Friday, May 28, 2010

Tom Hicks: We Will Probably Sell Liverpool To A Buyer From The Middle East Or Asia

Liverpool co-owner Tom Hicks believes there are many parties throughout the world interested in buying the football club, although he believes the eventual new owner is most likely to come from the Middle East or Asia.

Hicks, along with fellow American George Gillett, is under heavy pressure to sell the Merseyside outfit as soon as possible, after a three-year tenure that has seen the club heaped with debt, fail to start work on a new stadium and fall off the pace in the Premier League.

After addressing concerns about the club's future on Wednesday, Hicks has reiterated his belief that a buyer for the struggling club will not be hard to find.

"Liverpool has a really big universe of interested buyers," Hicks told Bloomberg.

"There are a number of wealthy people all over the world, particularly in the Middle East and Asia, who are enormous Liverpool fans."

The 64-year-old also revealed he is looking to sell off all his other sporting assets, complaining about the constant attention such high-profile organizations tend to attract.

His Texas Rangers baseball side filed for bankruptcy on Monday, while his NHL outfit the Dallas Stars are also being sold off. If all goes to plan, Liverpool will be the final one to change hands.

"Sports has never been my primary business," Hicks said.

"We are systematically selling our sports assets to focus on our core businesses like private equity and real estate.

"The lack of privacy in sports is something that my family and I aren't willing to undertake any longer.

"We'll always be big fans but we want our privacy back."

No comments: