a waste of money that would be."
mopbucket
"first Cascarino is an awful eejit. second I am a season ticket holder for United and i get over as much a possible so i am not a "telly clapper". sorry about spelling Eissien's name wrong anyone can make a one letter mistake also i do believe that the offer would of being told to go and jump and they had no chance of even putting one in. But every fan of football does like to talk about whom they would like to see pull on their shirt. just like you Brian or im thinking of calling you gerry if you know what i mean. And calling you after the Taoiseach points to some of the nonsense you utter. 1 more thing NAMA wouldnt even touch the pool"
IrishKopiteMkI
"I think the point is fairly obvious mopbucket. You're clearly a bit lacking on the old I.Q. front so I'll go slow and point it out for you. Firstly, you were unable to spell the name of the player correctly, it might help if you researched him enough to know he is not called 'Ession'? Secondly, you seriously thought Fergie should 'chance his arm' [your words not mine] for Essien. What sort of learned mind would think that Chelsea would sell arguably their best player to one of their main rivals. I bet you thought the offer wouldn't have been laughed right out of town?
No doubt you think Cascarino is an informed and erudite pundit? No doubt you think calling me after the Taoiseach is a slur, as you've hinted before but given he is the most senior man in Ireland I'll take it as a compliment.
Oh, by the way, those floors won't wash themselves!"
mopbucket
"Alright BrianCowenMkl... yes i would like SAF to buy Essien as he is a great player. i do believe any pool fan would also like him to be at their club.. so your point being??? my point being who in their right mind would pay 100m for a club with them 2 gods of the business world in charge? its great for a united fan to see them in charge but for a pool fan id say it sucks and thats why your being all sensitive about it... "
W223
"Manutd69, I dont mind anybody taking the p*** out of Liverpool being 'thieves' but when it comes from a Man Utd fan you clearly dont know what you're on about..have you not been to salford recently? what a fantastic city you have? doubt you've never been as 80% of your fans from the UK live outside Manchester...great
"
blueward
"what you need is a rich sheik who gifts, thats gifts you 500 million. I wonder where you could find one of thos..."
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