Liverpool could finally be rid of Hicks and GillettBy: Rob | October 6th, 2010
The big news of the day is that Liverpool, may finally be rid of Hicks and Gillett, the owners that have saddled the club with debt and in general impeeded any progress of the club. The new owners are to be the owners of the Boston Red Sox (Americans again! At least Liverpool fans can keep their Hate The Yanks banners, just in case) For up to the minute news its worth checking the continually updating Liverpool Offside, but from me a summery.
The deal is confimed, but Hicks and Gillett are causing enough trouble behind the scenes that it isn’t done and dusted, and of course the new owners need to be vetted by the Premier League (although, I’m not sure how bad you have to be to actually be turned down by the PL)
H&G stand to lose £144m, which is presumably why they have been fighting this move every step of the way. I’m not a Liverpool fan or anything, but it really has to be hoped that they get shot of them, and that the PL obviously should be more picky about who is running the clubs.
The Premier League hopes to have all the paperwork wrapped up by Friday. Fingers crossed they can finally see the back of H&G, and that hopefully, the new oweners bring a brighter future.