Advertisement
This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 5 °C Sunday 29 March, 2020

#Tom Hicks

# tom-hicks - Monday 10 October, 2011

Reina: Reds only wanted me as a 'bargaining chip' to sell the club

Keeper says that Liverpool turned down a £20m bid from Arsenal in 2010, but the decision had nothing to do with his on-field ability.

# tom-hicks - Wednesday 6 April, 2011

LeBron James to take part ownership of Liverpool FC

No, seriously – the Miami Heat star has reportedly struck a deal to take a part stake as part of a deal to take on new agents.

# tom-hicks - Thursday 17 February, 2011

Hicks forced to pursue any damages through British legal system

Former Liverpool owner will have to file his damages lawsuit in Britain after the High Court refused to lift an anti-suit injunction earlier today.

# tom-hicks - Saturday 16 October, 2010

From TheJournal.ie Hicks claims he was "swindled" in NESV sale LFC

Hicks claims he was "swindled" in NESV sale

Former Liverpool owner claims “conspiracy” prevented him from repaying debts to RBS.

# tom-hicks - Friday 15 October, 2010

It's done! Liverpool confirms sale to NESV – as old owners seek $1.6bn damages Liverpool Takeover

It's done! Liverpool confirms sale to NESV – as old owners seek $1.6bn damages

Tom Hicks and George Gillett withdraw their injunction – but get set to seek a billion-dollar payout in damages.

Liverpool takeover could (finally) be complete today

The Texas court that issued the outstanding injunction against Liverpool’s sale could remove that ban today.

# tom-hicks - Thursday 14 October, 2010

High Court says Liverpool sale can still go ahead Liverpool Takeover

High Court says Liverpool sale can still go ahead

Justice Christopher Floyd at Britain’s High Court dismisses the Texan injunction: “This case has nothing to do with Texas.”

What the hell is going on at Liverpool FC?

What the hell is going on at Liverpool FC?

Our somewhat condensed guide to who’s who, what’s what, and why the American courts are involved.

Liverpool owners secure Texas injunction to block sale

Liverpool owners secure Texas injunction to block sale

Denied the right of appeal in the UK, Tom Hicks and George Gillett resort to the Texas judiciary to fight the sale.

# tom-hicks - Wednesday 13 October, 2010

High Court ruling means Liverpool FC sale will go ahead

High Court ruling means Liverpool FC sale will go ahead

The Royal Bank of Scotland is granted an injunction stopping Tom Hicks and George Gillett from blocking NESV’s takeover.

# tom-hicks - Tuesday 12 October, 2010

Judgement on Liverpool dispute to be delivered tomorrow

Judgement on Liverpool dispute to be delivered tomorrow

There’ll be no decision on whether the Royal Bank of Scotland can force through the sale of Liverpool FC until tomorrow.

From TheJournal.ie Liverpool's day in the dock as second bidder emerges

Liverpool's day in the dock as second bidder emerges

Singapore billionaire Peter Lim comes forward with a revised offer – as RBS and Tom Hicks go to court.

# tom-hicks - Monday 11 October, 2010

Liverpool ownership hearing scheduled for tomorrow morning

Liverpool ownership hearing scheduled for tomorrow morning

‘Royal Bank of Scotland PLC v Hicks & others’, to be heard tomorrow, will decide whether the club will be sold.

# tom-hicks - Friday 8 October, 2010

Liverpool could still face nine-point deduction

Liverpool could still face nine-point deduction

The club had thought it was safe because it’s owned by a holding company: now it appears that’s not the case.

# tom-hicks - Wednesday 6 October, 2010

From TheJournal.ie Deal on Liverpool expected by the end of the week Sale

Deal on Liverpool expected by the end of the week

Chairman slams Hicks and Gillett confirms sale could be completed by next week, while Carragher weighs in in support of NESV sale.

# tom-hicks - Tuesday 5 October, 2010

'Two credible bids' lodged to buy Liverpool

'Two credible bids' lodged to buy Liverpool

Liverpool FC is on the brink of being sold after two parties lodge serious bids to buy the club.

