Dubai International Capital are preparing to buy out George Gillett’s stake to seize co-ownership of Liverpool, in a long-sighted attempt to oust Gillett’s antagonistic business partner Tom Hicks.
Boardroom relations at Anfield have capitulated to the point of name-calling and gossiping over the last few weeks, as Hicks has amped up his attempts to exercise executive control of the club.
The Texan asked for Rick Parry to step down as Liverpool CEO last week, claiming he has been a ‘disaster’ who has let the Reds slip inexcusably far behind the likes of Manchester United and Chelsea on the commercial front.
But DIC are undeterred by the American’s antics, and await only the expiration of pre-emption rights that currently bar the sale of Gillett’s majority before they swoop in take a 50 per cent stake in the Merseyside giants.
It is believed the Arab firm will then attempt to implement a long-term plan to ease Hicks out of the club, which will involve providing significant funds for Liverpool’s new stadium at Stanley Park and then asking Hicks to do the same – a challenge they believe the American will be unable to match.
But Hicks is refusing to let DIC walk into the club without a fight. He has outlined a plan that involves buying out Gillett’s share – despite Gillett’s insistence that he would never sell to Hicks – and thus seizing sole ownership of the club, a venture that he hopes will be financially backed by a host of minority shareholders.
Meanwhile, Hicks has attempted sully the reputations of Parry and Gillett in an attempt to lure Liverpool manager Rafael Benitez into the fray, yesterday claimed that Parry had spent “three or four hours” in a private discussion with Jurgen Klinsmann, who was interviewed as a possible replacement for Benitez amid disagreements over Liverpool’s transfer policy.
However, Rafa has remained silent on the matter and the Liverpool fans seem to have wholly rejected Hicks’ approach and sided with Gillett and DIC, with many rally groups and petitions forming directed at ousting the Texas Rangers owner.
But even if DIC do succeed in taking part-control of the club, it will take time before they can attempt to fully overthrow Hicks. Hence, with no clear and immediate resolution in sight, it is possible that Benitez may choose to leave Merseyside at the end of the season – although a second Champions League triumph may sway him to stay, should it occur.
Boardroom relations at Anfield have capitulated to the point of name-calling and gossiping over the last few weeks, as Hicks has amped up his attempts to exercise executive control of the club.
The Texan asked for Rick Parry to step down as Liverpool CEO last week, claiming he has been a ‘disaster’ who has let the Reds slip inexcusably far behind the likes of Manchester United and Chelsea on the commercial front.
But DIC are undeterred by the American’s antics, and await only the expiration of pre-emption rights that currently bar the sale of Gillett’s majority before they swoop in take a 50 per cent stake in the Merseyside giants.
It is believed the Arab firm will then attempt to implement a long-term plan to ease Hicks out of the club, which will involve providing significant funds for Liverpool’s new stadium at Stanley Park and then asking Hicks to do the same – a challenge they believe the American will be unable to match.
But Hicks is refusing to let DIC walk into the club without a fight. He has outlined a plan that involves buying out Gillett’s share – despite Gillett’s insistence that he would never sell to Hicks – and thus seizing sole ownership of the club, a venture that he hopes will be financially backed by a host of minority shareholders.
Meanwhile, Hicks has attempted sully the reputations of Parry and Gillett in an attempt to lure Liverpool manager Rafael Benitez into the fray, yesterday claimed that Parry had spent “three or four hours” in a private discussion with Jurgen Klinsmann, who was interviewed as a possible replacement for Benitez amid disagreements over Liverpool’s transfer policy.
However, Rafa has remained silent on the matter and the Liverpool fans seem to have wholly rejected Hicks’ approach and sided with Gillett and DIC, with many rally groups and petitions forming directed at ousting the Texas Rangers owner.
But even if DIC do succeed in taking part-control of the club, it will take time before they can attempt to fully overthrow Hicks. Hence, with no clear and immediate resolution in sight, it is possible that Benitez may choose to leave Merseyside at the end of the season – although a second Champions League triumph may sway him to stay, should it occur.
No comments:
Post a Comment