Liverpool FC Owners Tom Hicks And George Gillett Branded ‘Asset Strippers’

The American owners of Liverpool Football Club have been labelled “asset strippers” by an MP in the House of Commons.

Labour’s Steve Rotheram, MP for Liverpool Walton, used his maiden speech in the Commons on Thursday to claim the actions of George Gillett and Tom Hicks “threatened the club’s existence”.

In a separate Commons motion he has accused the pair of failing “to exercise responsible stewardship of the club”.

The Americans, who bought the Reds in 2007, recently announced their intention to sell the club, which is £351 million in debt.

Mr. Rotheram, an Anfield season-ticket holder, said: “England’s most successful football club is slowly being drained by the greed of two American asset strippers and this is having a negative impact on regeneration projects for the whole area.”