Celebrities line up for Liverpool protest video

Celebrities line up for Liverpool protest video

Liverpudlians from real life and the TV screen join forces in a video urging Tom Hicks to sell the club.

# tom-hicks - Tuesday 28 September, 2010

Liverpool fans' group gears up for takeover bid

The Spirit of Shankly sets up a credit union to allow supporters save up for a mutual investment in the club.

# tom-hicks - Thursday 5 August, 2010

CHINA INVESTMENT CORPORATION (CIC) – the Chinese government’s foreign investment fund – is widely reported this morning as being behind the bid of Hong Kong investor Kenny Huang to buy Liverpool football club.

The Guardian reports that CIC has sold $558m of its shares in banking giant Morgan Stanley in the last two weeks – raising exactly the amount needed to cover Liverpool’s debt of £351.4m (€424m), and exactly the amount at which the club is valued by Huang’s consortium.

The fact that the government has been moving to liquidate its assets means that it is almost certain to make a move to take over the Anfield club.

It is also suggested that with the Chinese government funding the takeover and clearing the club’s debt, that Huang would be able to offer club boss Roy Hodgson a transfer kitty of about £150m (€181m).

CIC would be expected to take a back-seat role in the club’s affairs, with its website stating:

CIC usually does not seek an active role in the companies in which it invests nor attempts to influence those companies’ operations.

CIC seeks long-term, stable, sustainable, and risk-adjusted return.

The move comes as a bid led by former Saudi international Yahya Kirdi is widely suggested to be an artificially-created bid intended to inflate the asking price of the club in the absence of any other significant bidders.

Kirdi is known to be a close friend of the son of George Gillett, one of Liverpool’s current co-owners along with fellow American Tom Hicks.

The proposed involvement of the Chinese government in the club’s ownership, however, raises the awkward proposition of having the Premier League scrutinising the government as part of its Owners and Directors Test.

# tom-hicks - Wednesday 4 August, 2010

AFTER YESTERDAY’S NEWS that Hong Kong businessman Kenny Huang had lodged a formal bid for Liverpool, a consortium of Arab and Canadian investors – including former Syrian international Yahya Kirdi – are reported to be putting together a renewed offer to buy the club.

# tom-hicks - Tuesday 3 August, 2010

CHINESE BUSINESSMAN KENNY HUANG has lodged a formal takeover bid to buy Liverpool FC from its American owners, according to reports this morning.

Huang, who is the chief executive of a Hong Kong investment company QSL Sports Ltd, has submitted a bid valuing the club at £325m (€392m).

The Cantonese tycoon was linked with a bid for the club in the summer of 2008, but is understood to have baulked at the then-asking price of £650m (€784.4m).

But with the club seeing its debt balloon significantly under the tenure of current owners Tom Hicks and George Gillett – with its largest creditor, the Royal Bank of Scotland, owed £237m (€286m) – Huang now believes the club to be value for money.

A secure long-term future is thought to be vital if the club is to hold on to stars like Fernando Torres and Steven Gerrard, who could be sold before the August 31 transfer deadline if they are not satisfied with the boardroom setup.

Hicks and Gillett bought the club in February 2007 for a total of £218.9m (€264m), which included debt of just £44.8m (€54m). The two have had a strained relationship in recent years, however, and have sought to sell the club for much of their time as owners.

The Americans are believed to value the club at $800m (€608m) but are so desperate to sell that they may be prepared to shoulder a loss if it helps end their nightmare joint ownership.

The club’s chairman, Martin Broughton, has said that there are “several” offers on the table for the club, however.

One Syrian businessman, Yahya Kirdi, told newspapers he was interested in buying, but is known to be close to Gillett’s son and may have been asked to bid simply to raise the asking price.

Other investors linked with the club include Dubai International Capital, the Rhone Group and the wealthy Al-Kharafi family from Kuwait.